Global Screw Pumps Market to Grow at a CAGR of 7% During 2014 - 2019; Finds New Report
Screw pumps play an essential role in a wide range of applications such as the sewage, water and wastewater treatment, food and beverage, oil extraction, hydraulic fracturing, and chemical industries. The global screw pumps market is projected to grow significantly, posting a CAGR of over 7%, which is triggered by rapid urbanization and industrialization. Moreover, increase in urbanization has resulted in rising demand for improved infrastructure and water and wastewater treatment plants, thus expediting the demand for screw pumps.
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