Circulated molten salt systems are used to distribute hot liquid salt as a heat medium to heat exchangers or other process heat consumers.
Once the energy is needed, the molten salt circulation process begins. Most systems maintain the salt above its freezing point to avoid the process of remelting, but during commissioning or a cold restart situation the salt is melted in a hot salt tank. The molten salt is then circulated through a closed loop system using a circulation pump specifically designed for pumping hot salt. Fluid circulates from the hot salt tank to a fired heater or electric heater, out to the user, and then back again to the hot salt tank.
This report focus on Molten Salt Circulation Pump market.
This report contains market size and forecasts of Molten Salt Circulation Pump in global, including the following market information:
Global Molten Salt Circulation Pump Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Molten Salt Circulation Pump Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Molten Salt Circulation Pump companies in 2021 (%)
The global Molten Salt Circulation Pump market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Stainless Steel Construction Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Molten Salt Circulation Pump include Sulzer Ltd, Teikoku Electric, Weir Group PLC, Hayward Tyler Ltd, ITT RHEINHÜTTE Pumpen GmbH, Wenesco, Jinan Warwick Pump Co., Ltd, Flowserve and Hebei Tobee Pump Co.,Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Molten Salt Circulation Pump manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Molten Salt Circulation Pump Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Molten Salt Circulation Pump Market Segment Percentages, by Type, 2021 (%)
Stainless Steel Construction
Cast Iron Construction
Global Molten Salt Circulation Pump Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Molten Salt Circulation Pump Market Segment Percentages, by Application, 2021 (%)
Steel Mill
Glass Processing
Rubber Vulcanization
Power Generation
Chemical Manufacturing
Others
Global Molten Salt Circulation Pump Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Molten Salt Circulation Pump Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Molten Salt Circulation Pump revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Molten Salt Circulation Pump revenues share in global market, 2021 (%)
Key companies Molten Salt Circulation Pump sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Molten Salt Circulation Pump sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Sulzer Ltd
Teikoku Electric
Weir Group PLC
Hayward Tyler Ltd
ITT RHEINHÜTTE Pumpen GmbH
Wenesco
Jinan Warwick Pump Co., Ltd
Flowserve
Hebei Tobee Pump Co.,Ltd.
Nagle Pump
AURO PUMPS Pvt
Jiangda Pumps Manufacturing
Yingkou ACID Chemical Pump