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Automotive steel features in large parts of the body structure of vehicles and have proven beneficial in allowing optimized, lightweight designs, leading to improved fuel efficiency and safety.
Rotary Pump Market Trends and Dynamic Demand by 2031
The global rotary pump market is expected to witness strong growth during the forecast period between 2021 and 2031.
Rotary pumps are self-priming products that remove a fixed amount of fluid, with every revolution. The clearances between the static components and the kinetic components of any rotary pump is small and this helps reduce the leakage from the discharge parts of the product.
Rotary pumps have shown the capability to handle large pressures and viscosity and help in the smooth flow of fluids, despite complicated designs and pressure differences.
Some of the application areas that have deployed rotary pumps include oil and gas, wastewater treatment, and power generation.
The outbreak of the COVID-19 pandemic negatively impacted the rotary pumps demand owing to the shutting down of different industries because of strict government regulation and lockdowns, to contain the spread of the virus.