The magnetic drive pump market is expected to be worth US$ 660.2 million in 2022 and US$ 672.5 million in 2023. According to Future Market Insights, the magnetic drive pump market would grow at a CAGR of 6.4% between 2023 and 2033, totaling roughly US$ 1,251 million by 2033.
Demand for global magnetic drive pumps waned in 2020 due to the outbreak of...
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