According to 6Wresearch, Middle East Industrial Pump Market

size is projected to grow at CAGR of 2.8% during 2018-24. The centrifugal pump captured significant pie in the overall Middle East industrial pump market share owing to large infrastructure projects in the oil & gas and power sector. The oil price turmoil of 2014 has led the Middle East countries to move towards oil independent economies which are spurring the investment across various sectors to drive the Middle East industrial pump market forecast revenues in the coming years.