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Focus on Increasing Plant Productivity and Efficiency across Industries Boosts Demand for Pump Services
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The scope of the study includes pump services used in oil and gas, chemicals and petrochemicals, power generation, water and wastewater treatment, food and beverage, and other industries such as pharmaceuticals, pulp and paper, and metals and mining. Services include maintenance, repair, and overhaul (MRO), installation and commissioning (I&C), value-added services (VAS), and decommissioning (Decom). Southeast Asia has plenty of development and exploration activities happening, which is set to spur the demand for pump services throughout the forecast period. As oil and gas, water treatment, and power generation industries will continue to invest in advanced pumping solutions, a greater demand for pump services is expected.
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