World trade was already slowing in 2019 before COVID 19 outbreak, weighed down by trade tensions and slowing economic growth, such as uncertainty generated from Brexit, the U.S.-China trade war, the Japan-South Korea trade war.
Trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world, according to the study of WTO.The decline in exports has been mainly due to the ongoing global slowdown, which got aggravated due to the current Covid-19 crisis. The latter resulted in large scale disruptions in supply chains and demand resulting in cancellation of orders.
XYZResearch’s analysis shows that as China started reopening its economy, world exports initially recovered across the board. But estimates of the expected recovery in 2021 are uncertain, with outcomes depending largely on the duration of the outbreak and the effectiveness of the policy responses.
This research report indicated that the global Side Channel Pump market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. In terms of the export, China occupied more than XX % export market share in 2019, India occupied XX %. XXX is the second largest region around the world, it occupied about XX % export market share in 2019. In terms of the Local Capacity, XXX is the largest region around the world, it occupied about XX % export market share in 2019.
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https://www.statzyreports.com/report/sr284444/post-pandemic-era-global-side-channel-pump-market
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Side Channel Pump Market by XYZResearch Include
China
EU
North America
Japan
India
Southeast Asia
South America
Middle East and Africa
Competitive Analysis; Who are the Major Players in Side Channel Pump Market?
CP Pumpen Group
Castle Pumps
KSB
SPECK Pumpen
Klaus Union
Flowserve
Star Pump Alliance
SERO PumpSystems
CIRCOR International
INOXPA
...
Major Type of Side Channel Pump Covered in XYZResearch report:
Cast iron
Ductile iron
Stainless steel
Bronze
Others
Application Segments Covered in XYZResearch Market
Volatile liquid transfer
Boiler feed
LPG pumping
Tank emptying
Heating/air conditioning
Condensation extraction
Sea water transfer
Reverse osmosis
Hot water circulation
Others
For sample report please visit:
https://www.statzyreports.com/report/sr284444/post-pandemic-era-global-side-channel-pump-market
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