The report further revealed that Asia Pacific excluding Japan (APEJ) is the largest market for centrifugal pumps globally, with China and India accounting for significant revenue contribution to the global market. Many economies in APEJ, especially in ASEAN, are agriculture-driven, and this is creating sustained demand for centrifugal pumps in the region. Increasing arable land under cereal production, combined with micro-irrigation trend is expected to increase the deployment of small capacity centrifugal pumps in APEJ.

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