The global regenerative turbine pump market size has been growing steadily over the years, primarily driven by extensive application across numerous key end-use sectors. Ongoing investments in the development of new wastewater treatment infrastructure in both developed and emerging countries will drive future developments in the sector. Regenerative turbine pumps, also known as peripheral turbines, are preferred in applications where compact design and high pressure are desired. These pumps, on account of their low pulsation, can easily handle air or vapor within the fluid being pumped. Peripheral turbines are suitable for a wide range of applications as they can move high-temperature fluids at high pressures. They are commonly used in compact boiler feed services in dry cleaners, breweries, bakeries, and other commercial plants to circulate cooling water through lasers and other machinery where high head is needed. Building & construction, chemical, oil & gas, agriculture, and waste water treatment are among the other major applications of peripheral turbines. Ongoing developments in the water and wastewater treatment sector are fueling the global regenerative turbine pump market size, which is estimated to hit US$290 million in terms of annual revenue by the year 2027. Water shortage issues in many parts of the world have created a significant need for clean and safe water for drinking and other purposes. The recent years have witness a number of large-scale waste water treatment projects, both in developing and developed regions. In January 2021, the Sharjah Municipality (SM) had inaugurated a new 2,500 cubic meter sewage pumping station in the emirateâ€™s Al Soor region. The new facility has been planned and designed in accordance with the modern requirements after renovation and replacement of the existing plant. Considering the urban boom and population growth in the past few years, the latest revamp has expanded the capacity of the pumping station from 500 cubic meters before rehabilitation to 2,500 cubic meters. The project reflects the Middle East regionâ€™s keenness towards developing infrastructure and services to support the urban and civilizational renaissance. Citing yet another recent instance, in December 2020, a new US$775 million sewage water treatment facility was established near Canada at the southern tip of Vancouver Island. The project aims to deliver clean water in the northern Washington state and the south coast of British Columbia. The new wastewater treatment plant exceeds regulatory requirements and has the capacity to treat nearly 108 million liters of waste water on average daily to a tertiary level, making it one of the largest water treatment facilities in the region. The availability of alternative pumping technologies could be a major factor limiting the demand for regenerative turbine pumping systems in the near future. However, manufacturers are constantly working on designing new improved solutions at low costs to stay competitive in the market and address the increasing global demand. In addition to water and wastewater treatment, emerging applications in myriad other industry verticals will strengthen the industry outlook. Roth Pump Co., MTH Pumps, DLT Electric, LLC., Pentair, WARRENDER, Nikuni Co., Ltd., Corken, Inc., Magnatex Pumps, Inc., Xylem, LTD., Speck, PSG, and TEIKOKU ELECTRIC MFG. CO., LTD. are among the leading regenerative turbine pump manufacturers worldwide.