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Increase in construction activities, surge in demand from the mining industry, and strong industrialization and rapid urbanization in emerging economies are some of the key factors that accelerate the growth of the global dewatering pumps market. Based on region, Asia-Pacific region dominated the market, contributing to more than two-fifths of the market in 2018. On the other hand, the municipal segment is estimated to register the fastest CAGR of 7.1% during the forecast period.
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