Positive Displacement Pumps Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global Positive Displacement Pumps Market was valued at USD 17.58 billion in 2023 and is projected to grow at a CAGR of over 3.3% from 2024 to 2032. The rising energy demand has bolstered exploration and production activities, heightening the dependence on positive displacement pumps. These pumps are crucial for managing high-viscosity fluids under challenging conditions. Furthermore, the adoption of enhanced oil recovery (EOR) techniques, which necessitate precise fluid control, amplifies the demand for these pumps, thanks to their consistent flow rates and high-pressure capabilities. Additionally, the growth of midstream activities, including pipeline transport and storage, underscores the need for these pumps in accurate metering and safe fluid handling, propelling market growth.

The positive displacement industry is increasingly prioritizing energy-efficient pumps, driving business expansion. Many industries are now integrating high-efficiency motors and variable frequency drives (VFDs) to optimize pump performance and curtail energy consumption. This shift is largely in response to stringent global energy efficiency regulations. Furthermore, with a heightened focus on sustainability, there is a growing demand for pumps that can significantly reduce operational costs through lower energy consumption. In response, manufacturers are innovating with advanced pump designs and incorporating smart technologies to enhance energy efficiency, aligning with both regulatory mandates and the industry's push for greener operations.

The overall industry is classified into type, end user, capacity, operating pressure, application, distribution channel, and region.

The rotary segment generated a revenue of USD 9.59 billion in 2023 and is projected to reach USD 12.59 billion by 2032. Rotary pumps lead the global positive displacement pump market, celebrated for their efficiency and versatility. They adeptly handle a range of fluids, including those with varying viscosities and abrasive particles. Renowned for their reliability and durability, rotary pumps excel in demanding conditions, making them the go-to choice for heavy-duty applications.

The oil & gas segment commanded a dominant market share of 41% in 2023 and is forecasted to grow at a CAGR of 3.1% from 2024 to 2032. The oil & gas industry demands pumps that are both reliable and durable, especially for harsh environments and high-viscosity fluids. These pumps play a pivotal role in operations, such as enhanced oil recovery, where fluid control precision is paramount.

Asia Pacific positive displacement pumps market was valued at over USD 8.74 billion in 2023 and is set to exceed USD 12.21 billion by 2032. This growth is fueled by rapid industrialization and extensive infrastructure development in the region. Sectors like oil & gas, water treatment, and manufacturing are witnessing swift growth, driving the demand for reliable pumping solutions. Moreover, urbanization and large-scale projects in nations like China and India, coupled with expanding oil & gas activities, will further amplify the demand for high-performance pumps.

Product Code: 3561

Chapter 1 Methodology and Scope

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360º synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Product type trends
2.5 End Use trends
2.6 Distribution channel trends

Chapter 3 Market Insights

3.1 Industry ecosystem analysis
3.2 Key news and initiatives
- 3.2.1 Partnership/Collaboration
- 3.2.2 Merger/Acquisition
- 3.2.3 Investment
- 3.2.4 Product launch and innovation
3.3 Regulatory landscape
3.4 Impact forces
3.5 Growth drivers
- 3.5.1 Growing Industrial sector
- 3.5.2 Advancements in Pump System Technologies
- 3.5.3 Stringent environmental regulations
3.6 Industry pitfalls and challenges
- 3.6.1 High maintenance costs
- 3.6.2 Competition and market saturation
3.7 Growth potential analysis
3.8 Technological overview
3.9 Trade analysis
- 3.9.1 Export data
- 3.9.2 Import data
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share, 2023
4.3 Competitive analysis of major market players, 2023
4.4 Competitive positioning matrix, 2023
4.5 Strategic outlook matrix, 2023

Chapter 5 Market Estimates and Forecast, By Type 2018 - 2032, (USD Billion) (Thousand units)

5.1 Key trends
5.2 Rotary
- 5.2.1 Gear
- 5.2.2 Vane
- 5.2.3 Screw
- 5.2.4 Others
5.3 Reciprocating
- 5.3.1 Diaphragm
- 5.3.2 Piston/Plunger

Chapter 6 Market Estimates and Forecast, By End Users 2018 - 2032, (USD Billion) (Thousand units)

6.1 Key trends
6.2 Water treatment
6.3 Oil and gas
6.4 Chemicals
6.5 Pharmaceuticals
6.6 Food and beverage
6.7 Others

Chapter 7 Market Estimates and Forecast, By Capacity 2018 - 2032, (USD Billion) (Thousand units)

7.1 Key trends
7.2 Small (up to 100 GPM)
7.3 Medium (100-1000 GPM)
7.4 Large (above 1000 GPM)

Chapter 8 Market Estimates and Forecast, By Operating pressure 2018 - 2032, (USD Billion) (Thousand units)

8.1 Key trends
8.2 Low pressure (up to 100 bar)
8.3 Medium pressure (100-300 bar)
8.4 High pressure (above 300 bar)

Chapter 9 Market Estimates and Forecast, By Application 2018 - 2032, (USD Billion) (Thousand units)

9.1 Key trends
9.2 Transfer
9.3 Dosing
9.4 Sampling
9.5 Pressure boosting

Chapter 10 Market Estimates and Forecast, By Distribution channel 2018 - 2032, (USD Billion) (Thousand units)

10.1 Key trends
10.2 Direct
10.3 Indirect

Chapter 11 Market Estimates and Forecast, By Region 2018 - 2032, (USD Billion) (Thousand units)

11.1 Key trends
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 UK
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 Australia
- 11.4.6 Malaysia
- 11.4.7 Indonesia
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Argentina
- 11.5.3 Mexico
11.6 MEA
- 11.6.1 Saudi Arabia
- 11.6.2 UAE
- 11.6.3 South Africa

Chapter 12 Company Profiles

12.1 Colfax Corporation
12.2 Dover Corporation
12.3 Ebara Corporation
12.4 Flowserve Corporation
12.5 Gardner Denver (a part of Ingersoll Rand)
12.6 Grundfos Holding A/S
12.7 HERMETIC-Pumpen GmbH
12.8 ITT Inc.
12.9 KSB SE and Co. KGaA
12.10 Nikkiso Co., Ltd.
12.11 Parker Hannifin Corporation
12.12 SPX Flow Inc.
12.13 Sulzer Ltd.
12.14 Wilo SE
12.15 Xylem Inc.