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Positive Displacement Pumps Market was valued at USD 17.58 billion in 2023 and is anticipated to register a CAGR of over 3.3% between 2024 and 2032. Rising energy demand has strengthened exploration and production activities, increasing the reliance on positive displacement pumps for managing high-viscosity fluids in challenging conditions. The adoption of enhanced oil recovery (EOR) techniques, which require precise fluid control, is further boosting demand due to the pumps' consistent flow rates and high-pressure capabilities. Moreover, the expansion of midstream activities, such as pipeline transport and storage, is driving the need for these pumps in accurate metering and safe fluid handling, further supporting market growth.
Additionally, the positive displacement pumps industry is growing due to the rising demand for water treatment facilities. Increasing global concerns over water scarcity and pollution drive the need for effective water treatment solutions. These pumps are essential for handling various fluid viscosities and ensuring precise flow control in treatment processes. Industrial expansion, urbanization, and stringent environmental regulations further boost demand. Additionally, heightened wastewater treatment initiatives to meet environmental standards have increased the adoption of positive displacement pumps, making them vital in modern water treatment plants.
Report Attribute | Details |
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Base Year: | 2023 |
Positive Displacement Pumps Market Size in 2023: | USD 17.58 Billion |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 3.3% |
2024 – 2032 Value Projection: | USD 23.58 Billion |
Historical Data for: | 2018 –2023 |
No. of Pages: | 161 |
Tables, Charts & Figures: | 232 |
Segments covered: | by type, by end user, by capacity, operating pressure, application, distribution channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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The positive displacement pumps market faces high maintenance costs. These pumps, known for their precision and ability to handle thick fluids, often work under tough conditions, causing wear and tear. Regular maintenance is necessary to keep them running well and avoid downtime, but the costs for parts, labor, and downtime can be high. New manufacturers face challenges from established brands with loyal customers and extensive networks. Increased competition and market saturation reduce profit margins and make product differentiation difficult.
In the positive displacement industry, there is a growing focus on energy efficient pumps which is the driving business expansion. More industries are using high-efficiency motors and variable frequency drives (VFDs) to optimize pump performance and reduce energy use. This trend is due to stricter global energy efficiency regulations. Additionally, industries are focusing on sustainability, increasing the demand for pumps that lower operational costs through reduced energy consumption. Manufacturers are responding by creating advanced pump designs and adding smart technologies to improve energy efficiency, meeting both regulatory requirements and industry demands for greener operations.
Based on type, the rotary type of segment accounting for a revenue of USD 9.59 billion in 2023 and is expected to reach at 12.59 billion in 2032. Rotary pumps dominate the global positive displacement pump market due to their efficiency and versatility. They handle various fluids, including those with different viscosities and abrasive particles. Known for their reliability and durability, rotary pumps perform well in demanding conditions, making them ideal for heavy-duty applications. Their ability to provide accurate and stable flow rates is crucial for industries like chemical processing and water treatment.
Additionally, rotary pumps require less maintenance, reducing operational costs and downtime. Technological advancements, such as improved sealing technologies and durable materials, enhance their performance and broaden their application range, solidifying their market dominance.
Based on end user, the oil and gas segment held a leading market share of 41% in 2023 and is anticipated to grow at a CAGR of 3.1% during 2024 to 2032. In the oil and gas sector there is a requirement for reliable and durable pumps for harsh environments and high-viscosity fluids. These pumps are essential for operations like enhanced oil recovery, where precise fluid control is crucial. The extensive infrastructure for exploration, production, and refining drives high demands for these pumps, which are used at various stages.
Additionally, the industry's focus on improving efficiency and reducing downtime makes these pumps an ideal choice. The ongoing need to replace or upgrade aging infrastructure further supports the use of positive displacement pumps in the oil & gas sector.
The Asia Pacific positive displacement pumps market was worth over USD 8.74 billion in 203 and is expected to cross USD 12.21 billion by 2032, due to rapid industrialization and extensive infrastructure development. Fast growth in sectors like oil & gas, water treatment, and manufacturing drives significant demand for reliable pumping solutions.
Additionally, urbanization and large-scale projects in China and India further boost this demand, along with expanding oil & gas activities that need high-performance pumps. Investments in water and wastewater treatment facilities, aimed at addressing water scarcity and pollution, also support market growth. Government initiatives and substantial investments in infrastructure and industrial efficiency reinforce the region's leading position in the global market.
North America: The U.S. dominated the positive displacement pumps market with a revenue of around USD 2.89 billion in 2023 and is expected to grow at a CAGR of 3% through 2032. In the U.S., the growth of oil production and exploration activities is increasing the demand for durable positive displacement pumps. Additionally, significant investments in water and wastewater infrastructure upgrades are driving market growth by requiring efficient and reliable pumping solutions.
Europe: Germany positive displacement pumps market accounted for a market share of 28.25% in 2023 and is anticipated to grow at CAGR of 3.2% up to 2032, due to strong industrial activity and strict environmental regulations. Investments in advanced manufacturing, chemical processing, and water and wastewater infrastructure drive this growth. Germany's focus on innovation and sustainability also supports market expansion.
Asia pacific: China accounted for a market share of 39.38% in 2023 and is anticipated to grow at a CAGR of 4.8% through 2032. In China, rapid industrialization, large infrastructure projects, and significant investments in the oil & gas and chemical processing sectors drive the positive displacement pumps industry. Additionally, China's focus on improving water and wastewater infrastructure increases the demand for efficient and durable pumping solutions.
In 2023, dominant market players, including Xylem Inc, Ebara Corporation, The Flowserve Corporation, Gardner Denver, SPX Flow Inc. and Wilo SE. The top companies collectively hold a substantial 10%-15% market share. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research and development to improve their positive displacement pumps and incorporate new technologies, allowing them to stay ahead of the competition.
Major players operating in the positive displacement pumps industry include:
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Market, By Type
Market, By End Users
Market, By Capacity
Market, By Operating Pressure
Market, By Application
Market, By Distribution Channel
The above information is provided for the following regions and countries: