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Single Stage Regenerative Turbine Pump Market Size
Single Stage Regenerative Turbine Pump Market was valued at USD 191.9 million in 2023 and is estimated to grow at a CAGR of 7.3% between 2024 and 2032. The thriving HVAC industry driven by the expanding construction sector and the growing focus on energy-efficient buildings will bolster the business growth.
A single stage regenerative turbine pump is a type of kinetic pump that excels in generating high pressures at relatively low flow rates. Its design incorporates a rotating impeller with numerous small blades along its periphery, which is surrounded by a circular channel within the pump casing. As fluid enters the pump, the impeller imparts kinetic energy to the fluid, which is repeatedly recirculated within the peripheral channel, progressively increasing its energy and pressure. This regenerative process allows the pump to achieve higher pressures compared to other centrifugal pumps of similar size.
Report Attributes | Details |
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Base Year: | 2023 |
Market Size in 2023: | USD 191.9 Million |
Forecast Period: | 2024 to 2032 |
Forecast Period 2024 to 2032 CAGR: | 7.3% |
2032 Value Projection: | USD 353.6 Million |
Historical Data for: | 2021 to 2023 |
No. of Pages: | 140 |
Tables, Charts & Figures: | 50 |
Segments covered: | Priming, Capacity, Application & Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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Single Stage Regenerative Turbine Pump Market Trends
Increasing investments in infrastructure development projects including wastewater treatment plants and power generation facilities, driven by rapid industrialization and urbanization in emerging economies, will contribute to a favorable industry outlook. The demand for these units will be further boosted by their efficient design, minimized flow interruption, and capacity to handle high gas volumes, making them suitable for a wide range of applications.
Single Stage Regenerative Turbine Pump Market Analysis
The 10 GPM - 30 GPM single stage regenerative turbine pump industry will exceed over USD 150 million by 2032. Growth in the semiconductor industry along with increasing demand for specific fluid circulation systems will drive the product adoption. The incorporation of advanced automation and control systems enables remote monitoring, diagnostics, and enhanced operational efficiency, thereby creating a positive business environment. The increasing preference for compact & space-saving designs along with an emphasis on product customization, will promote the deployment of these units.
The agriculture regenerative turbine pump market size will witness a growth rate of over 7% through 2032. These pumps are favored for their high efficiency, reliability, and ability to handle varying water levels and pressures making them ideal for agricultural applications. Increasing investments in agricultural infrastructure along with growing focus on water conservation will further augment the industry landscape. The rising demand for retrofit and replacement solutions driven by technological advancements will further accelerate the product adoption.
Asia Pacific single stage regenerative turbine pump market is set to surpass USD 160 million by 2032. The expanding application of industrial heating systems owing to their ability to handle high temperatures and deliver precise water flow at elevated pressures will drive the industry growth. The growth of the oil & gas industry along with the rising demand for high-efficiency motors, will further support the business trend. Additionally, the increasing use of smart pumping solutions for water supply and pressure boosting systems in high-rise buildings and skyscrapers will positively impact industry dynamics.
Increasing investments in infrastructure projects along with rising emphasis on sustainable water management practices will escalate the U.S. market for single stage regenerative turbine pump. The adoption of geothermal heating and cooling systems, along with increasing investments in renewable energy projects, will play a crucial role in driving product adoption. The growth of mining dewatering applications coupled with the integration of advanced control systems, will enhance the business landscape.
Single Stage Regenerative Turbine Pump Market Share
Corken specializes in the manufacturing of high-quality regenerative turbine pumps renowned for their reliability and efficiency in handling a variety of challenging fluids. These pumps are uniquely designed to manage low-flow, high-head applications, making them ideal for transferring volatile hydrocarbons, liquefied gases, and other difficult-to-handle liquids. Corken’s pumps are extensively utilized across multiple industries, including chemical processing, petroleum refining, and industrial gas applications, where precision and durability are paramount. The company’s commitment to innovation and customer satisfaction has established it as a trusted provider of advanced fluid handling solutions, ensuring optimal performance and safety in demanding operational environments.
Single Stage Regenerative Turbine Pump Market Companies
Eminent players operating in the single stage regenerative turbine pump industry include:
- Corken
- Crane Pumps & Systems
- Dean Pump
- Grundfos
- ITT INC.
- Iwaki America
- Magnatex Pumps
- MTH Pumps
- Pentair
- Nikuni Corporation
- PSG
- Patterson Pump Company
- Pumpen Verkaufsgesellschaft GmbH
- RICHTER CHEMICAL TECHNOLOGY GMBH
- Roth Pump Co.
- TEIKOKU ELECTRIC MFG. CO.
- SPECK
- Sterling Pumps
- Viking Pump
- Xylem
Single Stage Regenerative Turbine Pump Industry News
- In February 2024, ITT has entered into a three-year agreement to supply API-610 pump systems, related products and the engineering services to ExxonMobil, one of the leading energy and petrochemical companies. The contract includes a minimum contract commitment of USD 50 million, with the potential to generate up to USD 80 million in revenue over its duration. This represents the one of the largest single agreements ever awarded to Goulds Pumps and ITT.
- In September 2023, Grundfos has revealed a significant new partnership with the renowned German renewable energy company ABO Wind. This strategic collaboration will enable Grundfos to source approximately 80% of its European power consumption from renewable energy. As a result, the company is set to achieve its goal of reducing Scope 1 and 2 greenhouse gas emissions by over 50% by 2025, well ahead of its original 2030 target. Through this partnership, Grundfos will receive clean and green energy from a wind farm.
This single stage regenerative turbine pump market research report includes in-depth coverage of the industry with estimates & forecast in terms of “000 Units” & “USD Million” from 2021 to 2032, for the following segments:
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Market, By Priming
- Self Priming
- Non Self Priming
Market, By Capacity
- < 10 GPM
- 10 - 30 GPM
- 30 - 60 GPM
- > 60 GPM
Market, By Application
- Agriculture
- Chemical Plants
- Building & Construction
- Water & Wastewater
- Industrial
- Oil & Gas
- Others
The above information has been provided for the following regions and country:
- North America
- U.S.
- Canada
- Mexico
- Europe
- Austria
- France
- Germany
- UK
- Italy
- Spain
- Norway
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Middle East & Africa
- Saudi Arabia
- UAE
- Oman
- South Africa
- Turkey
- Iran
- Oman
- Latin America
- Brazil
- Argentina
- Peru
Frequently Asked Questions (FAQ) :