Positive Displacement Pumps Market Size & Share, By Type (Rotary, Reciprocating), End-use (Agriculture, Power Generation, Oil & Gas, Chemical), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Market Outlook:

Positive Displacement Pumps Market surpassed USD 19.44 Billion in 2023 and is expected to exceed USD 27.86 Billion by end of the year 2032, witnessing more than 4.9% CAGR between 2024 and 2032.

• Base Year Value (2023): USD 19.44 Billion
• CAGR (2024-2032): 4.9%
• Forecast Year Value (2032): USD 27.86 Billion
• Historical Data Period: 2019-2023
• Largest Region: Asia Pacific
• Forecast Period: 2024-2032

Market Dynamics:

Growth Drivers & Opportunity:

Positive Displacement Pumps Market is expected to witness significant growth due to increasing demand from industries such as oil & gas, water & wastewater treatment, and manufacturing. The growing emphasis on energy efficiency and the adoption of advanced technologies in pumps is also expected to drive market growth. Additionally, the rising investments in infrastructure development projects across emerging economies will further fuel the demand for positive displacement pumps.

Report Scope

Report Coverage	Details
Segments Covered	Type, End-Use
Regions Covered	• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company Profiled	Ingersoll Rand, SPX Flow, Alfa Laval, Viking Pump, Grundfos, IDEX Corp., Schlumberger., Weir Group PLC, KSB Group, Sulzer., HERMETIC-Pumpen, Flowserve Corp., Dover Corp., Goulds Pumps, Moyno, Netzsch Pumps, Blackmer, Wilden Pump & Engineering Company, PCM Pumps, SEEPEX

Industry Restraints:

On the other hand, the high initial costs associated with positive displacement pumps and the need for regular maintenance and servicing are expected to restrain market growth. Moreover, the availability of alternative pumping technologies that offer higher efficiency and reliability may pose a challenge to the growth of the positive displacement pumps market.

Regional Forecast:

1. North America: The Positive Displacement Pumps market in North America, specifically the U.S. and Canada, is expected to witness significant growth due to the presence of key industry players and increasing investments in water and wastewater treatment infrastructure.

2. Asia Pacific: In countries like China, Japan, and South Korea, the Positive Displacement Pumps market is projected to experience robust growth driven by rapid industrialization, urbanization, and government initiatives to improve water quality and supply.

3. Europe: The Positive Displacement Pumps market in Europe, including the United Kingdom, Germany, and France, is likely to show steady growth owing to stringent regulations related to environmental protection, along with the growing demand for energy-efficient pumping solutions.

Segmentation Analysis:

In terms of segmentation, the global positive displacement pumps market is analyzed on the basis of Type, End-Use

Positive Displacement Pumps Market

Rotary Positive Displacement Pumps:

The rotary positive displacement pumps segment is expected to witness significant growth in the coming years. These pumps are widely used in various industries such as oil & gas, chemical, and power generation. The increasing demand for rotary positive displacement pumps can be attributed to their ability to handle high viscosity fluids and provide a consistent flow rate. Additionally, advancements in pump technology have led to increased efficiency and reliability of rotary positive displacement pumps.

Reciprocating Positive Displacement Pumps:

The reciprocating positive displacement pumps segment is also anticipated to show steady growth during the forecast period. These pumps are commonly used in applications where high pressure and accuracy are required, such as in the agriculture sector for irrigation purposes. The growing need for precision and control in fluid handling processes is driving the demand for reciprocating positive displacement pumps. Moreover, the versatile nature of reciprocating pumps makes them suitable for a wide range of industries, including oil & gas and chemical.

End-use Analysis:

Agriculture:

The agriculture sector is a key end-user of positive displacement pumps, particularly in the form of reciprocating pumps for irrigation purposes. These pumps play a crucial role in ensuring a consistent and reliable water supply to farmlands, thereby enhancing crop productivity. With the increasing adoption of modern agricultural practices and the need for efficient water management, the demand for positive displacement pumps in the agriculture sector is expected to grow significantly.

Power Generation:

Positive displacement pumps are widely used in the power generation sector for fluid transfer and cooling applications. Rotary positive displacement pumps are commonly employed in power plants to handle viscous fluids and maintain a steady flow rate. The growth of the power generation industry, coupled with the need for reliable pumping solutions, is driving the demand for positive displacement pumps in this sector.

Oil & Gas:

In the oil & gas industry, positive displacement pumps are utilized for various applications such as crude oil transfer, well drilling, and hydraulic fracturing. Both rotary and reciprocating positive displacement pumps play a vital role in ensuring efficient operations in the oil & gas sector. The increasing exploration and production activities in the oil & gas industry are expected to fuel the demand for positive displacement pumps in the coming years.

Chemical:

The chemical industry relies heavily on positive displacement pumps for the handling of corrosive and abrasive fluids. Reciprocating pumps, in particular, are widely used in chemical processing plants for metering and dosing applications. With the growing focus on process efficiency and safety in the chemical sector, the demand for positive displacement pumps is projected to increase. Additionally, advancements in pump technology and materials have further enhanced the performance and reliability of positive displacement pumps in chemical applications.

Competitive Landscape:

The competitive landscape in the Positive Displacement Pumps Market is highly segmented with numerous key players competing for market share. Some of the top companies operating in the Positive Displacement Pumps Market include:

- Xylem Inc.

- Sulzer Ltd.

- Grundfos Holding A/S

- Flowserve Corporation

- Watson-Marlow Fluid Technology Group

- Dover Corporation

- SPX Flow Inc.

- Colfax Corporation

- Graco Inc.

- IDEX Corporation