Rotary Pumps Market Size & Share, By Type (Screw Pump, Gear Pump), End-use (Chemical, Oil & Gas, Power Generation, Agriculture), Region (Asia Pacific, Europe), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Market Outlook:

Rotary Pumps Market was over USD 11.02 Billion in 2023 and is expected to surpass USD 15.65 Billion by end of the year 2032, growing at over 4.8% CAGR between 2024 and 2032.

• Base Year Value (2023): USD 11.02 Billion
• CAGR (2024-2032): 4.8%
• Forecast Year Value (2032): USD 15.65 Billion
• Historical Data Period: 2019-2023
• Largest Region: Asia Pacific
• Forecast Period: 2024-2032

Market Dynamics:

Growth Drivers & Opportunity:

Increasing demand for efficient pumping solutions in industries such as oil & gas, chemical, and water & wastewater is projected to drive the growth of the rotary pumps market. Additionally, advancements in technology leading to the development of energy-efficient and low-maintenance rotary pumps are expected to further fuel market growth. Furthermore, the expanding industrial infrastructure in emerging economies is creating new opportunities for market players to expand their presence and increase their market share.

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	Atlas Copco AB, Dover Corp., Xylem, Colfax Corp., IDEX, Flowverse Corp., KSB SE & Co. KGaA, HMS Group, Pentair., SPX Flow, Alfa Laval, Gardner Denver, ITT INC., Roper Technologies, Schlumberger.

Industry Restraints:

On the other hand, the high initial cost associated with rotary pumps is anticipated to be a major restraint for market growth. This factor may hinder the adoption of rotary pumps, especially among small and medium enterprises with budget constraints. Furthermore, the stringent regulatory requirements related to the use of rotary pumps in certain industries may also pose a challenge for market players, limiting their expansion opportunities.

Regional Forecast:

North America:

The rotary pumps market in North America is expected to witness steady growth due to the presence of key economies such as the U.S. and Canada. The U.S. is anticipated to lead the market in terms of revenue generation, driven by increasing demand for rotary pumps in various industries such as oil & gas, chemical, and manufacturing. Moreover, the presence of established manufacturers in the region is expected to further boost market growth.

Asia Pacific:

In Asia Pacific, countries like China, Japan, and South Korea are expected to be major contributors to the growth of the rotary pumps market. China, in particular, is projected to witness significant growth owing to rapid industrialization and infrastructure development in the country. Japan and South Korea are also anticipated to drive market growth due to the presence of a strong manufacturing sector and increasing investments in research and development activities.

Europe:

In Europe, countries like the United Kingdom, Germany, and France are expected to witness significant growth in the rotary pumps market. Germany, in particular, is anticipated to lead the market in the region, driven by the presence of a well-established manufacturing sector and the adoption of advanced technologies. The United Kingdom and France are also projected to contribute to market growth, supported by increasing demand for rotary pumps in various industries such as automotive, pharmaceutical, and food & beverage.

Segmentation Analysis:

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

Type of Rotary Pumps Market:

Screw Pump - The screw pump segment of the rotary pumps market is expected to witness significant growth in the coming years. Screw pumps are known for their high efficiency and ability to handle a wide range of viscosities, making them ideal for applications in industries such as oil & gas and chemicals.

Gear Pump - The gear pump segment of the rotary pumps market is also expected to grow steadily, driven by the increasing demand for precise and reliable pumping solutions in industries such as power generation and agriculture. Gear pumps are known for their simplicity and reliability, making them popular for a wide range of applications.

End-use of Rotary Pumps Market:

Chemical - The chemical industry is a key end-use segment for rotary pumps, as the pumps are widely used for processes such as chemical transfer, mixing, and circulation. The increasing demand for specialty chemicals and the need for precise pumping solutions are driving the growth of rotary pumps in the chemical industry.

Oil & Gas - The oil & gas industry is another important end-use segment for rotary pumps, with a wide range of applications including crude oil transfer, refining, and pipeline transportation. The demand for efficient and reliable pumping solutions in the oil & gas sector is expected to drive the growth of the rotary pumps market in this segment.

Power Generation - Rotary pumps are also widely used in the power generation industry for applications such as boiler feedwater pumping, cooling water circulation, and fuel oil transfer. The increasing focus on energy efficiency and the need for reliable pumping solutions in power plants are expected to drive the growth of rotary pumps in the power generation segment.

Agriculture - The agriculture industry is a significant end-use segment for rotary pumps, with applications including irrigation, crop spraying, and livestock feeding. The ability of rotary pumps to handle a wide range of fluids and viscosities makes them ideal for the diverse pumping needs of the agriculture industry.

Competitive Landscape:

Top Market Players:

1. Xylem Inc.

2. SPX Flow

3. Flowserve Corporation

4. Colfax Corporation

5. Sulzer Ltd.

6. ITT Corporation

7. KSB SE & Co. KGaA

8. Gardner Denver Holdings Inc.

9. Ebara Corporation

10. Weir Group PLC

The competitive landscape in the Rotary Pumps Market is characterized by intense rivalry among key market players, with companies constantly striving to innovate and improve their product offerings to maintain a competitive edge. Market players compete based on factors such as price, quality, product differentiation, and distribution network. Additionally, partnerships, mergers, and acquisitions are common strategies employed by companies to enhance their market presence and expand their customer base.