Expert Market Research’s new report titled, ‘Global Positive Displacement Pumps Market Report and Forecast 2021-2026’, gives an in-depth analysis of the global Positive Displacement Pumps market, assessing the market based on its segments such as product type, capacity, pump characteristics, raw material, end use and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
Note 1: For an overview of primary and secondary market data (2016-2026), along with business strategies and detailed market segmentation, please click on the sample demand report. The sample report will be delivered to you within 24 hours.
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Key highlights of the report include:
Market Overview (2016-2026):-
- Historical market size (2020): 12 billion USD
- Forecast CAGR (2021-2026): 5%
- Forecast market size (2026): 15.9 billion USD
The positive displacement pumps market is driven by factors such as growing environmental awareness, soaring costs and dwindling resources. Many water-dependent industries install water treatment systems to improve efficiency, increase profitability and maintain the sustainability of their operations. Additionally, increased activity in the oil and gas industry following the recession is driving the demand for positive displacement pumps, especially in North America. During the forecast period, however, rising raw material costs and maintenance issues for positive displacement pumps are expected to restrain the market.
Industry definition and major segments
Positive displacement (PD) pumps, also known as constant flow machines, are used to move fluid from the inlet pressure portion to the discharge channel. They help maintain a constant liquid flow regardless of back pressure. Positive displacement pumps, unlike conventional centrifugal pumps, ensure that fluid advances at a constant rate regardless of pressure.
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On the basis of product type, the global positive displacement pumps market is segmented into:
- Rotary pumps
- To screw
- Progressive Cavity (PC)
- Reciprocating pumps
On the basis of capacity, the industry is segmented into:
- Low capacity pumps
- Medium capacity pumps
- High capacity pumps
Based on the characteristics of the pump, the industry is divided into:
- Standard pumps
- Technical pumps
- Special purpose pumps
The different raw materials available in the industry are:
- Stainless steel
The product finds end use in various sectors such as:
- oil and gas
- Water and wastewater
- Chemicals and Petrochemicals
Based on Region, the market is segmented into:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Increased demand from the wastewater treatment industry necessitates adequate and timely testing and monitoring due to comprehensive regulatory controls for newly discovered contaminants. Water scarcity is still a major concern and desalination technology is still expensive, so wastewater treatment is becoming increasingly important to meet the demand for clean and safe drinking water. During low flow/high head operation, reciprocating pumps can be more than 90% efficient, while centrifugal pumps can only be 40% efficient. As a result, a piston pump helps end users save a significant amount of energy. High pressure blasting, seawater reverse osmosis, washing and cutting, mine dewatering, metal scaling, hydraulic charging, hydrostatic examination, chemical treatment and pressure mixing are just a few of the industrial applications of these pumps. Asia-Pacific countries, such as India and China, are experiencing an increase in industrial activity, which is increasing the demand for crude oil, chemicals, and pharmaceuticals, among others. Due to China’s rapid industrialization and economic development in the past, the market studied has experienced significant growth. The strong industrial infrastructure of the country offers many opportunities for the positive displacement pump industry.
Main market players
Major players in the market are Flowserve Corporation, Grundfos Pumps Pty. Ltd, ITT Inc., KSB SE & Co. KGaA, ALFA Laval, Schlumberger Limited, among others. The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the globe, our analysts are continuously monitoring the impact of this rapidly evolving situation on markets and consumer buying behaviors. Thus, our latest estimates and analysis on current market trends and forecasts will comprehensively reflect the effects of this emerging pandemic.
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