Positive Displacement Pump Market

2021 Analysis and Review: Positive Displacement Pump Market by Product Type – Reciprocating and Rotary for 2021 – 2031

Key Highlights from Report

  • Which Is the Highest Grossing Positive Displacement Pump Market?  

    Germany currently leads the Europe market, with its valuation expected to reach US$ 153.0 Mn by 2031. Besides this, the U.S. has emerged as a leading market, dominating sales in North America.

  • Which is the Top-selling Positive Displacement Pump Type?

    Reciprocating pumps will remain the top-selling product category in the market, accounting for over 66% of revenue generated by the end of 2031. This can be attributed to the rising application of these pumps in many end-use industries including oil and gas and power.

  • Who are Some of the Leading Companies Producing Positive Displacement Pumps?

    Some of the leading companies manufacturing positive displacement pump are Xylem Inc., Ebara Corp., Sulzer AG, KSB Group, Wier Group, Flowserve Corporation, and others. As per FMI, over 73% of the market share is currently covered by the top 10 players.

  • What is the Leading Application of Positive Displacement Pumps? 

    Positive displacement pumps are widely used in the oil and gas industry for pumping shale gas through refinery facilities, generating a revenue share of US$ 698.4 Mn by 2031

Key Points Covered in Positive Displacement Pump Market Study

  • Market estimates and forecast 2016-2031
  • Key drivers and restraints impacting market growth
  • Segment-wise, Country-wise, and Region-wise Analysis
  • Competition Mapping and Benchmarking
  • Brand share and Market Share Analysis
  • Key Product Innovations and Regulatory Climate
  • COVID-19 Impact on Positive Displacement Pumps and How to Navigate
  • Recommendation on Key Winning Strategies

2016-2020 Positive Displacement Pump Market Outlook Compared to 2021-2031 Forecast

Rising demand for deployment in the oil and gas and chemical industry owing to functionality in transferring highly-viscous liquids has been driving the positive displacement pump market, which registered 3.3% CAGR during 2016-2020.

Positive displacement pumps are used to transfer fluids in inter and intra facilities. Over the years, the market has developed in terms of innovations in material and design. Companies introduced products which can withstand significantly higher levels of pressure, with advances in material sciences.

The food and beverage industry requires food grade pumps and therefore, companies introduced new pumps which adhere to the standards provided by bodies such as the Bureau of Food Standards.

Chemical industry applications on the other hand, have resulted in the development of offerings to handle fluids without chemical reactions to pump materials. Positive displacement pumps can move higher viscosity fluids with ease.

The technology has proven comparably effective in the chemical plant environment, with similar setups costing as lesser for end users. According to the FMI analysis, the market is expected to rise at a 3.9% CAGR between 2021 and 2031

What is the Commercial Potential of Positive Displacement Pumps?

Positive displacement pumps are widely used to pump viscous fluids like oil, paints, resins, and foods. They are favored in any application that necessitates precise dosing or high-pressure outputs.

These pumps have largely found use in the oil and gas industry. Positive displacement pumps, unlike centrifugal pumps, are not influenced by pressure, so they are also favored in situations where supply is intermittent. Most pumps are self-primed supports adoption.

Positive displacement pumps have been extensively used in chemical manufacturing industries where the amount of fluid sent must adhere to specific guidelines and quantities.

A positive displacement pump is beneficial to many producers, including those in the food and beverage, personal care, cosmetics, dairy, and meat processing sectors. These pumps in the food and beverage sector are designed to hold consistent fluid volumes including juices, fats, grease, gelatin, mayonnaise, sugar, creams, milk products, automotive paint, and polymers.

What Is the Impact Of the COVID-19 Crisis on the Positive Displacement Pump Market?

Owing to the ongoing crisis caused by the COVID-19 pandemic, production and supply chain activities witnessed a slump in 2020. On the other hand, sales are likely to improve with economic recovery in the post-pandemic period.

On the other hand, efforts by governments of secure water supplies and sewage water have generated key opportunities. This encourages the use of biological wastewater treatment systems, thereby generating demand from the water and wastewater industry in the near future.

Despite the challenges arising from the crisis, economies are gradually recovering through 2021. As supply and distribution networks recover, company operations have started to expand steadily. In light of this, the pandemic is unlikely to have a long-term effect on the demand for positive displacement pumps.

Country-wise Insights

Is Germany a Lucrative Market for Positive Displacement Pumps?

Europe is predicted to remain one of the most attractive regional markets during the forecast period, according to Future Market Insights. As per the study, Germany is expected to account for over 20% of the Europe market through 2031.

There are many small to medium enterprises in the country which manufacture pumps for myriad end use applications, and is a key reason why such high value share is projected for the country.

The industries like chemical production and water & wastewater in Germany create notable demand for these pumps. Germany is also the largest exporter of positive displacement pumps according to the FMI report.

What’s the Outlook on the U.S. for Positive Displacement Pumps?

Demand in the U.S. market is expected to rise at over 3% CAGR over the forecast period. The U.S. market is backed by a matured oil and gas industry which is largely supported by the government.

Consequently, the country is also the biggest importer of positive displacement pumps. There are numerous oil rigs and crude oil sources in the country which account for such significant demand.

The chemical industry is another field of application which generates high figures of revenue in the positive displacement pump market of the U.S.

What Factors Drive Positive Displacement Pump Sales in India?

India is one of the world’s leading countries in the manufacturing sector. By 2031, it is expected to account for over 31% of the positive displacement pump sales within the South Asia & Pacific region.

There are various end use industries in India which are responsible of demand. Chemical, pharmaceutical, food & beverage, paper & pulp, and sewage treatment plants are some of the more lucrative industries for manufacturers.

The water and wastewater segment of the market has seen much demand during 2016 - 2020 owing to the Swatch Bharat Abhiyan initiative by the Indian government in 2014. The country is amongst the largest manufacturing hubs in the region after China.

Why are GCC Countries Emerging as Lucrative Markets for Positive Displacement Pumps?

In 2021, GCC countries will account for over 43% of all sales in the Middle East & Africa region. In the year 2020, it accounted for over two fifth of the market. Major imports for positive displacement pumps have been observed prior to the pandemic in UAE, Iraq, Oman, Bahrain and Qatar.

The region is home to numerous oil reserves and refineries which accounts for the requirements of positive displacement pumps. The region also has seen steady growth in investment and implementation of new projects to boost upstream production and downstream processing. According to the U.S. Energy Information Administration (EIA), the Middle East holds about 49% of the estimated global oil reserves and 40% of known gas reserves.

Saudi Arabia has the most oil reserves of any country (16.2 percent). Iran, on the other hand, has the most gas deposits (17.3 percent), which creates a conducive environment for market players.

What’s the Outlook on the China Positive Displacement Pump Market?

China in the East Asia region, is the largest manufacturer and exporter of positive displacement pumps. The country is anticipated to show a CAGR over 3.5% during the coming decade.

China being the manufacturing hub of Asia, accounts for higher sales. The presence of numerous end use facilities including oil and gas, paper and pulp, and power generation will drive the sales of positive displacement pumps in the forecast period 2021-2031.

Category-wise Insights

Which is the Key Application of Positive Displacement Pumps?

Applications of positive displacement pumps in the oil & gas sector holds the lead, accounting for nearly 22% of the market in 2021. The ability of positive displacement pumps to work with various fluid viscosities has been generating attractive prospects.

These pumps can move liquefied gases and other water-like liquids with ease. These pumps also have found use on almost every gas-station around the globe owing to its property to transfer fluids without losing the rate of transfer regardless of inlet pressure.

Which Product Type Will Hold Dominant Market Share?

Leading market players are exhibiting higher interest towards reciprocating pump products. Manufacturers are focusing on advancements in these devices, thereby boosting sales across regions.

Reciprocal positive displacement pumps are often used in systems where low-flow speeds have to be maintained against high resistance for high viscosity and heavy fluids.

Water and wastewater facilities drive demand owing to the heavy and viscous nature of sludge and slurry. The market for reciprocating pumps will account for more than 66% in 2031.

Competitive Landscape

Companies operating in the positive displacement pump market are aiming to launch new products and are focusing on strategic partnerships with other manufacturers to expand their product portfolios.

  • For instance, in, November 2020, WILO announced the opening of its new U.S. headquarters in Cedarburg, Wisconsin.
  • In April 2021, Xylem Inc., forged a partnership with Esri, the global leader in location intelligence. The two companies serve utilities around the world. Working together, the two companies will pursue joint technical road mapping, solution development, joint marketing and collaborative selling.
  • In May 2021, CDI Energy Products announced the development and launch of its newest proprietary thermoplastic polymer composite material aimed towards application in centrifugal and positive displacement pumps.

Some of the leading companies operating in the market are:

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report.

Scope of Report

Attribute

Details

Forecast Period

2021-2031

Historical Data Available for

2016-2020

Market Analysis

USD Million for Value

Key Regions Covered

North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa

Key Countries Covered

US, Canada, Germany, U.K., France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Turkey, Northern Africa, and South Africa

Key Segments Covered

Product type, Application and Region

Key Companies Profiled

  • Ebara Corporation
  • Xylem Inc.
  • Sulzer AG
  • Flowserve Corporation
  • Grundfos
  • Wier Group
  • KSB Group

Report Coverage

Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Customization & Pricing

Available upon Request

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Positive Displacement Pump Market by Category

By Product Type:

  • Reciprocating Pump
    • Low Capacity
    • Medium Capacity
    • High Capacity
  • Rotary Pump
    • Low Capacity
    • Medium Capacity
    • High Capacity

By Application Type:

  • Oil & Gas
  • Chemical
  • Water & Wastewater
  • Pulp & Paper
  • Power
  • Others

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Pacific
  • Middle East and Africa (MEA)

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