Positive Displacement Pumps (PDP) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Positive Displacement Pumps (PDP) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Positive Displacement Pumps Market

The positive displacement pumps market size was valued at USD 6.90 billion in 2019, and the market is now projected to grow from USD 6.90 billion in 2019 to USD 15.72 billion by 2032, exhibiting a CAGR of 6.91% during the forecast period of 2019-2032.

Positive displacement pumps (PDPs) are broadly used in various industries due to their high operational efficiency and low protection necessities. They are particularly popular in mining operations because of their potential to lessen abrasive put on and tear. PDPs additionally provide large electricity savings and are best for dewatering and pumping solid-content fluids. They also are popular in strength generation stations because of their economic budget operation, various strain output, reliability, and most efficient displacement layout.

Industry players are specializing in cease-to-give up pump tracking to lessen thing failure chance. They combine technology like sensors, Wi-Fi, data analytics, and advanced variable frequency drives to screen temperature, vibration, glide rate, and fluid motion. These solutions permit predictive evaluation, device life cycle assessment, performance indication, and prevent unplanned downtime, making sure a more secure facility.

Comprehensive Analysis of Positive Displacement Pumps Market

Positive displacement pumps (PDP) market is divided into three types: reciprocating, rotary, and peristaltic. The reciprocating type is expected to lead the market due to its extensive features and wide range of applications. Rotary pumps offer minimal fluid leakage and fixed casing sizes for high viscous fluids like oil and slurries at high pressures. Peristaltic pumps use the movement of surrounding walls to transfer mechanical energy to the pumping fluid, offering advantages like less cavitation problems and smooth surface contact. The market can be divided into water & wastewater, mining, oil & gas, chemicals, power generation, and food & beverage. Oil & gas is expected to shape market trends due to increasing expenditures on E&P activities and discoveries of new high-potential reserves. Chemicals are expected to witness significant growth due to the constant demand for chemical products and rising construction of chemical plants.

The Asia Pacific region lead the positive displacement pumps market share by benefitting a market size of USD 2.09 billion in 2019 due to increasing hydrocarbon activities and energy demand. Major countries in the region include India, China, Australia, Japan, and Southeast Asia.

Key businesses in the high-quality displacement pumps market encompass Weir Group PLC, Atlas Copco, GRUNDFOS, Flowserve Corporation, Sulzer, Xylem, SPX FLOW Inc., Lakeside Equipment Corporation, Alfa Laval, Dorover Corporation, Pentair, and Surumi Pump. These groups are specializing in enhancing their strategic partnerships and launching new products to strengthen their positive displacement pumps market growth. They also are increasing their product portfolios through introducing excessive-energy, greater efficient pump units to growth their applicability in numerous commercial verticals.

Anderson Process, a main dealer of procedure system, has received Ohio-based totally Premier Pump Inc. In June 2021. The acquisition will enable Anderson Process to supply a number procedure system, together with pumps and filtration, to a Midwest-primarily based corporation.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2016-2027

Base Year 2019

Forecast Period 2020-2027

Historical Period 2016-2018

Unit Value (USD Billion)

SegmentationBy Type

Reciprocating Pumps

Rotary Pumps

Peristaltic Pumps

By End-User

Water & Wastewater

Mining

Oil & Gas

Chemicals

Power Generation

Food & Beverage

Others

By Region

North America (U.S. and Canada)

Europe (UK, Germany, France, Italy, Russia, and Rest of Europe)

Asia Pacific (China, India, Japan, Australia, Southeast Asia, and Rest of Asia Pacific)

Middle East & Africa (South Africa, GCC, and Rest of Middle East & Africa)

Latin America (Brazil, Mexico, and Rest of Latin America)


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