According to our (Global Info Research) latest study, the global API 610 Centrifugal Pumps market size was valued at US$ 1266 million in 2024 and is forecast to a readjusted size of USD 1614 million by 2031 with a CAGR of 3.6% during review period.
API 610 Centrifugal Pump is the API 610 standard or ISO 13709 standard centrifugal pumps and is primarily intended for use in the petroleum, natural gas and chemical industries. As ISO 13709 is identical to and is fundamentally an adoption of API 610
The API 610 pump market is dominated by key players such as Flowserve, KSB, Sulzer, Ruhrpumpen, Trillium Flow Technologies, and Sundyne, etc. The top 5 players accounting for about 50% of the market share. These manufacturers offer various types of pumps, including vertical and horizontal configurations, suited for different industrial needs.
Due to the essential role that API 610 centrifugal pumps play in these industries, manufacturers have tailored their designs to enhance performance in these specific markets, leading to a range of pump types and configurations. Additionally, API 610 centrifugal pumps have become integral components in not only upstream oil and gas operations but also in downstream refining, petrochemical production, and chemical processing plants. The growth of industries reliant on heavy-duty fluid handling solutions continues to shape the global market for API 610 centrifugal pumps.
Market Drivers for API 610 Centrifugal Pumps:
Several factors contribute to the steady growth and increasing demand for API 610 centrifugal pumps. These drivers are largely tied to industrial growth, evolving technological advancements, and an increasing need for efficient and reliable fluid transport in demanding environments.
Growth in the Oil & Gas Industry
The oil and gas sector remains the dominant application market for API 610 centrifugal pumps, accounting for roughly 65% of the total market share. As the global demand for energy continues to rise, the exploration, production, and refining processes in the oil and gas industry require robust pumping solutions capable of handling large volumes of fluids under high pressure and extreme temperatures. Whether it’s for upstream operations such as oil extraction, transportation of crude oil, or downstream activities like refining and petrochemical production, centrifugal pumps designed to API 610 standards are critical for maintaining production efficiency and safety.
With the expansion of shale oil, offshore drilling, and deep-water exploration, the demand for high-performance API 610 centrifugal pumps will continue to grow as these processes often involve challenging conditions like high head, extreme temperatures, and corrosive liquids. Additionally, these pumps are necessary in liquid transport pipelines, which are essential infrastructure in the energy sector.
Increasing Demand for Chemical Processing
The chemical industry is another significant contributor to the growth of the API 610 centrifugal pump market. API 610 centrifugal pumps are designed to handle the highly corrosive and abrasive chemicals typically found in petrochemical production, chemical plants, and industrial processes. With the global demand for chemicals and plastics on the rise, particularly in emerging markets, there will be increased need for advanced pumping solutions that ensure safe and reliable fluid transfer.
Technological Advancements in Pump Efficiency
Technological innovation continues to be a key driver of growth for the API 610 centrifugal pump market. Manufacturers are focusing on improving pump efficiency, reducing energy consumption, and enhancing operational performance. The integration of advanced materials such as high-strength alloys, corrosion-resistant coatings, and innovative seal technology allows API 610 pumps to deliver higher reliability, longer service life, and better performance in harsh environments.
Additionally, the rise of smart pump technology is an emerging trend in the market. These pumps are equipped with sensors, predictive maintenance features, and automation capabilities, helping businesses to optimize pump operations, reduce downtime, and lower overall maintenance costs. The implementation of Industry 4.0 principles such as digital twins, IoT connectivity, and machine learning algorithms to predict pump failures or inefficiencies is transforming the market and boosting demand for technologically advanced centrifugal pumps.
Demand for High-Performance and Durable Pumps
API 610 centrifugal pumps are preferred over standard pumps due to their ability to withstand demanding applications, extreme pressures, and temperatures. The need for pumps that offer high efficiency, durability, and minimal maintenance costs is further contributing to the market's growth. As industries like oil and gas, petrochemical, and chemicals increasingly prioritize operational uptime and safety, the demand for API 610 centrifugal pumps will continue to rise, especially as regulatory standards for safety and performance become more stringent.
Market Restraints for API 610 Centrifugal Pumps:
While the API 610 centrifugal pump market is experiencing steady growth, several factors could hinder its development. The restraints that may impact the market are:
High Initial Investment and Maintenance Costs
API 610 centrifugal pumps are often characterized by their high initial cost, which can be a barrier for smaller businesses or those operating in regions with limited capital investment. Additionally, although these pumps are known for their durability, the maintenance and replacement costs can be substantial over the lifetime of the equipment. Regular maintenance is required to keep the pumps operating at optimal efficiency, and this ongoing expense could dissuade some companies from investing in these specialized systems.
Availability of Alternative Pump Technologies
The growing availability of alternative pump technologies, such as magnetic drive pumps, peristaltic pumps, and diaphragm pumps, could challenge the market share of API 610 centrifugal pumps. These alternatives are sometimes seen as more cost-effective or more suitable for particular applications where centrifugal pumps may not be the most efficient option. Magnetic drive pumps, for instance, offer leak-free operations, while peristaltic pumps are ideal for handling viscous fluids in some chemical processes.
This report is a detailed and comprehensive analysis for global API 610 Centrifugal Pumps market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global API 610 Centrifugal Pumps market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global API 610 Centrifugal Pumps market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global API 610 Centrifugal Pumps market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global API 610 Centrifugal Pumps market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for API 610 Centrifugal Pumps
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global API 610 Centrifugal Pumps market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Flowserve, KSB, Sulzer, Ruhrpumpen, Trillium Flow Technologies, Sundyne, ITT Goulds Pumps, Pumpworks, Truflo Pumps, Inc., Ebara Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
API 610 Centrifugal Pumps market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Vertical
Horizontal
Market segment by Application
Oil and Gas
Chemical
Others
Major players covered
Flowserve
KSB
Sulzer
Ruhrpumpen
Trillium Flow Technologies
Sundyne
ITT Goulds Pumps
Pumpworks
Truflo Pumps, Inc.
Ebara Corporation
Kirloskar Pompen
Carver Pump
Sichuan Zigong Industrial Pump
Gruppo Aturia
V-FLO
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe API 610 Centrifugal Pumps product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of API 610 Centrifugal Pumps, with price, sales quantity, revenue, and global market share of API 610 Centrifugal Pumps from 2020 to 2025.
Chapter 3, the API 610 Centrifugal Pumps competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the API 610 Centrifugal Pumps breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and API 610 Centrifugal Pumps market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of API 610 Centrifugal Pumps.
Chapter 14 and 15, to describe API 610 Centrifugal Pumps sales channel, distributors, customers, research findings and conclusion.
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