U.S. Industrial Pump Market Size, Share & Trends Analysis Report By Product (Centrifugal, Positive Displacement Pump), By Application (Oil & Gas, Chemicals, Construction, Power Generation), And Segment Forecasts, 2025 - 2030

U.S. Industrial Pump Market Size, Share & Trends Analysis Report By Product (Centrifugal, Positive Displacement Pump), By Application (Oil & Gas, Chemicals, Construction, Power Generation), And Segment Forecasts, 2025 - 2030

U.S. Industrial Pump Market Growth & Trends

The U.S. industrial pump market size is expected to reach USD 6.25 billion in 2030. It is expected to expand at a CAGR of 3.4% from 2025 to 2030. Rising E&P activities in the country coupled with increasing crude oil production in both onshore and offshore oil fields is expected to boost the demand for industrial pumps over the forecast period.

Rising expectations of customers in the past few decades have led to increased spending by the end-user industries to improve the quality of industrial pumps along with installing advanced process control. This has further led to increased spending by the industrial pump manufacturers in the region in an attempt to improve energy efficiency which is likely to benefit the market growth.

Key market players have undertaken various initiatives such as technology innovations, research and development, partnerships, and mergers and acquisitions for manufacturing cost-effective industrial pumps. Moreover, rising investments by major players on technological advancements that focus on ensuring higher productivity are projected to spur market growth.

The chemical industry is expected to be negatively impacted by the novel coronavirus outbreak on numerous fronts-operational and supply chain disruptions, lowered demand and productivity, and potentially tightening credit markets. As a result, the demand for chemicals is expected to fall drastically, which is further likely to hinder the industrial pump market growth.

U.S. Industrial Pump Market Report Highlights

• Centrifugal pump led the market and accounted for the largest revenue share of 67.6% in 2024. owing to their extensive use in various end-use industries, especially for high capacity and low-pressure pumping applications.
• The water and wastewater treatment dominated the market and accounted for the largest revenue share in 2024 owing to the population growth, urbanization, and rise in manufacturing activities across several states in the U.S.
• In April 2020, Flowserve Corporation introduced a new vacuum pumps series with the name of the SIHI Dry PD Mi series which is capable of improving the throughput times, process efficiency, and the time required to achieve the target vacuum levels.

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