Rotary Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global rotary pump market size reached US$ 6.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
A rotary pump is used for moving a defined volume of high viscosity liquids such as oils and chemicals. Pumping chamber, casing, endplates, seal chamber, relief valves and rotating assembly are some of the main components of rotary pumps. They are designed with small clearances to minimize leakage from the discharge and operate at a relatively low speed so as to maintain these clearances. They also have a self-priming property that allows pumping liquids and gases without any loss of suction. Nowadays, manufacturers are developing rotary pumps with advanced features that enable the transportation of harmful chemicals without damaging the environment.
Rotary pumps are gaining traction across the globe owing to their ability to handle high differential pressure, high-viscosity performance and compact design. As a result of these characteristics, they find applications in numerous industry verticals ranging from chemical industry to pharmaceutical manufacturing, biotechnology applications, marine industry applications, etc. Besides this, with the increasing penetration of the Internet of Things (IoT), pump manufacturers are introducing highly efficient and cost-effective rotary pumps integrated with next generation connected technologies that can automate various processes. Apart from this, the leading rotary pump companies are focusing on mergers and acquisitions (M&A) to diversify their product portfolio and expand geographic reach by gaining an edge over their competitors. For instance, Dover Corporation has acquired All-Flo, a manufacturer of specialty air-operated double-diaphragm (AODD) pumps, which is now a part of the Pump Solutions Group (PSG) unit within Dover’s Fluids segment.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global rotary pump market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type, operating capacity, pump characteristics, raw material and end-use industry.
Breakup by Type:
Vane
Screw
Lobe
Gear
Progressive Cavity (PC)
Others
Breakup by Operating Capacity:
Small (Upto 500 gpm)
Medium (500-1000 gpm)
High (More Than 1000 gpm)
Breakup by Pump Characteristics:
Standard Pumps
Engineered Pumps
Special Purpose Pumps
Breakup by Raw Material:
Bronze
Cast Iron
Polycarbonate
Stainless Steel
Others
Breakup by End-Use Industry:
Oil and Gas
Power Generation
Chemical and Petrochemical
Water and Wastewater
Food and Beverage
Others
Breakup by Region:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Dover Corporation, SPX Flow, Inc., Xylem Inc., Colfax Corporation, IDEX Corporation, Busch Systems International Inc., Gardner Denver, Inc., Atlas Copco AB, Pfeiffer Vacuum GmbH and ULVAC Technologies, Inc.
Key Questions Answered in This Report
1. What was the size of the global rotary pump market in 2022?
2. What is the expected growth rate of the global rotary pump market during 2023-2028?
3. What are the key factors driving the global rotary pump market?
4. What has been the impact of COVID-19 on the global rotary pump market?
5. What is the breakup of the global rotary pump market based on the type?
6. What is the breakup of the global rotary pump market based on the operating capacity?
7. What is the breakup of the global rotary pump market based on the pump characteristics?
8. What is the breakup of the global rotary pump market based on the raw material?
9. What is the breakup of the global rotary pump market based on the end-use industry?
10. What are the key regions in the global rotary pump market?
11. Who are the key players/companies in the global rotary pump market?