Screw Pumps Market by Screw Configuration (Single Screw/Eccentric Screw/Progressive Cavity Pumps, Twin Screw Pumps, Three Screw Pumps, Multiple Screw Pumps), Max. Pressure (Up To 16 Bar, 17-35 Bar, 36-50 Bar, 50-80 Bar, Above 80 Bar), Distribution Channel (Direct, Indirect), End Use (Oil and Gas, Power, Water Treatment, Chemicals, Food and Beverages, and Others), and Region 2024-2032
The global screw pumps market size reached US$ 2.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2032, exhibiting a growth rate (CAGR) of 4.63% during 2024-2032. The significant growth in the oil and gas industry, various product innovations, and extensive research and development (R&D) activities represent some of the key factors driving the market.
Screw pumps are positive displacement pumps that use rotating screws to move fluids. They consist of various components, such as a casing, screw, seal, motor adapter drive shaft, and bearings. They are manufactured using metal alloys, including cast iron, stainless steel, or bronze. Screw pumps are well-suited to pump high-pressure viscous fluids in offshore and marine installations. They are used in fuel injection, oil burners, and wastewater treatment plants. They are relatively easy to maintain and operate and exhibit versatility with different flow rates, pressures, liquid types and viscosities, and self-priming capabilities. As a result, screw pumps find extensive applications across the oil and gas, power, water treatment, chemicals, and food and beverage (F&B) industries.
Screw Pumps Market Trends:
The significant growth in the oil and gas industry across the globe is one of the key factors creating a positive outlook for the market. Screw pumps are widely used as they provide a continuous flow of fluids for enhanced production. In line with this, the widespread product adoption for applications such as crude oil transfer, pipeline boosting, and drilling mud transfer owing to increasing demand for oil and gas is favoring the market growth. Additionally, the extensive product adoption in refineries to transfer solids from one tank or vessel to another without changing any valves-related configurations is acting as another growth-inducing factor. Apart from this, the introduction of screw pumps manufactured using advanced materials that are more resistant to wear and corrosion, which help to improve the longevity and reliability of screw pumps, is providing an impetus to the market growth. Moreover, the increasing application of screw pumps in wastewater treatment applications to accurately dose chemicals into the wastewater stream and return activated sludge or storm water pumping, which in turn is propelling the market growth. Furthermore, the launch of eccentric screw pumps for shear-sensitive materials that are capable of handling a wide range of viscosities and can provide precise flow control is positively influencing the market growth. Other factors, including increasing demand for energy-efficient pumps, widespread product adoption in the F & B industry, the implementation of various government initiatives to reduce emissions and increase energy efficiency, extensive research and development (R&D) activities, and various product innovations are anticipated to drive the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global screw pumps market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on screw configuration, max. pressure, distribution channel, and end use.
Screw Configuration Insights:
Single Screw/Eccentric Screw/Progressive Cavity Pumps
Twin Screw Pumps
Three Screw Pumps
Multiple Screw Pumps
The report has provided a detailed breakup and analysis of the screw pumps market based on the screw configuration. This includes single screw/eccentric screw/progressive cavity, twin, three and multiple screw pumps. According to the report, single screw/eccentric screw/progressive cavity pumps represented the largest segment.
Max. Pressure Insights:
Up To 16 Bar
17-35 Bar
36-50 Bar
50-80 Bar
Above 80 Bar
The report has provided a detailed breakup and analysis of the screw pumps market based on the max. pressure. This includes up to 16, 17-35, 36-50, 50-80 and above 80 bars. According to the report, above 80 bar represented the largest segment.
Distribution Channel Insights:
Direct
Indirect
The report has provided a detailed breakup and analysis of the screw pumps market based on the distribution channel. This includes direct and indirect. According to the report, indirect represented the largest segment.
End Use Insights:
Oil and Gas
Power
Water Treatment
Chemicals
Food and Beverages
Others
The report has provided a detailed breakup and analysis of the screw pumps market based on the end use. This includes oil and gas, power, water treatment, chemicals, food and beverages, and others. According to the report, oil and gas represented the largest segment.
Regional Insights:
North America
United States
Canada
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific was the largest market for screw pumps. Some of the factors driving the Asia Pacific screw pumps market included the significant growth in the oil and gas industry, various product innovations, and extensive research and development (R&D) activities.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global screw pumps market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Alfa Laval AB, CIRCOR International Inc., Desmi A/S, Dover Corporation, Erich Netzsch GmbH & Co. Holding KG, Flowserve Corporation, FLSmidth & Co. A/S, ITT Inc., Iwaki Co. Ltd., KRAL GmbH, Roto Pumps Limited, SPX Flow Inc., etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report
1. How big is the global screw pumps market?
2. What is the expected growth rate of the global screw pumps market during 2024-2032?
3. What are the key factors driving the global screw pumps market?
4. What has been the impact of COVID-19 on the global screw pumps market?
5. What is the breakup of the global screw pumps market based on the screw configuration?
6. What is the breakup of the global screw pumps market based on the max. pressure?
7. What is the breakup of the global screw pumps market based on the distribution channel?
8. What is the breakup of the global screw pumps market based on the end use?
9. What are the key regions in the global screw pumps market?
10. Who are the key players/companies in the global screw pumps market?