Global API 610 Centrifugal Pumps Market Growth 2025-2031

Global API 610 Centrifugal Pumps Market Growth 2025-2031

The global API 610 Centrifugal Pumps market size is predicted to grow from US$ 1240 million in 2025 to US$ 1555 million in 2031; it is expected to grow at a CAGR of 3.8% from 2025 to 2031.

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.

LP Information, Inc. (LPI) ' newest research report, the “API 610 Centrifugal Pumps Industry Forecast” looks at past sales and reviews total world API 610 Centrifugal Pumps sales in 2024, providing a comprehensive analysis by region and market sector of projected API 610 Centrifugal Pumps sales for 2025 through 2031. With API 610 Centrifugal Pumps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world API 610 Centrifugal Pumps industry.

This Insight Report provides a comprehensive analysis of the global API 610 Centrifugal Pumps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on API 610 Centrifugal Pumps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global API 610 Centrifugal Pumps market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for API 610 Centrifugal Pumps and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global API 610 Centrifugal Pumps.

This report presents a comprehensive overview, market shares, and growth opportunities of API 610 Centrifugal Pumps market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Vertical
Horizontal

Segmentation by Application:
Oil and Gas
Chemical
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report

What is the 10-year outlook for the global API 610 Centrifugal Pumps market?

What factors are driving API 610 Centrifugal Pumps market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do API 610 Centrifugal Pumps market opportunities vary by end market size?

How does API 610 Centrifugal Pumps break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.