Global Magnetic Pump Market Growth 2025-2031

Global Magnetic Pump Market Growth 2025-2031

The global Magnetic Pump market size is predicted to grow from US$ 611 million in 2025 to US$ 758 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031."Magnetic Drive" refers to the coupling between the wet end of the pump and the motor. In "direct drive" pumps, the impeller of the pump is attached to the shaft of the motor, and this design depends on the shaft seal to contain the chemical. In a magnetic drive pump, the wet end and motor are two separate contained parts, connected by only a motor bracket. At the end of the motor shaft, a drive magnet is attached, and as the drive magnet rotates around the rear housing, the impeller, which is fixed upon another magnet, spins in synchronization. It is the attraction of the drive magnet and the impeller magnet which allows the full torque of the motor to be passed onto the pump. As the shaft of the motor does not extend into the interior of the pump, there is no need for a shaft seal, and without a shaft seal, the danger of leakage commonly associated with a shaft seal is eliminated. Furthermore, the maintenance cost is reduced because no time or money is spent on maintaining the shaft seal.

Global 5 largest manufacturers of Magnetic Pump are Flowserve, Sundyne, Iwaki, Hermetic and Dickow Pumpen, which make up over 20%. Among them, Flowserve is the leader with about 5% market share.

Asia Pacific is the largest market, with a share about 38%, followed by Europe and North America, with the share about 31% and 24%. In terms of product type, Stationary Shaft occupies the largest share of the total market, about 72%. And in terms of application, the largest application is Chemical, followed by General Industry.

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

This Insight Report provides a comprehensive analysis of the global Magnetic Pump 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 Magnetic Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnetic Pump market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Pump 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 Magnetic Pump.

This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Pump market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Stationary Shaft
Rotating Shaft

Segmentation by Application:
Chemical
General Industry
Oil & Gas
Food & Pharmaceutical
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
Sundyne
Iwaki
Hermetic
Dickow Pumpen
Sanwa Hydrotech
Klaus Union
Dandong Colossus
ITT Goulds Pumps
Richter Chemie-Technik
Verder Liquids
Magnatex Pumps
Lanzhou Highland
ASSOMA
Taicang Magnetic Pump
March Manufacturing
GemmeCotti
Desmi

Key Questions Addressed in this Report

What is the 10-year outlook for the global Magnetic Pump market?

What factors are driving Magnetic Pump market growth, globally and by region?

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

How do Magnetic Pump market opportunities vary by end market size?

How does Magnetic Pump break out by Type, by Application?