Positive Displacement Pumps Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The Positive Displacement Pumps Market is expected to register a CAGR of 6.7% during the forecast period (2022-2207). Positive Displacement pumps are commonly used for pumping high viscosity fluids such as oil, paints, resins, or foodstuffs. They are preferred in applications where accurate dosing or high-pressure output is required. Unlike centrifugal pumps, the output of a positive displacement pump is not affected by pressure, so they also tend to be preferred in any situation where the supply is irregular.
Key HighlightsThe Positive Displacement Pumps Market is a moderatley competitve market with the presence of significant players like Flowserve Corporation, The Weir Group plc, Xylem Inc, etc. The market players are striving to expand their geographic presence beyond regional distribution by working on innovative and high-performance Positive Displacement Pumps. The companies are also providing customization services to cater to custom applications of various end-users.
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