Centrifugal Pump Market Size, Share, and Outlook, 2025 Report- By Type (Overhung Impeller, Between Bearing, Vertically Suspended), By Operation (Electrical, Hydraulic, Air-Driven), By Stage (Single Stage, Multistage), By End-User (Industrial, Commercial,

Centrifugal Pump Market Outlook

Centrifugal Pump Market Size is forecast to reach $69.4 Billion in 2032 from $44.1 Billion in 2025, at an optimistic growth rate of 6.6% from 2025 to 2032. The robust Centrifugal Pump Market growth presents potential growth opportunities for companies across the industry value chain.

The comprehensive market research report presents 12-year historic and forecast data on Centrifugal Pump Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Type (Overhung Impeller, Between Bearing, Vertically Suspended), By Operation (Electrical, Hydraulic, Air-Driven), By Stage (Single Stage, Multistage), By End-User (Industrial, Commercial, Residential). Over 70 tables and charts showcase findings from our latest survey report on Centrifugal Pump Markets.

Centrifugal Pump Market Insights, 2025: Centrifugal Pump Market – Key Drivers and Opportunities

Centrifugal pumps are widely used in industries such as water treatment, chemical processing, oil and gas, food and beverage, and pharmaceuticals for moving liquids through systems. These pumps operate by using a rotating impeller to impart energy to the fluid, generating centrifugal force that moves the liquid through pipes or systems. The global growth of industrialization and urbanization, combined with increasing demand for efficient water and wastewater management, is driving the growth of the centrifugal pump market.

The water treatment sector is one of the largest drivers of demand for centrifugal pumps. With a growing focus on clean water access and wastewater management, especially in developing countries, centrifugal pumps are essential for maintaining the flow and pressure of water in municipal water treatment plants, desalination facilities, and sewage treatment plants. The increasing population and industrial activities in urban areas are leading to a rise in the need for efficient water systems, directly benefiting the centrifugal pump market.

In addition to water treatment, centrifugal pumps are critical in the oil and gas sector, where they are used in applications ranging from upstream exploration to downstream refining. The growing global demand for oil and gas, coupled with the increasing complexity of extraction and production processes, is fueling the demand for high-performance centrifugal pumps capable of handling demanding fluids and harsh environments.

The chemical and pharmaceutical industries also contribute significantly to the market, with centrifugal pumps being integral to fluid transfer processes in manufacturing and production. The rising demand for chemical products, pharmaceuticals, and bio-based chemicals has driven a need for advanced, high-efficiency centrifugal pumps. Opportunities exist for further market growth in energy-efficient designs and smart pumps that offer enhanced monitoring, control, and performance tracking.

Five Trends that will define global Centrifugal Pump Market in 2025 and Beyond

A closer look at the multi-million global market for Centrifugal Pump Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Centrifugal Pump Companies are prioritizing their investments across categories, markets, and geographies. The report analyses the most important market trends shaping the new landscape to support better decisions for the long and short-term future.

What are the biggest opportunities for growth in the Centrifugal Pump Industry?

The Centrifugal Pump Market sector demonstrated remarkable resilience over the past year across developed and developing economies. Further, the market presents significant opportunities to leverage the existing momentum towards actions by 2032. On the other hand, recent macroeconomic developments including rising inflation and supply chain disruptions are putting pressure on companies. The chapter assists users to identify growth avenues and address business challenges to make informed commercial decisions with unique insights, data forecasts, and in-depth market analyses.

Centrifugal Pump Market Segment Insights

The Centrifugal Pump Industry presents strong offers across categories. The analytical report offers forecasts of Centrifugal Pump Industry performance across segments and countries. Key segments in the industry include- By Type (Overhung Impeller, Between Bearing, Vertically Suspended), By Operation (Electrical, Hydraulic, Air-Driven), By Stage (Single Stage, Multistage), By End-User (Industrial, Commercial, Residential). The largest types, applications, and sales channels, fastest growing segments, and the key factors driving each of the categories are included in the report.

Forecasts of each segment across five regions are provided from 2021 through 2032 for Asia Pacific, North America, Europe, South America, Middle East, and African regions. In addition, Centrifugal Pump Market size outlook is provided for 22 countries across these regions.

Centrifugal Pump Industry Value Chain

The chapter identifies potential companies and their operations across the global Centrifugal Pump Industry ecosystem. It assists decision-makers in evaluating global Centrifugal Pump Market fundamentals, market dynamics, and disruptive trends across the value chain segments.

Scenario Analysis and Forecasts

Strategic decision-making in the Centrifugal Pump Industry is multi-faceted with the increased need for planning across scenarios. The report provides forecasts across three case scenarios- low growth, reference case, and high growth cases.

Asia Pacific Centrifugal Pump Market Analysis- A Promising Growth Arena for Business Expansion

As companies increasingly expand across promising Asia Pacific markets with a combined population of over 4.5 billion, the medium-to-long-term future remains robust. The presence of the fastest-growing economies such as China, India, Thailand, Indonesia, and Vietnam coupled with strengthening middle-class populations and rising disposable incomes drive the market. In particular, China and India are witnessing rapid shifts in consumer purchasing behavior. China is recovering steadily with optimistic forecasts for 2025. Further, Japanese and South Korean markets remain stable with most companies focusing on new product launches and diversification of sales channels.

The State of Europe Centrifugal Pump Industry 2025- Focus on Accelerating Competitiveness

As companies opt for an integrated agenda for competitiveness, the year 2025 presents optimistic scenarios for companies across the ecosystem. With signs of economic recovery across markets, companies are increasing their investments. Europe is one of the largest markets for Centrifugal Pump Market with demand from both Western Europe and Eastern European regions increasing over the medium to long-term future. Increasing omnichannel shopping amidst robust consumer demand for value purchases shapes the market outlook. The report analyses the key Centrifugal Pump Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Centrifugal Pump Market Insights- Executives are most excited about opportunities for the US Centrifugal Pump Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Centrifugal Pump Companies. Market players consistently focusing on innovation and pursuing new ways to create value are set to excel in 2025. In addition, the Canadian and Mexican markets offer lucrative growth pockets for manufacturers and vendors. Focus on private-brand offerings and promotions, diversified sales channels, expansion into niche segments, adoption of advanced technologies, and sustainability are widely observed across the North American Centrifugal Pump Market.

Latin American Centrifugal Pump Market outlook rebounds in line with economic growth.

Underlying demand remains higher among urban consumers with an optimistic economic outlook across Brazil, Argentina, Chile, and other South and Central American countries. Increased consumer spending has been reported since H2-2024 and the prospects remain strong for 2025. Aggressive ecosystem moves to create new sources of income are widely observed across markets in the region. Marketing activities focused on customer insights, operations, and support functions are quickly gaining business growth in the region.

Middle East and Africa Centrifugal Pump Markets- New Opportunities for Companies Harnessing Diversity

Rapid growth in burgeoning urban locations coupled with a young and fast-growing population base is attracting new investments in the Middle East and African Centrifugal Pump Markets. Designing expansion and marketing strategies to cater to the local consumer base supports the market prospects. In addition to Nigeria, Algeria, South Africa, and other markets, steady growth markets in Ethiopia, Rwanda, Ghana, Tanzania, the Democratic Republic of Congo, and others present significant prospects for companies. On the other hand, Middle Eastern Centrifugal Pump Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Centrifugal Pump Companies outcompete in 2025 and Beyond?

The ability to respond quickly to evolving consumer preferences and adapt businesses to niche consumer segments remains a key growth factor. The report identifies the leading companies in the industry and provides their revenue for 2024. The market shares of each company are also included in the report. Further, business profiles, SWOT analysis, and financial analysis of each company are provided in detail. Key companies analyzed in the report include Alfa Laval AB, Baker Hughes Company, CIRCOR International Inc, CNP Pumps India Pvt. Ltd, EBARA Corp, Flowserve Corp, Grindex AB, Griswold Pump Company, Grundfos Holding A/S, HCP Pump Manufacturer Co. Ltd, Ingersoll Rand Inc, ITT Inc, Kirloskar Brothers Ltd, KSB SE & Co. KGaA, Leo Group Co. Ltd, Mody Pumps Inc, Pentair plc, PRORIL Pumps Europe B.V., PSP Pumps Private Ltd, Schlumberger Ltd, SPT Pumpen und Anlagentechnik GmbH, Sulzer AG, Tsurumi Manufacturing Co. Ltd, VANSAN Makina Sanayi ve Ticaret A.Ş., WEG S.A., Weir Group PLC, Wilo SE, Xavitech AB, Xylem Inc, Zhejiang Doyin Technology Co. Ltd.

Centrifugal Pump Market Scope and Segmentation

By Type

Overhung Impeller

Between Bearing

Vertically Suspended

By Operation

Electrical

Hydraulic

Air-Driven

By Stage

Single Stage

Multistage

By End-User

Industrial

Commercial

Residential

Countries Included-

North America- US, Canada, Mexico

Europe- Germany, France, UK, Spain, Italy, Benelux, Turkey, Russia, Rest of Europe

Asia Pacific- China, India, Japan, South Korea, South East Asia, Australia, Rest of APAC

South and Central America- Brazil, Argentina, Chile, Rest of SCA

Middle East and Africa- Saudi Arabia, the UAE, Israel, South Africa, Algeria, Nigeria, Rest of Middle East, Rest of Africa

Companies Included in the Centrifugal Pump Market Research-

Alfa Laval AB

Baker Hughes Company

CIRCOR International Inc

CNP Pumps India Pvt. Ltd

EBARA Corp

Flowserve Corp

Grindex AB

Griswold Pump Company

Grundfos Holding A/S

HCP Pump Manufacturer Co. Ltd

Ingersoll Rand Inc

ITT Inc

Kirloskar Brothers Ltd

KSB SE & Co. KGaA

Leo Group Co. Ltd

Mody Pumps Inc

Pentair plc

PRORIL Pumps Europe B.V.

PSP Pumps Private Ltd

Schlumberger Ltd

SPT Pumpen und Anlagentechnik GmbH

Sulzer AG

Tsurumi Manufacturing Co. Ltd

VANSAN Makina Sanayi ve Ticaret A.Ş.

WEG S.A.

Weir Group PLC

Wilo SE

Xavitech AB

Xylem Inc

Zhejiang Doyin Technology Co. Ltd

Reasons to Buy the report

• Make informed decisions through long and short-term forecasts across 22 countries and segments.
• Evaluate market fundamentals, dynamics, and disrupting trends set to shape 2025 and beyond.
• Gain a clear understanding of the competitive landscape, with product portfolio and growth strategies.
• Get an integrated understanding of the entire market ecosystem and companies.
• Stay ahead of the competition through plans for growth in a changing environment for your geographic expansion.
• Assess the impact of advanced technologies and identify growth opportunities based on actionable data and insights.
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