Industrial Pumps Market Size, Share, and Outlook, 2025 Report- By Product (Centrifugal Pumps, Positive Displacement Pumps, Others), By Application (Oil & Gas, Chemicals, Construction, Power Generation, Water & Wastewater Treatment, Others), 2018-2032

Industrial Pumps Market Outlook

Industrial Pumps Market Size is forecast to reach $125.7 Billion in 2032 from $86 Billion in 2025, at an optimistic growth rate of 5.5% from 2025 to 2032. The robust Industrial Pumps 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 Industrial Pumps Market segments across 22 countries from 2021 to 2032. Key segments in the report include By Product (Centrifugal Pumps, Positive Displacement Pumps, Others), By Application (Oil & Gas, Chemicals, Construction, Power Generation, Water & Wastewater Treatment, Others). Over 70 tables and charts showcase findings from our latest survey report on Industrial Pumps Markets.

Industrial Pumps Market Insights, 2025: Industrial Pumps – Key Drivers and Opportunities

The industrial pumps market is primarily driven by the growing demand for reliable fluid handling systems across various industries, including oil and gas, water treatment, chemical manufacturing, mining, and food processing. Industrial pumps are essential for transporting fluids, chemicals, and slurries within manufacturing and processing facilities. The increasing need for automation and efficient fluid management systems, particularly in industries that require high-volume pumping operations, such as oil exploration and refining, has led to a rise in demand for technologically advanced pumps.

Further, the trend towards energy-efficient and environmentally sustainable solutions is fostering innovation in pump technologies. Companies are developing pumps that not only perform well but also consume less energy and reduce operational costs, contributing to the greener operations of manufacturing plants. Variable speed pumps, for example, adjust their output based on real-time system demand, optimizing energy use. Additionally, the expansion of smart pumps, which are integrated with IoT (Internet of Things) technology to allow for real-time monitoring and predictive maintenance, offers significant opportunities. These innovations increase reliability, reduce downtime, and optimize pump life cycle costs.

The water treatment sector, driven by urbanization, population growth, and increasingly stringent environmental regulations, presents a notable opportunity for the industrial pumps market. Wastewater treatment plants and desalination processes require robust pumps that can handle a wide range of contaminants and ensure the safe delivery of clean water. As industries like agriculture and food processing grow, there is an ongoing need for pumps that can handle liquids with varying viscosities, further expanding the market’s potential.

Five Trends that will define global Industrial Pumps Market in 2025 and Beyond

A closer look at the multi-million global market for Industrial Pumps Market identifies rapidly shifting consumer preferences across categories. By focusing on growth and resilience, leading Industrial Pumps 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 Industrial Pumps Industry?

The Industrial Pumps 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.

Industrial Pumps Market Segment Insights

The Industrial Pumps Industry presents strong offers across categories. The analytical report offers forecasts of Industrial Pumps Industry performance across segments and countries. Key segments in the industry include- By Product (Centrifugal Pumps, Positive Displacement Pumps, Others), By Application (Oil & Gas, Chemicals, Construction, Power Generation, Water & Wastewater Treatment, Others). 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, Industrial Pumps Market size outlook is provided for 22 countries across these regions.

Industrial Pumps Industry Value Chain

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

Scenario Analysis and Forecasts

Strategic decision-making in the Industrial Pumps 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 Industrial Pumps 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 Industrial Pumps 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 Industrial Pumps 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 Industrial Pumps Market drivers and opportunities across Germany, France, the United Kingdom, Spain, Italy, Russia, and other Europe.

The US Industrial Pumps Market Insights- Executives are most excited about opportunities for the US Industrial Pumps Industry.

Easing inflation coupled with strengthening consumer sentiment is encouraging aggressive actions from the US Industrial Pumps 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 Industrial Pumps Market.

Latin American Industrial Pumps 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 Industrial Pumps 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 Industrial Pumps 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 Industrial Pumps Markets including the UAE, Saudi Arabia, Qatar, and Oman continue to offer lucrative pockets of growth.

Competitive Landscape- How Industrial Pumps 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 EBARA International Corp, Flowserve Corp, Grundfos Holding A/S, HERMETIC-Pumpen GmbH, Ingersoll-Rand, ITT Inc, Iwaki Co. Ltd, KSB SE &Co. KgaA, Pentair, Schlumberger Ltd, SPZ Flow, Sulzer Ltd, The Weir Group PLC, Vaughan Company, Xylem.

Industrial Pumps Market Scope and Segmentation

By Product

Centrifugal Pumps

• Axial Flow Pump
• Radial Flow Pump
• Mixed Flow Pump

Positive Displacement Pumps

• Reciprocating Pumps
• Rotary Pumps
• Others

Others

By Application

Oil & Gas

Chemicals

Construction

Power Generation

Water & Wastewater Treatment

Others

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 Industrial Pumps Market Research-

EBARA International Corp

Flowserve Corp

Grundfos Holding A/S

HERMETIC-Pumpen GmbH

Ingersoll-Rand

ITT Inc

Iwaki Co. Ltd

KSB SE &Co. KgaA

Pentair

Schlumberger Ltd

SPZ Flow

Sulzer Ltd

The Weir Group PLC

Vaughan Company

Xylem

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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