Rotary Pumps Market Size Worth $11.08 Billion By 2032 | CAGR: 4.8%

The global rotary pumps market size is expected to reach USD 11.08 billion by 2032, according to a new study by Polaris Market Research. The report “Rotary Pumps Market Share, Size, Trends, Industry Analysis Report, By Type (Screw Pump, Gear Pump), By End-use (Chemical, Oil & Gas, Power Generation, Agriculture), By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market is experiencing substantial growth primarily driven by the increasing need for the fluid handling in various industries including oil & gas, chemicals, & waste-water treatment. Rotary pumps are becoming increasingly popular due to their versatility in handling a broad spectrum of fluids with the diverse viscosities, making it a preferred choice in these applications. The market dynamics are notably influenced by the expansion of key end-use industries, including oil & gas, food processing, & chemical processing.

Moreover, in industries such as oil & gas and food processing, precise control of process variables, including fluid discharge rate and pressure, is crucial. Rotary pumps are well-suited for this kind of process control due to their recognized attributes of reliability, versatility, and the capability to handle a broad range of fluids. In the oil & gas sector, the American Petroleum Institute (API) has established standards for various equipment intended for use across diverse industries, including pumps. API Standard 676 specifically addresses standards and guidelines for positive displacement rotary pumps. Additionally, the Hydraulic Institute contributes standards relevant to rotary pumps in the pump industry, encompassing aspects such as pump design, testing, installation, and operation.

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The market is characterized by intense competition, with a significant number of players consistently augmenting their research and development (R&D) spending. Key industry participants employ various strategies such as expanding production capacities, engaging in mergers and acquisitions, and introducing new products to stay competitive. Some established players have gained cost advantages through higher-scale production.

Manufacturers are actively exploring opportunities to create IoT-based digitalized pumps for efficient flow rate control. They are also focusing on designing new energy-efficient products to address the increasing demand for carbon-efficient solutions. Established market players are leveraging variable speed drives (VSDs) as a strategy to further expand their presence in the market.

Rotary Pumps Market Report Highlights

• Gear pump segment dominated the market, owing to its ability to generate pressure difference to transfer fluids from one to point to other easily
• Oil & gas segment held the largest share, as rotary pumps facilitate transfer of crude oil from well heads to the storage tanks, and in loading and un-loading of tankers
• APAC dominated the market, owing to several infrastructure activities and strong demand in chemical and waste water treatment industries
• The global players include Atlas Copco, Dover Corporation, Xylem, Colfax Corporation, IDEX Corporation, Flowverse Corporation, HMS Group, & Pentair.

Polaris Market Research has segmented the rotary pumps market report based on type, end use, and region:

Rotary Pumps, Component Outlook (Revenue - USD Billion, 2019 - 2032)

• Gear Pump
• Screw Pump
• Vane Pump
• Lobe Pump
• Others

Rotary Pumps, Application Outlook (Revenue - USD Billion, 2019 - 2032)

• Agriculture
• Construction & Building Services
• Water & Wastewater
• Power Generation
• Oil & Gas
• Chemical
• Others

Rotary Pumps, Regional Outlook (Revenue - USD Billion, 2019 - 2032)

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
• Latin America
  • Argentina
  • Brazil
  • Mexico
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Rotary Pumps Market Report Scope