Global Positive Displacement Pumps Market Report by Product Type, Capacity, Pump Characteristics, Raw Material, End Use Industry, and Region 2024-2032

The global positive displacement pumps market size reached US$ 14.3 Billion in 2023. Looking forward, the market is projected to reach US$ 22.8 Billion by 2032, exhibiting a growth rate (CAGR) of 5.32% during 2023-2032. The growing employment in shipbuilding and agriculture, rising awareness about benefits of conducting proper wastewater and sewage management, and increasing deployment of water treatment systems in various industries represent some of the key factors driving the market.

Rising Demand for Crude Oil and Gases Impelling Market Growth

At present, there is an increase in the demand for crude oil and gases on account of the rising utilization of electricity in the residential and commercial sectors. Besides this, the growing installation of heavy-duty and efficient machinery in industries to improve operational efficiency and boost productivity is catalyzing the demand for electricity. Positive displacement pumps are extensively deployed in oil and gas exploration activities as they offer high viscosity performance, compact design, and the ability to manage high differential pressure. Their demand is expected to increase as organizations continue to set up new facilities and equipment to boost their production.

Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. The positive displacement pump market structure is fragmented in nature, with a large number of global and regional players operating in the industry.

The competitive environment in the market is expected to intensify due to the increase in research and development (R&D) activities and mergers and acquisitions (M&A) among the industry players. The number of new entrants in the market is low due to the low product differentiation rate and switching costs, high investments, and the need of technological knowledge.

• What are Positive Displacement Pumps?

Positive displacement (PD) pumps, also known as constant flow machines, are industrial pumps designed to displace fluid from the inlet pressure compartment into the discharge tube or pipe. They comprise an expanding cavity on the suction side and the contracting cavity on the discharge side. They are commercially available in three major types, including rotary, reciprocating, and peristaltic pumps. They do not possess impellers but rather rely on rotating or reciprocating paths to push the liquid in an enclosed moveable volume directly.

They differ from the traditionally used centrifugal pumps as they advance the fluid at the same speed regardless of the pressure. They are appropriate for applications wherein a constant flow and an accurate dosing or high-pressure output are required. They function to maintain a constant flow of liquid with respect to the back pressure. They are also widely utilized in high-pressure washing, spraying or cleaning, and irrigation purposes.

COVID-19 Impact:

The outbreak of COVID-19 imposed a moderate impact on the positive displacement pump market owing to the imposition of global lockdowns and social distancing norms. Many manufacturing plants were closed, and the supply chain of raw materials was disrupted as restrictions were imposed on road movements and trade activities. The enforcement of lockdown measures caused companies in downstream industrial production markets to minimize capacity or temporarily pause output to review and implement new procedures to limit risk. Low industrial output has also weighed heavily on demand for positive displacement pumps and complementary components.

Overall industrial demand from power stations, chemical plants, and petrochemical plants for positive displacement pumps declined due to weaker economic growth and supply-side issues. The pandemic also threatened a logistical transportation slowdown. However, to keep up with the demand, the companies engaged in the distribution of positive displacement pumps strengthened their transportation services.

Positive Displacement Pumps Market Trends

At present, the increasing demand for positive displacement (PD) pumps in water treatment systems and drink dispensers represents one of the primary factors propelling the growth of the market. Besides this, the rising employment of PD pumps in shipbuilding and agricultural purposes is positively influencing the market. In addition, the growing awareness about the beneficial aspects of conducting proper wastewater and sewage management to prevent water pollution is offering a favorable market outlook. Apart from this, the rising deployment of water treatment systems in various industries to maintain sustainability in their operations is contributing to the growth of the market.

Additionally, the increasing utilization of PD pumps in chemical industries to safely handle aggressive and flammable fluids is supporting the growth of the market. Moreover, key market players are focusing on manufacturing smart pumping systems with enhanced functionalities and various other beneficial features. Furthermore, the increasing demand for energy-efficient pumping devices is bolstering the growth of the market.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global positive displacement pumps market report, along with forecasts at the global and regional level from 2024-2032. The report has categorized the market based on product type, capacity, pump characteristics, raw material and end use industry.

Product Type Insights:

• Rotary Pumps
• Vane
• Screw
• Lobe
• Gear
• Progressing Cavity (PC)
• Others
• Reciprocating Pumps
• Piston
• Diaphragm
• Plunger
• Others
• Peristaltic
• Others

The report has provided a detailed breakup and analysis of the positive displacement pumps market based on the product type. This includes rotary pumps [vane, screw, lobe, gear, progressing cavity (PC), and others]; reciprocating pumps [piston, diaphragm, plunger, and others]; peristaltic; and others. According to the report, rotary pumps [vane, screw, lobe, gear, progressing cavity (PC), and others] represented the largest segment as they are capable of pumping more liquid as compared to other pumps of the same weight. In addition, rising employment of rotary pumps in handling various viscous liquids, such as lubricating oil, are propelling the growth of the respective segments.

Capacity Insights:

• Low Capacity Pumps
• Medium Capacity Pumps
• High Capacity Pumps

A detailed breakup and analysis of the positive displacement pumps market based on the capacity has also been provided in the report. This includes low capacity pumps, medium capacity pumps, and high capacity pumps. According to the report, low capacity pumps accounted for the largest market share as they are highly beneficial for various industries, such as wastewater, food and beverage (F&B), coatings, and petrochemical industries. Besides this, increasing applications of low-capacity pumps in the paper and pulp industry are contributing to the growth of the market.

Pump Characteristics Insights:

• Standard Pumps
• Engineered Pumps
• Special Purpose Pumps

A detailed breakup and analysis of the positive displacement pumps market based on the pump characteristics has also been provided in the report. This includes standard pumps, engineered pumps, and special purpose pumps. According to the report, standard pumps accounted for the largest market share as they are efficient in handling high-viscosity fluids, such as sewage and paste. In addition, the rising awareness about the importance of proper waste management is supporting the growth of the respective segment.

Raw Material Insights:

• Bronze
• Cast Iron
• Polycarbonate
• Stainless Steel
• Others

A detailed breakup and analysis of the positive displacement pumps market based on the raw material has also been provided in the report. This includes bronze, cast iron, polycarbonate, stainless steel, and others. According to the report, cast iron accounted for the largest market share as it offers an optimized and maximum temperature limit. Besides this, the increasing employment of cast iron-made pumps, as they offer enhanced mobility, corrosion resistance, and durability, is contributing to the growth of the market.

End Use Industry Insights:

• Oil and Gas
• Water and Wastewater
• Automotive
• Chemicals and Petrochemicals
• Others

A detailed breakup and analysis of the positive displacement pumps market based on the end use industry has also been provided in the report. This includes oil and gas, water and wastewater, automotive, chemicals and petrochemicals, and others. According to the report, oil and gas accounted for the largest market share on account of the rising demand for energy around the world. Besides this, increasing oil exploration activities are strengthening the growth of the respective segment.

Regional Insights:

• Asia Pacific
• North America
• Europe
• Middle East and Africa
• Latin America

The report has also provided a comprehensive analysis of all the major regional markets, which include Asia Pacific, North America, Europe, the Middle East and Africa, and Latin America. According to the report, Asia Pacific was the largest market for positive displacement pumps. Some of the factors driving the Asia Pacific positive displacement pumps market included the growing health consciousness among the masses, increasing environmental awareness about the benefits of proper wastewater management, escalating demand for energy in industrial, commercial, and residential setups, and rising number of manufacturing plants in the region.

Competitive Landscape

The report has also provided a comprehensive analysis of the competitive landscape in the global positive displacement pumps market.

Some of the companies covered in the report include:

• Flowserve Corporation
• Grundfos A/S
• ITT Inc.
• KSB SE & Co. KGaA
• SPX FLOW
• ALFA LAVAL Corporate AB
• Schlumberger Corporate Communications
• Colfax Corporation
• HERMETIC-Pumpen GmbH
• Xylem, Inc.
• Sulzer Management Ltd.
• Baker Hughes Company
• EBARA CORPORATION
• WEIR GROUP PLC
• FRISTAM Pumpen KG (GmbH & Co.)
• Altra Industrial Motion Corp.
• A.R. North America, Inc.
• Verder International B.V.
• Watson-Marlow Fluid Technology Group

Please note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What is the size of the global positive displacement pumps market?
2. What is the expected growth rate of the global positive displacement pumps market?
3. What are the key factors driving the global positive displacement pumps market?
4. What has been the impact of COVID-19 on the global positive displacement pumps market?
5. What is the breakup of the global positive displacement pumps market based on the product type?
6. What is the breakup of the global positive displacement pumps market based on the capacity?
7. What is the breakup of the global positive displacement pumps market based on the pump characteristics?
8. What is the breakup of the global positive displacement pumps market based on the raw material?
9. What is the breakup of the global positive displacement pumps market based on the end use industry?
10. What are the key regions in the global positive displacement pumps market?
11. Who are the key players/companies in the global positive displacement pumps market?