The global Progressing Cavity Pump market garnered earnings worth approximately 4 (USD Billion) in 2019 and is set to record a CAGR of more than 7% over the period from 2020 to 2026. The report offers assessment and analysis of the Progressing Cavity Pump market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2017 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Billion).
Introduction
A progressing cavity pump is a kind of positive displacement pump that is also referred to as progressing cavity pump. Moreover, it transfers liquids via pump by means of tiny and fixed-shape discrete cavities. These products are utilized in fluid meters as well as pumping of viscous & shear sensitive objects. Furthermore, progressing cavity pumps are deployed for effectively handling viscous liquids at high rate of flows and in applications involving huge pressure of discharge requiring smooth amount of flow. These products are set up where there is a high pressure release requirement.
Market Growth Dynamics
Beneficial features including abrasion resistance, low proportion of surface noise, and low maintenance requirement will steer the growth of progressing cavity pump industry over the forecast timeline. Apart from this, the product finds extensive usage in liquid possessing high thickness & viscosity as compared to water in order to enhance its volumetric & mechanical proficiency along with raising its viscosity.
Furthermore, a surge in infrastructural funding activities for improving wastewater infrastructure and infrastructural growth will embellish the market growth over the years to come. The product is also used for discharging mashes, dough, slurry, and pulp from paper recycling units. It also find lucrative application in wastewater treatment units and anaerobic digestion facilities. Large-scale utilization of the product in oil & gas, chemical, food & beverages, and petrochemical sectors will boost the market trends.
North America To Lead Overall Market Expansion Over 2020-2026
The regional market growth over the forecast period is credited to massive demand for the product across wastewater treatment, oil & gas, and chemical sectors in the countries like the U.S. Apart from this, need for upgrading water infrastructure facility & reshoring of production activities in the developed countries like the U.S. will embellish the regional market trends.
Key participants influencing the market growth include are Borets, National Oilwell, Weatherford, PCM, Schlumberger, Halliburton, Xylem, CIRCOR, National Oil Well, PCM, NETZSCH, Dover, and Seepex.
The global progressing cavity pump market is segmented as follows:
By Power Rating
By End-User
By Region
Introduction
A progressing cavity pump is a kind of positive displacement pump that is also referred to as progressing cavity pump. Moreover, it transfers liquids via pump by means of tiny and fixed-shape discrete cavities. These products are utilized in fluid meters as well as pumping of viscous & shear sensitive objects. Furthermore, progressing cavity pumps are deployed for effectively handling viscous liquids at high rate of flows and in applications involving huge pressure of discharge requiring smooth amount of flow. These products are set up where there is a high pressure release requirement.
Market Growth Dynamics
Beneficial features including abrasion resistance, low proportion of surface noise, and low maintenance requirement will steer the growth of progressing cavity pump industry over the forecast timeline. Apart from this, the product finds extensive usage in liquid possessing high thickness & viscosity as compared to water in order to enhance its volumetric & mechanical proficiency along with raising its viscosity.
Furthermore, a surge in infrastructural funding activities for improving wastewater infrastructure and infrastructural growth will embellish the market growth over the years to come. The product is also used for discharging mashes, dough, slurry, and pulp from paper recycling units. It also find lucrative application in wastewater treatment units and anaerobic digestion facilities. Large-scale utilization of the product in oil & gas, chemical, food & beverages, and petrochemical sectors will boost the market trends.
North America To Lead Overall Market Expansion Over 2020-2026
The regional market growth over the forecast period is credited to massive demand for the product across wastewater treatment, oil & gas, and chemical sectors in the countries like the U.S. Apart from this, need for upgrading water infrastructure facility & reshoring of production activities in the developed countries like the U.S. will embellish the regional market trends.
Key participants influencing the market growth include are Borets, National Oilwell, Weatherford, PCM, Schlumberger, Halliburton, Xylem, CIRCOR, National Oil Well, PCM, NETZSCH, Dover, and Seepex.
The global progressing cavity pump market is segmented as follows:
By Power Rating
- Up To 50 hp
- 51–150 hp
- Above 150 hp
By End-User
- Oil & Gas
- By Application (Onshore and Offshore)
- By Well Type (Horizontal/Directional and Vertical Well)
- Water & Waste Management
- Food & Beverage
- Chemical & Petrochemical
- Others
By Region
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table of Contents
- Chapter 1. Preface
- 1.1. Report Description and Scope
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
- Chapter 2. Executive Summary
- 2.1. Progressing Cavity Pump Market, 2016–2026(USD Billion)
- 2.2. Progressing Cavity Pump Market: Snapshot
- Chapter 3. Global Progressing Cavity Pump Market– Industry Analysis
- 3.1. Progressing Cavity Pump Market: Market Dynamics
- 3.2. Market Drivers
- 3.2.1. Beneficial product characteristics such as abrasion resistance, low proportion of surface noise, and low maintenance requirement
- 3.2.2. A surge in infrastructural funding activities for improving wastewater infrastructure as well as infrastructural growth
- 3.3. Porter’s Five Forces Analysis
- 3.4. Market Attractiveness Analysis
- 3.4.1. Market attractiveness analysis By Power Rating
- 3.4.2. Market attractiveness analysis By End-User
- Chapter 4. Global Progressing Cavity Pump Market– Competitive Landscape
- 4.1. Company market share analysis
- 4.1.1. Global Progressing Cavity Pump Market: company market share, 2019
- 4.2. Strategic development
- 4.2.1. Acquisitions & mergers
- 4.2.2. New Product launches
- 4.2.3. Agreements, partnerships, collaborations, and joint ventures
- 4.2.4. Research and development and Regional expansion
- 4.3. Price trend analysis
- 4.1. Company market share analysis
- Chapter 5. Global Progressing Cavity Pump Market–Power Rating Analysis
- 5.1. Global Progressing Cavity Pump Market overview: By Power Rating
- 5.1.1. Global Progressing Cavity Pump Market share, By Power Rating,2019 and 2026
- 5.2. Up To 50 hp
- 5.2.1. Global Progressing Cavity Pump Market by Up To 50 hp, 2016–2026(USD Billion)
- 5.3. 51-150 hp
- 5.3.1. Global Progressing Cavity Pump Market by 51-150 hp, 2016–2026(USD Billion)
- 5.4. Above 150 hp
- 5.4.1. Global Progressing Cavity Pump Market by Above 150 hp, 2016–2026(USD Billion)
- 5.1. Global Progressing Cavity Pump Market overview: By Power Rating
- Chapter 6. Global Progressing Cavity Pump Market– End-User Analysis
- 6.1. Global Progressing Cavity Pump Market overview: By End-User
- 6.1.1. Global Progressing Cavity Pump Market share, By End-User, 2019 and 2026
- 6.2. Water & Wastewater
- 6.2.1. Global Progressing Cavity Pump Market By Water & Wastewater, 2016–2026(USD Billion)
- 6.3. Oil & Gas
- 6.3.1. Global Progressing Cavity Pump Market By Oil & Gas , 2016–2026(USD Billion)
- 6.4. Chemical & Petrochemical
- 6.4.1. Global Progressing Cavity Pump Market By Chemical & Petrochemical, 2016–2026(USD Billion)
- 6.5. Food & Beverage
- 6.5.1. Global Progressing Cavity Pump Market By Food & Beverage, 2016–2026(USD Billion)
- 6.6. Others
- 6.6.1. Global Progressing Cavity Pump Market By Others, 2016–2026(USD Billion)
- 6.1. Global Progressing Cavity Pump Market overview: By End-User
- Chapter 7. Company Profiles
- 7.1. PCM
- 7.1.1. Overview
- 7.1.2. Financials
- 7.1.3. Product Portfolio
- 7.1.4. Business Strategy
- 7.1.5. Recent Developments
- 7.2. Schlumberger
- 7.2.1. Overview
- 7.2.2. Financials
- 7.2.3. Product Portfolio
- 7.2.4. Business Strategy
- 7.2.5. Recent Developments
- 7.3. Xylem
- 7.3.1. Overview
- 7.3.2. Financials
- 7.3.3. Product Portfolio
- 7.3.4. Business Strategy
- 7.3.5. Recent Developments
- 7.4. National Oil Well
- 7.4.1. Overview
- 7.4.2. Financials
- 7.4.3. Product Portfolio
- 7.4.4. Business Strategy
- 7.4.5. Recent Developments
- 7.5. PCM
- 7.5.1. Overview
- 7.5.2. Financials
- 7.5.3. Product Portfolio
- 7.5.4. Business Strategy
- 7.5.5. Recent Development
- 7.6. NETZSCH
- 7.6.1. Overview
- 7.6.2. Financials
- 7.6.3. Product Portfolio
- 7.6.4. Business Strategy
- 7.6.5. Recent Development
- 7.7. Halliburton
- 7.7.1. Overview
- 7.7.2. Financials
- 7.7.3. Product Portfolio
- 7.7.4. Business Strategy
- 7.7.5. Recent Development
- 7.8. Weatherford
- 7.8.1. Overview
- 7.8.2. Financials
- 7.8.3. Product Portfolio
- 7.8.4. Business Strategy
- 7.8.5. Recent Development
- 7.9. Dover
- 7.9.1. Overview
- 7.9.2. Financials
- 7.9.3. Product Portfolio
- 7.9.4. Business Strategy
- 7.9.5. Recent Development
- 7.10. Borets
- 7.10.1. Overview
- 7.10.2. Financials
- 7.10.3. Product Portfolio
- 7.10.4. Business Strategy
- 7.10.5. Recent Development
- 7.11. CIRCOR
- 7.11.1. Overview
- 7.11.2. Financials
- 7.11.3. Product Portfolio
- 7.11.4. Business Strategy
- 7.11.5. Recent Development
- 7.12. National Oilwell
- 7.12.1. Overview
- 7.12.2. Financials
- 7.12.3. Product Portfolio
- 7.12.4. Business Strategy
- 7.12.5. Recent Development
- 7.13. Seepex
- 7.13.1. Overview
- 7.13.2. Financials
- 7.13.3. Product Portfolio
- 7.13.4. Business Strategy
- 7.13.5. Recent Development
- 7.1. PCM
