Volute Pumps Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2021-2031

The Global Volute Pumps Market is projected to grow from USD 20.11 Billion in 2025 to USD 25.71 Billion by 2031, registering a CAGR of 4.18%. Volute pumps, characterized by a spiral casing that efficiently converts fluid velocity into pressure, are witnessing increased adoption driven by the expanding need for water and wastewater treatment infrastructure and reliable agricultural irrigation systems. Furthermore, the sustained application of these pumps in the power generation and chemical processing industries serves as a foundational driver for demand, ensuring market stability independent of transient technological trends.

However, the industry faces significant hurdles due to global economic instability, which has dampened capital investment in heavy industrial machinery. Fluctuating raw material costs and high energy prices are straining manufacturing budgets, leading to delays in new project installations. According to the VDMA, global turnover for machinery and equipment reached an estimated 3.26 trillion euros in 2024, representing a 1.5% decline compared to the previous year. This contraction in the broader machinery sector highlights the financial headwinds that could impede the immediate growth trajectory of the volute pumps market.

Market Drivers

The escalating global demand for water and wastewater treatment infrastructure acts as the primary catalyst for the volute pumps market. As urbanization accelerates and freshwater scarcity intensifies, governments are directing massive capital toward upgrading aging municipal systems and constructing new desalination and sewage treatment facilities, where these pumps are essential for handling large volumes of fluid containing suspended solids. This infrastructure boom is evident in national expenditures; according to Xinhua's January 2024 report on China's water conservancy, investment in the country reached a historic high of 1.1996 trillion yuan in 2023, directly driving procurement orders for heavy-duty centrifugal pumps in the Asia-Pacific region.

Simultaneously, the market is being reshaped by strict environmental regulations and a shift toward energy-efficient fluid handling solutions. Industrial operators are aggressively replacing legacy equipment with advanced pump designs that minimize energy consumption and carbon footprints, a trend that offers significant operational cost savings in energy-intensive sectors. This shift is reflected in financial performance; Grundfos reported in March 2024 that its 2023 sales revenue reached a record 34.4 billion DKK, driven by demand for water and climate solutions. Similarly, KSB SE & Co. KGaA reported a robust order intake of approximately 2.96 billion euros in its 2023 Annual Report, underscoring the resilient demand for high-performance pumps despite economic headwinds.

Market Challenges

Global economic instability acts as a substantial obstacle for the volute pumps market, primarily by suppressing the capital investment required for heavy industrial machinery and infrastructure projects. As industries struggle with fluctuating raw material costs and high energy prices, corporate decision-makers often postpone the installation of new fluid handling systems, opting instead to extend the lifespan of existing assets. This financial caution directly reduces the intake of new volute pumps, which rely heavily on expansion within the chemical processing, power generation, and wastewater treatment sectors.

The impact of this economic strain is quantifiable within the manufacturing sector. According to the VDMA, price-adjusted production output in the European Union machinery and equipment sector shrank by 7 percent in 2024. Since volute pumps are integral components of this broader machinery landscape, such a contraction in production output reflects a tangible decline in demand for these devices. Consequently, this reduced industrial activity limits revenue streams for pump manufacturers and hampers the overall growth trajectory of the market.

Market Trends

The deployment of volute pumps in renewable energy infrastructures is expanding rapidly as the sector transitions toward handling alternative fuels such as green ammonia, methanol, and hydrogen. Unlike traditional water transport, these "Power-to-X" applications require specialized volute designs capable of managing low-viscosity, cryogenic, or hazardous fluids without leaking. Manufacturers are re-engineering hydraulic paths to ensure material compatibility with these aggressive media, driving substantial order growth in the clean energy segment, as evidenced by ITT Inc.'s February 2025 report stating that orders for its Svanehøj business grew 26% for the full year 2024 due to its leadership in cleaner fuels.

A distinct shift towards double volute configurations for high-pressure stability is also gaining momentum, particularly within the revitalized power generation and nuclear sectors. Single volute pumps often suffer from significant radial thrust imbalance when operating away from the best efficiency point, leading to mechanical stress, whereas double volute geometries balance these forces to enhance equipment reliability. This demand for robust hydraulic stability is validated by recent market activity; Flowserve Corporation reported in February 2025 that power bookings increased more than 40% year-over-year in 2024, underscoring the critical need for reliable equipment in modern energy facilities.

Key Players Profiled in the Volute Pumps Market

• Grundfos Holding A/S
• Flowserve Corporation
• KSB SE & Co. KGaA
• Xylem Inc.
• ITT Inc.
• Wilo SE
• Pentair PLC
• SPX FLOW, Inc.
• Xylem Inc.

Report Scope

In this report, the Global Volute Pumps Market has been segmented into the following categories:

Volute Pumps Market, by Pump Type:

• Single-Stage Volute Pumps
• Multi-Stage Volute Pumps

Volute Pumps Market, by Discharge Direction:

• Horizontal Volute Pumps
• Vertical Volute Pumps

Volute Pumps Market, by Industry:

• Water & Wastewater Treatment
• Power Generation
• Oil & Gas
• Chemical Processing
• Mining

Volute Pumps Market, by Region:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Volute Pumps Market.

Available Customization

The analyst offers customization according to your specific needs. The following customization options are available for the report:

• Detailed analysis and profiling of additional market players (up to five).

This product will be delivered within 1-3 business days.