Press Releases

The global industrial pump market is anticipated to grow at a 5.2% CAGR during the forecast period. Industrial pumps are being adopted in various industries to move different kinds of fluids such as chemicals, water, petroleum, slurry, oil, etc. from one location to another. Factors attributing to the market growth for the global industrial pumps industry include rising investments in the exploration and production activities by oil & gas companies, rapid industrialization, increased electricity demand, the surge in need for effective and durable pumps in light & heavy mechanical industries, and increased investments for renewable power generation will drive the market development of global industrial pumps industry.

Worldwide demand for water and wastewater treatment facilities is expanding due to the rising demand for water supply brought on by the growing population. Additionally, the industrial pump market is anticipated to be driven during the projected period by rising wastewater treatment plant investments as well as rising pump use in these facilities.

Furthermore, increased investment by private enterprises to improve pump reliability and performance, as well as a boom in demand for petrochemicals in Asia Pacific countries such as India, Indonesia, Thailand, and Vietnam, have driven demand for industrial pumps.

In September 2022, Sulzer introduces new dewatering pumps for minor applications. Dewatering pumps are used across mining and civil engineering schemes to keep projects on schedule. Sulzer has completed its range of dewatering pumps for day-to-day water removal with the introduction of five additional types for drainage and sludge applications.

The new J4, J7, JS4, JS7, and JS8 versions, designated as 'J' for drainage and 'JS' for sludge, offer flowrates as low as 5.5 l/s and heads as high as 16 m. Their thin shape and lightweight construction make them easy to move and set up for work.

Bowse 43 market data Tables and 30 Figures spread through 200 Pages and in-depth TOC on " Industrial Pump Market by Type (Centrifugal Pump, Positive Displacement Pump, and Others), by End-Use (Textile, Metal & Mining, Water & Wastewater Treatment, Chemical, Oil & Gas, Power Generation, Agriculture, and Others), and Region - Global Forecast to 2030

By Type, Positive Displacement Pump is anticipated to have a high CAGR during the forecast period.

Positive displacement pumps are anticipated to have a high CAGR during the forecast period. Reciprocating pumps are gaining immense prominence owing to their increased efficacy than centrifugal pumps and their increased adoption in precision dosing and high-pressure output applications. The complex refining process, which requires high temperatures, high pressures, and the capability to handle volatile fluids, is the reason for increased investment in specialized reciprocating pumps. Due to this, the positive displacement pump market is anticipated to expand over the forecast period, propelling the industrial pump industry.

Global Industrial Pump Market Segmentation Analysis

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“Asia-Pacific is anticipated to have the highest market share in the Industrial Pump Market during the forecast period.”

Asia-Pacific is anticipated to contribute the largest share in the industrial pumps market owing to a reduction in groundwater levels in the region. There is an increased need for water reuse, resulting in increased adoption of pumps for building water and waste water infrastructure. The surge in energy demand, significant growth in crude oil refining capacity, and favorable government investment in sustainable energy sources will propel market growth.

Some of the major players in the global Industrial Pump industry include Iwaki America Inc., Enovis (Previously known as Colfax Corporation), ITT INC., Flowserve Corporation, Grundfos Holding A/S, Sulzer Ltd, KSB SE & Co. KGaA, EBARA CORPORATION, SPX Flow, Inc., Xylem.

Scope of the Report

Global Industrial Pump Market Coverage

Type Insight and Forecast 2018-2030

• Centrifugal Pump
  • Axial Flow Pump or Propeller Pump
  • Radial Flow Pump
  • Mixed Flow Pump
• Positive Displacement Pump
  • Reciprocating Pump
    • Piston Pump
    • Diaphragm Pump
  • Rotary Pump
    • Screw Pump
    • Gear Pump
• Others

End-Use Insight and Forecast 2018-2030

• Textile
• Metal & Mining
• Water & Wastewater Treatment
• Chemical
• Oil & Gas
• Power Generation
• Agriculture
• Others

Geographical Segmentation

Industrial Pump Market by Region

North America

• By Type
• By End-Use
• By Country – U.S., Canada, and Mexico

Europe

• By Type
• By End-Use
• By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

• By Type
• By End-Use
• By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Type
• By End-Use
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries