Positive Displacement Pumps Market: Global Analysis, Industry Demand, Trends, Opportunities, Forecast 2027
Category: #business  By Ronak Bora  Date: 2022-07-21
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Positive Displacement Pumps Market: Global Analysis, Industry Demand, Trends, Opportunities, Forecast 2027

The Positive Displacement Pumps Market is poised to grow at more than 3.7% CAGR through 2027. Positive Displacement (PD) pumps are anticipated to experience massive demand from the oil & gas industry across the globe. Continuous technological advents in drilling and hydraulic fracturing technologies are impelling oil & gas companies to reach new and remote oil & gas reserves.

As a result, there has been a notable rise in oil and gas exploration activities across Europe and North America. In fact, in the United States alone, around 90% of oil and gas wells experience hydraulic fracturing to improve production flow rates.

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With flourishing chemical, pulp & paper, and oil & gas industries in the emerging nations, the positive displacement pumps market is slated to undergo positive business development in coming years. PD pumps are increasingly witnessing immense demand from applications that require the handling of highly viscous fluids. This trend would be most notably outlining the industry’s revenue growth curve.

There has been a constant budding demand for these pumps for wastewater management and treatment among end-user industries like refineries, pharma, chemical, and pulp & paper. Rapidly expanding industries and population levels across a number of emerging economies in Asia as well as Africa, have created a highly conducive market environment

The Positive Displacement Pumps Market from water treatment segment is slated to record a revenue of over USD 2.4 billion through 2027. This is on account of water scarcity and increasing strict regulations associated with water recycling and reuse. The increasing demand for PD pumps is ascribed to the surging requirement for waste water management across a range of end-user industries. These pumps help in maintaining the constant flow of liquid regardless of backpressure.

Owing to this, these are used in various positive displacement pump applications across chemicals, refineries, pulp & paper, as well as pharma industries. The rapidly surging population and growing industrialization in developing countries, such as Africa and Asia, have created a proliferating business scenario.

Talking about end-user industries, water treatment facilities are witnessing massive demand around the world. Stringent rules imposed by the government agencies for recycling and reusing the water in face of the ever-growing issue of water scarcity will impel the market growth. With water shortages troubling the world, water scarcity is a major threat the society is facing today, making it one of the UN’s primary millennium development goals.

Europe is a settled market, boasting about the presence of a number of prominent end-user industries. As a result, the positive displacement pumps market in Europe is expected to show lucrative growth in the estimated timeframe.

A lion’s share of this regional growth can be attributed to the increasing number of water treatment facilities being developed across the region. Additionally, increasing number of oil & gas exploration activities will also accelerate the market expansion. Europe registered around 20% of the revenue share in 2020 with the aforementioned activities playing a major role in future growth.

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Some Point from Table of Contents:

Chapter 4   Positive Displacement Pumps Market, Type

4.1    Global Positive Displacement Pumps Market Type insights

4.2    Rotary

4.2.1    Market estimates and forecast, 2017 – 2027

4.2.2    Market estimates and forecast by region, 2017 – 2027

4.2.3    Gear

4.2.3.1    Market estimates and forecast, 2017 – 2027

4.2.3.2    Market estimates and forecast by region, 2017 – 2027

4.2.4    Vane

4.2.4.1    Market estimates and forecast, 2017 – 2027

4.2.4.2    Market estimates and forecast by region, 2017 – 2027

4.2.5    Screw

4.2.5.1    Market estimates and forecast, 2017 – 2027

4.2.5.2    Market estimates and forecast by region, 2017 – 2027

4.2.6    Others

4.2.6.1    Positive Displacement Pumps Market estimates and forecast, 2017 – 2027

4.2.6.2    Market estimates and forecast by region, 2017 – 2027

4.3    Reciprocating

4.3.1    Market estimates and forecast, 2017 – 2027

4.3.2    Market estimates and forecast by region, 2017 – 2027

4.3.3    Diaphragm

4.3.3.1    Market estimates and forecast, 2017 – 2027

4.3.3.2    Market estimates and forecast by region, 2017 – 2027

4.3.4    Piston/Plunger

4.3.4.1    Market estimates and forecast, 2017 – 2027

4.3.4.2    Market estimates and forecast by region, 2017 – 2027

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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