Positive Displacement Pumps Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029

Overview:

An industrial pump is a device used to transfer fluids (gases or liquids), or sometimes semi-liquid mixture by mechanical action. A positive displacement pump is a type of industrial pump used to displace or transfer fluid from the inlet pressure division into the discharge tube/pipe. Unlike centrifugal pumps, positive displacement pumps transfer fluids at the same speed irrespective of the pressure. In addition, advantages offered in form of better suction capacity and capability to handle high viscosity and pressure make positive displacement pumps suitable to be used across wide range of industry verticals including oil and gas, chemicals, water and wastewater, food and beverage, industrial machinery, pharmaceutical, power generation, mining, pulp and paper aerospace, automotive, agriculture, and construction. The global positive displacement pumps market is moderately matured and is expected to witness steady growth during the forecast period 2021 - 2029.

The global positive displacement market is expected to grow from US$ 2.61 Bn in 2020 to US$ 4.12 Bn in 2029, growing at a CAGR of 5.5% during the forecast period 2021 - 2029.

This report analyzes the global positive displacement pumps market in terms of type, end-use application, and geography. Based on type, the global positive displacement pumps market is segregated into rotary pumps (gear pumps, lobe pumps, vane pumps, and progressing cavity/multiple screw pumps), reciprocating pumps, and peristaltic pumps. Similarly, on the basis of end-use application, the global market for positive displacement pumps is further classified into oil and gas, chemicals, water and wastewater, food and beverage, pharmaceutical, power generation, and other end-use applications (pulp and paper, automotive, construction, etc.). The geographical distribution of the global Positive Displacement pumps market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

1.1 Report Description

Purpose of the Report

The purpose of this strategic research study titled “Global Positive Displacement Pumps Market - Growth, Share, Opportunities, and Competitive Analysis, 2021 - 2029” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the positive displacement pumps market.

1.1.1 Target Audience

• Industry Investors
• Positive Displacement Pump Manufacturers
• Pump Manufacturers
• Other Component Manufacturers
• Distributors, Retailers, and End-users

1.1.2 USP and Key Offerings

The report titled “Global Positive Displacement Pumps Market - Growth, Share, Opportunities, and Competitive Analysis, 2021 - 2029” offers strategic insights into the global positive displacement pumps market along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of multiple market segments based on type, application, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading positive displacement pump manufacturers, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and recent developments.

Other in-depth analysis provided in the report includes:

• An overview of the global positive displacement pumps market
• Current and future market trends to justify the forthcoming attractive sub-markets within the positive displacement pumps market
• Qualitative assessment tools such as market drivers, challenges and future prospects, value chain, and attractive investment proposition.
• Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
• A general overview of the industry structure
• Company profiles highlighting key information about the major players operating in the global positive displacement pumps market
• Market competition scrutiny tools such as market share analysis, fractal map, etc.
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global positive displacement pumps market, offering market size and estimates for the period from 2019 to 2029, keeping in mind the above mentioned factors.

Based on the geography, the global positive displacement sanitary pumps market is segmented as per following regions and countries:

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Rest of Europe
• Asia Pacific
• Japan
• China
• South Asia
• Rest of Asia Pacific
• Rest of the World (RoW)
• Middle East & Africa (MEA)
• Latin America

As of 2021, the overall positive displacement sanitary pumps market worldwide is led by the Asia Pacific region. The region is contributed to more than one third of the total market revenue generated worldwide, in 2021. The market here is principally backed by China, Japan and South Korea having huge industrial manufacturing and processing industry. Due to modernizing manufacturing and processing practices (especially in the food & beverages and pharmaceuticals sectors) in the region, Asia Pacific is poised to remain the dominant regional market throughout the forecast period.

Europe follows the Asia Pacific region, in terms of revenue and volume, of the overall positive displacement sanitary pumps market. The region is primarily governed by the Western Europe countries having strong food & beverages and personal care product manufacturing industry. However, with the rising number of manufacturing facilities in Asia Pacific, the region is set to witness high growth during the forecast period.

Based on industry verticals, the global positive displacement sanitary pumps market is segmented into following categories:

• Food & Beverages
• Pharmaceuticals
• Personal Care
• Water Treatment
• Chemical Processing & Textiles
• Biotechnology
• Others (Electronics, Biofuel, Oil & Gas etc.)

The overall positive displacement sanitary pumps market is collectively led by the food & beverages and personal and home care industry segments. The two segments together account for nearly forty percent of the total revenue generated worldwide. The segment growth is majorly backed by the increasing expenditure over packaged food and other personal care products. Due to rising discretionary income of the people worldwide, the overall spending on these products is projected to remain strong in the coming years, thereby leading to strong industry growth. As a result, the segments would continue to dominate the market throughout the forecast period. The food & beverages and personal care segments are followed by the pharmaceuticals segment contributing to the third largest revenue share.


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