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Cargo Pump System Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

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  • 79 Pages
  • January 2025
  • Region: Global
  • Prof Research
  • ID: 6036616
Description Jump to:
The cargo pump system market is driven by the growing demand for efficient and reliable pumping systems in various maritime applications, particularly in the transportation of crude oil, chemicals, and offshore oil and gas exploration. These systems are critical for transferring liquid cargoes, ensuring safety, and improving operational efficiency in tankers and floating production storage and offloading units (FPSO). With the increasing global trade in bulk liquids and the expanding offshore oil and gas sector, the market for cargo pump systems is expected to grow steadily over the coming years.

Market Size

The cargo pump system market is projected to grow at a compound annual growth rate (CAGR) of 3.5% to 4.5% during the forecast period. The increasing demand for tankers and FPSOs, particularly in the crude oil and chemical sectors, is expected to drive this growth. Additionally, the adoption of advanced cargo pump technologies designed to improve operational efficiency and reduce environmental impact will contribute to the market's expansion.

Market Share & Trends Analysis

By Product Type

Cargo pump systems vary based on application and design, with key types including centrifugal pumps, positive displacement pumps, and screw pumps. Centrifugal pumps are widely used in crude oil tankers, while screw pumps are commonly found in chemical tankers due to their ability to handle a range of liquid viscosities. The demand for centrifugal pumps is expected to grow at a CAGR of 3.0% to 4.0%, driven by the growing number of crude oil tanker fleets globally. Meanwhile, the demand for positive displacement pumps in chemical tankers is projected to grow at a CAGR of 4.0% to 5.0%, supported by the increasing chemical trade and the need for precise and efficient liquid transfer systems.

By Application

  • Crude Oil Tanker: Cargo pumps used in crude oil tankers represent the largest segment in the market. This sector is expected to grow at a CAGR of 3.5% to 4.5% due to the steady demand for crude oil worldwide and the continuous growth of global oil trade.
  • Chemical Tanker: The demand for cargo pump systems in chemical tankers is also on the rise, driven by the expansion of the global chemical industry. This segment is projected to grow at a CAGR of 4.0% to 5.0%, with an increasing focus on efficient and safe handling of hazardous liquids.
  • FPSO: The FPSO sector is expected to experience rapid growth in the coming years, driven by the rising exploration and production activities in offshore oil fields. This segment is expected to grow at a CAGR of 4.5% to 5.5%, with a rising demand for advanced pumping systems in offshore platforms for oil production.

By Key Players

Several key market players dominate the cargo pump system industry, offering a range of products suited to different applications. These players include:
  • Framo: A leading provider of cargo pump systems, Framo offers reliable and efficient pumping solutions for crude oil tankers and FPSOs, with a strong focus on safety and operational efficiency.
  • Swanehoj: Known for its high-quality and innovative cargo pump systems, Swanehoj serves a diverse range of applications, including chemical and crude oil tankers.
  • DESMI: DESMI is a prominent supplier of pumping solutions for marine applications, with a reputation for delivering energy-efficient and environmentally friendly products.
  • Shinko: Shinko offers a range of cargo pump systems designed for both crude oil and chemical tankers, with advanced features aimed at improving operational efficiency.
  • Wuhan Marine Machinery Plant: Known for manufacturing a variety of marine equipment, Wuhan Marine Machinery Plant provides reliable cargo pump systems used in crude oil and chemical tankers.
  • Marflex: Marflex is a key supplier of cargo pumps for the chemical tanker and FPSO sectors, specializing in reliable and high-performance pumping solutions.
  • Hyowon: Hyowon is a key player in the cargo pump market, offering efficient and robust pumping systems for both chemical and crude oil tankers.

By Region

The cargo pump system market shows different growth patterns across various regions, with the following regional growth expectations:
  • North America: The North American market for cargo pump systems is expected to grow at a CAGR of 3.0% to 4.0%, driven by the increasing demand for tankers and FPSOs in the U.S. and Canada, particularly in the oil and gas sector.
  • Europe: The European market is expected to see moderate growth at a CAGR of 3.5% to 4.5%, with demand driven by the need for efficient pumping systems in the region's chemical and crude oil tanker fleets.
  • Asia-Pacific: Asia-Pacific is projected to experience the highest growth in the cargo pump system market, with a CAGR of 4.5% to 5.5%, due to the region's expanding oil and chemical tanker fleets and increasing FPSO activity.
  • Middle East & Africa: The Middle East & Africa market is expected to grow at a CAGR of 3.0% to 4.0%, supported by the rising offshore oil exploration activities and the need for cargo pumping solutions in both crude oil tankers and FPSOs.

Growth Outlook (2025-2030)

Application Growth

  • Crude Oil Tanker: The crude oil tanker sector will continue to experience growth, with a CAGR of 3.5% to 4.5%, driven by the steady demand for crude oil globally.
  • Chemical Tanker: The chemical tanker segment is projected to see steady growth at a CAGR of 4.0% to 5.0%, fueled by the increasing demand for chemical transport and the adoption of advanced pump technologies.
  • FPSO: The FPSO sector is anticipated to grow significantly, with a CAGR of 4.5% to 5.5%, driven by increased offshore oil exploration and production activities.

Regional Growth Outlook

Asia-Pacific is expected to lead the growth in cargo pump systems, followed by strong growth in North America and the Middle East, as offshore and tanker fleet activities continue to increase globally.

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Table of Contents

Chapter 1 Executive SummaryChapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
5.6 COVID-19 Impact
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Cargo Pump System Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Cargo Pump System by Region
8.2 Import of Cargo Pump System by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Cargo Pump System Market in North America (2020-2030)
9.1 Cargo Pump System Market Size
9.2 Cargo Pump System Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Cargo Pump System Market in South America (2020-2030)
10.1 Cargo Pump System Market Size
10.2 Cargo Pump System Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Cargo Pump System Market in Asia & Pacific (2020-2030)
11.1 Cargo Pump System Market Size
11.2 Cargo Pump System Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southeast Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Cargo Pump System Market in Europe (2020-2030)
12.1 Cargo Pump System Market Size
12.2 Cargo Pump System Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Cargo Pump System Market in MEA (2020-2030)
13.1 Cargo Pump System Market Size
13.2 Cargo Pump System Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Cargo Pump System Market (2020-2025)
14.1 Cargo Pump System Market Size
14.2 Cargo Pump System Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Cargo Pump System Market Forecast (2025-2030)
15.1 Cargo Pump System Market Size Forecast
15.2 Cargo Pump System Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
16.1 Framo
16.1.1 Company Profile
16.1.2 Main Business and Cargo Pump System Information
16.1.3 SWOT Analysis of Framo
16.1.4 Framo Cargo Pump System Sales, Revenue, Price and Gross Margin (2020-2025)
16.2 Swanehoj
16.2.1 Company Profile
16.2.2 Main Business and Cargo Pump System Information
16.2.3 SWOT Analysis of Swanehoj
16.2.4 Swanehoj Cargo Pump System Sales, Revenue, Price and Gross Margin (2020-2025)
16.3 DESMI
16.3.1 Company Profile
16.3.2 Main Business and Cargo Pump System Information
16.3.3 SWOT Analysis of DESMI
16.3.4 DESMI Cargo Pump System Sales, Revenue, Price and Gross Margin (2020-2025)
16.4 Shinko
16.4.1 Company Profile
16.4.2 Main Business and Cargo Pump System Information
16.4.3 SWOT Analysis of Shinko
16.4.4 Shinko Cargo Pump System Sales, Revenue, Price and Gross Margin (2020-2025)
16.5 Wuhan Marine Machinery Plant
16.5.1 Company Profile
16.5.2 Main Business and Cargo Pump System Information
16.5.3 SWOT Analysis of Wuhan Marine Machinery Plant
16.5.4 Wuhan Marine Machinery Plant Cargo Pump System Sales, Revenue, Price and Gross Margin (2020-2025)
16.6 Marflex
16.6.1 Company Profile
16.6.2 Main Business and Cargo Pump System Information
16.6.3 SWOT Analysis of Marflex
16.6.4 Marflex Cargo Pump System Sales, Revenue, Price and Gross Margin (2020-2025)
16.7 Hyowon
16.7.1 Company Profile
16.7.2 Main Business and Cargo Pump System Information
16.7.3 SWOT Analysis of Hyowon
16.7.4 Hyowon Cargo Pump System Sales, Revenue, Price and Gross Margin (2020-2025)
List of Tables and Figures
Table Abbreviation and Acronyms List
Table Research Scope of Cargo Pump System Report
Table Data Sources of Cargo Pump System Report
Table Major Assumptions of Cargo Pump System Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Cargo Pump System Picture
Table Cargo Pump System Classification
Table Cargo Pump System Applications List
Table Drivers of Cargo Pump System Market
Table Restraints of Cargo Pump System Market
Table Opportunities of Cargo Pump System Market
Table Threats of Cargo Pump System Market
Table COVID-19 Impact For Cargo Pump System Market
Table Raw Materials Suppliers List
Table Different Production Methods of Cargo Pump System
Table Cost Structure Analysis of Cargo Pump System
Table Key End Users List
Table Latest News of Cargo Pump System Market
Table Merger and Acquisition List
Table Planned/Future Project of Cargo Pump System Market
Table Policy of Cargo Pump System Market
Table 2020-2030 Regional Export of Cargo Pump System
Table 2020-2030 Regional Import of Cargo Pump System
Table 2020-2030 Regional Trade Balance
Figure 2020-2030 Regional Trade Balance
Table 2020-2030 North America Cargo Pump System Market Size and Market Volume List
Figure 2020-2030 North America Cargo Pump System Market Size and CAGR
Figure 2020-2030 North America Cargo Pump System Market Volume and CAGR
Table 2020-2030 North America Cargo Pump System Demand List by Application
Table 2020-2025 North America Cargo Pump System Key Players Sales List
Table 2020-2025 North America Cargo Pump System Key Players Market Share List
Table 2020-2030 North America Cargo Pump System Demand List by Type
Table 2020-2025 North America Cargo Pump System Price List by Type
Table 2020-2030 United States Cargo Pump System Market Size and Market Volume List
Table 2020-2030 United States Cargo Pump System Import & Export List
Table 2020-2030 Canada Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Canada Cargo Pump System Import & Export List
Table 2020-2030 Mexico Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Mexico Cargo Pump System Import & Export List
Table 2020-2030 South America Cargo Pump System Market Size and Market Volume List
Figure 2020-2030 South America Cargo Pump System Market Size and CAGR
Figure 2020-2030 South America Cargo Pump System Market Volume and CAGR
Table 2020-2030 South America Cargo Pump System Demand List by Application
Table 2020-2025 South America Cargo Pump System Key Players Sales List
Table 2020-2025 South America Cargo Pump System Key Players Market Share List
Table 2020-2030 South America Cargo Pump System Demand List by Type
Table 2020-2025 South America Cargo Pump System Price List by Type
Table 2020-2030 Brazil Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Brazil Cargo Pump System Import & Export List
Table 2020-2030 Argentina Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Argentina Cargo Pump System Import & Export List
Table 2020-2030 Chile Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Chile Cargo Pump System Import & Export List
Table 2020-2030 Peru Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Peru Cargo Pump System Import & Export List
Table 2020-2030 Asia & Pacific Cargo Pump System Market Size and Market Volume List
Figure 2020-2030 Asia & Pacific Cargo Pump System Market Size and CAGR
Figure 2020-2030 Asia & Pacific Cargo Pump System Market Volume and CAGR
Table 2020-2030 Asia & Pacific Cargo Pump System Demand List by Application
Table 2020-2025 Asia & Pacific Cargo Pump System Key Players Sales List
Table 2020-2025 Asia & Pacific Cargo Pump System Key Players Market Share List
Table 2020-2030 Asia & Pacific Cargo Pump System Demand List by Type
Table 2020-2025 Asia & Pacific Cargo Pump System Price List by Type
Table 2020-2030 China Cargo Pump System Market Size and Market Volume List
Table 2020-2030 China Cargo Pump System Import & Export List
Table 2020-2030 India Cargo Pump System Market Size and Market Volume List
Table 2020-2030 India Cargo Pump System Import & Export List
Table 2020-2030 Japan Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Japan Cargo Pump System Import & Export List
Table 2020-2030 South Korea Cargo Pump System Market Size and Market Volume List
Table 2020-2030 South Korea Cargo Pump System Import & Export List
Table 2020-2030 Southeast Asia Cargo Pump System Market Size List
Table 2020-2030 Southeast Asia Cargo Pump System Market Volume List
Table 2020-2030 Southeast Asia Cargo Pump System Import List
Table 2020-2030 Southeast Asia Cargo Pump System Export List
Table 2020-2030 Australia Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Australia Cargo Pump System Import & Export List
Table 2020-2030 Europe Cargo Pump System Market Size and Market Volume List
Figure 2020-2030 Europe Cargo Pump System Market Size and CAGR
Figure 2020-2030 Europe Cargo Pump System Market Volume and CAGR
Table 2020-2030 Europe Cargo Pump System Demand List by Application
Table 2020-2025 Europe Cargo Pump System Key Players Sales List
Table 2020-2025 Europe Cargo Pump System Key Players Market Share List
Table 2020-2030 Europe Cargo Pump System Demand List by Type
Table 2020-2025 Europe Cargo Pump System Price List by Type
Table 2020-2030 Germany Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Germany Cargo Pump System Import & Export List
Table 2020-2030 France Cargo Pump System Market Size and Market Volume List
Table 2020-2030 France Cargo Pump System Import & Export List
Table 2020-2030 United Kingdom Cargo Pump System Market Size and Market Volume List
Table 2020-2030 United Kingdom Cargo Pump System Import & Export List
Table 2020-2030 Italy Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Italy Cargo Pump System Import & Export List
Table 2020-2030 Spain Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Spain Cargo Pump System Import & Export List
Table 2020-2030 Belgium Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Belgium Cargo Pump System Import & Export List
Table 2020-2030 Netherlands Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Netherlands Cargo Pump System Import & Export List
Table 2020-2030 Austria Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Austria Cargo Pump System Import & Export List
Table 2020-2030 Poland Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Poland Cargo Pump System Import & Export List
Table 2020-2030 Russia Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Russia Cargo Pump System Import & Export List
Table 2020-2030 MEA Cargo Pump System Market Size and Market Volume List
Figure 2020-2030 MEA Cargo Pump System Market Size and CAGR
Figure 2020-2030 MEA Cargo Pump System Market Volume and CAGR
Table 2020-2030 MEA Cargo Pump System Demand List by Application
Table 2020-2025 MEA Cargo Pump System Key Players Sales List
Table 2020-2025 MEA Cargo Pump System Key Players Market Share List
Table 2020-2030 MEA Cargo Pump System Demand List by Type
Table 2020-2025 MEA Cargo Pump System Price List by Type
Table 2020-2030 Egypt Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Egypt Cargo Pump System Import & Export List
Table 2020-2030 Israel Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Israel Cargo Pump System Import & Export List
Table 2020-2030 South Africa Cargo Pump System Market Size and Market Volume List
Table 2020-2030 South Africa Cargo Pump System Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Cargo Pump System Import & Export List
Table 2020-2030 Turkey Cargo Pump System Market Size and Market Volume List
Table 2020-2030 Turkey Cargo Pump System Import & Export List
Table 2020-2025 Global Cargo Pump System Market Size List by Region
Table 2020-2025 Global Cargo Pump System Market Size Share List by Region
Table 2020-2025 Global Cargo Pump System Market Volume List by Region
Table 2020-2025 Global Cargo Pump System Market Volume Share List by Region
Table 2020-2025 Global Cargo Pump System Demand List by Application
Table 2020-2025 Global Cargo Pump System Demand Market Share List by Application
Table 2020-2025 Global Cargo Pump System Key Vendors Sales List
Table 2020-2025 Global Cargo Pump System Key Vendors Sales Share List
Figure 2020-2025 Global Cargo Pump System Market Volume and Growth Rate
Table 2020-2025 Global Cargo Pump System Key Vendors Revenue List
Figure 2020-2025 Global Cargo Pump System Market Size and Growth Rate
Table 2020-2025 Global Cargo Pump System Key Vendors Revenue Share List
Table 2020-2025 Global Cargo Pump System Demand List by Type
Table 2020-2025 Global Cargo Pump System Demand Market Share List by Type
Table 2020-2025 Regional Cargo Pump System Price List
Table 2025-2030 Global Cargo Pump System Market Size List by Region
Table 2025-2030 Global Cargo Pump System Market Size Share List by Region
Table 2025-2030 Global Cargo Pump System Market Volume List by Region
Table 2025-2030 Global Cargo Pump System Market Volume Share List by Region
Table 2025-2030 Global Cargo Pump System Demand List by Application
Table 2025-2030 Global Cargo Pump System Demand Market Share List by Application
Table 2025-2030 Global Cargo Pump System Key Vendors Sales List
Table 2025-2030 Global Cargo Pump System Key Vendors Sales Share List
Figure 2025-2030 Global Cargo Pump System Market Volume and Growth Rate
Table 2025-2030 Global Cargo Pump System Key Vendors Revenue List
Figure 2025-2030 Global Cargo Pump System Market Size and Growth Rate
Table 2025-2030 Global Cargo Pump System Key Vendors Revenue Share List
Table 2025-2030 Global Cargo Pump System Demand List by Type
Table 2025-2030 Global Cargo Pump System Demand Market Share List by Type
Table 2025-2030 Cargo Pump System Regional Price List
Table Framo Information
Table SWOT Analysis of Framo
Table 2020-2025 Framo Cargo Pump System Sale Volume Price Cost Revenue
Figure 2020-2025 Framo Cargo Pump System Sale Volume and Growth Rate
Figure 2020-2025 Framo Cargo Pump System Market Share
Table Swanehoj Information
Table SWOT Analysis of Swanehoj
Table 2020-2025 Swanehoj Cargo Pump System Sale Volume Price Cost Revenue
Figure 2020-2025 Swanehoj Cargo Pump System Sale Volume and Growth Rate
Figure 2020-2025 Swanehoj Cargo Pump System Market Share
Table DESMI Information
Table SWOT Analysis of DESMI
Table 2020-2025 DESMI Cargo Pump System Sale Volume Price Cost Revenue
Figure 2020-2025 DESMI Cargo Pump System Sale Volume and Growth Rate
Figure 2020-2025 DESMI Cargo Pump System Market Share
Table Shinko Information
Table SWOT Analysis of Shinko
Table 2020-2025 Shinko Cargo Pump System Sale Volume Price Cost Revenue
Figure 2020-2025 Shinko Cargo Pump System Sale Volume and Growth Rate
Figure 2020-2025 Shinko Cargo Pump System Market Share
Table Wuhan Marine Machinery Plant Information
Table SWOT Analysis of Wuhan Marine Machinery Plant
Table 2020-2025 Wuhan Marine Machinery Plant Cargo Pump System Sale Volume Price Cost Revenue
Figure 2020-2025 Wuhan Marine Machinery Plant Cargo Pump System Sale Volume and Growth Rate
Figure 2020-2025 Wuhan Marine Machinery Plant Cargo Pump System Market Share
Table Marflex Information
Table SWOT Analysis of Marflex
Table 2020-2025 Marflex Cargo Pump System Sale Volume Price Cost Revenue
Figure 2020-2025 Marflex Cargo Pump System Sale Volume and Growth Rate
Figure 2020-2025 Marflex Cargo Pump System Market Share
Table Hyowon Information
Table SWOT Analysis of Hyowon
Table 2020-2025 Hyowon Cargo Pump System Sale Volume Price Cost Revenue
Figure 2020-2025 Hyowon Cargo Pump System Sale Volume and Growth Rate
Figure 2020-2025 Hyowon Cargo Pump System Market Share

Companies Mentioned

  • Framo
  • Swanehoj
  • DESMI
  • Shinko
  • Wuhan Marine Machinery Plant
  • Marflex
  • Hyowon

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