USD 12.67 billion
Positive Displacement Pumps (PDP) Market Size, Share, Growth Analysis, By Type(Reciprocating Pumps, Rotary Pumps, Peristaltic Pumps, Others), By End User(Water treatment, Oil & Gas, Chemicals, Pharmaceutical), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG10D2024 |
Region:
Global |
Published Date: February, 2024
Pages:
271
|Tables:
68
|Figures:
75
Positive Displacement Pumps (PDP) Market Insights
Positive Displacement Pumps (PDP) Market size was valued at USD 12.67 billion in 2019 and is poised to grow from USD 13.22 billion in 2023 to USD 21 billion by 2031, growing at a CAGR of 4.3% in the forecast period (2024-2031).
Positive displacement pumps are frequently employed in a wide range of applications across numerous industry sectors. The fluids that are clogged up in the discharge pipe are largely released using them. High pressure and density make them work by moving the fluid inside the discharge pipe. The product's excellent qualities, particularly its operational efficacies, are responsible for its rising popularity. Hydrocarbon extraction uses positive displacement pumps (PDP). The companies competing in the market will benefit from the increase in popularity of hydrocarbons and the significant efforts made to maximize production and extraction of hydrocarbons. In the coming years, the market will expand as a whole thanks to the incorporation of cutting-edge technologies and current concepts into these products.
The global PDP market is projected to expand as a result of quick investments in various hydrocarbon assets to carry out exploration and production (E&P) activities. Additionally, the industry environment is expected to change for the better as a result of the growing number of new chemical processing plants and the developing steps to treat wastewater to remove toxic effluents. Another kind of pump that is employed to move a predetermined volume of fluid into the discharge zone is the positive displacement pump. For efficient integration in diverse industrial processes, these units produce a very high discharge pressure while operating with a high power density.
US Positive Displacement Pumps (PDP) Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Reciprocating Pumps
Fastest Growth
Reciprocating Pumps
Growth Rate
4.3% CAGR
Global Positive Displacement Pumps (PDP) Market 2022-2028 ($ Bn)
Country Share for Asia-Pacific Region- 2021 (%)
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Positive Displacement Pumps (PDP) Market Segmental Analysis
The Global Positive Displacement Pumps (PDP) Market is segmented based on type, end-user and regions. Based on type, the market is further sub segmented into reciprocating pumps, rotary pumps, peristaltic pumps and other segments. Based on end-user, the market is segregated into water treatment, oil & gas, chemicals, pharmaceutical, food & beverages, power generation and other segments. The regional insights of the market are into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa.
Positive Displacement Pumps (PDP) Market Analysis by Type
The category for reciprocating pumps is estimated to dominate the PDP market because of its broad features and diverse applications. To deliver high-pressure output with precise metering of pump discharges, the pump generally employs a plunger, piston, or diaphragm in continuous back-and-forth movement. Depending on the amount of discharges and suction per crankshaft rotation, reciprocating PDPs are offered in single-acting and double-acting system configurations.
The installation of the rotary pump type segment is projected to be complemented by minimal fluid loss or slippage and fixed casing sizes to preserve clearances between stationary and revolving sections. These devices are easily deployed to propel a variety of abrasive fluids at high pressures, as well as highly viscous fluids like oil and slurries. Therefore, the peristaltic kind of PDPs successfully transfers mechanical energy to the pumping fluid by moving the surrounding walls at predetermined intervals.
Positive Displacement Pumps (PDP) Market Analysis by End User
Due to the increased development of various sized chemical plants and the ongoing need for various chemical products as raw materials to make other goods, it is projected that the chemical segment would experience significant expansion. The end-user market for power generation will benefit from the rapidly expanding residential, commercial, and industrial infrastructure as well as the accelerating rate of urban population movement in emerging economies. Additionally, the demand for multiple earth metals to fabricate effective items for installation in various industry verticals is a major contributor to the mining sector's expansion.
Global Positive Displacement Pumps (PDP) Market By Type, 2021 (%)
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Positive Displacement Pumps (PDP) Market Regional Insights
Asia Pacific held the largest Global Positive Displacement Pumps (PDP) market share. The regional industry environment is projected to advance as hydrocarbon production increases to meet the world's rising energy demand. India, China, Australia, Japan, and other Southeast Asian nations are major participants in the region.
Due to growing offshore operations in the North Sea and strict regulations to prevent wastewater discharges, European industry is predicted to increase steadily. The introduction of encouraging power generation goals by various governments and organizations, together with an increase in mining operations, is also expected to accelerate the uptake of the product. Italy, the UK, Germany, France, and Russia are important contributors to the PDP market in the area.
Global Positive Displacement Pumps (PDP) Market By Geography, 2022-2028
- Largest
- Fastest
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Positive Displacement Pumps (PDP) Market Dynamics
Positive Displacement Pumps (PDP) Market Driver
- Rising energy demand and quickly expanding mining operations are expected to increase product demand.
Due to its great operational efficiency and seldom maintenance requirements, positive displacement pumps are widely used across a range of industry sectors. Due to their capacity to reduce abrasive wear & tear of its components by operating at slow speeds, these are also widely employed in numerous mining activities all over the world. A PDP is installed for mine dewatering and pumping fluids with solid content, and it also provides significant energy savings through high efficiency operation. These units are being adopted in power generation facilities due to their affordable operations, variable pressure output, dependable operations, and optimal displacement design, among other things.
- An increase in the number of chemical production and processing facilities will accelerate market expansion.
With continued investments in new chemical facilities, industrial infrastructures are rapidly developing throughout a number of locations in order to support the PDP market. The units provide high pressure, simple pumping operations for medium to extremely high viscosity fluids. Additionally, these items assist in handling caustic substances including liquid meals, brines, and acids as well as pushing fluids with low vapor pressures.
Positive Displacement Pumps (PDP) Market Restraint
- In a positive displacement pump, the movement of the pistons frequently causes pulsations between the body's input and outflow ports. If these violent pulsations are not addressed, they could cause serious harm to systems close by. An oscillating PDP unit needs a pulsation dampener to treat the oscillations and reduce dangers to other equipment. Since the items do not control the fluid's pressure, they also need pressure relief or safety valves and numerous other wear-and-tear protection components. Because PD pumps use complicated mass balance to address vibration problems, they are also vulnerable to high speeds.
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Positive Displacement Pumps (PDP) Market Competitive Landscape
In order to strengthen the market positions globally, various companies in the market for positive displacement pumps are increasingly taking part in organic and inorganic advancements. In order to broaden the usability of their products across a wider range of industrial verticals, the companies are also broadening their product portfolios by developing high power and more efficient pump units. For instance, the Novados double-acting, double-diaphragm (DADD) pumps were manufactured by the Bran+Luebbe brand under SPX Flow, its parent company, for use in chemical injection processes. The new equipment will handle hazardous chemicals precisely and safely for offshore oil and gas installations while also being lower in weight and having a compact design.
Positive Displacement Pumps (PDP) Market Top Players Company Profiles
- GRUNDFOS (Denmark)
- Flowserve Corporation
- KSB SE & Co. KGaA
- Xylem Inc.
- Sulzer Ltd
- The Weir Group PLC
- Alfa Laval AB
- Dover Corporation
- SPX FLOW Inc.
- Colfax Corporation
- IDEX Corporation
- Gardner Denver Holdings, Inc.
- Verder International B.V.
- ITT Inc.
- Watson-Marlow Fluid Technology Group
- PSG Dover
- Netzsch Pumps & Systems
- Viking Pump, Inc.
- PCM Group
- Lewa GmbH
Positive Displacement Pumps (PDP) Market Recent Developments
- In June 2021, a significant provider of process equipment, Anderson Process, purchased Ohio-based Premier Pump Inc., a top distributor and service provider of pumps. Following the acquisition, Anderson Process will offer the Midwest-based company a variety of process equipment, including pumps, filtration, and more.
- In June 2021, Blackmer, a pioneer in the development of reciprocating compressor technology and specialized pumps, announced the release of its innovative sliding vane pump. By speeding up the unloading and loading of LPG products for trucks, the new device, known as the Blackmer TLGLF3HD, is a customized flange-mounted pump created to boost pump safety and reliability.
Positive Displacement Pumps (PDP) Key Market Trends
- To reduce the risk of component failure, several industry participants are eagerly focusing more on offering end-to-end pump monitoring. Sensors, Wi-Fi, data analytics, modern variable frequency drives, and the Industrial Internet of Things (IoT) are installed to give low-cost solutions for monitoring temperature, vibration, flow rate, and fluid movement. Additionally, these cutting-edge solutions greatly facilitate predictive analysis, accurately assess the equipment's life cycle and performance indicators, and protect the facility from unscheduled downtime.
Positive Displacement Pumps (PDP) Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to our Global Positive Displacement Pumps (PDP) Market analysis, by type the category for reciprocating pumps is estimated to dominate the PDP market because of its broad features and diverse applications. To deliver high-pressure output with precise metering of pump discharges, the pump generally employs a plunger, piston, or diaphragm in continuous back-and-forth movement. Due to the increased development of various sized chemical plants and the ongoing need for various chemical products as raw materials to make other goods, it is projected that the chemical segment would experience significant expansion. Over the forecast period, Asia Pacific is predicted to dominate the market. The regional industry environment is projected to advance as hydrocarbon production increases to meet the world's rising energy demand.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 12.67 billion |
| Market size value in 2031 | USD 21 billion |
| Growth Rate | 4.3% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Positive Displacement Pumps (PDP) Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Positive Displacement Pumps (PDP) Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Positive Displacement Pumps (PDP) Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Positive Displacement Pumps (PDP) Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Positive Displacement Pumps (PDP) Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Positive Displacement Pumps (PDP) Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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