What is the global market size of Positive Displacement Pumps (PDP) Market?

Positive Displacement Pumps (PDP) Market size was valued at USD 12.67 billion in 2021 and is poised to grow from USD 13.22 billion in 2022 to USD 21 billion by 2030, growing at a CAGR of 4.3% in the forecast period (2023-2030).

Global Positive Displacement Pumps (PDP) Market

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 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.

Positive Displacement Pumps (PDP) Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

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).

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. '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'

Rising energy demand and quickly expanding mining operations are expected to increase product demand.

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.

Asia Pacific held the largest 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.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

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

Positive Displacement Pumps (PDP) Market Regional Insights

Positive Displacement Pumps (PDP) Market Report Snapshots

Want to customize this report?

FAQs

What is the market size of Positive Displacement Pumps (PDP) Market?

Who are the key vendors in the Positive Displacement Pumps (PDP) Market?

What is the key driver of Positive Displacement Pumps (PDP) Market?

What is the key market trend for Positive Displacement Pumps (PDP) Market?

Which region accounted for the largest share in Positive Displacement Pumps (PDP) Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300