Report ID: SQMIG10D2024
Report ID:
SQMIG10D2024 |
Region:
Global |
Published Date: February, 2024
Pages:
271
|
Tables:
68 |
Figures:
75
Positive Displacement Pumps (PDP) Market Driver
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.
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
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REQUEST FREE CUSTOMIZATIONPositive 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).
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Report ID: SQMIG10D2024