Global Positive Displacement (PD) Pumps market size was valued at US$ XX Mn. in 2019 and the total revenue is expected to grow at 7.12% through 2020 to 2027, reaching nearly US$ XX Mn.
The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report and the same is reflected in our analysis.
Positive Displacement (PD) Pumps are pumps that disperse or displace fluids at a constant rate & volume. The PD pumps are widely used in applications across various industry verticals. They are mainly used to discharge the fluids that are stuck in the discharge pipe.
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Global Positive Displacement (PD) Pumps Market
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The major factors responsible for the growth of the positive displacement (PD) pumps market is the rising demand for wastewater treatment in many industries such as chemical, pharmaceuticals, and refining. The growing focus on sustainable development with increasing environmental concerns is driving the industry growth. The application of stringent government regulations across the world, encouraging waste-water treatment, will considerably contribute to the growth of the global PD pumps market. However, difficulty and complexity to maintain than another type of pumps is expected to hinder the growth of the global PD pumps market over the forecast period.
Industrial Internet of Things i.e. IIoT is a new technology that can help to improve efficiency, productivity and reduce downtime. The recent market trend is to implement IIoT features into positive displacement pumps to achieve extreme plant optimization. The demand for plant optimization is growing in almost all industries because, in recent decades, high importance is being given to realizing operational cost savings than savings on the capital asset. Likewise, The MMR report of Positive Displacement (PD) Pumps Market covers all the trends and technologies playing a major role in the growth over 2020-2027.
The MMR report also covers all segments in the Positive Displacement (PD) Pumps market such as products and applications. Based on application, the oil and gas segment is expected to grow at the highest CAGR of XX.23% and is expected to reach a value of US$ XX Mn. by 2027. Increased exploratory activities in the oil & gas industry along with many technological developments like the mixture of horizontal drilling and hydraulic fracturing have boosted the worldwide levels of oil production, therefore attracting many vendors to invest in the PD pumps market globally.
In 2020, the rotary pumps segment was dominated by the PD pumps market with valued around US$ XX million thanks to their simpler design and lower cost. Rotary PD pumps are mostly used in applications where the volume of fluid to be displaced is very low or the viscosity of the fluid to be pumped is high.
Global Positive Displacement (PD) Pumps Market1
Geographically, Asia-Pacific accounted for the largest market share in 2019, with a market value of US$ XX.75 Mn; the regional market is expected to register a CAGR of XX.89% during 2020-2027. Growing infrastructural development, industrialization, and substantial investments in utility projects like wastewater treatment and recycling are likely to drive demand for positive displacement (PD) pumps in the APAC. All these major factors are projected to create a multitude of business opportunities for pump companies in the future.
Developing countries in the APAC likes India and China, are witnessing an upsurge in industrial activities, thus, inducing growth in demand for chemicals, crude oil, and pharmaceuticals, among others. In 2020, the region accounted for approximately XX.93% of the global crude oil consumption and witnessed a growth of nearby XX.02%. In India, approximately 33% of the total population of 1.3 Bn. resides in urban areas. India is expected to account for the largest XX.15% market share by 2027.
Key players are involved in adopting sustainable strategies to gain competitive edges like a new product launch, product up-gradation, and collaborative agreements. For example, in March 2019 Alfa Laval AB announced the launch of a new twin-screw pump under its hygienic pump portfolio. The product can perform fluid transfer operations and easy clean-in-place. Alfa Laval’s newest product will have a positive impact on the growth of the total market in the forthcoming years.
The objective of the report is to present a comprehensive analysis of the Global Positive Displacement (PD) Pumps Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Positive Displacement (PD) Pumps Market dynamics, structure by analyzing the market segments and project the Global Positive Displacement (PD) Pumps Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Positive Displacement (PD) Pumps Market makes the report investor’s guide.
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Global Positive Displacement (PD) Pumps Market, by Product
• Rotary Pumps
o Vane
o Screw
o Lobe
o Gear
o Progressing Cavity (PC)
o Others
• Reciprocating Pumps
o Piston
o Diaphragm
o Plunger
o Others
• Peristaltic
• Others
Global Positive Displacement (PD) Pumps Market, by Application
• Oil and Gas
• Water and Wastewater
• Automotive
• Chemicals and Petrochemicals
• Others
Global Positive Displacement (PD) Pumps Market, by Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East and Africa
Key players operating in the Global Positive Displacement (PD) Pumps Market
• Alfa Laval AB
• Baker Hughes Co.
• Bosch Rexroth AG
• Flowserve Corp.
• Grundfos Holding AS
• ITT Inc.
• SPX FLOW Inc.
• Sulzer Ltd.
• The Weir Group Plc
• Xylem Inc.
• KSB SE & Co. KGaA
• Schlumberger
• Colfax Corporation (CIRCOR)
• HERMETIC-Pumpen
• Others
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