Daten aus dem Cache geladen. Positive Displacement Pumps Market Size Worth USD 4.82 Billion By...

Positive Displacement Pumps Market Size Worth USD 4.82 Billion By 2028 | CAGR of 4.7%

0
2K

The global positive displacement pumps market size is expected to reach USD 4.82 billion by 2028 and register a revenue CAGR of 4.7%, according to the latest report by Reports and Data. Increasing exploration and production activities in oil and gas sector and need to enhance oil recovery procedures are key factors driving demand for positive displacement pumps, and this expected to continue to boost market revenue growth over the forecast period. Positive displacement pumps are vital components in the oil & gas sector and are often deployed in tri-phase or multi-phase pumping applications.

Increasing oil and natural gas exploration activities, especially in North America, is expected to drive demand for positive displacement pumps over the forecast period. Positive displacement pumps, which transfer a specific volume of fluid for each operation cycle, can be segregated into two main classes; reciprocating and rotary. Positive displacement pumps can efficiently remove air present along the lines of fluid and this has boosted its adoption in the food and beverages industry. Additionally, increasing demand for commercial and industrial positive displacement pumps from power, pharmaceuticals, and chemicals industries is expected to further drive market growth going ahead.

However, complexity of pump design and its maintenance as compared to centrifugal pumps is expected to restrain market growth to a significant extent over the forecast period. Major disadvantage of complex design and valve construction could hamper preference and restrain market growth to a certain extent over the forecast period.

Get a sample copy of the positive displacement pumps Market report, visit: https://www.reportsanddata.com/sample-enquiry-form/4094

Some Key Highlights From the Report:

  • Positive displacement pumps transport liquids by continuously enclosing a specific volume and moving it automatically across the system. Displacement of fluid is generally done by piston, plunger, diaphragm, gears, or vanes, among others.
  • Reciprocating pump segment is expected to account for a significant revenue share in global market over the forecast period owing to rising application in various end-use industries such as in water and wastewater treatment, power, oil & gas, and food and beverages, among others.
  • Oil & gas segment revenue is expected to expand significantly over the forecast period, attributable to increased use of positive displacement pumps for various processing of oil & gas production such as in pumping stations, pipelines, subsea hydraulic systems, gas sweetening, and for other onshore and offshore applications.
  • Asia Pacific market revenue is expected to expand considerably over the forecast period, attributable to increasing demand for these pumps from various end-use industries such as chemicals, mining, power, and water & wastewater. Rapid expansion of power and chemicals industries and rapid urbanization are some other factors supporting regional market revenue growth.
  • Major companies in the market include Schlumberger Ltd., HERMETIC-Pumpen, Pentair, Baker Hughes, Flowserve, Grundfos, AR North America, KSB, and Sulzer, among others.
  • In March 2021, IDEX Corporation gained a controlling stake in ABEL Pumps, LP, which is a leading designer and manufacturer of reciprocating positive displacement pumps. ABEL Pumps will be a part of IDEX Corporation’s Fluid and Metering Technologies segment.

To know more about the latest insights of the report, visit: https://www.reportsanddata.com/request-latest-insight/4094

For the purpose of this report, Reports and Data has segmented the global positive displacement pumps market based on product, end-use, and region:

Product Outlook (Revenue, USD Billion; 2018-2028)

  • Reciprocating
  • Rotary

End-use Outlook (Revenue, USD Billion; 2018-2028)

  • Oil & Gas
  • Chemical
  • Water Treatment
  • Pharmaceutical
  • Food & Beverages

Regional Outlook (Revenue, USD Billion; 2018-2028)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Norway
    • Italy
    • BENELUX
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Rest of LATAM
  • Middle East & Africa
    • Saudi Arabia
    • U.A.E.
    • Israel
    • Rest of MEA

Request a customization of the report: https://www.reportsanddata.com/request-customization-form/4094

Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.

About Reports and Data                                       

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behaviour shifts across demographics, across industries, and help clients to make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Products, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Contact:

John W, Head of Business Development
Reports And Data | Web: 
www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: 
sales@reportsanddata.com
LinkedIn | Twitter | Blogs

Search
Categories
Read More
Other
Calcium Formate Market Size, Share, Segmentation, Opportunities, Trends & Future Scope to 2025, MNM Study
Calcium Formate Market Scope  the Calcium Formate Market size is expected to grow...
By Stephen Lobo 2023-02-28 08:32:49 0 2K
Other
Genomics Market Vision: Shaping the Future of Precision Medicine
The global genomics market size was valued at USD 32.65 billion in 2023 and is projected to...
By Karls Scott 2024-10-16 10:54:15 0 170
Shopping
Subtle that Die: All the Heights not to mention Lows belonging to the Casino Universe
On the shimmering n entire world of gambling establishments, emasslot performance are...
By Isaiias Eyob 2024-05-13 05:16:35 0 593
Other
Is Your Pet Ready for a Groom? Tips for Choosing the Right Service
Shear Madness! Choosing Between Mobile Grooming and Traditional Pet Salons When it comes to...
By Jay Lee 2025-01-06 12:30:48 0 72
Other
A Comprehensive Guide to Mainland Company Formation in Dubai
Dubai, a global business hub, offers diverse opportunities for entrepreneurs and investors....
By Flying Colour Business Setup 2024-09-05 10:24:55 0 409