Asia Pacific Positive Displacement Pumps Market Trends, Growth, Demand And Forecast 2024-2032
Asia Pacific Positive Displacement Pumps Market Overview
Base Year: 2023
Historical Years: 2018-2023
Forecast Years: 2024-2032 Market Size in 2023: USD 5.8 Billion
Market Forecast in 2032: USD 9.6 Billion
Market Growth Rate: 5.59% (2024-2032)
The Asia Pacific Positive Displacement Pumps Market is driven by increasing industrialization and infrastructure development across emerging economies in the region. According to the latest report by IMARC Group, The market size reached USD 5.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 9.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.59% during 2024-2032.
Asia Pacific Positive Displacement Pumps Market Trends and Drivers:
Positive displacement pumps are employed in industries, such as oil and gas, chemical processing, water and wastewater treatment, and pharmaceuticals, due to their ability to handle a variety of fluids, including those with high viscosity or containing solid particles. This represents one of the key factors strengthening the growth of the market in the Asia Pacific region. The growth of these industries in the region is catalyzing the demand for reliable and efficient pumping solutions.
Besides this, the urban expansion is driving the demand for pumps capable of transporting water across large distances and managing wastewater in densely populated areas. Moreover, the ongoing trend of energy efficiency and sustainable industrial practices is encouraging the adoption of positive displacement pumps, which are known for their lower energy consumption. Governing agencies in the Asia Pacific region are implementing policies and incentives to promote the use of energy-efficient technologies to reduce carbon footprints and adhere to international environmental standards, thereby propelling market growth.
The rising disposable incomes and a growing middle class in the Asia Pacific region is catalyzing the demand for processed and packaged food products. As a result, the food and beverages (F&B) industry is requiring more advanced and hygienic fluid handling solutions for thick, viscous liquids while maintaining stringent hygiene standards, which is positively influencing the market. Positive displacement pumps are also integrated into automated systems to ensure precise control over fluid transfer and minimize contamination risks in manufacturing and processing plants. Furthermore, technological advancements in pump design, such as the development of pumps made from corrosion-resistant materials and innovations that enhance efficiency and reliability, are contributing to the market growth. In addition, the growing investments in water and wastewater treatment facilities, power plants, and chemical processing units, all of which require robust and reliable pumping solutions is offering a favorable market outlook in the region.
Download a sample copy of the Report: https://www.imarcgroup.com/asia-pacific-positive-displacement-pumps-market/requestsample
Asia Pacific Positive Displacement Pumps Industry Segmentation:
The report has segmented the market into the following categories:
Breakup by Product Type:
- Rotary PumpsVaneScrewLobeGearProgressing Cavity (PC)Others
- Reciprocating PumpsPistonDiaphragmPlungerOthers
- Peristaltic
- Others
Breakup by Capacity:
- Low Capacity Pumps
- Medium Capacity Pumps
- High Capacity Pumps
Breakup by Pump Characteristics:
- Standard Pumps
- Engineered Pumps
- Special Purpose Pumps
Breakup by Raw Material:
- Bronze
- Cast Iron
- Polycarbonate
- Stainless Steel
- Others
Breakup by End Use Industry:
- Oil and Gas
- Water and Wastewater
- Automotive
- Chemicals and Petrochemicals
- Others
Breakup by Country:
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Key highlights of the Report:
- Market Performance (2018-2023)
- Market Outlook (2024-2032)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Strategic Recommendations
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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