As per the latest report by IMARC Group, titled “Rotary Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on rotary pump market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global rotary pump market size reached US$ 6.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 8.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
A rotary pump is utilized for transferring high-viscosity liquids, including oils and chemicals, by displacing a defined volume. It comprises various key components such as a pumping chamber, casing, endplates, seal chamber, relief valves, and rotating assembly. Rotary pumps are engineered with narrow clearances to minimize discharge leakage and operate at low speeds to maintain these clearances. They possess a self-priming capability, enabling the pumping of liquids and gases without any suction loss. Consequently, rotary pumps find extensive utilization across numerous sectors, including power generation, oil and gas, food and beverage (F&B), water and wastewater treatment, chemical and petrochemical, etc.
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Market Trends:
The rotary pump market is primarily driven by the escalating product usage to handle high differential pressure and high-viscosity fluids in the chemical industry, pharmaceutical manufacturing, biotechnology applications, and the marine industry. Additionally, the emerging trend of integrating the Internet of Things (IoT) technology in these pumps by leading pump manufacturers to introduce highly efficient and cost-effective product variants with advanced connected technologies, offering automation capabilities for improved process efficiency, is acting as significant growth-inducing factors. Moreover, the rising focus among several rotary pump companies on engaging in mergers and acquisitions (M&A) strategies to expand their product portfolios and geographic presence and gain a competitive advantage is also positively influencing the global market. Apart from this, other factors, such as the inflating expenditure in research and development (R&D) activities, rapid urbanization, and the elevating requirement for freshwater across the globe, are expected to bolster the rotary pump market in the coming years.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Dover Corporation
- SPX Flow, Inc.
- Xylem Inc.
- Colfax Corporation
- IDEX Corporation
- Busch Systems International Inc.
- Gardner Denver, Inc.
- Atlas Copco AB
- Pfeiffer Vacuum GmbH
- ULVAC Technologies, Inc
Rotary Pump Market Segmentation:
Our report has categorized the market based on region, type, operating capacity, pump characteristics, raw material and end-use industry.
Breakup by Type:
- Vane
- Screw
- Lobe
- Gear
- Progressive Cavity (PC)
- Others
Breakup by Operating Capacity:
- Small (Upto 500 gpm)
- Medium (500-1000 gpm)
- High (More Than 1000 gpm)
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
- Power Generation
- Chemical and Petrochemical
- Water and Wastewater
- Food and Beverage
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
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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