Centrifugal Pump & Positive Displacement Pump by Type (Axial Flow Pumps, Mixed or Radial Flow Pumps, Peripheral Pumps, Jet Pumps, World Centrifugal Pump & Positive Displacement Pump Production ), by Application (Domestic water and wastewater, Petroleum industrial, Chemical industrial, Food and beverage, Mining industrial, Others, World Centrifugal Pump & Positive Displacement Pump Production ), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (United Kingdom, Germany, France, Italy, Spain, Russia, Benelux, Nordics, Rest of Europe), by Middle East & Africa (Turkey, Israel, GCC, North Africa, South Africa, Rest of Middle East & Africa), by Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania, Rest of Asia Pacific) Forecast 2025-2033
The global centrifugal pump and positive displacement pump market was valued at $38,440 million in 2025 and is projected to reach $61,730 million by 2033, exhibiting a CAGR of 5.9% during the forecast period. The growth of the market is attributed to the increasing demand for these pumps in various end-use industries such as domestic water and wastewater, petroleum, chemical, food and beverage, and mining. Centrifugal pumps are widely used for transferring liquids with high flow rates, while positive displacement pumps are suitable for applications requiring high pressure and precise flow control.
Asia Pacific is expected to hold the largest share in the centrifugal pump and positive displacement pump market due to the presence of a large number of end-use industries, particularly in China and India. North America and Europe are also significant markets for these pumps, driven by stringent environmental regulations and the need for efficient water management systems. Key market players include Grundfos, Flowserve, ITT, KSB, Sulzer, Ebara, and Schlumberger. The market is competitive, with companies focusing on innovation and product development to cater to the diverse needs of end-users.
The global centrifugal pump & positive displacement pump market is poised to grow significantly over the next few years, driven by rising demand from various industries such as water and wastewater, petroleum, chemical, food and beverage, and mining. The increasing need for energy-efficient and reliable pumps, as well as the growing adoption of automation and digitalization in these industries, are contributing to the growth of the market.
Key market insights include:
Several factors are propelling the growth of the centrifugal pump & positive displacement pump market, including:
Despite the growth potential, the centrifugal pump & positive displacement pump market faces certain challenges and restraints, such as:
The Asia-Pacific region is expected to dominate the global centrifugal pump & positive displacement pump market due to factors such as rapid industrialization, urbanization, and growing population. China, India, and Japan are the key markets in the region.
In terms of segment, the centrifugal pump segment is expected to dominate the market due to its versatility and wide range of applications in various industries.
Several factors are expected to act as growth catalysts for the centrifugal pump & positive displacement pump industry, including:
The global centrifugal pump & positive displacement pump market is dominated by a few key players, including:
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of XX% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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