Overview:

An industrial pump is a device used to transfer fluids (gases or liquids), or sometimes semi-liquid mixture by mechanical action. A positive displacement pump is a type of industrial pump used to displace or transfer fluid from the inlet pressure division into the discharge tube/pipe. Unlike centrifugal pumps, positive displacement pumps transfer fluids at the same speed irrespective of the pressure. In addition, advantages offered in form of better suction capacity and capability to handle high viscosity and pressure make positive displacement pumps suitable to be used  across wide range of industry verticals including oil and gas, chemicals, water and wastewater, food and beverage, industrial machinery, pharmaceutical, power generation, mining, pulp and paper aerospace, automotive, agriculture, and construction. The global positive displacement pumps market is moderately matured and is expected to witness steady growth during the forecast period 2021 – 2029.

The global positive displacement market is expected to grow from US$ 2.61 Bn in 2020 to US$ 4.12 Bn in 2029, growing at a CAGR of 5.5% during the forecast period 2021 – 2029.

This report analyzes the global positive displacement pumps market in terms of type, end-use application, and geography. Based on type, the global positive displacement pumps market is segregated into rotary pumps (gear pumps, lobe pumps, vane pumps, and progressing cavity/multiple screw pumps), reciprocating pumps, and peristaltic pumps. Similarly, on the basis of end-use application, the global market for positive displacement pumps is further classified into oil and gas, chemicals, water and wastewater, food and beverage, pharmaceutical, power generation, and other end-use applications (pulp and paper, automotive, construction, etc.). The geographical distribution of the global Positive Displacement pumps market considered in this study encompasses regional markets such as North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

1.1    Report Description

Purpose of the Report

The purpose of this strategic research study titled “Global Positive Displacement Pumps Market - Growth, Share, Opportunities, and Competitive Analysis, 2021 – 2029” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the positive displacement pumps market.

1.1.1   Target Audience

• Industry Investors
• Positive Displacement Pump Manufacturers
• Pump Manufacturers
• Other Component Manufacturers
• Distributors, Retailers, and End-users

1.1.2   USP and Key Offerings

The report titled “Global Positive Displacement Pumps Market - Growth, Share, Opportunities, and Competitive Analysis, 2021 – 2029” offers strategic insights into the global positive displacement pumps market along with the market size and estimates for the duration 2019 to 2029. The said research study covers in-depth analysis of multiple market segments based on type, application, and cross-sectional study across different geographies. In order to help strategic decision makers, the report also includes competitive profiling of the leading positive displacement pump manufacturers, their SCOT (Strength, Challenges, Opportunities, and Weaknesses) analysis, market positioning, and recent developments. Other in-depth analysis provided in the report includes:

• An overview of the global positive displacement pumps market
• Current and future market trends to justify the forthcoming attractive sub-markets within the positive displacement pumps market
• Qualitative assessment tools such as market drivers, challenges and future prospects, value chain, and attractive investment proposition.
• Focus on each level of market segmentation based on product approvals, launch, and current and anticipated market dynamics.
• A general overview of the industry structure
• Company profiles highlighting key information about the major players operating in the global positive displacement pumps market
• Market competition scrutiny tools such as market share analysis, fractal map, etc.
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global positive displacement pumps market, offering market size and estimates for the period from 2019 to 2029, keeping in mind the above mentioned factors.

As of 2021, the overall positive displacement sanitary pumps market worldwide is led by the Asia Pacific region. The region is contributed to more than one third of the total market revenue generated worldwide, in 2021. The market here is principally backed by China, Japan and South Korea having huge industrial manufacturing and processing industry. Due to modernizing manufacturing and processing practices (especially in the food & beverages and pharmaceuticals sectors) in the region, Asia Pacific is poised to remain the dominant regional market throughout the forecast period.

Europe follows the Asia Pacific region, in terms of revenue and volume, of the overall positive displacement sanitary pumps market. The region is primarily governed by the Western Europe countries having strong food & beverages and personal care product manufacturing industry. However, with the rising number of manufacturing facilities in Asia Pacific, the region is set to witness high growth during the forecast period.

The overall positive displacement sanitary pumps market is collectively led by the food & beverages and personal and home care industry segments. The two segments together account for nearly forty percent of the total revenue generated worldwide. The segment growth is majorly backed by the increasing expenditure over packaged food and other personal care products. Due to rising discretionary income of the people worldwide, the overall spending on these products is projected to remain strong in the coming years, thereby leading to strong industry growth. As a result, the segments would continue to dominate the market throughout the forecast period. The food & beverages and personal care segments are followed by the pharmaceuticals segment contributing to the third largest revenue share.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Positive Displacement Pumps market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Positive Displacement Pumps market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Positive Displacement Pumps market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Positive Displacement Pumps market?
• Which is the largest regional market for Positive Displacement Pumps market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Positive Displacement Pumps market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Positive Displacement Pumps market worldwide?