Mud Pump Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Mud pumps are special-purpose pumps, particularly used for moving and circulating drilling fluids and other similar fluids in several applications such as mining and onshore and offshore oil & gas. Mud pumps are a piston/plunger cylinder systems that are used to transfer fluids at substantially high pressures. These pumps are operated in rugged and hostile environments and thus, are bulky and robust. These pumps can draw power from various sources. However, electricity and diesel are widely used sources. Diesel-driven mud pumps are well suited for remote and isolated applications where electricity is not continuously available. These pumps have two major sub-assemblies namely fluid and power ends. The power end consumes power and drives the fluid end to pump the mud.

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The mud pump market is largely driven by the rising demand for oil & gas. Mud pumps are largely used to move massive amount of sludge and mud during the oil well drilling process. Countries such as the U.S., China, Canada, Russia, India, Saudi Arabia, Oman, Argentina, and Venezuela have a large number of oil wells. The rising number of wells is anticipated to drive the demand for mud pumps across the globe.

Based on type, the mud pump market can be segmented into duplex pumps, triplex pumps, and others. Both duplex and triplex pumps have respective advantages and disadvantages. However, triplex pumps are gradually anticipated to significantly replace duplex pumps. Some of the key advantages of triplex pumps over duplex pumps are 30% lower weight for similar power output, smooth discharge, lower operating costs, ability to displace large volumes of mud at a higher pressure than their equivalent duplex counterparts. In terms of operation, the market can be categorized into single acting pumps and double acting pumps. Single acting pumps are those pumps that have only one side of the piston working for sucking of mud. On the other hand, double acting pumps discharge mud form one side of the piston and simultaneously suction occurs on the other end.

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Key players operating in the global Mud Pump market include Sulzer AG, SRS Crisafulli, Inc, Flowserve Corporation, Xylem Inc., Grundfos Group, The General Electric Company, and KSB Group.

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