What are the different trends in Positive Displacement (PD) Pumps Market to boost its growth? Schlumberger, Pentair, Baker Hughes, a GE company, Flowserve Corporation, Sulzer, The Weir Group PLC

The significant increase in oil & natural gas exploration activities after the shell oil reserves discovery will subsidize the global positive displacement market growth. According to IEA, Norway, the U.S. and Russia are producing over 190 thousand barrels of oil per day since 2017, which is anticipated to grow substantially. This will help to accomplish promising gains in positive displacement pumps market size in the near future.

Developments in the oil & gas production technology, including the horizontal drilling & hydraulic fracturing combination, have enhanced the oil production in the region and are attracting vendors to invest in this industry. In oil & gas industry, these pumps are majorly employed for several applications which include cooling loops, water supply & drainage, pipelines, heat exchangers circulation, pumping stations, hot water discharge, etc.

Request for table of content of this report @
https://www.gminsights.com/request-toc/upcoming/3561

Positive Displacement (PD) Pumps Market is rapidly growing due to increasing environmental awareness for the use of clean consumable water in the emerging economies. Rising industrialization in the developing nations such as China, India, Brazil, and South Africa have created a major decline in the level of consumable water and raised the groundwater contamination level. Many emerging nations are presently facing a huge scarcity in the disposable water level and ground water adulteration. The above trend is directing boosting the wastewater and sewage treatment activities across the globe, thus propelling the positive displacement pumps market size by 2025.

Surge in wastewater treatment industry due to comprehensive regulatory controls of newly discovered contaminants require proper & timely testing and monitoring. As water scarcity remains the foremost concern and desalination technology still proves to be costly, there is a growing need for wastewater treatment to meet the demand for clean and safe water for consumption. According to the United Nations World Water Development report, the global water usage is increasing every year and is expected to reach approximately 3.6 times of 1950 levels in 2025. The above mentioned trends will spur the product demand in coming years as these pumps are extensively used for pumping wastewater, viscous liquids, activated sludge, effluents, etc. due to its superior pressure, flow rates, and other features.

Make an Inquiry for Purchasing this Report @
https://www.gminsights.com/inquiry-before-buying/3561

Positive displacement pumps market is bifurcated into product type, end-use sectors and region. The product type segment comprises rotary pump, linear pumps and reciprocating pumps. The end-use sectors consists of construction, chemical, pulp & paper, automotive & marine, wastewater treatment, energy and other industry sectors. The other end-use sector includes pharmaceuticals, food & beverage, biotechnology, paints & coatings, etc. Based on region, the positive displacement pumps is segregated into North America, Asia Pacific, Europe, Latin America and Middle East & Africa.

The prominent players in the positive displacement (PD) pumps market, which include Schlumberger Ltd, HERMETIC-Pumpen, Pentair, Baker Hughes, Flowserve, Sulzer, IDEX Corporation, Ebara Corporation, Weir Group, Fristam Pumps, Coalfax Corporation, Altra Industrial Motion, Grundfos, AR North America, Verder, Watson-Marlow Fluid Technology Group, Price Pump Company, and others. Most of the key players such as Altra Industrial Motion, etc are engages in the mergers & acquisition activities in order to expand their product portfolio and global reach.

Browse Report Summery @
https://www.gminsights.com/industry-analysis/positive-displacement-pd-pumps-market

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com/

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.