Positive Displacement Pumps Market is expected to garner hefty returns over the forecast period

The rotary PD pumps offers the most economic and efficient means of pumping viscous liquids and these pumps use rotating gears actions in order to transfer the fluids. Gear pumps, vane pumps, lobe pumps, screw pumps, and peristaltic pumps are some major type of rotary PD pumps. Reciprocating positive displacement pumps move the water by using more than one oscillating pistons and plungers while valves guide the motion of water to desired direction. Most of the reciprocating PD pumps are triplex and duplex cylinder and these pumps can be double acting and single acting.

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Complexity and difficulty to maintain than other type of pumps is the key restraining factor for the overall positive displacement pumps market growth in future. These pumps are relatively less efficient to handle low viscosity fluids. In order to generate the suction and minimize the slippage & leaks, a rotary PD pump relies on the seal between its rotating elements and pump housings.

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.

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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 positive displacement pumps market. 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.

The prominent players in the positive displacement 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.

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