North American Progressing Cavity Pumps Market: Size, Share and Forecast 2019-2025
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Another major factor for the growth of the market includes the rising production of petroleum products, globally, where progressing cavity pumps find the highest application. As per the US Energy Information Administration, petroleum products production in 2018 was 100 million oil barrels per day were as compared to 98.1 million oil barrel per day. A major restraint to the market includes availability of alternative to the progressing cavity pumps. At various applications, electrical submersible pumps, sucker rod pumps, and centrifugal pumps can be used as an alternative to the progressing cavity pumps.
North American progressing cavity pumps market is segmented on the basis of stage type and application. Based on the stage type, the market is segmented into single stage (90-psi), double stage (180-psi), four stages (360-psi), and eight stage (720-psi rated). Based on the application, the market is segmented into oil & gas, chemical, food & beverage, water & wastewater, and others.
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NORTH AMERICAN PROGRESSING CAVITY PUMPS MARKET-SEGMENTATION
By Stage Type
o Single Stage (90-psi)
o Double Stage (180-psi)
o Four Stage (360-psi)
o Eight Stage (720-psi rated)
o Oil & Gas
o Food & Beverage
o Water & Wastewater
o North America
o United States
o Apergy Corp.
o National Oilwell Varco
o Schlumberger Ltd.
o Baker Hughes, (A GE Company)
o Borets International, Ltd.
o CIRCOR International, Inc.
o Halliburton Energy Services, Inc.
o ITT Bornemann GmbH
o Liberty Process Equipment, Inc.
o Moyno, Inc.
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