Progressive Cavity Pump Market Size 2021: Leading Players, Impact of COVID-19, Demands, Future Trends, Growth Factors, Strategy, Price and Gross Margin till 2027 - ITT Bornemann, Leistritz, Sulzer, FMC Technologies, General Electric Company

Market Intelligence Data has released a new report on the global “Progressive Cavity Pump market”. The document gives a complete evaluation of the market. It understands market development through in-depth insights, tracking historical results and analysing current scenarios and future forecasts based on optimistic and possible situations. The report provides detailed statistics on the Progressive Cavity Pump market industry and its framework.

The Global Progressive Cavity Pump Market Size is Projected to Reach at a CAGR of 6% during 2021-2027.

The data studied for the preparation of the report takes into account the current major players and the major players that will be listed. Industry top players are: ITT Bornemann, Leistritz, Sulzer, FMC Technologies, General Electric Company

Recent Developments

In January 2021, Sulzer acquired Nordic Water, a provider of compact and energy-efficient water and wastewater treatment solutions. This acquisition strengthened Sulzer’s wastewater treatment business by expanding its portfolio of pumps, grinders, mixers, compressors, and other products. This transaction aims to expand the company’s business in the municipal and industrial wastewater treatment domain.

Enhancing real-time platforms for expanded remote operations
Improving analytics capability with the Halliburton Data Lake utilizing machine learning and artificial intelligence, and
Accelerating the deployment of new technology and applications, including SOC2 compliance, for Halliburton’s overall system reliability and security
In June 2020, ChampionX Corporation, formerly known as Apergy Corporation, announced the completion of the merger of the businesses of Apergy Corporation and ChampionX Holding Inc. ChampionX holding was the former upstream energy business of Ecolab Inc. Under the transaction, Apergy Corporation changed its name to ChampionX Corporation, and announced that its shares of common stock would trade on the New York Stock Exchange under the symbol “CHX”. 
In December 2020, EBARA Corporation opened a new facility called the Knock Down Center for the assembly of standard pump products. This expansion aims to have control over the inventory of products and to supply products effectively within shorter delivery times to the Southeast Asian market.
In November 2020, NETZSCH opened a new production unit in Waldkraiburg. This expansion aims to bring the production and assembly operations of the Pumps & Systems business segment closer to the customers.
In March 2020, Wilo SE opened a new subsidiary in Chile. Chile has a strong position in industries that are trendsetting for Wilo, such as the wine industry, fish-farming, or mining, and Wilo Group has been active in Latin America for over 20 years. With the investment in the subsidiary in Chile, Wilo is taking into account the strategic importance of this market.

In February 2020, SEEPEX opened a new office in Dubai for a better reach in the Middle Eastern region with its progressive cavity pumps. The tasks of the branch office include providing close support to key accounts, expanding business activities in the region, and improving local services.

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Covid-19 Impact and Recovery Analysis:

The number one goal of this Progressive Cavity Pump Market document is to provide Quantitative records withinside the form of charts and graphs. The information regarding market fundamentals is provided purely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Progressive Cavity Pump market document.

Progressive Cavity Pump Market Segmentation by Type:

Single Screw Pump
Double Screw Pump
Three Screw Pump

Progressive Cavity Pump Market Segmentation by Application:

Petroleum Applications
Refineries
Storage and Transportation
Food & Beverage
Others
The Asia Pacific held the largest share of the progressing cavity pump market in 2020.

The PCP market in the Asia Pacific has been studied for China, Australia, India, and Japan. The other Asian countries considered in the study are Thailand, Malaysia, the Philippines, Singapore, and South Korea. According to the IMF, the economic outlook for the Asia Pacific remains strong, and the region continues to be the most dynamic in the global economy. The region has many top global economies, such as China, India, and Japan, and is expected to grow at 5.6% by 2022. The major end-users of progressing cavity pumps in the region include water & wastewater treatment, oil & gas, and food & beverages industries. The market in this region will be largely driven by China and India—countries exhibiting fast-paced economic expansion and healthy industrial growth rates. The market in Southeast Asian countries, such as Malaysia and Thailand, is at various stages of development. The government of Malaysia aims to serve clean water to 99% of the population by 2022 from 95.5% in 2015. Such targets are likely to reflect favourably on the PCP market. 

Regional Progressive Cavity Pump Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Significant Features and Key Highlights of the Reports:

– Detailed overview of Progressive Cavity Pump Market

– Changing market dynamics of the industry

– In-depth market segmentation by Type, Application etc.

– Historical, current and projected market size in terms of volume and value.

– Recent industry trends and developments

– Competitive landscape of Progressive Cavity Pump Market

– Strategies of key players and product offerings

– Potential and niche segments/regions are exhibiting promising growth.

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The report gives answers to the following:

What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Progressive Cavity Pump industry?
What is the global marketplace's predicted compound annual growth rate (CAGR) during the forecast period (2021-2027)?
What could be the anticipated value of the Progressive Cavity Pump marketplace during the forecast period?

Customization: 

The Global Progressive Cavity Pump Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for our Market Intelligence Data reports at no additional cost to all of our Users.

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