Press release
Screw Pumps Market Trends, Share, Size, Opportunity & Growth 2023-2028
Screw Pumps Market
How big is the Screw Pumps Market?
The global screw pumps market size reached US$ 2.71 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.72 Billion by 2028, exhibiting a growth rate (CAGR) of 5.30% during 2023-2028.
What are Screw Pumps?
Screw pumps represent positive displacement pumps that utilize rotating screws to propel fluids. They comprise several essential components, including a casing, screw, seal, motor adapter drive shaft, bearings, etc. Screw pumps are typically manufactured by using metal alloys, including cast iron, stainless steel, or bronze. They excel at pumping high-pressure viscous fluids, making them well-suited for offshore and marine installations. Screw pumps are commonly employed in fuel injection, oil burners, and wastewater treatment plants. They offer ease of maintenance and operation while demonstrating versatility in accommodating different flow rates, pressures, liquid types, and viscosities, as well as self-priming capabilities. Consequently, screw pumps find widespread utilization across numerous sectors, such as water treatment, power generation, chemicals, food and beverage (F&B), etc.
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What are the growth prospects and trends in the screw pumps industry?
The screw pumps market is experiencing a positive outlook, owing to the growing product usage in oil and gas across the globe for various applications, such as pipeline boosting and drilling mud transfer. Moreover, it is gaining traction in the refineries to transfer solids between tanks or vessels without the need for valve adjustments, which is further catalyzing the global market. Apart from this, the introduction of screw pumps made from advanced materials for enhancing their durability and reliability by resisting wear and corrosion is also catalyzing the market growth. Additionally, the development of eccentric product variants that are capable of handling shear-sensitive components, exhibiting flow control precision across a broad range of viscosities, and providing energy efficiency is expected to propel the market growth in the coming years.
What is included in market segmentation?
The report has segmented the market into the following categories:
Screw Configuration Insights:
Single Screw/Eccentric Screw/Progressive Cavity Pumps
Twin Screw Pumps
Three Screw Pumps
Multiple Screw Pumps
Max. Pressure Insights:
Up To 16 Bar
17-35 Bar
36-50 Bar
50-80 Bar
Above 80 Bar
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Distribution Channel Insights:
Direct
Indirect
End Use Insights:
Oil and Gas
Power
Water Treatment
Chemicals
Food and Beverages
Others
Market Breakup by Region:
North America (United States, Canada)
Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
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Who are the key players operating in the industry?
The report covers the major market players including:
Alfa Laval AB
CIRCOR International Inc.
Desmi A/S
Dover Corporation
Erich Netzsch GmbH & Co. Holding KG
Flowserve Corporation
FLSmidth & Co. A/S
ITT Inc.
Iwaki Co. Ltd.
KRAL GmbH
Roto Pumps Limited
SPX Flow Inc.
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Contact US
IMARC Group
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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