Press release
Progressing Cavity Pumps Market Outlook 2029: Presents Market Insights & Depth Analysis
Progressing Cavity Pumps Market is expected to grow at a significant rate during the forecast period. Progressing cavity (PC) pumps are based on a positive displacement principle and is primarily designed for abrasion resistance in difficult pumping applications. It can be used while the pumping application is not appropriate with the use of a centrifugal pump. For instance, PC pumps are suitable when the liquid contains higher viscosity or thickness, as compared to water. In terms of PC pumps, the volumetric and mechanical efficiency goes up while the viscosity of liquid increases and produces more flow. Hence, it is ideal for liquids with higher viscosities, such as oil & gas applications.The major factors propelling the demand for the market include emerging focus on water and wastewater treatment process and rising oil & gas production. For instance, according to the U.S. Energy Information Administration (EIA), in December 2017, the oil production in the US reached 10.04 million b/d (barrels per day) and 10.96 b/d in July 2018. PC pumps are considered as an optimal technology for water and oil separation and prevent the formation of emulsions. It can successfully move several fluids that are used in oil & gas production and transportation. For instance, they transfer multiphase fluids from the well and transmit those fluids to collection stations. In addition, they move crude oil from onsite storage tanks to offsite storage facilities. Other PC pumps application in oil & gas processes include oil skimming, polymer feeding, refinery wastewater transfer, corrosion inhibitor injection, Induced gas flotation (IGF) skimming, closed drains pumping and so on. Due to its wide range of beneficial applications in the oil & gas industry and adoption of artificial lift method is primarily driving the demand for PC pumps in oil & gas applications.
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Market Coverage
Market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Progressing Cavity Pumps Market Segmentation
Global Progressing Cavity Pumps Market by Stage Type
Single Stage (90-psi)
Double Stage (180-psi)
Four Stage (360-psi)
Eight Stage (720-psi rated)
By Application
Oil & Gas
Chemical
Food & Beverage
Water & Wastewater
Other
A full report of Progressing Cavity Pumps Market available @ https://www.omrglobal.com/industry-reports/progressing-cavity-pumps-market
REGIONAL ANALYSIS
North America
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
COMPANY PROFILES
Apergy Corp.
Baker Hughes, (A GE Company)
Beinlich Pumpen GmbH
Bellin S.P.A.
Borets International, Ltd.
CIRCOR International, Inc.
Flowrox Oy
Halliburton Energy Services, Inc.
ITT Bornemann GmbH
Liberty Process Equipment, Inc.
Moyno, Inc.
National Oilwell Varco (NOV)
NETZSCH Group
Nova Rotors Srl
PCM Group
Pumpenfabric Wangen GmbH
Ritchie, Mackenzie & Co., Ltd. (Ritmac)
Roper Pump Co.
Schlumberger, Ltd.
SEEPEX GmbH
Sulzer, Ltd.
Sydex Srl
Verder Liquids B.V.
Weatherford International, Inc.
Xylem, Inc.
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Over 100+ paid data sources mined for investigation.
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Media Contact:
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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