Oil And Gas Exploration Drives Growth In Positive Displacement Pumps Market : Transformative Forces Shaping the Positive Displacement Pumps Market Landscape in 2025

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What Will the Positive Displacement Pumps Industry Market Size Be by 2025?
The market size for positive displacement pumps has seen a robust increase in the recent past. The market, which stood at $11.89 billion in 2024, is projected to reach $12.52 billion in 2025, experiencing a compound annual growth rate (CAGR) of 5.4%. The surge during the historical phase is associated with factors such as the progress in industrialization and manufacturing, the widening scope of oil and gas exploration, the needs of water and wastewater treatment, the expansion of the chemical processing industry, the necessities of pharmaceutical manufacturing, food and beverage processing demands, applications in power generation, as well as the operations of mining and mineral processing.

What's the Long-Term Growth Forecast for the Positive Displacement Pumps Market Size Through 2029?
The market for positive displacement pumps is projected to witness robust expansion in the upcoming years, escalating to a size of $15.97 billion by 2029 at a compound annual growth rate of 6.3%. This impressive growth during the forecast period is predominantly due to the surge in renewable energy initiatives, their growing significance in hygienic applications, incorporation of smart pumping mechanisms, attention on water preservation, the need for oilfield services, increasing relevance in HVAC systems, additional infrastructure investments, and the use of cutting-edge materials in pump construction. The prophecy period is characterized by emerging trends such as the combination of IoT and advanced technologies, the onset of Industry 4.0 and digitization, the introduction of seal-less pump models, environment-friendly pumping methods, the use of twin-screw pumps, the handling of viscous and non-Newtonian liquids, tailored pump solutions, as well as retrofitting and upgrading efforts.

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What Are the Key Growth Drivers Fueling the Positive Displacement Pumps Market Expansion?
The positive displacement pumps market is predicted to expand due to rising oil and gas exploration activities. These activities involve identifying potential drill sites and extraction of hydrocarbons. Positive displacement pumps find various applications in the oil and gas industry, such as in pipelines, pumping stations, cooling loops, heat exchanger circulation, water supply, and drainage, cooling systems, hot water discharge, and cooling and refrigeration systems. For example, the International Energy Agency, an intergovernmental economic organization based in France, predicted in June 2023 that the global oil demand will surge by 6% from 2022 to 2028, reaching 105.7 million barrels per day (mb/d). This boost will be driven by strong demand from the petrochemical and aviation sectors. Hence, the surge in oil and gas exploration activities is contributing to the growth of the positive displacement pumps market.

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What Are the Key Trends Driving Positive Displacement Pumps Market Growth?
The prominence of product innovation is increasing as a main trend within the positive displacement pumps sector. Leading brands in this market are focusing on developing advanced products in order to maintain their market standing. For example, Lee Company, an industrial machinery production company based in the US, introduced its revolutionary high-performance miniature pump and control package in August 2022. This innovative offering incorporates control electronics for unmatched versatility in a compact, lightweight package. The pump has features such as altitude-self-priming, completely variable speed control, remarkable adjustment capability, easy installation, and it minimizes the possibility of altitude cavitation. The pump module also offers smart monitoring of pump speed, motor current, and malfunctions. By leveraging advanced fluid control technology, Lee company competes on reducing size and maximizing performance, and this new pump extends its distinct and proven series of miniature radial piston-designed displacement pumps.

How Is the Positive Displacement Pumps Market Segmented?
The positive displacement pumps market covered in this report is segmented -

1) By Product Type: Rotary Pumps, Reciprocating Pumps, Peristaltic, Other Product Type
2) By Raw Material: Bronze, Cast Iron, Polycarbonate, Stainless Steel, Other Raw Material
3) By End-User: Water Treatment, Oil And Gas, Chemicals, Pharmaceutical, Food And beverage, Other End-User

Subsegments:
1) By Rotary Pumps: Gear Pumps, Screw Pumps, Vane Pumps, Lobe Pumps
2) By Reciprocating Pumps: Diaphragm Pumps, Piston Pumps, Plunger Pumps, Peristaltic Pumps
3) By Peristaltic: Tube Pumps, Hose Pumps
4) By Other Product Types: Progressive Cavity Pumps, Membrane Pumps

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Which Companies Are Leading the Charge in Positive Displacement Pumps Market Innovation?
Major companies operating in the positive displacement pumps market are Ebara Corporation, KSB SE & Co. KGaA, WILO SE, Dover Corporation, Pentair plc., Grundfos Pump Corporation, Sulzer Ltd., Xylem Inc., SPX Flow Inc., Alfa Laval AB, The Weir Group PLC., Fristam Pumpen KG (GmbH & Co), HERMETIC-Pumpen GmbH, Ruhrpumpen Inc., Tsurumi Pump Inc., Ampco Pumps Company Inc., Flowserve Corporation, ITT Inc., Liquidyne Process Technologies Inc., Springer Pumps LLC., Titan Manufacturing Inc., Dickow Pump Co., Centec LLC, Watson-Marlow fluid technology group, Prominent Group, Cole-Parmer Instrument Company LLC, NETZSCH Holding, LEWA GmbH, Viking Pump Inc., Moyno Inc., Blackmer Inc., Gardner Denver Holdings Inc.

Which Regions Are Leading the Global Positive Displacement Pumps Market in Revenue?
Asia-Pacific was the largest region in the positive displacement pumps market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the positive displacement pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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