Piston Pump Market Share Driven by Oil & Gas and Industrial Applications | Valuates Reports

Piston Pump Market Size
In 2024, the global market size of Piston Pump was estimated to be worth US$ 2621 million and is forecast to reach approximately US$ 3025 million by 2031 with a CAGR of 2.1% during the forecast period 2025-2031.

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The Piston Pump Market is experiencing robust market growth as industries increasingly adopt reliable and high-performance pumping solutions for fluid handling, chemical processing, and energy applications. Market trends indicate rising demand across oil and gas, chemical processing, mining, and power generation sectors, driven by the need for efficient fluid transfer, precise pressure control, and operational reliability. These factors are contributing to the overall market size and shaping the long-term market forecast.

By type, the Axial Piston Pump segment holds the largest market share, favored for its high efficiency, compact design, and suitability for heavy-duty industrial applications. The Radial Piston Pump segment is witnessing rapid growth due to its durability, high-pressure capabilities, and wide adoption in mining and power generation industries. Other types, including Lift Pumps and Force Pumps, continue to serve specialized applications requiring specific flow and pressure characteristics.

By application, the Oil and Gas Industry segment dominates the market share, driven by extensive use in exploration, extraction, refining, and fluid transfer operations. The Chemical Processing Industry segment is projected to witness the fastest market growth, fueled by the need for precise pumping solutions, corrosion-resistant designs, and reliable process control. General industries, primary metals, power generation, and other sectors further support market adoption.

Looking ahead, the Piston Pump Market is expected to maintain strong market growth, supported by technological advancements in pump design, increasing industrial automation, and expanding demand for efficient fluid handling solutions. The market forecast indicates broader adoption across oil and gas, chemical processing, and heavy industrial sectors, reinforcing the importance of piston pumps in critical operations.

Segment by Type

• Lift Pump
• Force Pump
• Axial Piston Pump
• Radial Piston Pump

Segment by Application

• Chemical Processing Industry
• General Industries
• Primary Metals Industry
• Oil and Gas Industry
• Power Generation Industry
• Mining Industry
• Others

By Company

Bosch Rexroth Corporation, Kawasaki Heavy Industries, FMC Technologies, Interpump Group, Annovi Reverberi S.p.A, Comet, Flowserve, Nikkiso, PSM-Hydraulics, Eaton, Oilgear, Kamat, Huade, Liyuan, Ini Hydraulic, Hengyuan Hydraulic, Shanggao, Qidong High Pressure, Hilead Hydraulic, Aovite, CNSP

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This release was published on openPR.