Press release
Increased Awareness will Aid in Market Growth of Positive Displacement (PD) Pumps By 2018
PD pumps (Positive displacement pumps) are pumps which displace or disperse fluids at a constant rate and volume. The positive displacement market faces a constant competition from the centrifugal pumps market. PD pumps function by entrapping a fixed amount of fluid in it and then by dispersing them into the outlet. These pumps are majorly used because of their ability to exhibit high performance in dealing with fluids with high viscosities and their ability to handle pressure changes.
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The positive displacement pumps market could be segmented into three major categories, on the basis of types into: rotary and reciprocating pumps, on the basis of applications into: Peristaltic, Lobe, Piston, Diaphragm, Screw, Vane, Progressive Cavity and Other Pumps, and on the basis of end users into: Chemical industry, Pulp industry, Pharmaceutical industry, Food and Beverage industry and Waste Water purification industry. The positive displacement pumps market could also be segmented on the basis of geography into: North America, Europe, Asia Pacific and the rest of the world regions.
The global revenue for the positive displacement pumps market is estimated to reach USD 9,370 million towards the end of 2012. The North American region holds the majority of the market share in the positive displacement pumps market, and the Asia Pacific region is expected to exhibit the fastest growth over the forecasted period, 2012 to 2018.
Increasing demand for positive displacement pumps and increasing FDIs in the Asia Pacific region is driving the growth of the market. The saturation of the end users market, and the increasing demand of the centrifugal pumps market, will restrain the growth of the positive displacement pumps market. Application of technological innovations to come up with better and effective positive displacement pumps, will fuel the market’s growth in the future.
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Some of the key players in the positive displacement pumps market are: Delta group, Del PD Pumps, Hermetic, Verderair and others.
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