Positive Displacement Pumps Market to Expand with Significant CAGR During 2026

According to the report projections, nearly 3 million positive displacement pumps were sold in the world in 2016. By the end of 2026, global sales of positive displacement pumps are expected to surpass 4.2 million units, registering a moderate growth at 3.3% CAGR. During the same forecast period, the report anticipates the global positive displacement pump market, which is presently valued at US$ 2,212.5 Mn, to soar at 4.2% CAGR and bring in close to US$ 3,500 Mn in revenues.

Key Highlights of the Report include

Demand for rotary pumps is projected to remain considerably lower than reciprocating positive displacement pumps, as the latter will procure over 70% stake on global revenues through 2026; Among reciprocating pumps, demand for low-capacity and medium-capacity pumps will remain high, exhibiting growth at 4.5% CAGR and above; In 2016, the global market for positive displacement pumps recorded global sales of over 630,000 low-capacity rotary pumps; Throughout the forecast period, oil & gas will remain the largest application of positive displacement pumps, procuring nearly US$ 830 Mn in revenues by 2026-end

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Application of positive displacement pumps in water and wastewater treatment plants will also be considered lucrative growth opportunity in the years to come; With a little over 23%, North America’s positive displacement pumps market will be among the leading regional markets in the world; Europe will also be at the forefront, but the region’s share on global revenues will wane towards the latter half of the forecast period; Asia-Pacific excluding Japan (APEJ) region is being projected as the largest market for positive displacement pumps, procuring over 26% share on global market value and registering fastest revenue growth at 4.7% CAGR during the forecast period

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The report has profiled companies such as – Dover Corporation, KSB AG, Flowserve Corporation, Sulzer AG, Ebara Corporation, Xylem Inc., Ruhrpumpen Group, Grundfos, The Weir Group PLC, and WILO SE – as leading manufacturers of positive displacement pumps in the world.

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This release was published on openPR.