Latin America Positive Displacement Pumps Market

Latin America Positive Displacement Pumps Market Overview:

The Latin America positive displacement pumps market size reached USD 945.95 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,557.90 Million by 2033, exhibiting a growth rate (CAGR) of 5.30% during 2025-2033. The market is experiencing significant growth driven by the rising product demand in the oil and gas, water treatment, and chemical sectors. Additionally, technological advancements and infrastructure development projects further support market expansion, enhancing operational efficiency and reliability across industries.

Latin America Positive Displacement Pumps Market Trends:

Increasing Demand in the Oil and Gas Segment

Latin America is the fastest growing region in the positive displacement pumps market, owing to growing demand from oil and gas industry. With significant oil reserves and continued exploration and production in the region, there is increasing demand for reliable solutions and equipment, particularly pumping solutions to facilitate the movement of viscous fluids and pay attention to operational efficiency even in challenging conditions. Positive displacement pumps, known for their efficiency in handling high-pressure and high-viscosity fluids, are preferred for such applications. Moreover, this demand is further strengthened as countries like Brazil and Mexico expand their oil production capabilities, the demand for durable and precise pumping equipment continues to grow, contributing to market expansion. For instance, according to industry reports, Brazil’s total diesel demand grew by 3% from January to August 2024 compared to the same period in 2023, attributed to strong economic performance. This growth underscores the critical role of reliable pumping solutions to support the expanding oil sector. As exploration and production continue to scale, the demand for advanced, high-performance positive displacement pumps is expected to sustain market expansion, reinforcing their importance in the region's industrial landscape.

Technological Advancements and Automation

Technological advancements and the integration of automation are shaping the Latin American positive displacement pumps market. Companies are investing in smart pump technologies equipped with the Internet of Things (IoT) and data analytics capabilities to improve overall system efficacy, real-time monitoring, and predictive maintenance. This trend aligns with the region's gradual shift toward Industry 4.0 practices, enhancing operational reliability and reducing downtime. For instance, according to industry reports, in 2024, Brazil plans to enact a law allocating BRL 7 billion annually, totaling BRL 21 billion by 2026, to support research and innovation across the chip and electronics supply chains, with a focus on applications in Industry 4.0, including personal computers, solar panels, and smartphones, advanced industrial devices. Additionally, the use of advanced materials and innovative design improvements ensures that pumps can withstand challenging industrial conditions and maintain long-term performance. The integration of automation and smart technologies enhances performance while appealing to industries focused on cost and resource optimization. These innovations are expected to drive broader adoption and promote competitive growth within the market, positioning Latin America’s positive displacement pumps sector as a key player in the evolving industrial landscape.

Latin America Positive Displacement Pumps Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on product type, capacity, pump characteristics, raw material, and end use industry.

Product Type Insights:

• Rotary Pumps
  • Vane
  • Screw
  • Lobe
  • Gear
  • Progressing Cavity (PC)
  • Others
• Reciprocating Pumps
  • Piston
  • Diaphragm
  • Plunger
  • Others
• Peristaltic
• Others

The report has provided a detailed breakup and analysis of the market based on the product type. This includes rotary pumps (vane, screw, lobe, gear, progressing cavity (PC), and others), reciprocating pumps( piston, diaphragm, plunger, others), peristaltic, and others.

Capacity Insights:

• Low Capacity Pumps
• Medium Capacity Pumps
• High Capacity Pumps

A detailed breakup and analysis of the market based on the capacity have also been provided in the report. This includes low capacity pumps, medium capacity pumps, and high capacity pumps.

Pump Characteristics Insights:

• Standard Pumps
• Engineered Pumps
• Special Purpose Pumps

A detailed breakup and analysis of the market based on the pump characteristics have also been provided in the report. This includes standard pumps, engineered pumps, and special purpose pumps.

Raw Material Insights:

• Bronze
• Cast Iron
• Polycarbonate
• Stainless Steel
• Others

A detailed breakup and analysis of the market based on the raw material have also been provided in the report. This includes bronze, cast iron, polycarbonate, stainless steel, and others.

End Use Industry Insights:

• Oil and Gas
• Water and Wastewater
• Automotive
• Chemicals and Petrochemicals
• Others

A detailed breakup and analysis of the market based on the end use industry have also been provided in the report. This includes oil and gas, water and wastewater, automotive, chemicals and petrochemicals, and others.

Country Insights:

• Brazil
• Mexico
• Argentina
• Colombia
• Chile
• Peru
• Others

The report has also provided a comprehensive analysis of all the major regional markets, which include Brazil, Mexico, Argentina, Colombia, Chile, Peru, and others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Latin America Positive Displacement Pumps Market News:

• In November 2024, SPX FLOW announced the launch of the CU4plus ASi-5 control unit, leveraging ASi-5 technology to enhance valve control in food and beverage applications. The unit, which can manage up to 96 devices (a 36% increase from previous models), provides four times faster response than ASi-3 and supports up to 32 bytes of process data per unit. It features real-time diagnostics, quick maintenance alerts, automated configuration recovery, and reduces water consumption during Cleaning-In-Place by up to 80%. The technology aims to boost productivity, reduce costs, and enhance system efficiency.
• In May 2023, Armstrong Fluid Technology announced the launch of its new Pressurizing Pump across the residential segment of Latin America. This high-performance pump is developed for the elevation of hydraulic pressure in households having various high-demand equipment.

Latin America Positive Displacement Pumps Market Report Coverage:

Key Questions Answered in This Report:

• How has the Latin America positive displacement pumps market performed so far and how will it perform in the coming years?
• What is the breakup of the Latin America positive displacement pumps market on the basis of product type?
• What is the breakup of the Latin America positive displacement pumps market on the basis of capacity?
• What is the breakup of the Latin America positive displacement pumps market on the basis of pump characteristics?
• What is the breakup of the Latin America positive displacement pumps market on the basis of raw material?
• What is the breakup of the Latin America positive displacement pumps market on the basis of end use industry?
• What is the breakup of the Latin America positive displacement pumps market on the basis of country?
• What are the various stages in the value chain of the Latin America positive displacement pumps market? 
• What are the key driving factors and challenges in the Latin America positive displacement pumps market?
• What is the structure of the Latin America positive displacement pumps market and who are the key players?
• What is the degree of competition in the Latin America positive displacement pumps market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Latin America positive displacement pumps market from 2019-2033.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Latin America positive displacement pumps market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Latin America positive displacement pumps industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.