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The global positive displacement pumps market was valued at US$ 12.11 Billion in 2020.
We expect the global positive displacement pumps market to exhibit a CAGR of 6% during 2021-2026.
The growing need for positive displacement pumps across numerous wastewater treatment activities owing to growing population and industrialization, represents one of the key factors driving the global positive displacement pumps market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary halt in the construction of new wastewater and sewage treatment plants, thereby minimizing the demand for positive displacement pumps.
Based on the product type, the global positive displacement pumps market can be segmented into rotary pumps, reciprocating pumps, peristaltic, and others, where rotary pumps hold the largest market share.
Based on the capacity, the global positive displacement pumps market has been divided into low capacity pumps, medium capacity pumps, and high capacity pumps. Among these, low capacity pumps currently account for the majority of the total market share.
Based on the pump characteristics, the global positive displacement pumps market can be segregated into standard pumps, engineered pumps, and special purpose pumps. Currently, standard pumps lead the global market.
Based on the raw material, the global positive displacement pumps market has been bifurcated into bronze, cast iron, polycarbonate, stainless steel, and others. Among these, bronze material currently exhibits a clear dominance in the market.
Based on the end use industry, the global positive displacement pumps market can be categorized into oil and gas, water and wastewater, automotive, chemicals and petrochemicals, and others. Currently, the water and wastewater industry holds the largest market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific currently dominated the global market.
Some of the major players in the global positive displacement pumps market include Flowserve, Grundfos, ITT, KSB, SPX FLOW, Alfa Laval, Schlumberger, Colfax Corporation (CIRCOR), HERMETIC-Pumpen, Xylem, Sulzer, Baker Hughes, Ebara Corporation, Weir Group, Fristam Pumps, Altra Industrial Motion, AR North America, Verder, Watson-Marlow Fluid Technology Group, etc.
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