Top 12 Centrifugal Pump Companies in the World

The global centrifugal pump market reached a value of US$ 32.3 Billion in 2023. As per the analysis by IMARC Group, the top companies in the global centrifugal pump market are focusing on various technological advancements, such as the utilization of 3D printing technology that is used to create pump components more efficiently, with high precision and accuracy, improving pump performance and reliability. Moreover, the widespread product adoption in water and wastewater treatment to transport wastewater from homes and businesses to treatment plants, where it is treated to remove contaminants and pollutants, is favoring the market growth. In line with this, the growing need to replace existing industrial pumps in the pharmaceutical and food and beverage (F&B) industries is acting as another growth-inducing factor. Apart from this, key players are utilizing CFD simulation software to optimize pump design and reduce the need for physical prototyping and testing, which is providing an impetus to the market growth. Additionally, the significant expansion in the oil and gas industry is creating a positive outlook for the market. Centrifugal pumps are used for a variety of applications, including crude oil transportation, refining, and extraction. Manufacturers are introducing energy-efficient centrifugal pumps that are designed to minimize energy consumption while maintaining optimal pump performance, which in turn is propelling the market growth. Furthermore, the widespread adoption of magnetic drive centrifugal pumps that use magnets to transfer torque from the motor to the impeller, eliminating the need for a traditional shaft seal, which helps to improve pump reliability and reduce maintenance costs. Besides this, the increasing utilization of automatic recirculation valves (ARVs) in centrifugal pumps to improve safety by preventing pump damage and associated hazards, such as leaks, fires, or explosions, is providing a considerable boost to the market. Other factors, increasing investments for desalination in industrial plants, enhanced research and development (R&D) activities, rapid industrialization and urbanization, and the implementation of various government initiatives to promote the use of energy-efficient pumps are anticipated to drive the market growth. Looking forward, IMARC Group expects the market value to reach US$ 47.2 Billion by 2032, growing at a CAGR of 4.2% during the forecast period (2024-2032).

Learn about opportunities, challenges, and trends in the global Centrifugal Pump market with IMARC’s market research report. Try a free sample today!

List of Top Companies Operating in the Centrifugal Pump Industry:

The global centrifugal pump market has several major players including Baker Hughes (A GE Company), Circor International Inc., Ebara Corporation, Flowserve, Grundfos Holding, ITT Corporation, Pentair Inc., Someflu, Tsurumi Manufacturing Co. Ltd., Weir, Wilo SE, Xylem Inc., etc. More information about these companies has been provided below.

1. Baker Hughes (A GE Company)

Baker Hughes (A GE Company) is an American multinational oilfield service company that provides products and services for oil and gas companies. The company provides products and services for oil well drilling, formation evaluation, completion, production, and reservoir consulting. BHGE's operations are organized into three business segments: Oilfield Services (OFS), Oilfield Equipment (OFE), and Turbomachinery & Process Solutions (TPS). It is committed to innovation and technology development, investing heavily in research and development to improve the efficiency and effectiveness of its products and services.

2. Circor International Inc.

Circor International Inc. is an American global manufacturer of engineered products and technologies used in a wide range of applications, including aerospace, defense, industrial, energy, and process industries. The company's expertise in fluid handling systems and valve technology has helped it develop a diverse range of high-performance centrifugal pumps that meet the demanding requirements of its customers. Circor's centrifugal pumps are designed to provide reliable and efficient performance in a variety of fluid-handling applications. It offers a range of centrifugal pump types, including single-stage, multistage, vertical, and horizontal pumps, as well as specialty pumps designed for specific applications, such as high-pressure or corrosive fluids.

3. Ebara Corporation

Ebara Corporation is a Japanese industrial machinery manufacturer that operates in three primary business segments: fluid machinery and systems, environmental engineering, and precision machinery. Ebara's centrifugal pumps are designed to meet the demanding requirements of these industries and are known for their high efficiency, reliability, and durability. The company offers a wide range of centrifugal pumps, including single-stage pumps, multi-stage pumps, and vertical pumps.

4. Flowserve

The Flowserve Corporation is an American multinational corporation that deals in manufacturing and supplying industrial flow management products and services, including pumps, valves, seals, and automation solutions. The company's products are designed to manage fluid and gas flows in industrial processes, such as pumping, mixing, and controlling the flow of liquids and gases. Flowserve offers a broad range of pumps, including centrifugal pumps, positive displacement pumps, and specialty pumps for specific applications.

5. Grundfos Holding

Grundfos Holding A/S is a Danish multinational company (MNC) that specializes in the design, manufacture, and sale of pumps and related equipment for heating, ventilation, air conditioning (HVAC), water supply, wastewater, and industrial applications. The company offers a range of services, including installation, maintenance, repair, and overhaul of its equipment. Grundfos Holding A/S products are known for their high quality, reliability, and energy efficiency and are designed to meet various international standards.

6. ITT Corporation,

ITT Corporation is a global multi-industry company that provides machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, and chemical industries and advanced technology solutions. The company's centrifugal pumps are known for their high efficiency, reliability, and durability. They are used in a variety of applications, including chemical processing, oil and gas production, water treatment, and industrial processes.

7. Pentair Inc.

Pentair Inc. is a global diversified industrial company specializing in the design, manufacturing, and distribution of water treatment and filtration systems and advanced flow technologies. The company serves a variety of markets, including residential, commercial, industrial, and agricultural, and is committed to providing innovative solutions that improve the quality, safety, and sustainability of water. Pentair's centrifugal pumps are manufactured to the highest standards, using the latest technology and materials. They undergo rigorous testing and quality control procedures to ensure that they meet or exceed customer expectations.

8. Someflu

Someflu is a pump manufacturer specializing in the engineering and manufacturing of corrosion-resistant centrifugal pumps. The pumps are designed for the most difficult industries where corrosion and abrasion resistance are complex to solve. Someflu products are known for their reliability and durability, even in harsh environments. The manufacturing unit is equipped with the most advanced CNC machines, generation software (CAD/CAM), and digitally controlled machines to meet the industry requirements.

9. Tsurumi Manufacturing Co. Ltd.

Tsurumi Manufacturing Co. Ltd. is a Japanese company that specializes in the production of submersible pumps and related equipment. Tsurumi's centrifugal pumps are designed to efficiently move fluids through a system using a spinning impeller that creates a low-pressure area, which draws the fluid into the pump, and a high-pressure area, which pushes the fluid out of the pump. The company offers a wide range of centrifugal pump models, including horizontal and vertical pumps, high-pressure pumps, and pumps for corrosive and abrasive fluids. In addition to this, the company uses advanced technologies and materials to ensure that the products can withstand harsh conditions and operate continuously without downtime.

10. Weir

Weir is a global engineering company specializing in designing and manufacturing industrial pumps and equipment and providing services to the mining, oil and gas, and power industries. The product portfolio includes a wide range of pumps, valves, and other equipment used in various industrial applications. Moreover, Weir's centrifugal pumps are available in a range of sizes and configurations to meet the specific needs of different industries and applications.

11. Wilo SE

Wilo SE is a German manufacturer of pumps and pump systems focusing on centrifugal pumps for various industries and applications. It provides intelligent pump systems that combine pumps, controls, sensors, and other components to provide optimized performance and energy savings. The company's intelligent pump systems are designed to monitor and adjust pump performance based on real-time data and user settings and can be integrated with building automation systems for enhanced control and efficiency.

12. Xylem Inc.

Xylem Inc. is a global water technology company that specializes in the design, manufacture, and service of centrifugal pumps and other advanced water and wastewater solutions. The company offers a wide range of centrifugal pumps that are designed to handle different flow rates, pressures, and fluid types, making them suitable for various applications in industries such as water treatment, mining, agriculture, and energy.

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