Rotary Pumps Market

Global Rotary Pumps Market Snapshot

The global rotary pumps market is estimated at USD 6.7 Billion in 2022 and is forecast to surpass USD 11.2 Billion by 2032, growing at a CAGR of 5.3% during 2022-2032.

Report Attributes	Details
Base Year Value (2021A)	USD 6.4 Billion
Estimated Year Value (2022E)	USD 6.7 Billion
Projected Year Value (2032F)	USD 11.2 Billion
Global Growth Rate (2022-2032)	5.3%
East Asia Market Share in 2021	~43%
East Asia Market Growth Rate (2022-2032)	5.8%
Top 5 Companies Market Share in 2021	~32%
Key Companies Profiled	Xylem Inc. Flowserve Corporation KSB SE & Co. KGaA HMS Group Pentair Ltd. SPX Flow Dover Corporation Alfa Laval Gardner Denver Inc. IDEX Corporation ITT Inc. Roper Technologies Inc.

The global rotary pumps market accounts for ~9% of the global industrial pumps market in 2022. The global rotary pumps market is estimated to provide an absolute $ opportunity of USD 4.5 Billion during the assessment period of 2022-2032.

2017-2021 Global Rotary Pumps Market Outlook in Comparison to 2022-2032 Growth Forecast

Rotary pumps have always been in high demand due to their ability of pumping gases and liquids without undergoing any head loss. This ability makes such pumps the go-to-choice for industrialists looking for sustainable pumps that incur low overall cost for longer duration. In accordance to the above scenario, global rotary pump grew with 1.4X factor over past half-decade.

With continuous advancements in industrial operations, demand of such a pump which can work efficiently in high differential pressure and can pump high-viscosity fluids through compact designs started gaining traction. As a result of which, cost-effective rotary pumps felt increase in their market size and is poised to provide revenue boost to its manufacturers in next 10 years.

Moreover, upcoming trend of significant applications for rotary pumps in Internet of Things (IoT) will escalate the present market valuation by 2.3X factor by 2032 end.

Fact.MR projects the rotary pumps market is expected to witness exhibiting growth at 5.3% CAGR during 2022-2032 in comparison to a CAGR of 4.2% with which it grew from 2017 to 2021.

Rotary Pump Manufacturers Compete on Prices in Highly Lucrative Markets in Emerging Economies

Growing access to water supply and importance of sanitation in most developing nations is generating numerous opportunities for rotary pump market players.

Furthermore, increased disposable income of consumers is inducing a rise in discretionary spending, especially on chemicals and fuel, which is boosting demand for rotary pumps in process manufacturing industries in developing countries.

Recent growth in infrastructure developments and ongoing industrialization in emerging economies, such as India and China, are further complementing adoption of rotary pumps. This is likely to heighten competition in the rotary pumps market in developing countries, as it will remain highly consolidated among leading rotary pump manufacturers.

Incorporation of IT Services in Pump Designs – An Emerging Trend in the Rotary Pump Market

Internet of Things (IoT) and Industry 4.0 are among the advanced technologies that are rapidly covering grounds in the industrial automation space.

Pump manufacturers are eyeing opportunities to introduce highly efficient and cost-effective pumps and capitalize on growing preeminence of advanced technologies in industrial sectors.

For example, Pentair plc – a water treatment company headquartered in the U.S. – recently introduced energy-efficient pool pumps integrated with next-generation connected technologies that can automate various processes such as heating, filtering, moving, or sanitizing pool water.

Another leading player in the rotary pumps market – ITT Inc. recently introduced i-ALERT compatible Bluetooth® Smart Pressure Sensor, using the Industrial Internet of Things (IIoT) technology platform to provide a monitoring solution for industrial pump applications, including rotary pumps.

A majority of rotary pump manufacturers are likely to adopt strategies to incorporate Software-as-a-Service (SaaS) models and other IT services with conventional design of rotary pumps to introduce value-added characteristics of pumps.

Thereby, launching innovative models of smart or intelligent rotary pumps and consolidating a stronger position in the rotary pumps market as a One-stop solution providers is likely to emerge as a predominant market trend in the coming years.

Stressed Oil & Gas Industry may Cause a Plunge in Sales of Rotary Pumps

The oil price collapse and declining levels of petroleum and natural gas exports are impeding growth of the oil & gas industry. The oil price crash is leading to upset the global economy, making a severe impact on oil & gas market player.

Additionally, it has a major share in causing a sharp decline in demand for rotary pumps in oil & gas industrial applications, as rotary pumps are among the most sought-after types of pumps used to handle fuel oils and natural gas.

Manufacturers in rotary pumps market are likely to shift their focus on capturing sales opportunities in other application industries as declining oil & gas industry is restricting developments in the rotary pumps market.

Region-wise Insights

Which Region Accounts for More Concentrated Demand of Rotary Pumps?

Market players for rotary pumps are migrating their production facilities in Asian countries, where labor cost is lower, to scale higher on the cost-efficient features of rotary pumps and boost profitable sales located in India, China and other such high potential markets.

Applying optimized pricing strategy for rotary pumps is aiding market players to establish a stronger position in highly competitive local markets of aforementioned emerging economies.

Thus, China and India are the most lucrative markets for rotary pumps and are expected to maintain dominance in the region, which collectively holds 23% of the overall market share currently.

As many power generation industries are located in East Asia, the demand for rotary pumps in its countries is projected to grow at a CAGR of 5.8% over the assessment years of 2022-2032. Additionally, investments in power and other industrial sectors is expected to trigger market growth in coming years.

Category-wise Insights

Which Application is expected to be the Largest Contributor in Revenue Generation for Rotary Pump Market during the Forecast Period?

Rotary pumps are a popular type of positive displacement pumps among end-users from a wide range of industrial sectors, such as water & wastewater, power generation, chemical, and oil & gas. Owing to the extraordinary design benefits, rotary pumps present one of the most versatile pumping solution that can handle high viscosity fluids in a vast range of industrial applications.

Furthermore, it can pump liquids at high temperatures and liquids with gas or vapor contents more efficiently than any other type of pumps, which further expands the range of applications of rotary pumps. Manufacturers in the rotary pumps market are promoting the unique performance characteristics of rotary pumps to expand sales across various industrial territories.

Comprehending the aforementioned sectors, industrial application segment generated ~42% of overall market valuation for rotary pumps in 2021 which is expected to generate around 51% of the same by 2032 end. Thus, this segment is expected to provide a gain of 900 BPS during the forecast period of 2022-2032.

Competitive Landscape: Top Companies in Rotary Pumps Market

The global rotary pumps market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.

Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced rotary pumps.

Fact.MR has provided detailed information about price points of top manufacturers of rotary pumps market positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

For instance: Gardner Denver Holdings Inc., leading provider of flow control and compression equipment, recently acquired DV Systems – a Canadian manufacturer of compressed air solutions, to leverage its core technologies to enter new markets in coming future. The company also acquired Runtech Systems, earlier this year, which is a leading player in the pulp & paper industry, for around USD 93 Million.

Global Rotary Pumps Market by Category

• By Product Type :

  • Gear
  • Vane
  • Screw
  • Lobe
  • Progressive Cavity Pumps
  • Piston
  • Peristaltic

• By Capacity :

  • Small (Up to 500 gpm)
  • Medium (500-1,000 gpm)
  • High (More than 1,000 gpm)

• By End-Use Application :

  • Oil, Gas & Refining
    • Oil & Gas Onshore
    • Oil & Gas Offshore
    • Oil Refining
  • Chemical
    • Chemicals-Basic
    • Chemicals-Downstream
  • Water & Wastewater
    • Industrial
    • Municipal
  • General Industry
    • Pulp & Paper
    • Metal Manufacturing
    • Food & Beverage
    • Pharmaceuticals
    • Shipbuilding
    • Mining
    • Harbor, Docks& Canals
    • Building Services
    • Construction Dewatering
    • Domestic/Residential Building
  • Power Generation
    • Power-Coal Oil
    • Power-Combined Cycle Gas
    • Power-Hydroelectric
    • Power-Nuclear

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA