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Download Free sampleThe global Centrifugal Pump & Positive Displacement Pump market was valued at 9301.22 Million USD in 2021 and will grow with a CAGR of 2.5% from 2021 to 2027, based on Research newly published report.
The prime objective of Centrifugal Pump Positive Displacement Pump Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Centrifugal Pump Positive Displacement Pump Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Centrifugal pumps are a sub-class of dynamic axisymmetric work-absorbing turbo machinery. Centrifugal pumps are used to transport fluids by the conversion of rotational kinetic energy to the hydrodynamic energy of the fluid flow. The rotational energy typically comes from an engine or electric motor. The fluid enters the pump impeller along or near to the rotating axis and is accelerated by the impeller, flowing radially outward into a diffuser or volute chamber (casing), from where it exits. Common uses include water, sewage, petroleum and petrochemical pumping.
Currently, some companies in the world can produce Positive Displacement Pump product, mainly concentrating in China. The main market players are ITT Corporation, Flowserve, KSB AG, Sulzer, Ebara, Grundfos, Weir, Wilo AG Mingzhu M&E, Huangshan RSP, etc. The production of positive displacement pump increased to from 14705 K Unit in 2011 to 17885 K Unit in 2015, with an average growth rate of 5.01%. In consumption market, the growth rate of global consumption is smooth relatively. North America and Europe are still the mainly consumption regions due to the advanced production technology and rapid development of economy.
causes a fluid to move by trapping a fixed amount of it then forcing (displacing) that trapped volume into the discharge pipe. It can be widely used in many industries. Survey results showed that 65.31% of the Positive Displacement Pump market is OEM, 34.69% is aftermarket in 2015. With the development of economy, these industries will need more Positive Displacement Pump. So, Positive Displacement Pump has a huge market potential in the future. The major raw material for centrifugal pump & positive displacement pump is motor, stainless steel, cast iron, etc.
On the global market, supply of raw materials is full. Fluctuations in the price of the upstream product will impact on the production cost of centrifugal pump & positive displacement pump industry. We tend to believe this industry is a promising industry, and the consumption increasing degree will show a smooth growth curve. For product prices, the slow downward trend in recent years will maintain in the future as competition intensifies. Besides, prices gap between different brands will go narrowing gradually. Also, there will be fluctuation in gross margin.
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