Progressing Cavity Pump Market Projected to Show Strong Growth: NOV, NETZSCH, Seepex, PCM, Schlumberger

According to a new market research report, the progressing cavity pump market is expected to grow at a CAGR of 5.3% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.8 billion in 2027. Growing developments in investments in water & wastewater treatment, oil & gas, chemicals & petrochemicals, mining is fueling the growth for progressing cavity pumps. The new technology trends in conveying high viscosity fluids and semi-solids is creating numerous opportunities for progressing cavity pump manufacturers.

Key Market Players
NOV (US), NETZSCH (Germany), SEEPEX (Germany), PCM (France), CIRCOR International (US), Schlumberger (US), ChampionX (US), Xylem (US), Sulzer (Switzerland), Borets International (UAE), Wilo (Germany), Verder Liquids (Netherlands), Varisco (Italy), Nova Rotors (Italy), Roto Pumps (India), INOXPA (Spain), Shanghai GL Environmental Technology (China), Zhejiang YONJOU Technology (China), Hangzhou Xinglong Pump Industry (China), Shanghai Pacific Pump Manufacture (China), PSP Pumps (India), Synopumps (India)

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This research report categorizes the progressing cavity pump market by Product Type, Stage Type, Power Rating, Pumping Capacity, End-user Industry, and Region
On the basis of power rating:

Up to 50 hp
51-150 hp
Above 150 hp

On the basis of by pumping capacity:

Up to 500 GPM
501-1,000 GPM
Above 1,000 GPM

On the basis of by end-user industry:

Oil & Gas
Water & Wastewater Treatment
Food & Beverages
Chemicals & Petrochemicals
Others (Mining, Paper & Pulp, Construction & Building, Marine & Defense, and Power)

On the basis of product type:

Dosing Pump
Flanged Pump
Hopper Pump
Food Grade (EHEDGE / 3A certified)
Food Grade (non-certified)
Vertical Pump
Downhole Pump

On the basis of stage type:

Single stage (90 psi)
Double stage (180 psi)
Four stage (360 psi)
Eight stage (720 psi)

On the basis of region:

Asia Pacific
Europe
North America
Middle East & Africa
South America

The water & wastewater treatment segment, by end-user industry, is expected to be the largest progressing cavity pump market during the forecast period

The water & wastewater segment has the largest share of the global progressing cavity pump market owing to rise in the demand in developing countries with increase in the sanitation services for achieving sustainability development goals. As these pumps work efficiently when comes to highly viscous fluids and semi-solids which is fueling the growth for progressive cavity pumps. Moreover factors such as population growth, industrial development are increasing the demand for usage of progressive cavity pumps in wastewater treatment.

51-150 hp segment is expected to be the second largest market, by power rating, during the forecast period

51-150 hp progressing cavity pumps offer various advantages such as less floor space and high performance allow them to be utilized in large number of end-user industries. Also recent developments in the design of 51-150 hp progressing cavity pumps is increasing their demand. These are more suitable in water & wastewater treatment, food & beverages, oil & gas industries.

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Asia Pacific is expected to dominate the global progressing cavity pump market during the forecast period

In this report, the progressing cavity pump market has been analyzed for 5 regions, namely Asia Pacific, North America, Europe, Middle East & Africa, South America. Asia Pacific is expected to lead the market during the forecast period.

Asia Pacific region has undergone rapid developments and growth from the major economies such as China, India, Malaysia, Thailand, Vietnam, South Korea, and Japan. The region has witnessed developments in various sectors such as oil & gas, food & beverages, mining, chemical & petrochemicals in the recent years. For instance in china, there are natural gas explorations and import activities. China new mining policies involving foreign investments in the mining industry has supported to raise the demand for progressing cavity pumps this trend has been observed in different across countries in the region which fueled the growth for progressing cavity pump market.

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