Global Positive Displacement (PD) Pumps Market is anticipated to reach USD 4.2 billion by 2025. The pumps that displace various fluids at a constant volume and rate are known as positive displacement (PD) pumps. This industrial pump is extensively employed to transfer fluid from the inlet pressure division into the discharge pipe/tube. The key features of positive displacement (PD) pumps are exceptional performance, resistant to high pressure, and ability to deal with fluids of high viscosities.
The positive displacement market faces a constant competition from the centrifugal pumps market. PD pumps function by entrapping a fixed amount of fluid in it and then by dispersing them into the outlet. These pumps are majorly used because of their ability to exhibit high performance in dealing with fluids with high viscosities and their ability to handle pressure changes. The positive displacement (PD) pumps industry is anticipated to grow at a significant CAGR of 4.4% in the upcoming period as the scope, product types, and its applications are increasing across the globe.
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Positive displacement (PD) pumps market may be explored by type, application, end user, and geography. The market may be explored by product as Rotary, Reciprocating, and Others. The “PD reciprocating pump” segment of positive displacement (PD) pumps was dominant in 2016. This is due the ability of this product to work efficiently under various circumstances comprising high-pressure operations, differential flow pressure operations, and high viscosity operations. Positive displacement (PD) pumps industry may be explored by application as Chemical, Oil and Gas, Water Treatment, Food and Beverages, Pharmaceutical, and Others.
Positive displacement (PD) pumps market may be explored by end user as Food and Beverage industry, Automotive, Aerospace, Small Transformer, Pulp and paper industry, Chemical industry, Pharmaceutical industry, Waste Water purification industry, Power generation, Oil and Gas, Mining, Agriculture. The “Oil and Gas” segment dominated the positive displacement (PD) pumps industry in 2016 and is anticipated to maintain its dominance by 2025 due to growing schemes in the field of oil and gas in developing countries. “Oil and Gas” segment is followed by “Agriculture” segment that is anticipated to grow faster due to high use of water pumps.
Asia-Pacific accounted for the major share of the positive displacement (PD) pumps market size in 2016 and will continue to lead in the forecast period. The factors that could be attributed to the growth include high demand for positive displacement (PD) pumps across the region, and high demand from industries like power, wastewater, mining, and chemical. The emerging countries like India, Japan, and China are the major consumers of positive displacement (PD) pumps in this region.
Some of the key players that fuel the growth of the positive displacement (PD) pumps industry comprise Ebara Corporation, Verder Group, Weir Group, Baker Hughes Incorporated, Del PD Pumps & Gears Ltd., Schlumberger Ltd, Coalfax Corporation, HERMETIC-Pumpen GmbH, Pentair LLC, and IDEX Corporation. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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PD Pumps Product Outlook (Revenue, USD Million, 2014 – 2025)
PD Pumps Application Outlook (Revenue, USD Million, 2014 – 2025)
• Oil and Gas
• Water Treatment
• Food and Beverages
PD Pumps Regional Outlook (Revenue, USD Million, 2014 – 2025)
• North America
• Asia Pacific
• Middle East & Africa
• Saudi Arabia
Related Reports of this Category available at Million Insights: https://www.millioninsights.com/industry/heavy-machinery
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