Global Positive Displacement Pumps Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

"Global Positive Displacement Pumps Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global positive displacement pumps market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global positive displacement pumps market report has been segmented on the type, application, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and on their economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Overview

Positive displacement pump, is a type of pump which traps confined amounts of liquid and forces it from the suction to the discharge port. Flow rate remains constant with a change in pressure. These pumps are classified into two main groups which includes rotary and reciprocating pumps and finds applications in various end use industries which includes oil & gas, water treatment, chemical, pharmaceutical, and food & beverages etc.

Dynamics

Various benefits offered by positive displacement pumps, as it can handle variations in pressure, flow and viscosity and remain efficient when compared to centrifugal blowers is a major factors driving growth of the global positive displacement pumps market over the forecast period. In addition, increasing demand for positive displacement pumps from oil & gas, chemical, and pharmaceutical industries is expected to propel growth of the target market over the forecast period. In addition, increasing demand for positive displacement pumps from water and wastewater industry is another factor expected to support growth of the global positive displacement pumps market over the forecast period.

Technological innovations in positive displacement pumps is another factor expected to support growth of the global positive displacement pumps market over the forecast period.

However, high cost of positive displacement pumps is expected to hamper growth of the global positive displacement pumps market over the forecast period.

Regional Analysis

Market in Asia Pacific accounted for significant revenue share of the global positive displacement pumps market in terms of revenue contribution as compared to that of markets in other regions, in 2017. In addition, the market in the Asia Pacific is projected to register comparatively faster growth in terms of revenue over the next 10 years.

Rapidly growing urbanization and industrialization particularly in countries India, China, and Japan, have propelled demand for oil & gas, electricity, and chemicals which is a major factor expected to support growth of market in the region over the forecast period.  Increasing number of manufacturing plants, owing to growing public and private investments in the region, coupled with increasing presence of international and domestic players are another major factors expected to propel growth of the market in the region over the forecast period.

North America accounts for second-highest revenue share contribution to the global market, registering a share of XX.X%, followed by markets in the Europe, Latin America, and the Middle East & Africa respectively. Demand for wastewater treatment plants is increasing rapidly in the US, in order to process increasing volumes of wastewater to reduce potential pollution which is another major factor expected to drive growth of the target market in North America over the forecast period.

The markets in Latin America and Middle East & Africa are expected to register moderate growth rate in the global positive displacement pumps market over the forecast period.

Global Positive Displacement Pumps Market Segmentation:

Segmentation on the basis of type:

• Reciprocating
• Rotary

Segmentation on the basis of application:

• Oil & Gas
• Water Treatment
• Chemical
• Pharmaceutical
• Food & Beverages

 Segmentation on the basis of region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa