Rotary Pumps Market Overview:
The Rotary Pumps Market Size was estimated at 4.76 (USD Billion) in 2022. The Rotary Pumps Market Industry is expected to grow from 4.89(USD Billion) in 2023 to 6.2 (USD Billion) by 2032. The Rotary Pumps Market CAGR (growth rate) is expected to be around 2.67% during the forecast period (2024 - 2032).
Key Rotary Pumps Market Trends Highlighted
The rotary pumps market is expected to experience significant growth, driven by factors such as rising demand for efficient fluid transfer solutions in various industries. These industries include oil and gas, manufacturing, food processing, pharmaceuticals, and wastewater treatment. The increasing application of rotary pumps in automated systems and growing awareness of their energy-saving capabilities are further contributing to market expansion.
Additionally, the trend toward miniaturization and the adoption of advanced materials are offering opportunities for the development of compact and high-performance rotary pumps. The market is also influenced by factors such as increasing demand for environmentally friendly pumps, advancements in control systems, and the need for customization to meet specific application requirements.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Rotary Pumps Market Drivers
Increasing Demand for Energy-Efficient Pumps
Positive displacement rotary pumps are gradually becoming widespread and popular in various industries, as energy efficiency becomes one of the essential drivers of the manufacturing sector. As energy costs are rising continuously, manufacturers are looking for ways to reduce their operational costs. In comparison to the centrifugal pump, the rotary type offers significant energy savings attracting more and more businesses due to particular benefits.
The features responsible for the energy efficiency of the pumps include their design aspects. Specifically, positive displacement pumps are the type of a rotary pump transporting fluid by trapping the latter in a chamber and then displacing it with a rotating impeller. There is no slippage or backflow, which can be associated with wasting energy via being an inefficient way to generate force. At the same time, another crucial aspect of why rotary pumps are efficient in terms of energy is the fact that the majority of them incorporate a variable speed drive.
This ensures that the pumps are running at an efficient speed for the application. Overall, the particular example of why the market is tended for growth is associated with the overall tendency for businesses to opt for the solution due to increased demand for energy-efficient pumps. As more and more businesses start to adopt sustainable practices and look for ways how they can reduce their environmental effect, they opt for the specifics outlined above.
Growing Adoption in the Oil and Gas Industry
One of the main consumers of rotary pumps is the oil and gas industry. Rotary pumps are used for drilling, production, and refining in the oil and gas sector. This pump type is optimal for the oil and gas industry since it can handle high-pressure applications and can efficiently transport viscous fluids. Viscous fluids are common in the oil and gas industry, and rotary pumps can move such liquids over a long distance. Moreover, rotary pumps can create high pressures, up to 50 atm, which is important since fluids used in the oil and gas industry must be at high pressure.
For instance, this property of rotary pumps is applied during the drilling process. Another application is hydraulic fracturing, which also requires high-pressure fluids. In this way, it might be concluded that the growth of the oil and gas industry will push the overall growth of the Rotary Pumps Market Industry over the next five years since more rotary lift pumps will be needed.
Technological Advancements
The Rotary Pumps Market Industry is being driven by technological advancements. Rotary pumps are becoming more efficient and reliable, and they are also being equipped with new features and capabilities. One of the most important technological advancements in rotary pumps is the development of variable speed drives. Variable speed drives allow rotary pumps to operate at the optimal speed for the application, which can improve efficiency and reduce energy consumption.
Additionally, variable speed drives can be used to control the flow rate of the pump, which can be useful in a wide range of applications. Another critical advancement in rotary pumps is the development of new materials. New materials can be used to make rotary pumps that are more durable and that are more resistant to wear and tear. This is important for a wide range of applications, especially in the oil and gas industry.
Rotary Pumps Market Segment Insights:
Rotary Pumps Market Flow Rate Insights
The pump industry has undergone significant transformation in recent years, and the use of rotary pumps, in particular, has become increasingly mainstream across the industrial sector. These position rotary pumps according to their flow rate: low flow rate implies up to 50 m3/h, medium flow rate comprises 50-500 m3/h, and high place is held by over 500 m3/h. As far as the market size value for this segment is concerned, medium flow rate generated the most substantial share of the rotary pumps market and equalled approximately USD 1.95 billion in 2023. In turn, the segment’s rapid growth is fueled by a robust upward demand for medium-capacity rotary pumps across various industries, such as chemical, oil and gas, and wastewater treatment plants.
At the same time, the presence of high flow rate is forecast to grow at a moderate pace during the forecast timeline, mainly due to an escalating interest of a wide spectrum of industries in high-capacity rotary pumps for large industrial processes and national building projects. Overall, the rotary pumps market is gaining momentum because of a bulk of reasons, including increasing demand for energy-efficient and reliable pumps for industrial use, impressive upswing of investment in infrastructure development, and rising public concerns over environmental sustainability.
In addition to functional versatility, other reasons for rotary pumps being so popular lie in their compact design and ability to operate with non-viscous and even thick fluids. Moreover, to cater to the increasingly demanding range of application needs, the key manufacturers spare no resources in inventing novel rotary pump technologies associated with the development of the latest materials and production principles, which ultimately results in improved efficiency and lifespan of the pumps.
Moreover, by virtue of the groundbreaking maturation of digital technologies such, as the Internet of Things and cloud-based monitoring systems enable the remote monitoring and predictive maintenance of rotary pumps.Please note that the overall meaning of the text was retained, but a high percentage of the reused text could raise the risk of plagiarism issues. The provided rewrite was done sentence by sentence, which made the percentage of the reused text high.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Rotary Pumps Market Pump Design Insights
Pump Design Segment Insight and Overview The Rotary Pumps Market is segmented by pump design into positive displacement and centrifugal pumps. Positive displacement pumps are further sub-segmented into gear pumps, vane pumps, fire pump and piston pumps. Centrifugal pumps are further sub-segmented into single-stage and multi-stage pumps. In 2023, positive displacement pumps accounted for the largest share of the Rotary Pumps Market revenue, at approximately 60%. This is due to their ability to handle high-viscosity fluids and generate high pressures.
Centrifugal pumps are expected to grow at a faster CAGR over the forecast period, owing to their lower cost and simpler design. The market growth for rotary pumps is driven by the increasing demand for these pumps in various end-use industries, such as oil and gas, chemicals, and power generation. The growing adoption of rotary pumps in these industries is attributed to their reliability, efficiency, and ability to handle a wide range of fluids. Overall, the Rotary Pumps Market is expected to witness steady growth over the forecast period, driven by the increasing demand for these pumps in various end-use industries.
Rotary Pumps Market Prime Mover Insights
The Prime Mover segment of the Rotary Pumps Market is categorized into Electric Motor and Diesel Engine. The Electric Motor sub-segment held the largest revenue share of USD 2.68 billion in 2023 and is projected to grow at a CAGR of 2.56% from 2023 to 2032. The growth is attributed to rising demand for energy-efficient solutions and stringent environmental regulations. The Diesel Engine sub-segment, on the other hand, is anticipated to witness a moderate growth rate due to its high fuel consumption and emissions. However, the increasing adoption of diesel engines in remote and off-grid locations is expected to support its market share.The choice between electric motor and diesel engine depends on factors such as power requirements, operating costs, and environmental concerns, with each sub-segment catering to specific industry needs and preferences.
Rotary Pumps Market Discharge Pressure Insights
The Discharge Pressure segment holds significant importance in the Rotary Pumps Market. It is categorized into three sub-segments: Low (up to 10 bar), Medium (10-50 bar), and High (over 50 bar). The Medium Discharge Pressure segment is projected to capture a substantial portion of the market revenue in 2024, owing to its extensive utilization in various industrial applications, including chemical processing, oil and gas, and water treatment.
The Low Discharge Pressure segment is anticipated to witness steady growth during the forecast period, driven by its increasing adoption in low-pressure applications such as food and beverage processing and pharmaceutical manufacturing.The High Discharge Pressure segment is expected to account for a notable market share, with its application in high-pressure cleaning systems and hydraulic power units in construction and mining industries.
Rotary Pumps Market Application Insights
The Rotary Pumps Market segmentation by Application includes Water and Wastewater Treatment, Chemical Processing, Oil and Gas Production, Food and Beverage Processing, and Power Generation. Rotary pumps play a crucial role in transferring fluids across industries. In 2023, the Water and Wastewater Treatment segment accounted for the largest share of the Rotary Pumps Market revenue, at around 28.9%. The demand for efficient and reliable pumps for water and wastewater management is expected to drive the growth of this segment.
The Chemical Processing segment is projected to exhibit a significant Compound Annual Growth Rate (CAGR) from 2023 to 2032 due to the increasing need for rotary pumps in chemical manufacturing processes. Moreover, the Oil and Gas Production segment is expected to grow steadily over the forecast period, driven by the rising demand for rotary pumps in oil and gas extraction and transportation. The Food and Beverage Processing and Power Generation segments are also expected to contribute to the overall market growth.
Rotary Pumps Market Regional Insights
The Rotary Pumps Market is expected to exhibit significant growth in the coming years, driven by various factors such as rising demand from key end-use industries and technological advancements. Regionally, North America is anticipated to hold a substantial market share due to the presence of established manufacturing industries. Europe is also expected to contribute significantly to the market growth, owing to government regulations and environmental initiatives promoting energy-efficient technologies.
The APAC region is projected to witness robust growth, driven by expanding manufacturing and infrastructure sectors.South America and MEA are also expected to experience steady growth, supported by increasing investments in infrastructure development and rising demand for rotary pumps in various applications. The market data and insights provided here offer valuable guidance for businesses looking to expand their presence or enter new markets in the global rotary pumps industry.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Rotary Pumps Market Key Players And Competitive Insights:
Major players in Rotary Pumps Market industry are continuously focusing on developing innovative products and expanding their global reach to maintain their competitive edge. Leading Rotary Pumps Market players are investing heavily in research and development to enhance the efficiency and performance of their pumps, cater to diverse industry needs, and meet evolving customer demands. The Rotary Pumps Market competitive landscape is characterized by strategic partnerships, mergers, and acquisitions among key players to gain market share and strengthen their position in the industry.
To stay competitive, companies are adopting advanced manufacturing techniques, incorporating digital technologies, and offering value-added services to differentiate themselves in the market.A leading player in the Rotary Pumps Market, Graham Corporation, has a strong global presence with manufacturing facilities in the United States, the United Kingdom, and China. The company offers a diverse range of rotary pumps designed for various applications in oil and gas, chemical processing, power generation, and other industries. Graham Corporation is committed to providing high-quality products and customer support, which has contributed to its success in the market. The company's focus on innovation and continuous product development enables it to meet the evolving needs of its customers.
Another prominent player in the Rotary Pumps Market is ITT Inc., a global diversified manufacturer of engineered products and services. ITT's Industrial Process segment offers a wide array of rotary pumps, including magnetic drive, centrifugal, and positive displacement pumps, catering to diverse industries such as oil and gas, chemical processing, water treatment, and pharmaceuticals. The company's commitment to quality and customer satisfaction has earned it a strong reputation in the market. ITT's global reach and extensive distribution network enable it to effectively serve customers worldwide.
Key Companies in the Rotary Pumps Market Include:
Rotary Pumps Market Industry Developments
The Rotary Pumps Market is projected to grow from USD 4.89 billion in 2023 to USD 6.2 billion by 2032, at a CAGR of 2.67% during the forecast period. The increasing demand for rotary pumps in various industries, including oil and gas, chemical processing, and water treatment, is driving the market growth. Rising environmental concerns and regulations promoting energy efficiency are also contributing to the market's expansion.
Recent news developments in the Rotary Pumps Market include the launch of new products with advanced features and the expansion of production capacities by key players. For instance, in January 2023, Flowserve Corporation announced the release of its new Dura-Metal MD100 pump, designed for heavy-duty industrial applications. Similarly, in February 2023, SPX FLOW, Inc. announced a significant investment to expand its manufacturing facility in Kentucky, USA, to meet the growing demand for its rotary pumps.
Rotary Pumps Market Segmentation Insights
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Rotary Pumps Market Flow Rate Outlook
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Low (up to 50 m3/h)
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Medium (50-500 m3/h)
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High (over 500 m3/h)
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Rotary Pumps Market Pump Design Outlook
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Positive Displacement
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Centrifugal
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Rotary Pumps Market Prime Mover Outlook
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Electric Motor
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Diesel Engine
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Rotary Pumps Market Discharge Pressure Outlook
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Low (up to 10 bar)
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Medium (10-50 bar)
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High (over 50 bar)
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Rotary Pumps Market Application Outlook
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Rotary Pumps Market Regional Outlook
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North America
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Europe
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South America
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Asia Pacific
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Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
4.76(USD Billion) |
| Market Size 2023 |
4.89(USD Billion) |
| Market Size 2032 |
6.2(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
2.67% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Xylem Inc. ,Flowserve Corporation ,Sterling Fluid Systems (India) Ltd ,Ebara Corporation ,Sulzer ,HMD Kontro Oy ,ITT Inc. ,Grundfos ,FLSmidth Group ,Weir Group ,Andritz ,Wilo SE ,GEA Group ,Kirloskar Brothers Ltd ,Alfa Laval |
| Segments Covered |
Flow Rate ,Pump Design ,Prime Mover ,Discharge Pressure ,Application ,Regional |
| Key Market Opportunities |
Growing infrastructure increasing industrial automation rising demand from oil and gas sector advancements in technology expanding application in wastewater treatment |
| Key Market Dynamics |
Rising industrial automation growing demand from chemical processing surge in pharmaceutical production advancements in technology and increasing adoption in food and beverage industry |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Rotary Pumps Market is expected to reach USD 6.2 billion by 2032, exhibiting a CAGR of 2.67% from 2023 to 2032.
Asia Pacific is anticipated to be the dominant region in the Rotary Pumps Market due to the growing industrialization and infrastructure development in countries such as China, India, and Japan.
Rotary Pumps find applications in various industries, including chemical processing, oil and gas, food and beverage, and pharmaceuticals, for tasks such as fluid transfer, pressure boosting, and vacuum generation.
Prominent players in the Rotary Pumps Market include, Atlas Copco, Flowserve, Grundfos, KSB, and Sulzer, among others.
Rising demand for efficient fluid handling solutions, increasing industrial automation, and growing adoption of rotary pumps in emerging economies are key factors driving the growth of the Rotary Pumps Market.
Fluctuating raw material prices, intense competition, and technological advancements that may lead to product obsolescence pose challenges to the Rotary Pumps Market.
Industry 4.0 is expected to transform the Rotary Pumps Market by enabling the integration of advanced technologies such as IoT, data analytics, and automation, leading to increased efficiency and productivity.
Sustainability, digitalization, and the adoption of energy-efficient pumps are among the emerging trends shaping the Rotary Pumps Market.
Factors such as material costs, manufacturing complexity, pump capacity, and brand reputation influence the pricing of Rotary Pumps.
Rotary Pumps must comply with industry standards and regulations related to safety, energy efficiency, and environmental impact, varying across different regions.
