Centrifugal Pump Market Forecasts to 2028 – Global Analysis By Type (Between Bearing, Overhung Impeller), Capacity (Small, Medium, High), Product Type (Petroleum, Jet Pumps), End User (Construction, Energy) and By Geography
According to Stratistics MRC, the Global Centrifugal Pump Market is accounted for $34.56 billion in 2020 and is expected to reach $63.50 billion by 2028 growing at a CAGR of 7.9% during the forecast period. Surged investments in the global construction industry and high demand for centrifugal pumps from the agricultural sector are the major factors propelling the market growth. However, the cavitation effect in centrifugal pumps is hampering the market growth.
A centrifugal pump is a mechanical device that is designed to increase the pressure of fluids during transportation. It translates the rotational kinetic energy to hydrodynamic energy, which is utilized for accelerating fluids, such as water, chemicals, wastewater, sludge treatment liquids, bleaches, oil, and resins.
Based on the type, the overhung impeller segment is expected to dominate the market due to the extensive use of overhung impellers in commercial, residential, and industrial applications. In addition, it is also utilized in different end-use industries for power generation due to the low cost as compared to bearing pumps.
By geography, North America is going to have a huge demand due to the rise in expenditure on construction activities, coupled with rapidly developing industrial establishments. In addition, the increase in oil and gas production targets, coupled with substantial hydrocarbon reserves, is likely to aid in the expansion of this region.
Some of the key players profiled in the Centrifugal Pump Market include Baker Hughes Company, Circor International, Dover Corporation, Ebara Corporation, Flowserve Corporation, Grundfos, ITT Inc., and KSB SE & Co. KGaA, Pentair, Ruhrpumpen Group, Schlumberger Ltd, Someflu, Sulzer Ltd, Weir Group PLC, Wilo, and Xylem.
Stages Covered:
• Single Stage
• Multistage
• Flow Type
• Seal Less & Circular Pump
• Submersible Pump
• Two Stage Pump
• End Suction Pumps
• Positive Displacement Pump
Operation Types Covered:
• Air-Driven
• Electrical
• Hydraulic
Types Covered:
• Between Bearing
• Overhung Impeller
• Vertically Suspended
• Long-Coupled Centrifugal Pump
• Close-Coupled Centrifugal Pump
Impeller Types Covered:
• Enclosed
• Open
• Partially Open
Capacities Covered:
• Small Capacity
• Medium Capacity
• High Capacity
Product Types Covered:
• Petroleum Industry
• Jet Pumps
• Peripheral Pumps
End Users Covered:
• Commercial & Residential
• Industrial
• Domestic Centrifugal Pumps
• Heating Ventilation and Air Conditioning (HVAC)
• Construction
• Energy
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Centrifugal Pump Market, By Stage
5.1 Introduction
5.2 Single Stage
5.3 Multistage
5.4 Flow Type
5.4.1 Radial Flow Pumps
5.4.2 Axial & Mixed Flow Pump
5.5 Seal Less & Circular Pump
5.6 Submersible Pump
5.7 Two Stage Pump
5.8 End Suction Pumps
5.8.1 Axially Split Case Pumps
5.8.2 Vertical In-line Pump
5.9 Positive Displacement Pump
5.9.1 Reciprocating Pump
5.9.2 Rotary Pump
6 Global Centrifugal Pump Market, By Operation Type
6.1 Introduction
6.2 Air-Driven
6.3 Electrical
6.4 Hydraulic
7 Global Centrifugal Pump Market, By Type
7.1 Introduction
7.2 Between Bearing
7.3 Overhung Impeller
7.4 Vertically Suspended
7.5 Long-Coupled Centrifugal Pump
7.6 Close-Coupled Centrifugal Pump
8 Global Centrifugal Pump Market, By Impeller Type
8.1 Introduction
8.2 Enclosed
8.3 Open
8.4 Partially Open
9 Global Centrifugal Pump Market, By Capacity
9.1 Introduction
9.2 Small Capacity
9.3 Medium Capacity
9.4 High Capacity
10 Global Centrifugal Pump Market, By Product Type
10.1 Introduction
10.2 Petroleum Industry
10.3 Jet Pumps
10.4 Peripheral Pumps
11 Global Centrifugal Pump Market, By End User
11.1 Introduction
11.2 Commercial & Residential
11.3 Industrial
11.3.1 Automotive
11.3.2 Chemicals
11.3.3 Food and Beverages
11.3.4 Mining and Metal
11.3.5 Oil and Gas
11.3.5.1 Oil Extraction
11.3.5.2 Refinery
11.3.6 Pharmaceuticals
11.3.7 Power Generation
11.3.8 Pulp and Paper
11.3.9 Textiles
11.3.10 Water and Wastewater
11.3.11 Sewage Water Treatment
11.3.12 Agricultural
11.3.12.1 Irrigation
11.3.12.2 Dewatering Applications
11.3.12.3 Animal Waste Collection
11.4 Domestic Centrifugal Pumps
11.5 Heating Ventilation and Air Conditioning (HVAC)
11.6 Construction
11.7 Energy
12 Global Centrifugal Pump Market, By Geography
12.1 Introduction
12.2 North America
12.2.1 US
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Germany
12.3.2 UK
12.3.3 Italy
12.3.4 France
12.3.5 Spain
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 Japan
12.4.2 China
12.4.3 India
12.4.4 Australia
12.4.5 New Zealand
12.4.6 South Korea
12.4.7 Rest of Asia Pacific
12.5 South America
12.5.1 Argentina
12.5.2 Brazil
12.5.3 Chile
12.5.4 Rest of South America
12.6 Middle East & Africa
12.6.1 Saudi Arabia
12.6.2 UAE
12.6.3 Qatar
12.6.4 South Africa
12.6.5 Rest of Middle East & Africa
13 Key Developments
13.1 Agreements, Partnerships, Collaborations and Joint Ventures
13.2 Acquisitions & Mergers
13.3 New Product Launch
13.4 Expansions
13.5 Other Key Strategies
14 Company Profiling
14.1 Baker Hughes Company
14.2 Circor International
14.3 Dover Corporation
14.4 Ebara Corporation
14.5 Flowserve Corporation
14.6 Grundfos
14.7 ITT Inc.
14.8 KSB SE & Co. KGaA
14.9 Pentair
14.10 Ruhrpumpen Group
14.11 Schlumberger Ltd
14.12 Someflu
14.13 Sulzer Ltd
14.14 Weir Group PLC
14.15 Wilo
14.16 Xylem
List of Tables
1 Global Centrifugal Pump Market Outlook, By Region (2019-2028) ($MN)
2 Global Centrifugal Pump Market Outlook, By Stage (2019-2028) ($MN)
3 Global Centrifugal Pump Market Outlook, By Single Stage (2019-2028) ($MN)
4 Global Centrifugal Pump Market Outlook, By Multistage (2019-2028) ($MN)
5 Global Centrifugal Pump Market Outlook, By Flow Type (2019-2028) ($MN)
6 Global Centrifugal Pump Market Outlook, By Radial Flow Pumps (2019-2028) ($MN)
7 Global Centrifugal Pump Market Outlook, By Axial & Mixed Flow Pump (2019-2028) ($MN)
8 Global Centrifugal Pump Market Outlook, By Seal Less & Circular Pump (2019-2028) ($MN)
9 Global Centrifugal Pump Market Outlook, By Submersible Pump (2019-2028) ($MN)
10 Global Centrifugal Pump Market Outlook, By Two Stage Pump (2019-2028) ($MN)
11 Global Centrifugal Pump Market Outlook, By End Suction Pumps (2019-2028) ($MN)
12 Global Centrifugal Pump Market Outlook, By Axially Split Case Pumps (2019-2028) ($MN)
13 Global Centrifugal Pump Market Outlook, By Vertical In-line Pump (2019-2028) ($MN)
14 Global Centrifugal Pump Market Outlook, By Positive Displacement Pump (2019-2028) ($MN)
15 Global Centrifugal Pump Market Outlook, By Reciprocating Pump (2019-2028) ($MN)
16 Global Centrifugal Pump Market Outlook, By Rotary Pump (2019-2028) ($MN)
17 Global Centrifugal Pump Market Outlook, By Operation Type (2019-2028) ($MN)
18 Global Centrifugal Pump Market Outlook, By Air-Driven (2019-2028) ($MN)
19 Global Centrifugal Pump Market Outlook, By Electrical (2019-2028) ($MN)
20 Global Centrifugal Pump Market Outlook, By Hydraulic (2019-2028) ($MN)
21 Global Centrifugal Pump Market Outlook, By Type (2019-2028) ($MN)
22 Global Centrifugal Pump Market Outlook, By Between Bearing (2019-2028) ($MN)
23 Global Centrifugal Pump Market Outlook, By Overhung Impeller (2019-2028) ($MN)
24 Global Centrifugal Pump Market Outlook, By Vertically Suspended (2019-2028) ($MN)
25 Global Centrifugal Pump Market Outlook, By Long-Coupled Centrifugal Pump (2019-2028) ($MN)
26 Global Centrifugal Pump Market Outlook, By Close-Coupled Centrifugal Pump (2019-2028) ($MN)
27 Global Centrifugal Pump Market Outlook, By Impeller Type (2019-2028) ($MN)
28 Global Centrifugal Pump Market Outlook, By Enclosed (2019-2028) ($MN)
29 Global Centrifugal Pump Market Outlook, By Open (2019-2028) ($MN)
30 Global Centrifugal Pump Market Outlook, By Partially Open (2019-2028) ($MN)
31 Global Centrifugal Pump Market Outlook, By Capacity (2019-2028) ($MN)
32 Global Centrifugal Pump Market Outlook, By Small Capacity (2019-2028) ($MN)
33 Global Centrifugal Pump Market Outlook, By Medium Capacity (2019-2028) ($MN)
34 Global Centrifugal Pump Market Outlook, By High Capacity (2019-2028) ($MN)
35 Global Centrifugal Pump Market Outlook, By Product Type (2019-2028) ($MN)
36 Global Centrifugal Pump Market Outlook, By Petroleum Industry (2019-2028) ($MN)
37 Global Centrifugal Pump Market Outlook, By Jet Pumps (2019-2028) ($MN)
38 Global Centrifugal Pump Market Outlook, By Peripheral Pumps (2019-2028) ($MN)
39 Global Centrifugal Pump Market Outlook, By End User (2019-2028) ($MN)
40 Global Centrifugal Pump Market Outlook, By Commercial & Residential (2019-2028) ($MN)
41 Global Centrifugal Pump Market Outlook, By Industrial (2019-2028) ($MN)
42 Global Centrifugal Pump Market Outlook, By Automotive (2019-2028) ($MN)
43 Global Centrifugal Pump Market Outlook, By Chemicals (2019-2028) ($MN)
44 Global Centrifugal Pump Market Outlook, By Food and Beverages (2019-2028) ($MN)
45 Global Centrifugal Pump Market Outlook, By Mining and Metal (2019-2028) ($MN)
46 Global Centrifugal Pump Market Outlook, By Oil and Gas (2019-2028) ($MN)
47 Global Centrifugal Pump Market Outlook, By Pharmaceuticals (2019-2028) ($MN)
48 Global Centrifugal Pump Market Outlook, By Power Generation (2019-2028) ($MN)
49 Global Centrifugal Pump Market Outlook, By Pulp and Paper (2019-2028) ($MN)
50 Global Centrifugal Pump Market Outlook, By Textiles (2019-2028) ($MN)
51 Global Centrifugal Pump Market Outlook, By Water and Wastewater (2019-2028) ($MN)
52 Global Centrifugal Pump Market Outlook, By Sewage Water Treatment (2019-2028) ($MN)
53 Global Centrifugal Pump Market Outlook, By Agricultural (2019-2028) ($MN)
54 Global Centrifugal Pump Market Outlook, By Domestic Centrifugal Pumps (2019-2028) ($MN)
55 Global Centrifugal Pump Market Outlook, By Heating Ventilation and Air Conditioning (HVAC) (2019-2028) ($MN)
56 Global Centrifugal Pump Market Outlook, By Construction (2019-2028) ($MN)
57 Global Centrifugal Pump Market Outlook, By Energy (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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