Mud Pumps Market Forecasts to 2028 – Global Analysis By Driven System (Fuel Engine, Electric), Type (Six Cylinder, Three Cylinder, Double Cylinder), Application (Offshore, Onshore/On Land, Drilling Equipment), and By Geography
According to Stratistics MRC, the Global Mud Pumps Market is accounted for $854.82 million in 2020 and is expected to reach $1,414.73 million by 2028 growing at a CAGR of 6.5% during the forecast period. Some of the key factors propelling the market growth include rising exploration activities, growth in R&D activities for improving shelf life of the pumps, increase in the directional & horizontal petroleum drilling activities across the world, and quickly expanding mining industry. However, high cost of drilling and environmental risks may hinder the market growth.
The mud pump is also known as a drilling pump that is used for moving & circulating drilling fluids in onshore & offshore oil & gas and mining industries. It consists of piston or nozzle tube system for transferring fluids at significantly lofty pressures. It can handle pressure up to 7500 psi and flow rate varying from 100 to 1300 gallons/minute. These pumps are bulky & robust as they are operated in rugged and hostile environments.
By product, the triplex pumps segment is expected to grow at the significant rate during the forecast period, due to its advantages, most frequently used option in drilling rigs, smaller weight offering analogous effectiveness, and ongoing substitution of duplex pumps with triplex pumps.
On the basis of geography, Asia Pacific is expected to be the significant-growing market during the forecast period, due to the rapid industrialization & urbanization and increase in number of oil wells in the region.
Some of the key players in Mud Pumps Market include Sulzer AG, Weir Group, Weatherford International plc., Halliburton, Gardner Denver Inc., Schlumberger Limited, KSB Group, Xylem Inc., National Oil Varco Inc., Ohara Corporation, LEO Group, Flowserve Corporation, Honghua Group Limited, Kirloskar Ebara Pumps Limited, General Electric Company, Mud King Products, Inc., Metso, and Tsurumi Pump.
Driven Systems Covered:
• Fuel Engine
• Electric
Products Covered:
• Centrifugal Pumps
• Positive Displacement Pumps
• Quintuplex Pumps
• Hex Pumps
Operations Covered:
• Double Acting Pumps
• Single Acting Pumps
Types Covered:
• Six Cylinder
• Three Cylinder
• Double Cylinder
Components Covered:
• Power End
• Fluid End
Applications Covered:
• Offshore
• Onshore/On Land
• Drilling Equipment
End Users Covered:
• Construction (Building Industry)
• Mining
• Oil and Gas (Oil Drilling Industry)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
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 analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 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 Mud Pumps Market, By Driven System
5.1 Introduction
5.2 Fuel Engine
5.3 Electric
6 Global Mud Pumps Market, By Product
6.1 Introduction
6.2 Centrifugal Pumps
6.3 Positive Displacement Pumps
6.3.1 Duplex Pumps
6.3.2 Triplex Pumps
6.4 Quintuplex Pumps
6.5 Hex Pumps
7 Global Mud Pumps Market, By Operation
7.1 Introduction
7.2 Double Acting Pumps
7.3 Single Acting Pumps
8 Global Mud Pumps Market, By Type
8.1 Introduction
8.2 Six Cylinder
8.3 Three Cylinder
8.4 Double Cylinder
9 Global Mud Pumps Market, By Component
9.1 Introduction
9.2 Power End
9.3 Fluid End
10 Global Mud Pumps Market, By Application
10.1 Introduction
10.2 Offshore
10.3 Onshore/On Land
10.4 Drilling Equipment
11 Global Mud Pumps Market, By End User
11.1 Introduction
11.2 Construction (Building Industry)
11.3 Mining
11.4 Oil and Gas (Oil Drilling Industry)
12 Global Mud Pumps 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 Sulzer AG
14.2 Weir Group
14.3 Weatherford International plc.
14.4 Halliburton
14.5 Gardner Denver Inc.
14.6 Schlumberger Limited
14.7 KSB Group
14.8 Xylem Inc.
14.9 National Oil Varco Inc.
14.10 Ohara Corporation
14.11 LEO Group
14.12 Flowserve Corporation
14.13 Honghua Group Limited
14.14 Kirloskar Ebara Pumps Limited
14.15 General Electric Company
14.16 Mud King Products, Inc.
14.17 Metso
14.18 Tsurumi Pump
List of Tables
1 Global Mud Pumps Market Outlook, By Region (2019-2028) ($MN)
2 Global Mud Pumps Market Outlook, By Driven System (2019-2028) ($MN)
3 Global Mud Pumps Market Outlook, By Fuel Engine (2019-2028) ($MN)
4 Global Mud Pumps Market Outlook, By Electric (2019-2028) ($MN)
5 Global Mud Pumps Market Outlook, By Product (2019-2028) ($MN)
6 Global Mud Pumps Market Outlook, By Centrifugal Pumps (2019-2028) ($MN)
7 Global Mud Pumps Market Outlook, By Positive Displacement Pumps (2019-2028) ($MN)
8 Global Mud Pumps Market Outlook, By Duplex Pumps (2019-2028) ($MN)
9 Global Mud Pumps Market Outlook, By Triplex Pumps (2019-2028) ($MN)
10 Global Mud Pumps Market Outlook, By Quintuplex Pumps (2019-2028) ($MN)
11 Global Mud Pumps Market Outlook, By Hex Pumps (2019-2028) ($MN)
12 Global Mud Pumps Market Outlook, By Operation (2019-2028) ($MN)
13 Global Mud Pumps Market Outlook, By Double Acting Pumps (2019-2028) ($MN)
14 Global Mud Pumps Market Outlook, By Single Acting Pumps (2019-2028) ($MN)
15 Global Mud Pumps Market Outlook, By Type (2019-2028) ($MN)
16 Global Mud Pumps Market Outlook, By Six Cylinder (2019-2028) ($MN)
17 Global Mud Pumps Market Outlook, By Three Cylinder (2019-2028) ($MN)
18 Global Mud Pumps Market Outlook, By Double Cylinder (2019-2028) ($MN)
19 Global Mud Pumps Market Outlook, By Component (2019-2028) ($MN)
20 Global Mud Pumps Market Outlook, By Power End (2019-2028) ($MN)
21 Global Mud Pumps Market Outlook, By Fluid End (2019-2028) ($MN)
22 Global Mud Pumps Market Outlook, By Application (2019-2028) ($MN)
23 Global Mud Pumps Market Outlook, By Offshore (2019-2028) ($MN)
24 Global Mud Pumps Market Outlook, By Onshore/On Land (2019-2028) ($MN)
25 Global Mud Pumps Market Outlook, By Drilling Equipment (2019-2028) ($MN)
26 Global Mud Pumps Market Outlook, By End User (2019-2028) ($MN)
27 Global Mud Pumps Market Outlook, By Construction (Building Industry) (2019-2028) ($MN)
28 Global Mud Pumps Market Outlook, By Mining (2019-2028) ($MN)
29 Global Mud Pumps Market Outlook, By Oil and Gas (Oil Drilling Industry) (2019-2028) ($MN)
30 North America Mud Pumps Market Outlook, By Country (2019-2028) ($MN)
31 North America Mud Pumps Market Outlook, By Driven System (2019-2028) ($MN)
32 North America Mud Pumps Market Outlook, By Fuel Engine (2019-2028) ($MN)
33 North America Mud Pumps Market Outlook, By Electric (2019-2028) ($MN)
34 North America Mud Pumps Market Outlook, By Product (2019-2028) ($MN)
35 North America Mud Pumps Market Outlook, By Centrifugal Pumps (2019-2028) ($MN)
36 North America Mud Pumps Market Outlook, By Positive Displacement Pumps (2019-2028) ($MN)
37 North America Mud Pumps Market Outlook, By Duplex Pumps (2019-2028) ($MN)
38 North America Mud Pumps Market Outlook, By Triplex Pumps (2019-2028) ($MN)
39 North America Mud Pumps Market Outlook, By Quintuplex Pumps (2019-2028) ($MN)
40 North America Mud Pumps Market Outlook, By Hex Pumps (2019-2028) ($MN)
41 North America Mud Pumps Market Outlook, By Operation (2019-2028) ($MN)
42 North America Mud Pumps Market Outlook, By Double Acting Pumps (2019-2028) ($MN)
43 North America Mud Pumps Market Outlook, By Single Acting Pumps (2019-2028) ($MN)
44 North America Mud Pumps Market Outlook, By Type (2019-2028) ($MN)
45 North America Mud Pumps Market Outlook, By Six Cylinder (2019-2028) ($MN)
46 North America Mud Pumps Market Outlook, By Three Cylinder (2019-2028) ($MN)
47 North America Mud Pumps Market Outlook, By Double Cylinder (2019-2028) ($MN)
48 North America Mud Pumps Market Outlook, By Component (2019-2028) ($MN)
49 North America Mud Pumps Market Outlook, By Power End (2019-2028) ($MN)
50 North America Mud Pumps Market Outlook, By Fluid End (2019-2028) ($MN)
51 North America Mud Pumps Market Outlook, By Application (2019-2028) ($MN)
52 North America Mud Pumps Market Outlook, By Offshore (2019-2028) ($MN)
53 North America Mud Pumps Market Outlook, By Onshore/On Land (2019-2028) ($MN)
54 North America Mud Pumps Market Outlook, By Drilling Equipment (2019-2028) ($MN)
55 North America Mud Pumps Market Outlook, By End User (2019-2028) ($MN)
56 North America Mud Pumps Market Outlook, By Construction (Building Industry) (2019-2028) ($MN)
57 North America Mud Pumps Market Outlook, By Mining (2019-2028) ($MN)
58 North America Mud Pumps Market Outlook, By Oil and Gas (Oil Drilling Industry) (2019-2028) ($MN)
59 Europe Mud Pumps Market Outlook, By Country (2019-2028) ($MN)
60 Europe Mud Pumps Market Outlook, By Driven System (2019-2028) ($MN)
61 Europe Mud Pumps Market Outlook, By Fuel Engine (2019-2028) ($MN)
62 Europe Mud Pumps Market Outlook, By Electric (2019-2028) ($MN)
63 Europe Mud Pumps Market Outlook, By Product (2019-2028) ($MN)
64 Europe Mud Pumps Market Outlook, By Centrifugal Pumps (2019-2028) ($MN)
65 Europe Mud Pumps Market Outlook, By Positive Displacement Pumps (2019-2028) ($MN)
66 Europe Mud Pumps Market Outlook, By Duplex Pumps (2019-2028) ($MN)
67 Europe Mud Pumps Market Outlook, By Triplex Pumps (2019-2028) ($MN)
68 Europe Mud Pumps Market Outlook, By Quintuplex Pumps (2019-2028) ($MN)
69 Europe Mud Pumps Market Outlook, By Hex Pumps (2019-2028) ($MN)
70 Europe Mud Pumps Market Outlook, By Operation (2019-2028) ($MN)
71 Europe Mud Pumps Market Outlook, By Double Acting Pumps (2019-2028) ($MN)
72 Europe Mud Pumps Market Outlook, By Single Acting Pumps (2019-2028) ($MN)
73 Europe Mud Pumps Market Outlook, By Type (2019-2028) ($MN)
74 Europe Mud Pumps Market Outlook, By Six Cylinder (2019-2028) ($MN)
75 Europe Mud Pumps Market Outlook, By Three Cylinder (2019-2028) ($MN)
76 Europe Mud Pumps Market Outlook, By Double Cylinder (2019-2028) ($MN)
77 Europe Mud Pumps Market Outlook, By Component (2019-2028) ($MN)
78 Europe Mud Pumps Market Outlook, By Power End (2019-2028) ($MN)
79 Europe Mud Pumps Market Outlook, By Fluid End (2019-2028) ($MN)
80 Europe Mud Pumps Market Outlook, By Application (2019-2028) ($MN)
81 Europe Mud Pumps Market Outlook, By Offshore (2019-2028) ($MN)
82 Europe Mud Pumps Market Outlook, By Onshore/On Land (2019-2028) ($MN)
83 Europe Mud Pumps Market Outlook, By Drilling Equipment (2019-2028) ($MN)
84 Europe Mud Pumps Market Outlook, By End User (2019-2028) ($MN)
85 Europe Mud Pumps Market Outlook, By Construction (Building Industry) (2019-2028) ($MN)
86 Europe Mud Pumps Market Outlook, By Mining (2019-2028) ($MN)
87 Europe Mud Pumps Market Outlook, By Oil and Gas (Oil Drilling Industry) (2019-2028) ($MN)
88 Asia Pacific Mud Pumps Market Outlook, By Country (2019-2028) ($MN)
89 Asia Pacific Mud Pumps Market Outlook, By Driven System (2019-2028) ($MN)
90 Asia Pacific Mud Pumps Market Outlook, By Fuel Engine (2019-2028) ($MN)
91 Asia Pacific Mud Pumps Market Outlook, By Electric (2019-2028) ($MN)
92 Asia Pacific Mud Pumps Market Outlook, By Product (2019-2028) ($MN)
93 Asia Pacific Mud Pumps Market Outlook, By Centrifugal Pumps (2019-2028) ($MN)
94 Asia Pacific Mud Pumps Market Outlook, By Positive Displacement Pumps (2019-2028) ($MN)
95 Asia Pacific Mud Pumps Market Outlook, By Duplex Pumps (2019-2028) ($MN)
96 Asia Pacific Mud Pumps Market Outlook, By Triplex Pumps (2019-2028) ($MN)
97 Asia Pacific Mud Pumps Market Outlook, By Quintuplex Pumps (2019-2028) ($MN)
98 Asia Pacific Mud Pumps Market Outlook, By Hex Pumps (2019-2028) ($MN)
99 Asia Pacific Mud Pumps Market Outlook, By Operation (2019-2028) ($MN)
100 Asia Pacific Mud Pumps Market Outlook, By Double Acting Pumps (2019-2028) ($MN)
101 Asia Pacific Mud Pumps Market Outlook, By Single Acting Pumps (2019-2028) ($MN)
102 Asia Pacific Mud Pumps Market Outlook, By Type (2019-2028) ($MN)
103 Asia Pacific Mud Pumps Market Outlook, By Six Cylinder (2019-2028) ($MN)
104 Asia Pacific Mud Pumps Market Outlook, By Three Cylinder (2019-2028) ($MN)
105 Asia Pacific Mud Pumps Market Outlook, By Double Cylinder (2019-2028) ($MN)
106 Asia Pacific Mud Pumps Market Outlook, By Component (2019-2028) ($MN)
107 Asia Pacific Mud Pumps Market Outlook, By Power End (2019-2028) ($MN)
108 Asia Pacific Mud Pumps Market Outlook, By Fluid End (2019-2028) ($MN)
109 Asia Pacific Mud Pumps Market Outlook, By Application (2019-2028) ($MN)
110 Asia Pacific Mud Pumps Market Outlook, By Offshore (2019-2028) ($MN)
111 Asia Pacific Mud Pumps Market Outlook, By Onshore/On Land (2019-2028) ($MN)
112 Asia Pacific Mud Pumps Market Outlook, By Drilling Equipment (2019-2028) ($MN)
113 Asia Pacific Mud Pumps Market Outlook, By End User (2019-2028) ($MN)
114 Asia Pacific Mud Pumps Market Outlook, By Construction (Building Industry) (2019-2028) ($MN)
115 Asia Pacific Mud Pumps Market Outlook, By Mining (2019-2028) ($MN)
116 Asia Pacific Mud Pumps Market Outlook, By Oil and Gas (Oil Drilling Industry) (2019-2028) ($MN)
117 South America Mud Pumps Market Outlook, By Country (2019-2028) ($MN)
118 South America Mud Pumps Market Outlook, By Driven System (2019-2028) ($MN)
119 South America Mud Pumps Market Outlook, By Fuel Engine (2019-2028) ($MN)
120 South America Mud Pumps Market Outlook, By Electric (2019-2028) ($MN)
121 South America Mud Pumps Market Outlook, By Product (2019-2028) ($MN)
122 South America Mud Pumps Market Outlook, By Centrifugal Pumps (2019-2028) ($MN)
123 South America Mud Pumps Market Outlook, By Positive Displacement Pumps (2019-2028) ($MN)
124 South America Mud Pumps Market Outlook, By Duplex Pumps (2019-2028) ($MN)
125 South America Mud Pumps Market Outlook, By Triplex Pumps (2019-2028) ($MN)
126 South America Mud Pumps Market Outlook, By Quintuplex Pumps (2019-2028) ($MN)
127 South America Mud Pumps Market Outlook, By Hex Pumps (2019-2028) ($MN)
128 South America Mud Pumps Market Outlook, By Operation (2019-2028) ($MN)
129 South America Mud Pumps Market Outlook, By Double Acting Pumps (2019-2028) ($MN)
130 South America Mud Pumps Market Outlook, By Single Acting Pumps (2019-2028) ($MN)
131 South America Mud Pumps Market Outlook, By Type (2019-2028) ($MN)
132 South America Mud Pumps Market Outlook, By Six Cylinder (2019-2028) ($MN)
133 South America Mud Pumps Market Outlook, By Three Cylinder (2019-2028) ($MN)
134 South America Mud Pumps Market Outlook, By Double Cylinder (2019-2028) ($MN)
135 South America Mud Pumps Market Outlook, By Component (2019-2028) ($MN)
136 South America Mud Pumps Market Outlook, By Power End (2019-2028) ($MN)
137 South America Mud Pumps Market Outlook, By Fluid End (2019-2028) ($MN)
138 South America Mud Pumps Market Outlook, By Application (2019-2028) ($MN)
139 South America Mud Pumps Market Outlook, By Offshore (2019-2028) ($MN)
140 South America Mud Pumps Market Outlook, By Onshore/On Land (2019-2028) ($MN)
141 South America Mud Pumps Market Outlook, By Drilling Equipment (2019-2028) ($MN)
142 South America Mud Pumps Market Outlook, By End User (2019-2028) ($MN)
143 South America Mud Pumps Market Outlook, By Construction (Building Industry) (2019-2028) ($MN)
144 South America Mud Pumps Market Outlook, By Mining (2019-2028) ($MN)
145 South America Mud Pumps Market Outlook, By Oil and Gas (Oil Drilling Industry) (2019-2028) ($MN)
146 Middle East & Africa Mud Pumps Market Outlook, By Country (2019-2028) ($MN)
147 Middle East & Africa Mud Pumps Market Outlook, By Driven System (2019-2028) ($MN)
148 Middle East & Africa Mud Pumps Market Outlook, By Fuel Engine (2019-2028) ($MN)
149 Middle East & Africa Mud Pumps Market Outlook, By Electric (2019-2028) ($MN)
150 Middle East & Africa Mud Pumps Market Outlook, By Product (2019-2028) ($MN)
151 Middle East & Africa Mud Pumps Market Outlook, By Centrifugal Pumps (2019-2028) ($MN)
152 Middle East & Africa Mud Pumps Market Outlook, By Positive Displacement Pumps (2019-2028) ($MN)
153 Middle East & Africa Mud Pumps Market Outlook, By Duplex Pumps (2019-2028) ($MN)
154 Middle East & Africa Mud Pumps Market Outlook, By Triplex Pumps (2019-2028) ($MN)
155 Middle East & Africa Mud Pumps Market Outlook, By Quintuplex Pumps (2019-2028) ($MN)
156 Middle East & Africa Mud Pumps Market Outlook, By Hex Pumps (2019-2028) ($MN)
157 Middle East & Africa Mud Pumps Market Outlook, By Operation (2019-2028) ($MN)
158 Middle East & Africa Mud Pumps Market Outlook, By Double Acting Pumps (2019-2028) ($MN)
159 Middle East & Africa Mud Pumps Market Outlook, By Single Acting Pumps (2019-2028) ($MN)
160 Middle East & Africa Mud Pumps Market Outlook, By Type (2019-2028) ($MN)
161 Middle East & Africa Mud Pumps Market Outlook, By Six Cylinder (2019-2028) ($MN)
162 Middle East & Africa Mud Pumps Market Outlook, By Three Cylinder (2019-2028) ($MN)
163 Middle East & Africa Mud Pumps Market Outlook, By Double Cylinder (2019-2028) ($MN)
164 Middle East & Africa Mud Pumps Market Outlook, By Component (2019-2028) ($MN)
165 Middle East & Africa Mud Pumps Market Outlook, By Power End (2019-2028) ($MN)
166 Middle East & Africa Mud Pumps Market Outlook, By Fluid End (2019-2028) ($MN)
167 Middle East & Africa Mud Pumps Market Outlook, By Application (2019-2028) ($MN)
168 Middle East & Africa Mud Pumps Market Outlook, By Offshore (2019-2028) ($MN)
169 Middle East & Africa Mud Pumps Market Outlook, By Onshore/On Land (2019-2028) ($MN)
170 Middle East & Africa Mud Pumps Market Outlook, By Drilling Equipment (2019-2028) ($MN)
171 Middle East & Africa Mud Pumps Market Outlook, By End User (2019-2028) ($MN)
172 Middle East & Africa Mud Pumps Market Outlook, By Construction (Building Industry) (2019-2028) ($MN)
173 Middle East & Africa Mud Pumps Market Outlook, By Mining (2019-2028) ($MN)
174 Middle East & Africa Mud Pumps Market Outlook, By Oil and Gas (Oil Drilling Industry) (2019-2028) ($MN)
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