Rotary Pump Market – 45% of Growth Will Come from APAC | Increased focus on improving energy efficiency in industries to drive the market

NEW YORK, January 19, 2022 /PRNewswire/ — The market for rotary pumps is expected to grow by $2.35 billion between 2021 and 2026, accelerating to a 5.99% CAGR according to the latest Technavio report. The market is segmented by product (PC and multi-screw pump, gear pump, lobe and peristaltic pump and vane pump) and geography (APAC, Europe, North America, South America, and MEA). The report provides detailed information about the performance of the vendors in terms of revenue generation, market position, product launches and customer base among others.

Attractive Opportunities in the Rotary Pumps Market by Product and Geography – Forecast and Analysis 2022-2026

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Key takeaways from the rotary pump market research

  • Rotary pumps market size will grow USD 2.35 billion at a CAGR of 5.99% between 2021 and 2026

  • Annual growth of 5.19% expected in 2022

  • Market growth of 45% from APAC over the forecast period

  • Main suppliers are Atlas Copco AB, Baker Hughes Co., Bosch Rexroth AG, Busch Dienste GmbH, Celeros Flow Technology and others

Rotary Pump Market: Revenue Generating Segment
The growth of the market share of rotary pumps by the PC and multi-screw pump segment will be important for revenue generation. PCs and multi screw pumps are used in several end-user industries such as oil and gas, water and wastewater, power generation, etc., and the demand for these pumps is expected to increase during the forecast period.

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Rotary Pumps Market: Growth Drivers and Restraints
The key factor in the growth of rotary pump market is the increasing attention to improving energy efficiency in industries. Rising cost of energy and environmental effects due to the emission of large amount of carbon from fossil fuel based energy sources have increased the interest of industries in adopting of pumps. Various industries such as pulp and paper and chemicals are major consumers of energy, due to the use of energy-intensive equipment such as pumps, blowers and motors. Additionally, new regulatory standards now focus on reducing high energy costs and carbon emissions in industrial applications, creating opportunities for pumps. In addition to low carbon emissions, the pumps offer significant cost benefits to end users. These factors are expected to fuel the adoption of rotary pumps over the forecast period.

However, the commodity price volatility will be a major challenge for the rotary pump market during the forecast period. The increase in taxes and duties, the introduction of additional tariffs and production stoppages in countries producing metal ores have had a negative impact on the price of raw materials such as stainless steel. As raw material prices keep changing from time to time, different versions of rotary pumps available in the market use different kinds of materials from multiple sources. Such situations make it difficult for manufacturers to strategize on the price of these pumps. Purchasing large volumes of raw materials increases inventory and production costs.

The rotary pump market report answers questions such as:

  • Is the market structure fragmented or concentrated?

  • What was the market size in 2022 and the rotary pump market forecast till 2026?

  • What are the best segments to invest in during the forecast period?

  • What is the market share of the dominating and powerful vendors in the Rotary Pumps market?

  • What are the latest trends and regulatory frameworks in the Rotary Pump market?

Get all your questions answered in our comprehensive report.

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Scope of the rotary pump market

Report cover

Details

Page number

120

Year of reference

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 5.99%

Market Growth 2022-2026

$2.35 billion

Market structure

Fragmented

Annual growth (%)

5.19

Regional analysis

APAC, Europe, North America, South America and MEA

Successful market contribution

APAC at 45%

Main consumer countries

China, United States, Russian Federation, Japan and Germany

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Atlas Copco AB, Baker Hughes Co., Bosch Rexroth AG, Busch Dienste GmbH, Celeros Flow Technology, Ebara Corp., Gardner Denver Inc., IDEX Corp., Pfeiffer Vacuum Technology AG and ULVAC Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

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