Global API Pumps Supply, Demand and Key Producers, 2026-2032
Description
The global API Pumps market size is expected to reach $ 2662 million by 2032, rising at a market growth of 4.2% CAGR during the forecast period (2026-2032).
API pumps meet Standard 610 for General Refinery Service as set by the American Petroleum Institute (API). This U.S. trade association for the oil and natural gas industries develops standards for petroleum and petrochemical equipment. Unlike the ANSI standards, which are dimensional, API Standard 610 centers around the pump's construction and design, particularly as they pertain to the pump's ability to handle high temperatures, pressures and emissions.
1. Expanding Oil & Gas Industry
One of the primary drivers of the API pumps market is the expansion of the oil and gas sector, particularly in upstream (exploration and drilling) and midstream (transport and storage) activities. As global energy demand rises, especially in developing economies, exploration activities are increasing in both onshore and offshore reserves.
API 610-compliant pumps are essential for transporting crude oil, natural gas, and refined products under high pressure and harsh conditions.
Major oil-producing countries like the U.S., Saudi Arabia, and Brazil continue to invest in refinery upgrades and new pipeline infrastructure.
2. Growth in Petrochemical and Chemical Industries
The petrochemical industry—which heavily depends on high-performance pumps for moving aggressive, corrosive, and hazardous fluids—represents a major application area for API pumps.
Rising demand for plastics, polymers, solvents, and synthetic materials boosts the need for reliable fluid handling systems.
In regions like Asia-Pacific and the Middle East, significant investments are being made into new petrochemical complexes, further stimulating pump demand.
3. Stringent Safety and Reliability Standards
API pumps are specifically designed to adhere to stringent industry safety and performance standards. These standards are especially critical in hazardous environments where reliability is non-negotiable.
Compliance with API 610, API 674, and API 685 standards ensures mechanical integrity, safety, and operational efficiency.
Increased awareness of workplace safety, regulatory oversight, and environmental compliance drive the replacement of non-compliant legacy equipment with modern API-certified alternatives.
4. Modernization of Aging Infrastructure
In many industrialized countries, especially across North America and Europe, aging refinery and chemical processing infrastructure is being modernized.
Refurbishment projects and plant upgrades require replacement of older pumping systems with new, energy-efficient, API-compliant units.
Retrofitting older equipment with more durable API pumps enhances process reliability and reduces downtime.
This report studies the global API Pumps production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for API Pumps and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of API Pumps that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global API Pumps total production and demand, 2021-2032, (K Units)
Global API Pumps total production value, 2021-2032, (USD Million)
Global API Pumps production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global API Pumps consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: API Pumps domestic production, consumption, key domestic manufacturers and share
Global API Pumps production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global API Pumps production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global API Pumps production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global API Pumps market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include KSB, Sulzer, Ruhrpumpen, Flowserve, ITT Goulds Pumps, PSG Dover, IDEX, Grundfos, HERMETIC Pumpen, Sundyne, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World API Pumps market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global API Pumps Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global API Pumps Market, Segmentation by Type:
Overhung Pump
Between Bearing Pump
Others
Global API Pumps Market, Segmentation by Application:
Oil and Gas
Chemical
Others
Companies Profiled:
KSB
Sulzer
Ruhrpumpen
Flowserve
ITT Goulds Pumps
PSG Dover
IDEX
Grundfos
HERMETIC Pumpen
Sundyne
Truflo Pumps
Ebara Corporation
Hayward Gordon
SPP Pumps
Carver Pump
Dalian Deep Blue Pump
Zhejiang Dayuan Pump
Source Pumps & Systems
V-FLO Pumps & System
Liancheng Group
Key Questions Answered:
1. How big is the global API Pumps market?
2. What is the demand of the global API Pumps market?
3. What is the year over year growth of the global API Pumps market?
4. What is the production and production value of the global API Pumps market?
5. Who are the key producers in the global API Pumps market?
6. What are the growth factors driving the market demand?
API pumps meet Standard 610 for General Refinery Service as set by the American Petroleum Institute (API). This U.S. trade association for the oil and natural gas industries develops standards for petroleum and petrochemical equipment. Unlike the ANSI standards, which are dimensional, API Standard 610 centers around the pump's construction and design, particularly as they pertain to the pump's ability to handle high temperatures, pressures and emissions.
1. Expanding Oil & Gas Industry
One of the primary drivers of the API pumps market is the expansion of the oil and gas sector, particularly in upstream (exploration and drilling) and midstream (transport and storage) activities. As global energy demand rises, especially in developing economies, exploration activities are increasing in both onshore and offshore reserves.
API 610-compliant pumps are essential for transporting crude oil, natural gas, and refined products under high pressure and harsh conditions.
Major oil-producing countries like the U.S., Saudi Arabia, and Brazil continue to invest in refinery upgrades and new pipeline infrastructure.
2. Growth in Petrochemical and Chemical Industries
The petrochemical industry—which heavily depends on high-performance pumps for moving aggressive, corrosive, and hazardous fluids—represents a major application area for API pumps.
Rising demand for plastics, polymers, solvents, and synthetic materials boosts the need for reliable fluid handling systems.
In regions like Asia-Pacific and the Middle East, significant investments are being made into new petrochemical complexes, further stimulating pump demand.
3. Stringent Safety and Reliability Standards
API pumps are specifically designed to adhere to stringent industry safety and performance standards. These standards are especially critical in hazardous environments where reliability is non-negotiable.
Compliance with API 610, API 674, and API 685 standards ensures mechanical integrity, safety, and operational efficiency.
Increased awareness of workplace safety, regulatory oversight, and environmental compliance drive the replacement of non-compliant legacy equipment with modern API-certified alternatives.
4. Modernization of Aging Infrastructure
In many industrialized countries, especially across North America and Europe, aging refinery and chemical processing infrastructure is being modernized.
Refurbishment projects and plant upgrades require replacement of older pumping systems with new, energy-efficient, API-compliant units.
Retrofitting older equipment with more durable API pumps enhances process reliability and reduces downtime.
This report studies the global API Pumps production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for API Pumps and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of API Pumps that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global API Pumps total production and demand, 2021-2032, (K Units)
Global API Pumps total production value, 2021-2032, (USD Million)
Global API Pumps production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global API Pumps consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: API Pumps domestic production, consumption, key domestic manufacturers and share
Global API Pumps production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global API Pumps production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global API Pumps production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global API Pumps market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include KSB, Sulzer, Ruhrpumpen, Flowserve, ITT Goulds Pumps, PSG Dover, IDEX, Grundfos, HERMETIC Pumpen, Sundyne, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World API Pumps market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global API Pumps Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global API Pumps Market, Segmentation by Type:
Overhung Pump
Between Bearing Pump
Others
Global API Pumps Market, Segmentation by Application:
Oil and Gas
Chemical
Others
Companies Profiled:
KSB
Sulzer
Ruhrpumpen
Flowserve
ITT Goulds Pumps
PSG Dover
IDEX
Grundfos
HERMETIC Pumpen
Sundyne
Truflo Pumps
Ebara Corporation
Hayward Gordon
SPP Pumps
Carver Pump
Dalian Deep Blue Pump
Zhejiang Dayuan Pump
Source Pumps & Systems
V-FLO Pumps & System
Liancheng Group
Key Questions Answered:
1. How big is the global API Pumps market?
2. What is the demand of the global API Pumps market?
3. What is the year over year growth of the global API Pumps market?
4. What is the production and production value of the global API Pumps market?
5. Who are the key producers in the global API Pumps market?
6. What are the growth factors driving the market demand?
Table of Contents
137 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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