Global Centrifugal Pump Market Growth 2026-2032
Description
The global Centrifugal Pump market size is predicted to grow from US$ 28807 million in 2025 to US$ 35619 million in 2032; it is expected to grow at a CAGR of 3.1% from 2026 to 2032.
Centrifugal pumps are a sub-class of dynamic axisymmetric work-absorbing turbo machinery. Centrifugal pumps are used to transport fluids by the conversion of rotational kinetic energy to the hydrodynamic energy of the fluid flow. The rotational energy typically comes from an engine or electric motor. The fluid enters the pump impeller along or near to the rotating axis and is accelerated by the impeller, flowing radially outward into a diffuser or volute chamber (casing), from where it exits. Common uses include water, sewage, petroleum and petrochemical pumping. In 2025, the global average price of centrifugal pumps was US$95.30 per unit, corresponding to sales of 309 million units.
Centrifugal pumps are among the most widely used general-purpose machines for fluid transfer. They convert mechanical energy into fluid kinetic and pressure energy through a rotating impeller, and can handle a broad range of duties including clean water, industrial circulating water, mildly corrosive media, and fluids with limited solids content. As a result, they are widely applied in municipal water supply and drainage, building HVAC, industrial processes, energy and chemicals, agricultural irrigation, and general equipment packages. Industry demand is closely linked to fixed-asset investment, industrial capacity utilization, infrastructure development, and replacement cycles of installed equipment, driven by both new projects and maintenance/retrofit needs.
From a regional perspective, the supply and demand center of gravity reflects manufacturing capacity and infrastructure spending, forming a pattern of “Asia-based scale manufacturing with global distribution and delivery.” Europe and North America maintain strengths in high-end material systems, engineered applications, and brand/channel capabilities, while regions with active investments in energy and water infrastructure—such as the Middle East—tend to generate a higher share of demand for mid-to-high-end pump packages. In terms of product structure, centrifugal pumps can be classified into mutually exclusive categories such as end-suction pumps, horizontal/vertical multistage pumps, in-line pumps, submersible pumps, segmental multistage pumps, vertical turbine (long-shaft) pumps, and process pumps. These can be further tiered by single-stage vs. multistage, horizontal vs. vertical, dry-installed vs. submersible, and material systems (cast iron, stainless steel, duplex stainless steel, and other alloys), covering a full spectrum from standardized general-purpose products to engineered-to-order packages with a wide price dispersion and clear product stratification.
By application, municipal water and building HVAC contribute steady volume demand, while industrial processes and energy/chemicals require higher reliability, more demanding material performance (corrosion and wear resistance), and tighter duty matching—segments where technical barriers and profitability are more concentrated. Agriculture and general equipment packages typically feature high volume, lower prices, and fragmented distribution channels. On the cost side, raw materials and casting/machining are usually the largest components, followed by motors and critical parts such as mechanical seals and bearings, assembly and testing, labor and energy, and channel/service expenses. For mid-to-high-end products, investments in hydraulic design, material systems, sealing technology, and reliability validation are higher, underpinning pricing power and more stable margins. The typical manufacturing flow includes casting/forging, machining, rotor balancing, surface treatment, assembly, performance testing, and final inspection. For standard general-purpose products such as end-suction and in-line pumps, single-line capacity is typically 100,000–500,000 units per year, constrained by casting supply, machining takt time, test-bench throughput, and changeover frequency. Gross margin varies significantly with product mix and route-to-market: low-end general-purpose pumps often run at 15%–25%, while mid-to-high-end industrial process pumps and engineered project packages can reach 25%–40%. Overall, the profit logic is “scale and efficiency for standardized products, technology and service for engineered products.”
Upstream, the value chain includes castings, forgings, steel and stainless/alloy materials, motors, seals, bearings, and key components such as variable-frequency drives; midstream comprises pump OEM manufacturing, system integration, and testing; downstream interfaces with water utilities, EPC contractors and MEP installers, industrial end users and package suppliers, as well as distributor networks and after-sales service systems. In terms of competition, the global market shows a “high-end concentration among leading brands and a long tail of fragmented players in general-purpose products.” Leading companies build barriers through hydraulic design expertise, advanced materials and sealing technology, reliability validation, global service networks, and proven engineering references. Key trends going forward include higher efficiency and system-level integration with variable-speed drives, smart condition monitoring and predictive maintenance, upgrades in corrosion- and wear-resistant materials, low-noise and high-reliability designs, and lifecycle service models for water and industrial circulation systems—shifting the industry from “unit sales” toward “system solutions plus services” by reducing total cost of ownership through improved efficiency and reliability.
LP Information, Inc. (LPI) ' newest research report, the “Centrifugal Pump Industry Forecast” looks at past sales and reviews total world Centrifugal Pump sales in 2025, providing a comprehensive analysis by region and market sector of projected Centrifugal Pump sales for 2026 through 2032. With Centrifugal Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Centrifugal Pump industry.
This Insight Report provides a comprehensive analysis of the global Centrifugal Pump landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Centrifugal Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Centrifugal Pump market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Centrifugal Pump and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Centrifugal Pump.
This report presents a comprehensive overview, market shares, and growth opportunities of Centrifugal Pump market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single-stage Centrifugal Pump
Multi-stage Centrifugal Pump
Segmentation by Work Pressure:
Low-pressure Pump
Medium-pressure Pump
High-pressure Pump
Segmentation by Pump Shaft Position:
Horizontal Pump
Vertical Pump
Segmentation by Application:
Energy and Chemicals
Electricity
Agriculture
Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Shanghai Kaiquan Pump
Shanghai Liancheng
Shanghai Dongfang Pump Industry
Nanfang Zhongjin Environment
Grundfos
Ebara
Xylem
Leo Group
KSB
Shanghai Panda Machine
Shimge Pump Industry Group
Chongqing Pump Industry
WILO SE
Sulzer
Zhejiang Dayuan Pumps Industrial
Lanshen Group
Guangdong Lingxiao Pump Industry
Flowserve
Hanyu Group Joint-stock
Danai Pump Campus
North Chemical Industries
Shanghai Sunshine Pump
Zhejiang Taifu Pump
ITT
Key Questions Addressed in this Report
What is the 10-year outlook for the global Centrifugal Pump market?
What factors are driving Centrifugal Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Centrifugal Pump market opportunities vary by end market size?
How does Centrifugal Pump break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Centrifugal pumps are a sub-class of dynamic axisymmetric work-absorbing turbo machinery. Centrifugal pumps are used to transport fluids by the conversion of rotational kinetic energy to the hydrodynamic energy of the fluid flow. The rotational energy typically comes from an engine or electric motor. The fluid enters the pump impeller along or near to the rotating axis and is accelerated by the impeller, flowing radially outward into a diffuser or volute chamber (casing), from where it exits. Common uses include water, sewage, petroleum and petrochemical pumping. In 2025, the global average price of centrifugal pumps was US$95.30 per unit, corresponding to sales of 309 million units.
Centrifugal pumps are among the most widely used general-purpose machines for fluid transfer. They convert mechanical energy into fluid kinetic and pressure energy through a rotating impeller, and can handle a broad range of duties including clean water, industrial circulating water, mildly corrosive media, and fluids with limited solids content. As a result, they are widely applied in municipal water supply and drainage, building HVAC, industrial processes, energy and chemicals, agricultural irrigation, and general equipment packages. Industry demand is closely linked to fixed-asset investment, industrial capacity utilization, infrastructure development, and replacement cycles of installed equipment, driven by both new projects and maintenance/retrofit needs.
From a regional perspective, the supply and demand center of gravity reflects manufacturing capacity and infrastructure spending, forming a pattern of “Asia-based scale manufacturing with global distribution and delivery.” Europe and North America maintain strengths in high-end material systems, engineered applications, and brand/channel capabilities, while regions with active investments in energy and water infrastructure—such as the Middle East—tend to generate a higher share of demand for mid-to-high-end pump packages. In terms of product structure, centrifugal pumps can be classified into mutually exclusive categories such as end-suction pumps, horizontal/vertical multistage pumps, in-line pumps, submersible pumps, segmental multistage pumps, vertical turbine (long-shaft) pumps, and process pumps. These can be further tiered by single-stage vs. multistage, horizontal vs. vertical, dry-installed vs. submersible, and material systems (cast iron, stainless steel, duplex stainless steel, and other alloys), covering a full spectrum from standardized general-purpose products to engineered-to-order packages with a wide price dispersion and clear product stratification.
By application, municipal water and building HVAC contribute steady volume demand, while industrial processes and energy/chemicals require higher reliability, more demanding material performance (corrosion and wear resistance), and tighter duty matching—segments where technical barriers and profitability are more concentrated. Agriculture and general equipment packages typically feature high volume, lower prices, and fragmented distribution channels. On the cost side, raw materials and casting/machining are usually the largest components, followed by motors and critical parts such as mechanical seals and bearings, assembly and testing, labor and energy, and channel/service expenses. For mid-to-high-end products, investments in hydraulic design, material systems, sealing technology, and reliability validation are higher, underpinning pricing power and more stable margins. The typical manufacturing flow includes casting/forging, machining, rotor balancing, surface treatment, assembly, performance testing, and final inspection. For standard general-purpose products such as end-suction and in-line pumps, single-line capacity is typically 100,000–500,000 units per year, constrained by casting supply, machining takt time, test-bench throughput, and changeover frequency. Gross margin varies significantly with product mix and route-to-market: low-end general-purpose pumps often run at 15%–25%, while mid-to-high-end industrial process pumps and engineered project packages can reach 25%–40%. Overall, the profit logic is “scale and efficiency for standardized products, technology and service for engineered products.”
Upstream, the value chain includes castings, forgings, steel and stainless/alloy materials, motors, seals, bearings, and key components such as variable-frequency drives; midstream comprises pump OEM manufacturing, system integration, and testing; downstream interfaces with water utilities, EPC contractors and MEP installers, industrial end users and package suppliers, as well as distributor networks and after-sales service systems. In terms of competition, the global market shows a “high-end concentration among leading brands and a long tail of fragmented players in general-purpose products.” Leading companies build barriers through hydraulic design expertise, advanced materials and sealing technology, reliability validation, global service networks, and proven engineering references. Key trends going forward include higher efficiency and system-level integration with variable-speed drives, smart condition monitoring and predictive maintenance, upgrades in corrosion- and wear-resistant materials, low-noise and high-reliability designs, and lifecycle service models for water and industrial circulation systems—shifting the industry from “unit sales” toward “system solutions plus services” by reducing total cost of ownership through improved efficiency and reliability.
LP Information, Inc. (LPI) ' newest research report, the “Centrifugal Pump Industry Forecast” looks at past sales and reviews total world Centrifugal Pump sales in 2025, providing a comprehensive analysis by region and market sector of projected Centrifugal Pump sales for 2026 through 2032. With Centrifugal Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Centrifugal Pump industry.
This Insight Report provides a comprehensive analysis of the global Centrifugal Pump landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Centrifugal Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Centrifugal Pump market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Centrifugal Pump and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Centrifugal Pump.
This report presents a comprehensive overview, market shares, and growth opportunities of Centrifugal Pump market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single-stage Centrifugal Pump
Multi-stage Centrifugal Pump
Segmentation by Work Pressure:
Low-pressure Pump
Medium-pressure Pump
High-pressure Pump
Segmentation by Pump Shaft Position:
Horizontal Pump
Vertical Pump
Segmentation by Application:
Energy and Chemicals
Electricity
Agriculture
Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Shanghai Kaiquan Pump
Shanghai Liancheng
Shanghai Dongfang Pump Industry
Nanfang Zhongjin Environment
Grundfos
Ebara
Xylem
Leo Group
KSB
Shanghai Panda Machine
Shimge Pump Industry Group
Chongqing Pump Industry
WILO SE
Sulzer
Zhejiang Dayuan Pumps Industrial
Lanshen Group
Guangdong Lingxiao Pump Industry
Flowserve
Hanyu Group Joint-stock
Danai Pump Campus
North Chemical Industries
Shanghai Sunshine Pump
Zhejiang Taifu Pump
ITT
Key Questions Addressed in this Report
What is the 10-year outlook for the global Centrifugal Pump market?
What factors are driving Centrifugal Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Centrifugal Pump market opportunities vary by end market size?
How does Centrifugal Pump break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
159 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Centrifugal Pump by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Centrifugal Pump by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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