Global Petrochemical Centrifugal Pump Market Growth 2026-2032
Description
The global Petrochemical Centrifugal Pump market size is predicted to grow from US$ 1281 million in 2025 to US$ 1661 million in 2032; it is expected to grow at a CAGR of 3.8% from 2026 to 2032.
A petrochemical centrifugal pump (also known as an API 610 pump) is a rotary centrifugal pump used in oil refining, petrochemical, natural gas and hydrocarbon processing plants for the continuous transport of crude oil, refined oil products, aromatic/olefin fractions, solvents, circulating oil, quenching media, amine liquids, condensate, and various high-temperature/low-temperature, flammable and explosive, corrosive or particulate-containing media.In critical operating conditions and main process locations, engineering often uses systems such as API 610 / ISO 13709 for selection and acceptance.
In the global petrochemical centrifugal pump market, Flowserve, KSB, and Sulzer are leading manufacturers. The top five manufacturers collectively hold over 40% of the market share, establishing themselves in the industry through technological innovation, brand advantages, and extensive market presence.
Petrochemical centrifugal pumps (also known as API 610 centrifugal pumps) are available in vertical and horizontal configurations, with performance configurations determined by the application field. The oil and gas industry is the core demand driver, accounting for 65%, while the chemical industry is also a significant application area.
Growth in energy demand is driving market development. The oil and gas industry, due to rising energy demands, has a strong demand for efficient fluid transport equipment, making petrochemical centrifugal pumps indispensable in extraction and transportation. The chemical industry's need to handle harsh conditions such as corrosive environments also contributes to its growth. Simultaneously, technological innovation improves pump efficiency and reliability. The application of high-strength materials, advanced sealing technology, and digital monitoring reduces downtime risks, making low-energy consumption and environmentally friendly design key competitive advantages. Furthermore, the surge in demand for highly reliable equipment during industrialization makes petrochemical centrifugal pumps the preferred choice for ensuring stable production.
However, the market also faces constraints. High purchase and maintenance costs deter companies with limited funds; alternative technologies such as magnetically driven pumps offer better cost-effectiveness in specific scenarios, diverting some market share; increasingly stringent global environmental regulations force manufacturers to adopt high-cost materials and processes, increasing production and R&D costs and putting pressure on market expansion.
LP Information, Inc. (LPI) ' newest research report, the “Petrochemical Centrifugal Pump Industry Forecast” looks at past sales and reviews total world Petrochemical Centrifugal Pump sales in 2025, providing a comprehensive analysis by region and market sector of projected Petrochemical Centrifugal Pump sales for 2026 through 2032. With Petrochemical Centrifugal Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Petrochemical Centrifugal Pump industry.
This Insight Report provides a comprehensive analysis of the global Petrochemical 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 Petrochemical Centrifugal Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Petrochemical Centrifugal Pump market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Petrochemical 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 Petrochemical Centrifugal Pump.
This report presents a comprehensive overview, market shares, and growth opportunities of Petrochemical Centrifugal Pump market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vertical
Horizontal
Segmentation by Application:
Oil & Gas
Chemical
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.
Flowserve
KSB
Sulzer
Ruhrpumpen
Trillium Flow Technologies
Sundyne
ITT Goulds Pumps
Pumpworks
Truflo Pumps, Inc
Ebara Corporation
Kirloskar Pompen
Carver Pump
Shanghai Kaiquan Pump (Group) Co., Ltd
Shanghai Liancheng
Shanghai East Pump (Group) Co.,Ltd
Nanfang Pump Industry Co., Ltd
Grundfos
Gruppo Aturia
Key Questions Addressed in this Report
What is the 10-year outlook for the global Petrochemical Centrifugal Pump market?
What factors are driving Petrochemical Centrifugal Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Petrochemical Centrifugal Pump market opportunities vary by end market size?
How does Petrochemical Centrifugal Pump break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
A petrochemical centrifugal pump (also known as an API 610 pump) is a rotary centrifugal pump used in oil refining, petrochemical, natural gas and hydrocarbon processing plants for the continuous transport of crude oil, refined oil products, aromatic/olefin fractions, solvents, circulating oil, quenching media, amine liquids, condensate, and various high-temperature/low-temperature, flammable and explosive, corrosive or particulate-containing media.In critical operating conditions and main process locations, engineering often uses systems such as API 610 / ISO 13709 for selection and acceptance.
In the global petrochemical centrifugal pump market, Flowserve, KSB, and Sulzer are leading manufacturers. The top five manufacturers collectively hold over 40% of the market share, establishing themselves in the industry through technological innovation, brand advantages, and extensive market presence.
Petrochemical centrifugal pumps (also known as API 610 centrifugal pumps) are available in vertical and horizontal configurations, with performance configurations determined by the application field. The oil and gas industry is the core demand driver, accounting for 65%, while the chemical industry is also a significant application area.
Growth in energy demand is driving market development. The oil and gas industry, due to rising energy demands, has a strong demand for efficient fluid transport equipment, making petrochemical centrifugal pumps indispensable in extraction and transportation. The chemical industry's need to handle harsh conditions such as corrosive environments also contributes to its growth. Simultaneously, technological innovation improves pump efficiency and reliability. The application of high-strength materials, advanced sealing technology, and digital monitoring reduces downtime risks, making low-energy consumption and environmentally friendly design key competitive advantages. Furthermore, the surge in demand for highly reliable equipment during industrialization makes petrochemical centrifugal pumps the preferred choice for ensuring stable production.
However, the market also faces constraints. High purchase and maintenance costs deter companies with limited funds; alternative technologies such as magnetically driven pumps offer better cost-effectiveness in specific scenarios, diverting some market share; increasingly stringent global environmental regulations force manufacturers to adopt high-cost materials and processes, increasing production and R&D costs and putting pressure on market expansion.
LP Information, Inc. (LPI) ' newest research report, the “Petrochemical Centrifugal Pump Industry Forecast” looks at past sales and reviews total world Petrochemical Centrifugal Pump sales in 2025, providing a comprehensive analysis by region and market sector of projected Petrochemical Centrifugal Pump sales for 2026 through 2032. With Petrochemical Centrifugal Pump sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Petrochemical Centrifugal Pump industry.
This Insight Report provides a comprehensive analysis of the global Petrochemical 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 Petrochemical Centrifugal Pump portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Petrochemical Centrifugal Pump market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Petrochemical 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 Petrochemical Centrifugal Pump.
This report presents a comprehensive overview, market shares, and growth opportunities of Petrochemical Centrifugal Pump market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Vertical
Horizontal
Segmentation by Application:
Oil & Gas
Chemical
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.
Flowserve
KSB
Sulzer
Ruhrpumpen
Trillium Flow Technologies
Sundyne
ITT Goulds Pumps
Pumpworks
Truflo Pumps, Inc
Ebara Corporation
Kirloskar Pompen
Carver Pump
Shanghai Kaiquan Pump (Group) Co., Ltd
Shanghai Liancheng
Shanghai East Pump (Group) Co.,Ltd
Nanfang Pump Industry Co., Ltd
Grundfos
Gruppo Aturia
Key Questions Addressed in this Report
What is the 10-year outlook for the global Petrochemical Centrifugal Pump market?
What factors are driving Petrochemical Centrifugal Pump market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Petrochemical Centrifugal Pump market opportunities vary by end market size?
How does Petrochemical 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
133 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 Petrochemical 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 Petrochemical Centrifugal Pump by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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