Centrifugal Pump Market Forecasts to 2028 – Global Analysis By Type (Between Bearing, Overhung Impeller), Capacity (Small, Medium, High), Product Type (Petroleum, Jet Pumps), End User (Construction, Energy) and By Geography
According to Stratistics MRC, the Global Centrifugal Pump Market is accounted for $34.56 billion in 2020 and is expected to reach $63.50 billion by 2028 growing at a CAGR of 7.9% during the forecast period. Surged investments in the global construction industry and high demand for centrifugal pumps from the agricultural sector are the major factors propelling the market growth. However, the cavitation effect in centrifugal pumps is hampering the market growth.
A centrifugal pump is a mechanical device that is designed to increase the pressure of fluids during transportation. It translates the rotational kinetic energy to hydrodynamic energy, which is utilized for accelerating fluids, such as water, chemicals, wastewater, sludge treatment liquids, bleaches, oil, and resins.
Based on the type, the overhung impeller segment is expected to dominate the market due to the extensive use of overhung impellers in commercial, residential, and industrial applications. In addition, it is also utilized in different end-use industries for power generation due to the low cost as compared to bearing pumps.
By geography, North America is going to have a huge demand due to the rise in expenditure on construction activities, coupled with rapidly developing industrial establishments. In addition, the increase in oil and gas production targets, coupled with substantial hydrocarbon reserves, is likely to aid in the expansion of this region.
Some of the key players profiled in the Centrifugal Pump Market include Baker Hughes Company, Circor International, Dover Corporation, Ebara Corporation, Flowserve Corporation, Grundfos, ITT Inc., and KSB SE & Co. KGaA, Pentair, Ruhrpumpen Group, Schlumberger Ltd, Someflu, Sulzer Ltd, Weir Group PLC, Wilo, and Xylem.
Stages Covered:
• Single Stage
• Multistage
• Flow Type
• Seal Less & Circular Pump
• Submersible Pump
• Two Stage Pump
• End Suction Pumps
• Positive Displacement Pump
Operation Types Covered:
• Air-Driven
• Electrical
• Hydraulic
Types Covered:
• Between Bearing
• Overhung Impeller
• Vertically Suspended
• Long-Coupled Centrifugal Pump
• Close-Coupled Centrifugal Pump
Impeller Types Covered:
• Enclosed
• Open
• Partially Open
Capacities Covered:
• Small Capacity
• Medium Capacity
• High Capacity
Product Types Covered:
• Petroleum Industry
• Jet Pumps
• Peripheral Pumps
End Users Covered:
• Commercial & Residential
• Industrial
• Domestic Centrifugal Pumps
• Heating Ventilation and Air Conditioning (HVAC)
• Construction
• Energy
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
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 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
Comprehensive profiling of additional market players (up to 3)
SWOT Analysis of key players (up to 3)
• Regional Segmentation
Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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 End User Analysis 3.8 Emerging Markets 3.9 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 Centrifugal Pump Market, By Stage 5.1 Introduction 5.2 Single Stage 5.3 Multistage 5.4 Flow Type 5.4.1 Radial Flow Pumps 5.4.2 Axial & Mixed Flow Pump 5.5 Seal Less & Circular Pump 5.6 Submersible Pump 5.7 Two Stage Pump 5.8 End Suction Pumps 5.8.1 Axially Split Case Pumps 5.8.2 Vertical In-line Pump 5.9 Positive Displacement Pump 5.9.1 Reciprocating Pump 5.9.2 Rotary Pump 6 Global Centrifugal Pump Market, By Operation Type 6.1 Introduction 6.2 Air-Driven 6.3 Electrical 6.4 Hydraulic 7 Global Centrifugal Pump Market, By Type 7.1 Introduction 7.2 Between Bearing 7.3 Overhung Impeller 7.4 Vertically Suspended 7.5 Long-Coupled Centrifugal Pump 7.6 Close-Coupled Centrifugal Pump 8 Global Centrifugal Pump Market, By Impeller Type 8.1 Introduction 8.2 Enclosed 8.3 Open 8.4 Partially Open 9 Global Centrifugal Pump Market, By Capacity 9.1 Introduction 9.2 Small Capacity 9.3 Medium Capacity 9.4 High Capacity 10 Global Centrifugal Pump Market, By Product Type 10.1 Introduction 10.2 Petroleum Industry 10.3 Jet Pumps 10.4 Peripheral Pumps 11 Global Centrifugal Pump Market, By End User 11.1 Introduction 11.2 Commercial & Residential 11.3 Industrial 11.3.1 Automotive 11.3.2 Chemicals 11.3.3 Food and Beverages 11.3.4 Mining and Metal 11.3.5 Oil and Gas 11.3.5.1 Oil Extraction 11.3.5.2 Refinery 11.3.6 Pharmaceuticals 11.3.7 Power Generation 11.3.8 Pulp and Paper 11.3.9 Textiles 11.3.10 Water and Wastewater 11.3.11 Sewage Water Treatment 11.3.12 Agricultural 11.3.12.1 Irrigation 11.3.12.2 Dewatering Applications 11.3.12.3 Animal Waste Collection 11.4 Domestic Centrifugal Pumps 11.5 Heating Ventilation and Air Conditioning (HVAC) 11.6 Construction 11.7 Energy 12 Global Centrifugal Pump 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 Baker Hughes Company 14.2 Circor International 14.3 Dover Corporation 14.4 Ebara Corporation 14.5 Flowserve Corporation 14.6 Grundfos 14.7 ITT Inc. 14.8 KSB SE & Co. KGaA 14.9 Pentair 14.10 Ruhrpumpen Group 14.11 Schlumberger Ltd 14.12 Someflu 14.13 Sulzer Ltd 14.14 Weir Group PLC 14.15 Wilo 14.16 Xylem List of Tables Table 1 Global Centrifugal Pump Market Outlook, By Region (2019-2028) ($MN) Table 2 Global Centrifugal Pump Market Outlook, By Stage (2019-2028) ($MN) Table 3 Global Centrifugal Pump Market Outlook, By Single Stage (2019-2028) ($MN) Table 4 Global Centrifugal Pump Market Outlook, By Multistage (2019-2028) ($MN) Table 5 Global Centrifugal Pump Market Outlook, By Flow Type (2019-2028) ($MN) Table 6 Global Centrifugal Pump Market Outlook, By Radial Flow Pumps (2019-2028) ($MN) Table 7 Global Centrifugal Pump Market Outlook, By Axial & Mixed Flow Pump (2019-2028) ($MN) Table 8 Global Centrifugal Pump Market Outlook, By Seal Less & Circular Pump (2019-2028) ($MN) Table 9 Global Centrifugal Pump Market Outlook, By Submersible Pump (2019-2028) ($MN) Table 10 Global Centrifugal Pump Market Outlook, By Two Stage Pump (2019-2028) ($MN) Table 11 Global Centrifugal Pump Market Outlook, By End Suction Pumps (2019-2028) ($MN) Table 12 Global Centrifugal Pump Market Outlook, By Axially Split Case Pumps (2019-2028) ($MN) Table 13 Global Centrifugal Pump Market Outlook, By Vertical In-line Pump (2019-2028) ($MN) Table 14 Global Centrifugal Pump Market Outlook, By Positive Displacement Pump (2019-2028) ($MN) Table 15 Global Centrifugal Pump Market Outlook, By Reciprocating Pump (2019-2028) ($MN) Table 16 Global Centrifugal Pump Market Outlook, By Rotary Pump (2019-2028) ($MN) Table 17 Global Centrifugal Pump Market Outlook, By Operation Type (2019-2028) ($MN) Table 18 Global Centrifugal Pump Market Outlook, By Air-Driven (2019-2028) ($MN) Table 19 Global Centrifugal Pump Market Outlook, By Electrical (2019-2028) ($MN) Table 20 Global Centrifugal Pump Market Outlook, By Hydraulic (2019-2028) ($MN) Table 21 Global Centrifugal Pump Market Outlook, By Type (2019-2028) ($MN) Table 22 Global Centrifugal Pump Market Outlook, By Between Bearing (2019-2028) ($MN) Table 23 Global Centrifugal Pump Market Outlook, By Overhung Impeller (2019-2028) ($MN) Table 24 Global Centrifugal Pump Market Outlook, By Vertically Suspended (2019-2028) ($MN) Table 25 Global Centrifugal Pump Market Outlook, By Long-Coupled Centrifugal Pump (2019-2028) ($MN) Table 26 Global Centrifugal Pump Market Outlook, By Close-Coupled Centrifugal Pump (2019-2028) ($MN) Table 27 Global Centrifugal Pump Market Outlook, By Impeller Type (2019-2028) ($MN) Table 28 Global Centrifugal Pump Market Outlook, By Enclosed (2019-2028) ($MN) Table 29 Global Centrifugal Pump Market Outlook, By Open (2019-2028) ($MN) Table 30 Global Centrifugal Pump Market Outlook, By Partially Open (2019-2028) ($MN) Table 31 Global Centrifugal Pump Market Outlook, By Capacity (2019-2028) ($MN) Table 32 Global Centrifugal Pump Market Outlook, By Small Capacity (2019-2028) ($MN) Table 33 Global Centrifugal Pump Market Outlook, By Medium Capacity (2019-2028) ($MN) Table 34 Global Centrifugal Pump Market Outlook, By High Capacity (2019-2028) ($MN) Table 35 Global Centrifugal Pump Market Outlook, By Product Type (2019-2028) ($MN) Table 36 Global Centrifugal Pump Market Outlook, By Petroleum Industry (2019-2028) ($MN) Table 37 Global Centrifugal Pump Market Outlook, By Jet Pumps (2019-2028) ($MN) Table 38 Global Centrifugal Pump Market Outlook, By Peripheral Pumps (2019-2028) ($MN) Table 39 Global Centrifugal Pump Market Outlook, By End User (2019-2028) ($MN) Table 40 Global Centrifugal Pump Market Outlook, By Commercial & Residential (2019-2028) ($MN) Table 41 Global Centrifugal Pump Market Outlook, By Industrial (2019-2028) ($MN) Table 42 Global Centrifugal Pump Market Outlook, By Automotive (2019-2028) ($MN) Table 43 Global Centrifugal Pump Market Outlook, By Chemicals (2019-2028) ($MN) Table 44 Global Centrifugal Pump Market Outlook, By Food and Beverages (2019-2028) ($MN) Table 45 Global Centrifugal Pump Market Outlook, By Mining and Metal (2019-2028) ($MN) Table 46 Global Centrifugal Pump Market Outlook, By Oil and Gas (2019-2028) ($MN) Table 47 Global Centrifugal Pump Market Outlook, By Pharmaceuticals (2019-2028) ($MN) Table 48 Global Centrifugal Pump Market Outlook, By Power Generation (2019-2028) ($MN) Table 49 Global Centrifugal Pump Market Outlook, By Pulp and Paper (2019-2028) ($MN) Table 50 Global Centrifugal Pump Market Outlook, By Textiles (2019-2028) ($MN) Table 51 Global Centrifugal Pump Market Outlook, By Water and Wastewater (2019-2028) ($MN) Table 52 Global Centrifugal Pump Market Outlook, By Sewage Water Treatment (2019-2028) ($MN) Table 53 Global Centrifugal Pump Market Outlook, By Agricultural (2019-2028) ($MN) Table 54 Global Centrifugal Pump Market Outlook, By Domestic Centrifugal Pumps (2019-2028) ($MN) Table 55 Global Centrifugal Pump Market Outlook, By Heating Ventilation and Air Conditioning (HVAC) (2019-2028) ($MN) Table 56 Global Centrifugal Pump Market Outlook, By Construction (2019-2028) ($MN) Table 57 Global Centrifugal Pump Market Outlook, By Energy (2019-2028) ($MN) Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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