Rotary Pump Market Analysis APAC, Europe, North America, South America, Middle East and Africa - China, US, Russia, Japan, Canada, India, Germany, UK, South Korea, France - Size and Forecast 2024-2028

Rotary Pump Market Size 2024-2028

The rotary pump market size is forecast to increase by USD 2.05 billion at a CAGR of 5.3% between 2023 and 2028.

• Rotary pumps play a crucial role in fluid handling across various industries, including oil and gas, chemicals, and wastewater treatment. The market for rotary pumps is driven by several trends, such as the increasing focus on reducing carbon footprint and improving energy efficiency in industries. Additionally, the integration of pumps with Industrial Internet of Things (IIoT) technology is gaining traction, enabling remote monitoring and predictive maintenance. Cast iron, bronze, stainless steel, aluminum, and copper are essential components, but their volatility can hinder the adoption of rotary pumps in price-sensitive markets. However, the market is also faced with challenges, such as the volatility in raw material prices and the need for pumps to meet stringent regulations in construction and chemical processing. As industries continue to prioritize sustainability and operational efficiency, the demand for energy-efficient rotary pumps is expected to grow.

What will be the Size of the Market During the Forecast Period?

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• The market is witnessing significant growth due to increasing demand in various industries, including oil and gas, chemicals, construction, and wastewater treatment. These pumps are essential for handling high-viscosity fluids and maintaining differential pressure in fluid handling systems. Rotary pumps, a type of positive displacement pump, operate by trapping fluid in chambers and rotating to transfer it to the discharge side. The market's expansion is attributed to the advantages these pumps offer over other types, such as gear pumps and screw pumps. One of the primary factors driving the market is the growing focus on energy efficiency and reducing carbon footprint.
• In addition, energy-efficient rotary pumps, equipped with variable speed drives (VSDs), offer significant energy savings and reduced operating costs. The integration of Internet of Things (IoT) technology, including Bluetooth connectivity, enables remote monitoring and predictive maintenance, further enhancing energy efficiency and overall system performance. In the oil and gas sector, rotary pumps are used extensively for transferring crude oil and other petroleum products. In the chemical industry, these pumps are employed for handling corrosive and abrasive fluids, ensuring process efficiency and safety. In construction, rotary pumps are utilized for dewatering applications, such as managing groundwater and sewage. Wastewater treatment plants also rely on rotary pumps for moving wastewater and sludge, contributing to the market's growth.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

• Product
  • PC and multiple screw pump
  • Gear pump
  • Lobe and peristaltic pump
  • Vane pump
• Geography
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • North America
    • Canada
    • US
  • South America
  • Middle East and Africa

By Product Insights

• The PC and multiple screw pump segment is estimated to witness significant growth during the forecast period.

Rotary pumps, specifically PC and multiple screw pumps are essential components in various industries, including water treatment and fluid handling. These positive displacement pumps operate by utilizing intermeshed screws to transfer liquids through a system, increasing their pressure as they are pushed out from another surface. The screws consist of three spindles: one acts as a screwdriver, while the other two are driven. The screws maintain a precise clearance, enabling them to effectively pump the fluid. The fluid enters the pump through the inlet, typically located at the pump's bottom, and is driven by the motor to the screws.

In addition, the outlet, situated at the pump's top, discharges the pressurized fluid. Rotary pumps are extensively used in industrial processes, such as hydraulic systems and lubrication, as well as waste-water treatment. By employing energy-efficient technologies like variable speed drives, these pumps contribute to reducing carbon footprints and promoting sustainability. In summary, rotary pumps, particularly PC and multiple screw pumps, play a crucial role in various industries, including water treatment and fluid handling. Their ability to effectively transfer liquids through precise screw mechanisms and maintain a consistent pressure makes them indispensable in industrial processes and waste-water treatment applications. Furthermore, the integration of energy-efficient technologies, such as variable speed drives, enhances their overall performance and contributes to a reduced carbon footprint.

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The PC and multiple screw pump segment was valued at USD 2.49 billion in 2018 and showed a gradual increase during the forecast period.

Regional Analysis

• APAC is estimated to contribute 50% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The market encompasses the global industry trends and growth prospects of this fluid transport solution. This is primarily due to the presence of significant oil and gas consumers, chemical and industrial manufacturing hubs, and the world's leading automotive manufacturing industry in APAC countries. The region's economic development, both in developed and developing nations, influences the demand for rotary pumps. The oil and gas sector in APAC is expanding, leading to anticipated investments in the region during the forecast period. These investments are projected to generate demand for positive displacement pumps, making APAC a vital market for rotary pump manufacturers.

Market Dynamics

Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise in adoption of Rotary Pump Market?

Rising focus on improving energy efficiency in industries is the key driver of the market.

• The increasing concern over energy costs and carbon emissions from traditional energy sources has led industries to explore more energy-efficient solutions, particularly in the use of pumps. Major energy consumers such as pulp and paper and chemicals sectors heavily rely on energy-intensive equipment like pumps, blowers, and motors. In response to this, regulatory bodies are implementing new norms to reduce energy expenses and carbon emissions in industrial applications.
• For instance, the US Department of Energy launched the Better Buildings, Better Plants Program in 2011, a voluntary initiative aimed at enhancing energy efficiency in the industrial sector. This shift presents significant opportunities for sustainable pumps, which offer reduced energy consumption and lower carbon footprint. Furthermore, the integration of Internet of Things (IoT) technologies, such as Bluetooth connectivity, in energy-efficient pumps enables remote monitoring and optimization, adding to their appeal.

What are the market trends shaping the Rotary Pump Market?

Integration of pumps with IIoT is the upcoming trend in the market.

• Rotary pumps play a crucial role in fluid handling across various industries, including oil and gas, chemicals, and wastewater treatment. With the increasing focus on reducing carbon footprint and improving energy efficiency, the integration of advanced technologies into rotary pumps is gaining momentum. The Industrial Internet of Things (IIoT) is one such technology that is revolutionizing the way rotary pumps operate. IIoT enables the collection of data from the entire process system, including rotary pumps, for real-time analysis. This data is used to optimize process parameters and enhance overall efficiency. The oil and gas industry is leading the way in adopting this technology, followed closely by chemical processing and wastewater treatment.
• Furthermore, the benefits of IIoT in rotary pumps are numerous. It enables predictive maintenance, reducing downtime and maintenance costs. It also allows for remote monitoring and control, increasing operational flexibility and reducing the need for on-site personnel. Furthermore, it enables real-time adjustments to process parameters, optimizing efficiency and reducing energy consumption. As the construction industry embraces digitalization, the demand for energy-efficient and smart rotary pumps is expected to grow. IIoT-enabled rotary pumps offer a cost-effective solution for improving operational efficiency and reducing carbon footprint. With the continued advancements in connected electronics and information relay technologies, the future of rotary pumps lies in their integration with IIoT.

What challenges does Rotary Pump Market face during the growth?

Volatility in raw material prices of rotary pumps is a key challenge affecting the market growth.

• The market experiences fluctuations in raw material prices, which pose a significant challenge. Recent trends show that raw material prices have experienced considerable instability due to factors like increased taxes, tariffs, and production disruptions in metal ore-producing countries. These price changes can ripple through the entire supply chain, ultimately impacting the cost of the final product. To mitigate this challenge, Smart Rotary Pumps manufacturers are turning to advanced technologies like Smart Pressure Sensors and Software-as-a-Service (SaaS) solutions.
• In addition, by implementing these technologies, companies can optimize their production processes, minimize waste, and improve overall efficiency. In industries such as Oil and Gas and Power Generation, Positive Displacement Pumps from DV Systems and Runtech Systems are increasingly being adopted due to their high performance and reliability. These technological advancements can help insulate the market from raw material price fluctuations and ensure long-term growth.

Exclusive Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

Customer Landscape

Key Companies & Market Insights

Companies are implementing various strategies, such as strategic alliances, market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

• Atlas Copco AB
• Baker Hughes Co.
• Bosch Rexroth AG
• Busch Dienste GmbH
• Celeros Flow Technology
• CIRCOR International Inc.
• Ebara Corp.
• Flowserve Corp.
• Gardner Denver
• Grundfos Holding AS
• IDEX Corp.
• Ingersoll Rand Inc.
• INOXPA India Pvt. Ltd.
• KSB SE and Co. KGaA
• Erich NETZSCH BV and Co. Holding KG
• Pfeiffer Vacuum Technology AG
• Schlumberger Ltd.
• Sulzer Ltd.
• The Weir Group Plc
• ULVAC Inc.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Research Analyst Overview

The market is experiencing significant growth due to the increasing demand for sustainable and energy-efficient pumps in various industries. These pumps are widely used in fluid handling applications, particularly in oil and gas, power generation, chemicals, agriculture, and wastewater treatment. Rotary pumps, including positive displacement pumps like vane pumps, lobe pumps, and gear pumps, and screw pumps, are preferred for handling high-viscosity fluids and corrosive substances. The integration of IoT and Bluetooth technology in rotary pumps has led to the development of smart rotary pumps. These pumps are equipped with smart pressure sensors and software-as-a-service (SaaS) solutions that enable remote monitoring and predictive maintenance.

In addition, the use of variable speed drives (VSDs) in rotary pumps further enhances their energy efficiency and reduces head loss, making them an attractive option for industries looking to minimize their carbon footprint. Rotary pumps are essential in the refining process of crude oil and are used to transport fluids in industrial processes, hydraulic systems, and lubrication applications. The market for rotary pumps is expected to grow significantly due to the increasing demand for energy-efficient solutions and the ability of these pumps to handle high-viscosity liquids and differential pressure.

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What are the Key Data Covered in this Market Research and Growth Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
• Precise estimation of the size of the market and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
• Growth of the market across APAC, Europe, North America, South America, and Middle East and Africa
• Thorough analysis of the market's competitive landscape and detailed information about companies
• Comprehensive analysis of factors that will challenge the growth of market companies

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