Rotary pumps are used to pump liquids such as oil and other viscous fluids. They are used to manage fuel oils, lube oils, and a broad variety of liquids. These pumps have small clearances between stationary parts and rotating parts to reduce leakage from discharge side back to the suction side. It is designed to work at comparatively at low speeds to maintain these clearances. Operating these pumps at a higher speed can cause excessive wear and erosion, which can increase clearances with a subsequent decrease in pumping capacity.
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Expansion of the wastewater management and water recycling industries and rise in investment in the non-oil sector are estimated to drive the rotary pump market during the forecast period. Furthermore, benefits offered by new products such as advanced treatment solutions and gear pumps are projected to boost the market. Advanced feature of rotary pumps such as their ability to transport harmful chemicals without damaging the environment is a key driver of the global rotary pump market. However, growing demand for centrifugal pumps is anticipated to inhibit the rotary pump market in the near future. Furthermore, rise in investments in wastewater treatment plants in emerging countries is anticipated to boost the rotary pump market in the future.
The global rotary pump market has been segmented based on product type, industry, distribution channel, and region. In terms of product type, the rotary pump market has been divided into gear pump, progressive cavity (PC) pump, screw pump, lobe pump, and moving vane pump. Based on industry, the market has been split into chemical & petrochemical, oil & gas, pharmacy, food & beverage, power generation, water & wastewater, pharmaceutical, machinery industry, and others. Moreover, increasing awareness regarding industrial usage of wastewater in various application such as irrigation is anticipated to increase demand for effective wastewater management systems during the forecast period. In terms of distribution channel, the market is bifurcated into online and offline.
Based on region, the global rotary pump market has been categorized into North America (NA), Europe (EU), Asia Pacific (APAC), Middle East & Africa (MEA), and South America (SA). North America is further divided into the U.S., Canada, and rest of North America. Europe has been categorized into the U.K., Germany, France, and Rest of Europe. Similarly, Asia Pacific includes India, China, Japan, and Rest of Asia Pacific. Middle East & Africa has been classified into GCC Countries, South Africa, and Rest of Middle East & Africa. South America has been segmented into Brazil, Mexico, and Rest of South America. Asia Pacific is expected to dominate the market for rotary pump due to high demand for rotary pumps and expansion of various end-user industries such as mining, power, wastewater, and chemical. Growth in population and rise in urbanization in APAC are increasing demand for oil & gas, electricity, and chemicals in developing economies such as Indonesia, India, and China.
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Key players operating the global rotary pump market include Dover Corporation, CIRCOR International, Tushaco Pumps, Colfax Corporation, SPX Flow Technology Sweden AB, Xylem Inc., IDEX Corporation, Viking Pump, Atlas Copco AB, Pfeiffer Vacuum GmbH, ULVAC, Inc., Busch Group, Gardner Denver, Inc., Tuthill, Vogelsang, Albin Pump SAS, Netzsch Pumpen, Osaka Vacuum, Ltd., and Inoxpa India PVT.LTD. These players are expected to take advantage of the rising industrial expenditure and new infrastructure development driven by increase in the number of power plants in the region. The players are focusing on increasing mergers and acquisitions to gain an edge over competitors. The market is projected to see an upsurge in the trend of rising sale owing to higher infrastructure facilities. As a result, the overall rotary pump market is estimated to surge.