Progressive Cavity Pump (PCP) Market Overview
Protective Headgear Market Size Was Valued at USD 2.41 Billion in 2023, and is Projected to Reach 3.64 USD Billion by 2032, Growing at a CAGR of 4.7% From 2024-2032.
In a progressive cavity pump, the positive displacement concept is utilized. Progressive cavity pumps are typically employed when treating viscous fluids at high flow rates and high discharge pressure is necessary. Progressive cavity pumps are frequently utilized for fluids from wastewater treatment facilities, anaerobic digestion facilities, and paper recycling facilities. Before the development of synthetic elastomers and adhesives, progressing cavity pumps (PCP) were used as fluid transfer pumps in a variety of manufacturing and industrial applications.
Progressive cavity pumps are also seen to be a great alternative for preserving a constant flow rate despite the fluid's variable viscosity. As a result, downhole PC pumps and associated surface drive systems are the two key elements that set this sort of artificial lift apart from others. Furthermore, it is anticipated that more common situations, including high-temperature applications, water-source wells, and hostile fluid conditions, would increase the use of developing cavity pumps.
Market Dynamics And Factors For Progressive Cavity Pump (PCP) Market
Drivers:
Demand for Progressive Cavity Pumps is Growing, Improving Operational Process
Progressing cavity pumps can streamline production for wells with high sand cut and highly viscous fluid (PCPs). These positive displacement pumps are designed to produce variable rates and constant heads and are superior at lifting sand. They can handle many different types of applications. Because of their easy design and installation, lower power consumption when compared to other artificial lift technologies, and cheaper operational and capital expenditures, they are the most affordable and effective artificial lift option. PCPs are typically accepted by end users for modest net positive suction heads (NPSH). Because transferring liquids that are frequently close to vapor pressure needs a more complex pumping system design, the NPSH is a daily worry in industries like oil and gas. Low NPSH may be handled with this pump without the need for any additional construction or design. These pumps can handle materials with high viscosities and a variety of solid impurities and offer decreased loose inefficiency. Additionally, compared to other pump technologies, progressive cavity pump technology is more tolerant of cavitation; as a result, the pump does not malfunction when end-users suffer cavities and may typically start the PCP once the fault is corrected to avoid major system damage. Based on this, it is anticipated that the acceptance of these pumps would increase among a variety of End-users, creating a market dynamic.
Restraints:
Lifting Capacity of Larger Progressing Cavity Pumps Hampers the Market
Over the projected period, it is anticipated that the global market for progressing cavity pumps will face challenges due to limited production rates and the lower lifting capacities of larger progressing cavity pumps. Additionally, the need for highly experienced staff to install and run systems as well as problems with paraffin control in waxy crude applications are likely to restrain market expansion throughout the projection period. In addition, a fluid coating is required to maintain the lubrication of the sliding (contacting) surfaces. When left running dry, these pumps stop working. Progressive cavity pumps don't generate a lot of flow and move more slowly. VFDs (variable frequency drives) and/or gear reducers, which raise installation costs, can solve this problem. A VFD could not be advantageous depending on the application. When viscous fluid doesn't flow into the pump rapidly enough, it can reduce the volumetric efficiency of the pump. As a result, it's critical to follow the speed limitations for the particular fluid and viscosity (and should be carefully checked and adhered to). PC pumps have a finite range of motion. The rotor/stator fittings might result in significant slippage rates, which reduces the pump's efficiency.
Opportunities:
Growing Investments in Wastewater Treatment Plants in Developing Economies
The growing spending on wastewater treatment facilities in developing nations as they work toward sustainability objectives is expanding the market for progressive cavity pump suppliers. Environmental research and development efforts are being boosted all around the world as a result of the mounting sewage, rubbish, and wastewater concerns. We need new technology. Every year, the water and wastewater treatment market expands and introduces new tools and methods. The Progressive Cavity Pump (PCP) Market is anticipated to benefit from these lucrative opportunities in the years to come.
Segmentation Analysis Of Progressive Cavity Pump (PCP) Market
By Pumping Capacity, the 0 to 500 GPM segment is anticipated to hold the maximum market share over the forecast period. The highest market share for PCPs worldwide is held by progressing cavity pumps with pumping capacities between 0 and 500 GPM. Due to the variety of operations that these pumps offer, the sector accounted for more than 65% of the market in 2020. These pumps are small in size and require less powerful electric or hydraulic motors, which are favored globally for their great operational efficiency and inexpensive cost. One of the main reasons why end-use industries like small motors over their more powerful counterparts are that they have lower operational costs. Due to the relatively modest flow rate requirements for fluid processing, the food and beverage industry ranks among the major consumers of these pumps.
By Pumping Capacity, up to 50 HP segment is anticipated to hold the maximum market share over the forecast period. In demanding pumping applications, PCPs up to 50 hp are primarily employed for abrasion resistance. When the viscosity of the liquid grows, PCPs become mechanical, their volumetric efficiency increases, and they require less power and flow than conventional pumps. Agro and food (for handling creams, emulsions, wine, and olive oils); food & beverages (for handling dairy products, beverages, convenience food, fruits and vegetables, baked goods, sauce and starch, personal care, meat, fish, and animal products); chemicals (for handling detergents, varnish, paints, inks, and soaps); buildings (for handling cement and bentonite). Progressing cavity pumps with such power rating is not highly used in the oil & gas industry owing to the fact that the oil & gas industry demands high power rated operational equipment.
By End User, water & wastewater is the largest end-user of PCPs among all the industries. The use of PCP units for the processing of polymers, waste, sludge, and flocculants in the water and wastewater industry is expected to increase as a result of the need to lower life cycle costs and increase operating margins. Future needs for water and wastewater management would also be driven by an increase in the need for freshwater, the handling of liquids with increasing viscosities, and a clean environment, opening up the potential for the use of PCPs. These pumps will certainly become more popular as a result of new plant construction, unit improvements, and unit expansions. The UN predicts that by 2025, there will be 8.1 billion people on the planet, up from 7.2 billion in 2013. Therefore, the expansion of the water and wastewater industry would be aided by factors including population growth, particularly in urban areas, industrial development, an increase in the importance of wastewater treatment, international commitments and targets, and governmental regulations. Furthermore, the UN aims to provide everyone with fair access to basic sanitation and safe, cheap drinking water by 2030. This necessitates significant investments in the water and wastewater industries. In consequence, this would increase the demand for PCPs during the projection period.
Regional Analysis Of Progressive Cavity Pump (PCP) Market
The Asia Pacific region was the largest market for progressing cavity pumps in 2020 and accounted significant market share of the global market. China, Australia, India, and Japan have all investigated the PCP market in the Asia Pacific region. Thailand, Malaysia, the Philippines, Singapore, and South Korea are among the other Asian nations considered in the study. The region's economy is still expected to grow strongly, and it continues to be the most dynamic in the world economy, according to the research study. The region, which is home to many of the top economies in the world, including China, India, and Japan, is predicted to develop at 5.6 percent through 2022. The water and wastewater treatment, oil and gas, and food and beverage sectors are some of the biggest end users of progressive cavity pumps in the area.
The fast-expanding economies of China and India, along with their robust industrial development rates, will dominate this region's market. Southeast Asian nations like Malaysia and Thailand have developed their markets to varying degrees. By 2022, the Malaysian government wants to provide clean water to 99.5% of the population, up from 95.5% in 2015. Such goals will probably have a positive impact on the PCP market. The Indian Ministry of Finance reports that the nation intends to invest USD 646 billion by 2022 in numerous growth sectors. Power, roads, and urban infrastructure would each receive about 70% of the investment.
North America is expected to grow at a significant pace over the forecast period. Progressive pumps are projected to be in high demand from sectors including water and wastewater. To put things in perspective, in Canada, municipal wastewater systems have provided service to close to 86 percent of the population. Additionally, the United States accounts for 68.9 billion barrels of the proven reserve, according to the BP Statistical Energy Market Report, which supports the usage of progressive cavity pumps by various oil and gas end-users.
Similarly, the Europe region is expected to grow at a significant growth rate over the forecast period. With an increase in the need for clean water across diverse industries, countries throughout Europe are installing more water and wastewater treatment facilities. For example, in July 2020, H+E GmbH/Germany/Stuttgart, one of the top global providers of industrial process water and wastewater management systems, was awarded the contract for a supply water treatment plant for a German automaker.
The Middle East & Africa area is also anticipated to experience significant growth during the projection period. Latin America is predicted to have a small market share for advancing cavity pumps globally, but it is predicted to increase rapidly throughout the projection period.
Covid-19 Impact Analysis On Progressive Cavity Pump (PCP) Market
Globally, the COVID-19 epidemic has impacted negatively several industry sectors. Various public health recommendations were put into place in various nations throughout the world to reduce the number of infections and decrease the coronavirus spread. Under COVID-19 protocols, a state may declare a national emergency, impose stay-at-home orders, close non-essential businesses and schools, forbid public gatherings, impose curfews, issue digital passes, and permit police to restrict citizen movement both domestically and internationally. Governments are tightening regulations in response to the rising vaccination rate to revive the struggling economy. Similar to other sectors, the Progressive Cavity Pump (PCP) Industry has seen growth slow down; however, as global government restrictions are being eased, the market is anticipated to rebound.
Top Key Players Covered In Progressive Cavity Pump (PCP) Market
- Netzsch Pumps & Systems
- Seepex GmbH
- Halliburton
- Weatherford International
- Viking Pump, Inc.
- Sulzer Ltd.
- GEA Group
- PSG Dover
- National Oilwell Varco (NOV)
- Tuthill Corporation
- Baker Hughes
- Hunan Oil Pump Co., Ltd.
- Xylem Inc.
- Kracht GmbH
- Wangen Pumps
- SPX Flow
- Ingersoll Rand
- ITT Inc.
- Emerson Electric Co.
- Grundfos Pumps Corporation, and Other Active Player.
Key Industry Development In The Progressive Cavity Pump (PCP) Market
- In October 2024, NETZSCH introduced a hermetically sealed and cost-effective upgrade for their existing NEMO progressing cavity pumps. The hermetic seal of the pumps ensures a safer working environment through the prevention of the escape of toxic liquids and gases. This upgrade contributes to significant cost savings as the sealing systems do not require maintenance.
- In February 2022, Atlas Copco announced the acquisition of Wangen Pumpen, a German-based manufacturer of progressive cavity pumps. The acquisition aims to strengthen Atlas Copco's position in the wastewater treatment and process industry sectors. Wangen Pumpen's products are popular in the market, making them a valuable addition to Atlas Copco's portfolio. The acquisition will enable Atlas Copco to expand its customer base and offer a broader range of pumping solutions.
Global Progressive Cavity Pump (PCP) Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.41 Bn. |
Forecast Period 2024-32 CAGR: |
4.7% |
Market Size in 2032: |
USD 3.64 Bn |
Segments Covered: |
By Pumping Capacity (GPM) |
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By Power Rating (HP) |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
ā1.1 Research Objectives
ā1.2 Research Methodology
ā1.3 Research Process
ā1.4 Scope and Coverage
āā1.4.1 Market Definition
āā1.4.2 Key Questions Answered
ā1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
ā3.1 By Pumping Capacity (GPM)
ā3.2 By Power Rating (HP)
ā3.3 By End-User
Chapter 4: Market Landscape
ā4.1 Porter's Five Forces Analysis
āā4.1.1 Bargaining Power of Supplier
āā4.1.2 Threat of New Entrants
āā4.1.3 Threat of Substitutes
āā4.1.4 Competitive Rivalry
āā4.1.5 Bargaining Power Among Buyers
ā4.2 Industry Value Chain Analysis
ā4.3 Market Dynamics
āā3.5.1 Drivers
āā3.5.2 Restraints
āā3.5.3 Opportunities
āā3.5.4 Challenges
ā4.4 Pestle Analysis
ā4.5 Technological Roadmap
ā4.6 Regulatory Landscape
ā4.7 SWOT Analysis
ā4.8 Price Trend Analysis
ā4.9 Patent Analysis
ā4.10 Analysis of the Impact of Covid-19
āā4.10.1 Impact on the Overall Market
āā4.10.2 Impact on the Supply Chain
āā4.10.3 Impact on the Key Manufacturers
āā4.10.4 Impact on the Pricing
Chapter 4: Progressive Cavity Pump (PCP) Market by Pumping Capacity (GPM)
ā4.1 Progressive Cavity Pump (PCP) Market Overview Snapshot and Growth Engine
ā4.2 Progressive Cavity Pump (PCP) Market Overview
ā4.3 0 to 500
āā4.3.1 Introduction and Market Overview
āā4.3.2 Historic and Forecasted Market Size (2017-2032F)
āā4.3.3 Key Market Trends, Growth Factors and Opportunities
āā4.3.4 0 to 500: Grographic Segmentation
ā4.4 500 to 1000
āā4.4.1 Introduction and Market Overview
āā4.4.2 Historic and Forecasted Market Size (2017-2032F)
āā4.4.3 Key Market Trends, Growth Factors and Opportunities
āā4.4.4 500 to 1000: Grographic Segmentation
ā4.5 Above 1000
āā4.5.1 Introduction and Market Overview
āā4.5.2 Historic and Forecasted Market Size (2017-2032F)
āā4.5.3 Key Market Trends, Growth Factors and Opportunities
āā4.5.4 Above 1000: Grographic Segmentation
Chapter 5: Progressive Cavity Pump (PCP) Market by Power Rating (HP)
ā5.1 Progressive Cavity Pump (PCP) Market Overview Snapshot and Growth Engine
ā5.2 Progressive Cavity Pump (PCP) Market Overview
ā5.3 Up to 50
āā5.3.1 Introduction and Market Overview
āā5.3.2 Historic and Forecasted Market Size (2017-2032F)
āā5.3.3 Key Market Trends, Growth Factors and Opportunities
āā5.3.4 Up to 50: Grographic Segmentation
ā5.4 51 to 100
āā5.4.1 Introduction and Market Overview
āā5.4.2 Historic and Forecasted Market Size (2017-2032F)
āā5.4.3 Key Market Trends, Growth Factors and Opportunities
āā5.4.4 51 to 100: Grographic Segmentation
ā5.5 Above 100
āā5.5.1 Introduction and Market Overview
āā5.5.2 Historic and Forecasted Market Size (2017-2032F)
āā5.5.3 Key Market Trends, Growth Factors and Opportunities
āā5.5.4 Above 100: Grographic Segmentation
Chapter 6: Progressive Cavity Pump (PCP) Market by End-User
ā6.1 Progressive Cavity Pump (PCP) Market Overview Snapshot and Growth Engine
ā6.2 Progressive Cavity Pump (PCP) Market Overview
ā6.3 Oil & Gas
āā6.3.1 Introduction and Market Overview
āā6.3.2 Historic and Forecasted Market Size (2017-2032F)
āā6.3.3 Key Market Trends, Growth Factors and Opportunities
āā6.3.4 Oil & Gas: Grographic Segmentation
ā6.4 Water & Wastewater
āā6.4.1 Introduction and Market Overview
āā6.4.2 Historic and Forecasted Market Size (2017-2032F)
āā6.4.3 Key Market Trends, Growth Factors and Opportunities
āā6.4.4 Water & Wastewater: Grographic Segmentation
ā6.5 Food & Beverages
āā6.5.1 Introduction and Market Overview
āā6.5.2 Historic and Forecasted Market Size (2017-2032F)
āā6.5.3 Key Market Trends, Growth Factors and Opportunities
āā6.5.4 Food & Beverages: Grographic Segmentation
ā6.6 Chemicals & Petrochemicals
āā6.6.1 Introduction and Market Overview
āā6.6.2 Historic and Forecasted Market Size (2017-2032F)
āā6.6.3 Key Market Trends, Growth Factors and Opportunities
āā6.6.4 Chemicals & Petrochemicals: Grographic Segmentation
ā6.7 Pulp & Paper
āā6.7.1 Introduction and Market Overview
āā6.7.2 Historic and Forecasted Market Size (2017-2032F)
āā6.7.3 Key Market Trends, Growth Factors and Opportunities
āā6.7.4 Pulp & Paper: Grographic Segmentation
ā6.8 Others
āā6.8.1 Introduction and Market Overview
āā6.8.2 Historic and Forecasted Market Size (2017-2032F)
āā6.8.3 Key Market Trends, Growth Factors and Opportunities
āā6.8.4 Others: Grographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
ā7.1 Competitive Landscape
āā7.1.1 Competitive Positioning
āā7.1.2 Progressive Cavity Pump (PCP) Sales and Market Share By Players
āā7.1.3 Industry BCG Matrix
āā7.1.4 Ansoff Matrix
āā7.1.5 Progressive Cavity Pump (PCP) Industry Concentration Ratio (CR5 and HHI)
āā7.1.6 Top 5 Progressive Cavity Pump (PCP) Players Market Share
āā7.1.7 Mergers and Acquisitions
āā7.1.8 Business Strategies By Top Players
ā7.2 BORETS (UAE)
āā7.2.1 Company Overview
āā7.2.2 Key Executives
āā7.2.3 Company Snapshot
āā7.2.4 Operating Business Segments
āā7.2.5 Product Portfolio
āā7.2.6 Business Performance
āā7.2.7 Key Strategic Moves and Recent Developments
āā7.2.8 SWOT Analysis
ā7.3 SEEPEX GMBH (GERMANY)
ā7.4 SCHLUMBERGER (U.S.)
ā7.5 NOV (U.S.)
ā7.6 XYLEM INC. (U.S.)
ā7.7 CIRCOR (U.S.)
ā7.8 WEATHERFORD (U.S.)
ā7.9 PUMPENFABRIC WANGEN (GERMANY)
ā7.10 ROTO PUMPS (INDIA)
ā7.11 NORDSON (U.S.)
ā7.12 SULZER (SWITZERLAND)
ā7.13 CHAMPION X (U.S.)
ā7.14 PCM GROUP (PARIS)
ā7.15 NETZSCH TECHNOLOGIES (GERMANY)
ā7.16 VERDER LIQUID (NETHERLANDS)
Chapter 8: Global Progressive Cavity Pump (PCP) Market Analysis, Insights and Forecast, 2017-2032
ā8.1 Market Overview
ā8.2 Historic and Forecasted Market Size By Pumping Capacity (GPM)
āā8.2.1 0 to 500
āā8.2.2 500 to 1000
āā8.2.3 Above 1000
ā8.3 Historic and Forecasted Market Size By Power Rating (HP)
āā8.3.1 Up to 50
āā8.3.2 51 to 100
āā8.3.3 Above 100
ā8.4 Historic and Forecasted Market Size By End-User
āā8.4.1 Oil & Gas
āā8.4.2 Water & Wastewater
āā8.4.3 Food & Beverages
āā8.4.4 Chemicals & Petrochemicals
āā8.4.5 Pulp & Paper
āā8.4.6 Others
Chapter 9: North America Progressive Cavity Pump (PCP) Market Analysis, Insights and Forecast, 2017-2032
ā9.1 Key Market Trends, Growth Factors and Opportunities
ā9.2 Impact of Covid-19
ā9.3 Key Players
ā9.4 Key Market Trends, Growth Factors and Opportunities
ā9.4 Historic and Forecasted Market Size By Pumping Capacity (GPM)
āā9.4.1 0 to 500
āā9.4.2 500 to 1000
āā9.4.3 Above 1000
ā9.5 Historic and Forecasted Market Size By Power Rating (HP)
āā9.5.1 Up to 50
āā9.5.2 51 to 100
āā9.5.3 Above 100
ā9.6 Historic and Forecasted Market Size By End-User
āā9.6.1 Oil & Gas
āā9.6.2 Water & Wastewater
āā9.6.3 Food & Beverages
āā9.6.4 Chemicals & Petrochemicals
āā9.6.5 Pulp & Paper
āā9.6.6 Others
ā9.7 Historic and Forecast Market Size by Country
āā9.7.1 U.S.
āā9.7.2 Canada
āā9.7.3 Mexico
Chapter 10: Europe Progressive Cavity Pump (PCP) Market Analysis, Insights and Forecast, 2017-2032
ā10.1 Key Market Trends, Growth Factors and Opportunities
ā10.2 Impact of Covid-19
ā10.3 Key Players
ā10.4 Key Market Trends, Growth Factors and Opportunities
ā10.4 Historic and Forecasted Market Size By Pumping Capacity (GPM)
āā10.4.1 0 to 500
āā10.4.2 500 to 1000
āā10.4.3 Above 1000
ā10.5 Historic and Forecasted Market Size By Power Rating (HP)
āā10.5.1 Up to 50
āā10.5.2 51 to 100
āā10.5.3 Above 100
ā10.6 Historic and Forecasted Market Size By End-User
āā10.6.1 Oil & Gas
āā10.6.2 Water & Wastewater
āā10.6.3 Food & Beverages
āā10.6.4 Chemicals & Petrochemicals
āā10.6.5 Pulp & Paper
āā10.6.6 Others
ā10.7 Historic and Forecast Market Size by Country
āā10.7.1 Germany
āā10.7.2 U.K.
āā10.7.3 France
āā10.7.4 Italy
āā10.7.5 Russia
āā10.7.6 Spain
Chapter 11: Asia-Pacific Progressive Cavity Pump (PCP) Market Analysis, Insights and Forecast, 2017-2032
ā11.1 Key Market Trends, Growth Factors and Opportunities
ā11.2 Impact of Covid-19
ā11.3 Key Players
ā11.4 Key Market Trends, Growth Factors and Opportunities
ā11.4 Historic and Forecasted Market Size By Pumping Capacity (GPM)
āā11.4.1 0 to 500
āā11.4.2 500 to 1000
āā11.4.3 Above 1000
ā11.5 Historic and Forecasted Market Size By Power Rating (HP)
āā11.5.1 Up to 50
āā11.5.2 51 to 100
āā11.5.3 Above 100
ā11.6 Historic and Forecasted Market Size By End-User
āā11.6.1 Oil & Gas
āā11.6.2 Water & Wastewater
āā11.6.3 Food & Beverages
āā11.6.4 Chemicals & Petrochemicals
āā11.6.5 Pulp & Paper
āā11.6.6 Others
ā11.7 Historic and Forecast Market Size by Country
āā11.7.1 China
āā11.7.2 India
āā11.7.3 Japan
āā11.7.4 Southeast Asia
Chapter 12: South America Progressive Cavity Pump (PCP) Market Analysis, Insights and Forecast, 2017-2032
ā12.1 Key Market Trends, Growth Factors and Opportunities
ā12.2 Impact of Covid-19
ā12.3 Key Players
ā12.4 Key Market Trends, Growth Factors and Opportunities
ā12.4 Historic and Forecasted Market Size By Pumping Capacity (GPM)
āā12.4.1 0 to 500
āā12.4.2 500 to 1000
āā12.4.3 Above 1000
ā12.5 Historic and Forecasted Market Size By Power Rating (HP)
āā12.5.1 Up to 50
āā12.5.2 51 to 100
āā12.5.3 Above 100
ā12.6 Historic and Forecasted Market Size By End-User
āā12.6.1 Oil & Gas
āā12.6.2 Water & Wastewater
āā12.6.3 Food & Beverages
āā12.6.4 Chemicals & Petrochemicals
āā12.6.5 Pulp & Paper
āā12.6.6 Others
ā12.7 Historic and Forecast Market Size by Country
āā12.7.1 Brazil
āā12.7.2 Argentina
Chapter 13: Middle East & Africa Progressive Cavity Pump (PCP) Market Analysis, Insights and Forecast, 2017-2032
ā13.1 Key Market Trends, Growth Factors and Opportunities
ā13.2 Impact of Covid-19
ā13.3 Key Players
ā13.4 Key Market Trends, Growth Factors and Opportunities
ā13.4 Historic and Forecasted Market Size By Pumping Capacity (GPM)
āā13.4.1 0 to 500
āā13.4.2 500 to 1000
āā13.4.3 Above 1000
ā13.5 Historic and Forecasted Market Size By Power Rating (HP)
āā13.5.1 Up to 50
āā13.5.2 51 to 100
āā13.5.3 Above 100
ā13.6 Historic and Forecasted Market Size By End-User
āā13.6.1 Oil & Gas
āā13.6.2 Water & Wastewater
āā13.6.3 Food & Beverages
āā13.6.4 Chemicals & Petrochemicals
āā13.6.5 Pulp & Paper
āā13.6.6 Others
ā13.7 Historic and Forecast Market Size by Country
āā13.7.1 Saudi Arabia
āā13.7.2 South Africa
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Progressive Cavity Pump (PCP) Market |
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Base Year: |
2023 |
Forecast Period: |
2024-2032 |
Historical Data: |
2017 to 2023 |
Market Size in 2023: |
USD 2.41 Bn. |
Forecast Period 2024-32 CAGR: |
4.7% |
Market Size in 2032: |
USD 3.64 Bn |
Segments Covered: |
By Pumping Capacity (GPM) |
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By Power Rating (HP) |
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By End User |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Frequently Asked Questions :
The forecast period in the market research report is 2024-2032.
The key players mentioned are Borets (UAE), Seepex GmbH (Germany), Schlumberger (U.S.), NOV (U.S.), Xylem Inc. (U.S.), CIRCOR (U.S.), Weatherford (U.S.), Pumpenfabric Wangen (Germany), Roto Pumps (India), Nordson (U.S.), Sulzer (Switzerland), Champion X (U.S.), PCM Group (Paris), NETZSCH Technologies (Germany), Verder Liquid (Netherlands).
The Progressive Cavity Pump (PCP) Market is segmented into Pumping Capacity (GPM), Power Rating (HP), End users, and region. By Pumping Capacity (GPM), the market is categorized into 0 to 500, 500 to 1000, and Above 1000. By Power Rating (HP), the market is categorized as Up to 50, 51 to 100, and Above 100. By End Users, Oil & Gas, Water & Wastewater, Food & Beverages, Chemicals & Petrochemicals, Pulp & Paper, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Progressing cavity pumping is a cost-effective form of artificial lift that simplifies production and withstands erosive attack. Progressing cavity pumps (PCPs) displace fluid by transferring it through a sequence of small, discrete cavities formed from the turning of a helical rotor within a stator.
Protective Headgear Market Size Was Valued at USD 2.41 Billion in 2023, and is Projected to Reach 3.64 USD Billion by 2032, Growing at a CAGR of 4.7% From 2024-2032.