The global demand for Progressing Cavity Pumps Market is presumed to reach the market size of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% under the study period 2022 - 2028.
A progressive or progressing cavity pump is a positive displacement pump, and it is made to handle high viscous fluids and exceptionally tough pumping applications. Progressive cavity (PC) pumps are flow-creating devices that move fluid at a steady speed without considering the pressure on the inlet end. It is a highly versatile pump that can do a range of jobs. For example, it is entirely designed for metering chemicals and pumping abrasive, viscous, or shear-sensitive materials. The other important applications include metering and dosing, grout or cement pumping, and lubrication oil pumping. Due to its several application, it is majorly utilized in several sectors such as wastewater treatment plants, chemical manufacturing, oil pumping/petroleum production, food and beverage processing, and pulp and paper.
Market Dynamics
The growing utilization of PCPs in improved oil recovery and several other upstream processes is the major factor driving the Progressing cavity pumps market. The progressive cavity pumps are mostly used for continuous, gentle conveyance and precise dosing owing to their high process liability, high suction capacity, and versatility leads to high market demand in various pumping applications. The expanding demand for PC pumps from new plant installations, unit expansions, and unit upgrades is positively impacting the Progressing cavity pumps market's growth. Moreover, the increasing investments in water & wastewater treatment plants in developing nations are likely to create lucrative growth opportunities for key players of the Progressing cavity pumps market in the coming years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of progressing cavity pumps. The growth and trends of progressing cavity pumps industry provide a holistic approach to this study.
Market Segmentation
This section of the progressing cavity pumps market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Pumping Capacity
- Up to 500 GPM
- 501–1,000 GPM
- Above 1,000 GPM
By Power Rating
- Up to 50 HP
- 51–150 HP
- Above 1,50 HP
By End-user
- Oil & Gas
- Water & Wastewater Management
- Food & Beverages
- Chemicals & Petrochemicals
- Others
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Progressing Cavity Pumps market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Progressing Cavity Pumps Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the progressing cavity pumps market include National Oilwell Varco, SEEPEX GmbH, Circor International, Vogelsang USA, Borger GmbH, SEKO S.p.A, Artemis PC Pumps Systems Ltd, Mono Pumps, Netzsch pumps, Wangen Germany,Nova Rotors Srl, Liberty Process Equipment, and Continental Ultra Pumps.This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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