The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
The latest report by IMARC, titled “ ProgressingCavityPumpMarket:GlobalIndustryTrends,Share,Size,Growth,OpportunityandForec ast2023-2028
” finds that the global progressing cavity pump market size reached US$ 5.2 Billion in 2022.
A progressing cavity pump (PCP) is a self-driven, single-lobe, positive displacement pump. It displaces fluid through a sequence of small, discrete cavities formed by turning a helical rotor within a stator. It can handle gas, sand, water, and oil, transfer shear-sensitive materials without damage, and can be customized to produce liquids of varying temperatures and pressures.
In addition, it is efficient, versatile, easy to install, reduces cost, minimizes energy consumption, offers accurate metering of viscous liquids and resistance against wear caused by abrasive fluids, and provides flow pulsation. As a result, PCP is widely adopted in paper and pulp, petrochemical, mining, water and wastewater management, oil and gas, food and beverage (F&B), and chemicals industries.
Request Free Sample Report:
https://www.imarcgroup.com/progressing-cavity-pump-market/requestsample
The market is primarily driven by the rising demand for PCPs in various industrial verticals such as mining, water and wastewater management, and oil and gas. In addition, the increasing use of PCPs for transferring raw materials with varying viscosity, abrasiveness, and materials with high solid content is contributing to the market growth. Moreover, the increasing investments in water and wastewater treatment infrastructure to install wastewater treatment plants, meet the escalating demand for freshwater resources, minimize life cycle costs, and enhance operating margins represent major growth-inducing factors.
Besides this, various technological advancements and the integration of the internet of things (IoT) and cutting-edge and three-dimensional (3D) printing in pump design, replacement, and repair are providing a positive thrust to the market growth. Along with this, the growing environmental awareness and implementation of government policies to curb pollution are creating a favorable market outlook across the globe. Looking forward, IMARC Group expects the market value to reach US$ 6.7 Billion by 2028, exhibiting a CAGR of 4.14% during the forecast period (2023-2028).
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
MarketSummary:
BreakupbyPumpingCapacity:
• Up to 500 GPM
• 501–1,000 GPM
• Above 1,000 GPM
BreakupbyPowerRating:
• Up to 50 HP
• 51–150 HP
• Above 1,50 HP
BreakupbyEndUser:
• Water and Wastewater Management
• Oil and Gas
• Food and Beverages
• Chemicals and Petrochemicals
• Others
BreakupbyRegion:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Middle East and Africa
CompetitiveLandscapewithKeyPlayers:
• ChampionX
• Circor International Inc.
• Continental Pump Company Inc.
• Erich NETZSCH GmbH & Co. Holding KG
• Liberty Process Equipment Inc.
• Nov Inc.
• Nova Rotors Srl
• PCM Inc. (Insight Enterprises Inc.)
• Pumpenfabrik Wangen GmbH
• Schlumberger Limited
• Vogelsang GmbH & Co. KG
• Weatherford International LLC
• Xylem Inc.
ViewFullReportwithTOC&ListofFigure:
https://www.imarcgroup.com/progressing-cavity-pump-market
We are the trusted business partners to the world's leading corporates, governments, and institutions
We are the trusted business partners to the world's leading corporates, governments, and institutions
© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
