What is the global market size of Positive Displacement Pumps (PDP) Market?

Positive Displacement Pumps (PDP) Market size was valued at USD 12.67 billion in 2021 and is poised to grow from USD 13.22 billion in 2022 to USD 21 billion by 2030, growing at a CAGR of 4.3% in the forecast period (2023-2030).

Positive Displacement Pumps (PDP) Market Size

Positive Displacement Pumps (PDP) Market Insights

Global Positive Displacement Pumps (PDP) Market size was valued at USD 16.4 billion in 2023 and is poised to grow from USD 17.15 billion in 2024 to USD 24.58 billion by 2032, growing at a CAGR of 4.6% during the forecast period (2025-2032).

Positive displacement pumps are frequently employed in a wide range of applications across numerous industry sectors. The fluids that are clogged up in the discharge pipe are largely released using them. High pressure and density make them work by moving the fluid inside the discharge pipe. The product's excellent qualities, particularly its operational efficacies, are responsible for its rising popularity. Hydrocarbon extraction uses positive displacement pumps (PDP). The companies competing in the market will benefit from the increase in popularity of hydrocarbons and the significant efforts made to maximize production and extraction of hydrocarbons. In the coming years, the market will expand as a whole thanks to the incorporation of cutting-edge technologies and current concepts into these products.

The global PDP market is projected to expand as a result of quick investments in various hydrocarbon assets to carry out exploration and production (E&P) activities. Additionally, the industry environment is expected to change for the better as a result of the growing number of new chemical processing plants and the developing steps to treat wastewater to remove toxic effluents. Another kind of pump that is employed to move a predetermined volume of fluid into the discharge zone is the positive displacement pump. For efficient integration in diverse industrial processes, these units produce a very high discharge pressure while operating with a high power density.

US Positive Displacement Pumps (PDP) Market is poised to grow at a sustainable CAGR for the next forecast year.

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In order to strengthen the market positions globally, various companies in the market for positive displacement pumps are increasingly taking part in organic and inorganic advancements. In order to broaden the usability of their products across a wider range of industrial verticals, the companies are also broadening their product portfolios by developing high power and more efficient pump units. For instance, the Novados double-acting, double-diaphragm (DADD) pumps were manufactured by the Bran+Luebbe brand under SPX Flow, its parent company, for use in chemical injection processes. The new equipment will handle hazardous chemicals precisely and safely for offshore oil and gas installations while also being lower in weight and having a compact design. 'Flowserve Corporation (US) ', 'Weir Group PLC (Scotland) ', 'Sulzer Ltd. (Switzerland) ', 'Alfa Laval AB (Sweden) ', 'Grundfos Holding A/S (Denmark) ', 'Xylem Inc. (US) ', 'Dover Corporation (US) ', 'Atlas Copco AB (Sweden) ', 'Pentair plc (UK) ', 'Tsurumi Manufacturing Co., Ltd. (Japan) ', 'IDEX Corporation (US) ', 'ITT Inc. (US) ', 'KSB SE & Co. KGaA (Germany) ', 'NETZSCH Group (Germany) ', 'Seepex GmbH (Germany) ', 'Verder Group (Netherlands) ', 'Wilden Pump & Engineering, LLC (US) (part of PSG) ', 'LEWA GmbH (Germany) '

Rising energy demand and quickly expanding mining operations are expected to increase product demand.

To reduce the risk of component failure, several industry participants are eagerly focusing more on offering end-to-end pump monitoring. Sensors, Wi-Fi, data analytics, modern variable frequency drives, and the Industrial Internet of Things (IoT) are installed to give low-cost solutions for monitoring temperature, vibration, flow rate, and fluid movement. Additionally, these cutting-edge solutions greatly facilitate predictive analysis, accurately assess the equipment's life cycle and performance indicators, and protect the facility from unscheduled downtime.

Asia Pacific held the largest Global Positive Displacement Pumps (PDP) market share. The regional industry environment is projected to advance as hydrocarbon production increases to meet the world's rising energy demand. India, China, Australia, Japan, and other Southeast Asian nations are major participants in the region.