Market Size of APAC Positive Displacement Pumps Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.67 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
APAC Positive Displacement Pumps Market Analysis
The Asia-Pacific positive displacement pump market is expected to grow at a CAGR of 3.67% during the forecast period, 2022-2027. The rising demand for high-energy efficiency pumps and the growing focus on wastewater management systems is expected to drive the market over the study period.
- A positive displacement pump moves a fluid by repeatedly enclosing a fixed volume with the aid of seals or valves and moving it mechanically through the system. The pump intakes a fixed amount of liquid from the intake pipe and transfers it to a discharge pipe at high pressure.
- Governments in the Asia-Pacific region have introduced stringent policies and regulations regarding wastewater treatment in the municipal and industrial sectors. Operators must deploy water treatment units in their facilities to overcome water scarcity challenges. Therefore, wastewater treatment is expected to create ample opportunities for the positive displacement pumps market in the future.
- China is expected to hold a significant market share in the Asia-Pacific region due to its expanding end-user industry and position as the world's largest automotive industry. Additionally, China's power generation market is increasing at a significant pace to meet the demand of the increasing population.
- Further, India is planning to derive 40% of its energy from renewable sources by 2030, which is at 15% currently. To achieve these energy manufacturing goals, manufacturers, with the government's help, are making significant investments in the industry, which is anticipated to propel market growth over the forecast period.
- The COVID-19 pandemic has considerably impacted the oil and gas and power generation activities worldwide. This further resulted in delays in project construction activities and supply chain disruptions. As a result, the demand for positive displacement pumps was also impacted. However, the economies returning to normalcy and all industries moving back to their full operations increased the demand for these pumps in the market.
APAC Positive Displacement Pumps Industry Segmentation
The market study analyses the market trends and opportunities for different types of positive displacement pumps, such as Diaphragm, Piston, Gear, Lobe, Progressive Cavity, Screw, Vane, and Peristaltic others that are used in the various end-user industry application. These pumps find applications in process, and manufacturing industries, among others. Further, the study analyzes the impact of COVID-19 on the market players and its stakeholders across the supply chain.
By Type | |
Diaphragm | |
Piston | |
Gear | |
Lobe | |
Progressive Cavity | |
Screw | |
Vane | |
Peristaltic |
By End-user Industry | |
Oil & Gas | |
Chemicals | |
Food & Beverage | |
Waste & Wastewater | |
Pharmaceutical | |
Power | |
Other End-user Industries |
By Country | |
China | |
Japan | |
India | |
South Korea | |
Rest of Asia Pacific |
APAC Positive Displacement Pumps Market Size Summary
The Asia-Pacific positive displacement pumps market is poised for growth, driven by increasing demand for energy-efficient solutions and a heightened focus on wastewater management systems. These pumps, which operate by mechanically moving a fixed volume of fluid through seals or valves, are becoming essential as governments in the region implement stringent regulations for wastewater treatment in both municipal and industrial sectors. This regulatory environment is creating significant opportunities for market expansion, particularly in countries like China and India, where industrial growth and renewable energy initiatives are on the rise. The market is also recovering from the disruptions caused by the COVID-19 pandemic, with demand rebounding as economies return to normalcy.
China is expected to dominate the market due to its robust automotive and power generation industries, alongside substantial investments in wastewater treatment infrastructure. The country's commitment to enhancing treated effluent quality and expanding its wastewater collection systems underscores its strategic focus on sustainable water management. Meanwhile, India's ambitious renewable energy targets are driving investments in the sector, further propelling market growth. The competitive landscape is marked by strategic acquisitions and product innovations, with key players like Ingersoll Rand and NETZSCH Pumps expanding their portfolios to capture new market segments. This dynamic environment is fostering technological advancements and increasing market presence among leading companies.
APAC Positive Displacement Pumps Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porters Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Buyers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitutes
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1.2.5 Intensity of Competitive Rivalry
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1.3 Industry Value Chain Analysis
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1.4 Assessment of Impact of COVID-19 on the Market
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2. MARKET SEGMENTATION
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2.1 By Type
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2.1.1 Diaphragm
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2.1.2 Piston
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2.1.3 Gear
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2.1.4 Lobe
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2.1.5 Progressive Cavity
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2.1.6 Screw
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2.1.7 Vane
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2.1.8 Peristaltic
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2.2 By End-user Industry
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2.2.1 Oil & Gas
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2.2.2 Chemicals
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2.2.3 Food & Beverage
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2.2.4 Waste & Wastewater
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2.2.5 Pharmaceutical
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2.2.6 Power
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2.2.7 Other End-user Industries
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2.3 By Country
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2.3.1 China
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2.3.2 Japan
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2.3.3 India
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2.3.4 South Korea
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2.3.5 Rest of Asia Pacific
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APAC Positive Displacement Pumps Market Size FAQs
What is the current APAC Positive Displacement Pumps Market size?
The APAC Positive Displacement Pumps Market is projected to register a CAGR of 3.67% during the forecast period (2024-2029)
Who are the key players in APAC Positive Displacement Pumps Market?
Atlas Copco, The Weir Group PLC, KSB SE & Co. KGaA, NETZSCH Holding and Pentair PLC are the major companies operating in the APAC Positive Displacement Pumps Market.