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Home Press Release

Progressing Cavity Pump Market Worth $2.8 Billion in 2027

Press Room by Press Room
July 4, 2022
in Press Release
Progressing Cavity Pump Market Worth $2.8 Billion in 2027
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(EMAILWIRE.COM, July 04, 2022 ) According to the new market research report “Progressing Cavity Pump Market by Pumping Capacity (Upto 500 GPM, 501–1000 GPM, Above 1000 GPM), Power Rating (Upto 50 hp, 51–150 hp, Above 150 hp), End User (Oil & Gas, Water & Wastewater, Others), Product Type, Stage Type and Region – Forecast to 2027″, published by MarketsandMarkets™, the Progressing Cavity Pump Market is expected to grow at a CAGR of 5.3% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.8 billion in 2027. Growing developments in investments in water & wastewater treatment, oil & gas, chemicals & petrochemicals, mining is fueling the growth for progressing cavity pumps. The new technology trends in conveying high viscosity fluids and semi-solids is creating numerous opportunities for progressing cavity pump manufacturers.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=142949269

The water & wastewater treatment segment, by end-user industry, is expected to be the largest Progressing Cavity Pump Market during the forecast period

The water & wastewater segment has the largest share of the global Progressing Cavity Pump Market owing to rise in the demand in developing countries with increase in the sanitation services for achieving sustainability development goals. As these pumps work efficiently when comes to highly viscous fluids and semi-solids which is fueling the growth for progressive cavity pumps. Moreover, factors such as population growth, industrial development are increasing the demand for usage of progressive cavity pumps in wastewater treatment.

Browse in-depth TOC on “Progressing Cavity Pump Market”

136 – Tables

52 – Figures

228 – Pages

View Detailed Table of Content Here: https://www.marketsandmarkets.com/Market-Reports/progressing-cavity-pump-market-142949269.html

51–150 hp segment is expected to be the second largest market, by power rating, during the forecast period

51–150 hp progressing cavity pumps offer various advantages such as less floor space and high performance allow them to be utilized in large number of end-user industries. Also, recent developments in the design of 51–150 hp progressing cavity pumps is increasing their demand. These are more suitable in water & wastewater treatment, food & beverages, oil & gas industries.

Asia Pacific is expected to dominate the global Progressing Cavity Pump Market during the forecast period

In this report, the Progressing Cavity Pump Market has been analyzed for 5 regions, namely Asia Pacific, North America, Europe, Middle East & Africa, South America. Asia Pacific is expected to lead the market during the forecast period.

Asia Pacific region has undergone rapid developments and growth from the major economies such as China, India, Malaysia, Thailand, Vietnam, South Korea, and Japan. The region has witnessed developments in various sectors such as oil & gas, food & beverages, mining, chemical & petrochemicals in the recent years. For instance, in China, there are natural gas explorations and import activities. China new mining policies involving foreign investments in the mining industry has supported to raise the demand for progressing cavity pumps this trend has been observed in different across countries in the region which fueled the growth for Progressing Cavity Pump Market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=142949269

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Progressing Cavity Pump Market. These include including NOV (US), NETZSCH (Germany), Seepex (Germany), PCM (France), CIRCOR International (US), and Schlumberger (US). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies such as investments, expansions, product launches, sales contracts, agreements, mergers, acquisitions, collaborations, partnerships, and joint ventures to increase their respective market shares.

Browse Related Reports:

Diaphragm Pumps Market by Mechanism (Air Operated and Electrically Operated), Operation (Single Acting and Double Acting), Discharge Pressure (Up to 80 Bar, 81 to 200 Bar & above 200 Bar), End User and Region – Global Trends & Forecast to 2027

https://www.marketsandmarkets.com/Market-Reports/diaphragm-pumps-market-158812592.html

Submersible Pumps Market by Type (Electric, Hydraulic, Air-Driven), Application (Open Pit, Borewell), Operation (Single-stage, Multi-stage), Power Rating (15 HP), Sector (Industrial, Agricultural, Domestic), Region – Global Forecasts to 2025

https://www.marketsandmarkets.com/Market-Reports/submersible-pump-market-188587920.html

Oil & Gas Pumps Market by Type (Submersible, Non-submersible) Pump Type (Centrifugal, Positive Displacement (Screw, Reciprocating, Rotary and Gear, Progressive Cavity), Cryogenic), Application (Upstream, Midstream, Downstream), Region – Global

Forecast to 2025

https://www.marketsandmarkets.com/Market-Reports/oil-gas-pump-market-72491540.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: +1-888-600-6441

Email: sales@marketsandmarkets.com



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