Positive Displacement Pumps Market: Business Opportunities, Current Trends, Market Forecast and Industry Analysis by 2023

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Global Positive Displacement Pumps Market Report assists the Industry experts, analysts and business decision makers to isolate the current market scenario, opportunities, upcoming market trends and pricing analysis. The Positive Displacement Pumps Market report provides crucial information about the market, including Opinions from Industry experts, and the recent progressions and developments of the Positive Displacement Pumps industry.

The Positive Displacement Pumps market report gives Analysis of incomes, limits and benefits of Key Manufacturers including the market holdings, offers of units, income dispersion, and the measures that have been taken to overcome the issues faced.

Positive Displacement Pumps Market
The global positive displacement pumps market has witnessed some volatility in its demand in the past few years mainly due to the downturn in the oil & gas industry. However, the industry has started to recover In 2017 with an increase in spending and outlook is expected to be positive on account of increasing crude oil price and an increase in activity, especially in North America. The increasing demand from other industries such as refining, chemical, pharmaceutical, and wastewater treatment has reduced the level of shock from oil & gas industry. Asia-Pacific is expected to be one of the largest markets due to its increasing population and industrialization in countries such as India and China, resulting in increasing demand for crude oil, chemicals, and pharmaceutical. The region accounted for around 35.2% of the global crude oil consumption, and it is growing at approximately 2.9% annually in the past few years.

Wastewater Treatment Driving the Positive Displacement Pumps Market
Neglecting wastewater in the past has resulted in detrimental impacts on the sustainability of water supplies, human health, economy, and environment. With increasing environmental awareness, spiraling costs and shrinking resources, an increasing number of water-dependent industries are deploying water treatment systems to improve reliability, enhance profitability and sustainability of their operation. Wastewater treatment facilities require pump stations to achieve a stable, and secured flow to the wastewater treatment plants. On an average, high-income countries treat about 70% of the industrial and municipal wastewater it generate. That ratio drops to 38% in upper middle-income countries and to about 28% in lower middle-income countries. The benefits to society of managing human waste are significant, for public health and environment. For every USD 1 spent on sanitation the estimated return to society is USD 5.5. As a result, the governments across the world have introduced strict policies and regulations regarding wastewater treatment for both municipal and industrial sector. The operators are needed to deploy water treatment units in its facilities as an alternative to overcome water scarcity challenges and hence driving the market.

Reciprocating to Account for a Largest Share
It has served a wide range of industrial services including high-pressure water blasting, seawater reverse osmosis, cleaning and cutting, mine dewatering, metal descale, hydraulic charge, hydrostatic test, chemical processing and pressure mixing. It is also used in oilfields both onshore and offshore to satisfy a wide range of pumping services including methanol injection, high-pressure seawater injection, and disposal, blowout preventer charge pumps, subsea hydraulic systems, gas processing systems for dehydration and gas sweetening. Today’s complex refining process involves extreme temperature, high-pressure and the ability to handle volatile fluids have resulted in a demand for specialized pumps. As a result, the manufacturers have invested significantly in the past few years to offer specialized reciprocating pumps to the industry. This has resulted in a significant increase in competition among top players.

China is one of the Largest Positive Displacement Pumps Market
The positive displacement market has witnessed significant growth in China on the back of rapid industrialization and economic growth in the past. A large number of high-tech pumps used in the country are either imported or produced by joint ventures between Japanese/Western companies and the Chinese company. In the last two to three years the Chinese government has taken some strict steps for environmental protection and introduced strict rules for the industrial sector such as pushing industries for new investments or upgrade in-factory and centralized wastewater treatment facilities. Under the 13th Five-Year-Plan (2016-2020) the government planned to invest RMB 559 billion on water treatment industry. This has created new opportunity for the pump manufacturers and suppliers in the country.

Positive Displacement Pumps Market Major players
Flowserve Corp
Grundfos A/S
Sulzer AG
Pentair plc.
Ampco Pumps Company
Xylem Inc
SPX Flow Inc
ITT Inc.

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Top Positive Displacement Pumps Manufacturers Covered in this report:

  • Flowserve Corp -Grundfos A/S -Sulzer AG -KSB SE & Co. KGaA -LEWA GmbH -Pentair plc. -Ampco Pumps Company -Xylem Inc -SPX Flow Inc -ITT Inc.

Significance of Positive Displacement Pumps Market report:

  1. Know more about Positive Displacement Pumps industry plans that are now being comprised by major manufacturers in the market.
  2. The assessed growth rate of Positive Displacement Pumps by size & share on the forecast period 2018-2023.
  3. The unique aspects anticipated to induce Positive Displacement Pumps market for its forecasted period of 2023.
  4. To understand the Positive Displacement Pumps industry scenario and its prospects.
  5. Strategies of leading Positive Displacement Pumps Industry players for evolving the plans for success in today’s competitive market.

Reasons to Purchase Positive Displacement Pumps Market ReportCurrent and future positive displacement pumps market outlook in the developed and emerging marketsAnalyzing various perspectives of the market with the help of Porter’s five forces analysisThe segment that is expected to dominate the marketRegions that are expected to witness fastest growth during the forecast periodIdentify the latest developments, and strategies employed by the major market players.3 months analyst support along with the Market Estimate sheet (in excel).

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In the end the Positive Displacement Pumps Market report presents all the necessary data required to form resulting yielding business strategies for Industry experts, analysts and business decision makers to decide their business strategies and achieve proposed business aims.