Plunger Pumps Market Size shall reach a value of $3.21 Billion in 2027, growing with a CAGR of 10.1% during the forecast period of 2020 to 2027.
Market Definition / Research Scope
A plunger pump is a type of pump designed to generate high pressures and move fluids. They’re largely known for having the capability and capacity to create high pressure. However, they produce pressure vibrations due to the interchanging plunger. Seals are an important part of plunger pumps. It is used to separate the power fluid from the medium that is being pumped. In a plunger pump, the high-pressure seal is static and a steady cylindrical plunger slips through the seal.
The plunger pump has many similar features with other reciprocating pumps such as piston pumps and diaphragm pumps. They are used in many similar applications, for instance, in the chemical industry and cleaning applications. They can be used as valid high-pressure pumps in different industrial applications.
Plunger pumps are majorly utilized in those industries where there is very high pressure on the liquid. This standard makes plunger pumps completely different from piston pumps. Plunger pumps are used to disseminate municipal and industrial sewage.
Plunger Pumps Market Growth and Trends
Driving factors for the industry :
• The plunger pumps market will experience a huge expansion in terms of growth owing to its varied application in sectors of Water treatment, construction, power generation.
• Industrial pumps ae expected to accelerate and grow steadily due to increase infra structural transformation across the developing countries all over the world, leading to greater demand of the product. Additionally these industrial pump also have high applicational demand in chemical industry, water and transformational of various fluid.
• Africa, Asia and Latin America regions in expected to hold a significant market share and drive the growth and demand of the plunger pump market due to high necessity and awareness regarding sanitation, waste water treatment and disposal, increasing the demand of these pumps in these application.
• Rapid growth in the global economy and living standards of consumer, opting for urban infrastructural development, has let to an increase demands for these industrial pump in these regions.
• New awareness and regulations about clean fuel technologies and green energies by the govt of different countries is further expected to push the over all industrial pumps market growth.
• North America, and Asia-Pacific region is expected to expand significantly in the near future owing to rising investments in water treatment and power generator industries and also by the end-sector consumers is anticipated to drive the pumps market further.
Challenges for the industry:
• Oil prices are collapsing recently and is drastically affecting the pump industry due to a degradation in pump project and application.
• Depletion of companies and slow wage structure has let to a shortage in association by skilled and well trained technical personnel, has let to decrease the growth of the over all industrial pumps market.
• Lack of proper knowledge about the different parts and features of the plunger pumps market among the staff and consumers are further expected to hamper the pumps market growth in the upcoming years.
• Lofty intensity of competition, and intensive technological advancement is acting as a threat to the plunger pumps market, thereby reducing the demand of the market due to presence of better alternative.
Plunger Pumps Market Regional Analysis
Plunger Pumps Market Share and Competition
Key companies operating in this industry are: FMC Technologies, Grundfos Holding A/S, Parker Hannifin Corp, Flowserve Corporation, ProMinent GmbH, Eaton, Gardner Denver, Inc., Kawasaki Heavy Industries, Ltd., Atlas Copco, Graco Inc., Ingersoll Rand, Jiangsu Hengyuan Hydraulic Co., Ltd, JinhuFuda, Shenzhen DeyuxinTechnology Co., Ltd., and Tianjin Haisheng Pump Manufacturing Co., Ltd. Similar industries in this domain that is growing at a high CAGR include Coolant Pumps Market and Hydraulic Hand Pump Market.
Plunger Pumps Market Research Report Analysis Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2020 – 2027)
• Data breakdown for every market segment (2020 – 2027)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy
Industry Segmentation and Revenue Breakdown
Material Type Analysis (Revenue, USD Million, 2020 - 2027)
• Bronze
• Brass
• Steel
• Stainless Steel
• Iron
• Nickel Alloy
• Others
Product Type Analysis (Revenue, USD Million, 2020 - 2027)
• Pneumatic
• Hydraulic
• Electric Drive
Application Analysis (Revenue, USD Million, 2020 - 2027)
• Water Treatment
• Marine Applications
• Oil and Gas
• Pulp and Paper
• Agriculture
• Hydrocarbon Refinement
• Chemical Injection
• Commercial Cleaning
• Government and Military
• Seawater Desalination
• Other
Region Analysis (Revenue, USD Million, 2020 - 2027)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World
Plunger Pumps Market Companies
• FMC Technologies
• Grundfos Holding A/S
• Parker Hannifin Corp
• Flowserve Corporation
• ProMinent GmbH
• Eaton
• Gardner Denver, Inc.
• Kawasaki Heavy Industries, Ltd.
• Atlas Copco
• Graco Inc.
• Ingersoll Rand
• Jiangsu Hengyuan Hydraulic Co., Ltd
• JinhuFuda
• Shenzhen DeyuxinTechnology Co., Ltd.
• Tianjin Haisheng Pump Manufacturing Co., Ltd.
Available Versions: -
United States Plunger Pumps Market Research Report
Europe Plunger Pumps Market Research Report
Asia Pacific Plunger Pumps Market Research Report
India Plunger Pumps Market Research Report
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