The Global Progressive Cavity Pump (PCP) Market size is expected to grow from USD 3.26 billion in 2022 to USD 4.93 billion by 2030, at a CAGR of 5.3% during the forecast period (2023-2030).
A progressive cavity pump applies the principle of positive displacement. When handling viscous fluids at high flow rates and a high discharge pressure is required, progressive cavity pumps are usually used. Fluids from anaerobic digestion, paper recycling, and wastewater treatment facilities are commonly handled by progressive cavity pumps. Progressing cavity pumps (PCP) were employed as fluid transfer pumps in a range of manufacturing and industrial applications prior to the introduction of synthetic elastomers and adhesives.
Progressive cavity pumps are regarded as an excellent substitute for maintaining a consistent flow rate in the presence of varying fluid viscosity. Therefore, what distinguishes this type of artificial lift from others are the two essential components—downhole PC pumps and related surface drive systems.
Top Key Players Covered In Progressive Cavity Pump (PCP) Market
BORETS (UAE), SEEPEX GMBH (GERMANY), SCHLUMBERGER (U.S.), NOV (U.S.), XYLEM INC. (U.S.), CIRCOR (U.S.), WEATHERFORD (U.S.), PUMPENFABRIC WANGEN (GERMANY), ROTO PUMPS (INDIA), NORDSON (U.S.), SULZER (SWITZERLAND), CHAMPION X (U.S.), PCM GROUP (PARIS), NETZSCH TECHNOLOGIES (GERMANY), VERDER LIQUID (NETHERLANDS)
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Our study encompasses major growth determinants and drivers, along with extensive segmentation areas. Through in-depth analysis of supply and sales channels, including upstream and downstream fundamentals, we present a complete market ecosystem.
Segmentation Analysis Of Progressive Cavity Pump (PCP) Market
By Pumping Capacity (GPM)
- 0 To 500
- 500 To 1000
- Above 1000
By Power Rating (HP)
- Up To 50
- 51 To 100
- Above 100
By End User
- Oil & Gas
- Water & Wastewater
- Food & Beverages
- Chemicals & Petrochemicals
- Pulp & Paper
- And Others
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Regional Analysis Of Progressive Cavity Pump (PCP) Market
In 2020, the Asia Pacific region held a substantial market share of the worldwide market and emerged as the leading market for progressive cavity pumps. The Asia Pacific PCP market has been studied by China, Australia, India, and Japan. Among the other Asian countries taken into account in the study are Thailand, Malaysia, the Philippines, Singapore, and South Korea. According to the research study, the region's economy is still predicted to grow rapidly and to remain the most dynamic in the global economy. It is anticipated that the region, which is home to several of the world's most prosperous economies, including China, India, and Japan, will grow at a rate of 5.6% until 2022.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Target Audience of the Global Progressive Cavity Pump (PCP) Market in Market Study:
- Key Consulting Companies & Advisors
- Key manufacturers
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers
- Third-party knowledge providers
- Investment bankers
- Investors
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