Liquids such as oil and other viscous fluids are pumped using rotary pumps. Fuel oils, lubricant oils, and a wide range of liquids are all managed with them. To decrease leakage from the discharge side to the suction side, these pumps have tiny clearances between stationary and spinning sections. To maintain these clearances, it is designed to operate at relatively low speeds. Increasing the speed of these pumps can result in excessive wear and erosion, which can result in increased clearances and a reduction in pumping capacity.
MARKET SCOPE
The "Global Rotary pumps Market Analysis to 2028" is a specialized and in-depth study of the rotary pumps Market with a special focus on the global market trend analysis. The report aims to provide an overview of rotary pumps market with detailed market segmentation by type and end-user. The global rotary pumps market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading rotary pumps market player and offers key trends and opportunities in the rotary pumps market.
MARKET SEGMENTATION
- Based on type the market is segmented as, vane, screw, lobe, gear and others.
- Further, based on end-user the market is segmented as, oil and gas, power generation, chemical petrochemical, food and beverage, mining, water and wastewater, pharmaceutical, others.
MARKET DYNAMICS
Drivers
- Higher rate of utilization in industries such as, oil and gas, power generation, food and beverage, water and wastewater and pharmaceutical.
- The rotary pump market is growing due to rapid infrastructure development and rising industrialization.
- Expansion of the wastewater management and water recycling industries, as well as an increase in non-oil sector investment is also expected to boost market growth.
- Technological advancements in pump systems.
Restraints
- The rotary pump market is restrained by growing demand for the centrifugal pumps and higher cost of rotary pumps.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global rotary pumps market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The rotary pumps market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting rotary pumps Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the rotary pumps market in these regions.
IMPACT OF COVID-19 ON ROTARY PUMPS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The reports cover key developments in the rotary pumps market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from rotary pumps market are anticipated to lucrative growth opportunities in the future with the rising demand for rotary pumps market. Below mentioned is the list of few companies engaged in the rotary pumps market.
The report also includes the profiles of key rotary pumps market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Atlas Copco
- W?rtsil?
- Gardner Denver
- Gorman-Rupp Company
- VAC AERO
- IDEX Corporation
- ITT Inc.
- KSB SE and Co. KGaA
- Pfeiffer Vacuum GmbH
- Xylem
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.