Rotary Pump Market

Rotary Pump Market - An Overview

The global rotary pump market is expected to witness strong growth during the forecast period between 2021 and 2031.

Rotary pumps are self-priming products that remove a fixed amount of fluid, with every revolution. The clearances between the static components and the kinetic components of any rotary pump is small and this helps reduce the leakage from the discharge parts of the product.

Rotary pumps have shown the capability to handle large pressures and viscosity and help in the smooth flow of fluids, despite complicated designs and pressure differences.

Some of the application areas that have deployed rotary pumps include oil and gas, wastewater treatment, and power generation.

The outbreak of the COVID-19 pandemic negatively impacted the rotary pumps demand owing to the shutting down of different industries because of strict government regulation and lockdowns, to contain the spread of the virus.

Rotary Pump Market - Trends and Opportunities

Rapid growth and expansion in the wastewater management and water recycling industries is the key growth driver for the global rotary pump market.

Rising investments in the growth and development of different wastewater treatment plants could lead to increased product demand which, in turn, could contribute to the growth of the global rotary pump market, in the years ahead.

Rotary pumps have shown the capability to transfer hazardous chemicals without damaging the environment and this aspect could play a key role in increasing product demand and bolstering the overall rotary pump market, in the coming years.

Also, growth in the non-oil sector in leading economies worldwide is anticipated to fuel the growth in the overall rotary pump market, in future.

Other factors such as rapid industrialization, especially in developing economies worldwide could contribute to the growth of the rotary pump market in the coming years.

Offline distribution channel is expected to make the largest contribution to the overall rotary pump market in future because of manufacturers wanting to physically examine these products to examine the features before purchasing them.

Rotary Pump Market - Competitive Landscape

The global rotary pump market is extremely competitive, with the presence of several well-established players, many of whom have become successful owing to years of delivering consistent results.

Many of the leading players are expected to account for a large share in the global rotary pump market, in the coming years.

Prominent rotary pump market players could launch new products in a bid to gain a competitive edge over the other players.

Collaborations with smaller players could help well-established rotary pump market players expand their market presence and increase their revenue shares.

In 2019, The Bush Group signed a collaborative agreement with Pfeiffer with the objective to strengthen its position in the global vacuum technology market.

Research and development activities to produce improved quality of products could be a key growth strategy for prominent rotary pump market players, in the years ahead.

Some of the leading players in the global rotary pump market include The Bush Group, Dover Corporation, Xylem Inc., Flow Technology System AB, IDEX Corporation, and Atlas Copco AB.

Rotary Pump Market - Regional Assessment

The global rotary pump market is classified into four regions, namely, North America, Asia Pacific, Europe, and rest of the world.

Asia Pacific is expected to be the dominant region in the global rotary pump market owing to increased product demand in various industries such as power, mining, chemical, and wastewater.

North America is anticipated to offer lucrative growth opportunities for the global rotary pump market because of the presence of several leading market players in countries such as US and Canada, contributing to market growth in the region.

Europe is expected to witness strong growth in future because of extensive R&D activities to produce improved products in countries such as Germany and UK.

The rest of the world is expected to witness moderate growth in the overall rotary pump market, in the coming years.