The report of Global Positive Displacement (PD) Pumps Market by Product (Rotary Pumps, Reciprocating Pumps, Peristaltic, Others), Applications (Oil and Gas, Water and Wastewater , Automotive, Chemicals and Petrochemicals, Others), and Region (North America, Europe, Middle East & Africa, South America, Asia Pacific) is expected to reach US$ XX Mn. by 2027, at a CAGR of 7.12 % during a forecast period.
The growth of the market for positive displacement (PD) pumps is attributed to the major driving factors such as rising number of manufacturing plants, technological innovations and growing demand for positive displacement pumps from water & wastewater industry. On the other hand, the high cost of PD pumps is expected to hinder the growth of the global market for positive displacement pumps during the forecast period.
Oil and Gas segment held the largest market share in 2019 and is projected to grow at the highest CAGR of XX % to reach US$ XX Mn by 2027.
Oil and Gas segment is expected to continue to hold the largest XX% share in the positive displacement (PD) pumps market thanks to the growing schemes in the field of oil & gas in developing economies. The Oil & Gas segment is followed by water and wastewater segment that is expected to grow faster owing to the high use of water pumps.
APAC region is expected to account for the largest XX.56% Positive Displacement (PD) Pumps market share by 2027.
APAC is expected to continue to hold the largest XX% share in the Positive Displacement (PD) Pumps market. The rising number of manufacturing plants, due to growing public and private investments in the region, coupled with the growing presence of global and domestic players are another major factors likely to drive the growth of the market in the APAC over 2020-2027.
Key players operating in the Global Positive Displacement (PD) Pumps Market are Alfa Laval ABBaker Hughes Co., Bosch Rexroth AG, Flowserve Corp., Grundfos Holding AS, ITT Inc., SPX FLOW Inc., Sulzer Ltd., The Weir Group Plc, Xylem Inc., KSB SE & Co. KGaA, Schlumberger, Colfax Corporation (CIRCOR), HERMETIC-Pumpen, Others
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Positive Displacement (PD) Pumps Market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Positive Displacement (PD) Pumps Market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Positive Displacement (PD) Pumps Market positioning of competitors.
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