The rotary pump market is expected to show a CAGR of more than 4.0% during the forecast period 2020-2026. Modest growth in the oil & gas sector, power generation, chemical, and pharmaceuticals are some of the major factors augmenting the market during the forecast period. Moreover, significant growth in the food & beverage segment, and water & wastewater treatment segment will be witnessed during the forecast period which will drive the overall market growth in the near future. In addition, the rising adoption of new technologies in agriculture to improve productivity, increasing process manufacturing, and rising smart manufacturing is will also drive the market.
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However, a downfall is expected in revenue due to the COVID-19 pandemic which is a major restraint for the market. Oil & gas and power demands have plummeted all across the globe due to COVID-19 and lockdowns which will affect the growth of the market for a couple of years.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Rotary Pump Market- Segmentation
By Type
- Gear Pump
- Vane Pump
- Screw Pump
- Lobe Pump
By Application
- Oil & Gas
- Power Generation
- Chemical & Pharmaceuticals
- Food and Beverage
- Water & Wastewater
- Other
Global Rotary Pump Market– Segment by Region
North America
- US
- Rest of North America
Europe
- UK
- France
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- The Middle East and Africa
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Rotary Pump market.
- Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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