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Global Positive Displacement Pumps Market Size, Share, Growth, Outlook, Analysis and Forecast 2023 – Credence Research

Tuesday, March 21, 2017 4:21
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(Before It's News)

According to a new market report published by Credence Research,
Inc., “ "http://www.credenceresearch.com/report/positive-displacement-pumps-market">Positive
Displacement Pumps Market
 
(By End-use Application
(Oil and Gas, Chemicals, Water and Wastewater, Food and Beverage,
Pharmaceutical, Power Generation, and Other End-use Applications),
By Product (Rotary Pumps((Gear Pumps, Lobe Pumps, Vane Pumps, and
Progressing Cavity/Multiple Screw Pumps)) – Growth, Share,
Opportunities, Competitive Analysis, and Forecast 2016 – 2023”,
the global positive displacement pumps market is expected to
witness steady growth, expanding at a CAGR of 5.5% during the
forecast period 2016 to 2023.

Browse the full Positive Displacement Pumps (By
End-use Application (Oil and Gas, Chemicals, Water and Wastewater,
Food and Beverage, Pharmaceutical, Power Generation, and Other
End-use Applications), By Product (Rotary Pumps((Gear Pumps, Lobe
Pumps, Vane Pumps, and Progressing Cavity/Multiple Screw Pumps))
Market – Growth, Share, Opportunities, Competitive Analysis, and
Forecast 2016 – 2023 report at  "http://www.credenceresearch.com/report/positive-displacement-pumps-market">http://www.credenceresearch.com/report/positive-displacement-pumps-market

Product Insights

A positive displacement pump is a type of industrial pump used
to displace or transfer fluid from the inlet pressure division into
the discharge tube/pipe. Unlike centrifugal pumps, positive
displacement pumps transfer fluids at the same speed irrespective
of the pressure. Although centrifugal pumps are the dominant
variants, the popularity of positive displacement pumps is on an
upsurge. This has mainly to do with their high viscosity
performance, compact design, ability to manage high differential
pressure, and allow continual flow despite differential pressure.
Regulated demand from the oil and gas sector coupled with growing
demand for energy efficient pumps is expected to drive demand for
positive displacement pumps during the forecast period 2016 –
2023.

Competitive Insights

The global market for positive displacement pumps is
comparatively more competitive than centrifugal pumps. Some of the
prominent manufacturers involved in the global positive
displacement pumps include Flowserve Corporation, Grundfos Holding,
KSB Pumps Ltd., Suzler Ltd., and ITT Goulds Pumps. Inorganic
expansion through strategic partnerships and acquisitions remains
the cut-throat strategy for pump manufacturers across different
geographies. While expansion through partnerships has allowed
leading manufacturers to strengthen their product portfolio and
geographic presence, small and medium-sized manufacturers have been
benefitted from leveraging resources and distribution network of
established players. In view of future prospect demand,
manufacturers are increasingly setting up manufacturing facilities
and distribution hubs in Asia Pacific and Latin America. In
addition, focus on developing innovative and energy efficient
positive displacement pumps bodes well for sustaining market
position. The manufacturers are striving to offer complete turn-key
solutions and after sales support services. Other manufacturers
including Baker Hughes Incorporated, Ebara Corporation, Verder
Group, Schlumberger Ltd, Pentair LLC, Del PD Pumps & Gears
Ltd., HERMETIC-Pumpen GmbH, IDEX Corporation, Coalfax Corporation,
and Weir Group have been marked as the promising and emerging
players in the research study.

Request Free Sample :  "http://www.credenceresearch.com/sample-request/58069">http://www.credenceresearch.com/sample-request/58069

Geography and End-use Insights

Asia Pacific represents the largest and most lucrative positive
displacement pumps market led by the growing demand from China and
India. Growing industrialization, infrastructural development, and
substantial investments in utility projects such as wastewater
treatment and recycling is expected to propel demand for positive
displacement pumps in the region. All these factors are expected to
create multitude of business opportunities for pump manufacturers
in the coming years. In terms of end-use, the oil and gas segment
led the global positive displacement pump market. However, with
steady decline in the oil prices and slowing exploration activities
in the sale gas sector, demand for positive displacement pumps in
this segment has slowed down considerably.

Latest Report:

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Website:  "http://www.credenceresearch.com/">http://www.credenceresearch.com

 

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