United States Positive Displacement Pumps Market Growth 2024, Industry Trends, and Analysis Report By 2032
The latest report by IMARC Group, titled “United States Positive Displacement Pumps Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,“ offers a comprehensive analysis of the industry, which comprises insights into the positive displacement pumps market growth in United States. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The United States positive displacement pumps market size reached US$ 2,611.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 4,183.0 Million by 2032, exhibiting a growth rate (CAGR) of 5.2% during 2024-2032.
United States Positive Displacement Pumps Market Overview:
The market in the United States positive displacement pumps market is primarily driven by the increasing demand from industries such as oil and gas, water treatment, and chemicals. In line with this, the growing need for pumps that can handle highly viscous fluids is also providing an impetus to the market. Moreover, the expansion of water treatment infrastructure to meet the stringent environmental regulations is also acting as a significant growth-inducing factor for the market.
In addition to this, the rising focus on maintenance and repair operations in aging industrial facilities is resulting in a higher investment in durable and efficient pumping solutions. The market is further driven by the implementation of favorable government initiatives to promote water conservation. Apart from this, easy availability of a wide range of pump designs to suit different industrial needs is propelling the market.
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United States Positive Displacement Pumps Market Trends:
The scope of the United States positive displacement pumps market is expanding as manufacturers continue to innovate in response to the diverse requirements of various end-use industries, which is crucial in sectors such as pharmaceuticals and food processing. This breadth of applications is indicative of the market's versatility, as per the market analysis, which supports its growth trajectory. The increasing implementation of stringent environmental and safety standards in industries is leading to the adoption of reliable and safe pumping solutions, broadening the market scope.
Additionally, the trend toward more energy-efficient and low-maintenance pumping systems is expected to shape the future market landscape. The focus on sustainable practices within industries is also driving the development of pumps that can reduce operational costs and energy consumption, enhancing the market's prospects. Furthermore, the rise in oil and gas exploration activities necessitates robust pumping systems, underlining the market scope expansion.
United States Positive Displacement Pumps Market Segmentation:
Breakup by Product Type:
- Rotary Pumps
- Vane
- Screw
- Lobe
- Gear
- Progressing Cavity (PC)
- Others
- Reciprocating Pumps
- Piston
- Diaphragm
- Plunger
- Others
- Peristaltic
- Others
Breakup by Capacity:
- Low Capacity Pumps
- Medium Capacity Pumps
- High Capacity Pumps
Breakup by Pump Characteristics:
- Standard Pumps
- Engineered Pumps
- Special Purpose Pumps
Breakup by Raw Material:
- Bronze
- Cast Iron
- Polycarbonate
- Stainless Steel
- Others
Breakup by End Use Industry:
- Oil and Gas
- Water and Wastewater
- Automotive
- Chemicals and Petrochemicals
- Others
Breakup by Region:
- Northeast
- Midwest
- South
- West
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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