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[228 Pages Report] The global progressing cavity pump market is projected to reach USD 2.8 billion by 2027 from an estimated USD 2.2 billion in 2022, at a CAGR of 5.3% during the forecast period. The growth of the progressive cavity pump market can be attributed to the increasing deployment in the water & wastewater treatment plants, especially in developing countries. The increasing investments in the oil & gas explorations is also fueling demand for progressive cavity pumps. <br>
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Progressing Cavity Pump Market by Pumping Capacity (Upto 500 GPM, 501–1000 GPM, Above 1000 GPM), Power Rating (Upto 50 hp, 51–150 hp, Above 150 hp), End User (Oil & Gas, Water & Wastewater, Others), Product Type, Stage Type and Region - Forecast to 2027 www.MarketsandMarkets.com
The progressing cavity pump market is expected to grow at a CAGR of 5.3% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.8 billion in 2027. Growing developments in investments in water & wastewater treatment, oil & gas, chemicals & petrochemicals, mining is fueling the growth for progressing cavity pumps. The new technology trends in conveying high viscosity fluids and semi-solids is creating numerous opportunities for progressing cavity pump manufacturers. View detailed Table of Content here –https://www.marketsandmarkets.com/Market-Reports/progressing-cavity-pump-market-142949269.html
The water & wastewater treatment segment, by end-user industry, is expected to be the largest progressing cavity pump market during the forecast period The water & wastewater segment has the largest share of the global progressing cavity pump market owing to rise in the demand in developing countries with increase in the sanitation services for achieving sustainability development goals. As these pumps work efficiently when comes to highly viscous fluids and semi-solids which is fueling the growth for progressive cavity pumps. Moreover factors such as population growth, industrial development are increasing the demand for usage of progressive cavity pumps in wastewater treatment. Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=142949269
51–150 hpsegment is expected to be the second largest market, by power rating, during the forecast period 51–150 hp progressing cavity pumps offer various advantages such as less floor space and high performance allow them to be utilized in large number of end-user industries. Also recent developments in the design of 51–150 hp progressing cavity pumps is increasing their demand. These are more suitable in water & wastewater treatment, food & beverages, oil & gas industries.
Browse >> 136 market data tables 52 figures 228 pagesand in-depth TOC on “Progressing Cavity Pump Market- Global Forecast to 2027” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $4950 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.
Asia Pacific is expected to dominate the global progressing cavity pump market during the forecast period Asia Pacific region has undergone rapid developments and growth from the major economies such as China, India, Malaysia, Thailand, Vietnam, South Korea, and Japan. The region has witnessed developments in various sectors such as oil & gas, food & beverages, mining, chemical & petrochemicals in the recent years. For instance in china, there are natural gas explorations and import activities. China new mining policies involving foreign investments in the mining industry has supported to raise the demand for progressing cavity pumps this trend has been observed in different across countries in the region which fueled the growth for progressing cavity pump market. Speak to Analyst @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=142949269
Key players - • To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Progressing Cavity Pump Market. These include • NOV (US), • NETZSCH (Germany), • Seepex (Germany), • PCM (France), • CIRCOR International (US), • Schlumberger (US) among others... • Buy Now : - https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=142949269
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