APAC Positive Displacement Pumps Market Size

Statistics for the 2023 & 2024 APAC Positive Displacement Pumps market size, created by Mordor Intelligence™ Industry Reports. APAC Positive Displacement Pumps size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of APAC Positive Displacement Pumps Industry

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Asia-Pacific Positive Displacement Pumps Market Size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.67 %
Market Concentration Medium

Major Players

Asia-Pacific Positive Displacement Pumps Market Major Players

*Disclaimer: Major Players sorted in no particular order

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APAC Positive Displacement Pumps Market Analysis

The Asia-Pacific positive displacement pump market is expected to grow at a CAGR of 3.67% during the forecast period, 2022-2027. The rising demand for high-energy efficiency pumps and the growing focus on wastewater management systems is expected to drive the market over the study period.

  • A positive displacement pump moves a fluid by repeatedly enclosing a fixed volume with the aid of seals or valves and moving it mechanically through the system. The pump intakes a fixed amount of liquid from the intake pipe and transfers it to a discharge pipe at high pressure.
  • Governments in the Asia-Pacific region have introduced stringent policies and regulations regarding wastewater treatment in the municipal and industrial sectors. Operators must deploy water treatment units in their facilities to overcome water scarcity challenges. Therefore, wastewater treatment is expected to create ample opportunities for the positive displacement pumps market in the future.
  • China is expected to hold a significant market share in the Asia-Pacific region due to its expanding end-user industry and position as the world's largest automotive industry. Additionally, China's power generation market is increasing at a significant pace to meet the demand of the increasing population.
  • Further, India is planning to derive 40% of its energy from renewable sources by 2030, which is at 15% currently. To achieve these energy manufacturing goals, manufacturers, with the government's help, are making significant investments in the industry, which is anticipated to propel market growth over the forecast period.
  • The COVID-19 pandemic has considerably impacted the oil and gas and power generation activities worldwide. This further resulted in delays in project construction activities and supply chain disruptions. As a result, the demand for positive displacement pumps was also impacted. However, the economies returning to normalcy and all industries moving back to their full operations increased the demand for these pumps in the market.

Asia-Pacific Positive Displacement Pumps Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)