Middle East and Africa Positive Displacement Pumps Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Middle East and Africa Positive Displacement Pumps Market is segmented by Type of Positive Displacement Pump (Diaphragm, Piston, Gear, Lobe, Progressive Cavity, Screw, Vane, Peristaltic), End-User Industries (Oil & Gas, Chemicals, Food & Beverage, Water & Wastewater, Pharmaceutical, Power), and Country.

Market Snapshot

 Middle East and Africa Positive Displacement Pumps Market Overview
Study Period: 2022-2027
Base Year: 2021
CAGR: 3.48 %
 Middle East and Africa Positive Displacement Pumps Market Key Players

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Market Overview

The Middle East and Africa Positive Displacement Pumps Market are expected to register at a CAGR of 3.48% during the forecast period of 2022-2027. The positive displacement pumps have gained major traction from the pharmaceutical industry due to various industry needs. Still, the supply chain disruption has caused a huge loss in the semiconductors market, which has brought the positive displacement pump market to a static stage. Further, the oil, gas, and power sector has also taken a hit and hasn’t shown any sign of post-pandemic improvement. Thus, the market is yet to recover and is expected to return to pre-pandemic growth figures once travel restrictions and supply chain disruption are normalized.

  • The Gulf region has adopted solar power to meet some of its energy requirements. The UAE plans to increase its power-generation capacity by around 21 GW, and its solar capacity is anticipated to comprise 26.1% of the total additional generation capacity.
  • The UAE's Renewable Energy Project Development Office planned to issue tenders for 11 PV power projects, with a combined capacity of 2,225 MW, in 2020. Additionally, its solar target for 2023 has increased from 5.9 GW to 20 GW, and it is set at 40 GW for 2030.
  • Further, government-imposed environmental regulations have resulted in the mandatory installation of a Positive Displacement pump in the industrial sector in the inhouse wastewater treatment plants. Future international events such as the FIFA World Cup, to be hosted by Qatar in 2022, and the World Expo, to be organized in Dubai in 2020, are likely to attract greater expenditure on infrastructure developments in the Middle East & African countries, which would trigger the adoption of Positive Displacement pump in the construction sector.
  • Also, the region is witnessing the discovery of new oil and gas wells continuously while old and underutilized ones are being rejuvenated. For instance, the government-owned Abu Dhabi National Oil Co. announced a rig fleet expansion program that is anticiapted to add dozens of rigs by 2025.
  • Moreover, the United Arab Emirates has also announced its plans to invest USD 163 billion in projects to generate almost half of the country's power needs from renewable sources. Such projects lead to the demand for Positive Displacement pumps over the forecast period.
  • Further, the growing demand for freshwater in African countries such as South Africa and Nigeria would boost the performance of the positive displacement pump industry in the coming years. Countries such as Saudi Arabia and the UAE are rapidly growing in terms of infrastructure and economy. These countries are also characterized by huge oil resources and water management systems, which generate huge demands for positive displacement pumps. Thus, the positive displacement pump market players are investing in improving their offerings to make them cheaper and more reliable.

Scope of the Report

The market study analyses the market trends and opportunities for different types of positive displacement pumps, such as Diaphragm, Piston, Gear, Lobe, Progressive Cavity, Screw, Vane, and Peristaltic others that are used in the various end-user industry application. These pumps find applications in process, and manufacturing industries, among others. Further, the study analyzes the impact of COVID-19 on the market players and its stakeholders across the supply chain. The same has been considered for arriving at the current market estimation and for future projections.

Types
Diaphragm
Piston
Gear
Lobe
Progressive Cavity
Screw
Vane
Peristaltic
End-user Industries
Oil & Gas
Chemicals
Food & Beverage
Water & Wastewater
Pharmaceutical
Power
Other End-User Industries
Country
Saudi Arabia
United Arab Emirates
South Africa
Rest of the Middle East and Africa

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Key Market Trends

Oil & Gas Segment is Expected to Witness Significant Growth

  • Within the oil & gas industry, positive displacement pumps are installed in all exploration, extraction, refinement, and distribution areas. The global oil and gas sector remains unpredictable with instabilities in crude oil prices. This instability has been directly impacting the demand for pumps from the industry and also due to the depressed upstream investments in the current scenario of low crude oil prices.
  • Moreover, in the oil and gas industry, vapor recovery is recovering the stock tank hydrocarbon vapors either in upstream production or downstream refining, where the vapors are normally vented to the atmosphere. Vapor recovery can be achieved by pulling the centrifugal force and, thus, compressing vapors from the stock tanks. Vapors can be recovered, liquefied, and reused using Vane positive displacement pumps.
  • According to the Organization of the Petroleum Exporting Countries (OPEC), Saudi Arabia possesses around 17% of the world’s proven petroleum reserves. The oil and gas industry contributed approximately 50% to the gross domestic product (GDP) and about 70% of export earnings. The significant presence of the oil & gas industry in the country has contributed to the market's growth in the region.
  • Further, field gas boosting increases the low-pressure gas from the wellhead to the high-pressure pipeline. The wellhead has reasonably low positive pressure and is commonly below the atmospheric pressure. Thus, a positive displacement pump is required to extract the gas and boost it to the PSI above atmospheric pressure. The gas is then usually delivered to a gas processing plant by a high-pressure compressor through a pipeline.
  • The increasing need for water and wastewater management during gas and oil extraction from shale has fueled the demand for positive displacement pumps. However, efficient pumps have emerged as environmental concerns threaten the positive displacement pump market growth. Though it is becoming harder to produce oil and gas, several technological innovations and effective centrifugal and displacement systems, have made production cost-effective under increasingly challenging conditions.
 Middle East and Africa Positive Displacement Pumps Market Trends

Africa is Expected to Hold a Significant Market Share

  • The current refining capacity in Nigeria stands at 344 thousand barrels per day. However, an oil refinery is being constructed in the Nigerian commercial city of Lagos, with an investment of USD 9 billion. With an annual refining capacity of around 10.4 million tons of gasoline, this new refinery was expected to double Nigeria's refining capacity. The project was anticipated to be completed by the beginning of 2021 (delayed due to COVID-19). With the future investment in the new refineries, the market is anticipated to witness significant demand in this sector.
  • Further, countries such as Egypt also focus on developing 40 solar parks of around 50 MW to meet its 2 GW renewables target, with clean energy accounting for 20% of the country’s energy mix. The country's first utility-scale solar plant, credited to the government-sponsored feed-in tariff, may generate power for up to 15,000 homes. Semiconductors are finding increasing applications in renewable energy solutions. Hence, all the above developments across Egypt are expected to create opportunities for the market studied over the forecast period.
  • In September 2020, Verder announced the latest expansion of its pump range with the innovative iDura, showcased at the recent Electra Mining Connect Week. The new iDura range offers the convenience of plug-and-play, ready-to-use features of the existing Verderflex Dura hose displacement pumps (ranges 5 to 35), complete with a fully wired single- or three-phase Verder IP66 inverter and integral hose burst sensor.
  • Also, using energy-efficient pumps is increasingly influenced by commercial and legislative requirements for preserving the environment. These requirements may spur the use of positive displacement pumps. For instance, government policies and regulations on safety and health concerns in African regions encouraged the use of positive displacement pumps.
 Middle East and Africa Positive Displacement Pumps Market Forecast

Competitive Landscape

The Middle East and Africa Positive Displacement Pumps Market are moderately fragmented because of the presence of several global companies. Key players in this market are introducing new innovative products and forming partnerships and collaborations to gain competitive advantages.

  • July 2021 - Standard Group introduced the new line of Ebara Pumps. It supports the creation of comfortable living environments for customers and the development of various industries by providing standardized positive displacement pumps for water supply and drainage facilities that support everyday life, all kinds of water-handling equipment, and various plant equipment.

Recent Development

  • April 2022 - According to the latest Global Wind Report by the Global Wind Energy Council (GWEC), the Middle East and Africa (MEA) region is anticiapted to add 14 GW of new wind power capacity over the span of five years. Between 2022 and 2026, new wind power capacity additions in Africa and the Middle East region would be led by South Africa (5.4 GW), Egypt (2.2 GW), Morocco (1.8 GW), and Saudi Arabia (1.3 GW).
  • April 2021 - Saudi Arabia has officially inaugurated the 300MW Sakaka PV Independent Power Plant (IPP), its first utility-scale renewable energy project, at an investment value of SAR 1.2 billion (USD 320 million). These developments further drive the studied market in the region.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumption and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.2.1 Bargaining Power of Suppliers

      2. 4.2.2 Bargaining Power of Buyers

      3. 4.2.3 Threat of New Entrants

      4. 4.2.4 Threat of Substitutes

      5. 4.2.5 Intensity of Competitive Rivalry

    3. 4.3 Industry Value Chain Analysis

    4. 4.4 Impact of COVID-19 on the Market

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Increasing Mining Activities

      2. 5.1.2 Growth in Construction Sector

    2. 5.2 Market Challenges

      1. 5.2.1 High Cost and Compatibility Issues

  6. 6. MARKET SEGMENTATION

    1. 6.1 Types

      1. 6.1.1 Diaphragm

      2. 6.1.2 Piston

      3. 6.1.3 Gear

      4. 6.1.4 Lobe

      5. 6.1.5 Progressive Cavity

      6. 6.1.6 Screw

      7. 6.1.7 Vane

      8. 6.1.8 Peristaltic

    2. 6.2 End-user Industries

      1. 6.2.1 Oil & Gas

      2. 6.2.2 Chemicals

      3. 6.2.3 Food & Beverage

      4. 6.2.4 Water & Wastewater

      5. 6.2.5 Pharmaceutical

      6. 6.2.6 Power

      7. 6.2.7 Other End-User Industries

    3. 6.3 Country

      1. 6.3.1 Saudi Arabia

      2. 6.3.2 United Arab Emirates

      3. 6.3.3 South Africa

      4. 6.3.4 Rest of the Middle East and Africa

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Company Profiles

      1. 7.1.1 Ampco Pumps Company Inc.

      2. 7.1.2 Flowserve Corporation

      3. 7.1.3 ITT Inc.

      4. 7.1.4 Pentair PLC

      5. 7.1.5 Ebara Corporation

      6. 7.1.6 Xylem Inc.

      7. 7.1.7 The Weir Group PLC

      8. 7.1.8 Sulzer Ltd

      9. 7.1.9 Grundfos (Grundfos Holding AG)

      10. 7.1.10 Dover Corporation

    2. *List Not Exhaustive
  8. 8. INVESTMENT ANALYSIS

  9. 9. FUTURE OF THE MARKET

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Frequently Asked Questions

The MEA Positive Displacement Pumps Market market is studied from 2022 - 2027.

The MEA Positive Displacement Pumps Market is growing at a CAGR of 3.48% over the next 5 years.

Ampco Pumps Company Inc., Flowserve Corporation, ITT Inc., Pentair PLC, Ebara Corporation are the major companies operating in MEA Positive Displacement Pumps Market .

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