Progressing Cavity Pump Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The progressing cavity pump market is segmented by power rating (up to 50 HP, between 51 and 150 HP, and above 150 HP), end-user vertical (water and wastewater, oil and gas, chemicals and petrochemicals, food and beverage), and geography (North America, Asia-Pacific, Latin America, Europe, the Middle East, and Africa). The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.

Progressing Cavity Pump Market Size

Progressing Cavity Pump Market Summary
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Study Period 2018 - 2028
Base Year For Estimation 2022
CAGR 5.80 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration High

Major Players

Progressing Cavity Pump Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Progressing Cavity Pump Market Analysis

Over the next few years, the market for progressing cavity pumps will register a CAGR of 5.8%. A progressive cavity pump, also known as an eccentric screw pump, a progressing cavity pump, or a cavity pump, is a type of positive displacement pump. It moves fluid by turning its rotor, which creates a series of small holes with clear shapes that move through the pump.

  • Progressive cavity pumps are being used more and more in oil and gas, water and wastewater management, chemicals, and petrochemicals, which is driving growth in the global cavity pump market.
  • Progressive cavity pumps are expected to be used more as the number of smart cities around the world grows. This will give companies that make smart water management solutions a lot of business opportunities.
  • Enhanced oil recovery, upstream operations, and technological breakthroughs like cutting-edge and 3D printing in pump design, repair, and replacement are also driving the market's growth.
  • But factors like high development and maintenance costs, the availability of less expensive alternatives, and price competition are probably going to limit the market's growth.
  • Due to the COVID-19 epidemic, there was less demand in the market from businesses in the end-user industries. Due to the tough times, these businesses saw a big drop in their income and earnings, which led to a big drop in staff and workers and a loss of industrial production activities overall.

Progressing Cavity Pump Market Trends

This section covers the major market trends shaping the Progressing Cavity Pump Market according to our research experts:

Waste and Wastewater is Expected to Hold Major Share

  • The water and wastewater segment of the PC pump market is expected to be the largest during the forecast period. This is because the water and wastewater management infrastructure business around the world is increasing its demand.Progressive cavity pumps are used to move through wastewater streams fluids that are very thick and rough.
  • Progressing cavity pumps typically deliver a shallowly pulsed flow. Excessive sludge, untreated sewage, or dense slurries may be transported in wastewater and water treatment applications. The power and speed depend on the fluid's transmitted viscosity and the amount of lift needed, which will help the market expand.
  • The development of new water treatment facilities is anticipated to be encouraged by the expanding worldwide population and a rise in water demand across various industries, enabling the progressive cavity pump market's expansion.
  • People who live in places with little water are a big problem for the world's water systems. By 2025, the WHO projects that half of everyone on earth will reside in water-stressed regions. Because of this, infrastructure for treating wastewater and water is expected to grow a lot, which will boost the market. The modular design of these wastewater treatment plants has also made it possible for a cost-effective solution to be found. This has also helped to ease the initial challenge of a large cost. These facilities are easy to expand as the amount of wastewater and the capacity needs of the treatment plant grow.
Progressing Cavity Pump Market : Total Market Size of Water and Wastewater Treatment Equipment in Australia from 2019 to 2022, in USD Billions

Asia Pacific is Expected to Hold Major Share

  • In the market for progressive cavity pumps, it is expected that Asia Pacific will be in the lead.The region's market has grown because of changes in the economy, such as industrialization, modern agriculture, and urbanization, which have all increased the need for clean, reusable water.
  • Smart water management solutions providers can expect to make a lot of money from the growing number of smart cities in the region.By 2022, India plans to invest over USD 500,000 in constructing over 100 smart cities, which will affect the country's almost 1 billion people.
  • The expansion of several sectors, including power, chemicals, oil, and gas, and increased investments in infrastructure for water and wastewater treatment are the main factors affecting the growth of the market for progressive cavity pumps in Asia Pacific. Other market-driving factors include an increase in infrastructure development initiatives, particularly in China and India, as well as growing demand for proper sanitation due to urbanization and rising living standards.

As more efficient ways of getting crude oil out of old reservoirs have been found, it is expected that the number of people who need these pumps in this region will rise.

Progressing Cavity Pump Market : Growth Rate by Region

Progressing Cavity Pump Industry Overview

The market for progressing cavity pumps is consolidated because there aren't many companies in the business. National-Oilwell Varco Inc., Schlumberger Limited, Xylem Inc., NETZSCH Group, PCM Group, Seepex Inc., and Halliburton Company are some of the major competitors in this sector.

National-Oilwell Varco Inc. released the new AgitatorZP System in January 2023. It is a tool for reducing friction that can be used at any pressure.The AgitatorZP System is made for applications with limited standpipe pressure. It maximizes weight transfer, which improves directional control and drilling performance in long-reach laterals.

In April 2022, Xylem announced that it would invest as a limited partner (LP) in the venture capital funds Burnt Island Ventures and The Westly Group's Funds III and IV. This would help develop new technologies for water and industry.The USD 20 million invested by both funds is a key part of Xylem's Xylem Innovation Labs program, which encourages innovation from outside the company.These investments bolster Xylem Innovation Labs' open innovation network and its commitment to bringing the most important water technology innovations to market at scale and speed.

In April 2022, NETZSCH announced the new NEMO progressing cavity pump in FSIP design with a compact block construction. This is particularly space-saving and allows you to install the pump in a confined space. The progressing cavity pump has an innovative design that makes it easy to get to the parts that wear out. This makes maintenance and service easier.

Progressing Cavity Pump Market Leaders

  1. Schlumberger Limited.

  2. National-Oilwell Varco, Inc.

  3. Xylem Inc

  4. PCM Group

  5. NETZSCH Group

*Disclaimer: Major Players sorted in no particular order

Progressing Cavity Pump Market competive lanscpe1.jpg

Progressing Cavity Pump Market News

  • February 2023: Netzsch Pumps & Systems has announced expanding its production and logistics in East Asia. The production plant relocation in Lanzhou, China, is the leading investment. The "Lanzhou New Plant" project is expanding the Lanzhou site's production and logistics network, strengthening its presence in East Asia, and resulting in a significant rise in the number of pumps manufactured here in Lanzhou each year.
  • October 2022: Xylem Singapore and Gross-Wen Technologies will collaborate on boosting sustainability and will focus on developing GWT's existing revolving algal biofilm (RAB) technology, an algae-based wastewater treatment solution that promotes nutrient recovery while reducing the carbon footprint of water utilities.

Progressing Cavity Pump Market Report - Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. EXECUTIVE SUMMARY

  3. 3. RESEARCH METHODOLOGY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview

    2. 4.2 Industry Value Chain Analysis

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Bargaining Power of Suppliers

      2. 4.3.2 Bargaining Power of Consumers

      3. 4.3.3 Threat of New Entrants

      4. 4.3.4 Intensity of Competitive Rivalry

      5. 4.3.5 Threat of Substitutes Products

    4. 4.4 Assessment of COVID-19 Impact on the Industry

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Increasing Demand From Water and Wastewater Management Infrastructure Industry Across the World

      2. 5.1.2 Suitability for Handling High-viscosity Fluids

    2. 5.2 Market Restraints

      1. 5.2.1 High Deployment and Maintenance Cost

  6. 6. MARKET SEGMENTATION

    1. 6.1 Power Rating

      1. 6.1.1 Up to 50 HP

      2. 6.1.2 Between 51 to 150 HP

      3. 6.1.3 Above 150 HP

    2. 6.2 End-User Vertical

      1. 6.2.1 Water and Wastewater

      2. 6.2.2 Oil and Gas

      3. 6.2.3 Chemicals and Petrochemicals

      4. 6.2.4 Food and Beverage

      5. 6.2.5 Other End-Users

    3. 6.3 Geography

      1. 6.3.1 North America

      2. 6.3.2 Europe

      3. 6.3.3 Asia-Pacific

      4. 6.3.4 Latin America

      5. 6.3.5 Middle East and Africa

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Company Profiles

      1. 7.1.1 Schlumberger Limited

      2. 7.1.2 National-Oilwell Varco Inc.

      3. 7.1.3 Xylem Inc.

      4. 7.1.4 NETZSCH Group

      5. 7.1.5 PCM Group

      6. 7.1.6 Weatherford International PLC

      7. 7.1.7 Halliburton Company

      8. 7.1.8 Seepex Inc.

      9. 7.1.9 ChampionX

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

  9. 9. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

Progressing Cavity Pump Industry Segmentation

Progressing cavity pumps primarily belong to the group of rotating positive displacement pumps. They are self-priming and valve-less. Owing to their high process liability and suction capacity, they are mostly used for continuous, gentle conveyance and precise dosing. These pumps are extremely versatile and can be used in multiple pumping applications. They also offer all the advantages of a positive displacement pump and are primarily designed for abrasion resistance in tough pumping applications.

The progressing cavity pump market is segmented by power rating (up to 50 HP, between 51 and 150 HP, and above 150 HP), end-user vertical (water and wastewater, oil and gas, chemicals and petrochemicals, food and beverage), and geography (North America, Asia-Pacific, Latin America, Europe, the Middle East, and Africa). The market sizes and forecasts are provided in terms of value (USD billion) for all the above segments.

Power Rating
Up to 50 HP
Between 51 to 150 HP
Above 150 HP
End-User Vertical
Water and Wastewater
Oil and Gas
Chemicals and Petrochemicals
Food and Beverage
Other End-Users
Geography
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa

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Progressing Cavity Pump Market Research FAQs

The Progressing Cavity Pump Market is projected to register a CAGR of 5.8% during the forecast period (2023-2028).

Schlumberger Limited., National-Oilwell Varco, Inc., Xylem Inc, PCM Group and NETZSCH Group are the major companies operating in the Progressing Cavity Pump Market.

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2023-2028).

In 2023, the Asia-Pacific accounts for the largest market share in the Progressing Cavity Pump Market.

Progressing Cavity Pump Industry Report

Statistics for the 2023 Progressing Cavity Pump market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Progressing Cavity Pump analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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