Progressing Cavity Pump Market

Progressive cavity pumps are ideal for pumping fluids that have higher viscosities. They are often installed where a high discharge pressure is required while handling viscous fluids at high flow rates. Progressive cavity pump is a versatile pump that can be utilized in a variety of end-use applications in various end-use industries. The progressive cavity pump is used when the pumping application is not suited to a centrifugal pump. Moreover, progressing cavity pump is often a more cost-effective alternative, as it already covers a wide range of NPSH (Net Positive Suction Head) critical applications in standard design.

Market Dynamics:

High adoption rate of modern pumping technologies, increasing demand for progressing cavity pumps, suitability for handling high-viscosity fluids, and increase in focus on improving water and wastewater management practices are some major factors expected to aid in the growth of the global progressing cavity pump market.

For instance, in September 2022, CIRCOR International, Inc. announced the launch of the new ALLWEILER AEB-1F-ME mobile progressing cavity pump unit, ideal for food and beverage market transfer and metering applications, including wine and wine mash, fruits, water, dips, sauce, juice, and oils. Furthermore, in October 2021, Seepex refined its range of progressive cavity pumps with the launch of SCT AutoAdjust technology in combination with Seepex digital solutions, enabling remote adjustment to keep pump performance at optimal operating point without onsite manual intervention.

Key features of the study:

• This report provides in-depth analysis of the global progressing cavity pump market, and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022–2028), considering 2021 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global progressing cavity pump market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Halliburton Company, PCM Group, Xylem Inc., Schlumberger Limited, Weatherford International PLC, NETZSCH Group, ChampionX, Seepex Inc., and National-Oilwell Varco Inc., among others.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global progressing cavity pump market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global progressing cavity pump market.

Detailed Segmentation:

• Global Progressing Cavity Pump Market, By Power Rating:
• • Up to 50 HP
  • Between 51 to 150 HP
  • Above 150 HP
• Global Progressing Cavity Pump Market, By End-User Vertical:
• • Water and Wastewater
  • Oil and Gas
  • Chemicals and Petrochemicals
  • Food and Beverage
  • Other End-user Verticals
• Global Progressing Cavity Pump Market, By Geography:
• • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa
  • South America
• Company Profiles:
• • ChampionX
  • Seepex Inc.
  • Halliburton Company
  • PCM Group
  • Xylem Inc.
  • Schlumberger Limited
  • Weatherford International PLC
  • NETZSCH Group
  • National-Oilwell Varco Inc.