Cargo Pumps Market
Cargo Pumps Market Size, Share & Trends Analysis Report by Type (Centrifugal Pumps, Reciprocating Pumps, Progressive Cavity Pumps, Screw pumps, Gear Pumps, and Others (Vane Pumps)), and by End-User Industry (Marine, Oil & Gas, Water Management, Food & Beverage, Chemicals, Pharmaceuticals, and Others (Mining)) Forecast Period (2025-2035)
Industry Overview
Cargo pumps market size was $3.4 billion and is projected to reach $6.0 billion in 2035, growing at a steady CAGR of 5.1% during the forecast period (2025-2035). Cargo pump products are increasingly gaining traction across industries such as marine, oil & gas, and chemicals, among others, owing to growing volumes of maritime trade, increasing demand for efficient cargo handling products, and constant advancements in cargo pump offerings. Further, the rapidly expanding footprint of industrial manufacturing and product exports, particularly in emerging markets, is projected to support the demand for cargo pumps globally.
Market Dynamics
Growing Demand for Efficient Cargo Pumps across Industries
The increasing demand for the deployment of efficient cargo pumps across several industries is expected to drive the growth of the cargo pump market. This demand is majorly supported by the expanding footprint of maritime trade, growing emphasis on optimizing operational costs, and regulatory frameworks implying the deployment of more energy-efficient cargo pumps that provide improved energy efficiency and emission reduction assistance. These dynamics of regulatory requirements paired with expanding material transport volumes are advocating wide-scale upgradation and novel deployment of cargo pumps that align with changing industry requirements.
Global Cargo Pumps Market by Type, 2024 (%)
Advancement & Development in Cargo Pump Offerings
Simultaneously, the innovations in cargo pump offerings, such as the integration of smart components and technologies including AI and ML, the use of advanced materials including specialized alloys in cargo pump manufacturing, and the introduction of industry-specific cargo pumps, are expected to drive demand for cargo pumps. These advancements majorly support industry requirements of improving maintenance and reducing downtime, extending durability and lifespan of cargo pumps, and streamlining offerings as per industry needs, has stimulated market players to constantly invest and introduce products comprising novel technological and manufacturing capabilities that align with the future market landscape.
Market Segmentation
- Based on the type, the market is segmented into centrifugal pumps, reciprocating pumps, progressive cavity pumps, screw pumps, gear pumps, and others (vane pumps).
- Based on the end-user industry, the market is segmented into marine, oil & gas, water management, food & beverage, chemicals, pharmaceuticals, and others (mining).
Regional Outlook
The global cargo pumps market is further divided by geography, including North America (the US and Canada), Europe (the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, Australia and New Zealand, ASEAN Countries, and the Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Asia-Pacific Region Dominates the Global Cargo Pumps Market
Asia-Pacific dominates this cargo pump market segment, driven by robust economic growth, industrialization, and infrastructural development. Asia-Pacific is home to some of the world's busiest ports such as Shanghai, Singapore, and Busan, which generate high demand for cargo pumps in oil, chemical, and LNG tankers. Growing intra-Asia and Asia-to-global trade drives demand for high-capacity and efficient pumping systems. Accelerated industrialization in China, India, Indonesia, Vietnam, and others increases the demand for pumps in oil & gas, chemicals, water treatment, and marine industries.
Market Players Outlook
The major companies operating in the global cargo pump market include Alfa Laval, Flowserve Corp., KSB SE & Co. KGaA, Sulzer Ltd, and Xylem, among others. Market players are leveraging partnerships, collaborations, mergers and acquisition strategies for business expansion and innovative product development to maintain their market positioning.
Recent Developments
- In January 2025, Dover acquired Cryogenic Machinery Corp., a designer and manufacturer of cryogenic centrifugal pumps, mechanical seals, and accessories. This acquisition, now part of Dover’s PSG business, strengthens its presence in the cryogenic market, expanding capabilities in liquefied gases and industrial gas applications.
- In February 2024, DESMI introduced new magnetic-drive centrifugal pumps for methanol fuel systems, combining efficiency with magnetic coupling to eliminate shaft seals and reduce methanol leakage risk. These pumps, suitable for new dual-fuel ships and retrofitting existing vessels, build on over 30 years of Desmi’s experience in pump technology.
- In December 2022, Dover completed the acquisition of Witte Pumps & Technology GmbH, a precision gear pump manufacturer. Witte, based in Tornesch, Germany, with offices in the U.S. and China, will become part of Dover’s Maag business unit, expanding its presence in the chemical, food, and pharmaceutical industries.
The Report Covers
- Market value data analysis of 2024 and forecast to 2035.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global cargo pumps market. Based on the availability of data, information related to new products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Global Cargo Pumps Market Sales Analysis – Type| End-User Industry ($ Million)
• Cargo Pumps Market Sales Performance of Top Countries
1.1. Research Methodology
• Primary Research Approach
• Secondary Research Approach
1.2. Market Snapshot
2. Market Overview and Insights
2.1. Scope of the Study
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Cargo Pumps Industry Trends
2.2.2. Market Recommendations
2.3. Porter's Five Forces Analysis for the Cargo Pumps Market
2.3.1. Competitive Rivalry
2.3.2. Threat of New Entrants
2.3.3. Bargaining Power of Suppliers
2.3.4. Bargaining Power of Buyers
2.3.5. Threat of Substitutes
3. Market Determinants
3.1. Market Drivers
3.1.1. Drivers For Global Cargo Pumps Market: Impact Analysis
3.2. Market Pain Points and Challenges
3.2.1. Restraints For Global Cargo Pumps Market: Impact Analysis
3.3. Market Opportunities
4. Competitive Landscape
4.1. Competitive Dashboard – Cargo Pumps Market Revenue and Share by Manufacturers
• Cargo Pumps Product Comparison Analysis
• Top Market Player Ranking Matrix
4.2. Key Company Analysis
4.2.1. Alfa Laval AB
4.2.1.1. Overview
4.2.1.2. Product Portfolio
4.2.1.3. Financial Analysis (Subject to Data Availability)
4.2.1.4. SWOT Analysis
4.2.1.5. Business Strategy
4.2.2. Flowserve Corp.
4.2.2.1. Overview
4.2.2.2. Product Portfolio
4.2.2.3. Financial Analysis (Subject to Data Availability)
4.2.2.4. SWOT Analysis
4.2.2.5. Business Strategy
4.2.3. KSB SE & Co. KGaA
4.2.3.1. Overview
4.2.3.2. Product Portfolio
4.2.3.3. Financial Analysis (Subject to Data Availability)
4.2.3.4. SWOT Analysis
4.2.3.5. Business Strategy
4.2.4. Sulzer Management, Ltd.
4.2.4.1. Overview
4.2.4.2. Product Portfolio
4.2.4.3. Financial Analysis (Subject to Data Availability)
4.2.4.4. SWOT Analysis
4.2.4.5. Business Strategy
4.2.5. Xylem, Inc.
4.2.5.1. Overview
4.2.5.2. Product Portfolio
4.2.5.3. Financial Analysis (Subject to Data Availability)
4.2.5.4. SWOT Analysis
4.2.5.5. Business Strategy
4.3. Top Winning Strategies by Market Players
4.3.1. Merger and Acquisition
4.3.2. Product Launch
4.3.3. Partnership And Collaboration
5. Global Cargo Pumps Market Sales Analysis by Type ($ Million)
5.1. Centrifugal Pumps
5.2. Reciprocating Pumps
5.3. Progressive Cavity Pumps
5.4. Screw pumps
5.5. Gear Pumps
5.6. Others (Vane Pumps)
6. Global Cargo Pumps Market Sales Analysis by End-User Industry ($ Million)
6.1. Marines
6.2. Oil & Gas
6.3. Water Management
6.4. Food & Beverage
6.5. Chemicals
6.6. Pharmaceuticals
6.7. Others (Mining)
7. Regional Analysis
7.1. North American Cargo Pumps Market Sales Analysis – Type | End-User Industry | Country ($ Million)
• Macroeconomic Factors for North America
7.1.1. United States
7.1.2. Canada
7.2. European Cargo Pumps Market Sales Analysis – Type |End-User Industry| Country ($ Million)
• Macroeconomic Factors for Europe
7.2.1. UK
7.2.2. Germany
7.2.3. Italy
7.2.4. Spain
7.2.5. France
7.2.6. Russia
7.2.7. Rest of Europe
7.3. Asia-Pacific Cargo Pumps Market Sales Analysis – Type |End-User Industry | Country ($ Million)
• Macroeconomic Factors for Asia-Pacific
7.3.1. China
7.3.2. Japan
7.3.3. South Korea
7.3.4. India
7.3.5. Australia & New Zealand
7.3.6. ASEAN Countries (Thailand, Indonesia, Vietnam, Singapore, And Other)
7.3.7. Rest of Asia-Pacific
7.4. Rest of the World Cargo Pumps Market Sales Analysis –Type |End-User Industry | Country ($ Million)
• Macroeconomic Factors for the Rest of the World
7.4.1. Latin America
7.4.2. Middle East and Africa
8. Company Profiles
8.1. Alfa Laval AB
8.1.1. Quick Facts
8.1.2. Company Overview
8.1.3. Product Portfolio
8.1.4. Business Strategies
8.2. A.Y. McDonald Mfg. Co.
8.2.1. Quick Facts
8.2.2. Company Overview
8.2.3. Product Portfolio
8.2.4. Business Strategies
8.3. Baker Hughes Co.
8.3.1. Quick Facts
8.3.2. Company Overview
8.3.3. Product Portfolio
8.3.4. Business Strategies
8.4. Bedu Pompen BV
8.4.1. Quick Facts
8.4.2. Company Overview
8.4.3. Product Portfolio
8.4.4. Business Strategies
8.5. Carl Roth GmbH + Co. KG
8.5.1. Quick Facts
8.5.2. Company Overview
8.5.3. Product Portfolio
8.5.4. Business Strategies
8.6. DAE Pumps
8.6.1. Quick Facts
8.6.2. Company Overview
8.6.3. Product Portfolio
8.6.4. Business Strategies
8.7. Dickow Pumpen GmbH & Co. KG.
8.7.1. Quick Facts
8.7.2. Company Overview
8.7.3. Product Portfolio
8.7.4. Business Strategies
8.8. EBARA Group
8.8.1. Quick Facts
8.8.2. Company Overview
8.8.3. Product Portfolio
8.8.4. Business Strategies
8.9. Flowserve Corp.
8.9.1. Quick Facts
8.9.2. Company Overview
8.9.3. Product Portfolio
8.9.4. Business Strategies
8.10. Gorman-Rupp Co.
8.10.1. Quick Facts
8.10.2. Company Overview
8.10.3. Product Portfolio
8.10.4. Business Strategies
8.11. JEE Pumps Ltd.
8.11.1. Quick Facts
8.11.2. Company Overview
8.11.3. Product Portfolio
8.11.4. Business Strategies
8.12. Kosaka Laboratory Ltd.
8.12.1. Quick Facts
8.12.2. Company Overview
8.12.3. Product Portfolio
8.12.4. Business Strategies
8.13. KSB SE & Co. KGaA
8.13.1. Quick Facts
8.13.2. Company Overview
8.13.3. Product Portfolio
8.13.4. Business Strategies
8.14. Lutz Pumpen GmbH
8.14.1. Quick Facts
8.14.2. Company Overview
8.14.3. Product Portfolio
8.14.4. Business Strategies
8.15. Naniwa Pump Mfg Co., Ltd.
8.15.1. Quick Facts
8.15.2. Company Overview
8.15.3. Product Portfolio
8.15.4. Business Strategies
8.16. North Ridge Pumps Ltd.
8.16.1. Quick Facts
8.16.2. Company Overview
8.16.3. Product Portfolio
8.16.4. Business Strategies
8.17. Rotech Pumps & Systems Inc.
8.17.1. Quick Facts
8.17.2. Company Overview
8.17.3. Product Portfolio
8.17.4. Business Strategies
8.18. Ruhrpumpen Group
8.18.1. Quick Facts
8.18.2. Company Overview
8.18.3. Product Portfolio
8.18.4. Business Strategies
8.19. SEEPEX GmbH
8.19.1. Quick Facts
8.19.2. Company Overview
8.19.3. Product Portfolio
8.19.4. Business Strategies
8.20. Sulzer Ltd.
8.20.1. Quick Facts
8.20.2. Company Overview
8.20.3. Product Portfolio
8.20.4. Business Strategies
8.21. The Weir Group PLC
8.21.1. Quick Facts
8.21.2. Company Overview
8.21.3. Product Portfolio
8.21.4. Business Strategies
8.22. Xylem, Inc.
8.22.1. Quick Facts
8.22.2. Company Overview
8.22.3. Product Portfolio
8.22.4. Business Strategies
1. Global Cargo Pumps Market Research And Analysis By Type, 2024-2035 ($ Million)
2. Global Centrifugal Pumps Market Research And Analysis By Region, 2024-2035 ($ Million)
3. Global Reciprocating Pumps Market Research And Analysis By Region, 2024-2035 ($ Million)
4. Global Progressive Cavity Pumps Market Research And Analysis By Region, 2024-2035 ($ Million)
5. Global Screw Pumps Market Research And Analysis By Region, 2024-2035 ($ Million)
6. Global Gear Market Research And Analysis By Region, 2024-2035 ($ Million)
7. Global Other Cargo Pumps Market Research And Analysis By Region, 2024-2035 ($ Million)
8. Global Cargo Pumps Market Research And Analysis By End-User Industry, 2024-2035 ($ Million)
9. Global Cargo Pumps for Marines Market Research And Analysis By Region, 2024-2035 ($ Million)
10. Global Cargo Pumps for Oil & Gas Market Research And Analysis By Region, 2024-2035 ($ Million)
11. Global Cargo Pumps for Water Management Market Research And Analysis By Region, 2024-2035 ($ Million)
12. Global Cargo Pumps for Food & Beverages Market Research And Analysis By Region, 2024-2035 ($ Million)
13. Global Cargo Pumps for Chemical Market Research And Analysis By Region, 2024-2035 ($ Million)
14. Global Cargo Pumps for Pharmaceutical Market Research And Analysis By Region, 2024-2035 ($ Million)
15. Global Cargo Pumps for Other End-User Industry Market Research And Analysis By Region, 2024-2035 ($ Million)
16. Global Cargo Pumps Market Research And Analysis By Region, 2024-2035 ($ Million)
17. North American Cargo Pumps Market Research And Analysis By Country, 2024-2035 ($ Million)
18. North American Cargo Pumps Market Research And Analysis By Type, 2024-2035 ($ Million)
19. North American Cargo Pumps Market Research And Analysis By End-User Industry, 2024-2035 ($ Million)
20. European Cargo Pumps Market Research And Analysis By Country, 2024-2035 ($ Million)
21. European Cargo Pumps Market Research And Analysis By Type, 2024-2035 ($ Million)
22. European Cargo Pumps Market Research And Analysis By End-User Industry, 2024-2035 ($ Million)
23. Asia-Pacific Cargo Pumps Market Research And Analysis By Country, 2024-2035 ($ Million)
24. Asia-Pacific Cargo Pumps Market Research And Analysis By Type, 2024-2035 ($ Million)
25. Asia-Pacific Cargo Pumps Market Research And Analysis By End-User Industry, 2024-2035 ($ Million)
26. Rest Of The World Cargo Pumps Market Research And Analysis By Region, 2024-2035 ($ Million)
27. Rest Of The World Cargo Pumps Market Research And Analysis By Type, 2024-2035 ($ Million)
28. Rest Of The World Cargo Pumps Market Research And Analysis By End-User Industry, 2024-2035 ($ Million)
1. Global Cargo Pumps Market Share By Type, 2024 Vs 2035 (%)
2. Global Centrifugal Pumps Market Share By Region, 2024 Vs 2035 (%)
3. Global Reciprocating Pumps Market Share By Region, 2024 Vs 2035 (%)
4. Global Progressive Cavity Pumps Market Share By Region, 2024 Vs 2035 (%)
5. Global Screw Pumps Market Share By Region, 2024 Vs 2035 (%)
6. Global Gear Pumps Market Share By Region, 2024 Vs 2035 (%)
7. Global Other Pumps Market Share By Region, 2024 Vs 2035 (%)
8. Global Cargo Pumps Market Share By End-User Industry, 2024 Vs 2035 (%)
9. Global Cargo Pumps for Marines Market Share By Region, 2024 Vs 2035 (%)
10. Global Cargo Pumps for Oil & Gas Market Share By Region, 2024 Vs 2035 (%)
11. Global Cargo Pumps for Water Management Market Share By Region, 2024 Vs 2035 (%)
12. Global Cargo Pumps for Food & Beverages Market Share By Region, 2024 Vs 2035 (%)
13. Global Cargo Pumps for Chemical Market Share By Region, 2024 Vs 2035 (%)
14. Global Cargo Pumps for Pharmaceuticals Market Share By Region, 2024 Vs 2035 (%)
15. Global Cargo Pumps for Other End-User Industry Market Share By Region, 2024 Vs 2035 (%)
16. Global Cargo Pumps Market Share By Region, 2024 Vs 2035 (%)
17. US Cargo Pumps Market Size, 2024-2035 ($ Million)
18. Canada Cargo Pumps Market Size, 2024-2035 ($ Million)
19. UK Cargo Pumps Market Size, 2024-2035 ($ Million)
20. France Cargo Pumps Market Size, 2024-2035 ($ Million)
21. Germany Cargo Pumps Market Size, 2024-2035 ($ Million)
22. Italy Cargo Pumps Market Size, 2024-2035 ($ Million)
23. Spain Cargo Pumps Market Size, 2024-2035 ($ Million)
24. Russia Cargo Pumps Market Size, 2024-2035 ($ Million)
25. Rest Of Europe Cargo Pumps Market Size, 2024-2035 ($ Million)
26. India Cargo Pumps Market Size, 2024-2035 ($ Million)
27. China Cargo Pumps Market Size, 2024-2035 ($ Million)
28. Japan Cargo Pumps Market Size, 2024-2035 ($ Million)
29. South Korea Cargo Pumps Market Size, 2024-2035 ($ Million)
30. Australia & New Zealand Cargo Pumps Market Size, 2024-2035 ($ Million)
31. ASEAN Countries Cargo Pumps Market Size, 2024-2035 ($ Million)
32. Rest Of Asia-Pacific Cargo Pumps Market Size, 2024-2035 ($ Million)
33. Latin America Cargo Pumps Market Size, 2024-2035 ($ Million)
34. Middle East And Africa Cargo Pumps Market Size, 2024-2035 ($ Million)
FAQS
The size of the Cargo Pumps market in 2024 is estimated to be around $3.4 billion.
Asia-Pacific holds the largest share in the Cargo Pumps market.
Leading players in the Cargo Pumps market include Alfa Laval, Flowserve Corp., KSB SE & Co. KGaA, Sulzer Ltd, and Xylem, among others.
Cargo Pumps market is expected to grow at a CAGR of 5.1% from 2025 to 2035.
The Cargo Pumps Market is growing due to rising global liquid trade, demand for efficient cargo handling, and advancements in pump technology.