The rotary pump market is expected to show a CAGR of more than 4.0% during the forecast period 2020-2026. Modest growth in the oil & gas sector, power generation, chemical, and pharmaceuticals are some of the major factors augmenting the market during the forecast period. Moreover, significant growth in the food & beverage segment, and water & wastewater treatment segment will be witnessed during the forecast period which will drive the overall market growth in the near future. In addition, the rising adoption of new technologies in agriculture to improve productivity, increasing process manufacturing, and rising smart manufacturing is will also drive the market. 

However, a downfall is expected in revenue due to the COVID-19 pandemic which is a major restraint for the market. Oil & gas and power demands have plummeted all across the globe due to COVID-19 and lockdowns which will affect the growth of the market for a couple of years. 

Market Segmentation

The global rotary pump market is segmented based type and application. By type, the market is further segmented into gear pump, vane pump, screw pump, lobe pump. These pumps have different usage and are used at various applications. Internal gear pumps are made to close tolerance thus can be damaged when pumping large solids. Whereas external gear pumps, handle viscous and water type liquids. However, these external gear pump doesn’t perform considerably under the critical suction condition and volatile liquids have a tendency to vaporize locally. Lobe pumps are similar to the external gear pump however the only difference in them is that the lobe does not contact similar to external gear. Lobe pump finds significant application in the food and beverage sector as they have the capability to handle solids without damaging the pump. In this type of pump, particle size is much larger as compared to any other type of positive displacement pump.

The operation of a vane pump is quite different to gear and lobe pump and there is no metal-to-metal contact in them. These pumps are frequently used for the low-viscosity non-lubricating liquids including propane or solvent. Vane pumps have the capability to run dry however they are not well suited to handle abrasive applications. In the screw pump, several screws are fitted to move fluid or solid along with the screw axis. 

By Application, the market is sub-divided into oil & gas, power generation, chemical & pharmaceuticals, food and beverage, water & wastewater, other. During the forecast period, significant growth in food & beverage and water & wastewater management will be witnessed all across the globe. It will be mainly due to the increasing food processing and wastewater treatment in the emerging economies including India and China. 

Global Rotary Pump Market Share by Application, 2019 (%)

Regional Outlook

On the basis of geography, the global rotary pump market is studied by dividing the market into four major regions that include North America, Europe, Asia-Pacific, and the Rest of the World (RoW). During the forecast period, North America is expected to hold a major market share all across the globe. High consumption of oil & gas, high consumption of packaged food and beverage are some of the major factors for the considerable market share in the region. 

Global Rotary Pump Market Growth, by Region 2020-2026

Moreover, Asia-Pacific is forecast to augment at a significant growth rate. Growth in the increasing oil and gas demand, increasing power generation capacity, large pharmaceutical and chemical market in China and India are some of the major factors for the significant growth of the market in the region. Moreover, in the Rest of the World, oil & gas segment is expected to have a considerable market share during the forecast period. 

Market Players Outlook

The rotary pump market is fragmented in nature however few major players hold a considerable market share in the global market. The major players operating in the market include Bosch Rexroth AG, Dover Corp., IDEX Corp., Colfax Corp., Atlas Copco AB, Alfa Laval AB, and so on. The companies are adopting growth strategies including mergers & acquisitions, product launches, and partnerships & collaborations to gain a competitive edge in the market. For instance, in August 2019 Alfa Laval AB launched New OptiLobe Rotary Lobe Pumps as an alternative for general applications which requires gentle product treatment and easy serviceability.

The Report Covers

• Market value data analysis of 2019 and forecast to 2026.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global Rotary Pump market. 
• Based on the availability of data, information related to pipeline 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.