Progressing Cavity Pumps Sales Market Latest Trends, Growth, Forecast and Opportunities 2028

 Progressing Cavity Pumps Sales Market Value and CAGR

A progressive cavity pump, also known as a progressive cavity pump, progressing cavity pump, eccentric screw pump, or cavity pump, is a type of positive displacement pump. It moves fluid by turning its rotor, which causes a series of small, fixed-shaped, discrete cavities to move through the pump. As a result, the volumetric flow rate is proportional to the rotation rate (bidirectionally) and the pumped fluid is subjected to low levels of shearing.

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In 2020, the global Progressing Cavity Pumps (PCP) sales market was valued at USD 2.9 billion, and it is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2021 to 2028. The growing demand for oil and gas around the world is driving the PCP sales market. The demand for energy sources such as oil and gas is expected to remain high as the global population and industrialization continue to grow.

Progressing Cavity Pumps Sales Market Growth Drivers and Risks

Some of the key growth drivers and risks associated with the PCP sales market are as follows:

Rising global demand for oil and gas: Rising global demand for oil and gas is one of the primary drivers of the PCP sales market. PCP pumps are used in the extraction and production of oil and gas, making them an essential component of the industry.

Technological advancements: PCP technology has advanced significantly over the years, resulting in more efficient and reliable pumps. The use of advanced materials and control systems has also increased the PCP pumps' durability and performance, making them more appealing to buyers.

Some risks are included in this market:

Oil and gas industry reliance: The PCP sales market is heavily reliant on the oil and gas industry. Any industry downturn can have a significant impact on the demand for PCP pumps.

The PCP market is highly competitive, with many players offering similar products. This can result in price wars and margin pressures, lowering PCP pump sales profitability.

Progressing Cavity Pumps Sales Market Keyplayers

By Company

• Halliburton
• Schlumberger
• Sulzer
• Seepex
• General Electric (Baker Hughes)
• Netzsch
• Weatherford
• Borets
• PCM
• CIRCOR (Colfax Fluid Handling)

Progressing Cavity Pumps Sales Market Segmentations

By Type

• Dosing Pump
• Flanged Pump
• Hopper Pump
• Food Grade
• Others

By Application

• Oil & Gas
• Food & Beverage
• Water & Wastewater Management
• Others

Table of content

1 Progressing Cavity Pumps Market Overview

1.1 Progressing Cavity Pumps Product Scope

1.2 Progressing Cavity Pumps Segment by Type

1.2.1 Global Progressing Cavity Pumps Sales by Type (2018 & 2022 & 2029)

1.2.2 Dosing Pump

1.2.3 Flanged Pump

1.2.4 Hopper Pump

1.2.5 Food Grade

1.2.6 Others

1.3 Progressing Cavity Pumps Segment by Application

1.3.1 Global Progressing Cavity Pumps Sales Comparison by Application (2018 & 2022 & 2029)

1.3.2 Oil & Gas

1.3.3 Food & Beverage

1.3.4 Water & Wastewater Management

1.3.5 Others

1.4 Progressing Cavity Pumps Market Estimates and Forecasts (2018-2029)

1.4.1 Global Progressing Cavity Pumps Market Size in Value Growth Rate (2018-2029)

1.4.2 Global Progressing Cavity Pumps Market Size in Volume Growth Rate (2018-2029)

1.4.3 Global Progressing Cavity Pumps Price Trends (2018-2029)

2 Progressing Cavity Pumps Estimates and Forecasts by Region

2.1 Global Progressing Cavity Pumps Market Size by Region: 2018 VS 2022 VS 2029

2.2 Global Progressing Cavity Pumps Retrospective Market Scenario by Region (2018-2023)

2.2.1 Global Progressing Cavity Pumps Sales Market Share by Region (2018-2023)

2.2.2 Global Progressing Cavity Pumps Revenue Market Share by Region (2018-2023)

2.3 Global Progressing Cavity Pumps Market Estimates and Forecasts by Region (2024-2029)

2.3.1 Global Progressing Cavity Pumps Sales Estimates and Forecasts by Region (2024-2029)

2.3.2 Global Progressing Cavity Pumps Revenue Forecast by Region (2024-2029)

2.4 Geographic Market Analysis: Market Facts & Figures

2.4.1 United States Progressing Cavity Pumps Estimates and Projections (2018-2029)

2.4.2 Europe Progressing Cavity Pumps Estimates and Projections (2018-2029)

2.4.3 China Progressing Cavity Pumps Estimates and Projections (2018-2029)

2.4.4 Japan Progressing Cavity Pumps Estimates and Projections (2018-2029)

2.4.5 Southeast Asia Progressing Cavity Pumps Estimates and Projections (2018-2029)

2.4.6 India Progressing Cavity Pumps Estimates and Projections (2018-2029)

3 Global Progressing Cavity Pumps Competition Landscape by Players

3.1 Global Top Progressing Cavity Pumps Players by Sales (2018-2023)

3.2 Global Top Progressing Cavity Pumps Players by Revenue (2018-2023)

3.3 Global Progressing Cavity Pumps Market Share by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Progressing Cavity Pumps as of 2022)

3.4 Global Progressing Cavity Pumps Average Price by Company (2018-2023)

3.5 Manufacturers Progressing Cavity Pumps Manufacturing Sites, Area Served, Product Type

3.6 Manufacturers Mergers & Acquisitions, Expansion Plans

4 Global Progressing Cavity Pumps Market Size by Type

4.1 Global Progressing Cavity Pumps Historic Market Review by Type (2018-2023)

4.1.1 Global Progressing Cavity Pumps Sales by Type (2018-2023)

4.1.2 Global Progressing Cavity Pumps Revenue by Type (2018-2023)

4.1.3 Global Progressing Cavity Pumps Price by Type (2018-2023)

4.2 Global Progressing Cavity Pumps Market Estimates and Forecasts by Type (2024-2029)

4.2.1 Global Progressing Cavity Pumps Sales Forecast by Type (2024-2029)

4.2.2 Global Progressing Cavity Pumps Revenue Forecast by Type (2024-2029)

4.2.3 Global Progressing Cavity Pumps Price Forecast by Type (2024-2029)

5 Global Progressing Cavity Pumps Market Size by Application

5.1 Global Progressing Cavity Pumps Historic Market Review by Application (2018-2023)

5.1.1 Global Progressing Cavity Pumps Sales by Application (2018-2023)

5.1.2 Global Progressing Cavity Pumps Revenue by Application (2018-2023)

5.1.3 Global Progressing Cavity Pumps Price by Application (2018-2023)

5.2 Global Progressing Cavity Pumps Market Estimates and Forecasts by Application (2024-2029)

5.2.1 Global Progressing Cavity Pumps Sales Forecast by Application (2024-2029)

5.2.2 Global Progressing Cavity Pumps Revenue Forecast by Application (2024-2029)

5.2.3 Global Progressing Cavity Pumps Price Forecast by Application (2024-2029)

Toc Continue………………………..

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