The rotary pump is a positive displacement pump whereby a “moving chamber” is created between a pair of rotating elements or rotors and between a single rotor and pump housing. Rotary pumps are used for pumping liquids, for instance, oil and other viscous fluids. The rotary pumps are used for managing lube oils, fuel oils, and a wide variety of liquids. The rotary pumps have small clearances between rotating parts and the stationary parts to reduce the leakage from the discharging side back to the suction side with extraordinary design benefits, these pumps present as one of the most flexible pumping solutions which can handle elevated viscosity fluids in an enormous range of industrial applications.
According to the study, “Global Rotary Pump Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the rotary pump market of Atlas Copco AB,IDEX Corporation, Gardner Denver, Viking Pump, Colfax Corporation, Pfeiffer Vacuum GmbH, Boerger, Busch Group, ULVAC Inc., Xylem Inc., Netzsch Pumpen, SPX Corporation, INOXPA India Pvt Ltd., Osaka Vacuum Ltd., Tuthill, PSG, Albin Pump SAS, Vogelsang, Dover Corporation, Tushaco Pumps, CIRCOR International. The rotary pump manufacturers are expected to take advantage of associated with infrastructure development and a rise in industrial expenditure is driven by a boost in the number of power plants over the globe.
Based on product type, global rotary pump market is segmented into the gear pump, screw pump, progressive cavity (PC) pump, moving vane pump, and lobe pump. Based on the component, the market is segmented into the pumping chamber, end plates, casing, rotating assembly, seal, seal chamber, and relief valves. Based on pump characteristics, the market is segmented into engineered pumps, standard pumps, and special purpose pumps. Based on raw material, the market is segmented into bronze, cast iron, polycarbonate, and stainless steel. Based on the distribution channel, the market is segmented into the offline channel and online channel. Based on application, the market is segmented into wind turbines, processing equipment, and hydraulic fracturing trucks. Additionally, based on industry, the market is segmented into oil & gas, chemical & petrochemical, pharmacy, power generation, food & beverage, water & wastewater, machinery industry, pharmaceutical, and others.
The global rotary pump market is driven by a focus on retrofitting of existing & energy-efficient pumps, followed by the focus on wastewater management systems over most of developing countries, growing demand for food processing, increasing disposable income and incorporation of technologies. Apart from benefits, some of the hindering factors are stringent regulations on energy efficiency & emission standards and volatility over the oil prices. In addition, an increase in industrialization trends over the emerging economies is expected to provide a major opportunity over the market.
The Asia Pacific is anticipated to grow over the global rotary pump market caused by high demand for rotary pumps and growth of various end-user industries such as mining, wastewater, power, and chemical. Moreover, the rise in urbanization and growth in population in the region is expected to increase demand for electricity, oil & gas, and chemicals in the developing economies such as Indonesia, China, and India. The market is expected to see an increasing rise in sales due to higher infrastructure facilities. However, the rise in demand for centrifugal pumps is likely to inhibit the market in the near future. Furthermore, the increase in investments in wastewater treatment plants in emerging countries is projected to boost the rotary pump market over the forecast period.
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Ankur Gupta, Head Marketing & Communications