Market Overview:
The global mutliphase pumps market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas across the globe. Additionally, the growing demand for mutliphase pumps in onshore, offshore, subsea, and downhole applications is also contributing to the growth of this market. However, factors such as high installation and maintenance costs may restrain the growth of this market during the forecast period. On basis of type, twin-screw pump (TSP), helicoaxial pump (HAP), and progressing-cavity pump (PCP) are some of the key segments considered in this study. TSP held a major share of more than 60% in 2017 owing to its ability to handle high pressure and viscous fluids without any damage or wear & tear on components.
Product Definition:
Multiphase pumps are used to move fluids between different points in a system. They can move multiple types of fluids simultaneously and can handle higher volumes than single-phase pumps. Multiphase pumps are important for moving large quantities of fluid quickly and efficiently in process industries such as oil and gas, chemical processing, and water treatment.
Twin-screw Pump(TSP):
The twin-screw pump (TSP) is a mechanical device used to move fluid. It consists of two interlocking rotating screws, one inside the other. The movement of each screw generates pressure that can be applied to the fluids being pumped. TSPs are most commonly used in chemical plants for moving sludge or wastewater and in food & beverage industries for handling liquids such as fruit juices, milk, oil and sugar among others.
Helicoaxial Pump(HAP):
Helicoaxial pump (HAP) is a centrifugal pump with an axial flow of gas and liquid. Helicoaxial pumps are used for moving liquids and slurries in both vertical as well as horizontal directions. The working principle of the helicoaxial pump is based on the conservation of momentum, which states that the velocity acquired by a fluid increases exponentially as long as its input remains constant.
Application Insights:
Onshore was the dominant application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of onshore oil & gas production globally is one of the key factors driving demand for multi-phase pumps. Furthermore, increasing investments by governments in developing infrastructure for onshore oil & gas production are expected to further fuel market demand over the forecast period.
The offshore segment is anticipated to register a CAGR of XX% from 2018 to 2030 owing to rising investments in deepwater exploration activities across various regions including Latin America, Africa and Asia Pacific. Technological advancements coupled with growing expertise in pump selection for use in harsh environments are some of the factors that will drive product demand offshore during this same period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major players, availability of cheap labor, advanced manufacturing facilities and favorable government policies are some factors driving regional growth. China is estimated to be a key contributor in terms of revenue as well as volume during the forecast period owing to rapid industrialization coupled with large-scale investments by domestic manufacturers such as Sinopec Group and PetroChina Company.
The Middle East & Africa region is anticipated to witness significant growth over the next eight years owing to increasing demand for Mutliphase pumps from offshore wells across countries such as Saudi Arabia, UAE, Iran and Kuwait. In addition, rising exploration activities along with growing oil production in countries such as Nigeria will drive product demand further downstreamhole completion operations for enhanced oil recovery (EOR).
Growth Factors:
- Increasing demand from the process industries for energy-efficient and reliable pumping solutions
- Proliferation of microelectromechanical systems (MEMS) technology in pump manufacturing
- Growing popularity of variable frequency drives (VFDs) to control pump speed and optimize energy usage
- Rising concerns over water scarcity and the need to conserve this precious resource
- Advances in digital technologies that are enabling more intelligent, predictive, and adaptive pumping systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Mutliphase Pumps Market Research Report
By Type
Twin-screw Pump(TSP), Helicoaxial Pump(HAP), Progressing-cavity Pump(PCP)
By Application
Onshore, Offshore, Subsea, Downhole
By Companies
Sulzer, ITT Bornemann GmbH, Maag, Leistritz, Colfax Corporation, Novomet, Kosaka Laboratory Ltd, HMS Group, Flowserve, Tianjin Pumps & Machinery Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Mutliphase Pumps Market Report Segments:
The global Mutliphase Pumps market is segmented on the basis of:
Types
Twin-screw Pump(TSP), Helicoaxial Pump(HAP), Progressing-cavity Pump(PCP)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Onshore, Offshore, Subsea, Downhole
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Sulzer
- ITT Bornemann GmbH
- Maag
- Leistritz
- Colfax Corporation
- Novomet
- Kosaka Laboratory Ltd
- HMS Group
- Flowserve
- Tianjin Pumps & Machinery Group
Highlights of The Mutliphase Pumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Twin-screw Pump(TSP)
- Helicoaxial Pump(HAP)
- Progressing-cavity Pump(PCP)
- By Application:
- Onshore
- Offshore
- Subsea
- Downhole
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Mutliphase Pumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Mutliphase pumps are a type of pump that can move fluid through a variety of different media. They are used in industries such as water, oil, and gas production.
Some of the key players operating in the mutliphase pumps market are Sulzer, ITT Bornemann GmbH, Maag, Leistritz, Colfax Corporation, Novomet, Kosaka Laboratory Ltd, HMS Group, Flowserve, Tianjin Pumps & Machinery Group.
The mutliphase pumps market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Mutliphase Pumps Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Mutliphase Pumps Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mutliphase Pumps Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Mutliphase Pumps Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Mutliphase Pumps Market Size & Forecast, 2020-2028
4.5.1 Mutliphase Pumps Market Size and Y-o-Y Growth
4.5.2 Mutliphase Pumps Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Twin-screw Pump(TSP)
5.2.2 Helicoaxial Pump(HAP)
5.2.3 Progressing-cavity Pump(PCP)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Onshore
6.2.2 Offshore
6.2.3 Subsea
6.2.4 Downhole
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mutliphase Pumps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Mutliphase Pumps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Twin-screw Pump(TSP)
9.6.2 Helicoaxial Pump(HAP)
9.6.3 Progressing-cavity Pump(PCP)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Onshore
9.10.2 Offshore
9.10.3 Subsea
9.10.4 Downhole
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Twin-screw Pump(TSP)
10.6.2 Helicoaxial Pump(HAP)
10.6.3 Progressing-cavity Pump(PCP)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Onshore
10.10.2 Offshore
10.10.3 Subsea
10.10.4 Downhole
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Twin-screw Pump(TSP)
11.6.2 Helicoaxial Pump(HAP)
11.6.3 Progressing-cavity Pump(PCP)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Onshore
11.10.2 Offshore
11.10.3 Subsea
11.10.4 Downhole
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Twin-screw Pump(TSP)
12.6.2 Helicoaxial Pump(HAP)
12.6.3 Progressing-cavity Pump(PCP)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Onshore
12.10.2 Offshore
12.10.3 Subsea
12.10.4 Downhole
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Twin-screw Pump(TSP)
13.6.2 Helicoaxial Pump(HAP)
13.6.3 Progressing-cavity Pump(PCP)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Onshore
13.10.2 Offshore
13.10.3 Subsea
13.10.4 Downhole
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Mutliphase Pumps Market: Competitive Dashboard
14.2 Global Mutliphase Pumps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sulzer
14.3.2 ITT Bornemann GmbH
14.3.3 Maag
14.3.4 Leistritz
14.3.5 Colfax Corporation
14.3.6 Novomet
14.3.7 Kosaka Laboratory Ltd
14.3.8 HMS Group
14.3.9 Flowserve
14.3.10 Tianjin Pumps & Machinery Group
