Market Overview:
The global oil and gas centrifugal pump market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for oil and gas across the globe. Additionally, rising investments in exploration and exploitation activities are also propelling the growth of this market. Based on type, axial flow pumps accounted for a major share of the global oil and gas centrifugal pump market in 2017. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high efficiency and low maintenance requirements.
Product Definition:
An oil and gas centrifugal pump is a type of pump that is used to move fluids, such as water or oil, through a pipeline. These pumps are important for the oil and gas industry because they are able to move large amounts of fluid quickly and efficiently.
Axial Flow Pumps:
Axial flow pumps are used in various applications such as water & wastewater treatment, food processing and chemical industries. Axial flow pump is a mechanical device which aids in transferring fluids from one point to another without the loss of matter or energy. It is usually used for moving liquids or slurries in industrial environments where high viscosity can cause problems due to entrainment of air and formation of emulsion.
Mixed/Radial Flow Pumps:
A mixed flow pump is a type of centrifugal pump that uses both radial and axial impellers to move fluid. The main difference between a mixed flow and a radial flow pump is the way the fluid movement takes place. In mixed flow pumps, both the impellers work simultaneously whereas in case of radial flow pumps only one impeller works at a time i.e.
Application Insights:
Pipeline transportation application segment is expected to dominate the global oil and gas centrifugal pumps market over the forecast period owing to its ability to transfer liquids with minimal pressure loss. Centrifugal pumps are used in petroleum refineries, petrochemical plants, natural gas processing plants, LNG production facilities and other industries where liquid hydrocarbons are required for a variety of applications.
Exploration and exploitation is estimated to be the fastest-growing segment from 2018 to 2030 due centennial growth in onshore activities across major economies such as China India U.S., Brazil etcetera which will result in increased demand for rotary drilling equipment including centrifugal pumps.
Regional Analysis:
North America accounted for the largest market share in 2017. The region is expected to witness a rise in demand on account of increasing oil production and exploration activities across countries such as the U.S., Canada, and Mexico. In addition, rising offshore projects are anticipated to drive product demand over the forecast period.
The Asia Pacific is estimated to be one of the fastest-growing regions owing to growing energy requirements coupled with an increase in industrial output across emerging economies such as China and India; which will result into increased centrifugal pump sales over the next eight years.
Growth Factors:
- Increasing demand for oil and gas across the globe
- Rising investments in the oil and gas sector
- Growing number of drilling activities for exploration of new reserves
- Technological advancements in centrifugal pumps that improve performance and efficiency
- Increasing focus on renewable sources of energy
Scope Of The Report
Report Attributes
Report Details
Report Title
Oil & Gas Centrifugal Pump Market Research Report
By Type
Axial Flow Pumps, Mixed/Radial Flow Pumps, Peripheral Pumps, Jet Pumps
By Application
Exploration and Exploitation, PipelineTransportation, Machining
By Companies
Milton Roy, Sulzer, Xylem, Grundfos, Franklin Electric, Alfa Laval, Flowserve, Gardner Denver, GE Oil & Gas, KSB, HMS, Weir Group, Lewa
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Oil & Gas Centrifugal Pump Market Report Segments:
The global Oil & Gas Centrifugal Pump market is segmented on the basis of:
Types
Axial Flow Pumps, Mixed/Radial Flow Pumps, Peripheral Pumps, Jet Pumps
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
Exploration and Exploitation, PipelineTransportation, Machining
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:
- Milton Roy
- Sulzer
- Xylem
- Grundfos
- Franklin Electric
- Alfa Laval
- Flowserve
- Gardner Denver
- GE Oil & Gas
- KSB
- HMS
- Weir Group
- Lewa
Highlights of The Oil & Gas Centrifugal Pump 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:
- Axial Flow Pumps
- Mixed/Radial Flow Pumps
- Peripheral Pumps
- Jet Pumps
- By Application:
- Exploration and Exploitation
- PipelineTransportation
- Machining
- 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 Oil & Gas Centrifugal Pump 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
An oil and gas centrifugal pump is a type of pump that uses the principles of centrifugal force to move fluid. Centrifugal pumps are used in many applications, including water treatment, mining, and chemical processing.
Some of the major companies in the oil & gas centrifugal pump market are Milton Roy, Sulzer, Xylem, Grundfos, Franklin Electric, Alfa Laval, Flowserve, Gardner Denver, GE Oil & Gas, KSB, HMS, Weir Group, Lewa.
The oil & gas centrifugal pump market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Oil & Gas Centrifugal Pump 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 Oil & Gas Centrifugal Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Oil & Gas Centrifugal Pump 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 Oil & Gas Centrifugal Pump 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 Oil & Gas Centrifugal Pump Market Size & Forecast, 2018-2028
4.5.1 Oil & Gas Centrifugal Pump Market Size and Y-o-Y Growth
4.5.2 Oil & Gas Centrifugal Pump Market Absolute $ Opportunity
Chapter 5 Global Oil & Gas Centrifugal Pump 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 Oil & Gas Centrifugal Pump Market Size Forecast by Type
5.2.1 Axial Flow Pumps
5.2.2 Mixed/Radial Flow Pumps
5.2.3 Peripheral Pumps
5.2.4 Jet Pumps
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Oil & Gas Centrifugal Pump 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 Oil & Gas Centrifugal Pump Market Size Forecast by Applications
6.2.1 Exploration and Exploitation
6.2.2 PipelineTransportation
6.2.3 Machining
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Oil & Gas Centrifugal Pump 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 Oil & Gas Centrifugal Pump 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 Oil & Gas Centrifugal Pump Analysis and Forecast
9.1 Introduction
9.2 North America Oil & Gas Centrifugal Pump 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 Oil & Gas Centrifugal Pump Market Size Forecast by Type
9.6.1 Axial Flow Pumps
9.6.2 Mixed/Radial Flow Pumps
9.6.3 Peripheral Pumps
9.6.4 Jet Pumps
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 Oil & Gas Centrifugal Pump Market Size Forecast by Applications
9.10.1 Exploration and Exploitation
9.10.2 PipelineTransportation
9.10.3 Machining
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 Oil & Gas Centrifugal Pump Analysis and Forecast
10.1 Introduction
10.2 Europe Oil & Gas Centrifugal Pump 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 Oil & Gas Centrifugal Pump Market Size Forecast by Type
10.6.1 Axial Flow Pumps
10.6.2 Mixed/Radial Flow Pumps
10.6.3 Peripheral Pumps
10.6.4 Jet Pumps
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 Oil & Gas Centrifugal Pump Market Size Forecast by Applications
10.10.1 Exploration and Exploitation
10.10.2 PipelineTransportation
10.10.3 Machining
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 Oil & Gas Centrifugal Pump Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Oil & Gas Centrifugal Pump 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 Oil & Gas Centrifugal Pump Market Size Forecast by Type
11.6.1 Axial Flow Pumps
11.6.2 Mixed/Radial Flow Pumps
11.6.3 Peripheral Pumps
11.6.4 Jet Pumps
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 Oil & Gas Centrifugal Pump Market Size Forecast by Applications
11.10.1 Exploration and Exploitation
11.10.2 PipelineTransportation
11.10.3 Machining
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 Oil & Gas Centrifugal Pump Analysis and Forecast
12.1 Introduction
12.2 Latin America Oil & Gas Centrifugal Pump 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 Oil & Gas Centrifugal Pump Market Size Forecast by Type
12.6.1 Axial Flow Pumps
12.6.2 Mixed/Radial Flow Pumps
12.6.3 Peripheral Pumps
12.6.4 Jet Pumps
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 Oil & Gas Centrifugal Pump Market Size Forecast by Applications
12.10.1 Exploration and Exploitation
12.10.2 PipelineTransportation
12.10.3 Machining
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) Oil & Gas Centrifugal Pump Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Oil & Gas Centrifugal Pump 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) Oil & Gas Centrifugal Pump Market Size Forecast by Type
13.6.1 Axial Flow Pumps
13.6.2 Mixed/Radial Flow Pumps
13.6.3 Peripheral Pumps
13.6.4 Jet Pumps
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) Oil & Gas Centrifugal Pump Market Size Forecast by Applications
13.10.1 Exploration and Exploitation
13.10.2 PipelineTransportation
13.10.3 Machining
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 Oil & Gas Centrifugal Pump Market: Competitive Dashboard
14.2 Global Oil & Gas Centrifugal Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Milton Roy
14.3.2 Sulzer
14.3.3 Xylem
14.3.4 Grundfos
14.3.5 Franklin Electric
14.3.6 Alfa Laval
14.3.7 Flowserve
14.3.8 Gardner Denver
14.3.9 GE Oil & Gas
14.3.10 KSB
14.3.11 HMS
14.3.12 Weir Group
14.3.13 Lewa
