Market Overview:
The global multi-phase production pump market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for oil and gas across the globe. Additionally, the growing industrialization and urbanization in developing countries are also contributing to the growth of this market. The global multi-phase production pump market is segmented on the basis of type, application, and region. On the basis of type, it is divided into twin-screw pumps, piston pumps, helicoaxial pumps, and others (including gear pumps and vane pumps). Twin screw pumps are expected to dominate this market duringthe forecast period owingto their high efficiencyand ability tomaintain a constant flow rate even under varying pressure conditions. Pistonpumps are alsoexpectedtogrow at asubstantial rateduringthe forecastperioddue tobetheir low costand easy maintenance requirements.
Product Definition:
A multi-phase production pump is a device that is used to move fluids between different points in a process. Multi-phase production pumps are often used in oil and gas extraction, where they are responsible for moving liquids and gases between the wellhead and the processing facilities. Multi-phase production pumps can also be found in other industrial applications, such as water treatment or chemical processing.
Twin-Screw Pumps:
The twin-screw pumps are used in multi-phase production pump market for transferring fluids with high viscosity and high pressure. The product is widely used in various industries such as chemical, oil & gas, power generation, etc. It’s ability to handle a variety of liquids at the same time has increased its application scope across various end-use industries.
Increasing demand for crude oil and natural gas from emerging economies like India.
Piston Pumps:
Piston pumps are mechanical devices used to move fluid. They can be used for transferring fuel from one place to another in an automobile engine or for moving liquids in chemical plants. The basic operation of a piston pump is similar to that of a reciprocating engine, i.e., it uses the force of combustion (pulse) and suction (negative) strokes working against each other to transfer liquid or gas between two points.
Application Insights:
The manufacturing application segment dominated the global multi-phase production pump market in 2017, accounting for a share of over 40.0%. The growth can be attributed to increasing industrialization and construction activities in emerging economies such as India and China. These pumps are used for various applications including chemical processing, oil & gas, food & beverage processing, pulp & paper refining among others.
Mining is expected to emerge as the fastest growing segment during the forecast period owing to rising demand from copper (Chile), gold (Peru), silver (Argentina) and other metal mines across the world. Copper mine Chile plans investments worth USD 13 billion over next four years which includes expanding its mining capacity by 50% along with creating 3 thousand new jobs by 2019 end. This is likely to boost industry expansion during future phases leading to increased demand for electric motors that drive pumps in underground mines across Chile.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has witnessed a surge in demand for multi-phase production pumps owing to increasing investments in various sectors, including manufacturing, mining, and others. China is one of the largest markets for these pumps due to its rapidly expanding industrial sector.
The Middle East & Africa market was valued at USD X million in 2017 and is projected to grow at a significant rate over the forecast period owing to rising oil & gas E&P activities across countries such as Saudi Arabia and UAE along with growing water desalination capacities across Oman and Qatar are anticipated drive regional growth over the next eight years (2018– 2030).
Growth Factors:
- Increasing demand from the end-user industries for efficient and reliable pumps for various applications
- Growing investments in manufacturing and processing sectors, which is expected to drive the demand for multi-phase production pumps over the forecast period
- Proliferation of new technologies and products that offer better performance as compared to traditional pumps
- Rising awareness about energy conservation measures across various industrial verticals
- Growing inclination of consumers towards advanced pump technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-Phase Production Pump Market Research Report
By Type
Twin-Screw Pumps, Piston Pumps, Helicoaxial Pumps
By Application
Mining, Manufacturing, Others
By Companies
Petrofac Limited, TechnipFMC plc, Sulzer Ltd., CIRCOR International, Aker Solutions, ITT BORNEMANN GmbH, National Oilwell Varco, NOVOMET, Leistritz Advanced Technologies Corp.
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Multi-Phase Production Pump Market Report Segments:
The global Multi-Phase Production Pump market is segmented on the basis of:
Types
Twin-Screw Pumps, Piston Pumps, Helicoaxial 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
Mining, Manufacturing, Others
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:
- Petrofac Limited
- TechnipFMC plc
- Sulzer Ltd.
- CIRCOR International
- Aker Solutions
- ITT BORNEMANN GmbH
- National Oilwell Varco
- NOVOMET
- Leistritz Advanced Technologies Corp.
Highlights of The Multi-Phase Production 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:
- Twin-Screw Pumps
- Piston Pumps
- Helicoaxial Pumps
- By Application:
- Mining
- Manufacturing
- Others
- 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 Multi-Phase Production 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.
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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?
A multi-phase production pump is a type of pump that can move fluid in multiple directions simultaneously. This allows the pump to handle larger volumes and higher pressures than single-phase pumps.
Some of the key players operating in the multi-phase production pump market are Petrofac Limited, TechnipFMC plc, Sulzer Ltd., CIRCOR International, Aker Solutions, ITT BORNEMANN GmbH, National Oilwell Varco, NOVOMET, Leistritz Advanced Technologies Corp..
The multi-phase production pump market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi-Phase Production Pump Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multi-Phase Production Pump Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi-Phase Production Pump Market - Supply Chain
4.5. Global Multi-Phase Production Pump Market Forecast
4.5.1. Multi-Phase Production Pump Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi-Phase Production Pump Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi-Phase Production Pump Market Absolute $ Opportunity
5. Global Multi-Phase Production Pump Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multi-Phase Production Pump Market Size and Volume Forecast by Type
5.3.1. Twin-Screw Pumps
5.3.2. Piston Pumps
5.3.3. Helicoaxial Pumps
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi-Phase Production Pump Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multi-Phase Production Pump Market Size and Volume Forecast by Application
6.3.1. Mining
6.3.2. Manufacturing
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi-Phase Production Pump Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multi-Phase Production Pump Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multi-Phase Production Pump Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multi-Phase Production Pump Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multi-Phase Production Pump Demand Share Forecast, 2019-2026
9. North America Multi-Phase Production Pump Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multi-Phase Production Pump Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multi-Phase Production Pump Market Size and Volume Forecast by Application
9.4.1. Mining
9.4.2. Manufacturing
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi-Phase Production Pump Market Size and Volume Forecast by Type
9.7.1. Twin-Screw Pumps
9.7.2. Piston Pumps
9.7.3. Helicoaxial Pumps
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multi-Phase Production Pump Demand Share Forecast, 2019-2026
10. Latin America Multi-Phase Production Pump Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multi-Phase Production Pump Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multi-Phase Production Pump Market Size and Volume Forecast by Application
10.4.1. Mining
10.4.2. Manufacturing
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi-Phase Production Pump Market Size and Volume Forecast by Type
10.7.1. Twin-Screw Pumps
10.7.2. Piston Pumps
10.7.3. Helicoaxial Pumps
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multi-Phase Production Pump Demand Share Forecast, 2019-2026
11. Europe Multi-Phase Production Pump Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multi-Phase Production Pump Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multi-Phase Production Pump Market Size and Volume Forecast by Application
11.4.1. Mining
11.4.2. Manufacturing
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi-Phase Production Pump Market Size and Volume Forecast by Type
11.7.1. Twin-Screw Pumps
11.7.2. Piston Pumps
11.7.3. Helicoaxial Pumps
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multi-Phase Production Pump Demand Share, 2019-2026
12. Asia Pacific Multi-Phase Production Pump Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multi-Phase Production Pump Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multi-Phase Production Pump Market Size and Volume Forecast by Application
12.4.1. Mining
12.4.2. Manufacturing
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi-Phase Production Pump Market Size and Volume Forecast by Type
12.7.1. Twin-Screw Pumps
12.7.2. Piston Pumps
12.7.3. Helicoaxial Pumps
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multi-Phase Production Pump Demand Share, 2019-2026
13. Middle East & Africa Multi-Phase Production Pump Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multi-Phase Production Pump Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multi-Phase Production Pump Market Size and Volume Forecast by Application
13.4.1. Mining
13.4.2. Manufacturing
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi-Phase Production Pump Market Size and Volume Forecast by Type
13.7.1. Twin-Screw Pumps
13.7.2. Piston Pumps
13.7.3. Helicoaxial Pumps
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multi-Phase Production Pump Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multi-Phase Production Pump Market: Market Share Analysis
14.2. Multi-Phase Production Pump Distributors and Customers
14.3. Multi-Phase Production Pump Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Petrofac Limited
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. TechnipFMC plc
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sulzer Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CIRCOR International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Aker Solutions
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ITT BORNEMANN GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. National Oilwell Varco
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. NOVOMET
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Leistritz Advanced Technologies Corp.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
