Market Overview:
The global twin screw multiphase pumps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. Twin screw multiphase pumps are used for pumping crude oil, natural gas, and other fluids in various industries such as oil & gas production, petrochemical processing, and others. These pumps are also used in desert oil fields, beach-sea oil fields, offshore platforms and wellheads applications. The North America region is expected to hold the largest share of the global twin screw multiphase pump market during the forecast period from 2018 to 2030 followed by Europe and Asia Pacific regions respectively.
Product Definition:
A twin screw multiphase pump is a type of centrifugal pump that uses two screws (rotors) to move liquid and gas through the pump. Twin screw pumps are used for a variety of applications, including pumping oil and gas wells, moving fuel in ships, and transferring water in power plants.
Twin-screw pump (TSP):
The twin-screw pump (TSP) is a mechanical device used to move fluid. It consists of two interlocking rotating impellers mounted in a common housing. One of the impellers is driven by a motor and the other one follows it, creating vacuum or pressure difference to drive the fluid movement.
Helicoaxial pump (HAP):
Helicoaxial pump (HAP) is a type of twin-screw multiphase pump. It uses two independent rotating screws to transfer fluid at the same time, but in different directions. The advantage of using HAP over other types of twin-screw pumps is that it can handle high viscosity fluids with low pumping speed and still deliver optimum performance.
Application Insights:
The crude oil segment dominated the global twin-screw multiphase pumps market in 2017, accounting for a share of over 40.0% by revenue. The growth can be attributed to the rising demand for petroleum products across the globe. In addition, growing investments in developing new sources of crude oil and gas are expected to augment product demand over the forecast period.
Natural gas is anticipated to emerge as one of the fastest-growing segments during the forecast period owing to increasing natural gas production worldwide coupled with rising use of processed natural gas in industrial applications such as power generation and fertilizer manufacturing among others.
Regional Analysis:
Asia Pacific dominated the global twin-screw multiphase pumps market in 2016 and is expected to continue its dominance over the forecast period. The region accounted for a volume share of more than 60% in 2016 owing to large scale investments made by major players such as Ssangyong, Hyundai Heavy Industries Co., Ltd., and KAIKAI Corporation. In addition, rising demand from end-users such as chemical processing plants, power generation facilities, desalination plants is anticipated to drive product demand over the next eight years.
The Asia Pacific was followed by Europe which accounted for 20% of total market share in 2016 owing to high product penetration along with growing offshore activities across countries including Russia and UK. Middle East & Africa also contributed significantly towards overall industry growth due to increasing oil production levels mainly from Saudi Arabia and UAE coupled with steady growth witnessed in other countries including Iran and Kuwait will have a positive impact on industry expansion over the coming years.
Growth Factors:
- Increasing demand for Twin Screw Multiphase Pumps in the oil and gas industry as a result of the rise in exploration and production activities.
- Growing demand for Twin Screw Multiphase Pumps from power generation sector due to increasing installation of combined cycle plants.
- Rising popularity of Twin Screw Multiphase Pumps in chemical processing industries on account of their ability to handle high-viscosity fluids efficiently.
- Increasing adoption of Twin Screw Multiphase Pumps across various end-use segments owing to their superior performance characteristics and low maintenance requirements.
Scope Of The Report
Report Attributes
Report Details
Report Title
Twin Screw Multiphase Pumps Market Research Report
By Type
Twin-screw pump (TSP), Helicoaxial pump (HAP), Progressing-cavity pump (PCP)
By Application
Crude oil, Natural gas, Desert oil field, Beach-sea oil field, Offshore platform, Wellhead
By Companies
ITT Bornemann GmbH, Flowserve, Maag, Pump Solutions Group, Leistritz, Can-K, Colfax Warren Pumps, Kosaka Laboratory Ltd, HMS 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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Twin Screw Multiphase Pumps Market Report Segments:
The global Twin Screw Multiphase 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
Crude oil, Natural gas, Desert oil field, Beach-sea oil field, Offshore platform, Wellhead
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:
- ITT Bornemann GmbH
- Flowserve
- Maag
- Pump Solutions Group
- Leistritz
- Can-K
- Colfax Warren Pumps
- Kosaka Laboratory Ltd
- HMS Group
Highlights of The Twin Screw Multiphase 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:
- Crude oil
- Natural gas
- Desert oil field
- Beach-sea oil field
- Offshore platform
- Wellhead
- 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 Twin Screw Multiphase 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.
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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?
Twin screw multiphase pumps are a type of centrifugal pump that use two rotating impellers to move fluid. This design allows the pump to operate at higher speeds and with greater efficiency than traditional single-screw pumps. Twin screw multiphase pumps are used in a variety of applications, including water treatment, oil and gas production, and food processing.
Some of the major companies in the twin screw multiphase pumps market are ITT Bornemann GmbH, Flowserve, Maag, Pump Solutions Group, Leistritz, Can-K, Colfax Warren Pumps, Kosaka Laboratory Ltd, HMS Group.
The twin screw multiphase pumps 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. Twin Screw Multiphase Pumps 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. Twin Screw Multiphase Pumps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Twin Screw Multiphase Pumps Market - Supply Chain
4.5. Global Twin Screw Multiphase Pumps Market Forecast
4.5.1. Twin Screw Multiphase Pumps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Twin Screw Multiphase Pumps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Twin Screw Multiphase Pumps Market Absolute $ Opportunity
5. Global Twin Screw Multiphase Pumps 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. Twin Screw Multiphase Pumps Market Size and Volume Forecast by Type
5.3.1. Twin-screw pump (TSP)
5.3.2. Helicoaxial pump (HAP)
5.3.3. Progressing-cavity pump (PCP)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Twin Screw Multiphase Pumps 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. Twin Screw Multiphase Pumps Market Size and Volume Forecast by Application
6.3.1. Crude oil
6.3.2. Natural gas
6.3.3. Desert oil field
6.3.4. Beach-sea oil field
6.3.5. Offshore platform
6.3.6. Wellhead
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Twin Screw Multiphase Pumps 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. Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps 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. Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps Demand Share Forecast, 2019-2026
9. North America Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps Market Size and Volume Forecast by Application
9.4.1. Crude oil
9.4.2. Natural gas
9.4.3. Desert oil field
9.4.4. Beach-sea oil field
9.4.5. Offshore platform
9.4.6. Wellhead
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Twin Screw Multiphase Pumps Market Size and Volume Forecast by Type
9.7.1. Twin-screw pump (TSP)
9.7.2. Helicoaxial pump (HAP)
9.7.3. Progressing-cavity pump (PCP)
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 Twin Screw Multiphase Pumps Demand Share Forecast, 2019-2026
10. Latin America Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps Market Size and Volume Forecast by Application
10.4.1. Crude oil
10.4.2. Natural gas
10.4.3. Desert oil field
10.4.4. Beach-sea oil field
10.4.5. Offshore platform
10.4.6. Wellhead
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Twin Screw Multiphase Pumps Market Size and Volume Forecast by Type
10.7.1. Twin-screw pump (TSP)
10.7.2. Helicoaxial pump (HAP)
10.7.3. Progressing-cavity pump (PCP)
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 Twin Screw Multiphase Pumps Demand Share Forecast, 2019-2026
11. Europe Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps Market Size and Volume Forecast by Application
11.4.1. Crude oil
11.4.2. Natural gas
11.4.3. Desert oil field
11.4.4. Beach-sea oil field
11.4.5. Offshore platform
11.4.6. Wellhead
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Twin Screw Multiphase Pumps Market Size and Volume Forecast by Type
11.7.1. Twin-screw pump (TSP)
11.7.2. Helicoaxial pump (HAP)
11.7.3. Progressing-cavity pump (PCP)
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 Twin Screw Multiphase Pumps Demand Share, 2019-2026
12. Asia Pacific Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps Market Size and Volume Forecast by Application
12.4.1. Crude oil
12.4.2. Natural gas
12.4.3. Desert oil field
12.4.4. Beach-sea oil field
12.4.5. Offshore platform
12.4.6. Wellhead
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Twin Screw Multiphase Pumps Market Size and Volume Forecast by Type
12.7.1. Twin-screw pump (TSP)
12.7.2. Helicoaxial pump (HAP)
12.7.3. Progressing-cavity pump (PCP)
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 Twin Screw Multiphase Pumps Demand Share, 2019-2026
13. Middle East & Africa Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps 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 Twin Screw Multiphase Pumps Market Size and Volume Forecast by Application
13.4.1. Crude oil
13.4.2. Natural gas
13.4.3. Desert oil field
13.4.4. Beach-sea oil field
13.4.5. Offshore platform
13.4.6. Wellhead
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Twin Screw Multiphase Pumps Market Size and Volume Forecast by Type
13.7.1. Twin-screw pump (TSP)
13.7.2. Helicoaxial pump (HAP)
13.7.3. Progressing-cavity pump (PCP)
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 Twin Screw Multiphase Pumps Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Twin Screw Multiphase Pumps Market: Market Share Analysis
14.2. Twin Screw Multiphase Pumps Distributors and Customers
14.3. Twin Screw Multiphase Pumps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ITT Bornemann GmbH
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Flowserve
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maag
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Pump Solutions Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Leistritz
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Can-K
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Colfax Warren Pumps
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Kosaka Laboratory Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. HMS Group
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
