The Positive Displacement Sanitary Pumps Market revenues were estimated at US$ 7.8 Bn in 2021 and is anticipated to grow at a CAGR of 8.9% from 2022-2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach a valuation of US$ 20.2 Bn.
India is projected to account for nearly 20% of the APAC positive displacement sanitary pumps market share by the end of 2032. Increasing activities in sectors like agriculture, wastewater management, and pharmaceutical industries post-COVID will have a huge impact on the overall GDP of the country. For this reason, the demand for industrial equipment like Positive Displacement Sanitary Pumps is projected to increase in the near future. India’s food and grocery business has been the world’s sixth largest, with retail accounting for 70% of total sales. Furthermore, food processing accounts for 32% of the whole food market.
Governments across India have established stringent legislation and regulations to address wastewater treatment in urban and industrial regions. Under the regulations, operators must implement water treatment systems in their operations to manage water scarcity issues. As a result, sewage treatment is likely to benefit the positive displacement sanitary pump sector significantly in the near future.
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According to Mr. Amitabh Kant, CEO of NITI Aayog, the value of wastewater treatment plants in India was US$ 2.4 Bn in 2019 which is predicted to climb to US$ 4.3 Bn by 2025, as the demand for municipal and sewage water treatment facilities increases across the country. The industry will have a high need for investment, which the private sector may be able to fulfil through technology selection, fund rotation, and execution.
Key Takeaways from the Market Study
● Global Positive Displacement Sanitary Pumps Market is estimated to account for a market size of US$ 8.7 Bn by 2022.
● The Rotary segment, is expected to account for the highest CAGR of 8.2% during the forecast period.
● China is projected to remain the most dominant market with an absolute dollar growth opportunity of US$ 1.6 Bn during 2022 – 2032.
● The market in India is set to experience the highest CAGR of 12.7% during the 2022-2032 forecast period.
“During the projected period, the rising consumer and food industry demand for processed foods in both developed and developing countries can become a key driver in raising the Positive Displacement Sanitary Pumps market revenue.” comments a Future Market Insights analyst.
Competitive Landscape
The market is fiercely competitive, where key players are increasingly focused to obtain a competitive advantage. The key companies in the Positive Displacement Sanitary Pumps Market are focused on R&D to produce innovative technological solutions.
· In June 2021, Quantex Arc Ltd., a provider of single-use precision pumping technology, was acquired by PSG, a Dover Corporation subsidiary. When the acquisition finalized, Quantex will be combined into Dover’s Pumps & Process Solutions segment’s PSG business unit. PSG’s presence in biopharma and other sanitary applications has expanded with the purchase of Quantex. Quantex’s recyclable product line will allow the business to broaden its single-use application reach in the biopharma, sanitary, food and beverage, and industrial sectors.
· In May 2021, Xylem Inc. announced that it has sold the Jabsco rotary lobe pump product line to the Verder Group. Verder’s position in sanitary pumps for pharmaceutical and food and beverage applications is strengthened by the purchase. The items will be offered under the “Jabsco by Packo” brand throughout the changeover phase. Packo is the Verder Liquids pumps division’s principal sanitary brand, and it comprises centrifugal, twin-screw, and lobe pumps
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Market Segments Covered in Positive Displacement Sanitary Pumps Analysis
By Pump Type:
- Rotary Positive Displacement Sanitary Pumps
- Rotary Lobe
- Twin Screw
- Progressive Cavity
- Eccentric Disc
- Gear
- Sinusoidal
- Hose
- Reciprocating Positive Displacement Sanitary Pumps
- Piston/Plunger
- Diaphragm
By End-Use:
- Food & Beverage
- Pharmaceutical
- Cosmetics
- Biotechnology
- Water Treatment Systems
- Textile
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
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