US Progressive Cavity Pump Market 2024–2033

Reports Description

The CMI Team’s most recent market research predicts that from 2024 to 2033, the US Progressive Cavity Pump Market will grow at a CAGR of 4.67%. In 2024, the market size is projected to reach a valuation of USD 567.37 Million. By 2033, the valuation is anticipated to reach USD 855.59 Million.

Progressive cavity pumps (PCPs) a kind of displacement pump commonly employed for transferring fluids of viscosities use a helical rotor turning inside a stator to generate cavities that move the fluid from the entrance, to the exit point. The food and beverage sector, in the United States has experienced expansion owing to escalating consumer requests resulting in output levels.

Progressive cavity pumps play a role in managing quantities of food items with high consistency and quality intact, particularly those like sauces and syrups that have thick textures or pastes and dough that require special handling in mass production settings.

US Progressive Cavity Pump Market – Significant Growth Factors

The US Progressive Cavity Pump Market presents significant growth opportunities due to several factors:

• High demand in the oil and gas industry: There is an increasing requirement for effective methods of oil disposal. This is especially true in unconventional oil fields like heavy oil and bitumen. There is an upsurge in demand for pumps that can withstand high-viscous liquids and corrosive elements.

• Further technological advancement: The advanced cavity pump has experienced increased technological advancement. It has been integrated with automatic and intelligent pumps, which increase efficiency and reduce downtime. Innovations such as Weatherford’s WellPilot FCT and IoT integration ensure performance is monitored in real time. Predictive maintenance prolongs the pump’s life and minimizes operating costs.

• Increased demand for water and wastewater treatment: In a rapidly expanding world, there is a growing demand for clean and pure municipal and industrial water as well as effective wastewater treatment facilities. This puts pressure on the use of progressive cavity pumps, which are very suitable for managing fluids carrying a wide range of viscosity and solid material. These pressures are most acutely felt in areas facing water shortages and pollution.

• Rising Food and Beverage Industry: Hygiene and efficiency in pumping viscous and shear-sensitive products are crucial for the food and beverage industry. Progressive cavity pumps are best suited for these because they handle products with the gentlest touch and precise flow control so that the integrity of products is well maintained. Changing pump design and consumers’ preferred quality and safety are driving the US progressive cavity pump market.

• Industrial Process Efficiency: Progressive cavity pumps are useful in various industrial processes because they can pump fluids, including slurries, chemicals, and adhesives. The use of this pump offers a cost advantage since it engages in activities with low maintenance activities and high performance. It is also very attractive to industries seeking improvement in process efficiency and reduced costs associated with operation.

• New Material Science and Progressive Cavity: World-class companies rely upon novel materials like highly advanced elastomers and corrosion-resistant alloys to increase the durability and efficiency of progressive cavity pumps in remote locations with hostile environments.

US Progressive Cavity Pump Market – Mergers and Acquisitions

The US Progressive Cavity Pump Market has seen several mergers and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of mergers and acquisitions in the US Progressive Cavity Pump Market include:

• In July 2023, Dover Corporation announced that Blackmer would add the System One Pump to its product line, complementing its vane, progressing cavity, hose, and eccentric disc pumps. The A.W. Chesterton Company’s System One Pump offers distinctive features like motor adapters, labyrinth seals, oversized seal chambers, and the industry’s best pump shaft stiffness ratio. This acquisition will enhance Blackmer’s growth potential and help it become a dominant solution provider.

• In August 2022, Ingersoll Rand will acquire Holtec Gas Systems LLC, Shanghai Hanye Air Purifying Technology Co., Ltd, and Hydro Prokav Pumps (India) Private Limited for a combined cash purchase price of $35 million. The acquisition will expand Ingersoll Rand’s air treatment capabilities and compressor ecosystem offerings. Holtec, a nitrogen generator manufacturer, has an annual revenue of $10 million.

• In July 2022, CIRCOR International appointed ProFlow Pumping Solutions as the new stocking distributor for sales and service of Allweiler Progressing Cavity (PC) products in Florida, North Carolina, South Carolina, eastern Tennessee, and Virginia. ProFlow, the oldest full product line distributor in the CIRCOR network, now offers the ALL-OPTIFLOW™ Series Progressing Cavity Pump, suitable for industrial, oil & gas, chemical, and power generation applications.

These mergers and acquisitions helped companies expand their product offerings, improve their market presence, and capitalize on growth opportunities in the US Progressive Cavity Pump Market. The trend is expected to continue as companies seek a competitive edge.

COMPARATIVE ANALYSIS OF THE RELATED MARKET

US Progressive Cavity Pump Market – Significant Threats

The US Progressive Cavity Pump Market faces several significant threats that could impact its growth and profitability in the future. Some of these threats include:

• High Initial Costs: The high initial purchase and installation costs of progressive cavity pumps challenge most potential users. Yet, although the progressive cavity pump is long-term cost-efficient and efficient, it requires a much higher initial investment than other types of pumps. This scares SMEs and budget-conscious industries into using progressive cavity pump technology.

• Competition from Alternative Technologies: Several progressive cavity pump alternatives exist, including centrifugal pumps, diaphragm pumps, and screw pumps. Alternative technologies may offer better cost-of-investment benefits, ease of maintenance, or improved suitability for a specific fluid type. Several choices these alternatives provide reduce the market share of progressive cavity pumps for customers.

• Fluctuations in Raw Material Prices: The cost of the raw materials and availability in fabricating the progressive cavity pumps is somewhat volatile based on metals and elastomers. The potential instability associated with the price of raw materials would likely increase the overall costs for production, thereby increasing the value to the end users. Such volatility may bring uncertainty for manufacturers and customers, which would influence the growth in the market.

• Changing Operating Parameters: The variability and changeability of operating parameters can highly inhibit the growth of the US Progressive Cavity Pump Market. Progressive cavity pumps function excellently and even more efficiently in specific operating conditions, but fluctuations in these parameters cause problems in operations and higher maintenance.

Category-Wise Insights:

By Product Type

• Dosing Pumps: Dosing pumps are used in chemical dosing, water treatment plants, and pharmaceutical applications as the necessity for precise fluid delivery is witnessed. Moreover, the demand is increasing because of the need for precision and constancy in the industrial process. Technical support for the development of automated dosing system and smart dosing will continue to increase their efficiency and reliability, leading to further improvement in growth rates of the US Progressive Cavity Pump (PCP) market.

• Flanged Pumps. Flanged pumps are essential in industrial applications due to their strong designs and high operating pressures. These pumps have robust applications in oil and gas and chemical processing industries, and one would also find them in water treatment plants. Easy installation and maintenance are essential. Increasing demands for fluid handling systems with efficient fluid handling are growing market demand, and so is the development of more advanced materials and coatings in this field.

• Hopper Pumps: Hopper pumps are strongly suited for applications involving viscous and slurry-carrying fluids in the food and beverage, waste management, and construction industries. The fact that these pumps can handle a wide range of fluids enhances the requirement. The hygienic, efficient pumping solutions required by the food and beverage industry increase the market. Also, there has been an interest in sludge and slurry handling in the waste management industry, which is promoting this segment.

• Submersible Pumps: Construction Industry Water and Wastewater Treatment Submersible Pumps were mainly used for efficient dewatering, sewage pumping, and groundwater extraction. The need to conserve water and treat wastewater urged demand for this pump. Advances in motor efficiency, corrosion resistance, and other product improvements also spurred the demand. Construction sites need efficient dewatering solutions to thrive.

• Other: US Progressive Cavity Pump is segmented into “Other,” which includes customized designs of pumps for smaller niche applications, such as mining, pulp and paper, and marine. This segment is perceived as flexible and versatile based on the necessity of specialized use solutions. Innovations in pump design and materials science are making it possible for pumps to accommodate aggressive service conditions, thereby opening up more market spaces.

By Power Rating Method

• Up-to 50 HP: Progressive cavity pumps are applied in small to medium-sized food and beverage, pharmacy, and chemical processing processes. The power rating for such pumps goes up to 50 horsepower. These applications find use primarily in dosing, metering, and transferring fluids in controlled environments. Improved pump design through technological advancement gives the pumps improved performance and reliability, hence are more attractive applications.

• 51-150 HP: Application in the 51-150 HP range PCPs for the 51-150 HP are applied in various industrial sectors, including the oil and gas, wastewater treatment, and chemical industries. PCPs are pretty versatile, with excellent performance regarding robustness, even under difficult operating conditions. Increased US industrialization and infrastructure development further drive demand for reliable fluid handling by PCPs.

• Above 150 HP: Above 150 HP is especially used in heavy-duty applications, like drilling oil and gas, mining, and wastewater treatment, because of their efficiency, reliability, and durability. Improvements in material and coating enhance the performance of pumps. However, to adopt these pumps in large-scale industrial applications, they must be energy efficient and lower in cost.

By Pumping Capacity

• Up-to 500 GPM: Progressive cavity pumps are utilized with capacities up to 500 GPM and cater to small to medium industries in food and beverage, pharma, and water treatment. They are best suited for processes where there are space and budget restrictions for low and moderate viscosity fluids. Advances in design and material upgrades enhance pump durability and efficiency, making them all the more attractive for small-scale operations.

• 501-1000 GPM: Between 501-1000 GPM, pumps are the most common medium size in industries such as oil and gas, wastewater treatment, and chemicals. They are tough and can withstand the hardest abrasive material and corrosion. With the increase in industrial plants in chemicals, mining, and construction, such a capability for fluids to work efficiently is required. The application of intelligent technologies and the capability for digital monitoring with increased efficiency and performance reliability enhance pump attractiveness for use in industries at this capacity.

• Above 1000 GPM: High flow rate progressive cavity pumps are used in heavy applications in oil and gas, mining and water treatment plants where the pump capacity exceeds 1000 GPM. They use offshore drilling, heavy crude oil transportation, and even transport thick slurries. Efficiency in pumping solutions is gaining popularity in the market for progressive cavity pumps with high capacity. New technology involving improved materials and energy-efficient pump design enhances the performance and longevity of pumps.

By Application

• High Liquid Viscosity: Progressive cavity pumps are essential in industries like oil and gas, food and beverage, and chemicals due to their ability to handle high liquid viscosity fluids like heavy oils, slurries, and pastes without causing shear or turbulence. As industries explore unconventional resources and manage viscous materials efficiently, the demand for PCPs in high-viscosity applications is expected to grow.

• Varied Flow: Progressive cavity pumps are well suited for many industries, such as water treatment, pharmaceutical, and food processing, based on their adaptability and ability to manage varied flow rates. Their design allows for a consistent and reliable flow, thus making them most applicable for several flow applications supported by advancements in automation and smart technologies.

• Sheer Sensitive Liquid: Progressive cavity pumps offer the convenience of easy handling of shear-sensitive liquids like emulsions, gels, and food products in industries such as cosmetic, pharmacy, and food processing. The gentle pumping action also minimizes shear forces that could potentially damage the quality and characteristics of fluids in the pumping process.

• Liquid Containing Abrasive Solids: Progressive cavity pumps are required in mining, wastewater treatment, and construction to pump abrasive solids. Being robustly constructed, the pumps are efficient without compromising on their performance or durability. This is why efficiency and savings on maintenance costs will drive demand for these pumps in coming years.

By End User

• Oil & Gas: Progressive cavity pumps are some of the most important machines in the petroleum and gas industry for handling fluids of high viscosity and abrasive slurries for transferring crude oils, enhanced oil recovery, and pumping heavy oils. They offer smooth flow rates without the use of difficult materials. Therefore, progressive cavity pumps find their way into operations involving onshore and offshore drilling environments.

• Water & Sewage: Progressive cavity pumps are very important for the water and sewage industry. They effectively handle sludge, effluent, and liquid waste streams. They can operate with all types of fluids containing solids and under various conditions, so they are appropriate for both municipal and industrial wastewater applications. Developments in automation and monitoring equipment further improve the efficiency of their operation.

• Chemical & Petrochemical: Cavity pumps play important roles in chemical and petrochemical applications where the handled materials are corrosive and abrasive. These certainly do impact process efficiency and security. They ensure stable flow rates under difficult conditions, and as the market for specialty chemicals and advanced materials grows, so will the market for flexible pumping solutions.

• Pulp & Paper: Progressive cavity pumps are crucial in pulp and paper industries to transport fibers and slurries, treat chemical additives and wastewater, and maintain the integrity of fibrous materials. Their application in paper-manufacturing processes at different stages, especially driven by sustainable practices and efficient processing solutions, is highly suitable for their high solid content.

• Food & Beverages: Progressive cavity pumps will be significant in the food and beverage segment due to their sanitary design and capabilities of pumping shear-sensitive liquids, mainly in transferring viscous products, such as sauces and dairy. To meet rising consumer demand, there will likely be an increase in demand for these effective fluid handling solutions thanks to stricter food safety regulations.

• Others: Progressive cavity pumps find applications in pharmaceutical, mining, and construction industries that help assure sensitive formulations’ precise handling, efficient transportation of slurries, and moving thick liquids. The focus on customized solutions necessitates this growth factor because industries are interested in optimizing and fostering better operational efficiency.

Report Scope

Competitive Landscape – US Progressive Cavity Pump Market

The US Progressive Cavity Pump Market is highly competitive, with many manufacturers and retailers operating across the US. Some of the key players in the market include:

• National Oilwell Varco
• Halliburton
• Dover Corporation
• Schlumberger Limited
• Xylem
• Weatherford
• Circor International Inc.
• Moyno
• Roto Pumps North America Inc.
• ChampionX
• Titan Manufacturing Inc
• INOXPA USA INC.
• MXQ LLC.
• Graco Inc.
• Seepex Inc.
• Others

These companies operate in the market through various strategies such as product innovation, mergers and acquisitions, and partnerships.

New US Progressive Cavity Pump Market players use innovation and development as a differentiation and leverage tool for growth. Most new entrants consider adopting advanced materials, smart pump technologies, and energy-efficient pumps.

New entrants to the US Progressive Cavity Pump Market use high-performance polymers and composites for parts of pumps to extend their lifespan, enhance durability, reduce wear and tear, and lower the associated maintenance costs. In pump performance monitoring and predictive maintenance, IoT-enabled sensors and digital monitoring systems are rapidly transforming smart technologies to improve operational efficiency and reduce downtime.

The US Progressive Cavity Pump Market is segmented as follows:

By Product Type

• Dosing Pumps
• Flanged Pumps
• Hopper Pumps
• Submersible Pumps
• Others

By Power Rating

• Up-to 50 HP
• 51-150 HP
• Above 150 HP

By Pumping Capacity

• Up-to 500 GPM
• 501-1000 GPM
• Above 1000 GPM

By Application

• High Liquid Viscosity
• Varied Flow
• Sheer Sensitive Liquid
• Liquid Containing Abrasive Solids

By End User

• Oil & Gas
• Water & Wastewater
• Chemical & Petrochemical
• Pulp & Paper
• Food & Beverages
• Others