Global Industrial Pump Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

• In January 2024, SPX FLOW's Waukesha Cherry-Burrell brand launched the Universal 2 ND Positive Displacement Pump (U2 ND) Series for industrial users.
• In March 2023, KSB SE & Co. KGaA announced the acquisition of technology from Bharat Pumps and Compressors (BP&CL). BP&CL is an important manufacturer of centrifugal pumps and reciprocating pumps. With this new technology acquisition, KSB SE &Co. KGaA is likely to expand its product line in both the new pump and aftermarket markets.

The global industrial pump market is segmented by product type into centrifugal pumps, positive displacement pumps, and others. Centrifugal pumps dominate the market due to their widespread application across various industries. These pumps are preferred for their ability to handle large volumes of liquids with low viscosity, making them ideal for industries like water & wastewater treatment, oil & gas, and power. Positive displacement pumps, on the other hand, are gaining traction due to their precision in handling high-viscosity fluids and their consistent flow rates, which are critical in chemical processing, pharmaceuticals, and food industries. Other pump types include screw, diaphragm, and peristaltic pumps, which cater to niche applications requiring specific operational conditions.

The industrial pump market is also categorized based on application, with oil & gas, chemicals, construction, power, water & wastewater, and others being the key segments. The oil & gas industry is a major consumer of industrial pumps due to the need for pumping crude oil, refined products, and water in upstream and downstream operations. Chemical industries rely heavily on positive displacement pumps for precise chemical dosing and handling of hazardous fluids. In the construction sector, pumps are widely used for concrete mixing and transfer, while the power generation sector uses pumps in cooling systems and boilers. Water & wastewater management is another significant application, driving the demand for pumps that can efficiently manage water treatment and distribution processes.

In terms of distribution channels, the industrial pump market is divided into online and offline segments. The offline distribution channel remains dominant, with traditional sales methods such as direct sales, distributors, and resellers still playing a crucial role in reaching industrial customers. However, the online distribution channel is witnessing significant growth due to the increasing adoption of e-commerce platforms, which provide easier access to a broader range of pumps and associated products. This shift towards online purchasing is driven by the convenience it offers, along with the ability to compare products, prices, and manufacturers, allowing customers to make more informed decisions.

Geographically, the industrial pump market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America and Europe are well-established markets, with a high concentration of industrial activity, particularly in chemicals, oil & gas, and power generation. Asia Pacific is expected to experience the fastest growth due to rapid industrialization, increasing demand for infrastructure development, and growing sectors such as water & wastewater treatment. The Middle East & Africa market is driven by the oil & gas industry, where pumps are essential for various extraction and transportation processes. Latin America is also witnessing growth, with a focus on improving infrastructure and addressing water treatment needs.

Global Industrial Pump Segment Analysis

In this report, the Global Industrial Pump Market has been segmented by Product, Application, Distribution Channel and Geography.

Global Industrial Pump Market, Segmentation by Product

The Global Industrial Pump Market is segmented by Product into Centrifugal Pumps, Positive Displacement Pumps, and Others.

Each offering distinct operational benefits tailored to different industrial applications. Centrifugal Pumps are widely used for their ability to handle large volumes of fluid at low to moderate pressures. They are commonly employed in applications such as water and wastewater treatment, chemical processing, and HVAC systems due to their efficiency and reliability in moving liquids.

Positive Displacement Pumps are designed for applications requiring the movement of fluids at high pressures or with high viscosity. They operate by trapping a fixed amount of fluid and forcing it through the pump mechanism, making them ideal for handling thick, abrasive, or shear-sensitive fluids. These pumps are frequently used in the oil and gas industry, food processing, and chemical manufacturing, where precise flow control and high pressure are essential.

The Others category encompasses various specialized pump types not classified under centrifugal or positive displacement pumps. This includes diaphragm pumps, peristaltic pumps, and gear pumps, each tailored for specific niche applications or unique fluid handling requirements. The diversity within this category reflects the broad range of industrial needs and the ongoing innovation within the pump market to address specialized applications effectively.

Global Industrial Pump Market, Segmentation by Application

The Global Industrial Pump Market is segmented by application into Oil & Gas, Chemicals, Construction, Power, Water & Wastewater and Others.

Several key areas, each addressing specific needs within different industries. The Oil & Gas sector relies heavily on industrial pumps for various processes, including exploration, production, and refining. Pumps in this segment handle harsh and abrasive fluids, requiring robust and reliable equipment that can withstand high pressures and corrosive environments.

In the Chemicals industry, pumps are used for handling a wide range of chemicals, from corrosive acids to viscous polymers. These pumps must be designed to handle aggressive substances safely and efficiently, minimizing the risk of leaks and contamination. The Construction sector also depends on industrial pumps for dewatering, transferring slurries, and mixing concrete, where durable and high-performance pumps are essential for maintaining project timelines and safety.

The Power industry utilizes pumps for cooling systems, fuel handling, and water supply, where reliability and efficiency are critical. Water & Wastewater management involves the use of pumps for treatment processes, distribution, and drainage, necessitating equipment that can handle varying flow rates and conditions. The Others category includes various niche applications and emerging industries, each requiring specialized pump solutions tailored to their unique operational demands.

Global Industrial Pump Market, Segmentation by Distribution Channel

The Global Industrial Pump Market is segmented by Distribution Channel into Online, and Offline.

The Global Industrial Pump Market is divided into two primary distribution channels: online and offline. The online segment has witnessed significant growth in recent years due to the increasing penetration of digital platforms and e-commerce in the industrial sector. Online channels offer convenience, broad product selection, and easy comparison of prices, which have made them an attractive option for customers. Moreover, the digital shift has allowed manufacturers and distributors to reach a wider audience, facilitating direct sales and reducing overhead costs for businesses.

On the other hand, the offline distribution channel remains essential in the industrial pump market, especially in regions where face-to-face interaction, immediate product availability, and expert consultation are preferred. This channel includes physical stores, distributors, wholesalers, and direct sales through field agents or company-owned outlets. For complex industrial pump systems, customers often prefer the offline route to ensure proper technical support and to examine products before making purchase decisions. The offline model is also crucial for industries that rely on long-term relationships with suppliers for consistent service and maintenance support.

Both online and offline segments are complementary and serve different customer preferences. While the online channel continues to grow due to digital advancements, the offline channel maintains its importance, particularly for high-value or custom-made industrial pumps that require personalized attention. As technology evolves, a hybrid approach combining both channels may offer the most balanced solution, catering to the diverse needs of customers across various industries.

Global Industrial Pump Market, Segmentation by Geography

In this report, the Global Industrial Pump Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Global Industrial Pump Market Share (%), by Geographical Region, 2024

The Global Industrial Pump Market is segmented by geography into key regions, reflecting diverse industrial demands and market conditions. North America is a significant market due to its advanced industrial infrastructure, high levels of industrial activity, and stringent regulatory standards. The region's emphasis on technological innovation and energy efficiency drives the demand for advanced pump solutions across various sectors, including oil & gas, chemicals, and water management.

Europe also represents a major market, characterized by its focus on regulatory compliance, sustainability, and advanced manufacturing technologies. European countries adhere to rigorous environmental and safety standards, which influence the demand for high-performance and energy-efficient pumps. The region's commitment to reducing carbon footprints and improving operational efficiencies further fuels the growth of the industrial pump market.

In the Asia-Pacific region, rapid industrialization and economic growth drive significant demand for industrial pumps. Emerging economies such as China and India are expanding their industrial bases, leading to increased investments in infrastructure and manufacturing. The Latin America and Middle East & Africa regions are experiencing growing demand due to increasing industrial activities and infrastructure development, presenting opportunities for market expansion and technological adoption in various industrial applications. Each region's unique economic and industrial landscape shapes the global industrial pump market dynamics.