Global Volute Pump Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Metallic Pumps and Concrete Pumps.By Application;
Cooling Water, Irrigation Schemes, Drainage & Flood Control and Others.By End-User;
Water & Wastewater Treatment, Agriculture & Lift Irrigation, Chemicals, Building Services, Oil & Gas and Others.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Volute Pump Market (USD Million), 2021 - 2031
In the year 2024, the Global Volute Pump Market was valued at USD 2109.92 million. The size of this market is expected to increase to USD 2968.87 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.
The Global Volute Pump Market encompasses a diverse range of centrifugal pumps designed for fluid handling across various industries, including water treatment, oil & gas, chemicals, and manufacturing. Volute pumps are characterized by their efficient design, which includes a spiral-shaped casing (volute) that efficiently converts kinetic energy into pressure. These pumps find extensive application in municipal water supply systems, wastewater treatment plants, industrial processes requiring fluid transfer, and HVAC (Heating, Ventilation, and Air Conditioning) systems.
Key drivers of the global volute pump market include increasing demand for water and wastewater management solutions, driven by urbanization and industrialization worldwide. Additionally, stringent regulations pertaining to energy efficiency and environmental conservation propel the adoption of efficient pump technologies, including volute pumps. Technological advancements such as the integration of smart pump technologies, variable speed drives (VSDs), and IoT (Internet of Things) capabilities are further enhancing the operational efficiency and reliability of volute pumps, catering to the evolving needs of end-users.
The market is characterized by intense competition among global and regional manufacturers striving to innovate and differentiate their product offerings. Factors such as reliability, energy efficiency, lifecycle costs, and aftermarket services play crucial roles in influencing purchase decisions among end-users. As industries continue to prioritize operational efficiency and sustainability, the global volute pump market is poised for steady growth, driven by ongoing investments in infrastructure development, industrial expansion, and water resource management initiatives globally.
Global Volute Pump Market Recent Developments
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In 2023, Grundfos introduced a new series of volute pumps equipped with advanced digital controls and energy-efficient features, catering to industrial and commercial applications.
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In 2022, Sulzer Ltd. announced the expansion of its manufacturing capabilities for volute pumps, aiming to meet increasing global demand and enhance product availability.
Segment Analysis
The Global Volute Pump Market is characterized by its segmentation into various key segments, each serving distinct industries and applications with specific operational requirements. This report comprehensively analyzes these segments, providing a detailed examination of market dynamics, trends, and revenue forecasts for both historic and forecast periods.
One of the primary segments analyzed is based on End-User Industries, which include Water & Wastewater Treatment, Agriculture & Lift Irrigation, Chemicals, Building Services, Oil & Gas, and others. Each sector exhibits unique demand drivers and operational needs that influence the adoption of volute pumps. For instance, the Water & Wastewater Treatment segment continues to drive significant market growth due to increasing global emphasis on water conservation and stringent environmental regulations. Similarly, the Agriculture & Lift Irrigation segment benefits from rising agricultural activities worldwide, necessitating efficient water management solutions supported by volute pumps. In contrast, the Chemicals sector relies on volute pumps for handling corrosive fluids and chemical processes, highlighting the importance of pump reliability and durability in industrial applications.
Another crucial segment analyzed in this report is based on Applications, which include Cooling Water, Irrigation Schemes, Drainage & Flood Control, and others. Each application segment is assessed for its market size, growth potential, and technological advancements influencing pump adoption. Cooling Water applications, for instance, are pivotal in industries such as power generation and manufacturing, driving demand for volute pumps that ensure efficient heat exchange and cooling system operations. Similarly, Irrigation Schemes utilize volute pumps to enhance agricultural productivity by delivering water efficiently to fields, contributing to food security initiatives globally. The Drainage & Flood Control segment addresses urban resilience and infrastructure stability, where volute pumps play a critical role in managing stormwater and mitigating flood risks in urban and rural areas.
Furthermore, the report delves into the segmentation by Pump Type, distinguishing between Metallic Pumps and Concrete Pumps. This analysis evaluates the market share, technological advancements, and application-specific preferences driving the adoption of each pump type. Metallic Pumps dominate the market due to their versatility, corrosion resistance, and suitability for a wide range of industrial applications requiring robust performance and chemical compatibility. In contrast, Concrete Pumps cater to specialized applications such as heavy-duty construction and municipal infrastructure projects, where durability and high flow rates are paramount. The segmentation by pump type provides insights into market preferences and technological innovations shaping the competitive landscape of the global volute pump market.
In summary, this report offers a comprehensive analysis of the Global Volute Pump Market, providing detailed insights into market segmentation, revenue trends, and growth opportunities across various end-user industries, applications, and pump types. The analysis is supported by data-driven insights and forecasts, enabling stakeholders to make informed decisions and capitalize on emerging market trends in the volute pump industry.
Global Volute Pump Segment Analysis
In this report, the Global Volute Pump Market has been segmented by Type, Application, End-User and Geography.
Global Volute Pump Market, Segmentation by Type
The Global Volute Pump Market is segmented by type into Metallic Pumps and Concrete Pumps.
Each offering distinct advantages based on application requirements and operational conditions. Metallic Pumps are predominantly used across industries due to their durability, corrosion resistance, and ability to handle a wide range of fluids, including corrosive liquids and abrasive slurries. These pumps are constructed from materials such as stainless steel, cast iron, or alloys, ensuring longevity and reliability in challenging environments.
Concrete Pumps are specialized pumps used in construction and infrastructure projects where durability and high flow rates are critical. These pumps feature a rugged design with components made from reinforced concrete or steel, capable of handling large volumes of water, wastewater, or slurry. Concrete pumps are commonly employed in drainage systems, sewage treatment plants, and large-scale water distribution networks, supporting infrastructure development and urbanization projects globally.
The choice between metallic and concrete pumps depends on factors such as operational conditions, fluid characteristics, and project requirements. Metallic pumps offer versatility and are suitable for various industrial applications requiring robust performance and chemical compatibility. In contrast, concrete pumps excel in applications where high flow rates, reliability, and long-term durability are essential, making them ideal for heavy-duty construction and municipal infrastructure projects. Both types of pumps contribute to enhancing operational efficiency, reliability, and sustainability across diverse sectors in the global volute pump market.
Global Volute Pump Market, Segmentation by Application
The Global Volute Pump Market is segmented by Application Into Cooling Water, Irrigation Schemes, Drainage & Flood Control and Others.
Cooling Water applications in power plants, manufacturing facilities, and HVAC systems require reliable volute pumps to circulate water for heat exchange processes. These pumps ensure efficient cooling performance, optimize energy consumption, and minimize operational downtime, supporting continuous production and equipment reliability.
Irrigation Schemes utilize volute pumps to distribute water for agricultural irrigation, enhancing crop yield and sustainability in agricultural regions worldwide. Volute pumps facilitate efficient water transfer from water sources such as rivers, lakes, or reservoirs to irrigation networks, ensuring optimal water distribution and resource management. Moreover, Drainage & Flood Control applications rely on volute pumps to manage stormwater, mitigate flood risks, and maintain drainage systems in urban and rural environments. These pumps assist in maintaining infrastructure resilience and safeguarding communities from water-related disasters.
Other applications of volute pumps include dewatering, where pumps are used to remove water from construction sites, mines, and underground tunnels. Volute pumps also find utility in process industries for handling various liquids, slurries, and wastewater streams. Their robust construction and versatility make them suitable for diverse industrial applications, contributing to operational efficiency and environmental compliance.
Global Volute Pump Market, Segmentation by End-User
The Global Volute Pump Market is segmented by end-user into Water & Wastewater Treatment, Agriculture & Lift Irrigation, Chemicals, Building Services, Oil & Gas and Others.
The several key sectors, each driving demand based on specific application requirements. Water & Wastewater Treatment emerges as a primary segment, leveraging volute pumps for the efficient transfer and treatment of water in municipal and industrial settings. These pumps play a critical role in ensuring reliable water supply, maintaining water quality standards, and facilitating wastewater management processes globally. The increasing emphasis on water conservation and sustainable management practices further boosts the adoption of volute pumps in this segment.
Agriculture & Lift Irrigation represents another significant end-user segment for volute pumps, particularly in agricultural regions where irrigation schemes rely on efficient water distribution systems. Volute pumps are integral to lifting and distributing water for crop irrigation, enhancing agricultural productivity and supporting food security initiatives. In addition, the Chemicals sector utilizes volute pumps for the handling and transfer of corrosive liquids and chemicals in industrial processes, emphasizing the need for durable and corrosion-resistant pump solutions.
Building Services encompass applications such as HVAC systems, fire protection, and water circulation within residential, commercial, and institutional buildings. Volute pumps ensure efficient heating, cooling, and water supply, contributing to building comfort, safety, and operational efficiency. Furthermore, the Oil & Gas industry relies on volute pumps for various applications, including crude oil transfer, refinery processes, and offshore drilling operations. The robust design and performance capabilities of volute pumps make them suitable for handling demanding environments and critical operations in the oil and gas sector.
Global Volute Pump Market, Segmentation by Geography
In this report, the Global Volute Pump Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Volute Pump Market Share (%), by Geographical Region, 2024
The Global Volute Pump Market exhibits varying shares across different geographical regions, reflecting regional industrial activities, infrastructure development, and economic conditions. North America and Europe are prominent regions in the market, driven by robust industrial sectors and stringent regulations promoting energy efficiency and environmental sustainability. These regions collectively hold a significant share of the global market, with North America benefiting from extensive applications in water treatment, oil & gas, and manufacturing industries. Europe, on the other hand, emphasizes advancements in pump technologies and compliance with EU directives on energy efficiency.
Asia-Pacific emerges as a pivotal growth region for the volute pump market, fueled by rapid industrialization, urbanization, and infrastructure projects across countries like China, India, and Southeast Asia. The region's expanding municipal water treatment facilities, coupled with investments in manufacturing and construction sectors, contribute to substantial market growth. Moreover, Latin America and the Middle East & Africa regions are witnessing steady market expansion, driven by investments in oil & gas exploration, mining activities, and infrastructure development projects.
In summary, the global distribution of the volute pump market reflects regional dynamics shaped by industrial demand, regulatory landscapes, and economic factors. While North America and Europe lead with mature industrial bases and stringent environmental norms, Asia-Pacific emerges as a growth engine driven by rapid urban development and industrial expansion. Latin America and the Middle East & Africa regions present opportunities for market growth, supported by investments in infrastructure and resource extraction sectors.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Volute Pump Market. These factors include; Market Drivers, Restraints and Opportunities
Drivers, Restraints and Opportunity
Drivers
- Industrial infrastructure expansion
- Demand for wastewater treatment
- Energy efficiency requirements
- Growth in construction
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Technological advancements : Technological advancements play a crucial role in driving the growth of the Global Volute Pump Market. Innovations in pump design, materials, and efficiency have enabled manufacturers to produce pumps that are more reliable, energy-efficient, and durable. One significant advancement is the integration of smart technologies such as IoT (Internet of Things) and AI (Artificial Intelligence) in pump systems. These technologies enable real-time monitoring, predictive maintenance, and optimization of pump performance, reducing downtime and operational costs for end-users. Furthermore, advancements in materials science have led to the development of corrosion-resistant materials and coatings, extending the lifespan of volute pumps in harsh operating environments.
In addition to technological innovations, the adoption of renewable energy sources is driving demand for more efficient volute pumps. Renewable energy projects, such as solar and wind farms, require reliable pumps for water circulation and cooling systems. Advanced volute pumps equipped with variable frequency drives (VFDs) and energy-efficient motors help optimize energy consumption, making them ideal for integration into sustainable energy infrastructures. Moreover, digitalization and automation in industrial processes are creating opportunities for volute pump manufacturers to offer integrated solutions that enhance operational efficiency and reduce environmental impact.Overall, technological advancements are not only enhancing the performance and reliability of volute pumps but also opening new market opportunities across various sectors. As industries increasingly prioritize efficiency, sustainability, and operational cost savings, the demand for advanced volute pump solutions is expected to grow. Manufacturers that invest in R&D to develop innovative pump technologies and adapt to changing market needs will be well-positioned to capitalize on these opportunities and maintain a competitive edge in the global market.
Restraints
- High installation costs
- Maintenance complexities
- Regulatory challenges
- Competitive pricing pressures
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Limited product differentiation : One of the challenges facing the Global Volute Pump Market is the issue of limited product differentiation. Volute pumps are essential components used in various industries for fluid handling and transfer applications. However, many pump manufacturers offer similar product features and specifications, leading to a highly competitive market with minimal product differentiation. This lack of distinctiveness makes it challenging for manufacturers to stand out and differentiate their offerings based solely on technical specifications or performance metrics.Moreover, the commoditization of volute pumps has intensified pricing pressures within the market. As competition increases, manufacturers often resort to price reductions and promotional strategies to attract customers, which can impact profit margins and overall market stability. Additionally, the perceived similarity among volute pump products can make it difficult for customers to discern differences in quality or performance, leading to price-driven purchasing decisions rather than value-based considerations.
To address the issue of limited product differentiation, some manufacturers are focusing on innovation and customization. By investing in R&D and product innovation, companies can develop unique features, proprietary technologies, and specialized applications that set their pumps apart from competitors. For example, advancements in pump design, materials, and manufacturing processes can improve pump efficiency, reliability, and lifespan, offering tangible benefits to end-users in terms of reduced operating costs and enhanced performance.Furthermore, differentiation strategies can also emphasize value-added services such as aftermarket support, maintenance contracts, and technical expertise. By providing comprehensive solutions that address customer needs beyond the initial sale, manufacturers can build long-term relationships and loyalty. Ultimately, overcoming the challenge of limited product differentiation requires a strategic approach that combines innovation, customer-centricity, and market intelligence to create distinctive value propositions in the competitive volute pump market.
Opportunities
- Emerging economies demand
- Retrofitting projects growth
- Focus on sustainability
- Pump efficiency upgrades
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Smart pump technologies : Smart pump technologies represent a significant opportunity in the Global Volute Pump Market, driven by advancements in IoT (Internet of Things), AI (Artificial Intelligence), and automation. These technologies enable volute pumps to operate more efficiently, reliably, and autonomously than traditional pumps. IoT-enabled sensors and monitoring systems provide real-time data on pump performance, energy consumption, and operational status, allowing for predictive maintenance and proactive troubleshooting. AI algorithms analyze data patterns to optimize pump operations, adjust performance parameters, and reduce energy wastage, thereby enhancing overall system efficiency.Additionally, smart pump technologies support remote monitoring and control capabilities, enabling operators to manage pump operations from anywhere via cloud-based platforms. This capability is particularly beneficial for industries with distributed assets or remote installations, such as water utilities, oil and gas facilities, and municipal infrastructure. Remote monitoring not only improves operational visibility and responsiveness but also reduces the need for onsite maintenance visits, minimizing downtime and operational disruptions.Moreover, smart pumps contribute to sustainability efforts by promoting energy efficiency and resource conservation. Advanced control algorithms and variable speed drives (VSDs) optimize pump speed and power consumption based on real-time demand and system conditions. This adaptive control mechanism not only reduces energy costs but also lowers carbon emissions and environmental footprint. As industries worldwide prioritize sustainability goals and regulatory compliance, smart pump technologies offer a compelling solution to achieve energy efficiency targets and enhance environmental stewardship.In conclusion, the integration of smart pump technologies represents a transformative shift in the volute pump market, unlocking new opportunities for efficiency gains, cost savings, and operational excellence. Manufacturers that invest in developing IoT-enabled and AI-driven pump solutions are well-positioned to cater to evolving customer demands for smart, connected devices that deliver tangible benefits in terms of performance, reliability, and sustainability. As smart technologies continue to evolve and become more accessible, their adoption is expected to accelerate, driving growth and innovation in the global volute pump market
Competitive Landscape Analysis
Key players in Global Volute Pump Market include :
- Grundfos
- Sulzer Ltd.
- Xylem Inc.
- Flowserve Corporation
- KSB SE & Co. KGaA
- Ebara Corporation
- Weir Group plc
- Wilo SE
- Pentair plc
- ITT Inc.
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Application
- Market Snapshot, By End-User
- Market Snapshot, By Region
- Global Volute Pump Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Industrial infrastructure expansion
- Demand for wastewater treatment
- Energy efficiency requirements
- Growth in construction
- Technological advancements
- Restraints
- High installation costs
- Maintenance complexities
- Regulatory challenges
- Competitive pricing pressures
- Limited product differentiation
- Opportunities
- Emerging economies demand
- Retrofitting projects growth
- Focus on sustainability
- Pump efficiency upgrades
- Smart pump technologies
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Volute Pump Market, By Type, 2021 - 2031 (USD Million)
- Metallic Pumps
- Concrete Pumps.
- Global Volute Pump Market, By Application, 2021 - 2031 (USD Million)
- Cooling Water
- Irrigation Schemes
- Drainage & Flood Control
- Others.
- Global Volute Pump Market, By End-User, 2021 - 2031 (USD Million)
- Water & Wastewater Treatment
- Agriculture & Lift Irrigation
- Chemicals
- Building Services
- Oil & Gas
- Others.
- Global Volute Pump Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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Latin America
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Brazil
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Mexico
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Argentina
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Rest of Latin America
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- North America
- Global Volute Pump Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Grundfos
- Sulzer Ltd.
- Xylem Inc.
- Flowserve Corporation
- KSB SE & Co. KGaA
- Ebara Corporation
- Weir Group plc
- Wilo SE
- Pentair plc
- ITT Inc.
- Company Profiles
- Analyst Views
- Future Outlook of the Market