Synopsis
The global market for Progressing Cavity Pumps was estimated to be worth US$ 1088 million in 2024 and is forecast to a readjusted size of US$ 1442 million by 2031 with a CAGR of 4.1% during the forecast period 2025-2031.
A progressing cavity pump (PCP) is a positive displacement pump and is also known as a progressive cavity pump, progg cavity pump, eccentric screw pump or cavity pump. It uses a single screw (the rotor) which meshes with a stator to create cavities that move fluid along the axis of the pump. PCPs are designed to handle heavy and viscous fluids, such as heavy crude oil, and are used in low-production, deviated, or off-centered wells. They are particularly effective in environments with high gas-to-oil ratio (GOR), scales, and solids at the pump intake, providing long-term, reliable operation that is often unattainable by Electric Submersible Pumps (ESPs) or other Artificial Lift Systems. is a type of positive displacement pump and is also known as a progressive cavity pump, progg cavity pump, eccentric screw pump or cavity pump. It transfers fluid by means of the progress, through the pump, of a sequence of small, fixed shape, discrete cavities, as its rotor is turned. This leads to the volumetric flow rate being proportional to the rotation rate (bidirectionally) and to low levels of shearing being applied to the pumped fluid.
Market Segmentation
The progressing cavity pumps (PCP) market can be segmented based on product types and applications.
Flanged Pumps: These are the most popular type of PCPs, holding a significant market share of approximately 42% in terms of global revenue. They are known for their
Regional Insights
North America remains the largest consuming region for progressing cavity pumps, accounting for approximately 30% of the global market share. This region is driven by the demand from the oil and gas sector, where PCPs are widely used for lifting oil in both onshore and offshore fields.
Market Drivers
The progressing cavity pump market is driven by several factors, including:
Increasing Demand for Oil & Gas: The rising demand for crude oil and natural gas is a significant factor propelling the market for PCPs. These pumps are essential for enhancing the extraction process in difficult-to-reach wells, especially those in offshore environments.
Growth in the Chemical and Petrochemical Industries: The chemical and petrochemical industries rely on PCPs to manage viscous, corrosive, and abrasive fluids. As global chemical production continues to expand, the demand for high-efficiency pumps is expected to increase.
Advances in Pump Technology: Technological advancements in materials and pump designs have enhanced the efficiency, reliability, and operational lifespan of PCPs. This has made them more attractive to industries requiring long-term and consistent performance, such as oil and gas and food processing.
Increasing Focus on Water Treatment: As water scarcity and wastewater management become increasingly important global issues, the demand for efficient water and wastewater management solutions has risen. PCPs play a critical role in handling and transporting water in treatment plants and industrial applications.
Rising Demand in the Food & Beverage Sector: With the growth of the global population and consumer demand for packaged and processed food, the food and beverage industry is expanding. This, in turn, increases the need for food-grade pumps, which are required to handle delicate products in compliance with hygiene standards.
Market Restraints
While the market for progressing cavity pumps is expanding, several factors could potentially restrain its growth:
High Maintenance Costs: Progressing cavity pumps require regular maintenance, particularly for seals and other components that wear out over time. The maintenance cost can be high, especially in industries that operate in harsh environments, such as oil and gas.
Competition from Other Pump Technologies: There is fierce competition from other pump technologies, such as centrifugal pumps and positive displacement pumps. These pumps are often more cost-effective or easier to maintain, which can pose a challenge for PCPs, particularly in industries with tight cost constraints.
Economic Downturns: The demand for PCPs is closely linked to the economic health of key sectors like oil and gas, chemicals, and water management. Economic slowdowns in these industries could result in reduced investments in new pumping systems.
Energy Consumption: PCPs are typically more energy-intensive compared to other pumping technologies. This could be a concern in industries looking to minimize energy costs and environmental impact.
Key Market Trends
Several key trends are shaping the future of the progressing cavity pump market:
Adoption of Smart Pumps: The integration of IoT (Internet of Things) technologies into PCP systems is enabling real-time monitoring and predictive maintenance. This development is expected to reduce operational costs and downtime, making PCPs more attractive to industries with high operational demands.
Shift Towards Energy-Efficient Solutions: As industries become more focused on sustainability and reducing carbon footprints, there is an increasing demand for energy-efficient pumps. Manufacturers are focusing on developing advanced PCPs that consume less energy while maintaining high efficiency.
Customization for Specific Industries: With the growth of niche markets like food-grade applications and chemical processing, there is a rising demand for custom-designed PCPs tailored to meet specific industry needs. Manufacturers are responding to this by offering more versatile solutions.
Conclusion
In conclusion, the progressing cavity pump market is experiencing steady growth, driven by the increasing demand for oil and gas, chemical production, water management, and food-grade pumping solutions. While the market faces challenges such as high maintenance costs and competition from other pump technologies, advancements in pump technology and the rising focus on energy efficiency and sustainability are expected to drive further growth. With North America as the largest consuming region, the future of the PCP market looks promising, particularly in oil-rich regions and industries that require reliable, high-performance pumps for demanding applications.
This report aims to provide a comprehensive presentation of the global market for Progressing Cavity Pumps, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Progressing Cavity Pumps by region & country, by Type, and by Application.
The Progressing Cavity Pumps market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Progressing Cavity Pumps.
Market Segmentation
By Company
PCM
Schlumberger
Sulzer
Seepex
Baker Hughes
Netzsch
Weatherford
Levare International
CIRCOR
ITT Bornemann
THE VERDER
Csf
JOHSTADT
Pumpenfabrik Wangen
Nova rotors
VARISCO
BELLIN
Sydex
Lutz Pumpen
mono (NOV)
Xinglong Pump
Shanhai Sunshine Pump
Zhejiang Nanchi Pump
Jiangsu Huaqiang Pump
Mingjie Pump
Tianjin Pump Machinery Group Co., Ltd. (CTP)
RSP Manufacturing
Segment by Type
Dosing Pump
Flanged Pump
Hopper Pump
Food Grade
Others
Segment by Application
Oil & Gas
Food & Beverage
Water & Wastewater Management
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Progressing Cavity Pumps manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Progressing Cavity Pumps in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Progressing Cavity Pumps in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Index
Available Upon Request