{"id":79744,"date":"2016-09-20T17:09:02","date_gmt":"2016-09-20T17:09:02","guid":{"rendered":"http:\/\/www.abnewswire.com\/pressreleases\/?p=79744"},"modified":"2016-09-20T17:09:02","modified_gmt":"2016-09-20T17:09:02","slug":"positive-displacement-pumps-market-is-expected-to-hit-us412-billion-by-2023-credence-research","status":"publish","type":"post","link":"https:\/\/www.abnewswire.com\/pressreleases\/positive-displacement-pumps-market-is-expected-to-hit-us412-billion-by-2023-credence-research_79744.html","title":{"rendered":"Positive Displacement Pumps Market is Expected to Hit US$4.12 Billion By 2023: Credence Research"},"content":{"rendered":"
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CredenceResearch.com has Published New Research Report Title \u201cGlobal Positive Displacement Pumps Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023\u201d<\/div>\n

According to a new market report published by Credence Research, Inc., “Positive Displacement Pumps Market<\/a> (By End-use Application (Oil and Gas, Chemicals, Water and Wastewater, Food and Beverage, Pharmaceutical, Power Generation, and Other End-use Applications), By Product (Rotary Pumps((Gear Pumps, Lobe Pumps, Vane Pumps, and Progressing Cavity\/Multiple Screw Pumps)) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023”, the global positive displacement pumps market is expected to witness steady growth, expanding at a CAGR of 5.5% during the forecast period 2016 to 2023.<\/p>\n

Product Insights<\/strong><\/p>\n

A positive displacement pump is a type of industrial pump used to displace or transfer fluid from the inlet pressure division into the discharge tube\/pipe. Unlike centrifugal pumps, positive displacement pumps transfer fluids at the same speed irrespective of the pressure. Although centrifugal pumps are the dominant variants, the popularity of positive displacement pumps is on an upsurge. This has mainly to do with their high viscosity performance, compact design, ability to manage high differential pressure, and allow continual flow despite differential pressure. Regulated demand from the oil and gas sector coupled with growing demand for energy efficient pumps is expected to drive demand for positive displacement pumps during the forecast period 2016 – 2023.<\/p>\n

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Browse the full Positive Displacement Pumps (By End-use Application (Oil and Gas, Chemicals, Water and Wastewater, Food and Beverage, Pharmaceutical, Power Generation, and Other End-use Applications), By Product (Rotary Pumps((Gear Pumps, Lobe Pumps, Vane Pumps, and Progressing Cavity\/Multiple Screw Pumps)) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report at <\/strong>http:\/\/www.credenceresearch.com\/report\/positive-displacement-pumps-market<\/a><\/p>\n

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Competitive Insights<\/strong><\/p>\n

The global market for positive displacement pumps is comparatively more competitive than centrifugal pumps. Some of the prominent manufacturers involved in the global positive displacement pumps include Flowserve Corporation, Grundfos Holding, KSB Pumps Ltd., Suzler Ltd., and ITT Goulds Pumps. Inorganic expansion through strategic partnerships and acquisitions remains the cut-throat strategy for pump manufacturers across different geographies. While expansion through partnerships has allowed leading manufacturers to strengthen their product portfolio and geographic presence, small and medium-sized manufacturers have been benefitted from leveraging resources and distribution network of established players. In view of future prospect demand, manufacturers are increasingly setting up manufacturing facilities and distribution hubs in Asia Pacific and Latin America. In addition, focus on developing innovative and energy efficient positive displacement pumps bodes well for sustaining market position. The manufacturers are striving to offer complete turn-key solutions and after sales support services. Other manufacturers including Baker Hughes Incorporated, Ebara Corporation, Verder Group, Schlumberger Ltd, Pentair LLC, Del PD Pumps & Gears Ltd., HERMETIC-Pumpen GmbH, IDEX Corporation, Coalfax Corporation, and Weir Group have been marked as the promising and emerging players in the research study.<\/p>\n

Browse the full Positive Displacement Pumps (By End-use Application (Oil and Gas, Chemicals, Water and Wastewater, Food and Beverage, Pharmaceutical, Power Generation, and Other End-use Applications), By Product (Rotary Pumps((Gear Pumps, Lobe Pumps, Vane Pumps, and Progressing Cavity\/Multiple Screw Pumps)) Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023 report at <\/strong>http:\/\/www.credenceresearch.com\/report\/positive-displacement-pumps-market<\/a><\/p>\n

Geography and End-use Insights<\/strong><\/p>\n

Asia Pacific represents the largest and most lucrative positive displacement pumps market led by the growing demand from China and India. Growing industrialization, infrastructural development, and substantial investments in utility projects such as wastewater treatment and recycling is expected to propel demand for positive displacement pumps in the region. All these factors are expected to create multitude of business opportunities for pump manufacturers in the coming years. In terms of end-use, the oil and gas segment led the global positive displacement pump market. However, with steady decline in the oil prices and slowing exploration activities in the sale gas sector, demand for positive displacement pumps in this segment has slowed down considerably.<\/p>\n

Latest Report:<\/strong><\/p>\n

Industrial Pumps Market By Application (Oil and Gas, Chemicals, Utilities (Water and wastewater), Building, Residential Construction, and Others (Food and Beverage, etc.)), By Product Type (Centrifugal Pumps, Positive Displacement Pumps, and Specialty Pumps) – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023<\/a><\/p>\n

About Us:<\/strong><\/p>\n

Credence Research<\/strong> is a worldwide market research and counseling firm that serves driving organizations, governments, non legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task.<\/p>\n

Who we are<\/strong><\/p>\n

Credence Research is a worldwide firm, containing more than 15 research consultants and almost 100 research and information professionals.<\/p>\n

Our customers mirror our worldwide nature. Around 45% are in Europe, 30% in the Americas, 13% in Asia Pacific and 12% in the Middle East and Africa. <\/p>\n

Our firm is intended to work as one. We are a solitary global research organization united by a solid arrangement of qualities, concentrated on customer effect.<\/p>\n

What we do<\/strong><\/p>\n

We serve customers at each level of their organization, in whatever limit we can be most helpful, whether as a trusted counsel to top management or as a hands-on mentor for forefront representatives. For each engagement, we collect a group with the most suitable experience and ability.<\/p>\n

No matter the challenge, we concentrate on delivering functional and persevering results, and preparing our customers to develop and lead. We join forces with customers to place suggestions into practice. Our research specialist work straightforwardly with customers over long stretches to create workforce aptitudes, drive operational change, and apply new working strategies.<\/p>\n

Contact:<\/strong><\/p>\n

Name: Chris Smith<\/strong><\/p>\n

Designation: Global Sales Manager<\/p>\n

E-mail: sales@credenceresearch.com<\/p>\n

Ph: 1-800-361-8290<\/p>\n

Web: <\/strong> Credence Research<\/a><\/p>\n

Blog:<\/strong> http:\/\/www.mobilecomputingtoday.co.uk\/4662\/global-positive-displacement-pumps-market-reach-4-12-2023-credence-research\/<\/a><\/p>\n

Media Contact<\/span>
Company Name:<\/strong> Credence Research
Contact Person:<\/strong> Chris Smith, Global Sales Manager
Email:<\/strong> sales@credenceresearch.com
Phone:<\/strong> 1-800-361-8290
Address:<\/strong>105 N 1st ST #429
City:<\/strong> SAN JOSE
State:<\/strong> California
Country:<\/strong> United States
Website:<\/strong> http:\/\/www.credenceresearch.com\/report\/positive-displacement-pumps-market<\/a><\/p>\n

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CredenceResearch.com has Published New Research Report Title \u201cGlobal Positive Displacement Pumps Market – Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 – 2023\u201d According to a new market report published by Credence Research, Inc., “Positive Displacement Pumps Market (By End-use Application (Oil … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[401],"tags":[],"class_list":["post-79744","post","type-post","status-publish","format-standard","hentry","category-Business"],"_links":{"self":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/79744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/comments?post=79744"}],"version-history":[{"count":0,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/posts\/79744\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/media?parent=79744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/categories?post=79744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.abnewswire.com\/pressreleases\/wp-json\/wp\/v2\/tags?post=79744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}