Progressing Cavity Pump (PCP) systems are designed to produce heavy and viscous crudes up to 1,000cSt in low-production and deviated wells with low inflow, high GOR at the pump intake, scales and solids, providing the long term and reliable operation, impossible to achieve by ESP or other Artificial Lift Systems.
The Progressing Cavity Pumps mainly includes Dosing, Flanged, Hopper, Food Grade, etc. The Food Grade PCP occupies the biggest part of the production. The main production base is located in Europe, so Europe is the largest production region in the world.
Market Analysis and Insights: Global Progressing Cavity Pumps Market
In 2019, the global Progressing Cavity Pumps market size was US$ 966.3 million and it is expected to reach US$ 1301.7 million by the end of 2026, with a CAGR of +4% during 2021-2027.
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The major companies include:
- Halliburton
- Schlumberger
- Sulzer
- Seepex
- General Electric (Baker Hughes)
- Netzsch
- Weatherford
- Borets
- PCM
- CIRCOR (Colfax Fluid Handling)
- ITT Bornemann
- THE VERDER
- Csf
- JOHSTADT
- Pumpenfabrik Wangen
- Nova rotors
- VARISCO
- BELLIN
- Sydex
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Segment by Type, the Progressing Cavity Pumps market is segmented into
- Dosing Pump
- Flanged Pump
- Hopper Pump
- Food Grade
- Others
Segment by Application, the Progressing Cavity Pumps market is segmented into
- Oil & Gas
- Food & Beverage
- Water & Wastewater Management
- Others
Scope of the Report
The research study analyzes the global Progressing Cavity Pumps industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Progressing Cavity Pumps Market Report
1. What was the Progressing Cavity Pumps Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Progressing Cavity Pumps Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Progressing Cavity Pumps Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.For more customized data, request for report customization @ https://www.orionmarketreports.com/inquiry-before-buying/?id=11431
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