Axial Flow Pump Market Size, Share & Industry Analysis, By Type (Miniwatt, High Power), By Application (Wastewater & Water, Oil & Gas, Petrochemical & Chemical, Food & Beverages, Mining, Others)and Regional Forecast, 2024-2032

The axial flow pumps are the type of positive displacement pumps which have a propeller-type impeller running through the casing. The axial flow pumps apply the centrifugal force to the fluid moving across the impeller. The fluid displaced is in the direction parallel to the direction of the pump shaft. These pumps are capable of giving high volume flow rates at even low-pressure heads. These pumps in history have also being used in case of the natural calamities like floods to pump out water from a waterlogged area.

The axial flow can be deployed in applications requiring high flow rates, and low pressures. The axial flow pumps are mainly used in power plants to circulate fluids, evaporators and sewage digesters. Irrigation and fisheries are the other two main sectors for the application of the axial flow pump market. These pumps have low aerodynamic losses, higher stage efficiencies, short blade lengths, smaller in dimensions and are easy to handle which will drive the growth of axial flow pumps during the given forecast period.

Based on its types, the global axial flow pump market can be segmented into mini watt and high power. The mini watt axial flow pumps will dominate the global axial flow pump market owing to their increased adoption in various end-use segments due to technological advancements in recent years.

Based on its applications, the global axial flow pump market can be segmented wastewater and water, oil & gas, petrochemical and chemical, pharmaceutical, food and beverages, mining, and others. The increased energy demand will see the oil and gas segment hold a larger market share in the global axial flow pump market over the given forecast period.

The major market driver for the global axial flow pump market is the rising investments taking place in the wastewater treatments plants and the increase in oil field activities taking place to satisfy the increased energy demand. The rapid urbanization and industrialization around the globe will also positively affect the growth of the global axial flow pump market.

The key market restraint for the global axial flow pump market is the inefficiency faced in the operation of the pumps while dealing with the viscous fluids. The difficulties faced by the pump while operating at high pressure can also hamper the growth of the global axial flow pump market during the given forecast period.

Key Players Covered

Some of the major companies that are present in the global axial flow pump market are Sintech Pumps, MWI Pumps, Holland Pump Company, Patterson Pump Company, Emile Egger & Cie SA, Flowmore Limited, Huayang Intelligent Pumps, Ruthman Companies, Hebei Zidong Pump Industry Co.,Ltd, Thomas & Associates "The Pump Specialists"​, Brehnor Pumps (Pty) Ltd, PumpWrxs & Controls, JeffPro Fluid Solutions - Pumps and Packaged Pump Systems, and GRUNDFOS.

Regional Analysis

The global axial flow pump market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific regions are the largest market for the axial flow pumps, and this trend is set to continue over the given forecast period with the increased agricultural activities and exploration activities taking place in the region.

China and India have been the countries dominating the agricultural and industrial sectors in the region, and therefore these are the major countries for the axial flow pumps market. The increased energy demand and growing exploration activities have been the driving factors for the growth of the global axial flow pumps market in North America and the Europe region. Also, the growing chemical industry and power plants have driven the growth of the market.

Segmentation 

Key Industry Developments

• In May 2019, Dover Corporation announced about the acquisition of the All-Flo Pump Company, and now products of All-Flo Pump Company are part of pump solutions group units within the Dover’s Fluids segment. The acquisition will help Dover Corporation in widening its product portfolio and increase its global presence.  


• In April 2019, SFA Group announced about the acquisition of the Zehnder Pumpen GmbH which is a German pump maker company. The acquisition will help SFA increase its sales particularly in Germany and also increase the global presence with the help of 60 distributors worldwide.


• In February 2019, ITT announced the agreement signed to acquire Rheinhütte Pumpen Group which is the leading manufacturer and designer of centrifugal and axial flow pumps. The acquisition will boost ITT presence in Europe with an expanded product range and also enhanced pump engineering, manufacturing, testing, and channel market capabilities.