Twin Screw Pumps Market Size, Share, and Industry Analysis, By Product Type (Multiphase Pumps and Non-multiphase Pumps), By Pressure Range (Up to 10 bar, 10 to 20 bar, and Above 20 bar), By End-Use Industry (Food and Beverage, Chemicals and Petrochemicals, Oil and Gas, Cosmetics and Personal Care, Sewage and Wastewater Treatment, Utility, and Others), and Regional Forecast, 2024-2032

Twin screw pump is a type of positive displacement pump used for consistent and controlled transfer of fluids. Twin screw pumps handle various types of fluids such as lubricating oils, fuel oils, chemicals, polymers, resins, biofuels, wastewater, sludge, and mining slurries. Substantial growth across industries such as oil and gas, chemicals, petrochemicals, marine, food and beverage, pharmaceutical, and wastewater treatment are predominantly creating a strong demand for the pumps market.

Twin screw pumps are versatile carrying a wide range of fluids at varying temperatures. Several industries such as food and beverages, personal care, pharmaceuticals, oil and gas are viscous fluids and slurry creating significant demand for twin screw pumps. The cosmetics and pharmaceutical industry has recorded a tremendous expansion in the past few years. For instance, according to Cosmetics Europe, the Europe market for cosmetics and personal care products was valued at about USD 93 trillion in the year 2022. Additionally, considerable financial commitment is being provided by the manufacturing companies for innovative products. The manufacturing and conveying of such personal care creams, lotions, and other products requires high-quality pumps which is fulfilled by twin screw pumps.

Manufacturers are focusing on expansion strategies and are striving to build innovative, durable, and high-performance pumps. Several manufacturing companies are looking forward to developing multi-purpose pumps that aid in cleaning functions along with conveying fluids. For instance,

• In October 2023, GEA Group Aktiengesellschaft expanded its product portfolio by introducing a twin screw pump, named GEA Hilge NOVATWIN+ that provides conveying and cleaning functions in the same pump. The new model has improved design, provides a higher flow rate, and is energy efficient saving the operating cost for the customers.

Manufacturing plants and several other production facilities were under a temporary halt during the COVID-19 pandemic period. Supply chain disruptions and extended lockdowns had a severe impact on the twin screw pumps market. However, the food and beverages and oil and gas industries recorded relatively less impact compared to other industries. The COVID-19 pandemic created a strong demand for packaged products, especially from food and beverages, cosmetics, and the personal care industry. The relaxation of COVID-19 measures is further expected to boost the demand for the screw pumps during the projected period.

The increasing need for maintenance of industrial components and growing manufacturing facilities across several geographies are projected to boost the market demand for twin screw pumps over the coming years.

Key Insights

The report covers the following key insights:

• Micro Macro Economic Indicators


• Drivers, Restraints, Trends, and Opportunities


• Business Strategies Adopted by Pivotal Players


• Impact of COVID-19 on the Twin Screw Pumps Market


• Consolidated SWOT Analysis of Key Players

Segmentation

Analysis by End-Use Industry

By end-use industry, the market has been classified into food and beverage, chemicals and petrochemicals, oil and gas, cosmetics and personal care, sewage and wastewater treatment, utility, and others. Twin screw pumps find their extensive application in the oil and gas industry to transfer crude oil and gas for long distances. These pumps find their usage in handling high volumes of emulsions, multiphase liquid with gas contents, and other fluids in up-stream, mid-stream, and down-stream sectors. Though oil and gas producers are facing challenges due to the climate crisis, the demand will remain steady over the upcoming period.

Rapid industrialization across geographical regions and the expansion of product portfolios by key manufacturers across geographies is further anticipated to create strong demand for the twin screw pumps market over the study period. These pumps are finding their applications in deep-sea exploration, power, energy, and mining sectors, generating strong growth prospects for the market.

Regional Analysis

The global twin screw pumps market is divided into five regions: North America, Europe, Asia Pacific, the Middle East and Africa, and South America.

The Asia Pacific dominates the market for twin screw pumps. The region has become aware of personal care and beauty products creating strong demand for the products. Government initiatives, supporting policies, and growing disposable income are all creating significant demand for these products, demanding the expansion of industrial components such as screw pumps. Manufacturing facilities are expanding across the region which is boosting the demand for screw pumps across the market.

The Asia Pacific is one of the prominent conveyors of viscous liquids through ships and cargo generating huge demand for fluid-transfer components such as twin screw pumps. Many developing countries such as India are also focusing on shipbuilding activities that are further expected to boost the demand for the pumps over the forecast period. Several manufacturing companies are focused on investing in product development activities to expand their market reach across the region.

By region, the distribution of the twin screw pumps market is as follows:

• North America – 26%


• South America – 5%


• Europe – 29%


• The Middle East and Africa – 7%


• Asia Pacific – 33%

Key Players Covered

Key players in the market include NETZSCH Pumps LLC, ALFA LAVAL, CIRCOR International Inc., Flowserve Corporation, ITT BORNEMANN GmbH, and IWAKI CO., LTD.

Key Industry Developments

• November 2022: NETZSCH Pumps North America, LLC introduced NOTOS Sanitary 2NSH twin screw pump that can be applied for various industries such as food and beverages, chemicals, pharmaceuticals, and cosmetics.


• July 2022: CIRCOR International Inc. expanded its Houttuin 200 series of twin-screw pump, named Houttuin 249 which complies with API 676 standards. The new model introduced was designed to accommodate shaft sealing solutions and is cost-efficient.