Plastic Pumps Market: By Material, By Product Type, By Application and Geography
Plastic Pumps Market: By Material, By Product Type, By Application and Geography
Plastic Pumps Market size was valued at US$ 59.2 million in 2023 and is projected to grow at a CAGR of 4.1% during 2024-2030. The Plastic Pumps Market is projected to reach US$ 80.5 billion by 2030 at a CAGR of 4.5%. The plastic pump industry is expanding rapidly because of technology advancements and sustainability initiatives. Plastic pumps used to transport liquids and gases are divided into three types: direct lift, positive displacement, and impulse pumps. Some are submerged in fluids, while others function externally. These pumps are critical in many industries, particularly for water supply and fluid flow activities.
In the automotive industry, they are essential for duties like as water cooling and fuel injection. Key trends in the plastic pump market include increased demand for energy-efficient models as industry and municipalities seek to decrease operational costs and carbon footprints. Smart plastic pump systems with sensors and automation are becoming increasingly common, allowing for remote monitoring and predictive maintenance, which improves total operational efficiency. The water and wastewater treatment sector is also a significant market development driver, owing to urbanization and stringent water quality requirements.
Digitalization is further influencing the market, with a shift toward integrated solutions and services that provide comprehensive client support. Furthermore, emerging nations are seeing greater infrastructure investment, which is driving up demand for plastic pumps in a variety of applications, including agriculture and oil & gas. Overall, sustainability, efficiency, and digitization are the primary topics influencing the plastic pump industry.
Study Period
2024-2030Base Year
2023CAGR
4.5%Largest Market
Asia PacificFastest Growing Market
Asia Pacific
Rapid urbanization and industrialization, particularly in developing nations, are important drivers of the global plastic pump industry. The World Health Organization (WHO) predicts that roughly 68% of the global population will live in cities by 2050. As urban populations increase, so does the demand for critical infrastructure such as water supply, sewerage, and HVAC (heating, ventilation, and air conditioning) systems. This urban expansion needs the deployment of a diverse variety of plastic pumps to provide efficient water supply and proper sanitation system operation, resulting in a promising outlook for the plastic pumps market.
Another significant driver is industrialization, which necessitates the development of durable plastic pump systems to manage fluids, chemicals, and other materials used in manufacturing processes. Plastic pumps are crucial for a variety of industrial applications, including cooling, heating, and hazardous material transport. For example, in the manufacturing industry, plastic pumps are critical for maintaining cooling systems that keep machines functioning and efficient.
Infrastructure development, particularly in emerging nations, is driving a large increase in demand for plastic pumps. Governments and corporate groups are making significant investments in infrastructure development and upgrades, such as transportation networks, water and wastewater treatment facilities, and electricity producing plants. For example, in March 2024, the Prime Minister of India inaugurated several connectivity projects in Kolkata totalling $1.8 billion. These infrastructure projects necessitate a diverse range of plastic pumps for a variety of applications, including dewatering, sewage management, water delivery, and cooling systems.
However, the plastic pumps market also faces certain restraints. Environmental issues over plastic consumption, particularly those connected to sustainability and waste management, provide difficulties for the market. The growing emphasis on eliminating plastic waste, combined with increased governmental demands to reduce plastic usage, may hinder the broad adoption of plastic pumps. Furthermore, the availability of alternative materials, such as metal or composite pumps, which provide greater durability and performance in specific applications, may limit the market growth of plastic pumps.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The Asia Pacific region is the largest sector in the worldwide pumps market due to several compelling factors. Rapid urbanization and industrialization in countries such as China, India, and Southeast Asia are key factors. As these economies expand, there is a greater demand for infrastructure development, such as water supply, sewage treatment, and industrial operations that rely significantly on pump systems. Furthermore, the region's major investments in the manufacturing, construction, and energy sectors have boosted pump demand. The agricultural industry, which is essential in nations such as India and China, also drives the demand for irrigation pumps. The large population of Asia Pacific and economic growth constitute a significant market for pumps, which is bolstered by increased foreign investment and the expansion of local industry.
Latin America
Europe
Asia Pacific
Middle East
North America
|
Report Benchmarks |
Details |
|
Report Study Period |
2024-2030 |
|
Market Size in 2023 |
US$ 59.2 million |
|
Market Size in 2030 |
US$ 80.5 billion |
|
Market CAGR |
4.5% |
|
By Material |
|
|
By Product Type |
|
|
By Application |
|
Download Free Sample Report
The Plastic Pumps Market was valued at US$ 59.2 million in 2023 and is projected grow at a CAGR of 4.5%.
Rapid urbanization and industrialization are driving the worldwide plastic pumps market, increasing demand for infrastructural and industrial applications, respectively.
Energy-efficient and smart plastic pump systems are becoming increasingly popular as a means of meeting environmental goals and improving operational efficiency.
Market research is segmented based on material, product type, application and region.
Asia Pacific is estimated to fastest growing region with the highest CAGR over the forecast period.
| 1.Executive Summary |
| 2.Global Plastic Pumps Market Introduction |
| 2.1.Global Plastic Pumps Market - Taxonomy |
| 2.2.Global Plastic Pumps Market - Definitions |
| 2.2.1.Material |
| 2.2.2.Product Type |
| 2.2.3.Application |
| 2.2.4.Region |
| 3.Global Plastic Pumps Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Plastic Pumps Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Plastic Pumps Market By Material, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Polypropylene |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Polyvinylidene fluoride |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6.Global Plastic Pumps Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Centrifugal Pump |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Positive Displacement Pump |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Others |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 7.Global Plastic Pumps Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. Agriculture |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Water and Wastewater |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Power Generation |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Oil and Gas |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Construction and Building Services |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Chemicals |
| 7.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Others |
| 7.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 8.Global Plastic Pumps Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Plastic Pumps Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Material Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Polypropylene |
| 9.1.2.Polyvinylidene fluoride |
| 9.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Centrifugal Pump |
| 9.2.2.Positive Displacement Pump |
| 9.2.3.Others |
| 9.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Agriculture |
| 9.3.2.Water and Wastewater |
| 9.3.3.Power Generation |
| 9.3.4.Oil and Gas |
| 9.3.5.Construction and Building Services |
| 9.3.6.Chemicals |
| 9.3.7.Others |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Plastic Pumps Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Polypropylene |
| 10.1.2.Polyvinylidene fluoride |
| 10.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Centrifugal Pump |
| 10.2.2.Positive Displacement Pump |
| 10.2.3.Others |
| 10.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Agriculture |
| 10.3.2.Water and Wastewater |
| 10.3.3.Power Generation |
| 10.3.4.Oil and Gas |
| 10.3.5.Construction and Building Services |
| 10.3.6.Chemicals |
| 10.3.7.Others |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 11.Asia Pacific (APAC) Plastic Pumps Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Polypropylene |
| 11.1.2.Polyvinylidene fluoride |
| 11.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Centrifugal Pump |
| 11.2.2.Positive Displacement Pump |
| 11.2.3.Others |
| 11.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Agriculture |
| 11.3.2.Water and Wastewater |
| 11.3.3.Power Generation |
| 11.3.4.Oil and Gas |
| 11.3.5.Construction and Building Services |
| 11.3.6.Chemicals |
| 11.3.7.Others |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Plastic Pumps Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Polypropylene |
| 12.1.2.Polyvinylidene fluoride |
| 12.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Centrifugal Pump |
| 12.2.2.Positive Displacement Pump |
| 12.2.3.Others |
| 12.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Agriculture |
| 12.3.2.Water and Wastewater |
| 12.3.3.Power Generation |
| 12.3.4.Oil and Gas |
| 12.3.5.Construction and Building Services |
| 12.3.6.Chemicals |
| 12.3.7.Others |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Plastic Pumps Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Material Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Polypropylene |
| 13.1.2.Polyvinylidene fluoride |
| 13.2. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Centrifugal Pump |
| 13.2.2.Positive Displacement Pump |
| 13.2.3.Others |
| 13.3. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Agriculture |
| 13.3.2.Water and Wastewater |
| 13.3.3.Power Generation |
| 13.3.4.Oil and Gas |
| 13.3.5.Construction and Building Services |
| 13.3.6.Chemicals |
| 13.3.7.Others |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Vaughan Company |
| 14.2.2.SLB |
| 14.2.3.Pentair |
| 14.2.4.Ingersoll Rand |
| 14.2.5.KSB SE & Co. KGaA |
| 14.2.6.Grundfos Holding A/S |
| 14.2.7.Flowserve Corporation |
| 14.2.8.Sulzer Ltd |
| 14.2.9.Ebara Corporations |
| 14.2.10.ITT Inc |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
Key Market Players
Download Free Sample
