PUBLISHER: The Business Research Company | PRODUCT CODE: 1727894
PUBLISHER: The Business Research Company | PRODUCT CODE: 1727894
A plunger pump is a type of positive displacement pump that employs a reciprocating plunger mechanism to generate high-pressure fluid flow. It offers outstanding efficiency, durability, and precision in handling various liquids, making it suitable for demanding industrial applications that require consistent and reliable performance under high-pressure conditions.
The main types of plunger pumps include hydraulic plunger pumps, air-operated plunger pumps, electric plunger pumps, and mechanical plunger pumps. Hydraulic plunger pumps are positive displacement pumps that use a reciprocating plunger to create high-pressure fluid flow, commonly used in industries such as water jetting, oil and gas, and high-pressure cleaning. These pumps feature various plunger configurations, including single plunger, dual plunger, and multi-plunger, and are made from materials such as stainless steel, cast iron, plastic, and bronze. They are utilized in diverse applications, including water treatment, oil and gas, chemical processing, food and beverage, and pharmaceuticals.
The plunger pump market research report is one of a series of new reports from The Business Research Company that provides plunger pump market statistics, including plunger pump industry global market size, regional shares, competitors with a plunger pump market share, detailed plunger pump market segments, market trends and opportunities, and any further data you may need to thrive in the plunger pump industry. This plunger pump market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The plunger pump market size has grown steadily in recent years. It will grow from $3.06 billion in 2024 to $3.17 billion in 2025 at a compound annual growth rate (CAGR) of 3.8%. The growth during the historic period can be attributed to factors such as increasing industrialization, a rising demand for efficient fluid transfer solutions, higher investments in water treatment and desalination projects, growing construction activities, and an increasing need for high-pressure cleaning applications.
The plunger pump market size is expected to see steady growth in the next few years. It will grow to $3.66 billion in 2029 at a compound annual growth rate (CAGR) of 3.6%. The growth during the forecast period can be attributed to factors such as rising investments in renewable energy projects, increasing demand for environmentally friendly pumping solutions, a greater focus on reducing carbon footprints, the rising need for customized pumping solutions, and the growing trend toward digitalization in industrial processes. Key trends in this period include the automation of industrial processes, advancements in materials for pump construction, the development of hybrid pumping systems, integration of artificial intelligence to optimize pump operations, and the creation of high-pressure pump variants.
The growth of the oil and gas industry is expected to drive the expansion of the plunger pump market. This sector is vast, covering the exploration, extraction, refining, distribution, and use of petroleum and natural gas resources. The increasing demand for energy, advancements in extraction technologies, and rising exploration efforts in various regions are key drivers of the oil and gas industry's growth. Plunger pumps are essential to this industry as they provide high-pressure fluid delivery for crucial processes such as well stimulation, chemical injection, and pipeline transport, ensuring efficiency, reliability, and durability in harsh conditions. For example, in March 2023, the Office for Budget Responsibility (OBR), a UK government agency, projected that North Sea oil and gas revenues would average $10.9 billion (£8.6 billion) annually between 2022-23 and 2027-28, a significant rise from the $1 billion (£0.8 billion) annual average recorded in the previous six years. This increase in the oil and gas industry is driving demand for plunger pumps.
Companies in the plunger pump market are focusing on innovations, such as high-performance pumps that offer compact, lightweight, and high-power-density solutions. These plunger pumps are positive displacement pumps that use a reciprocating plunger to generate high pressures, usually between 10 MPa and 100 MPa, making them suitable for demanding applications such as water jetting, oil and gas, and industrial cleaning. In April 2022, URACA GmbH & Co. KG, a Germany-based manufacturer of high-pressure pumps, introduced the P3-19 plunger pump. The P3-19 is designed to deliver superior power density and enhanced operational efficiency with a compact, lightweight structure and an optimized input shaft position, making it easy to install on sewer cleaning trucks. Its integrated gear drive and crankcase sealing improve durability and reliability, making it ideal for municipal and industrial high-pressure cleaning tasks.
In June 2024, Interpump Group S.p.A., an Italy-based high-pressure pump company, acquired Alfa Valvole, a manufacturer of pumps and valves. The terms of the deal were not disclosed. This acquisition allows Interpump Group to expand its product range to include precision dosing pumps and valves, strengthening its portfolio for fluid control applications across various industries.
Major players in the plunger pump market are Parker Hannifin Corporation, Atlas Copco AB, Dover Corporation, Ingersoll Rand Inc., Flowserve Corporation, KSB SE & Co. KGaA, Graco Inc., Gardner Denver Holdings Inc., SPX Flow Inc., Ruhrpumpen Group Inc., LEWA GmbH, IDEX Corporation, Maruyama Manufacturing Company Inc., Pleuger Industries GmbH, Prominent Fluid Controls Inc., Grundfos Holding A/S, Standard Industrial Corp., Kamat Pumpen GmbH, Cat Pumps Inc., Triangle Pump Components Inc.
North America was the largest region in the plunger pump market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in plunger pumps report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the plunger pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The plunger pumps market consists of sales of high-pressure plunger pumps, reciprocating piston pumps, plunger dosing pumps, and high-viscosity pumps. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Plunger Pump Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on plunger pump market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for plunger pump ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The plunger pump market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.