PUBLISHER: The Business Research Company | PRODUCT CODE: 1880699
PUBLISHER: The Business Research Company | PRODUCT CODE: 1880699
Single-acting plunger pumps are a type of positive displacement pump designed to move fluids through the reciprocating motion of a plunger within a stationary cylindrical chamber. These pumps operate by drawing fluid into the chamber during the plunger's backward stroke and discharging it during the forward stroke, with only one pumping action per revolution.
The single-acting plunger pumps market consists of sales by entities (organizations, sole traders and partnerships) of single-acting plunger pumps are naturally deployed in scenarios that demand steady flow at high pressure, such as injection, dosing and transfer of liquids. Complementary equipment often includes storage tanks, filtration systems, pressure regulators and control systems, while substitutes may include diaphragm pumps, gear pumps and centrifugal pumps depending on the application's pressure and flow requirements.
The global single-acting plunger pumps market reached a value of nearly $1,085.21 million in 2024, having grown at a compound annual growth rate (CAGR) of 3.18% since 2019. The market is expected to grow from $1,085.21 million in 2024 to $1,357.76 million in 2029 at a rate of 4.58%. The market is then expected to grow at a CAGR of 4.39% from 2029 and reach $1,682.76 million in 2034.
Growth In Chemical And Petrochemical Processing
During the historic period, the growth in chemical and petrochemical processing supported the growth of the single-acting plunger pumps market. These industries rely heavily on efficient and reliable pumping solutions to handle aggressive fluids and maintain continuous operations. As chemical and petrochemical plants increase production capacities and invest in infrastructure upgrades, the demand for high-performance single-acting plunger pumps will rise accordingly. Their ability to deliver precise flow control and withstand harsh operating conditions makes them essential in these sectors. Consequently, this industry growth is poised to create strong market opportunities and boost overall demand for single-acting plunger pumps. For instance, in 2024, according to the National Bureau of Statistics of China, a China-based government agency, the value added by China's chemical manufacturing sector grew by 8.9% year-on-year, outpacing the overall industrial growth of 5.8%. Therefore, the growth in chemical and petrochemical processing drove the growth of the single-acting plunger pumps market.
Innovative Pulse Control Features Improve Industrial Fluid Handling
Major companies operating in the single-acting plunger pumps market are focusing on integrating quick motion setting in single plunger pumps, to enhance pulse control and reduce flow pulsation. The aim is to improve the accuracy and efficiency of fluid handling in various industrial applications. For instance, in July 2023, FLOM, a Japan-based pump manufacturing company, has launched the SP-3 series single plunger pumps, offering improved flow and pressure performance for chemical process applications. With a maximum flow rate increased from 20 mL/min to 50 mL/min and pressure up to 35 MPa, these pumps feature a quick motion setting that enhances pulse control for smoother, continuous flow. The new medium pressure damper complements existing pulse dampers, enabling better vibration reduction across a wider pressure range. Available in stainless steel and PEEK versions, the SP-3 Series provides a cost-effective, low-pulsation alternative to dual plunger pumps, ideal for handling diverse solvents with precision and reliability.
The global single-acting plunger pumps market is fairly fragmented, with a large number of small players operating in the market. The top 10 competitors in the market made up 20.92% of the total market in 2024.
Single-Acting Plunger Pumps Global Market Opportunities And Strategies To 2034 from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global single-acting plunger pumps market as it emerges from the COVID-19 shut down.
Where is the largest and fastest-growing market for single-acting plunger pumps? How does the market relate to the overall economy; demography and other similar markets? What forces will shape the market going forward? The single-acting plunger pumps 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 history and forecasts market growth by geography. It places the market within the context of the wider single-acting plunger pumps market; and compares it with other markets.