Centrifugal Pump Global Market Report 2026

A centrifugal pump is a mechanical device that moves fluids by converting rotational kinetic energy from an electric motor or engine into hydrodynamic energy. It utilizes a rotating impeller to generate liquid flow through the pump. Centrifugal pumps are extensively used across various industries, including water and wastewater treatment, chemical processing, and oil and gas, and are valued for their efficiency, reliability, and ability to handle high flow rates.

The primary types of centrifugal pumps include overhung impellers, between bearings, and vertically suspended pumps. Vertically suspended pumps are designed to operate in a vertical position, enabling them to be submerged in water or other fluids. The different stages of centrifugal pumps include single-stage and multistage, with operations such as electrical, air-driven, and hydraulic. These pumps are utilized by various end-users, including industrial, agricultural, and domestic sectors.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs have affected the centrifugal pump market by increasing costs of castings, motors, and precision components used in pump manufacturing. Industrial and water treatment segments are most impacted, particularly in Asia Pacific manufacturing hubs. Elevated equipment prices have influenced procurement cycles. However, tariffs have encouraged localized manufacturing and regional supplier development.

The centrifugal pumps market research report is one of a series of new reports from The Business Research Company that provides centrifugal pumps market statistics, including centrifugal pump industry global market size, regional shares, competitors with a centrifugal pumps market share, detailed centrifugal pumps market segments, market trends, and opportunities, and any further data you may need to thrive in the centrifugal pump industry. This centrifugal pumps 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 centrifugal pump market size has grown strongly in recent years. It will grow from $43.46 billion in 2025 to $46.17 billion in 2026 at a compound annual growth rate (CAGR) of 6.2%. The growth in the historic period can be attributed to industrial infrastructure development, expansion of water treatment facilities, growth in oil and gas operations, increasing agricultural irrigation demand, adoption of mechanical fluid handling systems.

The centrifugal pump market size is expected to see strong growth in the next few years. It will grow to $58.15 billion in 2030 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to smart pump adoption, stricter energy efficiency regulations, growth in wastewater reuse projects, industrial automation expansion, rising demand for reliable fluid transport. Major trends in the forecast period include rising demand for energy efficient pumping systems, increasing adoption in water and wastewater projects, growth of smart and connected pump solutions, expansion of centrifugal pumps in industrial processing, rising preference for low maintenance pump designs.

The growth of the agriculture sector is expected to drive the expansion of the centrifugal pumps market in the coming years. The agriculture sector encompasses the production, processing, and distribution of crops, livestock, and other agricultural products. This sector is expanding due to changes in dietary habits, increased awareness of environmental concerns, and greater investment in agricultural research, development, and infrastructure. Centrifugal pumps support agricultural operations by providing reliable water management, irrigation, and related solutions, thereby enhancing productivity and efficiency. For example, in February 2024, the Department for Environment, Food & Rural Affairs, a UK-based government agency, reported that the average farm business income (FBI) across UK farms rose significantly from $50,461 (£46,500) in 2020/21 to $78,133 (£72,000) in 2021/22. Therefore, the expansion of the agriculture sector is driving the centrifugal pumps market.

Leading companies in the centrifugal pump market are focusing on developing advanced products, such as magnetic drive (mag-drive) pumps, to improve efficiency, reduce maintenance, and enhance safety by eliminating the need for shaft seals. Mag-drive pumps are centrifugal pumps designed to remove traditional shaft seals, thereby minimizing maintenance costs and preventing leaks of hazardous fluids. For instance, in February 2024, DESMI, a Denmark-based industrial pump manufacturer, launched mag-drive centrifugal pumps capable of handling corrosive and volatile fluids safely. These pumps feature a hermetically sealed design and an efficient magnetic coupling system, ensuring reliable and safe operation in demanding environments. This technology enhances operational safety and efficiency, meeting the strict fluid-handling requirements of industries such as chemical processing and pharmaceuticals.

In March 2023, KSB, a Germany-based pump manufacturer, acquired Bharat Pumps for an undisclosed amount. Through this acquisition, KSB aims to strengthen its pump business in India by gaining full ownership of technology related to various pump products, including reciprocating and centrifugal pumps. Bharat Pumps is an India-based manufacturer specializing in the production of a wide range of pumps, including reciprocating and centrifugal types.

Major companies operating in the centrifugal pump market are Dover Corporation, Baker Hughes Company, Ingersoll Rand Incorporated, Alfa Laval AB, Ebara Corporation, Grundfos Holding A/S, Pentair Public Limited Company, Flowserve Corporation, Sulzer Brothers Ltd., ITT Inc., Weir Group plc, Gardner Denver LLC, CIRCOR International, Inc., Ruhrpumpen Group, DESMI A/S, Shakti Pump Limited, HERMETIC-Pumpen GmbH, Klaus Union GmbH & Co. KG, CP Pumpen AG, HOMA Pumpenfabrik GmbH, Mody Pumps Inc., PSP Pumps Private Limited

Asia-Pacific was the largest region in the centrifugal pump market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the centrifugal pump market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the centrifugal pump market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The centrifugal pump market consists of sales of inline pumps, vertical pumps, submersible pumps, end suction pumps, and horizontal split case 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 that 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.

Centrifugal Pump Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses centrifugal 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.

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Where is the largest and fastest growing market for centrifugal pump ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The centrifugal 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, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Type: Overhung Impeller; Between Bearing; Vertically Suspended
• 2) By Stage: Single Stage; Multistage
• 3) By Operation: Electrical; Air-Driven; Hydraulic
• 4) By End-User: Industrial; Agricultural; Domestic
• Subsegments:
• 1) By Overhung Impeller: Single Stage Overhung Impeller Pumps; Multi-Stage Overhung Impeller Pumps; End Suction Overhung Impeller Pumps
• 2) By Between Bearing: Horizontal Between Bearing Pumps; Vertical Between Bearing Pumps; Multi-Stage Between Bearing Pumps
• 3) By Vertically Suspended: Vertical Inline Pumps; Vertical Turbine Pumps
• Companies Mentioned: Dover Corporation; Baker Hughes Company; Ingersoll Rand Incorporated; Alfa Laval AB; Ebara Corporation; Grundfos Holding A/S; Pentair Public Limited Company; Flowserve Corporation; Sulzer Brothers Ltd.; ITT Inc.; Weir Group plc; Gardner Denver LLC; CIRCOR International, Inc.; Ruhrpumpen Group; DESMI A/S; Shakti Pump Limited; HERMETIC-Pumpen GmbH; Klaus Union GmbH & Co. KG; CP Pumpen AG; HOMA Pumpenfabrik GmbH; Mody Pumps Inc.; PSP Pumps Private Limited
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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