Latin America Positive Displacement Pumps Market Size (2024 - 2029)

The Latin America positive displacement pump market is experiencing growth driven by the increasing demand for wastewater treatment in industries such as refining, chemical, and pharmaceuticals. The region's rich natural resources and the significance of the extractive industry further contribute to the market's expansion, with oil and gas being the primary end-user alongside power generation, construction, and mining. Despite the COVID-19 pandemic causing supply chain disruptions and reduced demand, the market is expected to recover as industrialization and construction activities rise. The need for effective wastewater treatment and the development of civic water infrastructure are key factors boosting the market size, alongside advancements in technologies like desalination and zero-liquid discharge.

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Market Size of Latin America Positive Displacement Pumps Industry

Latin America Positive Displacement Pumps Market
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 5.20 %
Market Concentration Low

Major Players

Latin America Positive Displacement Pumps Market Major Players

*Disclaimer: Major Players sorted in no particular order

Latin America Positive Displacement Pumps Market Analysis

The Latin America positive displacement pump market is expected to grow at a CAGR of 5.2% during the forecast period of the year 2022 to 2027. With the uncertainties of COVID-19 in consideration, the pandemic's direct and indirect impacts on many end-use industries are being tracked and evaluated on a regular basis. These findings are cited in the study as a significant market contributor. The increased need for wastewater treatment from the refining, chemical, and pharmaceutical industries is driving market expansion.

  • Latin America has an abundance of natural resources. As a result, the extractive industry is critical to the economies of the countries. Although the oil and gas industry is the major end-user, sales are also driven by other industries including as power generation, water and wastewater, construction, chemical processes, food and beverage, pharmaceuticals, and metals and mining.
  • The COVID-19 pandemic has had a significant effect on the production of oil, gas, and electricity in Latin America. Positive displacement pumps are in less demand throughout the region as a result of supply chain interruptions and delays in project construction activity. Also, It was expected that positive displacement pump market pump sales will likely resume after the end of COVID-19 pandemic. Further rising industrialization, increased construction projects, and increased mining activity in the region are the primary drivers boosting demand for positive displacement pumps in Latin America.
  • The rising need to treat wastewater created by the industrial sector, along with declining groundwater levels, will drive market demand for positive displacement pumps in the future. Positive displacement pumps have high viscosity, solids handling capability, efficiency, and accurate repeatable measurement, all of which contribute to market growth.
  • Additionally, The rapid development of civic water utility infrastructure in emerging regions such as Latin America has led to increased demand for positive displacement pumps. The demand for sewage treatment has increased massively in both public and industrial sectors with increased number of pumping units installed base. Technologies such as desalination and ZLD (zero-liquid discharge) is expected to boost the market for positive displacement pumps market in civic and industrial sectors.

Latin America Positive Displacement Pumps Industry Segmentation

The report's scope provides a comprehensive analysis of the Latin American positive displacement pump market. The study is divided into types such as reciprocating pumps and rotary pumps and further into the diaphragm, piston, plunger, gear, lobe, progressive cavity, screw, vane, and peristaltic, as well as end-user industries such as oil and gas, chemicals, and food and beverage, water & wastewater, pharmaceutical, power, and others. It provides a detailed study of each segment.

The research includes industry challenges, market drivers, market restraints, revenue and growth predictions, technological trends, and competition analysis. It also covers the assessment of COVID-19 and the impact of COVID-19 pandemic over the market.

Type
Reciprocating Pumps
Diaphragm
Piston
Plunger
Rotary Pumps
Gear
Lobe
Screw
Vane
Peristaltic
Progressive Cavity
End-User
Oil & Gas
Chemicals
Food & Beverages
Water & Wastewater
Pharmaceuticals
Power
Others
Geography
Brazil
Colombia
Mexico
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Latin America Positive Displacement Pumps Market Size Summary

The Latin America positive displacement pump market is poised for significant growth, driven by the increasing demand from various industries such as oil and gas, power generation, and wastewater treatment. The market's expansion is supported by the region's rich natural resources, which bolster the extractive industries, particularly oil and gas, as major end-users of these pumps. Despite the challenges posed by the COVID-19 pandemic, including supply chain disruptions and project delays, the market is expected to recover and grow, fueled by rising industrialization, construction activities, and mining operations. The need for efficient wastewater treatment and the development of civic water utility infrastructure further contribute to the market's positive outlook.

Brazil stands out as a leading contributor to the market's revenue, with its increasing industrial activities necessitating the use of positive displacement pumps to address groundwater contamination and low water levels. The market is characterized by a fragmented landscape with key players like Flowserve Corp., Atlas Copco, and Xylem Inc. actively participating. Recent acquisitions and product innovations, such as those by Abel Pumps and Atlas Copco, highlight the dynamic nature of the market. The ongoing investments in oil and gas, along with the expansion of mining activities in countries like Peru and Chile, are expected to drive sustained demand for positive displacement pumps across the region.

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Latin America Positive Displacement Pumps Market Size - Table of Contents

  1. 1. MARKET INSIGHTS

    1. 1.1 Market Overview

    2. 1.2 Industry Attractiveness -Porter's Five Forces Analysis

      1. 1.2.1 Threat of New Entrants

      2. 1.2.2 Bargaining Power of Buyers/Consumers

      3. 1.2.3 Bargaining Power of Suppliers

      4. 1.2.4 Threat of Substitute Products

      5. 1.2.5 Intensity of Competitive Rivalry

    3. 1.3 Industry Value Chain Analysis

    4. 1.4 Impact of COVID-19 on the Market

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Reciprocating Pumps

        1. 2.1.1.1 Diaphragm

        2. 2.1.1.2 Piston

        3. 2.1.1.3 Plunger

      2. 2.1.2 Rotary Pumps

        1. 2.1.2.1 Gear

        2. 2.1.2.2 Lobe

        3. 2.1.2.3 Screw

        4. 2.1.2.4 Vane

        5. 2.1.2.5 Peristaltic

        6. 2.1.2.6 Progressive Cavity

    2. 2.2 End-User

      1. 2.2.1 Oil & Gas

      2. 2.2.2 Chemicals

      3. 2.2.3 Food & Beverages

      4. 2.2.4 Water & Wastewater

      5. 2.2.5 Pharmaceuticals

      6. 2.2.6 Power

      7. 2.2.7 Others

    3. 2.3 Geography

      1. 2.3.1 Brazil

      2. 2.3.2 Colombia

      3. 2.3.3 Mexico

Latin America Positive Displacement Pumps Market Size FAQs

The Latin America Positive Displacement Pumps Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029)

Atlas Copco, Xylem Inc., SPX FLOW, Inc, The Weir Group Plc and Flowserve Corporation are the major companies operating in the Latin America Positive Displacement Pumps Market.

Latin America Positive Displacement Pumps Report Snapshots

Latin America Positive Displacement Pumps Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)