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Report Overview

The Europe centrifugal pumps market reached around USD 8.96 Billion in 2024. The market is projected to grow at a CAGR of 4.20% between 2025 and 2034 to reach nearly USD 13.52 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • As reported by Eurostat, the agricultural sector made a contribution of €215.5 billion to the GDP of Europe in the year 2022.
  • The chemical sector ranks as the fourth largest sector within the European Union.
  • In 2023, construction investment in Europe hit €1,683 billion, consequently driving up the demand for centrifugal pumps in the sector.

Compound Annual Growth Rate

Value in USD Billion

4.2%

2025-2034


Europe Centrifugal Pump Market Outlook

*this image is indicative*

Europe Centrifugal Pump Market Report Summary Description Value
Base Year USD Billion 2024
Historical Period USD Billion 2018-2024
Forecast Period USD Billion 2025-2034
Market Size 2024 USD Billion 8.96
Market Size 2034 USD Billion 13.52
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 4.20%
CAGR 2025-2034 - Market by Country Germany 5.0%
CAGR 2025-2034 - Market by Application Water and Wastewater 4.7%
CAGR 2025-2034 - Market by Operation Type Electric 4.6%

Europe Centrifugal Pump Market Growth

In 2023, the construction production volumes within the European Union saw a modest increase of 0.1%. This slight uptick can be largely attributed to a robust performance in the first quarter of the year. The construction sector, particularly in the realm of infrastructure, has shown a consistent upward trajectory, with infrastructure volumes recording notable increases of 2.4% in 2022 and an even more impressive 3.2% in 2023. This steady growth in infrastructure development has played a significant role in bolstering the overall construction volumes across the EU. Centrifugal pumps have become essential instruments for construction endeavours of all scales, from small residential projects to large infrastructure developments. Their role in ensuring smooth operations and facilitating the movement of materials underscores their importance in the construction sector, making them a critical asset for contractors and project managers alike.

In 2021, Europe possessed an agricultural land area totalling 460 million hectares. Approximately 10% of this cropland, equating to 27 million hectares, was equipped for irrigation. Centrifugal pumps play a vital role in contemporary irrigation systems, facilitating the efficient use of water and boosting agricultural productivity. Their capacity to provide water in a reliable and effective manner renders them essential for farmers seeking to increase crop yields while conserving water resources.

Key Trends and Developments

Europe Centrifugal Pump Market Trends

The growing infrastructure development and urbanisation are contributing to a rising demand for centrifugal pipes. Additionally, heightened investments in water and wastewater treatment facilities are propelling the need for centrifugal pumps, which play a crucial role in the transportation of water and the management of wastewater within treatment plants.

Moreover, as the global focus on sustainability intensifies, investments in renewable energy infrastructure are expected to grow, leading to an increased need for efficient and reliable pumping solutions. This trend not only supports the growth of the centrifugal pump market but also aligns with broader environmental goals aimed at reducing carbon emissions and promoting cleaner energy sources. Consequently, manufacturers and suppliers of centrifugal pumps are witnessing a surge in demand as they cater to the evolving needs of the renewable energy sector, ultimately contributing to a more sustainable future.

Europe Centrifugal Pump Industry Segmentation

Europe Centrifugal Pump Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type:

  • Overhung Impeller
  • Vertically Suspended
  • Between Bearing

Market Breakup by Flow Type:

  • Axial Flow Pump
  • Radial Flow Pump
  • Mixed Flow Pump

Market Breakup by Stage:

  • Single Stage Pump
  • Multi-Stage Pump

Market Breakup by Operation Type:

  • Hydraulic
  • Electric
  • Air-Driven

Market Breakup by End Use:

  • Oil and Gas
  • Chemicals
  • Construction and Building
  • Power Generation
  • Water and Wastewater
  • Agriculture
  • Others

Market Breakup by Country:

  • United Kingdom
  • Germany
  • France
  • Italy
  • Others
CAGR 2025-2034 - Market by Operation Type
Electric 4.6%
Hydraulic XX%
Air-Driven XX%
CAGR 2025-2034 - Market by Application
Water and Wastewater 4.7%
Chemicals 4.4%
Oil and Gas XX%
Construction XX%
Power XX%
Others XX%
CAGR 2025-2034 - Market by Country
Germany 5.0%
United Kingdom 4.3%
France XX%
Italy XX%
Others XX%

Europe Centrifugal Pump Market Share

Based on the end use, the market is segmented into oil and gas, chemicals, construction and building, power generation, water and wastewater, and agriculture, among others. The oil and gas sector is projected to grow at a CAGR of 4.5% during the forecast period of 2025-2034. The high flow rate of centrifugal pumps and their ability to handle a wide range of viscosities are boosting their applications in the oil and gas sector.

Leading Companies in the Europe Centrifugal Pump Market

Major players are focusing on the adoption of technological innovations to gain a competitive edge in the market.

  • Dover Corp.
  • Baker Hughes Company
  • Ebara Corp.
  • Corporación EG (Ruhrpumpen, Inc.)
  • Flowserve Corp.
  • Xylem Inc.
  • Sulzer AG
  • Weir Group Plc
  • KSB SE & Co. KGaA
  • Schlumberger N.V.
  • EDUR-Pumpenfabrik Eduard Redlien GmbH & Co. KG
  • Others

The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2024, the market attained a value of nearly USD 8.96 Billion.

The market is assessed to grow at a CAGR of 4.20% between 2025 and 2034.

The market is estimated to reach around USD 13.52 Billion by 2034.

The market is being driven by rising infrastructural developments in the region and the thriving chemical sector.

The key trends aiding the market expansion include rising technological innovations and the wide use of centrifugal pumps in irrigation practices.

The different types of centrifugal pipes in the market are overhung impeller, vertically suspended, and between bearing.

The major countries considered in the market are United Kingdom, Germany, France, and Italy, among others.

The major players in the market are Dover Corp., Baker Hughes Company, Ebara Corp., Corporación EG (Ruhrpumpen, Inc.), Flowserve Corp., Xylem Inc., Sulzer AG, Weir Group Plc, KSB SE & Co. KGaA, Schlumberger N.V., and EDUR-Pumpenfabrik Eduard Redlien GmbH & Co. KG, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment

  • Type
  • Flow Type
  • Stage
  • Operation Type
  • Application
  • Region
Breakup by Type
  • Overhung Impeller
  • Vertically Suspended
  • Between Bearing
Breakup by Flow Type
  • Axial Flow Pump
  • Radial Flow Pump
  • Mixed Flow Pump
Breakup by Stage
  • Single Stage Pump
  • Multi-Stage Pump
Breakup by Operation Type
  • Hydraulic
  • Electric
  • Air-Driven
Breakup by Application
  • Oil and Gas
  • Chemicals
  • Construction
  • Power
  • Water and Wastewater
  • Agriculture
  • Others
Breakup by Region
  • United Kingdom
  • Germany
  • France
  • Italy
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Dover Corp.
  • Baker Hughes Company
  • Flowserve Corp.
  • Corporación EG (Ruhrpumpen, Inc.)
  • Xylem Inc.
  • Sulzer AG
  • Ebara Corp.
  • Weir Group Plc
  • KSB SE & Co. KGaA
  • Schlumberger N.V.
  • EDUR-Pumpenfabrik Eduard Redlien GmbH & Co. KG
  • Others

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