Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
The United States centrifugal pumps market reached around USD 5.73 Billion in 2023. The market is projected to grow at a CAGR of 3.00% between 2024 and 2032 to reach nearly USD 7.48 Billion by 2032.
Base Year
Historical Year
Forecast Year
United States Centrifugal Pump Market Report Summary | Description | Value |
Base Year | USD Billion | 2023 |
Historical Period | USD Billion | 2018-2023 |
Forecast Period | USD Billion | 2024-2032 |
Market Size 2023 | USD Billion | 5.73 |
Market Size 2032 | USD Billion | 7.48 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 3.0% |
CAGR 2024-2032 - Market by Region | Mideast | 3.3% |
CAGR 2024-2032 - Market by Application | Oil and Gas | 3.4% |
CAGR 2024-2032 - Market by Operation Type | Electric | 3.7% |
The construction sector plays a significant role in the U.S. economy. As of the first quarter of 2023, there were over 919,000 construction establishments operating in the United States. This sector is among the largest consumers of products from manufacturing, mining, and a diverse range of services. Centrifugal pumps are particularly preferred in construction because of their high efficiency, capacity to manage substantial water volumes, and versatility in different site conditions. Their function in providing a consistent water supply and managing fluids on construction sites is essential for ensuring both productivity and safety. Additionally, centrifugal pumps are vital to the process of industrialisation, serving a significant function in numerous sectors owing to their adaptability, efficiency, and capacity to manage a diverse array of fluids.
The American Chemistry Council (ACC) projects that chemical production volumes in the United States will attain a 2.2% growth rate in 2024, followed by a growth of 1.9% in 2025. This rise in the production of chemicals in the region is expected to drive the demand for centrifugal pipes. Centrifugal pipes play a vital role in chemical manufacturing by offering dependable and efficient methods for managing diverse fluids under different conditions. Their adaptability and potential for customisation for particular applications render them essential in the chemical sector.
Value in USD Billion
2024-2032
United States Centrifugal Pump Market Outlook
*this image is indicative*
Wide application of centrifugal pumps, growing adoption of energy-efficient centrifugal pumps, rising use of advanced materials in centrifugal pumps, and technological advancements are favouring the United States centrifugal pumps market expansion
November 2023
US-based Xylem launched vertical in-line centrifugal pumps for head and flow applications like hydronic heating and cooling and light industrial processes. The pump also features various seal options as well as 10 large in-line pumps.
December 2020
Blackmer, an Illinois-based Dover company, announced the launch of its System One® High Temperature Series Centrifugal Pumps. The new pumps can exceed the 400°F (204°C) standard temperature limit and support reliable and safe transfer of valuable and critical fluids in diverse applications, such as petrochemicals, plastics, thermal oils, paper, and heat transfer.
March 2020
GEA launched its range of hygienic centrifugal pumps in the United States to offer excellent efficiency, quality, and hygiene to sectors such as pharmaceuticals, dairy, and food and beverages.
Benefits of Centrifugal Pumps
Centrifugal pumps offer various benefits such as low costs, high efficiency, low maintenance requirements, and simple design. Such pumps are capable of handling huge volumes of liquid and different heads, driving their applications in commercial, industrial, scientific, and residential activities.
Diverse Applications of Centrifugal Pumps
Sectors like agriculture, oil and gas, petrochemicals, power generation, HVAC, water supply, and waste management, among others, extensively utilise centrifugal pumps due to their ability to handle and transport a diverse range of fluids.
Rising Use of Advanced Materials in Centrifugal Pumps
Centrifugal pumps are increasingly manufactured using innovative materials with high erosion and corrosion resistance, extending their operational efficiency and lowering the requirement for premature replacements and frequent maintenance.
Development of Energy-Efficient Centrifugal Pumps
Leading companies are developing vertical, self-priming, horizontal, and multiple-stage centrifugal pumps that can optimise the operation of fluid systems, minimise environmental impact, and lower energy consumption.
Growing Integration of Advanced Technologies in Centrifugal Pumps
There is a rising integration of advanced technologies and systems like advanced control software and sensor-based monitoring systems in centrifugal pumps to enable precise regulation of pressure and flow rate and enhance their efficiency.
Centrifugal pumps can withstand high levels of corrosive liquids from different chemicals, boast energy efficiency and smooth flow, and offer enhanced reliability as well as size versatility. Such benefits make them ideal for transferring fluids such as fuels, water, oils, and chemicals, making them indispensable in end-use sectors like oil and gas production, chemical processing, and power generation, among others.
The development of innovative pumps with advanced fluid-dynamic engineering, high-efficiency materials, optimised blade profiles, and intelligent control systems is expected to drive the energy efficiency and sustainability of centrifugal pumps. Besides, innovative designs that can minimise erosion and clogging enhance the operational performance of centrifugal pumps while reducing waste production and energy consumption.
United States Centrifugal Pump Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Flow Type
Market Breakup by Stage
Market Breakup by Operation Type
Market Breakup by End Use
Market Breakup by Region
CAGR 2024-2032 - Market by | Region |
Mideast | 3.3% |
New England | XX% |
Great Lakes | XX% |
Plains | XX% |
Others | XX% |
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 water and wastewater sector is projected to grow at a CAGR of 3.4% during the forecast period of 2024-2032 amid the growing concerns regarding water scarcity in the country.
Major players are focusing on the integration of smart technologies and IoT in centrifugal pumps to gain a competitive edge in the market.
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.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
In 2023, the market attained a value of nearly USD 5.73 Billion.
The market is assessed to grow at a CAGR of 3.00% between 2024 and 2032.
The market is estimated to reach around USD 7.48 Billion by 2032.
The market is being driven by growth in the oil and gas sector and rising industrialisation and manufacturing sector.
The key trends aiding the market expansion include the adoption of smart pumping technologies and the growing focus on sustainability and environmental compliance.
The different types of centrifugal pipes in the market are overhung impeller, vertically suspended, and between bearing.
Regions considered in the market are New England, Mideast, Great Lakes, Plains, Southeast, Southwest, Rocky Mountain, and Far West.
The major players in the market are Atlas Copco AB, Baker Hughes Company, Ebara Corp., Ingersoll Rand Inc., Flowserve Corp., Xylem Inc., Sulzer AG, ITT Inc., KSB SE & Co. KGaA, and CIRCOR International, Inc., among others.
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.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment
|
Breakup by Type |
|
Breakup by Flow Type |
|
Breakup by Stage |
|
Breakup by Operation Type |
|
Breakup by Application |
|
Breakup by Region |
|
Market Dynamics |
|
Competitive Landscape |
|
Companies Covered |
|
Purchase Full Report
Datasheet
Single User License
One User
Five User License
Five Users
Corporate License
Unlimited Users
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124