Top 5 Companies Dominating the Global Centrifugal Pump Market

The global centrifugal pump market attained a value of nearly USD 1.16 billion in 2023. The market is estimated to grow in the forecast period of 2024-2032 at a CAGR of 5.8% to reach about USD 1.93 billion by 2032. As per the analysis by Expert Market Research, the market is expected to be driven by the rising use of centrifugal pumps in various end-use markets.

Centrifugal pumps are crucial in various sectors, including water supply, wastewater management, manufacturing, and oil refining. Customers are increasingly demanding centrifugal pumps that can provide them with several benefits, including optimising efficiency, lowering energy consumption, and improving their overall performance. Advancements in materials and design and the adoption of digitalisation are providing a boost to centrifugal pump growth.

Centrifugal pumps are a simple and low-cost solution for most low-pressure and high-capacity pumping applications that involve low-viscosity fluids, like solvents, chemicals, water, and light oils.  Centrifugal pumps are crucial components in irrigation systems and transfer chemicals in petrochemical plants. Multistage centrifugal pumps in the oil sector are deployed for booster service, waterfloods, direct injection, ballast transfer, cavern storage, mine dewatering, irrigation, and fire protection.

The market is characterised by a range of developments: 

Top 5 Centrifugal Pump Companies in the World:

Ebara Corporation

Ebara Corporation is a manufacturer of pumps, fans and blowers, chillers, environmental plants, and precision machinery. Ebara’s core competencies in energy production, water management, and environmental solutions support clients across the world. The company produces high-quality pumps as well as customised pumps to meet the needs of customers as well as international standards.

Circor International Inc.

Circor International is a global manufacturer of highly engineered, complex, and severe environment products for the infrastructure, oil and gas, power generation, aerospace and defence, and industrial markets. The company markets its solutions through various sales partners as well as directly to over 14,000 customers in around 100 countries, globally. Circor’s sales and manufacturing facilities are located in the United States, Canada, Sweden, the United Kingdom, France, Norway, Italy, Germany, China, Singapore, India, Morocco, and the United Arab Emirates.

Schlumberger Limited.

Schlumberger Limited is a technology company creating and deploying technology and systems required to reduce emissions while meeting consumer’s rising energy demands. The company’s high-efficiency centrifugal pumps find use in a range of markets, including oil and gas. The company conducts its operations in more than 120 countries, including Australia, Kuwait, Indonesia, Thailand, Bangladesh, the United States, and Brunei, among others.

Sulzer Management Ltd

Sulzer Management Ltd is a producer of solutions for fluid engineering and chemical processing applications. The company specialises in energy-efficient pumping, agitation, mixing, and separation technologies for fluids of all types. Sulzer operates a robust network of 180 world-class manufacturing facilities and service centres worldwide. The company produces a range of products, including centrifugal pumps, axial flow pumps, dewatering pumps, and radial split pumps.

Pentair plc

Pentair plc provides residential, industrial, and business consumers with smart and sustainable water solutions. In 2023, the company’s revenue stood at around USD 4.1 billion. The company has around 10,500 global employees with customers in more than 150 countries. The company conducts operations in the United States, the United Kingdom, Australia, China, Singapore, Switzerland, and the United Arab Emirates.