POSITIVE DISPLACEMENT PUMPS MARKET ANALYSIS

Key Developments

• In April 2023, Packo, a leading manufacturer of pumps and related technologies, unveiled its ZLC rotary lobe pump, which has been certified as 3A compliant. This innovative pump is specifically designed for the pharmaceutical, biotechnology, and cosmetic industries, making it suitable for a wide range of applications, from personal hygiene products to medical substances. The ZLC pump ensures the highest safety and hygiene standards, addressing the demanding needs of these sectors and enhancing Packo's product offerings in critical markets.
• In June 2021, Anderson Process, a leading Midwest supplier of process equipment and services, acquired Premier Pump Inc., a long-standing pump distributor and service provider based in Cleveland, Ohio. This strategic acquisition strengthened Anderson Process's service and support capabilities throughout the Midwest region. After the acquisition, Anderson Process will have warehouse and service facilities in Wisconsin, Illinois, Indiana, Michigan, and Ohio in the U.S., allowing the company to specify and supply a comprehensive line of process equipment, including pumps, hoses, filtration, and more, to nearly any organization in the Midwest.
• In May 2021, CDI Energy Products, a provider of high-performance polymer components for the energy and chemical process industries, announced the development and launch of its newest proprietary thermoplastic polymer composite material. This innovative material is specifically aimed at applications in centrifugal and positive displacement pumps, enhancing performance and reliability in demanding environments. The new thermoplastic composite is designed to withstand harsh conditions, making it ideal for various industrial applications and contributing to CDI Energy Products’ commitment to advancing material technology in the pump sector.
• In January 2021, IDEX Corporation, a global leader in fluid and metering technologies, announced its acquisition of Abel Pumps, L.P., valued at $103.5 million, which was expected to be completed in the first quarter of 2021. Abel Pumps, based in Germany, specializes in designing and manufacturing engineered reciprocating positive displacement pumps for various industries, including mining, marine, and wastewater. This acquisition allows IDEX to enhance its product offerings and expand its capabilities in the pump market, further solidifying its position as a key player in fluid management solutions.