PROGRESSING CAVITY PUMP MARKET ANALYSIS

Progressing Cavity Pump Market Size and Trends

The Progressing Cavity Pump Market is estimated to be valued at US$ 3.92 billion in 2025 and is expected to reach US$ 5.67 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.4% from 2025 to 2032.

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The global progressing cavity pump market growth is driven by the rising preference for progressing cavity pumps over traditional pumps across several industries such as oil & gas, food & beverage, and water & wastewater. Progressing cavity pumps are increasingly being used for mining slurries, oil well borehole cleaning, viscous sludge, and others owing to their ability to easily handle thick, heavy, abrasive materials, and shear-sensitive liquids. These pumps have low maintenance requirements and wear fewer parts compared to conventional pumps which further fuel their demand globally. Additionally, progressing cavity pumps are corrosion-resistant and can handle mixed phases, gases, and solids without any loss in performance, augmenting their deployment across multiple industrial applications.

Progressing Cavity Pumps in Oil & Gas Industry

The progressing cavity pump market is expected to see significant growth in demand from the oil & gas industry. With energy companies looking to ramp up production from mature oilfields and exploit unconventional reserves such as tight oil & gas, shale gas, and deepwater reserves, demand for robust and durable pumping solutions like progressing cavity pumps is increasing. Challenges associated with handling abrasive fluids and fluids containing a high amount of solids further boost the case for progressing cavity pumps over other pump types. As oil & gas companies globally invest heavily in enhancing oil recovery and boosting overall output, spending on downstream infrastructure like pumping systems is expected to rise significantly. This will accelerate the growth of the progressing cavity pump market that is closely tied to the expansionary plans of the oil & gas sector. For instance, in January 2022, NETZSCH initiated the construction of a new production facility in Brazil. Located in Santa Catarina's Ribeirão Souto, near the existing facilities in Pomerode, this new plant will assume full responsibility for the production of multi-screw pumps, thereby enabling the company to ramp up production across its product lines.