Global Screw Pump Market – Industry Trends and Forecast to 2030

The Screw Pump market is experiencing robust expansion, with market size projected to increase from XX billion in 2023 to xx billion by 2030, demonstrating a consistent year-over-year growth rate of 4.64%. Screw Pump Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Single Screw/Eccentric Screw/Progressive Cavity Pumps Twin Screw Pumps, Three Screw Pumps, Multiple Screw Pumps), by applications (Oil and Gas, Power, Water Treatment, Chemicals, Food and Beverages, Others) And regions ({regionNms}) : Industry Forecast and Opportunity Analysis for 2023 - 2030

The global screw pump market includes screw pumps, which are positive displacement pumps with helical rotors used to move fluid, from their design to their manufacturing and sales. Industries such as oil and gas, water and wastewater management, food and beverage, chemical manufacturing, and power generation often rely on screw pumps. They are efficient and quiet pumps that can pump viscous liquids and slurries. Since there is considerable industrialization, urbanization, and sustainability-linked concerns that have increased the need for efficient and effective pumping solutions, it is projected that the screw pump market will grow.

Screw Pump Report Highlights

Report Metrics	Details
Forecast period	2019-2030
Base Year Of Estimation	2023
Growth Rate	CAGR of 4.64%
By Product Type	Single Screw/Eccentric Screw/Progressive Cavity Pumps Twin Screw Pumps, Three Screw Pumps, Multiple Screw Pumps
Key Market Players	Alfa Laval AB (Sweden) CIRCOR International Inc. (United States) Desmi A/S (Denmark) Dover Corporation (United States) Erich Netzsch GmbH & Co. Holding KG (Germany) Flowserve Corporation (United States) FLSmidth & Co. A/S (Denmark) ITT Inc. (United States) Iwaki Co. Ltd. (Japan) KRAL GmbH (Austria) Roto Pumps Limited (India) SPX Flow Inc. (United States)
By Region

Screw Pump Market Trends

The expanding broad market of screw pumps can be attributed to the rising number of applications where such pumps are installed or used for the transfer of fluids in motion, i.e., oil & gas, water management, food processing, among others. Screw pumps have been modified due to developments of new materials and technologies that have improved their designs. Furthermore, the increasing concern regarding power consumption of some machines has contributed to the increased use of screw pumps as they offer better energy efficiency than the old pumping systems, which is in tandem with the global efforts to achieve sustainability. Another observation regarding the screw pump market is the rising demand for automation and smart technology. This is enabled by the integration of IoT (Internet of Things) technology-enabled capabilities in screw pumps, where monitoring in real-time and predictive maintenance are possible in efforts to improve the running time and minimise the downtime. In addition, the demand for screw pumps in the developing countries is increasing owing to industrialization and infrastructure, which is likely to make the market more favourable. This development is also assisted by the growing application of screw pumps in clean energy resources such as the production of biogas and biofuel, which will make them an important component in the green energy transition.

Screw Pump Market Leading Players

The key players profiled in the report are Alfa Laval AB (Sweden), CIRCOR International Inc. (United States), Desmi A/S (Denmark), Dover Corporation (United States), Erich Netzsch GmbH & Co. Holding KG (Germany), Flowserve Corporation (United States), FLSmidth & Co. A/S (Denmark), ITT Inc. (United States), Iwaki Co. Ltd. (Japan), KRAL GmbH (Austria), Roto Pumps Limited (India), SPX Flow Inc. (United States)

Growth Accelerators

Expanding acceptance of screw pumps is primarily attributable to the ever-growing need to move and transport fluids in a dependable, efficient, and gastight/lossless manner across other sectors such as chemical processing, oil and gas, and waste management. Their specialty is moving thick and viscous liquids and maintaining a constant flow rate, which is advantageous in situations where conventional pumps would be ineffective. Due to the operational strategy of reducing waste and downtime, fluid handling applications make screw pumps the most attractive equipment. The capacity of screw pumps is expected to grow due to the emphasis on energy-efficient installations. Generally, energy efficiency is core to the design of screw pumps, ensuring that low energy levels are used in undertaking high-performing operations; thus, energy-efficient technologies are adopted. In addition, there are benefits with regard to screw pump developments, which allow enhancements such as smart and baller systems. This technology goes beyond compliance as it creates and supports an industry ecosystem, which is an influx-boosting growth vertical for the screw pump market industry.

Screw Pump Market Segmentation analysis

The Global Screw Pump is segmented by Type, Application, and Region.
By Type, the market is divided into Distributed Single Screw/Eccentric Screw/Progressive Cavity Pumps Twin Screw Pumps, Three Screw Pumps, Multiple Screw Pumps . The Application segment categorizes the market based on its usage such as Oil and Gas, Power, Water Treatment, Chemicals, Food and Beverages, Others. Geographically, the market is assessed across key Regions like {regionNms} and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

There is stiff competition in the screw pump market across the globe, and not many companies have managed to dominate other players within the market. Focus players within the market include Sulzer, KSB, Grundfos, and Verder. These companies derive a lot of brand power and have many different products and expansive distribution networks across the world. In the general perspective, this market exhibits extreme rivalry, continuous development of products, and strategic cooperation among market players. The emphasis of the manufacturers is on the development and manufacture of cost-effective, efficient, and high-end screw pumps for various industries. In addition, the sector promotes M&As and R&D, consequently promoting the growth and development of the nations.

Challenges In Screw Pump Market

The screw pump market has a number of challenges, primarily due to the manufacturing difficulties and costs. This is because making these devices involves some engineering processes and the use of advanced materials, which increases the manufacturing costs. Furthermore, the growing need for tailored screw pumps for particular uses results in complex production techniques and increased time of delivery, which affects competitiveness in this market. As a result, smaller companies may refrain from participating in the market, owing to the prohibitive costs of production, leaving some consumers looking for affordable options with few choices. There is also another issue that most markets are trying to deal with, which is the competition from other technologies, especially pumps such as centripetal and positive displacement pumps, which are cheaper and easier to maintain. With the change of times, there will be a demand for more efficient and cheaper ways of industrial processes, and so screw pumps must show superior performance, reliability, and durability if they are to be competitive in the market. In addition, while there is a constant need for improvement in order to meet society’s changing needs, there is also a clamour for research to be carried out to come up with better and more advanced products, leaving manufacturers with little capital for R&D activities.

Risks & Prospects in Screw Pump Market

The screw pump market has a lot of potential, owing to the growing need for reliable and efficient fluid handling solutions in several sectors. Screw pumps have applications in several areas, such as the oil and gas industries, chemical processing, and water treatment, as well as the food and beverage industries, which explains their capability to handle different fluids, even those that are thick and sensitive to shear. The continual industrialization in new emerging economies is anticipated to increase the uptake of screw pumps as companies strive to keep their operations effective and minimise losses related to downtime through reliable screw pumps. Further, the demand for screw pump innovations is also fostered by development in technology, which is improving the designs of screw pumps, the performance of screw pumps, and also the energy efficiency of screw pumps. The current trends that encourage industries to be more environmentally friendly and save energy during the processes are likely to increase the market for newer types of screw pumps, such as screw pumps that incorporate low energy and high dependability.

Key Target Audience

Practical applications of screw pumps are mostly limited to oil and gas, chemical, and water resource markets, which have extensive processes of transportation and handling of fluids. In particular, it is worth noting that screw pumps are extensively used to move heavy and thick mixtures. In the oil and gas sector, on the transportation range within chemical processing equipment, for example, these pumps are used to pump a variety of chemicals and allow maintaining a certain rate of flow besides minimizing contamination. The industries seem to favour the performance and strength of specially designed screw pumps in regard to the movement of fluids of different viscosities and pressures.,, In addition, it is assumed that markets such as health care, food and beverage, and cosmetics, which also pay the highest attention to hygiene, can also become consumers of screw pumps. This is why more and more applications of screw pumps are seen within the above-mentioned staring sectors, as they can handle even the most sensitive materials and carry them without fear of any damage or loss of their integrity. With the increase in regulatory pressure related to product safety and environmental issues, many industries look for solutions based on the principles of easy maintenance and efficient operation, and screw pumps fit perfectly into these systems, making them almost irreplaceable in modern production and processing systems.

Merger and acquisition

The recent activity in mergers and acquisitions in the screw pumps arena provides a clear picture of the consolidation and the innovativeness of the participants in this market. As of early 2024, Flowserve Corporation announced it finalizes the deal to purchase Roto Pumps Limited, a notable player in the screw pump technology field. This approach is needed in order to complement Flowserve’s range of products and extend its operational reach into the Asia-Pacific region, where the need for effective means of fluid transfer is on the rise. Flowserve intends to exploit the Roto Pumps capabilities for the applicable common spaces to enhance its scope of operations in sectors like oil and gas, chemicals, and water treatment, among others. Alfa Laval has also been looking at taking on more companies for growth in the screw pump market. In March 2024, the company completed the purchase of Desmi A/S, a company that manufactures screw pumps for marine and industrial use. Anti-fouling practices are expected to improve the ability of Alfa Laval to offer complete fluid handling and processing solutions, especially in applications with a high degree of environmental concern. In the screw pump market, the reported M&A activities reflect the fact that there is more emphasis on the acquisition of technology and the provision of efficient pumping systems to various sectors that have continued growing in demand.