API Pumps Market Report 2025 (Global Edition)

Global API Pumps Market Report 2025 Market Size Split by Product (Overhung Pump, Between Bearing Pump, Others), by Type (Vertical, Horizontal), by Design (Single Stage, Two-Stage, Multi-Stage), by App...

API Pumps Market Report Description

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API Pumps Market Insights Video

Competitive Landscape of the API Pumps Market

The API pumps marketplace features an aggressive panorama with key players, which include Sulzer Ltd., Flowserve Corporation, ITT Inc., and Grundfos, among others. These businesses focus on innovation, technological advancements, and strategic partnerships to decorate their product services and expand marketplace attain. Additionally, regional players make contributions to the competition with the aid of catering to local needs and customizing solutions. The market is characterized by using increasing investments in research and development, emphasizing strength, efficiency, and sustainability, which drives differentiation and competitiveness among manufacturers.

Top Companies Market Share in API Pumps Industry: (In no particular order of Rank)

• KSB
• Ruhrpumpen
• Flowserve
• ITT Goulds Pumps
• PSG Dover
• IDEX
• Sulzer
• Grundfos
• HERMETIC Pumpen
• Sundyne
• Truflo Pumps
• Ebara Corporation
• Hayward Gordon
• SPP Pumps
• Carver Pump
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the API Pumps Market

Which Region Dominates the API Pumps Market in 2024?

According to Cognitive Market Research, North America currently dominates the API Pumpss market, and the region is expected to have significant growth during the projected period. The API pumps market in North America is experiencing massive growth because of the vicinity's strong oil and fuel industry. Increased exploration of sports, together with a focus on enhancing operational performance and sustainability, are driving the call for superior pump technology. Key players are investing in innovation to fulfill these evolving desires.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). The API pumps marketplace in the Asia-Pacific region is expanding rapidly, fueled by growing electricity demands and increasing investments in oil and gasoline infrastructure. Countries like China and India are riding growth through exploration and manufacturing sports while advancements in technology and sustainability efforts decorate the enchantment of API pump answers.

The current report Scope analyzes API Pumps Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America API Pumps Market Analysis

According to Cognitive Market Research, the global API Pumps market size was estimated at USD 1824.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 729.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the API Pumps market with a market size of USD 575.81 million in 2024 and is projected to grow at a CAGR of 3.0% during the forecast period. The U.S. market's industrial automation growth.
• The Canada API Pumps market had a market share of USD 87.58 million in 2024 and is projected to grow at a CAGR of 4.0% during the forecast period. Canada’s demand for efficient processes.
• The Mexico API Pumps market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 66.41 million in 2024.

Europe API Pumps Market Analysis

According to Cognitive Market Research, the global API Pumps market size was estimated at USD 1824.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 547.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.

• The United Kingdom API Pumps market had a market share of USD 91.95 million in 2024 and is projected to grow at a CAGR of 4.3% during the forecast period. In the UK, API Pumps sales witness an upswing due to the increasing energy regulations.
• The France API Pumps market is projected to witness growth at a CAGR of 2.7% during the forecast period, with a market size of USD 50.36 million in 2024.
• According to Cognitive Market Research, the German API Pumps market size was valued at USD 108.38 million in 2024 and is projected to grow at a CAGR of 3.7% during the forecast period. In Germany, API Pumps surged due to the technological advancements.
• The Italy API Pumps market is projected to witness growth at a CAGR of 2.9% during the forecast period, with a market size of USD 47.07 million in 2024.
• The Russia API Pumps market is projected to witness growth at a CAGR of 2.5% during the forecast period, with a market size of USD 84.84 million in 2024.
• The Spain API Pumps market is projected to witness growth at a CAGR of 2.6% during the forecast period with a market size of USD 44.88 million in 2024
• The Luxembourg API Pumps market is projected to witness growth at a CAGR of 3.6% during the forecast period, with a market size of USD 16.97 million in 2024.
• The Portugal API Pumps market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 11.49 million in 2024.
• The Greece API Pumps market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 6.57 million in 2024.
• The Rest of Europe's API Pumps market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 84.84 million in 2024.

Asia Pacific API Pumps Market Analysis

According to Cognitive Market Research, the global API Pumps market size was estimated at USD 1824.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 419.64 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

• According to Cognitive Market Research, the China API Pumps market size was valued at USD 188.84 million in 2024 and is projected to grow at a CAGR of 6.5% during the forecast period. API Pumps surged in China due to infrastructure development.
• The Japan API Pumps market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 57.91 million in 2024.
• The India API Pumps market had a market share of USD 50.36 million in 2024 and is projected to grow at a CAGR of 8.8% during the forecast period. India's rising oil and gas production.
• The South Korean API Pumps market is projected to witness growth at a CAGR of 6.1% during the forecast period, with a market size of USD 41.96 million in 2024.
• The Australian API Pumps market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 21.82 million in 2024.
• The South East Asia API Pumps market is projected to witness growth at a CAGR of 8.0% during the forecast period, with a market size of USD 28.95 million in 2024.
• The Rest of Asia Pacific API Pumps market is projected to witness growth at a CAGR of 6.8% during the forecast period, with a market size of USD 29.79 million in 2024.

South America API Pumps Market Analysis

According to Cognitive Market Research, the global API Pumps market size was estimated at USD 1824.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 91.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil API Pumps market size was valued at USD 39.04 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period. API Pumps flourished in Brazil due to environmental sustainability focus.
• Argentina's API Pumps market had a market share of USD 15.33 million in 2024 and is projected to grow at a CAGR of 5.3% during the forecast period. Argentina's food and beverage sector expansion.
• Colombia API Pumps market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 8.12 million in 2024.
• Peru API Pumps market is projected to witness growth at a CAGR of 4.6% during the forecast period, with a market size of USD 7.48 million in 2024.
• Chile API Pumps market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 6.57 million in 2024.
• The Rest of Latin America's API Pumps market is projected to witness growth at a CAGR of 3.5% during the forecast period, with a market size of USD 14.69 million in 2024.

Middle East API Pumps Market Analysis

According to Cognitive Market Research, the global API Pumps market size was estimated at USD 1824.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 36.49 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..

• The GCC Countries API Pumps market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 15.62 million in 2024. API Pumps sales flourish due to the pharmaceutical industry growth.
• The Egypt API Pumps market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 3.83 million in 2024.
• The South Africa API Pumps market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 5.77 million in 2024. API Pumps sales flourished in South Africa due to urbanization and population grow.
• The Turkey API Pumps market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 3.14 million in 2024.
• The Nigeria API Pumps market is projected to witness growth at a CAGR of 3.8% during the forecast period, with a market size of USD 3.83 million in 2024.
• The Rest of the MEA API Pumps market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 4.31 million in 2024.

API Pumps Market Analysis

How are Segments Performing in the Global API Pumps Market?

API Pumps Market Product Segment Analysis

According to Cognitive Market Research, Overhung Pump are likely to dominate the API Pumps Market over the forecast period. Overhung pumps are an increasing number of using growth in the API pumps marketplace due to their simplicity and efficiency in coping with low-viscosity fluids. Their compact design, ease of upkeep, and cost-effectiveness make them attractive for various packages inside the oil and gasoline industry, further enhancing operational performance and reliability.

The Between Bearing Pump is the fastest-growing segment in the API Pumps Market. Between-bearing pumps are gaining traction inside the API pumps market because of their advanced performance in high-pressure applications. Their robust layout minimizes vibration and increases balance, making them perfect for managing viscous fluids in oil and fuel operations. This reliability complements efficiency and toughness, using call for among industry operators.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of API Pumps Industry. Request a Free Sample PDF!

API Pumps Market Type Segment Analysis

According to Cognitive Market Research, the Vertical segment holds the largest share of the market. Vertical pumps are contributing to the increase of the API pumps market, particularly in programs requiring area efficiency and powerful fluid dealing. Their capacity to transport fluids from lower to higher elevations makes them perfect for diverse oil and gas operations, enhancing operational efficiency and increasing energy demands.

In the API Pumps Market, the Horizontal has been expanding at a rapid pace. Horizontal pumps are riding an increase within the API pumps market due to their versatility and performance in transporting fluids over long distances. Their robust design and ease of protection cause them to be appropriate for numerous oil and gas packages, permitting operators to optimize performance and reduce operational prices correctly.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

API Pumps Design Segment Analysis

API Pumps Market Design Segment Analysis

According to Cognitive Market Research, Single Stage segment holds the largest market share. Single-degree pumps are more and more riding growth in the API pumps marketplace, particularly for applications requiring mild drift rates and pressures. Their easy design, ease of setup, and price-effectiveness led them to become famous within the oil and fuel industry, facilitating green fluid switches even as minimizing maintenance and operational demanding situations.

In the API Pumps market, the rapidly growing sector is Two-Stage. Two-degree pumps are contributing to the growth of the API pumps market by providing more advantageous pressure skills for worrying applications. Their design allows for increased performance in dealing with better go-with-the-flow costs, making them suitable for various oil and gasoline operations, in the long run, improving performance and reducing electricity consumption.

• Single Stage
• Two-Stage
• Multi-Stage

API Pumps Applications Segment Analysis

API Pumps Market Applications Segment Analysis

According to Cognitive Market Research, the Oil and Gas segment dominates the market. The oil and fuel sector is a considerable driving force of the boom in the API pumps marketplace, as extended exploration and production activities boost the call for reliable pumping answers. Operators prioritize performance and sustainability, leading to investments in superior pump technology that decorates performance and decreases operational charges in diverse packages.

Chemical is projected to be the fastest-growing segment in the API Pumps market. The chemical industry is driving a boom within the API pumps market because of the growing demand for efficient fluid coping with and transfer solutions. API pumps' potential to address corrosive and viscous chemical compounds makes them crucial for various programs, promoting operational performance and safety while complying with stringent enterprise standards and guidelines.

• Oil and Gas
• Chemical
• Others

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

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I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

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