Screw Pumps Market – Global Industry Size, Share, Trends, Opportunities, and Forecast, 2028, Segmented By Type (Double-suction Twin-Screw Pump, Single-suction Twin-Screw Pump), By Application (Oil and Gas, Refineries, Food & Beverage, Storage, and Transportation, Other), By Region and Competition

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Water and Waste Management | Format: Report available in PDF / Excel Format

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Screw Pumps Market – Global Industry Size, Share, Trends, Opportunities, and Forecast, 2028, Segmented By Type (Double-suction Twin-Screw Pump, Single-suction Twin-Screw Pump), By Application (Oil and Gas, Refineries, Food & Beverage, Storage, and Transportation, Other), By Region and Competition

A particular kind of positive displacement pump is the screw pump. This indicates that fluid is moved by continuously shifting the space that the fluid occupies. The screws are protected by a liner that is typically composed of metal. They can be used for many different things, including fuel injection, oil burners, boosting, hydraulics, lubricating, circulation, feeding, and pumping high-pressure viscous fluids in offshore and maritime facilities. It generates a flow rate that is volumetrically constant and unaffected by factors like viscosity or pumping pressure that could slow down a centrifugal pump. Several benefits of screw pumps include flexibility with various pressures, kinds, and viscosities of liquids and a constant pace of flow.

There are three main types; In its most basic form (the Archimedes' screw pump or "water screw"), a single screw rotates in a cylindrical cavity, causing some material to be gravitationally trapped on top of a section of the screw as if it were a scoop. The material is then gradually moved along the screw's axle until it is discharged at the top. Numerous low-tech uses, including irrigation systems and agricultural gear for the transportation of grain and other solids, nevertheless make use of this antiquated structure. The second version operates differently; it presses a material pocket that has become trapped against a screw. In current times, the name "screw pump" is most often used to describe this type. The third type, also known as the progressive cavity pump or eccentric screw pump, works by eccentrically spinning the screw to squeeze a trapped pocket of material against the hollow walls.

Rising Need for Handling Liquids and Slurries

The global market for screw pumps is anticipated to be driven by the rising need for handling liquids and slurries. The global screw pump market is probably going to grow as a result of rising industrialization and rising prices for wastewater and water treatment. Due to the screw pump's adaptability to handle downstream, middle, and upstream operations, the oil and gas industry is more in demand for it. Screw pumps play a significant role in the food and beverage industry. Due to innovative technology and a wide range of options, screw pumps are a vital component of many industries, which is projected to drive market demand in the future. Due to the growth of these businesses on a global scale, screw pumps are quite popular.

Due to advancements in screw pumps, industries are moving toward, for instance, screw pumps are high resiliency strong tolerance to dust/particles/water vapor according to customer requirements, extremely fast pumping rates, no medium contamination occurs during frictionless spinning, and internal compression effectively reduces rotor wear, high energy efficiency is achieved using frequency converter operation, which has comparatively low operational costs and maintenance requirements.

Increase in Oil and Gas Production

However, the Marathon complex in Garyville, Louisiana, is the newest refinery with a sizable downstream unit capacity. The plant had a 200,000 b/cd atmospheric distillation unit capacity when it first went online in 1977, and as of January 1, 2022, it has a 585,000 b/cd capacity.

Rising Need for Screw Pumps in Wastewater Treatment Process

Advanced dry screw vacuum pumps, multiple screw pumps, and spindle screw pumps are increasingly in use in the water and wastewater industries due to hydraulic fracturing. Eccentric screw pumps and twin-screw pumps are used in many sectors that frequently work with different fluids. During the anticipated period, Asia Pacific is expected to dominate the market for screw pumps, followed by Europe. There are several suppliers and exporters of screw pumps in nations, such as China and India, where there are also strong distribution networks. China had the largest trade value when screw pump imports and exports were examined in 2020.

These are widely used in refineries all over the world due to their ability to operate automatically. They are highly useful in moving solids between tanks or vessels without having to change any valve-related setups, which means that no time is going to be lost during the transfer procedure. Included in this are residuals that can harm machinery and must be safely transported over short distances before being converted into fuel oils at other facilities that do not demand such high quality.

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MIR Segment1

Recent Development

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Market Segmentation

The global Screw Pumps market is segmented by type, application, and region. Based on the type, the market is divided into double-suction twin-screw pumps and single-suction twin-screw pumps.

Market Players

Major market players in the global screw pumps market are

Attribute

Details

Base Year

2022

Historic Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, company share, growth factors, and trends

Segments Covered

Type

Application

Region

Regional Scope

North America, Asia-Pacific, Europe, South America, Middle East

Country Scope

United States, Canada, Mexico, China, India, Japan, South Korea, Indonesia, Germany, United Kingdom, France, Russia, Spain, Brazil, Argentina, Saudi Arabia, South Africa, UAE, Israel

Key Companies profiled

Colfax Corporation, Flowserve Corporation, Gardner Denver, Inc, SPX Corporation, NETZSCH Pumps & Systems, ITT INC, Leistritz Pumpen GmbH, PSG Dover, Iwaki Co Ltd, Alfa Laval Corporate AB

Customization Scope

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