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Global Rotary Lobe Pumps Market Size By Product, By Application, By Geographic Scope And Forecast


Published on: 2024-08-04 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Rotary Lobe Pumps Market Size By Product, By Application, By Geographic Scope And Forecast

Rotary Lobe Pumps Market Size And Forecast

Rotary Lobe Pumps Market size was valued at USD 0.84 Billion in 2023 and is projected to reach USD 1.16 Billion by 2031, growing at a CAGR of 4.50% during the forecast period 2024-2031.

Global Rotary Lobe Pumps Market Drivers

The market drivers for the Rotary Lobe Pumps Market can be influenced by various factors. These may include

  • Industrial Growth The need for Rotary Lobe Pumps is directly related to the expansion of the industrial sector, especially in areas like wastewater treatment, chemicals, food and beverage, and pharmaceuticals. The requirement for effective pumping solutions grows as these industries grow, which in turn drives the need for Rotary Lobe Pumps.
  • Technological Advancements The market can be greatly impacted by developments in pump design and technology. Innovations that boost pump dependability, efficiency, and low maintenance needs can encourage the use of Rotary Lobe Pumps instead of alternative pump types.
  •  Strict Regulations The market for Rotary Lobe Pumps may be driven by the growing demands for hygienic practices, environmental protection, and product quality. This is particularly true in sectors like the food and beverage and pharmaceutical industries where stringent adherence to regulations is crucial.
  • Hygiene and Sanitation Rotary Lobe Pumps, which are renowned for their capacity to handle delicate and viscous fluids while maintaining cleanliness, are becoming more and more popular in sectors where upholding high standards of hygiene and sanitation is essential, such as food processing and pharmaceuticals.
  •  Globalization and Urbanization Especially in emerging economies, rapid urbanization and industrialization drive the need for infrastructure development, which includes water treatment plants. This, in turn, increases the need for Rotary Lobe Pumps for a variety of applications, including sludge handling and wastewater treatment.
  • Cost Efficiency and Energy Savings The adoption of pumps that provide energy savings and operational cost reductions is driven by growing awareness of sustainability and energy efficiency. Rotating Lobe Pumps with low maintenance needs and effective motor designs might draw in clients who want to cut down on operating costs.
  •  Demand for Process Automation There is an increasing need for automated pumping solutions as firms look to streamline their processes and reduce human interference. The market expansion of Rotary Lobe Pumps can be attributed to their ability to be integrated into automated systems.
  •  Replacement Market As old pumping equipment needs to be updated or replaced, producers of Rotary Lobe Pumps have an opportunity to provide more contemporary, effective solutions, which is fueling the growth of the replacement market.

Global Rotary Lobe Pumps Market Restraints

Several factors can act as restraints or challenges for the Rotary Lobe Pumps Market. These may include

  •  High Initial Investment Compared to other pump types, rotary lobe pumps can be more expensive to acquire and install. This can put off potential customers, particularly in cost-sensitive sectors.
  •  Maintenance Costs Even though rotary lobe pumps are renowned for their toughness, they nevertheless need to be maintained on a regular basis to guarantee peak performance. For organizations, the cost of maintenance—which includes replacement parts and downtime for servicing—can be a major consideration.
  •  Limited Application Range When handling viscous fluids or fragile materials, rotary lobe pumps prove to be quite effective. Their market potential may be constrained, nevertheless, if high pressure or extremely high temperatures are present in the applications where they are used.
  •  Competitive Market There are a number of well-established competitors in the rotary lobe pump market, and new firms are always launching cutting-edge goods. Price wars and narrowed profit margins for suppliers and manufacturers may result from this.
  • Problems with Energy Efficiency Despite their overall efficiency, rotary lobe pumps may use more energy than more modern pump designs, which raises certain issues. A growing focus on sustainability and energy efficiency may have an effect on the market for rotary lobe pumps in some areas.
  • Regulatory Compliance Manufacturers and users of rotary lobe pumps may encounter difficulties adhering to norms and requirements set forth by laws, such as those pertaining to environmental rules or hygiene in the food and pharmaceutical industries.
  • Perception of Complexity Some users may be reluctant to use rotary lobe pumps because they believe they are more difficult to run and maintain than other pump types, particularly in industries where operators have less expertise.
  •  Substitute Technologies The market for rotary lobe pumps may face competition from other pumping technologies, such as peristaltic pumps or centrifugal pumps with better efficiency and performance attributes.
  •  Global Economic Factors Variations in the state of the economy, trade disputes, and geopolitical unrest can have an effect on infrastructure investment and overall industrial activity, which can alter the demand for rotary lobe pumps in various geographical areas.
  •  COVID-19 Pandemic The pandemic has created a number of disruptions to many businesses, including budgetary limits, decreased industrial activity, and supply chain disruptions. These disruptions may have lowered demand for rotary lobe pumps in some of these industries.

 

Global Rotary Lobe Pumps MarketSegmentation Analysis

The Global Rotary Lobe Pumps Market is Segmented on the basis of Product, Application, and Geography.

Rotary Lobe Pumps Market, By Product

  • Single-Lobe
  • Bi-Wing-Lobe
  • Tri-Lobe
  • Multi-Lobe

Based on Product, the market is bifurcated into Single-lobe, Bi-wing-lobe, Tri-lobe, and Multi-lobe. The Software segment holds the largest market share. The form of the rotary pump used depends on the fluid to be pumped. A rotor type known as single-lobe has one seal around the edge. Due to their small size and lightweight, single lobes are employed in rotating lobe pumps. These lobes contribute to the pump’s total weight reduction, which makes it perfect for high-pressure applications. The optimum application for this kind of rotor is handling liquids with a light to medium viscosity.

Rotary Lobe Pumps Market, By Application

  • Food, Beverage & Dairy Industries
  • Biotech and Pharmaceutical Industry
  • Pulp and Paper
  • Chemical
  • Others

Based on Application, the market is bifurcated into Food, Beverage & Dairy Industries, Biotech and Pharmaceutical Industry, Pulp and Paper, Chemical, and Others. Higher efficiency of rotary lobe pumps is anticipated to boost the demand in various applications. In terms of revenue share, the food, beverage, and dairy sectors dominated the global market in 2021. The segment is anticipated to experience a considerable increase throughout the forecast period due to rising global demand for packaged food items. Rotating lobe pumps that can easily handle high-pressure water and wastewater treatment applications are needed in big quantities in food processing industries.

Rotary Lobe Pumps Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Based on regional analysis, the Global Rotarylobe Pumps Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The largest share of the market will be dominated by the Asia Pacific owing to the growing manufacturing and food industries in this region.

Key Players

The major players in the Rotary Lobe Pumps Market are

  • INDUSTRIES INC.
  • Jonas & Company Inc..
  • Gardner Denver Holdings Inc
  • Körting Hannover AG
  • Verder Group
  • Roto Pumps Ltd
  • Viking Engineering And Development
  • Rayco Industries
  • Bronco Pallet Systems
  • Pallet Chief Manufacturing
  • Delta Ltd
  • Bc Market Solutions

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2020-2031

Base Year

2023

Forecast Period

2024-2031

Historical Period

2020-2022

Unit

Value (USD Billion)

Key Companies Profiled

INDUSTRIES INC., Jonas & Company Inc, Gardner Denver Holdings Inc, Körting Hannover AG, Verder Group, Roto Pumps Ltd, Viking Engineering And Development, Rayco Industries

Segments Covered
  • By Product
  • By Application
  • By Geography
Customization Scope

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Research Methodology of Market Research

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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Table of Content

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