Global Rotary Lobe Pump Market growing at a CAGR of 5.3% from 2023 to 2030
Category : Machinery and Equipment | Published Date : May 2023 | Type : Press Release
Key Market Overview
The Global Rotary Lobe Pump Market was valued at USD 771.25 Million in 2022 and is expected to register a compound annual growth rate of 5.3% to reach USD 1,143.28 Million in 2030. The report highlights the increasing adoption of rotary lobe pumps in food & beverage, wastewater treatment, chemical, and other industries.
Consegic Business Intelligence provides an inclusive research report on the rotary lobe pump market that evaluates multiple factors, such as market size, value, supply chain, regulatory environment, and trends.
Global Rotary Lobe Pump Market By Overview
The report analyses significant segments such as type, end-user, and region, to identify emerging trends and potential opportunities. The type segment is expected to grow due to the increasing adoption of bi-wing rotary lobe pumps in food & beverage, pharmaceutical, wastewater treatment plants, and other related applications. Moreover, the deployment of tri-lobe pumps for various processing applications in oil and gas, food and beverage, and chemical industries among others is expected to drive the market growth during the forecast period.
Get Free SampleMarket Dynamics
Driver:
- The increasing adoption of rotary lobe pumps in the food & beverage industry is driving the growth of the market.
- The rising utilization of rotary lobe pumps in wastewater treatment sector is accelerating the growth of the market.
Restraints:
- Availability of substitutes is limiting the growth of the market.
Market Segmentation:
| Report Attributes | Report Details |
| By Type | Single-Lobe, Bi-Wing Lobe, Tri-Lobe, and Multi-Lobe |
| By End-User | Food & Beverage, Chemical, Oil & Gas, Water & Wastewater, Pulp & Paper, and Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Competitive Landscape :
The Global Rotary Lobe Pump Market is highly competitive due to the presence of major players such as Borger GmbH, Alfa Laval AB, NETZSCH Group, GEA Group, Vogelsang GmbH & Co. KG, SPXELOW Inc., and others operating in the global market. The market players are adopting new ways through product innovations, mergers and acquisitions, and business strategies to remain hold strong market position. Thus, evolving research and developments in Rotary Lobe Pump Market are expected to help market players adopt innovative ways of product creation to cater to the growing needs of various industries.
- Borger GmbH
- Alfa Laval AB
- NETZSCH Group
- GEA Group
- Vogelsang GmbH & Co. KG
- SPXELOW Inc.
- LobePro
- Verder Liquids BV
- INOXPA Group
- ZEILFELDER Pumps
- Fristam Pumpen GmbH
