Rotary Lobe Pump Market Size & Industry Share - Growth Trends & Forecasts (2023 - 2030)

Based on the Type :

Based on the type, the market is bifurcated into single-lobe, bi-wing lobe, tri-lobe, and multi-lobe. The bi-wing lobe segment accounted for the largest revenue share of 36.21% in the year 2022. Bi-wing rotary lobe pumps consist of two seals around the edge that ensure enhanced performance and makes the lobe ideal for handling medium to high-viscosity liquids. Moreover, bi-wing rotary lobe pumps offer multiple benefits including superior hygiene, gentle product handling, integrated shaft and gear design, and ease of cleaning and maintenance among others. The above benefits of bi-wing rotary lobe pumps are increasing its utilization in food & beverage, pharmaceutical, wastewater treatment plants, and other related applications. According to the European Federation of Pharmaceutical Industries and Associations, the total production of the pharmaceutical industry in Europe was valued at USD 339.7 billion in 2021, witnessing an increase of 4.6% in comparison to USD 324.7 billion in 2020. Hence, the growth of pharmaceutical industry is among the key factors driving the application of bi-wing rotary lobe pumps in pharmaceutical manufacturing facilities, in turn contributing to the growth of the market.

The tri-lobe segment is anticipated to register the fastest CAGR growth during the forecast period. Tri-lobe pumps consist of three lobes that rotate in a circular motion. Tri-lobe pumps are optimized for handling viscous liquids with high solids content. The pumps offer several benefits including ease of maintenance, large selection of shaft seals, simple, clean, and robust construction, and others. Tri-lobe pumps are utilized for a wide range of processing applications in oil and gas, food and beverage, and chemical industries among others. According to Invest India, the oil and gas sector in India witnessed a growth of around 5% in FY 2021-22 as compared to the previous year. Additionally, India ranks second in terms of oil and gas refineries in Asia. The total refining capacity of India is equivalent to 251 MMTPA as of October 2022, comprising of 23 refineries. Therefore, the growth of oil and gas industry is driving the adoption of tri-lobe pumps, owing to the aforementioned benefits and usage, thereby driving the market growth during the forecast period.

Based on the End-use Industry :

Based on the end-user, the market is segregated into food & beverage, chemical, oil & gas, water & wastewater, pulp & paper, and others. Factors such as the significant investments in food & beverage facilities, rising hygiene standards in the food industry, and increasing utilization of rotary lobe pumps for food processing applications are major factors driving the growth of the food & beverage segment.

For instance, in July 2021, Interroll commenced the expansion of its food processing and logistics facility in Baal, Germany. The food processing facility became fully operational in 2022. Thus, considering the rising development of investment in food processing facilities the adoption of rotary lobe is expected to grow. Further, the pumps for food processing applications are used for processes involving transferring, mashing & peeling, centrifuge feed & thickening, and other related processes. The above factors are anticipated to drive the growth of the market.

Water & wastewater segment is expected to witness fastest CAGR growth during the forecast period. The growth of the water & wastewater segment is attributed to several factors including the rising need for clean water, increasing development of wastewater treatment plants, and the growing demand for efficient water treatment and processing solutions. Further the growing environmental concerns also plays an important role in driving the market growth. Thus, the increasing development of wastewater treatment plants is driving the adoption of rotary lobe pumps for transferring sludge and feeding dewatering equipment, in turn fostering market growth during the forecast period.

Based on the Region :

The regional segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

North America accounted for the largest revenue share of USD 286.98 Million in 2022 and is expected to reach USD 431.02 Million by 2030, registering a CAGR of 5.5% during the forecast period. The adoption of rotary lobe pumps in the North American region is primarily driven by its usage in food & beverage, pharmaceutical, wastewater treatment, and other sectors. Moreover, North America has been a major hub for the companies associated with pharmaceutical and food & beverage manufacturing among others. The increasing application of rotary lobe pumps in food & beverage plants for sanitary and processing applications is among the significant factors driving the market growth in the region. For instance, in March 2022, Kerry Group, a food and beverage company, launched its new food manufacturing facility worth USD 137 million in Georgia, United States. The above factors are further propelling the growth of the rotary lobe pump market in the North American region.

Asia-Pacific is expected to register the fastest CAGR growth of 5.7% during the forecast period. The rapid pace of industrialization and development is creating lucrative opportunities for market growth in the region. Moreover, the growth of multiple industries such as pharmaceutical, food & beverage, oil & gas, and others is fostering the market growth for rotary lube pumps in the Asia-Pacific region.

For instance, according to the India Brand Equity Foundation (IBEF), India ranked third in terms of pharmaceutical production by volume in 2021. According to IBEF, the local pharmaceutical industry in India consists of approximately 10,500 pharmaceutical manufacturing units and 3,000 drug companies. Therefore, the growing pharmaceutical facilities in the region are driving the deployment of rotary lobe pumps, thereby proliferating the market growth in the Asia-Pacific region.