Oil and Gas Pumps Market
                     Adroit Market Research
Oil and Gas Pumps 
Market
by Type (Centrifugal Pump and Positive Displacement Pump), Application 
(Upstream, Midstream, Downstream), and by Region, Global Forecast, 2018 
to 2028
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Adroit Market Research
Oil and Gas Pumps Market Size and Share 2028
• The rapid industrialization in developing economies followed by increasing oil & gas demand is expected to provide 
potential opportunities for the oil & gas pumps industry.
• The global oil & gas pumps market size was valued at >USD 8.50 billion in 2019. In addition, it is projected to gather a 
CAGR of above 4% over the forecast years 2020-2028. Increasing oil & gas demand in developed as well developing 
economies is expected to drive global oil & gas pumps market over the forecast period. According to International Energy 
Agency, the global crude oil demand in 2019 was 100.1 million barrels increased from 86.4 million barrels in 2010. The 
demand is expected to decrease in 2020 due to COVID pandemic.
• The report also outlines the various characteristics of the global oil & gas pumps industry by assessing the market from 
porter’s five forces analysis, PESTEL analysis, and value chain analysis. Moreover, the oil & gas pumps market report 
comprises various qualitative parts such as  market restraints, important market drivers, and opportunities. Furthermore, 
the report provides a complete assessment of the market through company profiling and the competitiveness of the local 
as well as global companies.
• The oil & gas pumps market has solid competition amongst the already well-known and new market players. Also, the oil & 
gas pumps industry players are pursuing possible markets to seize a competitive advantage among the other 
manufacturers operating in this industry by forming mergers & acquisitions, agreements, acquiring other companies, 
establishing collaboration & partnerships, and growing their business existence. 
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Adroit Market Research
Oil and Gas Pumps Market Size and Share 2028
•  Asia Pacific dominated oil & gas pumps market in 2019 and is expected to continue its dominance over the forecasted period. Base of 
prominent oil & gas companies in this region such as Sinopec Group, China National Offshore Oil Corporation (CNOOC), China National 
Petroleum Corporation (CNPC), SK Holdings, Petronas, JX Holdings, PTT Public Company, Indian Oil, Pertamina, and Reliance Industries 
followed by increasing refining capacities of these companies are expected to open new avenues for oil & gas pumps in this region over 
the coming years.
• The major players of the global oil & gas pumps market are Alfa Laval, Flowserve, Gardner Denver, GE Oil & Gas, Grundfos, HMS, KSB, 
Sulzer, Weir Group, and Xylem. Moreover, the market comprises several other prominent players in the oil & gas pumps market that are 
Lewa, Schmitt Kreiselpumpen, PCM SA, SPP Pumps, and ITT Oil & Gas. The oil & gas pumps market consists of well-established global as 
well as local players. In addition, the previously recognized market players are coming up with new and advanced strategic solutions and 
services to stay competitive in the global market.
• Type Overview, 2018-2028 (USD Million)
• Centrifugal pump
• Positive Displacement Pump
• Application Overview, 2018-2028 (USD Million)
• Upstream
• Midstream
• Downstream
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Adroit Market Research
Oil and Gas Pumps Market Size and Share 2028
• Regional Overview, 2018-2028 (USD Million)
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
• Middle East and Africa
• UAE
• South Africa
• Rest of Middle East and Africa
• South America
• Brazil
• Rest of South Americ
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Adroit Market Research
About Us
Adroit Market Research is an India-based business analytics and consulting company. Our 
target audience is a wide range of corporations, manufacturing companies, product/technology 
development institutions and industry associations that require understanding of a market’s 
size, key trends, participants and future outlook of an industry. We intend to become our 
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opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At 
our core, we are curious people who love to identify and understand industry patterns, create 
an insightful study around our findings and churn out money-making roadmaps. Our analysts 
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals, 
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machinery & equipment sectors across the world to identify new opportunities, potential 
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