API 610 and ISO 13709 Centrifugal Process Pumps Market size was valued at USD 2.5 Billion in 2024 and is forecasted to grow at a CAGR of 5.3% from 2026 to 2033, reaching USD 3.8 Billion by 2033.
The global API 610 and ISO 13709 centrifugal process pumps market size was valued at approximately USD 2.6 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2030. North America dominated the market in 2022, holding a share of around 35%, driven by the extensive demand from the oil and gas, chemical, and power generation industries. The market in North America is expected to maintain its leading position, with a forecasted CAGR of 3.8% during the forecast period. The Asia Pacific region, especially China and India, is anticipated to witness rapid growth due to increasing industrialization and infrastructure development. The market in the Asia Pacific region is expected to grow at a CAGR of 5.2% from 2023 to 2030, making it the fastest growing region for API 610 and ISO 13709 centrifugal process pumps.
Europe accounted for approximately 25% of the global market share in 2022, with steady demand from industries like chemical processing and water treatment. The Middle East and Africa (MEA) region also showed considerable market potential, mainly due to the large scale investments in the oil and gas industry, which are expected to drive market growth at a CAGR of 4.8%. Latin America exhibited moderate growth, with Brazil being the key contributor to the regional market share. The overall global demand for API 610 and ISO 13709 centrifugal process pumps is likely to continue growing, supported by the need for energy efficient, durable, and high performance pumps across various industries worldwide.
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Flowserve
KSB
Sulzer
Ruhrpumpen
Trillium Flow Technologies
Sundyne
ITT Goulds Pumps
Pumpworks
Truflo Pumps
Inc.
Ebara Corporation
Kirloskar Pompen
Carver Pump
Sichuan Zigong Industrial Pump
Gruppo Aturia
V-FLO
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global API 610 and ISO 13709 Centrifugal Process Pumps Market
Single Stage Pumps
Multi-Stage Pumps
Vertical Pumps
Submersible Pumps
Magnetic Drive Pumps
Oil and Gas Industry
Chemicals
Water and Wastewater Treatment
Pulp and Paper
Power Generation
Food and Beverage
Electric Motor Driven
Diesel Engine Driven
Steam Turbine Driven
Hydraulic Driven
Solar Powered
Cast Iron
Stainless Steel
Alloy Steel
Plastic and Composites
Bronze
Manufacturing
Construction
Aerospace
Mining and Metals
Pharmaceuticals
Textiles
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global API 610 and ISO 13709 Centrifugal Process Pumps Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global API 610 and ISO 13709 Centrifugal Process Pumps Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global API 610 and ISO 13709 Centrifugal Process Pumps Market, By Type
6. Global API 610 and ISO 13709 Centrifugal Process Pumps Market, By Application
7. Global API 610 and ISO 13709 Centrifugal Process Pumps Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global API 610 and ISO 13709 Centrifugal Process Pumps Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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