Progressing cavity pump market has been valued at US$ 6.58 billion in the year 2021 and it is estimated to reach US$ 8.89 billion by the year 2027, with a CAGR of 8.0% from 2022 to 2027. Progressing cavity pump is a type of positive displacement pump and is also known as a progressing cavity pump, progressing cavity pump, eccentric screw pump, or cavity pump. It transfers fluid by means of the progress, through the pump, of a sequence of small, fixed shape, discrete cavities, as its rotor is turned; these are the main factors that have considerably increased the demand for the progressing cavity pumps in the market, thereby driving the huge growth of the progressing cavity pumps market in the upcoming years

Market Drivers and Restraints:

The main factors that have considerably increased the demand for the progressing cavity pumps in the market are mainly due to the growing rapidly, the quantity of wastewater produced and its overall pollution load also increasing worldwide. Factors such as rising environmental pollution, stricter government policies to regulate emissions and pollutants, and increasing focus on better management of wastewater are expected to drive the market's growth during the forecast period.

Generally, progressing cavity pumps provide a shallow pulsing flow. In wastewater and water treatment applications, excess sludge, untreated sewage, or concentrated slurries may be moved; these are the main factors that have considerably increased the demand for the progressing cavity pumps in the market, thereby driving the huge growth of the progressing cavity pumps market in the upcoming years

To know more read:

https://www.marketdataforecast.com/market-reports/progressing-cavity-pump-market

The report is segmented as:

Progressing cavity pumps Market is segmented on the basis of:

By Pumping capacity (Up to 500 GPM, 501–1,000 GPM, and others),

By Power Rating (Up to 50 HP, 51–150 HP, and others), and

By End-User (Oil & Gas, Food & Beverages, and others)

Geographical Segmentation:

Progressing cavity pumps Market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East & Africa, and the rest of the world. North America has the dominant share in the progressing cavity pumps is due to the water and wastewater treatment infrastructure is expected to increase significantly, thereby driving the market these are the main factors that have considerably increased the demand for the progressing cavity pumps in North America, followed by Europe, Asia Pacific, Latin America, and the Middle East & Africa will register a slower increase in the progressing cavity pumps Market

Click the link to get a Sample Copy of the Report:

https://www.marketdataforecast.com/market-reports/progressing-cavity-pump-market/request-sample

Impact of COVID-19 on the Market

The COVID-19 started at the end of 2019 in Wuhan china; this has affected many industries from different sectors in various countries and also affected progressing cavity pumps market. Covid-19 pandemic has impacted hugely on the sales revenue of progressing cavity pumps market. Due to the government restrictions like lockdown in many countries have stopped the production of products by the manufacturing companies, In recent days relaxation in restrictions by the government and people are getting vaccinated to stop the spread of coronavirus are expecting to raise the progressing cavity pumps market growth

ABOUT US:

Market Data Forecast is a firm working in market research, business intelligence, and consulting. We have rich research and consulting experience for various business domains to cater to individual and corporate clients’ needs.

Contact Us:

Market Data Forecast

Website: https://www.marketdataforecast.com

Phone: +1-888-702-9626

Email: [email protected]