Global High Pressure Pumps Market Overview
High pressure pumps are pumps specifically designed to bear pressure on the higher end. High
pressure pumps play a vital role in several areas such as water supply and sewerage, draining for
flood prevention, and agriculture. These pumps also play an important role in applications that are
suitable for liquid transfer in washing systems, cooling and air-conditioning systems, water-supply
systems, water-treatment systems, firefighting systems, industrial plants, and boiler feeding
systems. The latest report launched by Market Research Future (MRFR) has suggested that the
global High Pressure Pumps Market Size is expected to witness sizeable growth in the
forthcoming years, exhibiting a 3% CAGR.
As mentioned above, high pressure pumps have a varied scope of application, which is driving the
global market over the forecast period. Apart from that, increasing demand of such pumps among
metal fabrication and automotive industries has led to the ascension of the high pressure pumps
market. Snowballing investments in the oil and gas industry has been observed owing to the rising
demand for continuous supply of energy. These investments are bound to supplement the mounting
demand for high pressure pumps. As per the information provided by the India Brand Equity
Foundation (IBEF) Report, Oil and Natural Gas Corporation (ONGC) recently invested around
$2.73 billion for the drilling of oil and gas wells in 2018-2019.
Moreover, the high pressure pumps market is projected to grow sizeably owing the magnified
demand in the automotive industry. The automobile production increased by 7.08% CAGR
between 2018 and 2019, as per the report launched by India Brand Equity Foundation. This has
contributed to the ascension of high pressure pumps as it would become necessary to compress
fuel at a high pressure injection in automobiles.
Market Segmentation
The high pressure pumps market has been segmented and studied by type, pressure range, end-
users, and region. Based on type, the global high pressure pumps market segments studied by the
report include dynamic displacement and positive displacement. The dynamic pump segment is
projected to dictate the market. This can be accredited to the increased applications in different
industries owing to their ability to generate different flow rates and cost-effectiveness.
Furthermore, chemical manufacturers that are in need to create high pressure are also adopting
dynamic pumps to reduce the cost of equipment in several chemical processes. This is also opening
up new growth avenues for market players.
Based on pressure range, the high pressure pumps market is segmented into 30 Bar to 100 bar, 101
Bar to 500 Bar, as well as, above 500 Bar. Among these segments, the 30 to 100 bar segment is
likely to register higher growth alternative to the other market segments over the forecast period.
Attributable factors include the manufacturers who are using a series of such pumps for generating
high pressure and lower space requirement, cost-effectiveness, and easy installation of the same.
Based on end-users, the segments of the global high pressure pumps market include chemical &
pharmaceutical, oil & gas, power generation, and manufacturing industries. The oil & gas segment
is projected to hold a dominant share of the market over the forecast period owing to the adoption