Market Research Reprots- Worldwide Progressing Cavity Pumps Market

Small Boats Markets: Market Shares,
Strategies, and Forecasts, Worldwide, 2018 to
2024
A $2.7 billion market for EMEA in 2017, the Progressing Cavity Pumps market has evolved
steadily. It is expected to reach $5.97 billion by 2024. Worldwide markets are poised to achieve
continuing growth as progressing cavity pumps types include dosing pumps, flanged pumps,
hopper pumps, food grade pumps, and immersion Pumps. The ability to meet demands for
energy production is a key benefit. Conventional methods of crude oil recovery have been
modified using he pumps to optimize production from existing reserves
Progressing Cavity Pump (PCP) systems are designed to produce heavy and viscous crudes up to
1,000cSt in low-production and deviated wells with low inflow, high GOR at the pump intake,
scales and solids, providing the long term and reliable operation, impossible to achieve by ESP
or other Artificial Lift Systems.