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Centrifugal Pump Market To Reach $71.6 Billion by 2035

Published: Oct 2026

The global centrifugal pump market was valued at $44.8 billion in 2025 and is projected to reach $71.6 billion by 2035, expanding at a CAGR of 4.8% during 2026–2035. Market growth is supported by investments in water infrastructure, industrial manufacturing, energy systems, wastewater treatment, and efficient fluid-handling technologies. Centrifugal pumps are widely deployed across water and wastewater, oil and gas, chemicals, power generation, agriculture, mining, pharmaceuticals, and commercial building applications.

Browse the full report description of “Centrifugal Pump Market Size, Share & Trends Analysis Report, By Flow Direction (Radial Flow, Mixed Flow, Axial Flow), By Component (Casing/Volute, Impeller, Shaft, Seals & O-Rings, Bearings & Base, Other Components), By Material (Cast Iron, Carbon Steel, Stainless Steel, Bronze, Duplex/Super Duplex Stainless Steel, Nickel Alloys, Silicon Carbide, Carbon Graphite, Plastics/Engineered Polymers, Other Materials), By Stage (Single Stage, Multi Stage), By End User (Industrial, Oil & Gas, Water & Wastewater, Metals & Mining, Chemicals, Power Generation, Food & Beverages, Pharmaceuticals, Pulp & Paper, Agriculture, Automotive, Textiles, Commercial & Residential, Others), Forecast Period (2026–2035)” at https://www.omrglobal.com/industry-reports/centrifugal-pumps-market

A major growth driver is the increasing need for reliable water infrastructure. According to the World Health Organization and UNICEF Joint Monitoring Programme, approximately 2.2 billion people lacked safely managed drinking-water services in 2022. This infrastructure gap highlights the need for investment in water collection, treatment, distribution, and wastewater management systems, where centrifugal pumps perform essential fluid-transfer functions. The relationship is indirect: infrastructure investment, project execution, and equipment procurement determine how much demand translates into pump sales.

Industrial electrification and energy-efficiency initiatives are also influencing equipment purchasing decisions. The International Energy Agency identifies industry and buildings as important areas for energy-efficiency improvements, encouraging operators to evaluate equipment based on lifetime energy consumption, reliability, and maintenance costs. Manufacturers are responding with improved hydraulic designs, variable-speed drives, smart monitoring, corrosion-resistant materials, and application-specific pump configurations.

Recent developments and competitive strategies include:

  • February 2025 – KSB: Introduced the MultiTec Plus high-pressure pump for drinking-water transport, strengthening its portfolio for water infrastructure projects through hydraulic efficiency and operating flexibility.
  • April 2025 – EBARA: Introduced the PURE FRESSURE PNAHM/PNEHM wall-cabinet booster pump series, targeting compact installation and simplified water-supply equipment deployment in buildings.
  • July 2025 – KSB Australia: Expanded warehouse capacity at its Bundamba location to improve product availability and delivery performance for water and wastewater customers.
  • September 2025 – EBARA: Expanded the international availability of its DKE anti-clog wastewater pump in 50 Hz markets, targeting operational reliability and reduced maintenance requirements.
  • October 2025 – KSB GIW: Introduced the VMD vertical slurry pump for abrasive applications, supporting mining and industrial customers requiring maintainable, application-specific equipment.
  • 2026 – Xylem: Announced an agreement to acquire Cornell Pump and Roper Pump businesses from Indicor for $1.46 billion, subject to customary closing conditions and regulatory approvals. The transaction is intended to broaden Xylem's specialized fluid-handling portfolio and expand its industrial and municipal application coverage.

Market Coverage

  • The market number available for – 2025–2035
  • Base year- 2025
  • Forecast period- 2026–2035
  • Segment Covered-
    • Flow Direction
    • Component
    • Material
    • Stage
    • End-User Industry
    • Regional Analysis

Competitive Landscape – Grundfos Holding A/S, Flowserve Corporation, Xylem Inc., EBARA Corporation, KSB SE & Co. KGaA.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Centrifugal Pump Market Report Segment

  • By Flow Direction: Radial Flow, Mixed Flow, Axial Flow
  • By Component: Casing/Volute, Impeller, Shaft, Seals & O-Rings, Bearings & Base, Other Components
  • By Material: Cast Iron, Carbon Steel, Stainless Steel, Bronze, Duplex/Super Duplex Stainless Steel, Nickel Alloys, Silicon Carbide, Carbon Graphite, Plastics/Engineered Polymers, Other Materials
  • By Stage: Single Stage, Multi Stage
  • By End User: Industrial, Oil and Gas, Water and Wastewater, Metals and Mining, Chemicals, Power Generation, Food and Beverages, Pharmaceuticals, Pulp and Paper, Agriculture, Automotive, Textiles, Commercial and Residential, Other End Users

Global Centrifugal Pump Market Report Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Russia
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia and New Zealand
  • ASEAN Economies
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

 

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