QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Industrial Centrifugal Pump- Global Market Share and Ranking, Overall Sales and Demand Forecast 2026-2032”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2026-2032), this report provides a comprehensive analysis of the global Industrial Centrifugal Pump market, including market size, share, demand, industry development status, and forecasts for the next few years.
The global market for Industrial Centrifugal Pump was estimated to be worth US$ 20613 million in 2025 and is projected to reach US$ 25476 million, growing at a CAGR of 2.9% from 2026 to 2032.
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Industrial Centrifugal Pump Market Summary
Industrial Centrifugal Pumps refer to centrifugal fluid machinery used in industrial and engineering applications to convey a wide range of process fluids and utility media. Driven by an electric motor, the impeller rotates at high speed and, through centrifugal force, imparts pressure and flow to the liquid to meet the requirement for continuous and stable pumping. Applicable media typically include raw water, circulating water, cooling water, boiler feedwater, various petroleum products, chemical fluids, slurries, and low- to medium-viscosity liquids containing small amounts of suspended solids. These pumps primarily serve sectors such as water treatment, municipal water supply and drainage, HVAC, power generation, oil and petrochemicals, coal chemicals, iron and steel metallurgy, mining, pulp and paper, building materials, and general machinery supporting systems, and they represent fundamental general-purpose equipment in industrial fluid conveyance systems. For the purpose of this report, “Industrial Centrifugal Pumps” exclude sanitary Industrial Centrifugal Pumps used in high-hygiene applications such as food, beverages, dairy, biopharmaceuticals, and cosmetics.
Market Drivers and Trends
The core drivers of demand for Industrial Centrifugal Pumps stem from two fundamental forces: “continuous operation in process industries” and “rigid demand from public utility and infrastructure systems.” On the one hand, capital investment, capacity expansion, and technical retrofits in sectors such as energy and chemicals, power generation, and metals/mining directly stimulate incremental demand for pumps. In particular, pumps are high-frequency and largely irreplaceable components in critical functions such as fluid transfer, circulating cooling, make-up and drainage, and plant supporting systems. On the other hand, municipal water utilities, water conservancy projects, industrial park utilities, and building water supply and drainage are characterized by stable demand from both routine operations/maintenance of existing assets and incremental construction, giving the industry resilience amid cyclical fluctuations. Meanwhile, the equipment replacement cycle and rising reliability requirements are increasingly forming a clearer “second growth curve.” As a large installed base of pump stations and industrial units enters a stage of efficiency degradation and higher failure rates, end users are shifting from “good enough to run” toward selection criteria centered on “lower total cost of ownership (TCO),” creating structural incremental space for high-efficiency, energy-saving, and high-reliability industrial pumps.
From the supply-side perspective and in terms of product evolution, the industry is moving from “standalone equipment delivery” toward “system solutions.” As end users place higher requirements on energy consumption, stability, and maintainability, the value proposition of Industrial Centrifugal Pumps is expanding beyond pump hydraulic performance to include pump-set efficiency matching, variable-frequency drive (VFD) control, online condition monitoring, predictive maintenance, and remote operations and maintenance. Leading suppliers increasingly provide integrated solutions—“pump + motor + VFD + control + service”—to enhance delivery stickiness and increase average revenue per project. At the same time, decarbonization and tightening energy-efficiency standards will continue to drive the penetration of high-efficiency and energy-saving pumps, shifting competition gradually from “price” toward “efficiency, reliability, and delivery capability.” In materials and manufacturing, upgrades in corrosion-/wear-resistant material systems, precision casting and machining, and testing/validation capabilities will further differentiate product tiers, giving specialized pumps for harsh-duty scenarios such as chemicals and mining/metallurgy greater pricing power.
Looking ahead, growth in Industrial Centrifugal Pumps will increasingly rely on the combined effect of structural upgrading and application expansion. On the one hand, process-industry retrofits, replacement of aging pump stations, and investments in water conservancy and environmental protection will provide sustained replacement demand. On the other hand, export momentum and overseas channel build-out will become important sources of incremental growth. While China’s supply chain has advantages in scale manufacturing and cost control, capturing a higher share in the mid- to high-end segment will still require stronger capabilities in standards compliance and certification, reliability verification, delivery lead time, and global service networks. Overall, the industry is expected to follow an evolution path characterized by “rising concentration among leading players, accelerating domestic substitution, higher efficiency and intelligence in products, and value migration from equipment to systems and services,” with profitability increasingly determined by product mix and solution capability rather than purely by cyclical swings in end-market demand.
Industry Policy
The policy environment for Industrial Centrifugal Pumps is primarily shaped by two themes: “equipment renewal stimulating demand” and “energy-efficiency/standards raising entry barriers.” First, at the national level, China launched the action plan for “promoting large-scale equipment renewal and trade-in of consumer goods” in 2024. The plan targets a substantial expansion in equipment investment by 2027 and emphasizes equipment upgrades driven by energy saving and carbon reduction, environmental performance, production safety, and digital transformation. For pumps—as key energy-consuming equipment within high-energy-use systems—this creates direct sources of replacement demand and retrofit budgets.
On the industrial side, the “Implementation Plan for Promoting Equipment Renewal in the Industrial Sector,” jointly issued by seven ministries including MIIT, further translates tasks such as “advanced equipment replacement, digital transformation, green equipment promotion, and intrinsic safety enhancement” into concrete requirements for key industries and key equipment categories. It stresses using standards as the primary lever and mandatory constraints such as energy consumption and emissions as enforcement mechanisms, accelerating the phase-out of outdated equipment and the adoption of advanced equipment. For Industrial Centrifugal Pumps, this implies that downstream sectors (e.g., petrochemicals/chemicals, power, and metallurgy) will be more inclined to select efficient, reliable, and maintainable pump sets and system solutions in retrofits and expansions, strengthening the policy certainty of demand shifting from “single-unit replacement” toward “system-level upgrades (pump + motor + VFD + control).”
Energy-efficiency and standards systems are the most direct policy tools shaping competitive dynamics. China has released GB 19762-2025 Minimum Allowable Values of Energy Efficiency and Energy Efficiency Grades for Industrial Centrifugal Pumps (issued on 2025-02-28 and effective on 2026-03-01), which replaces and consolidates existing relevant standards, while the petrochemical sector continues to implement GB 32284-2015 Minimum Allowable Values of Energy Efficiency and Energy Efficiency Grades for Petrochemical Industrial Centrifugal Pumps. Such energy-efficiency grading and minimum-threshold standards become “access requirements” in tendering, user selection, and energy-saving reviews, driving the exit of low-efficiency products and forcing manufacturers to invest more in hydraulic design, material systems, machining precision, and testing consistency.
On the government procurement and certification side, the “Energy-Saving Products Government Procurement Catalogue/List” issued by MOF and NDRC includes “Industrial Centrifugal Pumps” within the scope of energy-saving procurement and explicitly references the relevant energy-efficiency standards. Certification bodies have also released notices on “implementing the new Industrial Centrifugal Pump standards and revising certification rules,” indicating that companies need to upgrade products and certifications according to the timeline of the new standards. This will strengthen “energy-efficiency entry requirements” for public projects and certain SOE-led projects, benefiting suppliers with higher energy-efficiency grades, broader model coverage, and more complete certifications, while also accelerating industry consolidation.
Export-related regulations also influence global competition in Industrial Centrifugal Pumps. The EU has long implemented ecodesign requirements for water pumps (e.g., Minimum Efficiency Index, MEI), and the U.S. has energy-efficiency regulations and testing/labeling systems for certain clean-water pumps (e.g., performance metrics such as PEI). These regimes raise the bar in technical parameters, test methods, compliance labeling, and market access. For Chinese industrial Industrial Centrifugal Pump suppliers, tightening overseas standards increase compliance costs and certification lead times, while simultaneously shifting competition from “price” toward “efficiency, reliability, and system-level energy performance,” pushing manufacturers to improve R&D verification, quality consistency, and overseas service capabilities.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Industrial Centrifugal Pump market is segmented as below:
By Company
Shanghai Kaiquan Pump
Shanghai Liancheng
Shanghai Dongfang Pump Industry
Nanfang Zhongjin Environment
Grundfos
Ebara
Xylem
Leo Group
KSB
Shanghai Panda Machine
Shimge Pump Industry Group
Chongqing Pump Industry
WILO SE
Sulzer
Zhejiang Dayuan Pumps Industrial
Lanshen Group
Guangdong Lingxiao Pump Industry
Flowserve
Hanyu Group Joint-stock
Danai Pump Campus
North Chemical Industries
Shanghai Sunshine Pump
Zhejiang Taifu Pump
ITT
Segment by Type
Single-stage Centrifugal Pump
Multi-stage Centrifugal Pump
Segment by Application
Oil and Gas Industry
Chemical Industry
Power
Others
Each chapter of the report provides detailed information for readers to further understand the Industrial Centrifugal Pump market:
Chapter 1: Introduces the report scope of the Industrial Centrifugal Pump report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2021-2032)
Chapter 2: Detailed analysis of Industrial Centrifugal Pump manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2021-2026)
Chapter 3: Provides the analysis of various Industrial Centrifugal Pump market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2021-2032)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2021-2032)
Chapter 5: Sales, revenue of Industrial Centrifugal Pump in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2021-2032)
Chapter 6: Sales, revenue of Industrial Centrifugal Pump in country level. It provides sigmate data by Type, and by Application for each country/region.(2021-2032)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2021-2026)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Industrial Centrifugal Pump competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Industrial Centrifugal Pump comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Industrial Centrifugal Pump market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Industrial Centrifugal Pump Market Research Report 2026
Global Industrial Centrifugal Pump Sales Market Report, Competitive Analysis and Regional Opportunities 2026-2032
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