Rotary Pumps Market will grow at a CAGR of 5.39% over the period 2022-2027

Rotary Pumps Market will grow at a CAGR of 5.39% over the period 2022-2027


According to IMARC Group’s latest report entitled “Rotary Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecasts 2022-2027‘ provides a comprehensive analysis of the industry that includes insights Rotary Pump Market Share. The report also includes competitive and regional analysis along with recent advances in the global market. The global rotary pump market size reached US$6.2 billion in 2021. Looking ahead, IMARC Group expects the The market is projected to reach $8.5 billion by 2027, at a growth rate (CAGR) of 5.39% over 2022-2027.

A rotary pump, also known as a rotary vane vacuum pump, is a valveless pump that transfers a specified volume of liquid or gas through the rotating action of its components. It has small clearances in the stationary and rotating parts that minimize leakage and aid in low speed operation. It also has the self-priming capability that allows pumping of liquids and gases without loss of suction. Currently, leading industry players are incorporating technologically advanced features into centrifugal pumps to transport harmful chemicals without harming the environment.

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As the novel coronavirus (COVID-19) crisis sweeps the world, we continuously monitor the changes in the markets and consumer purchasing behavior worldwide and our estimates on the latest market trends and forecasts are made after considering the impact of this pandemic.

Global Rotary Pumps Market Trends:

Because centrifugal pumps are compact, offer high viscosity and have the potential to handle high differential pressures, they are gradually gaining importance around the world. Consequently, they are used in industries such as marine, chemical, pharmaceutical and biotechnology. With the increasing penetration of the Internet of Things (IoT)…


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