Frost & Sullivan Analysis Indicates Increase in PD Pumps Market

Contributed by: PumpScout Staff

Positive displacement (PD) pumps are preferred in many industries for their superior performance. As plant automation in Southeast Asia (SEA), Australia, and New Zealand (ANZ) increases, demand for advanced versions of PD pumps among end users in these areas is also expected to increase.

Frost & Sullivan recently released new analysis of SEA and ANZ positive displacement pumps markets that reveals 2011 revenues of $624.0 million and estimates for 2017 revenues of $800.0 million. This reflects a larger global demand for energy and other resources which supports growth in the PD pump market. Expanding populations in countries such as Indonesia and Malaysia are prime examples, highlighting a need for more resources (oil, chemical and petrochemicals, water, and food and beverage) and infrastructure development.

"All these industries are major users of pumps," says Krishnan Ramanathan, an Industrial Automation and Process Control Research Analyst for Frost & Sullivan. "Further, it is estimated that the SEA and Asia-Pacific region will register a 2.4 percent yearly increase in energy demand until 2030 – above the projected global average – pushing the uptake of PD pumps by the oil and gas industry."

PD pumps offer industrial development benefits such as: project cost reduction, improved accuracy, and lower noise interference. Despite these advantages, the initial high installation fees prevent many end users from investing in the long-term payoff of building with PDs. This barrier will remain an issue during the short and medium-term.

"Investments in newer technologies and research on emerging applications will reduce the impact of such high initial costs and capital investments over the long-term," says Ramanathan. "In other words, PD pumps will gain acceptance in newer industries, but this will take time."

The growing market emphasizes quality, delivery time, and price as sources of competitive advantage among manufacturers.

"Quality is vital for PD pumps because they are critical process equipment in various industries," says Ramanathan. "Quality is the major competitive factor that large participants can leverage to offset competition from low-cost PD pumps manufacturers."


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