US Progressing Cavity Pumps Market Trends, Size, Competitive Analysis and ForecaPosted by mansi on March 12th, 2020 US progressing cavity pumps market is expected to witness a significant growth with the CAGR of 5.1% during the forecast period. Progressing cavity pumps are based on a positive displacement principle and are primarily designed for abrasion resistance in difficult pumping applications for a broad range of liquids and semi-solids such as crude oil, chemicals, slurry and so on. The major factors boosting the growth of the progressing cavity pumps market include inclination towards wastewater treatment process and rising demand for artificial lift systems. Request a Free Sample of our US Progressing Cavity Pumps Market: https://www.omrglobal.com/request-sample/us-progressing-cavity-pumps-market Another major factor for the growth of the market includes the rising production of petroleum products, globally, where progressing cavity pumps find the highest application. As per the US Energy Information Administration, petroleum products production in 2018 was 100 million oil barrels per day were as compared to 98.1 million oil barrel per day. A major restraint to the market includes availability of alternative to the progressing cavity pumps. At various applications, electrical submersible pumps, sucker rod pumps, and centrifugal pumps can be used as an alternative to the progressing cavity pumps. A full Report of US Progressing Cavity Pumps Market is Available at: https://www.omrglobal.com/industry-reports/us-progressing-cavity-pumps-market US progressing cavity pumps market is segmented on the basis of stage type and application. Based on the stage type, the market is segmented into single stage (90-psi), double stage (180-psi), four stages (360-psi), and eight stage (720-psi rated). Based on the application, the market is segmented into oil & gas, chemical, food & beverage, water & wastewater, and others. US Progressing Cavity Pumps Market Segmentation
By Stage Type
By Application
Company Profiles
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