Market Forecast By Type (Reciprocating Pumps, Rotary Pumps, Peristaltic Pumps), By End-User (Water & Wastewater, Mining, Oil & Gas, Chemicals, Power Generation, Food & Beverage, Others) And Competitive Landscape
Product Code: ETC301770 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Report Name | Vietnam Positive Displacement Pumps (PDP) Market |
Forecast Period | 2025-2031 |
CAGR | 6.2% |
Growing Sector | Water Treatment and Oil & Gas |
The Vietnam Positive Displacement Pumps (PDP) Market report provides an in-depth analysis of the industry segmented by Type and End-User. It highlights key trends, growth opportunities, major challenges, and significant drivers influencing the market.
The Vietnam positive displacement pumps market has been experiencing steady growth, driven by increasing demand in water treatment, oil & gas, and chemical processing industries. These pumps, known for their efficiency in handling viscous fluids, are essential for industries requiring precise fluid transfer. The country’s industrial expansion and infrastructure development have further fueled the demand for PDPs. Additionally, Vietnam’s growing emphasis on sustainable water management and energy-efficient systems is fostering market growth. Advances in automation and smart pump technology are expected to improve operational efficiency and reduce maintenance costs, thereby driving further adoption.
According to 6Wresearch, the Vietnam Positive Displacement Pumps Market is anticipated to grow at a CAGR of 6.2% during the forecast period 2025-2031. Vietnam's positive displacement pumps market is experiencing growth due to several key drivers. Rapid industrialization and urbanization have increased the demand for efficient water management systems and industrial processes, where positive displacement pumps play a critical role. Additionally, sectors such as oil and gas, chemical processing, and food and beverage are expanding, further driving the need for reliable pump solutions. The pumps' ability to handle high-viscosity fluids and deliver consistent flow rates makes them indispensable in these industries.
However, the market faces certain challenges that could hinder growth. High initial costs and maintenance requirements of positive displacement pumps may discourage potential buyers, particularly small-scale businesses. Furthermore, competition from alternative pumping technologies, as well as fluctuations in raw material prices, add pressure to manufacturers and suppliers. Addressing these challenges will require innovative solutions and strategic investments to ensure sustainable growth in Vietnam's positive displacement pumps market.
Some of the Notable Trends driving the Market Growth include:
Some of the Remarkable Investment Opportunities driving the Market Growth include:
The Vietnam PDP market is led by key players such as Grundfos, Flowserve Corporation, Xylem Inc., and SPX Flow. These companies leverage advanced technologies, extensive distribution networks, and strong R&D capabilities to cater to diverse industrial needs. Their focus on innovation, energy efficiency, and regulatory compliance ensures a competitive market position. Strategic partnerships, mergers, and acquisitions further strengthen their market dominance.
Government regulations play a critical role in shaping the Vietnam positive displacement pumps market. These regulations often focus on ensuring product quality, environmental compliance, and operational safety standards. For instance, the government enforces strict guidelines on energy efficiency, pushing manufacturers to adopt innovative technologies that reduce energy consumption. Additionally, there are policies in place to minimize environmental impacts, such as controlling emissions and managing industrial waste during pump production and operation. Compliance with these regulations is essential for companies to operate in the market, and non-compliance may lead to hefty penalties or restricted market access. These policies not only promote sustainability but also encourage competition among manufacturers to produce more efficient and environmentally friendly products.
The Vietnam positive displacement pumps market is home to several leading players that dominate through their advanced product offerings, strong distribution networks, and commitment to innovation. Prominent companies such as Grundfos, KSB SE & Co. KGaA, Xylem Inc., Flowserve Corporation, and Sulzer Ltd. are key contributors shaping the competitive landscape. These firms are recognized for their high-quality pumps that meet stringent energy efficiency and environmental standards, making them compliant with government regulations. Additionally, many of these companies have established local manufacturing facilities or partnerships to strengthen their presence and cater to the region's specific needs. Local players also play a crucial role, often offering cost-effective solutions tailored to small and medium-sized enterprises.
The report provides a comprehensive study of the following market segments and their leading categories:
According to Ravi, Research Head at 6Wresearch, the rotary pumps segment is expected to lead the market due to its wide application in industries such as oil & gas and chemical processing. These pumps offer high efficiency, minimal pulsation, and the ability to handle viscous fluids, making them ideal for industrial fluid transfer. The demand for low-maintenance and high-durability pumps is expected to drive further growth in this segment. However, high initial investment costs can pose a challenge to market penetration. Continuous innovation in pump design and automation is likely to enhance product performance and adoption rates.
The water and wastewater sector in Vietnam is witnessing significant growth, driving demand for positive displacement pumps. This market expansion is fueled by the country's rapid urbanization, industrial development, and growing emphasis on sustainable water management practices. Positive displacement pumps are particularly valuable in this sector due to their ability to handle highly viscous fluids, precise flow control, and efficiency in pumping liquids containing solids. These characteristics make them ideal for applications such as wastewater treatment, sludge handling, and water recycling processes. Additionally, governmental initiatives and investments aimed at improving water infrastructure and addressing environmental challenges further contribute to the rising adoption of these advanced pump technologies in Vietnam.
The Market report covers a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Vietnam Positive Displacement Pumps (PDP) Market Overview |
3.1 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume, 2021 - 2031F |
3.2 Vietnam Positive Displacement Pumps (PDP) Market - Industry Life Cycle |
3.3 Vietnam Positive Displacement Pumps (PDP) Market - Porter's Five Forces |
3.4 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.5 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume Share, By End-User, 2021 & 2031F |
4 Vietnam Positive Displacement Pumps (PDP) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Positive Displacement Pumps (PDP) Market Trends |
6 Vietnam Positive Displacement Pumps (PDP) Market Segmentation |
6.1 Vietnam Positive Displacement Pumps (PDP) Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume, By Reciprocating Pumps, 2021 - 2031F |
6.1.4 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume, By Rotary Pumps, 2021 - 2031F |
6.1.5 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume, By Peristaltic Pumps, 2021 - 2031F |
6.2 Vietnam Positive Displacement Pumps (PDP) Market, By End-User |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume, By Water & Wastewater, 2021 - 2031F |
6.2.3 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume, By Mining, 2021 - 2031F |
6.2.4 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume, By Oil & Gas, 2021 - 2031F |
6.2.5 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume, By Chemicals, 2021 - 2031F |
6.2.6 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume, By Power Generation, 2021 - 2031F |
6.2.7 Vietnam Positive Displacement Pumps (PDP) Market Revenues & Volume, By Food & Beverage, 2021 - 2031F |
7 Vietnam Positive Displacement Pumps (PDP) Market Import-Export Trade Statistics |
7.1 Vietnam Positive Displacement Pumps (PDP) Market Export to Major Countries |
7.2 Vietnam Positive Displacement Pumps (PDP) Market Imports from Major Countries |
8 Vietnam Positive Displacement Pumps (PDP) Market Key Performance Indicators |
9 Vietnam Positive Displacement Pumps (PDP) Market - Opportunity Assessment |
9.1 Vietnam Positive Displacement Pumps (PDP) Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Vietnam Positive Displacement Pumps (PDP) Market Opportunity Assessment, By End-User, 2021 & 2031F |
10 Vietnam Positive Displacement Pumps (PDP) Market - Competitive Landscape |
10.1 Vietnam Positive Displacement Pumps (PDP) Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Positive Displacement Pumps (PDP) Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |