Rotary pumps are also known as positive displacement pumps that consist of vanes attached to a rotor, which are used to displace liquid with each revolution of the rotary pump. Rotary pumps are commonly used various industrial sectors such as oil & gas, water & wastewater, mining, manufacturing, construction, chemical, and pharmaceuticals.
Growing Preference for Rotary Pumps in Versatile Industrial Application Triggers Market Growth
Rotary pumps are a popular type of positive displacement pumps among end-users from a wide range of industrial sectors, such as water & wastewater, power generation, chemical, and oil & gas. Owing to the extraordinary design benefits, rotary pumps present one of the most versatile pumping solution that can handle high viscosity fluids in a vast range of industrial applications.
Furthermore, it can pump liquids at high temperatures and liquids with gas or vapor contents more efficiently than any other type of pumps, which further expands the range of applications of rotary pumps. Manufacturers in the rotary pumps market are promoting the unique performance characteristics of rotary pumps to expand sales across various industrial territories.
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Stringent Pump Efficiency Standards Create Challenges for Rotary Pump Manufacturers
Despite the rise in adoption of rotary pumps across various industrial sectors, low efficiency and low volume degree of rotary pumps is restricting its adoption. Furthermore, due to stringent efficiency standards and regulations, rotary pump sales across various end-user industries have plummeted in the past few years.
The Energy Policy and Conservation Act of 1975 (EPCA) by the Department of Energy compels rotary pump manufacturers to comply with energy efficiency standards for industrial equipment. Furthermore, the emissions standards issued by the California Air Resources Board (CARB) compels rotary pump manufactures to adopt emission-certified engines in rotary pumps.
New efficiency standards and regulations developed by international governing bodies are forcing manufacturers in the rotary pumps market to modify their manufacturing and marketing strategies. This may make it more challenging for rotary pumps market players to maintain competitive prices and gain an edge in the market.
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