Centrifugal Pump Market is Anticipated to Witness High Growth Owing to Rising Demand for Wastewater Treatment

The centrifugal pump market has been gaining significant traction in various end-use industries such as oil & gas, water supply, wastewater treatment among others. Centrifugal pumps are mechanical devices that transfer liquids by means of centrifugal force. They are majorly used to move or lift fluids to higher elevations or pressures. Various industries have been increasingly adopting centrifugal pumps to effectively transport liquids from one location to another. The growth in wastewater treatment facilities has provided a major boost to the demand for centrifugal pumps.

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Centrifugal Pump Market is driven by increased adoption in power generation industry

The centrifugal pump market is estimated to be valued at USD 41.38 billion in 2025 and is expected to reach USD 61.45 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.8% from 2025 to 2032.
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