According to our (Global Info Research) latest study, the global Pumps for Oil and Gas market size was valued at US$ 24494 million in 2025 and is forecast to a readjusted size of US$ 34235 million by 2032 with a CAGR of 4.9% during review period.
Oil and gas pumps are critical fluid handling equipment used in oil and gas exploration, extraction, gathering, refining, and transportation. They can stably transport crude oil, natural gas, and related media under complex working conditions such as high pressure, high temperature, corrosion, and sand content, making them one of the core pieces of equipment in oil and gas engineering.
The upstream industry includes raw materials and key components such as cast and forged steel, stainless steel, alloy materials, seals, motors, and control systems; the downstream industry mainly serves oil and gas exploration and development, long-distance pipelines, refining and petrochemicals, LNG projects, and oil and gas storage, transportation, and terminal applications.
In 2025, the global market price for oil and gas pumps is projected to be US$250,000 per unit, with an annual sales volume of approximately 95,220 units, a global annual production capacity of 100,000 units, and an industry profit margin of 30%.
Global Market Development Trends:
Against the backdrop of global energy structure adjustments, oil and natural gas remain indispensable basic energy sources in the medium and long term. With the gradual recovery of global oil and gas exploration and development investment, particularly the advancement of projects in the Middle East, North America, Latin America, and deep-sea regions, the demand for high-reliability, high-power oil and gas pumps is expected to maintain steady growth, indicating a strong long-term market foundation.
Future oil and gas pump products will continue to upgrade towards higher pressure, higher efficiency, corrosion resistance, and longer lifespan to adapt to complex operating conditions such as deep wells, deep-sea environments, unconventional oil and gas, and high-sulfur and high-acid conditions. Simultaneously, API standards, intelligent monitoring, and condition diagnosis functions will become more widespread, driving the transformation of products towards high-end equipment and systematic solutions.
Traditional major oil and gas regions will remain the main source of incremental growth, while mature markets will focus more on equipment upgrades and energy-saving renovations. Meanwhile, the construction of natural gas, LNG, and hydrogen-related infrastructure will bring new application scenarios for oil and gas pump companies. Overall, the industry will continue to evolve under the trend of "stable scale, improved technology, and increased concentration."
This report is a detailed and comprehensive analysis for global Pumps for Oil and Gas market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Pumps for Oil and Gas market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Pumps for Oil and Gas market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Pumps for Oil and Gas market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2021-2032
Global Pumps for Oil and Gas market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Pumps for Oil and Gas
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Pumps for Oil and Gas market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schlumberger (SLB), Baker Hughes, Flowserve, Sulzer, KSB, Weir Group, ITT Goulds Pumps, Ebara, SPX FLOW, Grundfos, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Pumps for Oil and Gas market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Centrifugal Pumps
Positive Displacement Pumps
Reciprocating Pumps
Screw Pumps
Market segment by Transported Media
Crude Oil Pumps
Natural Gas Pumps
Refined Oil Pumps
Corrosive Media Pumps
Pumps For Media Containing Solid Particles
Market segment by Pressure Rating
Low-Pressure Pumps
Medium-Pressure Pumps
High-Pressure Pumps
Market segment by Application
Onshore
Offshore
Major players covered
Schlumberger (SLB)
Baker Hughes
Flowserve
Sulzer
KSB
Weir Group
ITT Goulds Pumps
Ebara
SPX FLOW
Grundfos
Wilo
Ruhrpumpen
Pentair
Kirloskar Brothers
Shandong Shuanglun
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Pumps for Oil and Gas product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Pumps for Oil and Gas, with price, sales quantity, revenue, and global market share of Pumps for Oil and Gas from 2021 to 2026.
Chapter 3, the Pumps for Oil and Gas competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Pumps for Oil and Gas breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Pumps for Oil and Gas market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Pumps for Oil and Gas.
Chapter 14 and 15, to describe Pumps for Oil and Gas sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Pumps for Oil and Gas. Industry analysis & Market Report on Pumps for Oil and Gas is a syndicated market report, published as Global Pumps for Oil and Gas Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of Pumps for Oil and Gas market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.