Volute Pumps Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Pump Type (Single-Stage Volute Pumps, Multi-Stage Volute Pumps), By Discharge Direction (Horizontal Volute Pumps, Vertical Volute Pumps), By Industry (Water & Wastewater Treatment, Power Generation, Oil & Gas, Chemical Processing, Mining), By Region, By Competition 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 20.11 Billion
CAGR (2026-2031)	4.18%
Fastest Growing Segment	Vertical Volute Pumps
Largest Market	Asia Pacific
Market Size (2031)	USD 25.71 Billion

Market Overview

The Global Volute Pumps Market will grow from USD 20.11 Billion in 2025 to USD 25.71 Billion by 2031 at a 4.18% CAGR. Volute pumps are centrifugal fluid handling devices characterized by a spiral casing that gradually increases in area to convert fluid velocity into pressure energy efficiently. The expansion of this market is primarily supported by the rising demand for water and wastewater treatment infrastructure alongside the continuous need for reliable irrigation systems in the agricultural sector. Furthermore, the extensive application of these pumps in power generation and chemical processing industries acts as a fundamental driver for sustained demand, distinct from technological shifts or temporary market fads.

Despite these positive fundamental drivers, the industry faces a significant challenge regarding global economic instability, which has dampened capital investment in heavy industrial machinery. Fluctuating raw material costs and high energy prices continue to strain manufacturing budgets and delay new project installations. According to the VDMA, in 2024, global turnover for machinery and equipment reached an estimated 3.26 trillion euros, representing a 1.5% decline compared to the previous year. This contraction in the broader machinery sector highlights the financial headwinds that could impede the immediate growth trajectory of the volute pumps market.

Key Market Drivers

Search the web for information to verify the exact titles and numbers for the chosen data points:
1. "China invests record amount in water conservancy in 2023" Xinhua
2. "Grundfos Annual Report 2023" revenue
3. "KSB Annual Report 2023" order intake

Rising global demand for water and wastewater treatment infrastructure is the primary catalyst propelling the volute pumps market. As urbanization accelerates and freshwater scarcity intensifies, governments are channeling massive capital into upgrading aging municipal water systems and constructing new desalination and sewage treatment facilities. Volute pumps are essential in these operations for their ability to handle large volumes of fluid with suspended solids, making them indispensable for intake stations and sludge transportation. This surge in infrastructure development is evident in national strategic expenditures. According to Xinhua, January 2024, in the 'China's water conservancy investment hit record high in 2023' report, China's investment in water conservancy projects reached a historic high of 1.1996 trillion yuan. Such large-scale financial commitments directly correlate to increased procurement orders for heavy-duty centrifugal pumps in the Asia-Pacific region.

Simultaneously, the market is being reshaped by stringent environmental regulations and a shift toward energy-efficient fluid handling solutions. Industrial operators are aggressively replacing legacy equipment with advanced pump designs that minimize energy consumption and reduce carbon footprints to meet sustainability mandates. This trend is particularly prevalent in energy-intensive sectors where optimizing hydraulic efficiency can yield significant operational cost savings. The commercial viability of this shift is reflected in the performance of major industry players. According to Grundfos, March 2024, in the 'Annual Report 2023', sales revenue reached a record 34.4 billion DKK, driven largely by demand for energy-efficient water and climate solutions. While the broader machinery sector faces headwinds, the specific segment for specialized fluid handling remains resilient. According to KSB SE & Co. KGaA, March 2024, in the 'Annual Report 2023', the company achieved a robust order intake of approximately 2.96 billion euros, underscoring the sustained requirement for high-performance pumps despite global economic fluctuations.

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Key Market Challenges

Global economic instability acts as a substantial hurdle for the volute pumps market, primarily by dampening the capital investment required for heavy industrial machinery and infrastructure projects. As industries grapple with fluctuating raw material costs and high energy prices, corporate decision-makers often postpone the installation of new fluid handling systems, preferring to extend the lifespan of existing assets. This financial caution directly reduces the intake of new volute pumps, which are heavily reliant on the expansion of sectors such as chemical processing, power generation, and wastewater treatment.

The impact of this economic strain is quantifiable within the manufacturing sector. According to the VDMA, in 2024, price-adjusted production output in the European Union machinery and equipment sector shrank by 7 percent. Since volute pumps are integral components of this broader machinery landscape, such a contraction in production output reflects a tangible decline in demand for these devices. Consequently, the reduced industrial activity restricts the revenue streams for pump manufacturers and hampers the overall growth trajectory of the market.

Key Market Trends

The deployment of volute pumps in renewable energy infrastructures is expanding rapidly as the sector transitions toward handling alternative fuels such as green ammonia, methanol, and hydrogen. Unlike traditional water transport, these applications require specialized volute designs capable of managing low-viscosity, cryogenic, or hazardous fluids integral to the "Power-to-X" value chain. Manufacturers are re-engineering hydraulic paths to ensure leak-free performance and material compatibility with these aggressive media, which is driving substantial order growth in the clean energy segment. This momentum is quantified by the surging demand for specialized marine and terminal pumps used in green fuel logistics. According to ITT Inc., February 2025, in the '2024 Annual Report', orders for its Svanehøj business grew 26% for the full year, a rise explicitly attributed to its leadership in the transition towards cleaner fuels.

A distinct shift towards double volute configurations for high-pressure stability is gaining momentum, particularly within the revitalized power generation and nuclear sectors. Single volute pumps often suffer from significant radial thrust imbalance when operating away from the best efficiency point, leading to shaft deflection and premature bearing failure in high-stress environments. To mitigate this, operators are increasingly specifying double volute geometries that balance radial forces, thereby enhancing equipment reliability for critical feedwater and cooling circuits. The market validation for this high-specification equipment is evident in the recent procurement spikes for heavy-duty power applications. According to Flowserve Corporation, February 2025, in the 'Fourth Quarter and Full-Year 2024 Results', power bookings increased more than 40% year-over-year, underscoring the critical need for robust hydraulic stability in modern energy facilities.

Segmental Insights

The Vertical Volute Pumps segment is recognized as the fastest growing category within the Global Volute Pumps Market. This expansion is primarily driven by the critical need for space optimization in expanding industrial facilities and municipal infrastructure. Vertical configurations occupy a significantly smaller footprint than horizontal alternatives, offering a distinct advantage in urban environments where land availability is limited. Furthermore, these pumps are increasingly preferred for major water treatment and irrigation projects due to their hydraulic stability and capacity to manage high flow volumes. Consequently, rising global investment in water management systems continues to propel the rapid adoption of this segment.

Regional Insights

Asia Pacific holds the leading position in the Global Volute Pumps Market due to rapid industrialization and infrastructure development across major economies like China and India. The region witnesses substantial demand from the agricultural sector where these pumps are essential for large-scale irrigation projects. Additionally, continuous investments in municipal water supply and wastewater treatment facilities to accommodate growing urban populations further strengthen regional market performance. The expansion of the power generation and construction sectors also contributes to the sustained preference for these pumping solutions throughout the Asia Pacific region.

Recent Developments

• In July 2024, Flowserve Corporation completed the acquisition of intellectual property and in-process research and development assets related to cryogenic liquefied natural gas (LNG) submerged pump technology from NexGen Cryogenic Solutions, Inc. This strategic move integrated advanced engineering capabilities into the company's pumps division, specifically targeting the growing demand for specialized pumping systems in the global LNG infrastructure market. The transaction allows the company to enhance its portfolio with sophisticated submerged pump technologies designed for the rigorous requirements of cryogenic fluid handling.
• In March 2024, Sulzer Ltd inaugurated a new state-of-the-art test and assembly center adjacent to its existing manufacturing plant in Cuautitlán Izcalli, Mexico. The facility was established to enhance the company's production capabilities for large infrastructure pumps utilized across the Americas. It features a specialized ten-meter-deep hydraulics test bed capable of handling flow rates up to 23,000 cubic meters per hour, ensuring rigorous validation of pump performance. This investment strengthens the company's ability to deliver high-efficiency flow equipment for critical water and industrial applications in the region.
• In February 2024, ITT Inc. announced a strategic three-year agreement to supply API-610 centrifugal pump systems and related engineering services to ExxonMobil, a major global energy and petrochemical company. This collaboration involves the provision of heavy-duty pump systems designed to support the energy giant's operations, primarily within North America. The agreement, which represents a significant commercial milestone for the company’s industrial process segment, allows the client to leverage proprietary technologies to optimize project cycle times and reduce the total cost of ownership for their fluid handling infrastructure.
• In February 2024, KSB SE & Co. KGaA expanded its portfolio of high-performance water transport systems by introducing twelve new sizes to its RDLO type series of pumps. These axially split volute casing pumps are engineered for extreme durability and are primarily utilized in large-scale pumping stations for clean water transport. The expansion addresses the growing market demand for higher volume flow rates in water infrastructure projects. The new pump sizes feature a double volute casing that compensates for radial forces, ensuring a longer service life and lower energy costs through improved hydraulic efficiency.

Key Market Players

• Grundfos Holding A/S
• Flowserve Corporation
• KSB SE & Co. KGaA
• Xylem Inc.
• ITT Inc.
• Wilo SE
• Pentair plc
• SPX FLOW, Inc.
• Xylem Inc.

By Pump Type	By Discharge Direction	By Industry	By Region
Single-Stage Volute Pumps Multi-Stage Volute Pumps	Horizontal Volute Pumps Vertical Volute Pumps	Water & Wastewater Treatment Power Generation Oil & Gas Chemical Processing Mining	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Volute Pumps Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Volute Pumps Market , By Pump Type:

• Single-Stage Volute Pumps
• Multi-Stage Volute Pumps

• Volute Pumps Market , By Discharge Direction:

• Horizontal Volute Pumps
• Vertical Volute Pumps

• Volute Pumps Market , By Industry:

• Water & Wastewater Treatment
• Power Generation
• Oil & Gas
• Chemical Processing
• Mining

• Volute Pumps Market , By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE