Slurry Pump Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Vertical and Horizontal), By End User (Chemical Industry, Mining & Mineral Industry, Paper & Pulp Industry, Metallurgical Industry, Others), By Region, By Competition 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 2.77 Billion
CAGR (2026-2031)	5.27%
Fastest Growing Segment	Mining & Mineral Industry
Largest Market	North America
Market Size (2031)	USD 3.77 Billion

Market Overview

The Global Slurry Pump Market will grow from USD 2.77 Billion in 2025 to USD 3.77 Billion by 2031 at a 5.27% CAGR. The Global Slurry Pump Market comprises heavy-duty centrifugal or positive displacement pumps engineered to transport abrasive and high-density fluids containing solid particles, primarily within the mining, mineral processing, and power generation industries. The market’s growth is fundamentally driven by the escalating global demand for base metals and minerals, which necessitates efficient hydraulic transport systems for ore concentration and tailings disposal. Additionally, rapid urbanization and infrastructure development in emerging economies are bolstering the requirement for raw construction materials, further stimulating upstream mining activities. According to the World Steel Association, in 2024, total world crude steel production reached 1,882.6 million tonnes, reflecting the substantial mineral processing volume that sustains the demand for these pumping systems.

One significant challenge impeding market expansion is the high operational expenditure associated with the rapid wear of pump components. The abrasive nature of slurry causes frequent degradation of wet-end parts such as impellers and liners, leading to costly downtime and increased total cost of ownership for operators.

Key Market Drivers

The Expansion of Global Mining and Mineral Processing Operations acts as the primary catalyst for the market, propelled by the energy transition's demand for critical minerals like copper, lithium, and nickel. As ore grades decline, the volume of material processed increases, necessitating robust hydraulic transport systems to handle higher tonnages of abrasive tailings and mineral concentrates. This structural shift is fueling capital allocation toward extraction technologies; according to the International Energy Agency (IEA), May 2024, in the 'Global Critical Minerals Outlook 2024', investment in critical mineral mining grew by 10% in 2023. This investment surge translates directly into revenue for equipment manufacturers; according to Metso, February 2024, in the 'Financial Statements Review 2023', the company's annual sales increased by 8% to EUR 5,390 million, supported by growth in its minerals segment which relies heavily on slurry handling technologies.

Rising Investments in Infrastructure Development and Urbanization serve as the second major driver, particularly in emerging economies where rapid industrialization demands massive quantities of construction aggregates. Slurry pumps are essential in these projects for dredging operations, sand washing, and the transport of gravel and cementitious materials required for roads, ports, and housing. Governments are aggressively funding these initiatives to sustain economic momentum. A prime example is evident in India, where, according to the Press Information Bureau (Government of India), February 2024, the Interim Union Budget 2024-25 increased the capital expenditure outlay for infrastructure development by 11.1% to INR 11,11,111 crore. Such large-scale fiscal commitments ensure a sustained demand for heavy-duty pumping solutions in land reclamation and construction material processing applications.

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Key Market Challenges

The high operational expenditure arising from the rapid deterioration of pump components constitutes a primary obstacle to the expansion of the Global Slurry Pump Market. As these pumps transport highly abrasive mixtures containing solid particles, critical wet-end parts such as impellers and liners suffer from continuous erosion. This inevitable degradation necessitates frequent component replacements and extensive maintenance intervals, which significantly elevates the total cost of ownership for end-users. Consequently, mining and processing facilities frequently face unplanned downtime that disrupts production schedules and erodes profit margins, making them hesitant to invest in new pumping infrastructure without guaranteed longevity.

This financial burden is exacerbated by broader inflationary pressures affecting the mining sector, which limits the capital available for equipment procurement. The rising cost of maintaining existing machinery forces companies to divert funds away from acquiring new pumping systems. According to the Minerals Council, in 2024, the index of mining input costs increased by 7.3% year-on-year, reflecting the tightening economic environment for operators. This upward trend in input costs compels industrial buyers to extend the lifecycle of legacy equipment rather than upgrading to newer models, thereby directly slowing the revenue growth and volume expansion of the slurry pump market.

Key Market Trends

The Development of Eco-Friendly and Water-Conserving Pump Technologies is emerging as a critical trend as mining operators face intensifying environmental regulations and water scarcity issues. Manufacturers are increasingly engineering hydraulic systems designed to minimize water consumption and energy usage, particularly for high-concentration tailings management and paste backfill applications. This shift towards sustainable operations is driving significant revenue growth for companies offering green technology portfolios. According to Metso Corporation, February 2024, in the 'Financial Statements Review 2023', sales of its 'Planet Positive' products, which encompass energy-efficient and water-saving technologies, grew by 18% year-on-year to EUR 1,447 million. This substantial adoption rate highlights the market's strategic pivot toward pumping solutions that align production efficiency with decarbonization and resource stewardship mandates.

Simultaneously, the Integration of AI-Driven Predictive Maintenance Models is fundamentally transforming asset management strategies to mitigate the high costs of unplanned downtime. Operators are moving beyond reactive repairs by adopting Industrial Internet of Things (IIoT) ecosystems that utilize sensors to monitor vibration, temperature, and wear in real-time. These systems allow for precise maintenance scheduling, thereby extending the lifecycle of critical wet-end components. The industry's growing reliance on these intelligence-led support structures is evident in the performance of major equipment providers; according to KSB, March 2024, in the 'Annual Report 2023', the company's SupremeServ segment, which houses its digital service and spare parts solutions, increased its sales revenue by 11.0% to EUR 944 million. This growth indicates a structural transition where market value is increasingly derived from advanced service models that guarantee equipment availability.

Segmental Insights

The Mining & Mineral Industry represents the fastest-growing segment within the Global Slurry Pump Market, propelled by the surging global demand for essential commodities like copper and lithium required for electrification. As accessible high-grade reserves diminish, operators are compelled to process significantly larger volumes of lower-grade ore, thereby intensifying the need for heavy-duty pumps to handle abrasive slurries and tailings. Additionally, stringent oversight from environmental regulatory bodies concerning waste containment and water recycling is driving widespread investment in durable, high-efficiency pumping solutions to maintain compliance and optimize extraction processes.

Regional Insights

North America holds a leading position in the Global Slurry Pump Market, primarily driven by robust investments in the mining and energy sectors. The region generates substantial demand for heavy-duty pumping solutions to support hydraulic fracturing projects and Canadian oil sands excavation. Furthermore, strict environmental mandates enforced by the U.S. Environmental Protection Agency (EPA) compel industrial facilities to adopt high-efficiency systems for compliant tailings and wastewater management. This rigorous regulatory framework, coupled with the continuous modernization of aging industrial infrastructure, secures North America’s dominance in the global market landscape.

Recent Developments

• In September 2025, Weir Minerals launched the WARMAN SHW-XTR heavy-duty submersible slurry pump, engineered to deliver reliable performance in the harshest mining environments. The new product features a robust design with a larger shaft and heavy-duty bearings to prevent failure from shaft deflection, alongside a custom double mechanical seal to protect the motor from fluid ingress. This launch addressed the industry's need for a standardized, easy-to-maintain submersible solution capable of handling abrasive slurries. The pump also incorporates a glycol-based cooling system and biodegradable oil, aligning with the company’s commitment to reducing environmental impact while ensuring operational resilience.
• In September 2024, KSB GIW unveiled its new GIW SLYsight slurry pump wear monitoring technology at MINExpo International. This breakthrough innovation was designed to provide real-time data on the wear rate of critical pump components, specifically measuring the nose gap between the suction liner and the impeller. By utilizing custom sensors and advanced analytics, the system eliminates the need for manual inspections and allows operators to optimize maintenance schedules. The technology enables precise, data-driven adjustments that extend the wear life of the pump and improve overall operational efficiency in heavy-duty mining applications.
• In September 2024, FLSmidth signed an agreement to acquire TIPCO Tudeshki Industrial Process Control GmbH, a Germany-based developer of advanced sensor technology. This strategic acquisition was intended to strengthen the company’s digital offerings within its pumps, cyclones, and valves (PCV) business line. The collaboration focuses on integrating TIPCO’s acoustic sensor capabilities, which measure particle size distribution in mass flows, into FLSmidth’s hydrocyclones and slurry pump systems. This integration aims to optimize the grinding circuit, thereby maximizing productivity and operational efficiency for mining customers through enhanced process control and digitalization.
• In March 2024, Metso announced a significant expansion of its slurry pump operations in South America to meet growing market demand. The company established new pump assembly and competence hubs in Peru and Brazil, aiming to provide mining customers with shorter lead times and a broader range of slurry handling solutions. This strategic investment was designed to strengthen the regional supply chain and reduce transport-related carbon emissions by localizing manufacturing. The expansion also focused on enhancing application and engineering resources to support the company's comprehensive aftermarket and life cycle service agreements in the region.

Key Market Players

• Grundfos Groups
• Xylem Inc.
• Weir Group Plc
• Flowserve Corporation
• Metso Oyj
• Tsurumi Manufacturing Co.,Ltd
• Schurco Group Inc.
• ITT Inc.
• Ebara Corporation Shijiazhuang Industrial Pump Co., Ltd

By Type	By End User	By Region
Vertical and Horizontal	Chemical Industry Mining & Mineral Industry Paper & Pulp Industry Metallurgical Industry Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

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

• Slurry Pump Market, By Type:

• Vertical and Horizontal

• Slurry Pump Market, By End User:

• Chemical Industry
• Mining & Mineral Industry
• Paper & Pulp Industry
• Metallurgical Industry
• Others

• Slurry Pump 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