The global market for API Pumps was estimated to be worth US$ 1871 million in 2024 and is forecast to a readjusted size of US$ 2505 million by 2031 with a CAGR of 4.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on API Pumps cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
API pumps meet Standard 610 for General Refinery Service as set by the American Petroleum Institute (API). This U.S. trade association for the oil and natural gas industries develops standards for petroleum and petrochemical equipment. Unlike the ANSI standards, which are dimensional, API Standard 610 centers around the pump's construction and design, particularly as they pertain to the pump's ability to handle high temperatures, pressures and emissions.
1. Expanding Oil & Gas Industry
One of the primary drivers of the API pumps market is the expansion of the oil and gas sector, particularly in upstream (exploration and drilling) and midstream (transport and storage) activities. As global energy demand rises, especially in developing economies, exploration activities are increasing in both onshore and offshore reserves.
API 610-compliant pumps are essential for transporting crude oil, natural gas, and refined products under high pressure and harsh conditions.
Major oil-producing countries like the U.S., Saudi Arabia, and Brazil continue to invest in refinery upgrades and new pipeline infrastructure.
2. Growth in Petrochemical and Chemical Industries
The petrochemical industry-which heavily depends on high-performance pumps for moving aggressive, corrosive, and hazardous fluids-represents a major application area for API pumps.
Rising demand for plastics, polymers, solvents, and synthetic materials boosts the need for reliable fluid handling systems.
In regions like Asia-Pacific and the Middle East, significant investments are being made into new petrochemical complexes, further stimulating pump demand.
3. Stringent Safety and Reliability Standards
API pumps are specifically designed to adhere to stringent industry safety and performance standards. These standards are especially critical in hazardous environments where reliability is non-negotiable.
Compliance with API 610, API 674, and API 685 standards ensures mechanical integrity, safety, and operational efficiency.
Increased awareness of workplace safety, regulatory oversight, and environmental compliance drive the replacement of non-compliant legacy equipment with modern API-certified alternatives.
4. Modernization of Aging Infrastructure
In many industrialized countries, especially across North America and Europe, aging refinery and chemical processing infrastructure is being modernized.
Refurbishment projects and plant upgrades require replacement of older pumping systems with new, energy-efficient, API-compliant units.
Retrofitting older equipment with more durable API pumps enhances process reliability and reduces downtime.
This report aims to provide a comprehensive presentation of the global market for API Pumps, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of API Pumps by region & country, by Type, and by Application.
The API Pumps market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding API Pumps.
Market Segmentation
By Company
- KSB
- Sulzer
- Ruhrpumpen
- Flowserve
- ITT Goulds Pumps
- PSG Dover
- IDEX
- Grundfos
- HERMETIC Pumpen
- Sundyne
- Truflo Pumps
- Ebara Corporation
- Hayward Gordon
- SPP Pumps
- Carver Pump
- Dalian Deep Blue Pump
- Zhejiang Dayuan Pump
- Source Pumps & Systems
- V-FLO Pumps & System
- Liancheng Group
Segment by Type
- Overhung Pump
- Between Bearing Pump
- Others
Segment by Application
- Oil and Gas
- Chemical
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of API Pumps manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of API Pumps in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of API Pumps in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 API Pumps Product Introduction
- 1.2 Global API Pumps Market Size Forecast
- 1.2.1 Global API Pumps Sales Value (2020-2031)
- 1.2.2 Global API Pumps Sales Volume (2020-2031)
- 1.2.3 Global API Pumps Sales Price (2020-2031)
- 1.3 API Pumps Market Trends & Drivers
- 1.3.1 API Pumps Industry Trends
- 1.3.2 API Pumps Market Drivers & Opportunity
- 1.3.3 API Pumps Market Challenges
- 1.3.4 API Pumps Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global API Pumps Players Revenue Ranking (2024)
- 2.2 Global API Pumps Revenue by Company (2020-2025)
- 2.3 Global API Pumps Players Sales Volume Ranking (2024)
- 2.4 Global API Pumps Sales Volume by Company Players (2020-2025)
- 2.5 Global API Pumps Average Price by Company (2020-2025)
- 2.6 Key Manufacturers API Pumps Manufacturing Base and Headquarters
- 2.7 Key Manufacturers API Pumps Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of API Pumps
- 2.9 API Pumps Market Competitive Analysis
- 2.9.1 API Pumps Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by API Pumps Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in API Pumps as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Overhung Pump
- 3.1.2 Between Bearing Pump
- 3.1.3 Others
- 3.2 Global API Pumps Sales Value by Type
- 3.2.1 Global API Pumps Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global API Pumps Sales Value, by Type (2020-2031)
- 3.2.3 Global API Pumps Sales Value, by Type (%) (2020-2031)
- 3.3 Global API Pumps Sales Volume by Type
- 3.3.1 Global API Pumps Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global API Pumps Sales Volume, by Type (2020-2031)
- 3.3.3 Global API Pumps Sales Volume, by Type (%) (2020-2031)
- 3.4 Global API Pumps Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Oil and Gas
- 4.1.2 Chemical
- 4.1.3 Others
- 4.2 Global API Pumps Sales Value by Application
- 4.2.1 Global API Pumps Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global API Pumps Sales Value, by Application (2020-2031)
- 4.2.3 Global API Pumps Sales Value, by Application (%) (2020-2031)
- 4.3 Global API Pumps Sales Volume by Application
- 4.3.1 Global API Pumps Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global API Pumps Sales Volume, by Application (2020-2031)
- 4.3.3 Global API Pumps Sales Volume, by Application (%) (2020-2031)
- 4.4 Global API Pumps Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global API Pumps Sales Value by Region
- 5.1.1 Global API Pumps Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global API Pumps Sales Value by Region (2020-2025)
- 5.1.3 Global API Pumps Sales Value by Region (2026-2031)
- 5.1.4 Global API Pumps Sales Value by Region (%), (2020-2031)
- 5.2 Global API Pumps Sales Volume by Region
- 5.2.1 Global API Pumps Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global API Pumps Sales Volume by Region (2020-2025)
- 5.2.3 Global API Pumps Sales Volume by Region (2026-2031)
- 5.2.4 Global API Pumps Sales Volume by Region (%), (2020-2031)
- 5.3 Global API Pumps Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America API Pumps Sales Value, 2020-2031
- 5.4.2 North America API Pumps Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe API Pumps Sales Value, 2020-2031
- 5.5.2 Europe API Pumps Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific API Pumps Sales Value, 2020-2031
- 5.6.2 Asia Pacific API Pumps Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America API Pumps Sales Value, 2020-2031
- 5.7.2 South America API Pumps Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa API Pumps Sales Value, 2020-2031
- 5.8.2 Middle East & Africa API Pumps Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions API Pumps Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions API Pumps Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions API Pumps Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions API Pumps Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States API Pumps Sales Value, 2020-2031
- 6.3.2 United States API Pumps Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States API Pumps Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe API Pumps Sales Value, 2020-2031
- 6.4.2 Europe API Pumps Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe API Pumps Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China API Pumps Sales Value, 2020-2031
- 6.5.2 China API Pumps Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China API Pumps Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan API Pumps Sales Value, 2020-2031
- 6.6.2 Japan API Pumps Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan API Pumps Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea API Pumps Sales Value, 2020-2031
- 6.7.2 South Korea API Pumps Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea API Pumps Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia API Pumps Sales Value, 2020-2031
- 6.8.2 Southeast Asia API Pumps Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia API Pumps Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India API Pumps Sales Value, 2020-2031
- 6.9.2 India API Pumps Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India API Pumps Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 KSB
- 7.1.1 KSB Company Information
- 7.1.2 KSB Introduction and Business Overview
- 7.1.3 KSB API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 KSB API Pumps Product Offerings
- 7.1.5 KSB Recent Development
- 7.2 Sulzer
- 7.2.1 Sulzer Company Information
- 7.2.2 Sulzer Introduction and Business Overview
- 7.2.3 Sulzer API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Sulzer API Pumps Product Offerings
- 7.2.5 Sulzer Recent Development
- 7.3 Ruhrpumpen
- 7.3.1 Ruhrpumpen Company Information
- 7.3.2 Ruhrpumpen Introduction and Business Overview
- 7.3.3 Ruhrpumpen API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Ruhrpumpen API Pumps Product Offerings
- 7.3.5 Ruhrpumpen Recent Development
- 7.4 Flowserve
- 7.4.1 Flowserve Company Information
- 7.4.2 Flowserve Introduction and Business Overview
- 7.4.3 Flowserve API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Flowserve API Pumps Product Offerings
- 7.4.5 Flowserve Recent Development
- 7.5 ITT Goulds Pumps
- 7.5.1 ITT Goulds Pumps Company Information
- 7.5.2 ITT Goulds Pumps Introduction and Business Overview
- 7.5.3 ITT Goulds Pumps API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 ITT Goulds Pumps API Pumps Product Offerings
- 7.5.5 ITT Goulds Pumps Recent Development
- 7.6 PSG Dover
- 7.6.1 PSG Dover Company Information
- 7.6.2 PSG Dover Introduction and Business Overview
- 7.6.3 PSG Dover API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 PSG Dover API Pumps Product Offerings
- 7.6.5 PSG Dover Recent Development
- 7.7 IDEX
- 7.7.1 IDEX Company Information
- 7.7.2 IDEX Introduction and Business Overview
- 7.7.3 IDEX API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 IDEX API Pumps Product Offerings
- 7.7.5 IDEX Recent Development
- 7.8 Grundfos
- 7.8.1 Grundfos Company Information
- 7.8.2 Grundfos Introduction and Business Overview
- 7.8.3 Grundfos API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Grundfos API Pumps Product Offerings
- 7.8.5 Grundfos Recent Development
- 7.9 HERMETIC Pumpen
- 7.9.1 HERMETIC Pumpen Company Information
- 7.9.2 HERMETIC Pumpen Introduction and Business Overview
- 7.9.3 HERMETIC Pumpen API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 HERMETIC Pumpen API Pumps Product Offerings
- 7.9.5 HERMETIC Pumpen Recent Development
- 7.10 Sundyne
- 7.10.1 Sundyne Company Information
- 7.10.2 Sundyne Introduction and Business Overview
- 7.10.3 Sundyne API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Sundyne API Pumps Product Offerings
- 7.10.5 Sundyne Recent Development
- 7.11 Truflo Pumps
- 7.11.1 Truflo Pumps Company Information
- 7.11.2 Truflo Pumps Introduction and Business Overview
- 7.11.3 Truflo Pumps API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Truflo Pumps API Pumps Product Offerings
- 7.11.5 Truflo Pumps Recent Development
- 7.12 Ebara Corporation
- 7.12.1 Ebara Corporation Company Information
- 7.12.2 Ebara Corporation Introduction and Business Overview
- 7.12.3 Ebara Corporation API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Ebara Corporation API Pumps Product Offerings
- 7.12.5 Ebara Corporation Recent Development
- 7.13 Hayward Gordon
- 7.13.1 Hayward Gordon Company Information
- 7.13.2 Hayward Gordon Introduction and Business Overview
- 7.13.3 Hayward Gordon API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Hayward Gordon API Pumps Product Offerings
- 7.13.5 Hayward Gordon Recent Development
- 7.14 SPP Pumps
- 7.14.1 SPP Pumps Company Information
- 7.14.2 SPP Pumps Introduction and Business Overview
- 7.14.3 SPP Pumps API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 SPP Pumps API Pumps Product Offerings
- 7.14.5 SPP Pumps Recent Development
- 7.15 Carver Pump
- 7.15.1 Carver Pump Company Information
- 7.15.2 Carver Pump Introduction and Business Overview
- 7.15.3 Carver Pump API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 Carver Pump API Pumps Product Offerings
- 7.15.5 Carver Pump Recent Development
- 7.16 Dalian Deep Blue Pump
- 7.16.1 Dalian Deep Blue Pump Company Information
- 7.16.2 Dalian Deep Blue Pump Introduction and Business Overview
- 7.16.3 Dalian Deep Blue Pump API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 Dalian Deep Blue Pump API Pumps Product Offerings
- 7.16.5 Dalian Deep Blue Pump Recent Development
- 7.17 Zhejiang Dayuan Pump
- 7.17.1 Zhejiang Dayuan Pump Company Information
- 7.17.2 Zhejiang Dayuan Pump Introduction and Business Overview
- 7.17.3 Zhejiang Dayuan Pump API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.17.4 Zhejiang Dayuan Pump API Pumps Product Offerings
- 7.17.5 Zhejiang Dayuan Pump Recent Development
- 7.18 Source Pumps & Systems
- 7.18.1 Source Pumps & Systems Company Information
- 7.18.2 Source Pumps & Systems Introduction and Business Overview
- 7.18.3 Source Pumps & Systems API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.18.4 Source Pumps & Systems API Pumps Product Offerings
- 7.18.5 Source Pumps & Systems Recent Development
- 7.19 V-FLO Pumps & System
- 7.19.1 V-FLO Pumps & System Company Information
- 7.19.2 V-FLO Pumps & System Introduction and Business Overview
- 7.19.3 V-FLO Pumps & System API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.19.4 V-FLO Pumps & System API Pumps Product Offerings
- 7.19.5 V-FLO Pumps & System Recent Development
- 7.20 Liancheng Group
- 7.20.1 Liancheng Group Company Information
- 7.20.2 Liancheng Group Introduction and Business Overview
- 7.20.3 Liancheng Group API Pumps Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.20.4 Liancheng Group API Pumps Product Offerings
- 7.20.5 Liancheng Group Recent Development
8 Industry Chain Analysis
- 8.1 API Pumps Industrial Chain
- 8.2 API Pumps Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 API Pumps Sales Model
- 8.5.2 Sales Channel
- 8.5.3 API Pumps Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer