Centrifugal Pump Market Outlook:
Centrifugal Pump Market size was estimated at USD 39.79 billion in 2025 and is expected to surpass USD 65.38 billion by the end of 2035, rising at a CAGR of 5.3% during the forecast period, i.e., 2026-2035. In 2026, the industry size of centrifugal pump is evaluated at USD 41.79 billion.
Rising investments in industrial water infrastructure are primarily driving growth in the centrifugal pump. The U.S. Environmental Protection Agency (EPA) increased funding for efficiency improvements in urban and industrial systems, including pumps, in 2024. According to the WHO, over 2.1 billion people worldwide still lack access to clean water, while 106 million worldwide are forced to rely on untreated surface sources. Hence, driving infrastructure expenditures. As a result, demand continues to increase in tandem with growth in the oil and gas, as well as the power sector.
According to FRED, fluid power pump items hit 249.352 in August 2025. Producers need stainless steel, cast iron, and alloys on the supply side. The centrifugal pump market grows due to rising industrialization, driving demand for efficient fluid handling and expanding water and wastewater treatment projects worldwide, fueled by stricter environmental regulations and increasing investments in municipal infrastructure upgrades. Supported by low-interest government subsidies and local assembly plans, production has grown throughout India, China, and Eastern Europe to meet demand.
