Industrial API 610 Centrifugal Pumps Market Size, Share, Growth and Industry Analysis, By Types (Vertical, Horizontal), By Applications (Oil and Gas, Chemical, Others), Regional Insights and Forecast to 2034

Industrial API 610 Centrifugal Pumps Market Size

As per Global Growth Insights, the Global Industrial API 610 Centrifugal Pumps Market was valued at USD 1.22 billion in 2024, projected to reach USD 1.26 billion in 2025, and further rise to USD 1.31 billion in 2026, ultimately reaching USD 1.75 billion by 2034. This consistent expansion reflects a compound annual growth rate (CAGR) of 3.7% from 2025 to 2034. The market’s growth is primarily fueled by increasing adoption across vital industries such as oil and gas, chemicals, petrochemicals, and power generation, where reliability and efficiency are paramount. Vertical pump configurations are gaining traction in compact and space-limited facilities, now accounting for about 30% of total demand, while horizontal pumps continue to dominate the market with a 70% share due to their proven performance, easier maintenance, and operational stability in large-scale industrial settings.

The US Industrial API 610 Centrifugal Pumps Market is experiencing stable growth, supported by upgrades in refinery and petrochemical facilities. Over 58% of refineries are shifting to API-compliant pumps, while nearly 28% of new installations feature smart-enabled components. Around 25% of replacements are driven by regulatory pressure for low-emission equipment. The U.S. contributes significantly to North America’s 18% global share, showing ongoing investments in pump retrofits and high-performance applications.

Key Findings

• Market Size: Valued at USD 1.22Bn in 2024, projected to touch USD 1.26Bn in 2025 to USD 1.75Bn by 2034 at a CAGR of 3.7%.
• Growth Drivers:Over 52% demand from oil & gas, 33% pump upgrades, 28% integration of smart-enabled systems across industrial facilities.
• Trends:42% growth in Asia-Pacific, 30% rise in vertical pump demand, 36% focus on energy-efficient pump models with digital controls.
• Key Players: Flowserve, Sulzer, KSB, Sundyne, ITT Goulds Pumps & more.
• Regional Insights: Asia-Pacific holds 42% market share driven by industrialization, Europe 22% led by chemical sector, North America 18% via refinery upgrades, Middle East & Africa 18% through oil and water infrastructure expansion.
• Challenges:45% raw material cost rise, 33% shipping delays, 28% project postponements due to component shortages.
• Industry Impact:Up to 22% less downtime, 20% cost reduction, 35% emission control success in new-generation API pump projects.
• Recent Developments:31% energy efficiency boost, 22% IoT adoption, 40% emission drop in newly launched low-leakage pump models.

The Industrial API 610 Centrifugal Pumps Market is uniquely shaped by high specification demands across oil & gas, chemical, and power sectors. With about 52% of total adoption from energy-related industries, the market leans heavily on compliance, efficiency, and durability. Over 36% of new installations now integrate smart diagnostics and IoT capabilities. Additionally, 30% of the current demand is for vertical designs, particularly in compact industrial environments. This shift signals growing innovation and customization as core differentiators for manufacturers targeting mission-critical infrastructure.

Industrial API 610 Centrifugal Pumps Market Trends

The industrial API 610 centrifugal pumps segment is witnessing noteworthy shifts in technology adoption and regional deployment. Energy-efficient models now account for roughly 35% of new installations in downstream oil and gas facilities, reflecting a strong drive toward sustainability. Meanwhile, smart-enabled pumps featuring IoT sensors and real-time monitoring systems represent approximately 28% of the market share, as industries prioritize predictive maintenance and uptime optimization.

Asia-Pacific continues to lead regional expansion, capturing around 42% of new units sold, driven by rapid industrialization in China, India and Southeast Asia. Europe follows with about 22% of the market, largely due to stringent regulation on underperforming machinery. In North America, nearly 18% of facilities are retrofitting older pumps with API 610-compliant units to improve reliability under harsh operating conditions.

Furthermore, vertical axis pump configurations have surged to claim about 30% of type-based installations, especially in offshore and compact spaces, whereas the horizontal style remains dominant at around 70% due to easier maintenance in refineries and chemical plants. Overall, the market’s evolving mix underscores a clear transition: eco-efficient, smart, and space-optimized pump solutions are gaining momentum, reshaping standards across oil & gas, chemical, power generation and water treatment industries.

Industrial API 610 Centrifugal Pumps Market Dynamics

DRIVERS

Rising demand for smart-enabled reliability

Adoption of pumps equipped with IoT sensors, remote monitoring and predictive analytics has grown significantly, now representing about 28% of market uptake. Operators report a 15–20% reduction in unplanned downtime thanks to early fault detection, encouraging wider implementation across processing plants and refineries.

OPPORTUNITY

Expansion in emerging industrial hubs

Emerging industrial centers in Asia-Pacific are capturing roughly 42% of global pump installations, fueled by large-scale capacity builds in petrochemical and power sectors. This growth is an ideal opportunity for manufacturers to tailor API 610 pump lines – such as vertical designs for constrained plant layouts – to meet regional needs and capture share in high-growth markets.

RESTRAINTS

"Complex compliance and certification barriers"

Approximately 38% of pump manufacturers report delays in project timelines due to the rigorous documentation and certification processes required for API 610 compliance. Additionally, nearly 25% of suppliers have cited difficulty in meeting the material traceability and testing requirements imposed by global standards, especially in highly regulated sectors like petrochemical and nuclear energy. These certification hurdles are particularly pronounced for small and mid-size players, limiting their entry into premium industrial contracts. Furthermore, close to 30% of procurement managers have observed longer procurement cycles due to multi-layered quality audits and third-party inspection mandates, thereby slowing the overall adoption of API 610 centrifugal pumps across multiple regions.

CHALLENGE

"Rising costs and supply chain disruptions"

Roughly 45% of pump producers report that raw material costs for components like stainless steel, duplex alloys, and high-nickel alloys have surged in recent cycles, significantly impacting production margins. About 33% of OEMs face logistics delays tied to global shipping bottlenecks and component shortages—particularly for precision-cast impellers and electronic monitoring modules. Additionally, 20% of companies are experiencing order deferrals due to delayed valve and seal kits required for final assembly, leading to slower delivery lead times. These disruptions are pushing nearly 28% of end-users to reconsider CAPEX timing or shift to locally sourced non-API alternatives, hampering wider market penetration.

Segmentation Analysis

The industrial API 610 centrifugal pumps market is segmented based on type and application, with each segment contributing significantly to the global demand landscape. Type-based segmentation includes vertical and horizontal pumps, which differ in structure, space requirements, and application versatility. Horizontal pumps currently dominate, though vertical pumps are gaining popularity in space-constrained and offshore applications. On the application front, the oil and gas sector remains the largest consumer due to high reliability requirements in upstream and downstream operations. Chemical processing plants and other industries like power generation and water treatment also represent substantial shares, driven by the need for corrosion resistance, flow control, and maintenance-free operation in aggressive environments. Segmentation analysis reveals a shift toward high-efficiency models with integrated monitoring, especially in applications involving hazardous fluids and fluctuating loads. Manufacturers focusing on customization by segment are better positioned to capture demand and ensure regulatory compliance in critical infrastructure projects.

By Type

• Horizontal: Accounting for nearly 70% of total installations, horizontal pumps are favored for their easier maintenance access and stable mounting. These pumps are extensively used in refinery and petrochemical applications, where floor space allows for longer coupled units and high flow rates. Around 60% of oil and gas facilities report using horizontal types due to cost-effective installation and higher flexibility in multi-stage configurations.
• Vertical: Vertical pumps now make up about 30% of the market, driven by their compact footprint and suitability for offshore platforms, cooling towers, and underground reservoirs. Approximately 40% of power plants with limited floor space prefer vertical configurations to reduce vibration and footprint. Demand for these pumps is rising in Asia-Pacific and the Middle East, particularly in modular plant layouts and water-intensive operations.

By Application

• Oil and Gas: Representing around 52% of total demand, the oil and gas industry is the largest consumer of API 610 centrifugal pumps. These pumps are extensively used in exploration, refining, and LNG facilities where high reliability under extreme pressure and temperature is essential. Nearly 75% of offshore installations employ API-compliant pumps to meet safety and uptime requirements.
• Chemical: The chemical sector accounts for approximately 26% of the market. API 610 pumps are widely used in handling corrosive, toxic, or flammable fluids. About 48% of midstream and specialty chemical manufacturers use API-compliant pumps to ensure leak-proof operation and compliance with stringent environmental standards.
• Others: This category, which includes power generation, water treatment, and mining, contributes nearly 22% of the market. Power plants account for a large share here, especially nuclear and thermal units where durability is critical. Around 33% of thermal plants have transitioned to API 610 pumps for critical auxiliary systems like feedwater and condensate extraction.

Industrial API 610 Centrifugal Pumps Market Regional Outlook

The global industrial API 610 centrifugal pumps market is regionally segmented into North America, Europe, Asia-Pacific, and the Middle East & Africa. Each region displays unique demand drivers and adoption trends shaped by infrastructure maturity, industrial focus, and regulatory requirements. Asia-Pacific leads in total market share at 42%, fueled by rapid industrialization and new infrastructure. North America holds about 18%, driven by refinery upgrades and high environmental compliance. Europe maintains a 22% share, with a focus on retrofitting and energy efficiency. The Middle East & Africa region comprises the remaining 18%, supported by large oil and gas investments and desalination projects. Region-wise developments also highlight a rising preference for localized production and smart-enabled pumps to reduce import dependencies and improve system uptime in mission-critical applications.

North America

North America represents approximately 18% of the global industrial API 610 centrifugal pumps market. The United States accounts for the majority of demand due to its large base of refining and petrochemical facilities. Over 58% of refineries in the region are upgrading to API 610-compliant pumps to enhance energy efficiency and meet emission norms. There’s also increasing investment in LNG terminals and renewable energy integration, where about 30% of operators now prefer smart pump systems with integrated condition monitoring. The region's regulatory environment drives around 25% of all pump replacements to meet environmental compliance.

Europe

Europe holds nearly 22% of the global market share, with strong activity in Germany, France, and the Netherlands. About 35% of the region's pump demand comes from the chemical and pharmaceutical sectors, where precision, durability, and safety are paramount. Approximately 40% of new installations now use high-efficiency pump variants to reduce operational costs and meet EU energy directives. Replacement rates are also high, with 27% of existing infrastructure being upgraded with API 610 models for improved lifecycle value. Northern Europe leads in implementing digital control systems, embedded in nearly 22% of new pumps.

Asia-Pacific

Asia-Pacific dominates the industrial API 610 centrifugal pumps market with around 42% share. China, India, South Korea, and Southeast Asia are the key contributors, driven by aggressive infrastructure development. About 55% of greenfield projects in refining, chemical, and power sectors specify API 610 compliance during design phase. The demand for vertical pump configurations is growing, representing about 38% of installations due to space constraints in modular plant environments. Additionally, nearly 48% of buyers in the region prioritize pumps with low maintenance cycles, especially in energy-intensive sectors. Rising industrial automation also fuels demand for smart-enabled pumping systems.

Middle East & Africa

The Middle East & Africa region comprises roughly 18% of global market share. The oil-rich nations, particularly Saudi Arabia and the UAE, drive close to 65% of the regional demand. Around 50% of new oil and gas projects incorporate API 610-compliant pumps for upstream and midstream transport applications. Desalination and water treatment sectors in countries like Qatar and South Africa contribute nearly 28% of regional pump sales. In addition, 32% of industrial plants across the region are transitioning to more energy-efficient pump models to reduce long-term operational costs and improve reliability under extreme environmental conditions.

List of Key Industrial API 610 Centrifugal Pumps Market Companies Profiled

Investment Analysis and Opportunities

The industrial API 610 centrifugal pumps market is attracting growing investments across smart technologies, energy-efficient equipment, and capacity expansions. Around 36% of pump manufacturers are channeling investments into developing smart-enabled products with integrated diagnostics and IoT capabilities. Roughly 29% of end-users are increasing capital allocation toward API 610-compliant systems in greenfield and brownfield projects. In the Asia-Pacific region, over 40% of energy infrastructure projects now include long-term supply agreements with OEMs for API 610 pumps. Additionally, nearly 32% of EPC firms are forming partnerships with pump suppliers to ensure equipment availability and technical conformity during project execution. In Europe and North America, about 27% of ongoing retrofitting programs are transitioning from legacy pumping systems to energy-efficient API models to meet emission targets and reliability standards. The Middle East & Africa region has seen nearly 22% growth in investment toward API-compliant equipment, particularly for oilfield development and desalination projects. These trends indicate strong future potential in digitalization, region-specific customization, and low-emission pump systems.

New Products Development

Innovation in industrial API 610 centrifugal pumps is accelerating as companies focus on improving efficiency, lifecycle value, and smart integration. Approximately 33% of OEMs are actively launching next-gen pumps with predictive diagnostics, enabling users to reduce maintenance downtime by up to 20%. Nearly 28% of new products introduced in the last 12 months feature magnetic drives and dual-seal designs for zero leakage in hazardous environments. Horizontal pumps with enhanced hydraulic designs have improved energy efficiency by 12–15%, as reported by 30% of test installations. Vertical pump variants are being optimized with composite materials, cutting corrosion by 18% in chemical applications. Around 25% of new models include digital control interfaces compatible with plant-wide SCADA and DCS systems. Additionally, companies like Sundyne and Flowserve have unveiled API 610 pumps with modular assembly, enabling 22% faster installation in compact industrial spaces. These developments signal a shift toward digital, modular, and maintenance-friendly solutions tailored for harsh, high-demand process environments.

Recent Developments

• Flowserve launches energy-optimized pump series: In 2023, Flowserve introduced a new series of horizontal API 610 centrifugal pumps designed to improve hydraulic efficiency by up to 14%. The new design reduces overall energy consumption and offers longer bearing life, with nearly 31% lower vibration levels during operation. These pumps have been widely adopted in refinery upgrades, particularly across North America and Western Europe.
• Sulzer unveils composite vertical pump solution: In early 2024, Sulzer launched a corrosion-resistant vertical API 610 model featuring composite internals. This design reduces corrosion-related maintenance by 18% in high-acid and chemical processing environments. The new pump variant is now used in approximately 25% of newly commissioned chemical facilities in Asia-Pacific, reflecting strong regional adoption.
• Sundyne expands smart pump integration: Sundyne announced a 2023 integration of IoT-enabled control modules in their API 610 centrifugal pump systems. These units provide real-time temperature, flow, and pressure monitoring, reducing unplanned shutdowns by 22%. Nearly 28% of new pump deployments in oil & gas terminals now include this integrated solution.
• KSB invests in modular pump technology: In 2024, KSB developed modular build API 610 pump sets tailored for fast-track projects. These systems reduce lead times by 26% and installation times by nearly 30%, particularly benefiting EPC contractors. The modular units are now used in about 32% of Middle East-based midstream projects.
• ITT Goulds introduces low-emission pump line: ITT Goulds Pumps launched a low-emission horizontal API 610 pump range in 2023, featuring enhanced sealing systems that cut fugitive emissions by 40%. This development directly supports environmental compliance goals and has already been implemented in 35% of greenfield chemical plant installations in Europe.

Report Coverage

The industrial API 610 centrifugal pumps market report offers a comprehensive analysis of global market dynamics, segment performance, technological advancements, and competitive positioning. Covering key parameters such as product type, application, regional presence, and emerging trends, the report provides a detailed snapshot of market behavior. Around 70% of the market has been captured through primary research focused on operational efficiency, application-specific demand, and investment flows. Segment-wise, horizontal pumps account for nearly 70% of global demand, while vertical pumps represent 30%. Application-wise, oil and gas dominate with 52% market share, followed by chemical at 26%, and other industries at 22%. The regional outlook captures Asia-Pacific with 42% share, Europe with 22%, North America at 18%, and Middle East & Africa comprising 18%. Additionally, about 40% of manufacturers are actively investing in R&D to develop smart and energy-efficient pump models. Over 33% of recent product launches focus on reducing maintenance costs and emissions. The report encapsulates these metrics to provide strategic insights, operational benchmarks, and future growth potential across various regions and applications.