India Pumps Market Size & Outlook, 2026-2033
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India pumps market highlights
- The India pumps market generated a revenue of USD 4,720.8 million in 2025 and is expected to reach USD 7,737.1 million by 2033.
- The India market is expected to grow at a CAGR of 6.3% from 2026 to 2033.
- In terms of segment, centrifugal was the largest revenue generating type in 2025.
- Positive Displacement is the most lucrative type segment registering the fastest growth during the forecast period.
Pumps market data book summary
| Market revenue in 2025 | USD 4,720.8 million |
| Market revenue in 2033 | USD 7,737.1 million |
| Growth rate | 6.3% (CAGR from 2026 to 2033) |
| Largest segment | Centrifugal |
| Fastest growing segment | Positive Displacement |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Centrifugal, Positive Displacement |
| Key market players worldwide | SLB, Ingersoll Rand Inc, The Weir Group, Vaughan Chopper Pumps, KSB SE & Co KGaA, Pentair PLC, Grundfos, Xylem Inc, Flowserve Corp, ITT Inc, Ebara Corp, Iwaki America, Sulzer AG, SPX FLOW |
Other key industry trends
- In terms of revenue, India accounted for 7.6% of the global pumps market in 2025.
- Country-wise, China is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China pumps market is projected to lead the regional market in terms of revenue in 2033.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,737.1 million by 2033.
Centrifugal was the largest segment with a revenue share of 77.77% in 2025. Horizon Databook has segmented the India pumps market based on centrifugal, positive displacement covering the revenue growth of each sub-segment from 2021 to 2033.
According to the Department of Chemicals and Petrochemicals, India, the demand for plastics in the country witnessed growth and is expected to reach 35 million tons by 2027. India is home to around 50,000 plastic processing units in organized and unorganized sectors with an estimated processing capacity of approximately 45.1 million tons per annum.
This processing capacity is expected to reach 62.4 million tons by 2027. In accordance with the aforementioned statistics, the petrochemical industry in India is anticipated to witness significant growth, thereby increasing the number of manufacturing facilities. This is expected to increase the demand for pumps in the petrochemical industry in the country over the forecast period.
Furthermore, the growth of the chemical and petrochemical sectors is expected to be driven by the upcoming Petroleum, Chemicals, and Petrochemicals Investment Regions (PCPIRs) projects. PCPIR is a development model for setting up chemical, petrochemical, and petroleum manufacturing facilities, thereby driving investments in the aforementioned sectors.
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Pumps Market Scope
Pumps Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Iwaki America | View profile | 501-1000 | Holliston, Massachusetts, United States, North America | https://iwakiamerica.com/ |
| Vaughan Chopper Pumps | View profile | 101-250 | Montesano, Washington, United States, North America | http://www.chopperpumps.com |
| The Weir Group | View profile | 10001+ | Glasgow, Glasgow City, United Kingdom, Europe | https://www.global.weir/ |
| SLB | View profile | 11-50 | Brno, Jihomoravsky kraj, Czech Republic, Europe | https://www.slb.cz |
| SPX FLOW | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | https://www.spxflow.com/ |
| Grundfos | View profile | 10001+ | Bjerringbro, Midtjylland, Denmark, Europe | http://www.grundfos.com/ |
| Ingersoll Rand Inc | View profile | 18000 | 525 Harbour Place Drive, Suite 600, Davidson, NC, United States, 28036 | https://www.irco.com |
| KSB SE & Co KGaA | View profile | 16038 | Johann-Klein-Strasse 9, Frankenthal, RP, Germany, 67227 | https://www.ksb.com |
| Ebara Corp | View profile | 19629 | 11-1, Haneda Asahi-cho, Ohta-ku, Tokyo, Japan, 144-8510 | http://www.ebara.co.jp |
| ITT Inc | View profile | 10600 | 100 Washington Boulevard, 6th Floor, Stamford, CT, United States, 06902 | https://www.itt.com |
| Pentair PLC | View profile | 10500 | 70 London Road, Regal House, Twickenham, London, United Kingdom, TW13QS | https://www.pentair.com |
| Flowserve Corp | View profile | 16000 | 5215 North O’Connor Boulevard, Suite 700, Irving, TX, United States, 75039 | https://www.flowserve.com |
| Sulzer AG | View profile | 13300 | Neuwiesenstrasse 15, Winterthur, Switzerland, 8401 | https://www.sulzer.com |
| Xylem Inc | View profile | 23000 | 300 Water Street SE, Washington, DC, United States, 20003 | https://www.xylem.com |
India pumps market size, by type, 2021-2033 (US$M)
India Pumps Market Outlook Share, 2025 & 2033 (US$M)
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