Latin America Pumps Market Size & Outlook, 2026-2033
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Latin America pumps market highlights
- The Latin America pumps market generated a revenue of USD 4,456.2 million in 2025.
- The market is expected to grow at a CAGR of 4.7% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
| Market revenue in 2025 | USD 4,456.2 million |
| Market revenue in 2033 | USD 6,327.6 million |
| Growth rate | 4.7% (CAGR from 2026 to 2033) |
| Largest segment | Centrifugal |
| Fastest growing segment | Positive Displacement |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 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, Latin America region accounted for 7.2% of the global pumps market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 43,188.3 million by 2033.
Centrifugal was the largest segment with a revenue share of 68.31% in 2025. Horizon Databook has segmented the Latin America pumps market based on centrifugal, positive displacement covering the revenue growth of each sub-segment from 2021 to 2033.
Latin America is characterized by various developing countries such as Brazil, Chile, Argentina, Ecuador, and Colombia. The surge in construction investment across various Latin American countries is poised to drive the pumps market in the region over the forecast period.
For example, in 2022, Peru's Ministry of Housing, Construction, and Sanitation detailed a plan to build around 32,000 bioclimatic homes from 2022 to 2024. Similar government-led projects across the region underscore a rising demand for pumps that are essential for a wide range of construction activities. These initiatives reflect a broader trend toward infrastructure development in Latin America, promising significant momentum for the pumps market.
Moreover, the region has an abundance of water resources; however, it experiences uneven distribution of the same. Due to the lack of quality infrastructure in the region, more water is being withdrawn from local basins to meet the overall water needs. According to the Development Bank of Latin America (CAF), around 0.3% of the GDP needs to be spent until 2030 to meet the demand for water infrastructure in Latin America.
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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 |
Latin America pumps market size, by country, 2021-2033 (US$M)
Latin America Pumps Market Outlook Share, 2025 & 2033 (US$M)
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