According to a market report by Lucintel, the future of the global mud pump market looks promising with opportunities in the oil & gas, mining, and construction markets. The global mud pump market is expected to grow with a CAGR of 5.7% from 2025 to 2031. The major drivers for this market are the increasing demand for drilling operations, the rising adoption of advanced pumping technologies, and the growing need for efficient fluid management.
A more than 150-page report to understand trends, opportunity and forecast in mud pump market to 2031 by type (duplex and triplex), operation (electric and fuel engine), application (oil & gas, mining, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, triplex is expected to witness higher growth over the forecast period.
Within the application category, oil & gas is expected to witness the highest growth.
In terms of region, APAC is expected to witness the highest growth over the forecast period.
Download sample by clicking on mud pump market
Halliburton, Goulds Pumps, SRS Crisafulli, KSB Group, Xylem, Flowserve, Shijiazhuang Industrial Pump Factory, Kirloskar Ebara Pumps Limited, Excellence Pump Industry, Weir Group are the major suppliers in the mud pump market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] to get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
Explore Our Latest Publications
Glycidyl Methacrylate Market
Industrial Benzyl Alcohol Market
Industrial Hydrofluoric Acid Market
N-Propanol Market
Organic Acid Market