Lucintel's latest market report analyzed that plunger pump provides attractive opportunities in the water treatment, marine, oil and gas, pulp and paper, agriculture, hydrocarbon refinement, chemical injection, commercial cleaning, government and military, and seawater desalination applications. The plunger pump market is expected to reach $2.7 billion by 2028 with a CAGR of 4.6%. In this market, stainless steel is the largest segment by material type, whereas water treatment is largest by application.
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Based on material type, the plunger pump market is segmented into bronze, brass, steel, stainless steel, iron, nickel alloy, and others. The stainless steel segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, as these are more durable and resistant to corrosion.
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The Plunger Pump Market is marked by the presence of several big and small players. Some of the prominent players offering plunger pump include Grohe, Elkay Manufacturing, Masco Corporation, Geberit, Delta, Moen, and LIXIL Corporation.
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