Centrifugal Radial flow pump market is expected to reach US$ 44.01 Billion by 2031

Global Centrifugal Radial Flow Pump Market Forecast to 2031: Key Insights

According to our latest study on "Global Centrifugal Radial flow pump market – Global and Regional Share, Trend, and Growth Opportunity Analysis – by Stage, Operation Type, Type, End User, and Geography," the market was valued at US$ 30.44 billion in 2024 and is expected to reach US$ 44.01 billion by 2031. The centrifugal radial flow pump market size is estimated to register a CAGR of 5.64% from 2025 to 2031. Adopting advanced impeller technologies to enhance energy efficiency acts as a centrifugal radial flow pump market trend.

Manufacturers are focusing on optimizing impeller designs to improve performance and energy efficiency, as industries such as water and wastewater treatment, power generation, and irrigation increasingly demand more efficient fluid-transport systems. Advanced impeller technologies such as 3D modeling and computational fluid dynamics (CFD) allow engineers to create designs that eliminate turbulence, decrease cavitation, and increase flow uniformity. Developing advanced impeller technologies that deliver high efficiency, low operating costs, and long service life represents one of the prominent centrifugal radial flow pump market trends.

Centrifugal Radial Flow Pump Market

Advanced technologies, along with improvements in hydraulic performance, are leading to decreased power consumption. Improved hydraulic performance enables stable operation under varying load conditions, which increases reliability for industries with continuous and demanding processes. The use of composites and corrosion-resistant materials in the impeller helps increase durability and reduce maintenance frequency. With improvements in smart manufacturing and digital twin technologies, the implementation of predictive analytics by manufacturers to optimize impeller performance will not be far off.

Increasing Urbanization and Industrial Growth Promoting Market Expansion Drives Global Centrifugal Radial Flow Pump Market Growth

The rapid urbanization and continuous industrial development in Asia Pacific—especially in China and India—are the key factors that are driving the market growth. Infrastructure—such as housing complexes, industrial areas, transportation networks, and power generation facilities—is rapidly under progress in these countries. Besides that, the supply of water, wastewater management, cooling, and irrigation through efficient fluid handling solutions is directly driving the adoption of radial flow pumps. Also, the radial flow pumps' capability to handle such large volumes of liquids at moderate heads makes them most suitable for municipal water distribution, industrial water circulation, and flood control, which are the applications that are most often found in rapidly urbanizing areas.

The industrial growth in these economies is leading to increased investments in the manufacturing, chemical processing, oil & gas, and energy sectors that are the major consumers of fluid transfer operations for production efficiency. Radial flow pumps are the best solutions in terms of performance, balance between axial and radial flow, reliability, and cost-efficiency, thus making them suitable for a broad range of industrial applications. The government initiatives geared towards the use of clean water and wastewater infrastructure have resulted in an increased demand for such infrastructure.

Global Centrifugal Radial Flow Pump Market: Segmental Overview

By type, the global centrifugal radial flow pump market forecast is segmented into overhung impeller, vertically suspended, and between-bearing. The single-stage segment held the largest centrifugal radial flow pump market share.

The overhung impeller segment is gaining prominence due to its compact, single?stage configuration and cost?effective design. In overhung pumps, the impeller is mounted at the end of a cantilevered shaft supported by bearings on one side only, which simplifies construction, reduces footprint, and eases access to seals and rotating elements for maintenance. This layout is widely adopted in ANSI/ASME and API 610 OH1/OH2 process pumps used in refineries, petrochemicals, chemicals, power plants, HVAC, and general industrial services for medium?head water, chemicals, and light hydrocarbon applications. 

Rising investments in oil and gas processing, chemical production, and industrial utilities are driving demand for standardized overhung process pumps that comply with API 610 and ISO 13709 requirements for reliability, nozzle load tolerance, and safety. Their back?pull?out construction and ability to handle a broad range of clean and mildly contaminated fluids lower lifecycle costs, making them attractive for brownfield replacements and greenfield projects alike.

Global Centrifugal Radial Flow Pump Market Analysis: Competitive Landscape and Key Developments
The global centrifugal radial flow pump market report highlights the factors driving market expansion and the key developments of prominent players. Xylem Inc., Sulzer Ltd., Gorman-Rupp Company (Gorman-Rupp Pumps), Grundfos Holding A/S, C.R.I. Pumps Private Limited, Parker Hannifin Corporation, Sujal Engineering, Chemlin Pumps and Valves Pvt. Ltd., Kirloskar Brothers Limited (KBL), and Ebara Corporation are among the prominent players profiled in the global centrifugal radial flow pump market report. Market players focus on new product launches, expansion, diversification, and acquisition strategies, which enable them to capitalize on prevailing business opportunities.

In October 2025, Kirloskar Brothers Limited (KBL) recently launched its latest product, the Vertical Inline Long Coupled “KW-LC” Pumps, expanding its ever-growing portfolio in the heating, ventilation, and air-conditioning (HVAC) segment. The KW-LC pump is a space-saving, vertical, long-coupled design that simplifies piping and has a compact structure. 

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