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Another major factor for the growth of the market includes the rising production of petroleum products, globally, where progressing cavity pumps find the highest application. As per the US Energy Information Administration, petroleum products production in 2018 was 100 million oil barrels per day were as compared to 98.1 million oil barrel per day. A major restraint to the market includes availability of alternative to the progressing cavity pumps. At various applications, electrical submersible pumps, sucker rod pumps, and centrifugal pumps can be used as an alternative to the progressing cavity pumps.
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Market Coverage
.Market number available for – 2019-2026
.Base year- 2019
.Forecast period- 2020-2026
.Segment Covered- By Source, By Product Type, By Applications
.Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
. Progressing Cavity Pumps Market by Stage Type
.Single Stage (90-psi)
.Double Stage (180-psi)
.Four Stage (360-psi)
.Eight Stage (720-psi rated)
.Progressing Cavity Pumps Market by Application
.Oil & Gas
.Chemical
.Food & Beverage
.Water & Wastewater
.Other
.Regional Analysis
.North America
.United States
.Canada
Company Profiles
.Apergy Corp.
.National Oilwell Varco
.Schlumberger Ltd.
.Halliburton
.Baker Hughes, (A GE Company)
.Borets International, Ltd.
.CIRCOR International, Inc.
.Halliburton Energy Services, Inc.
.ITT Bornemann GmbH
. Liberty Process Equipment, Inc.
. Moyno, Inc.
The Report Covers:
●Comprehensive research methodology of North American progressing cavity pumps market.
●This report also includes a detailed and extensive market overview with key analyst insights.
●An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
●Analysis of regional regulations and other government policies impacting North American progressing cavity pumps market.
●Insights about market determinants which are stimulating North American progressing cavity pumps market.
●Detailed and extensive market segments with regional distribution of forecasted revenues.
●Extensive profiles and recent developments of market players.
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