Gear Pumps Market Size, Share, Opportunities, And Trends By Type (Internal Gear Pump, External Gear Pump), By Material (Stainless Steel, Cast Iron, Others), By Application (Automotive, Oil & Gas, Pulp & Paper, Food & Beverage, Construction, Mining, Others), By End-User (Oil & Fuel, Paints & Ink, Chemical, Solvents & Adhesives, Others), And By Geography – Forecasts From 2025 To 2030

Gear Pumps Market Size:

The gear pumps market is estimated to reach a market size of USD 1,624.507 million by 2030, growing at a 4.42% CAGR from a valuation of USD 1,308.422 million in 2025.

Gear Pumps Market Key Highlights:

Gear pumps are a type of positive displacement pump that uses the meshing of gears to pump fluids and consist of two or more gears that mesh together and rotate within a casing. Gear pumps are known for their simplicity, reliability, and efficiency, and as gears rotate, fluid is drawn into the pump's inlet and forced out of the discharge port. Gear pumps are commonly used in industrial and commercial applications like oil & gas, automotive, pulp & paper, and food & beverage. The global gear pump market is expected to be driven by the increasing demand for gear pumps from various end-use industries and the ongoing technological advancements in pump design.

Moreover, the increasing urbanization has improved fuel & energy demand, which is also promoting gear pump demand. For instance, as per the United Nations data, the urban population is expected to grow from 55 percent of the total population in 2018 to 68 percent by 2050. In addition, the manufacturers are investing in product development and innovations to improve their market presence, and with the ongoing investment in increasing industrial applicability, the market is further set to grow.

Gear Pumps Market Overview & Scope

The gear pump market is segmented by:

• Type: By type, the gear pumps market is segmented into internal gear pumps and external gear pumps. The demand for internal gear pumps is expected to rise due to their ability to handle a wide range of viscosities with precision and efficiency.
• Material: By material, the gear pumps market is segmented into stainless steel, cast iron, and others. The stainless-steel segment is the fastest-growing segment.
• Application: By application, the gear pumps market is segmented into oil & fuel, paints & ink, chemicals, solvents & adhesives, and others. The oil & fuel segment is expected to have a significant market share in this segment.
• End User: By end user, the gear pumps market is segmented into automotive, oil & gas, pulp & paper, food & beverage, construction, mining, and others. The automotive segment is predicted to grow at a substantial pace. Further, the growing demand for efficient fluid handling solutions in industries such as oil & gas, chemicals, and food processing has driven the need for reliable and durable gear pumps, which has positively impacted market demand.
• Region: Region-wise, Asia Pacific is anticipated to account for a significant share of the gear pump market due to the industrialization of nations like China, India, and Japan is driving up demand for chemicals and crude oil, among other things.  China's oil consumption has increased significantly as a result of the nation's expanding automobile fleet. Furthermore, China's Ministry of Natural Resources announced the opening of foreign direct investments in the oil and gas industry to meet the country's demand for these resources and increase domestic energy supplies. Its goal is to give international businesses permission to search for and extract gas and oil in the nation. Asia Pacific's construction industry is expanding at an exponential rate. China has been primarily propelled by multiple advancements in the building industry, both residential and commercial, bolstered by the expanding economy.

Top Trends Shaping the Gear Pumps Market:

• Rising Adoption of Intelligent Pumps

The integration of intelligent technologies into gear hydraulic pumps is another significant market trend. These ingenious pumps are equipped with embedded controllers and sensors that enable real-time operation monitoring and control. This allows for predictive maintenance, increased system efficiency, and optimized performance. The use of intelligent pumps is more prevalent in industries where accuracy and dependability are crucial, such as manufacturing, automotive, and aerospace.

Gear Pumps Market Growth Drivers vs. Challenges:

Drivers:

• Growing Demand for High Efficiency: The need for effective pumping solutions has grown as industries aim for higher productivity and cost-effectiveness. Gear pumps have become the standard option for many applications due to their ease of use, dependability, and smooth operation. They are adaptable to a variety of industrial processes due to their capacity to manage a broad range of viscosities and provide steady flow rates.

These pumps increase the overall efficiency of the system by reducing energy losses and providing a steady and dependable fluid flow. Gear pumps are being used more often in industries like manufacturing, petrochemical, automotive, and chemical processing to improve their lubrication and fluid transfer procedures. In addition, gear pumps are appealing for applications where space is a crucial consideration due to their small size and simplicity of maintenance.

• Increasing Demand in the Oil & Gas Industry: The growing oil and gas sectors are driving a surge in demand for gear pumps in the market. The need for dependable and effective fluid transfer mechanisms has increased as these industries see rapid global expansion, which has greatly increased demand for gear pumps. Gear pumps are essential to the oil and gas sector for several uses, including fuel transfer, hydraulic systems, and lubrication, which guarantees the efficient running of equipment during the extraction, extraction, and refining phases. For instance, according to the U.S. Energy Information Administration (EIA) forecast from May 2025, global liquid fuel production is expected to increase by 1.3 million barrels per day to 1.4 million barrels per day for both 2025 and 2026 and the demand is expected to grow by 1.0 million barrel per day during the same period.

Gear pumps are essential to the chemical industry's ability to handle and transfer chemicals precisely, which improves the productivity and security of production processes. The growing need for energy and chemicals worldwide due to population expansion and industrialization highlights the vital role gear pumps play in enabling fluid transfer in these vital industries. As the oil and gas, and chemical industries continue to grow and change, manufacturers in the gear pump market are well-positioned to benefit from this growing demand by offering creative and dependable solutions.

• High Demand in the Petrochemical Industry: Gear pumps are vital parts of the petrochemical industry. Pitch, bitumen, lubricating oil, diesel oil, and crude oil are among the products they produce. Hazardous materials, including sodium silicate, mixed chemicals, acids, polymers, isocyanates, and others, are also transported by them. One of the main reasons driving manufacturers in this market to expand their global production capacity is the growing demand for petrochemicals in a variety of applications, including automotive, packaging, home goods, and medical equipment. For instance, to stay competitive in the rapidly changing industry and be prepared for the future, Bharat Petroleum Corporation Limited (BPCL) planned to invest a substantial INR 30,000 crores in petrochemical projects over the next five years, starting in May 2022.
• Technological Advancements: Technology breakthroughs and environmental concerns have caused a major shift in the gear hydraulic pump market toward greater sustainability and efficiency. Advancements in design and materials science are transforming the market and fostering a movement toward reliable, high-capacity pumps that are compact and have less of an impact on the environment. The growing emphasis on IoT integration and smart pump solutions, which are poised to redefine operational functionalities, is another noteworthy trend for the market's growth.

Challenges:

• Environmental Concerns: the increase in potential leaks of fluid and the utilization of non-eco-friendly materials, which can impact the environment. This could hamper the demand for the gear pump market.

Gear Pumps Market Regional Analysis

• North America: The region is expected to account for a major market share, owing to the growing emphasis on adopting modern approaches and technological breakthroughs that will increase overall industrial productivity. Gear pumps with improved design have accelerated the fluid transfer mechanism, and with the booming end-user demand, especially from oil & gas and petrochemicals, the scope for gear pump usage is further expected to witness an upward trajectory. As per the American Fuel & Petrochemical Manufacturers’ “United States Refining Capacity Report” as of 1ST January 2024, the country had 132 operable refineries with a crude distillation capacity of 18.4 million barrels per day (bbl/cd). Likewise, the same source specified that the crude distillation capacity has witnessed a 2% growth, increasing by 324,000 bbl/cd.

Moreover, major refinery companies are investing in expanding their capacity. For instance, in March 2023, ExxonMobil announced the startup of its Beaumont refinery expansion project, which would add 250,000 barrels per day capacity to the refinery alongside the U.S. Gulf Coast. The addition would assist in meeting the growing crude oil demand. In addition, the well-established presence of market players, namely Dover Corporation, Atlas Copco Group, and IDEX Corporation, which offer an extensive portfolio of gear pumps meeting customized industrial demands, has increased the overall market potential for such tools in the United States, thereby augmenting the overall expansion.

Gear Pumps Market Competitive Landscape

The market is fragmented, with many notable players, including Ingersoll Rand Inc., Gear Pump Manufacturing, Atlas Copco Group (KRACHT GmbH), Dover Corporation, McNally Industries, Rickmeier GmbH, Verder Group, IDEX Corporation, Koshin Ltd., Danfoss, and CIRCOR International, Inc., among others.

• Acquisition: In June 2025, Ingersoll Rand Inc. acquired Lead Fluid (Baoding) Intelligent Equipment Manufacturing Co., Ltd., which specializes in making syringes, peristaltic, and gear pumps. The acquisition reinforced Ingersoll's commitment to a regionalized growth strategy.

Gear Pumps Market Scope:

Report Metric	Details
Gear Pumps Market Size in 2025	US$1,308.422 million
Gear Pumps Market Size in 2030	US$1,624.507 million
Growth Rate	CAGR of 4.42%
Study Period	2020 to 2030
Historical Data	2020 to 2023
Base Year	2024
Forecast Period	2025 – 2030
Forecast Unit (Value)	USD Million
Segmentation	Type Material Application End User Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in the Gear Pumps Market	Ingersoll Rand Inc Gear Pump Manufacturing Atlas Copco Group (KRACHT GmbH) Dover Corporation McNally Industries
Customization Scope	Free report customization with purchase

Gear Pumps Market Segmentation:

By Type

• Internal Gear Pump
• External Gear Pump

By Material

• Stainless Steel
• Cast Iron
• Others

By Application

• Automotive
• Oil & Gas
• Pulp & Paper
• Food & Beverage
• Construction
• Mining
• Others

By End User

• Oil & Fuel
• Paints & Ink
• Chemical
• Solvents & Adhesives
• Others

By Region

• North America
  • USA
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Others
• Europe
  • UK
  • Germany
  • France
  • Spain
  • Others
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Others
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Indonesia
  • Others

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1. EXECUTIVE SUMMARY

2. MARKET SNAPSHOT

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. BUSINESS LANDSCAPE

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

3.4. Porter’s Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations

3.7. Strategic Recommendations

4. TECHNOLOGICAL OUTLOOK

5. Gear Pumps Market  BY type

5.1. Introduction

5.2. Internal Gear Pump

5.3. External Gear Pump

6. Gear Pumps Market BY material

6.1. Introduction

6.2. Stainless Steel

6.3. Cast Iron

6.4. Others

7. Gear Pumps Market BY Application

7.1. Introduction

7.2. Automotive

7.3. Oil & Gas

7.4. Pulp & Paper

7.5. Food & Beverage

7.6. Construction

7.7. Mining

7.8. Others

8. Gear Pumps Market BY end user

8.1. Introduction

8.2. Oil & Fuel

8.3. Paints & Ink

8.4. Chemical

8.5. Solvents & Adhesives

8.6. Others

9. Gear Pumps Market BY GEOGRAPHY

9.1. Introduction

9.2. North America

9.2.1. By Type

9.2.2. By Material

9.2.3. By Application

9.2.4. By End User

9.2.5. By Country

9.2.5.1. USA

9.2.5.2. Canada

9.2.5.3. Mexico

9.3. South America

9.3.1. By Type

9.3.2. By Material

9.3.3. By Application

9.3.4. By End User

9.3.5. By Country

9.3.5.1. Brazil

9.3.5.2. Argentina

9.3.5.3. Others

9.4. Europe

9.4.1. By Type

9.4.2. By Material

9.4.3. By Application

9.4.4. By End User

9.4.5. By Country

9.4.5.1. UK

9.4.5.2. Germany

9.4.5.3. France

9.4.5.4. Spain

9.4.5.5. Others

9.5. Middle East & Africa

9.5.1. By Type

9.5.2. By Material

9.5.3. By Application

9.5.4. By End User

9.5.5. By Country

9.5.5.1. Saudi Arabia

9.5.5.2. UAE

9.5.5.3. Others

9.6. Asia Pacific

9.6.1. By Type

9.6.2. By Material

9.6.3. By Application

9.6.4. By End User

9.6.5. By Country

9.6.5.1. China

9.6.5.2. Japan

9.6.5.3. India

9.6.5.4. South Korea

9.6.5.5. Indonesia

9.6.5.6. Others

10. COMPETITIVE ENVIRONMENT AND ANALYSIS

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. COMPANY PROFILES

11.1. Ingersoll Rand Inc 

11.2. Gear Pump Manufacturing 

11.3. Atlas Copco Group (KRACHT GmbH)

11.4. Dover Corporation

11.5. McNally Industries

11.6. Rickmeier GmbH

11.7. Verder Group

11.8. IDEX Corporation

11.9. Koshin Ltd.

11.10. Danfoss

11.11. CIRCOR International, Inc.

12. APPENDIX

12.1. Currency

12.2. Assumptions

12.3. Base and Forecast Years Timeline

12.4. Key benefits for the stakeholders

12.5. Research Methodology

12.6. Abbreviations 

Ingersoll Rand Inc 

Gear Pump Manufacturing 

Atlas Copco Group (KRACHT GmbH)

Dover Corporation

McNally Industries

Rickmeier GmbH

Verder Group

IDEX Corporation

Koshin Ltd.

Danfoss

CIRCOR International, Inc.