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Magnetic Drive Pump Market Size, Share and Forecast 2026-2036

The global magnetic drive pump market is worth USD 1.4 bn in 2026 and is forecast to reach USD 2.6 bn by 2036, growing at a 6.0% CAGR. China is the largest country market and Centrifugal is the largest by pump type segment.

USD 1.4 bnMarket size 2026
USD 2.6 bnForecast 2036
6.0%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global magnetic drive pump market is worth USD 1.4 bn in 2026 and is forecast to reach USD 2.6 bn by 2036, growing at a 6.0% CAGR. China is the largest country market and Centrifugal is the largest by pump type segment.

ScopeSealless centrifugal and positive-displacement pumps driven through a magnetic coupling, used to move corrosive, toxic and valuable liquids in chemical, pharmaceutical, semiconductor and oil and gas plants.
IndustryIndustrial Automation
Value 2025USD 1.4 bn
Value 2026USD 1.4 bn
Value 2036USD 2.6 bn
CAGR 2026-20366.0%
Volume 2026542 thousand units
Volume 2036836 thousand units
Average price 2026USD 2,635 per unit
Report priceStarts from USD 1,999
PublishedNovember 2026

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Magnetic Drive Pump market size and forecast, 2026-2036

Exhibit 1The global magnetic drive pump market is forecast to grow from USD 1.4 bn in 2026 to USD 2.6 bn by 2036, a rise of 79%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 6.0%
Magnetic Drive Pump market value, 2025 to 2036Market value by year. 2025: USD 1.4 bn; 2026: USD 1.4 bn; 2027: USD 1.5 bn; 2028: USD 1.6 bn; 2029: USD 1.7 bn; 2030: USD 1.8 bn; 2031: USD 1.9 bn; 2032: USD 2.0 bn; 2033: USD 2.1 bn; 2034: USD 2.3 bn; 2035: USD 2.4 bn; 2036: USD 2.6 bn. Compound annual growth rate 2026 to 2036: 6.0%.20251.4 bn20261.9 bn20312.6 bn20366.0% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 1.4 bn
2027USD 1.5 bn
2028USD 1.6 bn
2029USD 1.7 bn
2030USD 1.8 bn
2031USD 1.9 bn
2032USD 2.0 bn
2033USD 2.1 bn
2034USD 2.3 bn
2035USD 2.4 bn
2036USD 2.6 bn

Magnetic Drive Pump market segmentation

By pump type

Exhibit 2Centrifugal is the largest segment by pump type, with 72.0% of 2026 revenueEstimated share of 2026 global revenue, by pump type
Magnetic Drive Pump market share by pump type, 2026Share of 2026 revenue by pump type. Centrifugal: 72.0%; Other positive displacement: 16.0%; Gear: 12.0%.Centrifugal72.0%Other positive displacement16.0%Gear12.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Centrifugal72.0%71.7%USD 1.0 bn6.0%
Gear12.0%12.8%USD 171 mn6.7%
Other positive displacement16.0%15.5%USD 229 mn5.7%

By construction

Exhibit 3Solid plastic adds the most revenue by construction, growing from USD 486 mn in 2026 to USD 954 mn by 2036Estimated revenue in USD by construction, 2026 and 2036 forecast
Magnetic Drive Pump market by construction, 2026 and 2036Revenue by construction in 2026 and 2036. Metal: USD 657 mn in 2026, USD 1.1 bn in 2036, change +63%; Solid plastic: USD 486 mn in 2026, USD 954 mn in 2036, change +96%; Lined (ETFE, PFA): USD 286 mn in 2026, USD 535 mn in 2036, change +87%.20262036 forecastChangeMetal+63%657 mn1.1 bnSolid plastic+96%486 mn954 mnLined (ETFE, PFA)+87%286 mn535 mn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Metal46.0%41.8%USD 657 mn5.0%
Solid plastic34.0%37.3%USD 486 mn7.0%
Lined (ETFE, PFA)20.0%20.9%USD 286 mn6.5%

By end use

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Chemicals36.0%34.2%USD 514 mn5.5%
Pharmaceuticals and biotech14.0%16.0%USD 200 mn7.5%
Oil and gas15.0%13.3%USD 214 mn4.8%
Water treatment10.0%10.0%USD 143 mn6.0%
Semiconductor and electronics11.0%13.8%USD 157 mn8.4%
Food and beverage6.0%5.4%USD 86 mn5.0%
Other uses8.0%7.2%USD 114 mn5.0%

By flow rate

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Below 10 m3/h34.0%32.0%USD 486 mn5.4%
10 to 100 m3/h46.0%47.0%USD 657 mn6.2%
Above 100 m3/h20.0%21.0%USD 286 mn6.5%

By pressure rating

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Up to 10 bar58.0%55.0%USD 828 mn5.4%
10 to 25 bar30.0%32.0%USD 428 mn6.7%
Above 25 bar12.0%13.0%USD 171 mn6.8%

Top 25 countries for magnetic drive pump by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 79.0% of 2026 revenue and the 25 countries below together hold 95.0%.

Exhibit 4China is the largest country market at USD 314 mn in 2026, and the three largest countries hold 50.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Magnetic Drive Pump market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 314 mn, 22.0%; United States: USD 286 mn, 20.0%; Germany: USD 114 mn, 8.0%; Japan: USD 114 mn, 8.0%; India: USD 71 mn, 5.0%; South Korea: USD 64 mn, 4.5%; Italy: USD 43 mn, 3.0%; United Kingdom: USD 43 mn, 3.0%; France: USD 43 mn, 3.0%; Brazil: USD 36 mn, 2.5%.China314 mn 22.0%United States286 mn 20.0%Germany114 mn 8.0%Japan114 mn 8.0%India71 mn 5.0%South Korea64 mn 4.5%Italy43 mn 3.0%United Kingdom43 mn 3.0%France43 mn 3.0%Brazil36 mn 2.5%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 314 mn22.0%USD 650 mn7.5%
2United StatesUSD 286 mn20.0%USD 468 mn5.1%
3GermanyUSD 114 mn8.0%USD 179 mn4.6%
4JapanUSD 114 mn8.0%USD 179 mn4.6%
5IndiaUSD 71 mn5.0%USD 161 mn8.5%
6South KoreaUSD 64 mn4.5%USD 115 mn6.0%
7ItalyUSD 43 mn3.0%USD 66 mn4.5%
8United KingdomUSD 43 mn3.0%USD 66 mn4.5%
9FranceUSD 43 mn3.0%USD 66 mn4.5%
10BrazilUSD 36 mn2.5%USD 66 mn6.4%
11CanadaUSD 34 mn2.4%USD 59 mn5.6%
12SpainUSD 31 mn2.2%USD 52 mn5.3%
13MexicoUSD 24 mn1.6%USD 46 mn6.9%
14NetherlandsUSD 19 mn1.4%USD 32 mn5.3%
15TurkeyUSD 16 mn1.1%USD 30 mn6.4%
16Saudi ArabiaUSD 15 mn1.0%USD 30 mn7.4%
17AustraliaUSD 13 mn0.9%USD 23 mn5.9%
18PolandUSD 12 mn0.8%USD 23 mn6.9%
19ThailandUSD 11 mn0.8%USD 21 mn6.9%
20SingaporeUSD 10 mn0.7%USD 18 mn5.8%
21SwitzerlandUSD 9.4 mn0.7%USD 16 mn5.2%
22BelgiumUSD 9.0 mn0.6%USD 15 mn5.1%
23IndonesiaUSD 8.4 mn0.6%USD 17 mn7.4%
24RussiaUSD 8.0 mn0.6%USD 14 mn5.4%
25TaiwanUSD 7.7 mn0.5%USD 14 mn5.8%
Rest of worldUSD 72 mn5.0%USD 129 mn6.0%
Exhibit 5China and United States account for 46% of the USD 1.1 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Magnetic Drive Pump market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 1.4 bn. China: +USD 335 mn; United States: +USD 182 mn; India: +USD 90 mn; Germany: +USD 65 mn; Japan: +USD 65 mn; 20 other countries: +USD 335 mn; Rest of world: +USD 57 mn. Market value 2036: USD 2.6 bn.Market value 20261.4 bnChina+335 mnUnited States+182 mnIndia+90 mnGermany+65 mnJapan+65 mn20 other countries+335 mnRest of world+57 mnMarket value 20362.6 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Iwaki
  • Flowserve
  • Sundyne
  • KSB
  • Sulzer

Group 2: Regional and specialist players

  • March Manufacturing
  • Dickow Pumpen
  • Klaus Union
  • HERMETIC-Pumpen
  • Taiko Kikai
  • Finish Thompson
  • Verder
  • Nikkiso
  • Argal

Group 3: Emerging and niche players

  • Teikoku Electric
  • Ruhrpumpen

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the magnetic drive pump market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 6.0% is calculated from the resulting values.

The market is divided by pump type, by construction, by end use, by flow rate, by pressure rating. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the magnetic drive pump market?

The global magnetic drive pump market is estimated at USD 1.4 bn in 2025 and USD 1.4 bn in 2026.

How fast will the magnetic drive pump market grow?

It is forecast to reach USD 2.6 bn by 2036, a compound annual growth rate of 6.0% from 2026, an increase of USD 1.1 bn.

Which country is the largest market for magnetic drive pump?

China is the largest market by revenue at USD 314 mn in 2026, 22.0% of the global total. The three largest countries together hold 50.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 8.5% a year from 2026 to 2036.

Which magnetic drive pump segment is largest?

In the by pump type split, Centrifugal is the largest segment with 72.0% of 2026 revenue.

Who are the leading magnetic drive pump companies?

Global leaders include Iwaki, Flowserve, Sundyne, KSB.

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