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.
| Scope | Sealless 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. |
|---|---|
| Industry | Industrial Automation |
| Value 2025 | USD 1.4 bn |
| Value 2026 | USD 1.4 bn |
| Value 2036 | USD 2.6 bn |
| CAGR 2026-2036 | 6.0% |
| Volume 2026 | 542 thousand units |
| Volume 2036 | 836 thousand units |
| Average price 2026 | USD 2,635 per unit |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Magnetic Drive Pump market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 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 |
Magnetic Drive Pump market segmentation
By pump type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Centrifugal | 72.0% | 71.7% | USD 1.0 bn | 6.0% |
| Gear | 12.0% | 12.8% | USD 171 mn | 6.7% |
| Other positive displacement | 16.0% | 15.5% | USD 229 mn | 5.7% |
By construction
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Metal | 46.0% | 41.8% | USD 657 mn | 5.0% |
| Solid plastic | 34.0% | 37.3% | USD 486 mn | 7.0% |
| Lined (ETFE, PFA) | 20.0% | 20.9% | USD 286 mn | 6.5% |
By end use
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Chemicals | 36.0% | 34.2% | USD 514 mn | 5.5% |
| Pharmaceuticals and biotech | 14.0% | 16.0% | USD 200 mn | 7.5% |
| Oil and gas | 15.0% | 13.3% | USD 214 mn | 4.8% |
| Water treatment | 10.0% | 10.0% | USD 143 mn | 6.0% |
| Semiconductor and electronics | 11.0% | 13.8% | USD 157 mn | 8.4% |
| Food and beverage | 6.0% | 5.4% | USD 86 mn | 5.0% |
| Other uses | 8.0% | 7.2% | USD 114 mn | 5.0% |
By flow rate
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Below 10 m3/h | 34.0% | 32.0% | USD 486 mn | 5.4% |
| 10 to 100 m3/h | 46.0% | 47.0% | USD 657 mn | 6.2% |
| Above 100 m3/h | 20.0% | 21.0% | USD 286 mn | 6.5% |
By pressure rating
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Up to 10 bar | 58.0% | 55.0% | USD 828 mn | 5.4% |
| 10 to 25 bar | 30.0% | 32.0% | USD 428 mn | 6.7% |
| Above 25 bar | 12.0% | 13.0% | USD 171 mn | 6.8% |
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%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 314 mn | 22.0% | USD 650 mn | 7.5% |
| 2 | United States | USD 286 mn | 20.0% | USD 468 mn | 5.1% |
| 3 | Germany | USD 114 mn | 8.0% | USD 179 mn | 4.6% |
| 4 | Japan | USD 114 mn | 8.0% | USD 179 mn | 4.6% |
| 5 | India | USD 71 mn | 5.0% | USD 161 mn | 8.5% |
| 6 | South Korea | USD 64 mn | 4.5% | USD 115 mn | 6.0% |
| 7 | Italy | USD 43 mn | 3.0% | USD 66 mn | 4.5% |
| 8 | United Kingdom | USD 43 mn | 3.0% | USD 66 mn | 4.5% |
| 9 | France | USD 43 mn | 3.0% | USD 66 mn | 4.5% |
| 10 | Brazil | USD 36 mn | 2.5% | USD 66 mn | 6.4% |
| 11 | Canada | USD 34 mn | 2.4% | USD 59 mn | 5.6% |
| 12 | Spain | USD 31 mn | 2.2% | USD 52 mn | 5.3% |
| 13 | Mexico | USD 24 mn | 1.6% | USD 46 mn | 6.9% |
| 14 | Netherlands | USD 19 mn | 1.4% | USD 32 mn | 5.3% |
| 15 | Turkey | USD 16 mn | 1.1% | USD 30 mn | 6.4% |
| 16 | Saudi Arabia | USD 15 mn | 1.0% | USD 30 mn | 7.4% |
| 17 | Australia | USD 13 mn | 0.9% | USD 23 mn | 5.9% |
| 18 | Poland | USD 12 mn | 0.8% | USD 23 mn | 6.9% |
| 19 | Thailand | USD 11 mn | 0.8% | USD 21 mn | 6.9% |
| 20 | Singapore | USD 10 mn | 0.7% | USD 18 mn | 5.8% |
| 21 | Switzerland | USD 9.4 mn | 0.7% | USD 16 mn | 5.2% |
| 22 | Belgium | USD 9.0 mn | 0.6% | USD 15 mn | 5.1% |
| 23 | Indonesia | USD 8.4 mn | 0.6% | USD 17 mn | 7.4% |
| 24 | Russia | USD 8.0 mn | 0.6% | USD 14 mn | 5.4% |
| 25 | Taiwan | USD 7.7 mn | 0.5% | USD 14 mn | 5.8% |
| Rest of world | USD 72 mn | 5.0% | USD 129 mn | 6.0% |
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.
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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