Market Size & Development Trends of Slurry Pumps

The global slurry pump market grows steadily, reaching approximately $18.68 billion in 2026 with an annual growth rate of over 8%. The Asia-Pacific region is the key market. China is one of the world’s largest producers and consumers, with a market size of nearly 16 billion RMB in 2026 and a CAGR of 7.5%. Mining, metallurgy, thermal power, and environmental dredging are traditional main applications, while new energy minerals and industrial solid waste treatment have become new growth drivers.

The industry is upgrading toward high efficiency, energy saving, intelligent operation, and wear-resistant new materials. IoT monitoring, ceramics, and high-performance wear-resistant materials are widely used. The high-end market is dominated by international giants such as Weir, KSB, and Metso Outotec. Chinese companies are rapidly expanding along the “Belt and Road” with cost-effective advantages, increasing their share in the mid-end market. In the future, energy-saving, intelligence, domestic substitution, and internationalization will be the main trends.