Global progressing cavity pumps market was valued at US$ 2.70 Bn in 2017 and is expected to reach US$ 4.75 Bn by 2026, at a CAGR of 6.97 % during a forecast period.
A progressive cavity pump is a sort of positive displacement pump and is referred as a progressing cavity pump, progg cavity pump, eccentric screw pump or cavity pump. It transferences fluid by means of the progress, through the pump, of a sequence of small, fixed shape, discrete cavities, as its rotor is turned.
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