Latin America Pumps Market Size & Outlook, 2026-2033
The pumps market in Latin America is expected to reach a projected revenue of US$ 6,327.6 million by 2033. A compound annual growth rate of 4.7% is expected of Latin America pumps market from 2026 to 2033.
The Latin America pumps market generated a revenue of USD 4,456.2 million in 2025.
The market is expected to grow at a CAGR of 4.7% from 2026 to 2033.
In terms of segment, centrifugal was the largest revenue generating type in 2025.
Positive Displacement is the most lucrative type segment registering the fastest growth during the forecast period.
Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
Market revenue in 2025
USD 4,456.2 million
Market revenue in 2033
USD 6,327.6 million
Growth rate
4.7% (CAGR from 2026 to 2033)
Largest segment
Centrifugal
Fastest growing segment
Positive Displacement
Historical data covered
2021 - 2024
Base year for estimation
2025
Forecast period covered
2026 - 2033
Quantitative units
Revenue in USD million
Market segmentation
Centrifugal, Positive Displacement
Key market players worldwide
SLB, Ingersoll Rand Inc, The Weir Group, Vaughan Chopper Pumps, KSB SE & Co KGaA, Pentair PLC, Grundfos, Xylem Inc, Flowserve Corp, ITT Inc, Ebara Corp, Iwaki America, Sulzer AG, SPX FLOW
Other key industry trends
In terms of revenue, Latin America region accounted for 7.2% of the global pumps market in 2025.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
Asia Pacific is the fastest growing regional market and is projected to reach USD 43,188.3 million by 2033.
Latin America is characterized by various developing countries such as Brazil, Chile, Argentina, Ecuador, and Colombia. The surge in construction investment across various Latin American countries is poised to drive the pumps market in the region over the forecast period.
For example, in 2022, Peru's Ministry of Housing, Construction, and Sanitation detailed a plan to build around 32,000 bioclimatic homes from 2022 to 2024. Similar government-led projects across the region underscore a rising demand for pumps that are essential for a wide range of construction activities. These initiatives reflect a broader trend toward infrastructure development in Latin America, promising significant momentum for the pumps market.
Moreover, the region has an abundance of water resources; however, it experiences uneven distribution of the same. Due to the lack of quality infrastructure in the region, more water is being withdrawn from local basins to meet the overall water needs. According to the Development Bank of Latin America (CAF), around 0.3% of the GDP needs to be spent until 2030 to meet the demand for water infrastructure in Latin America.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Pumps Market Outlook will help companies and investors design strategic landscapes.
Centrifugal was the largest segment with a revenue share of 68.31% in 2025.
Horizon Databook has segmented the Latin America pumps market based on centrifugal, positive displacement covering the revenue growth of each sub-segment from 2021 to 2033.
Latin America is characterized by various developing countries such as Brazil, Chile, Argentina, Ecuador, and Colombia. The surge in construction investment across various Latin American countries is poised to drive the pumps market in the region over the forecast period.
For example, in 2022, Peru's Ministry of Housing, Construction, and Sanitation detailed a plan to build around 32,000 bioclimatic homes from 2022 to 2024. Similar government-led projects across the region underscore a rising demand for pumps that are essential for a wide range of construction activities. These initiatives reflect a broader trend toward infrastructure development in Latin America, promising significant momentum for the pumps market.
Moreover, the region has an abundance of water resources; however, it experiences uneven distribution of the same. Due to the lack of quality infrastructure in the region, more water is being withdrawn from local basins to meet the overall water needs. According to the Development Bank of Latin America (CAF), around 0.3% of the GDP needs to be spent until 2030 to meet the demand for water infrastructure in Latin America.
Latin America Pumps Market Type Outlook (Revenue, USD Million , 2021-2033)
Centrifugal
Positive Displacement
Latin America Pumps Market End Use Outlook (Revenue, USD Million , 2021-2033)
Agriculture
Water & Wastewater
Oil & Gas
Mining
Infrastructure Application (HDD)
Others End Use
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Pumps Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Pumps Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.