The Asia Pacific region currently holds the largest share of the global slurry pump market, accounting for approximately 34.6% of market revenue in 2023.
This dominance is driven by rapid industrialization and urbanization in countries like China, India, and Japan, which have significantly boosted mining activities, infrastructure development, and the construction of wastewater treatment plants. Additionally, the mining industry in Asia Pacific has a synergistic relationship with the slurry pump market, with China, India, and Japan collectively accounting for three out of every ten pumps sold worldwide.
In contrast, North America is experiencing the fastest growth in the slurry pump market, with a projected compound annual growth rate (CAGR) of 4.88% from 2025 to 2030.
This growth is attributed to increased infrastructure development, mining activities, and technological advancements in the region.
In summary, while Asia Pacific remains the largest market for slurry pumps, North America is emerging as the fastest-growing market, driven by significant industrial and infrastructural developments.