Fuel Transfer Pumps Market Report Scope & Overview:

The Fuel Transfer Pumps Market size was valued at USD 1.82 Bn in 2023 and is expected to reach USD 2.60 Bn by 2031 and grow at a CAGR of 4.65 % over the forecast period 2024-2031.

A fuel transfer pump is used to transport liquids such as diesel, gasoline, and oil to trucks, vehicles, and other machinery. Fuel transfer pumps are used to carry fuel from a storage drum or tank to another and to other locations. The primary purpose of a fuel transfer pump is to transfer kerosene, petrol, gasoline, oil, AdBlue, water, or diesel from trucks, cars, construction equipment, agricultural machinery, planes, and other engine-driven machines to trucks, cars, construction equipment, agricultural machinery, planes, and other engine-driven machines The engine requires a steady supply of high-pressure gasoline during the fuel transfer procedure. This type of fuel transfer pump is chosen based on a number of physical and environmental factors, including power, flow rate, mode of operation, power source, pressure need, location, temperature, and pump operating conditions are all aspects to consider.

Fuel Transfer Pumps Market Revenue Analysis

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  • construction and building sector expansion.

  • Consumer disposable income is increasing, and the economy is expanding.

  • Continuous advancements in manufacturing methods.


  • Electric car use and sales are increasing.


  • Industrialization is accelerating.

  • Innovations in technology

  • Rapid urbanization and infrastructure development.


  • If alternate fuels and powered propulsion technologies are not developed, demand will decline in the future.


Companies that are rapidly expanding capacity to meet COVID-induced demand must exercise caution when interpreting these unexpected demand patterns. From 2023 to 2030, the Fuel Transfer Pump Market will be shaped by post-pandemic changes in social, economic, trade, and political factors, as well as planned environmental regulatory revisions. During COVID-19, the Fuel Transfer Pump Market reported mixed results for various applications and geographies. The study examines the pandemic's segment-specific ramifications and presents various case scenarios for the Fuel Transfer Pump Market's development prospects through 2028.


The market is divided into three categories: AC FTP, DC FTP, and Hand FTP. DC FTPs accounted for the largest part of the market and are predicted to rise at a positive CAGR % throughout the forecast period due to the benefits given by these pumps, such as compact size, reliability, and versatility in terms of usage. As large systems, these pumps are often used in automobiles, earth-moving equipment, and construction yards. AC FTPs accounted for the greatest sales in 2021, owing to the rising need for these pumps to transfer biodiesel, diesel, and Diesel Exhaust Fluid. Tank and barrel mounting are examples of permanent or fixed usage for these pumps. Fixed FTPs topped the mounting type category globally, and are predicted to increase at a favorable pace over the projection period because to their versatility and adaptability for a wide range of heavy equipment applications. Various fixed FTPs are fitted with low viscosity fuel delivery capabilities such as an automated or manual nozzle. A range of self-priming, rotary, and volumetric fixed pumps are available for diesel transfer. Such pumps are expected to grow increasingly widespread as a result of their dependability in low-temperature applications.

12V DC, 24V DC, 115V AC, 230V AC, and Others make up the market. The 12V DC motor type sector is predicted to be the largest and fastest-growing segment, with a positive rate from 2022 to 2028, due to rising demand for portable fuel transfer systems in the transportation and construction industries. 12V DC fuel transfer pumps are often used for light oil pumping applications such as kerosene, biodiesel, and diesel fuel. The use of these fuel transfer pumps to refill small machines and vehicles is also projected to stimulate demand in the food and beverage and agriculture industries. Transportation, Construction, Mining, Agriculture, Chemicals, Food and beverage, and Military are the different segments of the market. The transportation application sector leads the market due to the extensive use of gasoline transfer systems for automobile refueling across the world. Furthermore, due to the rising usage of natural gas automobiles, the increased need for gasoline fuel stations is projected to result in substantial demand for FTPs throughout the projection period.


On The Basis of Type

  • AC Fuel Transfer Pump

  • DC Fuel Transfer Pump

  • Hand Fuel Transfer Pump

On The Basis of Mounting

  • Fixed

  • Portable

On The Basis of Motor Type

  • 12V DC

  • 24V DC

  • 115V AC

  • 230V AC

  • Others

On The Basis of Application

  • Construction

  • Mining

  • Agriculture

  • Chemical

  • Military

  • Transportation

  • Food & Beverage

  • Others

Fuel Transfer Pumps Market Segment Analysis

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In 2021, Asia Pacific dominated the market, accounting highest percentage of worldwide sales. Strong economic growth, higher corporate investment expenditure, and rapid improvements in manufacturing output are driving the growth of the fuel transfer pumps market in nations like China, Japan, and India. The epidemic caused economic depression in North America, prompting governments to announce different economic stimulus initiatives. This is likely to boost infrastructure development in the region, increasing demand for these items in the construction industry. However, due to inflation and raw material price instability, which is anticipated to damage these items in the area, the present Russia-Ukraine situation may hamper economic activity.

Middle Eastern governments have devised measures to encourage investment in the automobile sector. Furthermore, the Middle East's expanding demand for passenger and commercial cars, along with increased consumer spending on automotive purchases, is expected to drive demand for refueling stations in the area. As a result, throughout the projection period, these factors are likely to increase demand for these items.


  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America


The fuel transfer pumps market is expected to be fiercely competitive, with a high demand for sophisticated and dependable products. Increased investment on R&D initiatives to improve the quality of these items, as well as better process control, has resulted from rising client demands. Overall, the sector is very competitive and heavily reliant on technical improvements and product innovations.

The major key players are Great Plains Industries, Inc, Tuthill Transfer Systems (TTS), Graco Inc, Piusi S.p.A, INTRADIN, YUANHENG MACHINE CO., LTD, ARO (Ingersoll-Rand plc), GESPASA - TOT COMERCIAL S.A, Creative Engineers (Malhar Pumps), MACH POWERPOINT PUMPS INDIA PVT. LTD. and Other Players

Graco Inc-Company Financial Analysis

Fuel Transfer Pumps Market Report Scope:

Report Attributes Details
Market Size in 2023  US$ 1.75 Billion
Market Size by 2031  US$ 2.63 Billion
CAGR  CAGR 5.21% From 2024 to 2031
Base Year  2023
Forecast Period  2024-2031
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (AC Fuel Transfer Pump, DC Fuel Transfer Pump, Hand Fuel Transfer Pump)
• By Mounting (Fixed and Portable)
• By Motor Type (12V DC, 24V DC, 115V AC, 230V AC, Others)
• By Application (Construction, Mining, Agriculture, Chemical, Military, Transportation, Food & Beverage, Others)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Great Plains Industries, Inc, Tuthill Transfer Systems (TTS), Graco Inc, Piusi S.p.A, INTRADIN, YUANHENG MACHINE CO., LTD, ARO (Ingersoll-Rand plc), GESPASA - TOT COMERCIAL S.A, Creative Engineers (Malhar Pumps), MACH POWERPOINT PUMPS INDIA PVT. LTD.
Key Drivers • construction and building sector expansion.
• Continuous advancements in manufacturing methods.
Restraints •Electric car use and sales are increasing.


Frequently Asked Questions

Ans: The Fuel Transfer Pumps Market size was valued at USD 1.82 Bn in 2023.

Ans: - construction and building sector expansion and consumer disposable income is increasing, and the economy is expanding.

Ans: The Fuel Transfer Pumps Market is growing at a CAGR of 4.65 % From 2024 to 2031.

Ans: - The major key players are Great Plains Industries, Inc, Tuthill Transfer Systems (TTS), Graco Inc, Piusi S.p.A, INTRADIN, YUANHENG MACHINE CO., LTD, ARO (Ingersoll-Rand plc), GESPASA - TOT COMERCIAL S.A, Creative Engineers (Malhar Pumps), MACH POWERPOINT PUMPS INDIA PVT. LTD.



Ans: - Key Stakeholders Considered in the study are Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research, and development (R&D) institutions, Importers and exporters, etc.

Table of Contents


1. Introduction

1.1 Market Definition 

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges 

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia War

4.3 Impact of Ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Fuel Transfer Pumps Market Segmentation, by Type

8.1 AC Fuel Transfer Pump

8.2 DC Fuel Transfer Pump

8.3 Hand Fuel Transfer Pump

9. Fuel Transfer Pumps Market Segmentation, by Mounting

9.1 Fixed

9.2 Portable

10. Fuel Transfer Pumps Market Segmentation, by Motor Type

10.1 12V DC

10.2 24V DC

10.3 115V AC

10.4 230V AC

10.5 Others

11. Fuel Transfer Pumps Market Segmentation, by Application

11.1 Construction

11.2 Mining

11.3  Agriculture

11.4 Chemical

11.5 Military

11.6 Transportation

11.6 Food & Beverage

11.7 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13. Company Profiles

13.1 Great Plains Industries, Inc

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Tuthill Transfer Systems (TTS)

13.3 Graco Inc

13.4 Piusi S.p.A



13.7 ARO (Ingersoll-Rand plc)


13.9 Creative Engineers (Malhar Pumps)


14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments

15. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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