Diaphragm Pumps Market To Expand at a Notable CAGR Of 6.1% During 2020 - 2027 :
Market Research Future published a half-cooked research report on global Diaphragm Pumps Market. The Diaphragm Pumps Market is expected to expand at ~ 6.20% CAGR during the period 2018 to 2023.
Market Highlights
Diaphragm pumps, also known as membrane pumps, are positive displacement with high variability and low maintenance costs. These pumps have lubrication free air distribution system which saves the environment from pollution. Diaphragm pumps are highly reliable since they do not contain internal parts which rub against each other. Moreover, these pumps do not contain any sealing or lubricating oils within pumping head, thereby resulting in no oil vapor leakage or contamination. Thus, all these factors have resulted in widespread use of diaphragm pumps globally.
On the basis of operation, the market is segmented as single acting and double acting. Double acting subsegment is estimated to dominate the market during the forecast period as these pumps have two diaphragms which results in better performance of pump compared to single acting pumps. Moreover, these double acting pumps have delivery valve and suction valve on both sides of piston which helps in pumping fluids.
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On the basis on pressure, the market is segmented into up to 80 bar, 80-200 bar, and above 200 bar. The up to 80 bar segment accounted for largest market share as these pumps are used in almost all the industries for fluid transfer applications.
The Diaphragm Pumps Market is expected to grow at ~6.20% CAGR during the forecast period.
Market Research Analysis
Asia-Pacific is estimated to be the fastest growing market for diaphragm pumps.
Region wise, in 2017, Asia-Pacific held the largest market share of the Diaphragm Pumps Market. It is estimated that Asia-Pacific would be the largest market during the forecast period, owing to the increasing investments in water wastewater and chemicals industry where diaphragm pumps are majorly used. The countries such as China, India, and Japan are driving the growth of diaphragm pumps in the Asia-Pacific market.
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Scope of the Report
This report provides an in-depth analysis of the Diaphragm Pumps Market, tracking two market segments across five geographic regions. The report studies key market players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, the Middle East Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Diaphragm Pumps Market by its type, end-use, and region.
By Operation
Single Acting
Double Acting
By Mechanism
Air Operated
Electrically Operated
By End-Use
Oil Gas
Food Beverage
Water Wastewater
Chemicals
Pharmaceuticals
Power generation
Others
By Region
North America
Asia-Pacific
Europe
Middle East Africa
South America
Key Players
The key players of Diaphragm Pumps Market are IDEX Corporation (US), Yamada Corporation (Japan), Flowserve Corporation (US), Ingersoll Rand (Ireland), Grundfos Holding A/S (Denmark), Xylem, Inc. (US), and SPX Flow (US). These companies have adopted new product development and contracts agreements as their key strategy to gain competitive position in the market. The other players in the global Diaphragm Pumps Market are Pump Solutions Group (US), LEWA GmbH (Germany), Verder International B.V. (The Netherlands), TAPFLO AB (Sweden), Leak-Proof Pumps (I) Pvt. Ltd. (India), All-Flo Pump Co. (US), AxFlow Holding AB (Sweden), and KNF Neuberger (Germany), among others.
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