The Worldwide Diaphragm Pump Industry is Expected to Reach $7.3 Billion by 2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Global Diaphragm Pump Market Size, Share & Industry Trends Analysis Report to 2027" report has been added to ResearchAndMarkets.com's offering.
The Global Diaphragm Pump Market size is expected to reach $7.3 billion by 2027, rising at a market growth of 5.2% CAGR during the forecast period.
A diaphragm pump, commonly referred to as a membrane pump, is a highly well-known type of positive displacement pump. In addition, in fluid pumping, a diaphragm pump combines the reciprocating action of a thermoplastic, Teflon, or rubber diaphragm with equivalent valves (flap valves, globe valves, check valves, butterfly valves, or any other type of valve) on both sides of the diaphragm.
Diaphragm pumps are commonly employed in a variety of factories because they can handle a wide range of fluids. Moreover, diaphragm pumps are known for their high viscous moveable property, which allows them to move liquids with high, medium, or low viscosity as well as liquids with high solid content. To handle a variety of severe chemicals, such as acids, this pump can be built from various body materials and membranes.
Pharmaceutical, oil and gas, food and beverage, and other industries rely heavily on diaphragm pumps. Additionally, some of the growth catalysts for the overall diaphragm pump market are increased global demand for medications, petroleum, and other food products and growing demand for diaphragm pumps in government projects.
A diaphragm pump is a positive displacement pump that employs a combination of reciprocating action and either a flapper valve or a ball valve to transfer liquids. It can be hydraulically or mechanically activated. In addition, Self-priming diaphragm pumps are good for thick liquids. Moreover, Diaphragm pumps are employed in almost every major industry and are typically used to transfer abrasive fluids such as concrete, acids, and chemicals. They're also widespread in cars and airplanes.
COVID-19 Impact Analysis
The COVID-19 pandemic has slowed the global movement of people, commodities, and services in most of the countries where the manufacturing of diaphragm pumps is widespread. A number of local, state, and national governments have imposed various restrictions on the conduct of business and travel, such as stay-at-home orders and quarantines, as part of their increased efforts to contain the spread of COVID-19, resulting in a significant number of business slowdowns and closures.
Market Growth Factors:
The massive demand for these pumps from the Water and Wastewater Industry
As the global demand for water grows, the amount of wastewater produced and the pollution load on the environment grows as well. As a result, governments all over the world have enacted severe policies and regulations for both urban and industrial wastewater treatment. Approximately two-thirds of the world's population lives in locations where water scarcity occurs at least once a year. Around half of the people who are affected by water, scarcity lives in India and China. As a result, demand for wastewater treatment, which is generated as a result of human and industrial sector water usage, is predicted to rise in order to increase water efficiency and meet water demands.
A growing number of technological developments
Many tiny diaphragm pumps have been developed as a result of technological breakthroughs, and their designs are quite simple. Moreover, diaphragm pumps include qualities such as variable flow control, minimal maintenance costs, and little downtime that make them excellent for a wide range of applications. Diaphragm pumps are well suited to carry poisonous and corrosive fluids without leakage in various offshore drilling applications. In addition, the development of air-operated double diaphragm pumps for the movement of liquids containing big solids without the use of electricity.
Market Restraining Factors
Costs of installation and monitoring are significant
The presence of various types of pumps that serve the same purpose, such as submersible water pumps, agitation pumps, progressive capacity pumps, and other high-pressure pumps is expected to pose a serious threat to the industry players. Moreover, these pumps are being used intensively around the world. In addition, there have been technical improvements in alternative solutions for traditional pumps, such as solar pumps in the last few years. Further, Water hammering is a problem that can occur with air-operated double diaphragm pumps. Furthermore, pulsation is linked to diaphragm pumps, creating vibration and so limiting their use in certain applications. Also, many local people are offering alternative products at a lower cost along with better marketing strategies.
Scope of the Study
Market Segments Covered in the Report:
- Air Operated
- Electrical Operated
By Discharge Pressure
- Up to 80 bars
- 80 to 200 bars
- Above 200 bars
- Double Acting
- Single Acting
By End User
- Water & Wastewater
- Oil & Gas
- Chemicals & Petrochemicals
- Food & Beverage
- North America
- Asia Pacific
Key Market Players
- GemmeCotti srl
- Graco Inc. (Newell Brands Inc.)
- Grundfos Holding A/S
- Tapflo Group
- LEWA GmbH
- Xylem, Inc.
- Dover Corporation
- Flowserve Corporation
- IDEX Corporation (Phantom Controls, Inc.)
- Ingersoll Rand Inc.
For more information about this report visit https://www.researchandmarkets.com/r/kx89i2
Laura Wood, Senior Press Manager
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