Visiongain Publishes Diaphragm Pump Market Report 2020-2030
03 August 2020
Visiongain has launched a new pharma report Diaphragm Pump Market Report 2020-2030: Prospects by Operation (Single Acting, Double Acting), Mechanism (Air Operated, Electrically Operated), End Use (Water & Wastewater, Oil & Gas, Chemical & Petrochemical, Pharmaceutical, Food & Beverages), and Geography.
The global diaphragm pump Market is projected to grow at a lucrative CAGR of ~xx% and anticipated to surpass USD xx billion by 2030.
A diaphragm pump or membrane pump is a type of positive displacement pump that pumps fluid using a sequence of diaphragm and valve reciprocating action. Diaphragm pumps are composed of a diaphragm, driving mechanism, two valves and a cavity for displacement. Such pumps are designed to handle different ranges of pressure and varying flow rates. The pump's internal layer consists of raw materials such as polytetrafluoroethylene (PTFE) or Teflon. The emergence of the market for diaphragm pumps also addressed the need for safe disposal of industrial effluents.
Technological advances have resulted in many compact diaphragm pumps being developed that are relatively simpler in design. This has resulted in an increase in diaphragm pump adoption in many industries, resulting in a steady growth of the market for diaphragm pumps during the forecast period. In addition, diaphragm pump features such as adjustable flow control, relatively lower maintenance costs and relatively lower downtime tend to make diaphragm pumps suitable for a wide range of applications.
Diaphragm pumps are well suited for transporting toxic and corrosive fluids without leakage in many offshore drilling applications, this tends to promote growth in the market for diaphragm pumps during the forecast period. It is expected that the introduction of air-operated double diaphragm pumps to transport liquids containing large solids without the use of electricity will drive the growth of the market for diaphragm pumps.
Increased investment in water treatment facilities and oil and gas industries are projected to be the key drivers of the global market over the estimated period. Increasing demand for freshwater has accelerated market growth in emerging regions as a result of the growing population along with rapid industrialization and urbanization.
Using chemical and physical separation processes, water treatment helps remove toxic elements from the water. Diaphragm pumps are capable of handling highly viscous fluids, solid particle liquids, hazardous materials or liquids mainly used in water treatment industries. They are therefore used in applications such as bulk transfer, refining, mud transfer of circulation drilling, waste processing, refueling, loading and unloading, and injection of the wellhead.
The global diaphragm market is dominated by the Asia Pacific region owing to rapid urbanization, 100% FDI, growing demand for fuel energy, growing awareness for clean drinking water, and growing construction activities in the region. The emerging economies like India, China, and Japan are anticipated to offer lucrative opportunities for revenue generation for the players operating in the diaphragm market owing to growing manufacturing industries, growing penetration of major players, and growing government investments among other contributing factors are anticipated to fuel market growth further.
Some of the major players operating in this industry are Dover Corporation, Flowserve, Grundfos Holding A/S, Idex Corporation, Ingersoll Rand, LEWA Group, Raco Inc., SPX Flow, Tapflo, Verder Group, Xylem Inc., Yamada Corporation, Grundfos Pumps Corp., Alltech Dosieranlagen GmbH, Depamu Pumps Technology Co., Ltd., Seko S.p.a among other prominent players.
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