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Global Diaphragm Pump Market Report: Key Trends, Applications, Size, Share And Forecast To 2033
Diaphragm Pump Market
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the diaphragm pump industry. This report on diaphragm pump market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The diaphragm pump market size has grown strongly in recent years. It will grow from $6.1 billion in 2023 to $6.63 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to growth in chemical processing and petrochemical industries, demand for reliable and leak-proof pumping solutions, expansion of water and wastewater treatment facilities, adoption of diaphragm pumps in food and beverage processing, stringent regulations on emissions and leakage in industrial processes. the diaphragm pump market size is expected to see strong growth in the next few years. It will grow to $9.08 billion in 2028 at a compound annual growth rate (CAGR) of 8.2%.
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Key Market Players:
Flowserve Corporation, Grundfos Holding A/S, IDEX Corporation, Ingersoll-Rand PLC, Leak-Proof Pumps (I) Pvt. Ltd., All-Flo Pump Company, Blue-White Industries Ltd., Edwards Vacuum, Lewa GmbH, Lutz Pumpen, Pump Solutions Group, Tapflo AB, Verder International BV, Xylem Inc., Yamada Corporation, ARO Fluid Management, Blagdon Pump, Blue-White Industries, Cole-Parmer, Crane Engineering, Dover Corporation, Finish Thompson, Flowrox, Flux Pumps Corporation, Graco Inc., GRI Pumps, KNF Neuberger, Lutz Pumps, Milton Roy, Neptune Chemical Pump Company, Nikkiso, Pacer Pumps, ProMinent Fluid Controls, Sandpiper Pump, Sera GmbH, Tapflo, TAPPI, Verder Group, Versa-Matic Pump, Viking Pump, Wanner Engineering, Watson-Marlow Fluid Technology Group, Wilden Pump, Yamada Corporation
Market Drivers:
According to the Diaphragm pump Market Report 2024 by The Business Research Company, The growing demand for oil and gas will propel the growth of the diaphragm pump market. Diaphragm pumps are used to draw oil and gas into a refinery chamber during the upstream and midstream phase of oil refinement. These pumps are highly wear-resistant and can transport large volumes of liquid in refineries that are located over sizable oil sources. Energy consumption increases as economies grow, especially for transporting commodities and materials from producers to consumers.
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Market segments for diaphragm pump include:
1) By Mechanism: Air Operated, Electrically Operated
2) By Operation: Single Acting Diaphragm Pump, Double Acting Diaphragm Pump
3) By End-user: Water Treatment, Oil And Gas, Chemical, Pharmaceutical, Food And Beverage, Other End-users
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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