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Global Dry Vacuum Pumps Market to Witness Soaring Growth During 2017 - 2027

05-10-2018 12:49 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Global Dry Vacuum Pumps Market to Witness Soaring Growth During

Dry vacuum pumps do not use any type of fluid to create a vacuum or contact the process gas. Their design is characterized by timing gears with oil reservoirs and close clearances between the rotors and housing. All types of dry vacuum pumps run hot, as there is no liquid to remove the heat created by compression of the gas. Engagement of a cooling jacket to normalize the dry vacuum pump’s internal temperature is done to prevent excessive heating of the pump, which could cause pump failure. Cast iron or ductile iron are low-cost materials of construction, which provide an economical advantage to the manufacture of dry vacuum pumps. This has also been leading to affordable costs and thereby increased popularity of dry vacuum pumps, along with the added benefit of limited rise of heat inside them.

Dry running vacuum pumps find applications where there is, a growing demand for uncontaminated vacuum i.e. free from oil or service liquid, a requirement for low operating pressures, a flexibility required from batch processes, concern about storage and disposal costs of service liquids and the pressure to minimize life-cycle costs.

As dry vacuum pumps run hot, they possess the ability to handle corrosive vapours even with usage of standard iron as their material of construction. This is so because, corrosion normally occurs in moist condition, which is absent in the case of functioning of dry vacuum pumps.

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Considering the numerous advantages of dry vacuum pumps and their multiple applications across industries, the study of global dry vacuum pumps market becomes an important read.

Dry Vacuum Pumps Market: Market Segmentation

On the basis of product type, the global dry vacuum pumps market is segmented as follows:

Rotary lobe design dry vacuum pumps

Rotary screw type dry vacuum pumps

Hook and claw type dry vacuum pumps

On the basis of application type, the global dry vacuum pumps market is segmented as follows:

Chemical

Industrial

Dry Vacuum Pumps Market: Key Trends, Drivers

There has been a rising need for eradicating process contamination, particularly in the manufacture of semiconductors, scientific equipment, electronics, foods and specific chemical products. This is expected to drive the market of dry vacuum pumps such as screw and claw pumps, at a global level. It should be noted that the robust growth of the semiconductor industry has already been leading to a considerable rise in the market growth of dry vacuum pumps, as a typical semiconductor industrial unit needs around 750 dry vacuum pumps.

Also, a recent trend observed is that number of applications of dry vacuum pumps in the chemical processing industry are on the rise, along with the surge in demand for dry vacuum pumps from the pharmaceutical and biotechnology industries. This is expected to drive the global market growth of dry vacuum pumps in the next few years.

Also, as dry vacuum pumps represent energy efficient, long-lasting and progressive pumping solutions, their demand is expected to be on the rise in terms of volume as well as new industrial applications in the future. Dry vacuum pumps also find applications in batch processes and help eliminate the storage and disposal costs of service liquids and thereby, considerably reduce life-cycle costs.

In recent times, dry vacuum pumps are being increasingly used to pump extremely hazardous gases in a broad range of processes. As the manufacturers of chemicals have recently been introducing new features, driving an emerging trend for vacuum to be seen as a utility, the market demand for dry vacuum pumps is expected to rise exponentially in the near future.

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Dry Vacuum Pumps Market: Market Participants

Some of the examples of the market participants in the global dry vacuum pumps market identified across the value chain include:

Gardner Denver Nash

Everest Blowers Pvt. Ltd.

Sterling SIHI GmbH

Graham Corporation

Busch Group

Atlas Copco Airpower n.v.

Edwards Vacuum LLC

Wintek Corporation

ANEST IWATA Corporation

Leybold

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

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