Press release
Diaphragm Pumps Market Size to Grow at a CAGR of 6.1% till 2023 | with IDEX Corporation, Yamada Corporation, Flowserve Corporation, Ingersoll Rand, Grundfos Holding A/S, Xylem, SPX Flow, Pump Solutions Group
Diaphragm pumps Market OverviewThe Diaphragm pumps Market is expected to expand at 6.20% CAGR during the period 2018 to 2023. Diaphragm pumps are positive displacement pumps which a combination of reciprocating action of diaphragm and suitable valves on side of diaphragm. The key features of diaphragm pumps are high variability, low noise level, long-life diaphragms, and permanently lubricated bearings.
These pumps can accommodate fluids such as corrosive chemicals, viscous and sticky fluids, dirty water and abrasive slurry, creams, gels, oils, volatile solvents, shear-sensitive foodstuffs, and so on.
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The increased use of diaphragm pumps in chemicals industry, ability to handle wide range of fluids, and low cost of diaphragm pumps are some of the major factors driving the diaphragm pumps market. In chemical industry, wide range of diaphragm pumps are deployed due to different characteristics of fluids and chemicals. Also, diaphragm pumps can easily handle aggressive, abrasive, flammable, and viscous fluids. Pumps are available in wide range and different materials which helps in pumping any chemical. diaphragm pumps are relatively inexpensive due to their operation and simple design. Due to its low cost and ability to handle wide range of fluids, end-users prefer diaphragm pumps, which is expected to boost the demand of diaphragm pumps.
Industry Segmentation
Diaphragm pumps market has been segmented on the basis of operation, mechanism, discharge pressure, and end-user.
On the basis of mechanism, the market is classified into air operated and electrically operated. Among these, air operated segment is expected to dominate the market.
The diaphragm pumps market is segmented into single acting and double acting based on operation.
On the basis of discharge pressure, the market is classified into up to 80 bar, 80-200 bar, and above 200 bar. Up to 80 bar is estimated to hold the largest share in the global diaphragm pumps market. The diaphragm pumps market is segmented by end-use as oil & gas, food & beverage, water & wastewater, chemicals, pharmaceuticals, power generation, and others.
Competitive Analysis
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.
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.
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Table Of Contents
1 Executive Summary
2 Market Introduction
2.1 Market Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Primary Research
3.2 Secondary Research
3.3 Market Size Estimation
3.4 Forecast Model
3.5 List Of Assumptions
3.6 Limitations Of The Study
4 Market Insights
5 Market Dynamics
Continued…….
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