Press release
Diaphragm Pump Market Size to Reach US$ 4.6 Billion by 2028 | Industry CAGR of 4.8%
IMARC Group, a leading market research company, has recently releases report titled, "Diaphragm Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The study provides a detailed analysis of the industry, including the global diaphragm pump market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.Report Highlights
How big is the diaphragm pump market?
According to the report, The global diaphragm pump market size reached US$ 3.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.8% during 2023-2028.
What is diaphragm pump?
A diaphragm pump or membrane pump operates using different pressure and flow rates to handle fluids with multiple viscosities. It consists of a diaphragm, suction valve, pumping chamber, and delivery valve. It is widely employed for filling, dispensing, and metering fluids due to its efficiency and accuracy. It is also used to transfer liquids, such as corrosive chemicals, acids, volatile solvents, shear-sensitive food materials, sticky fluids, small solids, creams, abrasive slurry, oils, and gels. At present, it finds applications in water treatment, oil and gas, chemical, pharmaceutical, and food and beverage (F&B) industries.
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What are the growth prospects and trends in the diaphragm pump industry?
The growing global population and rapid urbanization are catalyzing the demand for wastewater treatment. This represents one of the primary factors positively influencing the market around the world. Apart from this, diaphragm pumps are employed in the upstream and midstream phase of an oil refinery chamber on account of their ability to transport large volumes of liquid at a low cost, which is creating a positive market outlook worldwide. Moreover, the rising demand for food products and medicines across the globe and the increasing adoption of diaphragm pumps on account of their easy maintenance and replacement, seal-less design, and self-priming ability is strengthening the growth of the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Mechanism:
Air Operated
Electrically Operated
Breakup by Operation:
Single Acting Diaphragm Pump
Double Acting Diaphragm Pump
Breakup by Discharge Pressure:
Up to 80 Bar
80 to 200 Bar
Above 200 Bar
Breakup by End-Use Industry:
Water Treatment
Oil and Gas
Chemical
Pharmaceutical
Food and Beverage
Others
Breakup by Region:
North America
Asia-Pacific
Europe
Latin America
Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
Dover Corporation
Flowserve Corporation
Graco Inc.
Grundfos Holding A/S
Idex Corporation
Ingersoll-Rand Inc.
Leak-Proof Pumps (I) Pvt. Ltd.
LEWA GmbH
Seepex GmbH
SPX Flow Inc.
Tapflo (Wuxi) Pumps Co., Ltd.
Verder International B.V.
Xylem Inc.
Yamada Corporation, etc.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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