Press release
Robust Growth on Horizon for Global Liquid Ring Vacuum Pumps Market: Key Insights, Major Drivers, and Forecast from 2024 to 2029
Liquid Ring Vacuum Pumps Market
Expect Strong Gains in the Liquid Ring Vacuum Pumps Market; Industry Rides the Waves of CAGR Growth and Emerging Trends
What Is The Projected Market Size Of The Global Liquid Ring Vacuum Pumps Market And Its Growth Rate?
The global liquid ring vacuum pumps market is on a robust growth trajectory:
• The market size has grown from $2.38 billion in 2024 to $2.6 billion in 2025 with a CAGR of 9.2%.
• Growth drivers include increased demand in process industries, expansion of environmental and water treatment applications, and a surge in the use of vacuum pumps in HVAC systems.
• Market size is expected to reach $3.64 billion by 2029, propelled by a focus on waste minimization and resource recovery in industries, and the expansion of vacuum technology in the semiconductor and electronics manufacturing sectors.
What Is Driving The Growth In The Liquid Ring Vacuum Pumps Market?
A primary driver of growth in the liquid ring vacuum pumps market is the rising investment in the oil and gas sectors. These sectors increasingly utilize vacuum pumps for a variety of processes such as cooling, distillation, and deaeration of caustic solutions. Investments in the downstream sector are particularly impactful, leading to a global increase of crude distillation unit (CDU) capacity by 1.7% annually. This increase creates a surge in demand for liquid ring vacuum pumps, firmly establishing the oil and gas sector as a key driver in market growth.
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Who Are the Key Players Driving Liquid Ring Vacuum Pumps Market Growth?
Significant players in the liquid ring vacuum pumps market include:
• Atlas Copco Airpower N.V
• Busch Vacuum Technics Inc.
• Dekker Vacuum Technologies Inc.
• Flowserve Corporation
• Gr?h?m ??r??r?t??n
• G?rdn?r D?nv?r
• PPI Pumps Pvt. Ltd.
• Samson Pumps A / S
• Schaft GmbH
• Tsurumi Manufacturing Co. Ltd
• Vooner FloGard Corporation
• Zibo Zhaohan Vacuum Pump Co. Ltd
• G??t (?D??)
• S?m??n ??r??r?t??n.
• ULVAC Inc.
• Agilent Technologies Inc.
• Tuthill Vacuum & Blower Systems
• Sterling SIHI GmbH
• Pfeiffer Vacuum GmbH
• Ebara Corporation
• Edwards Limited
• and others
What Are The Key Trends In The Liquid Ring Vacuum Pumps Market?
Key trends shaping the future of the liquid ring vacuum pumps market include:
• Transition towards energy-efficient and low-maintenance vacuum pumps
• Integration of IoT and condition monitoring for predictive maintenance
• Increased focus on waste minimization and resource recovery in industries
• Increased demand for specialized pumps for hazardous and corrosive environments
• Expansion of vacuum technology in semiconductor and electronics manufacturing
What Are The Segments Of The Global Liquid Ring Vacuum Pumps Market?
Key segments in the liquid ring vacuum pumps market are as follows:
• Stage: Single, Multiple
• Material: Cast Iron, Stainless Steel, Other Materials
• Capacity: < 500 cfm, 500 cfm- 1500 cfm, > 1500 cfm
• End Use: Chemical Processing, Oil And Gas, Power, Paper And Pulp, General Process Industries
Which Region Leads The Liquid Ring Vacuum Pumps Market?
The Asia-Pacific region led the liquid ring vacuum pumps market in 2024 and is also projected to clock the highest CAGR in the coming years. The dominance of this region is a result of its extensive manufacturing sector and demand for liquid ring vacuum pumps in different end-use industries.
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What Is Covered In The Liquid Ring Vacuum Pumps Market Global Market Report?
- Market Size Analysis: Analyze the Liquid Ring Vacuum Pumps Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Liquid Ring Vacuum Pumps Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Liquid Ring Vacuum Pumps Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Liquid Ring Vacuum Pumps Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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