Press release
Strong Growth Ahead: Diaphragm Pump Market Size To Grow At Arecord 8.3% Cagr By 2029
The Diaphragm Pump Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Diaphragm Pump Market Size Expected to Be by 2034?
In recent years, the diaphragm pump market has seen substantial growth. The size of the market is projected to increase from $6.58 billion in 2024 to $7.13 billion in 2025, with a compound annual growth rate (CAGR) of 8.4%. The market expansion seen in the historic period is a result of several factors. These include the growing chemical processing and petrochemical industries, increasing demand for flawless and leak-proof pumping solutions, expansion of facilities treating water and wastewater, the use of diaphragm pumps in the processing of food and beverages, and strict regulations regarding emissions and leakage in industrial processes.
The diaphragm pump market is set for significant expansion in the coming years, with a predicted worth of $9.8 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.3%. Multiple factors contribute to this anticipated growth during the forecast period, including oil and gas exploration and production activities, the increased use of diaphragm pumps in agriculture and irrigation. Also, growth in developing and emerging economies, the pharmaceutical industry's demand for hygienic and aseptic pumping solutions, along with an emphasis on energy efficiency and reducing operational costs. Key trends over the forecast period encompass advanced material technologies, the integration of Internet of Things (IoT) and remote monitoring, AODD (air-operated double diaphragm) pump technology, hygienic and sanitary diaphragm pumps, pulsation dampening technologies, and multiphase and high-pressure applications.
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What Are the Emerging Segments Within the Diaphragm Pump Market?
The diaphragm pump market covered in this report is segmented -
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
Subsegments:
1) By Air Operated: Double Diaphragm Pumps, Single Diaphragm Pumps
2) By Electrically Operated: Electric Diaphragm Pumps, Solenoid-Driven Diaphragm Pumps, Motor-Driven Diaphragm Pumps
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What Long-Term Drivers Are Shaping Diaphragm Pump Market Trends?
The surge in the requirement for oil and gas is anticipated to stimulate the expansion of the diaphragm pump market. In the upstream and midstream stages of oil refinement, diaphragm pumps are utilized to pull oil and gas into a refinery chamber. These pumps are highly resistant to wear and have the ability to move vast quantities of liquid in refineries situated above large oil reserves. With the growth of economies, the usage of energy escalates, particularly for the transportation of products and materials from manufacturers to consumers. For instance, the U.S. Energy Information Administration (EIA), a governmental agency in the U.S., reported that oil consumption saw an increase of roughly 100 million barrels per day (b/d) in 2024 in January 2023. Thus, the escalating demand from the transportation industry for oil and gas is projected to propel the market in the anticipated period.
Who Are the Top Competitors in Key Diaphragm Pump Market Segments?
Major companies operating in the diaphragm pump market include 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, Lewa GmbH, Lutz Pumpen, Pump Solutions Group, Tapflo AB, Verder International BV, Xylem Inc., Yamada Corporation, ARO Fluid Management, Blagdon Pump, Cole-Parmer, Crane Engineering, Dover Corporation, Finish Thompson, Flowrox, Flux Pumps Corporation, Graco Inc., GRI Pumps, KNF Neuberger, Milton Roy, Neptune Chemical Pump Company, Nikkiso, Pacer Pumps, ProMinent Fluid Controls, Sandpiper Pump, Sera GmbH, Versa-Matic Pump, Viking Pump, Wanner Engineering, Watson-Marlow Fluid Technology Group, Wilden Pump
What Diaphragm Pump Market Trends Are Gaining Traction Across Different Segments?
The advancement of product innovation is significantly moulding the diaphragm pump industry. Business entities participating in the market are prioritizing the development of diaphragm pumps that not only offer high efficiency but are also environmentally friendly. In a case in point, Graco Inc, a US firm specializing in fluid-handling systems and products, launched a QUANTM pump in June 2023. This pump features a revolutionary electric motor design that is up to 8 times more efficient than its traditional pneumatic counterparts. Its versatility makes it appropriate for almost any fluid transfer application, and it comes in an array of construction materials to cater to a diverse range of industrial and hygienic applications, including chemical processing, water treatment, paint manufacturing, and the food and beverage and pharmaceutical sectors among others.
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Which Regions Are Becoming Hubs for Diaphragm Pump Market Innovation?
Asia-Pacific was the largest region in the diaphragm pump market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the diaphragm pump market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Diaphragm Pump Market?
2. What is the CAGR expected in the Diaphragm Pump Market?
3. What Are the Key Innovations Transforming the Diaphragm Pump Industry?
4. Which Region Is Leading the Diaphragm Pump Market?
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