Press release
Future of the Liquid Ring Vacuum Pumps Market: Trends, Innovations, and Key Forecasts Through 2034
Liquid Ring Vacuum Pumps Market Size
Liquid Ring Vacuum Pumps Market Size Growth Forecast: What to Expect by 2025?
In recent times, the market size for liquid ring vacuum pumps has registered sturdy growth. The market, which was valued at $2.38 billion in 2024, is expected to swell to $2.6 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.2%. The past growth has been driven by factors such as the boom in process industries like pharmaceuticals, chemicals, and food & beverage, heightened demand for vacuum pumps in power generation and petrochemical plants, the need for efficient handling of vapor and gas in industrial processes, expansion in environmental and water treatment applications, and increased usage of vacuum pumps in hvac systems and air conditioning.
How Will the Liquid Ring Vacuum Pumps Market Size Evolve and Grow by 2029?
Anticipations point toward a robust expansion of the liquid ring vacuum pumps market in the coming years. The market's worth is forecasted to rise to $3.64 billion by 2029, reflecting a compound annual growth rate (CAGR) of 8.7%. Factors credited for the predicted growth during the forecast period include the shift toward energy-saving, low-maintenance vacuum pumps, the employment of IoT and condition monitoring for preemptive maintenance, industrial emphasis on waste reduction and resource recovery, increased need for specialized pumps for dangerous and corrosive conditions, and the application of vacuum technology in semiconductor and electronics manufacturing. Major trends set to appear during the projection period consist of smart sensors integration for condition monitoring, initiatives to minimize noise for quieter operations, attention on oil-free and contaminant-free vacuum systems, advanced pump systems for semiconductors and electronics, and the creation of ATEX-certified and intrinsically safe pumps.
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What Drivers Are Propelling the Growth of Liquid Ring Vacuum Pumps Market Forward?
The growth of liquid ring vacuum pumps is poised to accelerate due to increased investment in oil and gas industries. A surge in funding for these sectors, particularly the downstream sector, is fueling the demand for these pumps. They are primarily utilized in the oil and gas industry for diverse processes such as filling, filtering, chilling, crystallizing, distilling, deaerating of caustic solutions, recovering solvents, and many more. With a global investment of approximately $55 billion annually extending up to 2025 planned for new downstream oil refining and integrated chemical capacity, there's project for an annual expansion of 1.7 % in the global crude distillation unit (CDU) capacity. The impact of these investments will be a proliferation of liquid ring vacuum markets. As such, the escalating investments in the oil and gas industry are steering the growth of the market for liquid ring vacuum pumps.
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Which Emerging Trends Are Transforming the Liquid Ring Vacuum Pumps Market in 2025?
Product advancement is a significant trend gaining traction in the liquid ring vacuum pumps market. Key market participants are introducing innovative solutions designed to work efficiently in humid and dusty conditions, thereby ensuring consistent performance. In May 2022, Atlas Copco, an industrial manufacturing company based in Sweden, unveiled its new series, GHS 1402-2002 VSD+. This new product line stands out due to its superior performance, improved oil separation, compact structure, and innovative controller technology. Moreover, the GHS 1402-2002 VSD+ series is suitable for challenging vacuum applications, making it a first-rate selection for a wide array of uses such as thermoforming, food packaging, altitude simulation, woodworking lamination, clay extrusion, vacuum cooling and material handling applications like electronics pick and place, plus industries including paper, canning and woodworking.
What Are the Key Segments in the Liquid Ring Vacuum Pumps Market?
The liquid ring vacuum pumps market covered in this report is segmented -
1) By Stage: Single, Multiple
2) By Material: Cast Iron, Stainless Steel, Other Materials
3) By Capacity: < 500 cfm, 500 cfm- 1500 cfm, > 1500 cfm
4) By End Use: Chemical Processing, Oil And Gas, Power, Paper And Pulp, General Process Industries
Subsegments:
1) By Single Stage: Standard Single-Stage Liquid Ring Vacuum Pumps, Custom Single-Stage Designs
2) By Multiple Stage: Two-Stage Liquid Ring Vacuum Pumps, Multi-Stage Liquid Ring Vacuum Systems
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Who Are the Key Players Shaping the Liquid Ring Vacuum Pumps Market's Competitive Landscape?
Major companies operating 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, Kashiyama Industries Ltd., Kinney Vacuum Company Inc., Becker Pump Corporation, Elmo Rietschle, Pompetravaini S.p.A., Speck Pumpen Walter Speck GmbH & Co. KG, Robuschi S.p.A., Gardner Denver Holdings Inc., Sihi Group B.V.
What Geographic Markets Are Powering Growth in the Liquid Ring Vacuum Pumps Market?
Asia-Pacific was the largest region in the liquid ring vacuum pumps market in 2024. Asia-Pacific is expected to have the highest CAGR in the liquid ring vacuum pumps market share. The regions covered in the liquid ring vacuum pumps market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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