Press release
Liquid Ring Vacuum Pumps to Witness a Rise of US$ 2,871.3 Mn by 2024
“Global LRVP market will witness promising growth in the first half of the forecast period (5.5% CAGR), which will incur a slight dip post-2020, (4.9% CAGR). However, the overall CAGR of the market estimated for 2016-2024 is estimated at 5.2%
According to “Global Liquid Ring Vacuum Pumps Market Industry Analysis and Forecast 2016-2024,” the global liquid ring vacuum pumps market will reach US$ 2,871.3 Mn by the end of the forecast period.
View and Download TOC of Liquid Ring Vacuum Pumps Market Report@
www.persistencemarketresearch.com/market-research/liquid-...
– Research Analyst, Industrial Automation Domain, Persistence Market Research
Regional analysis indicates that the US$ 535 Mn North American market will rule the roost with an estimated 6% CAGR over 2016-2024. Towards the close of 2024, this region is expected to attain revenues worth US$ 851.1 Mn. Latin America, Europe, and Asia Pacific are identified to be the next key markets for LRVP. North America, Europe, and APAC will collectively hold a whopping 75% share of the total market size in 2024.
In terms of capacity, 500-1500 cfm segment will continue to lead with the maximum revenue sales, followed by < 500 cfm segment. However, < 500 cfm segment will possibly thrive fastest at a CAGR of 5.2%, followed by > 1500 cfm segment with an estimated 4.4% CAGR over 2016-2024.
Request and Download Sample Report@www.persistencemarketresearch.com/samples/12991
Considering material type, cast iron segment will continue dominance with over 60% value share, reaching a value of US$ 1,718.2 Mn in 2024. This segment will also demonstrate the fastest CAGR of 5.3% over the forecast period. Stainless steel segment will also grow moderately at 5%, attaining a value worth US$ 876 Mn in 2024.
Based on the end-use industry, oil and gas sector will retain dominance over others, with over US$ 931 Mn by the end of 2024 in terms of revenues. Chemical processing and general process industries will continue to maintain the second and third largest segments respectively. Among these, general process industries will display a higher CAGR of 5.8% over 2016-2024, bagging the revenues of over US$ 511 Mn. Paper and pulp, and power segments are expected to grow steadily throughout the assessment period.
Dekker Vacuum Technologies Inc., Busch Vacuum Technics Inc., Flowserve Corporation, Tsurumi Manufacturing Co., Ltd., Atlas Copco Airpower N.V., Gardner Denver Nash LLC, Tuthill Vacuum & Blower Systems, and Graham Corp. are some of the key players that constitute the competitive landscape of the global liquid ring vacuum pumps marketplace. Persistence Market Research’s report includes in-depth profiling of key companies.
Buy Full Liquid Ring Vacuum Pumps Market Report
@www.persistencemarketresearch.com/checkout/12991
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Liquid Ring Vacuum Pumps to Witness a Rise of US$ 2,871.3 Mn by 2024 here
News-ID: 731463 • Views: …
More Releases from Persistence Market Research
Europe Automotive Heat Exchanger Market to Reach US$ 8.9 Billion by 2031, Exhibi …
The Europe automotive heat exchanger market has been witnessing steady growth, driven by the rapid evolution of vehicle technologies, stricter emission norms, and the widespread adoption of electric and hybrid vehicles. According to Persistence Market Research, the market is valued at US$ 6.4 billion in 2024 and is projected to reach US$ 8.9 billion by 2031, expanding at a CAGR of 4.9% during the forecast period from 2024 to 2031.…
Digital Crosspoint Switches Market Anticipated to Hit USD 52.5 Billion by 2032
Overview of the Digital Crosspoint Switches Market
The global digital crosspoint switches market is expected to be valued at US$ 28.9 billion in 2025, with projections to reach US$ 52.5 billion by 2032, growing at a robust CAGR of 8.9% during the forecast period. This growth is fueled by the surging need for high-speed data transmission, the expansion of next-generation telecommunications networks, and the increasing deployment of data centers worldwide. As…
Multiformat Transcoders Market Estimated to Grow at 8.6% CAGR by 2032
Overview of the Multiformat Transcoders Market
The global multiformat transcoders market is poised for remarkable expansion, with an estimated valuation of US$ 1.3 billion in 2025, projected to reach US$ 2.3 billion by 2032. This growth trajectory represents a robust CAGR of 8.6% during the forecast period (2025-2032). The market's expansion is driven by the surging demand for high-quality video streaming, advancements in cloud-based transcoding technologies, and the rising consumption of…
Automotive Bearing and Clutch Component Aftermarket Set for 4.5% CAGR Growth, Su …
The global automotive bearing and clutch component aftermarket is poised for steady expansion over the forecast period. According to the latest findings from Persistence Market Research, the market is projected to grow from an estimated US$ 5.3 billion in 2024 to approximately US$ 7.2 billion by 2031, reflecting a compound annual growth rate (CAGR) of 4.5%. This market covers the replacement of bearings, clutch kits, and related clutch components that…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
