The market for diaphragm pump is expected to grow at a noticeable rate throughout the forecast timeframe from 2020 to 2027.
Diaphragm Pump (DP) or a positive displacement pump is also called a membrane pump. These are widely used across a lot of industries to handle an extremely wide range of fluids including hard chemicals like acids. The inner surface of the pump is made up of raw materials like polytetrafluoroethylene (PTFE) or Teflon and possesses high flexibility, oil-free pumping, high pumping speed, precise mechanics, self-priming capability, and corrosion resistance, which makes these pumps ideal for industrial use. The other features of the diaphragm pump include filter press, dewatering, and spraying & cleaning among others. Moreover, these pumps are used to transfer the fluids with high, low, or medium viscosities & also fluids with huge solids content.
Market Dynamics
The ongoing development in the water, wastewater, & sanitation sector as well as increasing demand for diaphragm pumps in the chemical industry is driving the market growth. The increasing demand from end-user industries of developing economies, such as oil and gas, water and wastewater, chemicals and petrochemicals, and food and beverage is supporting growth. The increasing number of onshore and offshore fields coupled with the growing exploration and production activities are expected to make a shift toward offshore ultra-deepwater projects in near future. Additionally, the development of water and wastewater infrastructure in developing economies on an immediate basis or as a goal for sustainable development is further projected to provide potential opportunities throughout the forecast timeframe from 2020 to 2027.
On the other side, the technological advancements in the alternative options of pumps, such as solar pumps, are expected to hamper the market growth during the forecast period.
Segment Instance
The global diaphragm pump market is segmented on the basis of mechanism, operation, end-use, and geography. Based on the mechanism, the market is divided into mechanical, hydraulic, solenoid, and air. By operation, market segments include single acting and double acting. By end-use, the market is divided across water & wastewater, oil & gas, chemical & petrochemical, pharmaceutical, food & beverages, and others. By geography, the market is divided across North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. Additionally, the aforementioned regions are further segregated into the major countries of the respective regions.
The growing demand for diaphragm pumps from the oil and gas industry along with the increasing exploration projects in deeper offshore regions is supporting the market growth. The rising focus towards the wastewater sector in order to meet the increasing demand for water is further expected to accelerate the growth over the forecast period from 2020 to 2027. Diaphragm pumps are used as metering pumps in the water treatment industry and as vacuum pumps in various other industries like chemical, food & beverages, and pharmaceuticals for process operations.
Asia Pacific dominated the market with maximum revenue share
In 2019, Asia Pacific region is leading the diaphragm pump market with a major share (%) in terms of revenue in the global market. The region is also projected to maintain its dominance during the estimated period along with the maximum CAGR (%) from 2020 to 2027. The developing economies of the region along with their developing infrastructure are supporting the market growth. The rapid development in the industries including water & wastewater, chemical & petrochemical, oil & gas, pharmaceutical, and food & beverages is contributing to the regional market value. The increasing population and discretionary income are other factors projected to support the regional market growth.
Key Market Players
The players profiled in the report include Pump Solutions Group, Idex Corporation, Yamada Corporation, Lewa GmbH, Verder International B.V., Ingersoll-Rand PLC, Flowserve Corporation, Grundfos Holding A/S, Xylem, Inc., Tapflo AB, and Leak-Proof Pumps (I) Pvt. Ltd. The major market players were involved in mergers and acquisitions, partnerships & collaborations, and new product development for the expansion of market share.
Market Segmentation
Market By Mechanism
Mechanical
Hydraulic
Solenoid
Air
Market By Operation
Single Acting
Double Acting
Market By End Use
Water & wastewater
Oil & Gas
Chemical & Petrochemical
Pharmaceutical
Food & Beverages
Others
Market By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
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