Global Diaphragm Pumps Market Value Forecasted to Exceed USD 9.55 Billion by 2033, Driving at an Average 6.4% CAGR | FMI Study

The diaphragm pumps market is anticipated to thrive at a steady CAGR of 6.4% between 2023 and 2033. The market is expected to have a market share of USD 9.55 billion by 2033, while it is likely to be valued at USD 5.13 billion in 2023.

Industries dealing with chemicals, water-based waste, and the penetration of innovative ideas in agriculture are propelling market growth. Furthermore, the water logging issues in canals and sewers are also pushing authorities to upgrade their pumping technology.

A wide range of benefits includes enhanced head and self-priming capacity, dry running capacity, and higher resistance against abrasion and corrosion. These benefits help the pumping machine to go through everything without a hitch.

The explosion-proof technology also delivers a tremendous capacity for dewatering dense liquids involving rocks and other solids. The power is supported by self-cooling machinery that can work for longer periods.

The affordable pumping technology comes with easy maintenance and higher performance. The increased government budget for dewatering operations and restoration of certain industries is expected to push market growth.

The filter press functions, abrasive slurry, gels, pharmaceutical, and oil and chemical sectors are some industries that get benefitted out of diaphragm pumps.

 Key Points:

1. The United States market leads the North American diaphragm pumps market in terms of market share in North America. The United States held a market share of 20.5% in 2022. The factors attributed to the growth are the restoration of industrial development, new manufacturing and research facilities, and the authorities advancing agricultural operations.
2. The German diaphragm pumps market held a market share of 9.0% in 2022. Higher technological advancements in pumping machines and equipment, a wide range of industries, and rising agricultural innovation cause market growth.
3. The Indian market thrives at a steady CAGR of 7.5% between 2023 and 2033. The higher economic activities, increased impact of sewer logging during monsoon, and large agricultural sector.
4. The Chinese market also thrives at a CAGR of 7.2% during the forecast period.
5. Based on mechanism type, the electrically operated segment leads the market, as it held a market share of 42.3% in 2022.
6. Based on end use, the wastewater treatment strives as it accumulated a revenue share of 34.2% in the global market in 2022. The growth is attributed to higher consumption.

Competitive Landscape:

The key vendors focus on higher power, efficiency, and lower maintenance. The competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

Recent Market Developments:

• Transferring Fluid with Ease and Efficiency – PSG India, a Dover Company, has launched its air-operated diaphragm pumps with sheer sensitivity, self-priming, and run-dry facilities. The product offers applications for chemical processing, paint & coatings, and mining applications.
• Verder Group has introduced the Verderair HC-pure and Verderair VA with two maximum flow offerings ranging from 650 I/min to 1200 I/min.

Read More: https://www.openpr.com/news/2751130/diaphragm-pumps-market-size-is-anticipated-to-be-valued-at-us

Key Players:

• Graco Inc.
• Dover Corporation
• Tapflo AB
• Seepex GmbH
• Verder Group
• Flowserve Corporation
• IDEX Corporation
• Xylem Inc.
• SPX Flow Technology AB
• LEWA GmbH
• Yamada Corporation
• Ingersoll Rand Plc.

Diaphragm Pumps Market Segmentation Analysis:

By Mechanism:

• Air Operated Diaphragm Pumps
• Electrically Operated Diaphragm Pumps

By Application:

• Dewatering Diaphragm Pumps
• Filter Press
• Fluid Transfer
• Metering and Dispensing

By Operation:

• Single Diaphragm Pumps
• Double Diaphragm Pumps

End-use Industries:

• Construction Industry
• Wastewater Treatment
• Chemicals and Petrochemicals Industry
• Pharmaceutical Industry
• Food and Beverage Industry
• Printing and Packaging industry
• Paper and Pulp Industry

Key Regions Covered:

• North America
  • United States
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Europe
  • Germany
  • United Kingdom
  • France
  • Spain
  • Russia
  • Rest of Europe
• Japan
• Asia Pacific Excluding Japan
  • China
  • India
  • Malaysia
  • Singapore
  • Australia
  • Rest of Asia Pacific Excluding Japan (APEJ)
• The Middle East and Africa
  • GCC Countries
  • Israel
  • South Africa
  • Middle East and Africa (MEA)

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Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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