Diaphragm Pump Market Size,Share, Global Sector / Industry Report & Analysis 2020, & Forecast 2021-2026 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Global Diaphragm Pump Market


The global Diaphragm Pump market size is projected to reach US$ 7.71 billion by 2026, from US$ 5.59 billion in 2020, at a CAGR of 5.5% during 2021-2026. Rise in investments in water treatment facilities and oil and gas industry are expected to be the key factors driving the global market over the estimated period. Increasing demand for fresh water as a result of growing population along with rapid industrialization and urbanization has amplified the market growth in emerging regions.

Water treatment helps remove toxic elements from the water with the help of chemical and physical separation processes. Diaphragm pumps can handle highly viscous fluids, liquids with solid particles, hazardous materials or liquids that are mainly used in water treatment industry. Thus, they are used in applications including bulk transfer, refining, circulation drilling mud transfer, waste processing, refueling, loading and unloading, and wellhead injection.

Increasing activities in onshore and offshore exploration in the oil and gas industry across various regions, owing to high consumption of energy fuels, are anticipated to augment market growth in this sector over the next few years. In 2016, the U.S. Department of Energy (DOE) introduced new energy conservation standards for pumps, with a view to conserve substantial volumes of energy while being technically viable and economically acceptable.

Pump manufacturers in the region have been instructed to be compliant with the new regulations by 2020. Due to these changes in standards, manufacturers are focusing on developing highly-efficient products, which, in turn, will have a positive impact on the growth of diaphragm pump industry.

Market Segmentation, Outlook & Viewpoint: Global Diaphragm Pump Market

Operation Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025)

  
Single Acting
  
Double Acting

Mechanism Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025)

  
Air Operated
  
Electrically Operated

End Use Market Segmentation & Outlook (Revenue, USD Billion, 2014 - 2025)

  
Water & wastewater
  
Oil & Gas
  
Chemical & Petrochemical
  
Pharmaceutical
  
Food & Beverages
  
Others

Key Players, Recent Developments & Regional Insights: Global Diaphragm Pump Market

On the basis of end use, the market has been categorized into water & wastewater, oil & gas, chemical & petrochemical, pharmaceutical, food & beverages, and others. Among these, oil & gas and water & wastewater are the major application areas. In terms of revenue, oil & gas segment held the highest market share and is likely to reach at USD 1.44 billion by 2025.

The water & wastewater segment also accounted for a significant share of the global market in the past and is predicted to expand further over the forecast period. The chemical & petrochemical segment is projected to witness a CAGR of 6.2 % during the forecast period.

Regional Insights

Asia Pacific is estimated to be the dominant regional market over the forecast period. China, India, and Japan are some of the prominent countries that are anticipated to influence the global, as well as regional, market during the forecast period. High demand in energy fuel due to growing population and foreign direct investments along with rapid urbanization is the key factor propelling the market growth in APAC region.

The Europe regional market consists of major countries including Germany, France, Italy, and U.K. among other Eastern and Central European countries. It was the second-largest regional market, in terms of revenue, in 2017 owing to high product demand from several end use sectors, such as include food & beverage and chemicals & petrochemicals.

MEA is expected to be the fastest-growing region during the estimated period. The region has a large number of water and wastewater treatment plants due to the lack of freshwater sources. Growing freshwater demand due to rising population is expected to drive the market further.

Diaphragm Pump Market Share Insights

Key industry participants include Dover Corp.; c, Inc.; Xylem, Inc.; Graco, Inc.; Flowserve Corp.; Idex Corp.; Grundfos; Verder International B.V.; Yamada Corp.; Tapflo Group; SPX Flow, Inc.; and LEWA Group. The companies are focusing on business strategies, such as heavy investments in R&D and novel product development, to maintain competitive edge over others.

Key Insights Covered: Global Diaphragm Pump Market

1. North America, Europe, Asia Pacific, Middle East & Africa, Latin America market size (sales, revenue and growth rate) of Diaphragm Pump industry.
2. Global major manufacturers operating situation (sales, revenue, growth rate and gross margin) of Diaphragm Pump industry.
3. Global major countries (United States, Canada, Germany, France, UK, Italy, Russia, Spain, China, Japan, Korea, India, Australia, New Zealand, Southeast Asia, Middle East, Africa, Mexico, Brazil, C. America, Chile, Peru, Colombia) market size (sales, revenue and growth rate) of Diaphragm Pump industry.
4. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Diaphragm Pump industry.
5. Global market size (sales, revenue) forecast by regions and countries from 2019 to 2024 of Diaphragm Pump industry.

Research Methodology: Global Diaphragm Pump Market

  
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
  
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
  
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among other