Diaphragm Pump Market - By Mechanism (Mechanical, Hydraulic, Solenoid and Air), By Action (Single Acting, Double Acting), By Discharge Pressure (Up to 80 Bar, 80 Bar to 200 Bar, Above 200 Bar), By End User (Water & Wastewater, Ceramic, Oil & Gas, Food & Beverages, Chemicals, Pharmaceuticals, Others), By Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa), - Global Opportunity Analysis and Industry Forecast, 2020 – 2030

Diaphragm Pump Market was valued at USD 5.7 billion in 2020 with a CAGR of 6% from 2020-2030. Growing demand from end user industries such aschemicals & petrochemicals, water & wastewater,  oil & gas, food & drink, etc. In addition, due to rising demand for oil & gas, oil price recovery, and increasing numbers of offshore & onshore &  fields reaching maturity, exploration & production activity is expected to migrate to deeper offshore regions, resulting in increasing ultra deepwater offshore projects. In turn this is expected to boost the diaphragm pumps' demand during the forecast era. However, technological developments in traditional pump alternative solutions, such as solar pumps, are expected to hinder the pump market during the forecast era.

Market Dynamics and Factors:

Rising near shore and overseas exploration activities in the oil and gas industry across different regions are expected to increase demand growth in this sector over the next few years due to high energy fuel consumption. The U.S. In 2016 Energy Department (DOE) has adopted new energy efficiency requirements for pumps to save large energy volumes while being technologically feasible and economically appropriate. Pump manufacturers in the various countries have been instructed to be compliant with the new regulations by 2020. Due to these alterations in industry measures, manufacturers are aiming to work on highly-efficient products, which will have an affirmative impact on the diaphragm pump market growth.

Market Segmentation:

Based on the mechanism, the market is segregated into, discharge pressure,  action and end user. By mechanism, the market is segmented into solenoid mechanical, hydraulic and air. By action, the market is classified into Double Acting, Single Acting. By discharge pressure, the market is bifurcated into  80 Bar to 200 Bar, Up to 80 Bar, Above 200 Bar. Considering end user, the market is categorized into Food & Beverages,   Ceramic, Oil & Gas, Pharmaceuticals, Water & Wastewater, Chemicals and Others. Geographic segmentation of the diaphragm pump market consists  North America, Europe, Asia-Pacific, and RoW.

Geographic Analysis:

In the forecast period Asia Pacific region will escalate the sector. Increase in  foreign direct investment and increasing urbanization will lead the growth of the diaphragm pump market in Asia Pacific. In addition, increasing demand for energy fuel due to the massive population can increase demand in diaphragm pump market further.

Strong market for pumps with diaphragms in countries such as France, Germany, UK. And in Europe, Italy has powered demand in that market. Europe is second in sales, owing to a strong demand from the pharmaceutical, petrochemical, food and beverage industries. In addition, the Middle East and East Africa and Africa need better and advanced treatment of water and wastewater management which will boost demand for diaphragm pumps in this area.

Competitive Scenario:

Diaphragm pump manufacturers are adopting key market strategies such as mergers, acquisitions and expansions to gain competitive edge. The key players of global diaphragm pump market are Dover Corp Inc.; Graco, Inc.; Flowserve Corp.;  Xylem, Inc.; SPX Flow, Inc.; Grundfos; Idex Corp.; Verder International B.V.; Tapflo Group; Yamada Corp.; and LEWA Group.

Diaphragm Pump Market Report Scope