Diaphragm Pumps Market Size Future Developments To 2030

Written by Harsh » Updated on: November 26th, 2024

According to the Market Statsville Group (MSG), the Global Diaphragm Pumps Market size is expected to grow from USD 5,929.4 million in 2021 to USD 9,932.9 million by 2030, at a CAGR of 5.9% from 2022 to 2030. The steadily increasing demand for oil and gas from the transportation, residential, and industrial sectors is the primary driver of market growth. Furthermore, the expanding amount of onshore and offshore exploration operations to fulfill rising fuel consumption is driving up demand for diaphragm pumps. Significant expenditures in water treatment plants have also increased the deployment of these pumps, which help remove harmful materials from very viscous fluids, liquids, and solids. They are also utilized for refining, bulk transport, waste processing, and wellhead injection.

Furthermore, several product advancements, such as introducing air-operated double diaphragm pumps that can pump liquids containing big solid particles and using digital technology that offers great accuracy, are boosting the market growth. Significant government expenditures in modernizing water infrastructure also boost the market's outlook.

Global Diaphragm Pumps Market Dynamics

Drivers: Increase in oil and gas production

Diaphragm pumps have many uses in the oil and gas industry, from discovery to processing to delivery to the customer, embracing the full value chain. The pandemic-induced lockdowns significantly lowered worldwide demand for oil and gas because transportation, the primary user of oil and gas, was halted. However, the gradual restoration of transportation and other industrial activity and the lessening of lockdown measures resulted in a substantial supply-demand mismatch for oil and gas. As per the International Energy Agency (IEA), worldwide oil consumption in 2022 would rise by 2.1 million barrels per day (mb/d) over 2021.

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Because of the widespread interruption of Russian oil production, the Russian invasion of Ukraine has also caused a worldwide oil supply shock. As a result, producers like the United States and the Organization of Petroleum Exporting Countries (OPEC) may increase their exploration and production operations to compensate for Russia's shortfall. As a result, the post-pandemic economic recovery and expansion, along with supply restrictions caused by the severe geopolitical environment, will lead to a rise in oil and gas exploration and production, potentially fostering the growth of the diaphragm pumps market over the forecast period.

Scope of the Global Diaphragm Pumps Market

The study categorizes the diaphragm pumps market based on mechanism, operation, discharge pressure, and end user at regional and global levels.

By Mechanism Outlook (Sales, USD Million, 2017-2030)

Air Operated

Electrically Operated

By Operation Outlook (Sales, USD Million, 2017-2030)

Single Acting Diaphragm Pump

Double Acting Diaphragm Pump

By Discharge Pressure Outlook (Sales, USD Million, 2017-2030)

Up to 80 Bar

80 to 200 Bar

Above 200 Bar

By End-Use Industry Outlook (Sales, USD Million, 2017-2030)

Water Treatment

Oil and Gas

Chemical

Pharmaceutical

Food and Beverage

Others

By Region Outlook (Sales, USD Million, 2017-2030)

North America

Canada

Mexico

Europe

Germany

Italy

France

Spain

Poland

Russia

The Netherlands

Norway

Czech Republic

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Indonesia

Malaysia

Thailand

Singapore

Australia & New Zealand

Rest of Asia Pacific

South America

Brazil

Argentina

Colombia

Rest of South America

The Middle East & Africa

Saudi Arabia

UAE

South Africa

Northern Africa

Rest of MEA

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Water and Wastewater segment accounts for the highest CAGR during the forecast period by end user

Based on the end user, the global diaphragm pumps market has been categorized into chemicals, water & wastewater, oil & gas, pharmaceuticals, food & beverage, and others (power generation, paint, mining, and pulp & paper). The water and wastewater segment is projected to grow at the fastest CAGR. Diaphragm pumps are among the most regularly utilized pieces of equipment in the water and wastewater treatment industries. These pumps are generally utilized in wastewater treatment operations for fluid transfer, metering, and dosing. These pumps are appropriate for use in this industry due to their relatively good solids handling capability. Governments all around the globe are enacting stringent regulations for the treatment of household and industrial wastewater before it is discharged downstream. If left untreated, this effluent may include dangerous contaminants that can affect the environment, animals, and humans.

Asia Pacific accounts for the largest market share by Region

Based on the regions, the global diaphragm pumps market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. The Asia Pacific dominated the market with the largest share due to the rise in population and is primarily responsible for the increase in industrial expansion. Countries such as China and India are expanding. The rapid development of the population has raised the need for water supplies, resulting in wastewater management. As a result, the market for diaphragm pumps is expected to grow. As a result, such market trends are likely to assist the Asia Pacific in dominating the overall market.

Key Market Players in the Global Diaphragm Pumps Market

The global diaphragm pumps market is highly competitive, with key industry players adopting strategies such as product development, partnerships, acquisitions, agreements, and expansion to strengthen their market positions. Most companies in the market are indulged in expanding business across regions, enhancing their capabilities, and molding strong partner relations.

Major players in the global diaphragm pumps market are:

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.

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