ID: MRFR/E&P/0389-CR | 172 Pages | Author: Chitranshi Jaiswal | July 2021
Air Operated Diaphragm Pumps Market Forecast, the global market is anticipated to have a CAGR of 5.3% and will have revenue of USD 2,467.1 Million during the forecast period 2022-2030.
$2,467.1 Million
5.3%
Asia Pacific
2022-2030
The detailed study of the global Air Operated Double Diaphragm Pumps Market insights indicates that during the forecast period 2022-2030, the global Air Operated Double Diaphragm Pumps Market Revenue is expected to reach USD 2,467.1 Million by the end of 2030. The market is expected to grow at a Compound Annual Growth Rate of 5.3%.
An air-operated double diaphragm pump is used to transfer fluid efficiently. These pumps use two flexible diaphragms that create a temporary chamber by moving back and forth and transferring fluid successfully. These pumps are in high demand as they are leak-free and can transfer highly viscous and abrasive fluid.
The global Air Operated Double Diaphragm Pumps Market Outlook shows that this industry is anticipated to show significant growth in the coming years.
The outbreak of the pandemic had affected the Air Operated Double Diaphragm Pumps Market negatively. Due to lockdown restrictions, non-availability of raw materials, and logistics problems, the supply chain of this industry was disrupted which resulted in negative growth.
In the post-pandemic period, the market is reviving and is expected to maintain steady growth.
The important market driver for this industry is the rapid growth in different industries such as food & beverage, pharmaceutical, chemical, water & wastewater, etc. Huge investment by key players, overall economic growth, and a surge in the demand for the water & wastewater sector are important factors that will boost the global Air Operated Diaphragm Pumps Market.
Despite several advancements in the sector of air-operated double diaphragm pumps, the operational cost is quite high as compared to other alternatives. This is an important factor that can restrain the growth of the Air Operated Diaphragm Pumps Market in the coming years.
The increasing demand for oil & gas as a fuel and surge in the deeper offshore oil exploration projects have created new opportunities for the Air Operated Diaphragm Pumps Market.
The air-operated pumps have other alternatives which are cost-effective and technologically advanced. This will be a challenge for the steady growth of the global Air Operated Diaphragm Pumps Market.
According to the Air Operated Diaphragm Pumps Market Forecast, the global market is expected to have a CAGR of 5.03% and will have revenue of 2 Billion during the forecast period 2022-2028.
The Air Operated Diaphragm Pumps Market Demand is expected to have consistent growth in the coming years. The growing concern for the environmental effects of water scarcity and wastewater, strict government policies, and reduction in the cost of wastewater treatment are going to open up Air Operated Diaphragm Pumps Market Opportunities.
The Air Operated Double Diaphragm Pumps Market Trends indicates that the value chain of this industry is continuously evolving. Due to the increasing demand from a wide array of industries such as food & beverage, pharmaceuticals, chemical, water & wastewater, and others, the Air Operated Double Diaphragm Pumps Market is expected to have noticeable growth during the forecast period.
The global Air Operated Double Diaphragm Pumps Market is fragmented into different segments based on valve type, material, pressure, size, application, and region.
Based on the region, the Air Operated Double Diaphragm Pumps Market is segmented into North America, South America, Europe, Asia-Pacific, and Africa & Middle East.
During the forecast period, the Asia-Pacific region will be the fastest-growing region and is expected to hold the largest Air Operated Double Diaphragm Pumps Market Share by 2028. Owing to an increase in investment in the food & beverage, pharmaceutical, chemical, oil & gas, and water & wastewater sectors, the Asia-Pacific region is expected to grow as per the projection. Due to increasing oil exploration projects and development of infrastructure, the Asia-Pacific region will create many Air Operated Double Diaphragm Pumps Market Opportunities in the coming years.
The continuous developments in the water & wastewater sector are expected to drive the Air Operated Double Diaphragm Market in North America.
The European region is also expected to grow steadily during the forecast period owing to the increasing investments in the water & wastewater sector.
Due to the growth in chemical, petrochemical, oil & gas, and water & wastewater sectors, the Middle East & Africa region is expected to have huge Air Operated Double Diaphragm Market Demand in the coming years.
In the South American region, in the countries such as Argentina and Brazil, there is rapid growth in pharmaceuticals, food & beverage, oil & gas, and water & wastewater sectors. So, the Air Operated Double Diaphragm Market will show considerable growth.
The global Air Operated Double Diaphragm Pumps Market Size is huge and dominated by many market players. The market players are taking up many strategies to ensure that the global Air Operated Double Diaphragm Pumps Market Growth remains steady in the coming years. The renowned market players of the Air Operated Double Diaphragm Pumps Market are:
These companies are going for new agreements, business expansions, new product launches, and acquisitions as important growth strategies.
The scope of this extensively prepared Air Operated Double Diaphragm Pumps Market Forecast report is to give important information about the global market. The Air Operated Double Diaphragm Pumps Industry is anticipated to have consistent growth during the forecast period. Owing to the consistent growth of the food & beverage and pharmaceutical sectors, the Air Operated Double Diaphragm Pumps Market Growth will be steady in the coming years.
Report Attribute/Metric | Details |
---|---|
  Market Size |   2030: USD 2,467.1 Million |
  CAGR |   5.3% (2022-2030) |
  Base Year |   2021 |
  Forecast Period |   2022-2030 |
  Historical Data |   2019 & 2020 |
  Forecast Units |   Value (USD Million) |
  Report Coverage |   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
  Segments Covered |   Valves, Material, Application |
  Geographies Covered |   North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
  Key Vendors |   Depa (Germany), PSG Dover group (US), IDEX Corporation (US), Graco Inc. (US), TapFlo (Sweden), Murzan (US), Debem (Italy), Verder International BV (Netherlands), Aro Inc. (US), DellMeco (Germany) and Yamada (US). |
  Key Market Opportunities |   Increasing dependence on the market supports several industries around the globe has doubled |
  Key Market Drivers | Rise in industrialization Requirement for various electricity purposes Various investments in modern, clean technologies |
By 2030, the air operated double diaphragm pumps market is assessed to be valued at USD 2,467.1 Million.
The market for air operated double diaphragm pumps is poised to strike 5.3% CAGR.
The segments of the air operated double diaphragm pumps market based on application are chemical, water treatment, oil & gas, cosmetics, marine, pharmaceutical, and others.
The players are Aro Inc. (US), IDEX Corporation (US), Depa (Germany), PSG Dover group (US), TapFlo (Sweden), Graco Inc. (US), Debem (Italy), Verder International BV (Netherlands), DellMeco (Germany), Murzan (US), and Yamada (US).
On the basis of valve, the segments are ball valve and flap valve.
The ball valve segment is anticipated to dominate the air operated double diaphragm pumps market.
By material, the segments are metal and plastic.
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