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 US$ 9.55 billion by 2033, while it is likely to be valued at US$ 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.
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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
- 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.
- 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.
- 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.
- The Chinese market also thrives at a CAGR of 7.2% during the forecast period.
- Based on mechanism type, the electrically operated segment leads the market, as it held a market share of 42.3% in 2022.
- 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.
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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.
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