Double Diaphragm Pumps Market Analysis:
As per the reports published by Market Research Future, the global double diaphragm pumps market is estimated to grow at a CAGR of 5.2% over the forecast period. The study also includes that the market would attain maximum valuation during the same period of expansion. Double diaphragm pump is a kind of positive displacement pump which employs compressed air as a source of power. The pumps come with two supple diaphragms which respond back and forth while creating a provisional chamber. The chamber takes in the fluid and discharges it through the pump. The diaphragms function as a partition wall between liquid and air. Double diaphragm pumps are of two primary types, electrically operated and air operated. The pumps find wide application in several industries for performing activities such as fluid transfer, low-pressure tasks requiring less than 8.5 bar pressure, and low-pressure spray. The immense fluid handling capacity of these pumps helps it to accommodate fluids such as viscous fluids, sticky fluids, corrosive chemicals, volatile solvents, creams, dirty water and abrasive slurry, smaller solids, oils, gels, pharma products, and shear-sensitive foodstuffs.
Market Highlights
Double diaphragm pumps are adaptable in function and design as they are capable of handling most media types. The double diaphragm market is primarily driven by the surging demand of double diaphragm pumps in the chemical sector and the increasing investments in water & wastewater industry. Water UK, for example, the representative community for water sector is planning to invest USD 65.5 billion (£ 50 billion) from 2020 to 2025. This will be done to enhance the services offered to the customers and to refurbish the water infrastructure. The refurbishing of the water infrastructure would need categorization of pumps for water supply and transportation. The mining sector has large requirement of diaphragm pumps. Consequently, any dip in the mining sector can restrict the development of the worldwide Double Diaphragm Pumps Market Share. The power generation sector as well as the pharmaceutical sector has also witnessed spurring demand. The growth of these industries is anticipated to offer a potential global market to the double diaphragm pumps.
Leading Players:
The crucial players of global diaphragm pumps market is listed as Ingersoll Rand (Ireland), Flowserve Corporation (US), IDEX Corporation (US), Leak-Proof Pumps (I) Pvt. Ltd. (India), Yamada Corporation (Japan), Xylem, Inc. (US), SPX Flow (US), Verder International B.V. (The Netherlands), Pump Solutions Group (US), LEWA GmbH (Germany), TAPFLO AB (Sweden), AxFlow Holding AB (Sweden), All-Flo Pump Co. (US), Grundfos Holding A/S (Denmark), and KNF Neuberger (Germany).
Global Double Diaphragm Pumps Market Segmentation
The global diaphragm market is broadly categorized by the operation, discharge pressure, mechanism, and end-user.
In terms of operation: Single acting and double acting are the segments.
In terms of mechanism: Air operated and electrically operated are the segments. Among these, the air-operated segment can lead to the market. The air operated diaphragm pumps are fundamentally leak-free as there are only stationary seals between wetted parts and the outside environment.
In terms of discharge pressure: Up to 80 bar, 80-200 bar, and above 200 bar are the segments. Up to 80 bars can occupy the largest share in the global diaphragm pumps market in the coming years.
The diaphragm pumps market, by end-use, includes power generation, food & beverage, oil & gas, chemicals, pharmaceuticals, water & wastewater, and more segments.
Regional Analysis
The global double diaphragm pumps market is dominated by North America. Double-diaphragm pumps find wide applications in the chemical industries. The rapidly developing infrastructure in the North America market is also reflecting an increased demand for double diaphragm pumps that will facilitate efficient water supply throughout the region. Additionally, the growth of double-diaphragm pumps market is also estimated to expand with the rise in the end-use sectors such as food and beverage, oil and gas, pharmaceutical, and power generation sectors.
Asia Pacific represents a lucrative market for double diaphragm pumps. The APAC market is estimated to grow owing to factors such as investment in water infrastructure, accelerating industrialization, and the growth in different industries such as water & wastewater treatment. Moreover, sectors such as the power, chemicals, oil & gas, surge in infrastructural development projects, rapid urbanization, and rising standards of living are responsible for stimulating the demand of double diaphragm pumps in the Asia Pacific market.
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