The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The Business Research Company’s Diaphragm Pump Global Market Report 2024 offers crucial insights into the diaphragm pump market help businesses analyse and build stronger strategies.

The diaphragm pump market has undergone robust growth, surging from $6.1 billion in 2023 to an anticipated $6.63 billion in 2024, boasting a Compound Annual Growth Rate (CAGR) of 8.7%. This growth in the historic period is attributed to the expansion of chemical processing and petrochemical industries, increasing demand for reliable and leak-proof pumping solutions, the proliferation of water and wastewater treatment facilities, adoption of diaphragm pumps in food and beverage processing, and the enforcement of stringent regulations on emissions and leakage in industrial processes. The market is poised for continued strength, expecting to reach $9.08 billion in 2028, driven by factors such as growth in oil and gas exploration and production activities, adoption of diaphragm pumps in agriculture and irrigation, market expansion in developing economies, and the ever-increasing demand for hygienic and aseptic pumping solutions in pharmaceuticals.

Factors Driving Growth in the Historic Period

• Growth in chemical processing and petrochemical industries
• Demand for reliable and leak-proof pumping solutions
• Expansion of water and wastewater treatment facilities
• Adoption of diaphragm pumps in food and beverage processing
• Stringent regulations on emissions and leakage in industrial processes

Factors Propelling Growth in the Forecast Period

• Growth in oil and gas exploration and production activities
• Adoption of diaphragm pumps in agriculture and irrigation
• Market growth in developing economies and emerging markets
• Demand for hygienic and aseptic pumping solutions in pharmaceuticals
• Focus on energy efficiency and reduced operational costs

Major Trends in the Forecast Period

• Advanced material technologies
• Integration of IoT and remote monitoring
• AODD (air-operated double diaphragm) pump technology
• Hygienic and sanitary diaphragm pumps
• Pulsation dampening technologies
• Multiphase and high-pressure applications

Global Energy Demand Fuels Market Growth: Rising Global Oil And Gas Demand For Diaphragm Pump Applications

The escalating demand for oil and gas is expected to be a key driver for the diaphragm pump market. Diaphragm pumps play a pivotal role in drawing oil and gas into refinery chambers during the upstream and midstream phases of oil refinement. With the world witnessing a significant increase in oil consumption, particularly in the transportation industry, diaphragm pumps have become indispensable for their wear-resistant properties and ability to transport large volumes of liquid. The market is poised to capitalize on the growing energy needs as economies expand, further fueling the demand for diaphragm pumps.

Noteworthy Industry Players

• Flowserve Corporation
• Grundfos Holding A/S
• IDEX Corporation
• Ingersoll-Rand PLC
• Leak-Proof Pumps (I) Pvt. Ltd.

Innovations in Diaphragm Pump Technology: Environmental-Friendly And Energy-Efficient Diaphragm Pump Innovations

Innovation takes center stage in the diaphragm pump market as companies focus on developing environmentally friendly and energy-efficient solutions. Graco Inc., a US-based fluid-handling systems and products company, introduced the Husky 3300e electric double diaphragm pump in 2021. This innovative pump offers a cost-efficient and eco-friendly solution for industries. The electric substitution eliminates the high costs associated with compressors and provides up to an 80% reduction in energy consumption compared to air-operated pumps.

Innovation Highlights

• Graco Inc.’s Husky 3300e electric double diaphragm pump

Industry Consolidation and Expansion: Industry Consolidation And Global Expansion Through Acquisitions

The diaphragm pump market has witnessed strategic acquisitions, showcasing industry consolidation and global expansion. In September 2021, Unibloc Pump, a US-based manufacturer of products for sanitary flow control applications, acquired Electronic Pumps, a UK-based producer of specialized air-operated double-diaphragm (AODD) pumps. This acquisition is anticipated to enhance Unibloc Pump’s business in the UK and Europe while fortifying its foothold in North America.

Notable Acquisition

• Unibloc Pump’s acquisition of Electronic Pumps

Diaphragm Pump Market Segmentation: Navigating Diversity

The diaphragm pump market’s diversity is navigated through comprehensive segmentation considering mechanisms, operations, and end-users. Mechanisms include Air Operated and Electrically Operated, operations are categorized as Single Acting Diaphragm Pump and Double Acting Diaphragm Pump, and end-users span Water Treatment, Oil And Gas, Chemical, Pharmaceutical, Food And Beverage, and other sectors.

Segmentation Breakdown

1. By Mechanism:
   • Air Operated
   • Electrically Operated
2. By Operation:
   • Single Acting Diaphragm Pump
   • Double Acting Diaphragm Pump
3. By End-user:
   • Water Treatment
   • Oil And Gas
   • Chemical
   • Pharmaceutical
   • Food And Beverage
   • Other End-users

Asia-Pacific Leads the Way: Regional Dynamics

Asia-Pacific emerges as the largest region in the diaphragm pump market in 2023, signifying its pivotal role in steering the industry’s growth. The region is expected to continue its dominance, emerging as the fastest-growing region in the forecast period, further underlining the global significance of Asia-Pacific in the diaphragm pump landscape.

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The Diaphragm Pump Global Market Report 2024  provides a comprehensive outlook of the diaphragm pump market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The diaphragm pump market forecast offers a thorough analysis on diaphragm pump market size, diaphragm pump market share, prominent players and their strategies.

The Table Of Content For The Diaphragm Pump Market Include:
1. Diaphragm Pump Market Executive Summary
2. Diaphragm Pump Market Segments
3. Diaphragm Pump Market Size And Diaphragm Pump Market Growth Rate
4. Key Diaphragm Pump Market Trends
5. Major Diaphragm Pump Market Drivers
……
25. Key Mergers And Acquisitions In The Diaphragm Pump Market
26. Top Diaphragm Pump Companies
27. Diaphragm Pump Market Opportunities And Strategies
28. Diaphragm Pump Market, Conclusions And Recommendations
29. Appendix

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