Diaphragm Pumps Market Insights, Trends & Future Development Status Report

The global diaphragm pumps market is projected to grow at a CAGR of 5.3% from 2016 to 2021 to reach USD 3.48 Billion by 2021. Development in water, wastewater, & sanitation sector and demand for diaphragm pumps from the chemical industry are the major factors driving the market.

Some of the leading players in the diaphragm pumps market include Pump Solutions Group (U.S.), LEWA GmbH (Germany), Flowserve Corporation (U.S.), Grundfos Holding A/S (Denmark), Xylem, Inc. (U.S.), and TAPFLO AB (Sweden) among others. New product launches was the most common strategy adopted by the top players in the market, constituting more than one-third of the total development share. It was followed by expansions, contracts & agreements, and mergers & acquisitions.

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The report segments the diaphragm pumps market on the basis of its application in various end-user industries including water & wastewater, oil & gas, chemicals, pharmaceuticals, food & beverage, and others. Based on its discharge pressure, the diaphragm pumps market has been categorized in the following pressure ranges: up to 80 bar, 80 bar to 200 bar, and above 200 bar. The market has also been categorized on the basis of mechanism and operation into air operated & electrically operated and single acting & double acting, respectively.

The up to 80 bar market segment accounted for the largest size, in terms of value, in 2015. This category of diaphragm pumps is preferred in almost all end-user industries. It is followed by the 80 bar to 200 bar and above 200 bar segments, respectively.

In this report, the diaphragm pumps market has been analyzed with respect to five regions, namely, Asia-Pacific, North America, Europe, South America, and the Middle East & Africa. The Asia-Pacific region is currently the largest market, followed by North America and Europe respectively. Asia-Pacific would continue to dominate the market and is expected to grow at the fastest pace. 

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The demand for diaphragm pumps can be directly linked to the development in water, wastewater, & sanitation sector and chemical industries. Moreover, focus on safe disposal of wastewater and other effluents in different industries would also boost its demand. On the other hand, problems associated with pulsation could restrain growth to a certain extent, and downturn in the mining and oil & gas industries is a significant challenge of this market. However, diaphragm pumps have huge scope in the pharmaceutical and power generation industries.

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Akash Joined: June 21st, 2019