The Diaphragm Pumps Market is expected to experience growth, increasing from USD 3.38 billion in 2020 to USD 4.77 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 4.44% during the forecast period. The main driving factor for this market growth is the increased demand for Membrane Pumps in the Chemical Industry.
A Diaphragm Pumps is a type of displacement pump that utilizes the actions of membrane and valves to pump fluid. The market for membrane pumps has grown due to the need for safe disposal of industry effluents. Membrane pumps are mainly used as metering pumps in the water treatment industry and as vacuum pumps in the chemical, pharmaceutical, and food beverage industries. Other applications include dewatering, filter press, spraying cleaning. Membrane Pump is also known as Diaphragm Pumps.
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Membrane Pump Market: Notable Innovation
In recent years, the Membrane Pump Market has witnessed several notable innovations. One such innovation is the development of electric operated pumps that combine the advantages of an air-operated pump with the efficiency of an electric drive. These pumps are widely used in various industries due to their high efficiency. Another innovation is the use of membrane pumps for dewatering, filter press, spraying, and cleaning purposes. Additionally, advancements in membrane technology have led to the development of more durable and long-lasting membrane pumps. These innovations have contributed to the growth of the Membrane Pump Market and are expected to continue driving the market in the coming years.
For the purpose of this report, the market is segmented based on Release Pressure, Method, End user, and region:
- Release Pressure: Up to 80 bar, 80-200 bar, and above 200 bar
- Method: Air operated and Electric operated
- End user: Chemical Petrochemicals, Water Wastewater, Pharmaceuticals, Food Beverages, and Oil Gas
- Region: North America (U.S.), Europe (Germany and UK), Asia Pacific (China and India), Latin America (Brazil), and MEA.
Additional key findings from the report show that:
- The market for Membrane Pumps is segmented based on Release Pressure, with up to 80 bar, 80-200 bar, and above 200 bar segments. The up to 80 bar segment has the highest CAGR of 4.93%, and is the preferred category of membrane pumps in most industries, followed by the 80-200 bar and above 200 bar segments.
- The market is segmented based on Methods, with Air operated and electrically operated categories. Electric operated pumps combine the advantages of an Air Operated Pump with the efficiency of an electric drive and are mostly used in industries due to their high efficiency.
- The market is segmented based on end-user industries, including Chemical Petrochemicals, Water Wastewater, Pharmaceuticals, Food Beverages, and Oil Gas. The demand for membrane pumps is directly linked to the development in wastewater, water sanitation sector, and chemical industries. Additionally, the focus on safe disposal of wastewater and other effluents in different industries is also expected to boost its demand. The use of membrane pumps in the pharmaceutical and power generation industries is estimated to grow the market during the forecast period.
- The market is segmented across five regions, namely, North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (MEA), and Latin America. APAC is expected to dominate the market with the largest share of 37%.
- The major players in the Membrane pump market are TAPFLO AB (Sweden), Xylem, Inc. (U.S.), LEWA GmbH (Germany), Flowserve Corporation (U.S.), Grundfos Holding A/S (Denmark), Dover (US), EMEC(US), SEKO(US), SPX (US) and Pump Solutions Group (U.S.).
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