Diaphragm Pump Market Analysis ,Key Vendors, Industry Trends And ForecastPosted by Neha Bora on October 3rd, 2019 San Francisco, 3 October 2019: The Report Diaphragm Pump Market Size, Share & Trends Analysis Report By End Use (Oil & Gas, Water & Wastewater), By Mechanism (Electrically Operated, Air Operated), By Operation (Single, Double Acting), And Segment Forecasts, 2018 – 2025 The global diaphragm pumps market size is anticipated to reach USD 7.32 billion by 2025, according to a new report conducted by Grand View Research, Inc. The market is estimated to witness a CAGR of 5.5% during the forecast period. High demand for fresh water due to growing population and industrialization across the globe is projected to boost the market development over the coming years. Rapid infrastructural development and urbanization along with technological developments are the major reasons behind augmenting the demand for energy fuels resulting in a rise in oil & gas and power sector. This factor is also expected to boost the demand for diaphragm pumps in the years to come. On the basis of operations, the market is segmented into single acting and double acting diaphragm pumps. In terms of revenue, the double acting diaphragm pump segment was valued at USD 3.82 billion in 2017 and is projected to hold the largest market share over the forecast period. Chemical & petrochemical end use segment witnessed a steady growth in 2017 and is expected to reach USD 1.20 billion over the forecast period. Chemical industry faces greater challenges as fluids, which are to be transferred, have numerous properties and diaphragm pumps have a capability to handle all types of fluids like flammable, volatile, abrasive, and viscous. Thus, the product is anticipated to witness high demand in the chemical & petrochemical industry. In terms of mechanism, air operated diaphragm pump segment market was valued at USD 3.14 billion in 2017 and is expected to witness robust growth over the period of forecast. Growing adoption of these pumps across diverse applications including chemical, oil & gas, and mining is likely to supplement the segment expansion by 2025. China had the major chunk of the global market share in 2017. The region is expected to witness rapid growth over the next few years on account of its highest population and resultant demand for energy fuel and fresh water estimated. Access Research Report of Diaphragm Pump Market @ www.grandviewresearch.com/industry-analysis/diaphragm-pump-market Further key findings from the study suggest:
Browse more reports of this category by Grand View Research at: www.grandviewresearch.com/industry/construction-and-utilities Grand View Research has segmented the global diaphragm pumps market on the basis of operation, mechanism, end use, and region: Diaphragm Pumps Operation Outlook (Revenue, USD Billion, 2014 - 2025)
Diaphragm Pumps Mechanism Outlook (Revenue, USD Billion, 2014 - 2025)
Diaphragm Pumps End Use Outlook (Revenue, USD Billion, 2014 - 2025)
Diaphragm Pumps Regional Outlook (Revenue, USD Billion, 2014 - 2025)
Access Press Release of Diaphragm Pump Market @ www.grandviewresearch.com/press-release/global-diaphragm-pump-market About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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