Thriving Trends: Future Market Insights Spotlights Flourishing Diaphragm Pumps Market in North America – FMIBlog

The market for diaphragm pumps is anticipated to be worth US$ 5.13 Billion in 2023 and to reach US$ 9.55 Billion by 2033 at a CAGR of 6.4 percent. The surge is linked to an increase in the production of various compact diaphragm pumps with straightforward designs. Between 2016 and 2021, the diaphragm pump market expanded at a CAGR of 5.5 percent.

Another issue that is anticipated to negatively affect the growth of the diaphragm pump market is the operating cost of air-operated double diaphragm pumps, which is considerably higher than that of traditional electric drive pumps. Larger diaphragm pumps are reportedly relatively less efficient. Additionally, diaphragm pumps are also linked to the pulsation issue,

The introduction of air-operated double diaphragm pumps for the transport of liquids containing large solids without utilization of electricity is expected to drive the growth of the diaphragm pump market. In many offshore drilling applications diaphragm pumps are well suited to transport toxic and corrosive fluids without leakage, this tend to promote growth of the diaphragm pumps market during the forecast period.

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Diaphragm pumps mainly consist of a reciprocating diaphragm made up of rubber or other polymeric materials and check valves which control the incoming and outgoing fluid. Moreover, selection of a suitable diaphragm material according to the application is the most important factor for longer life of diaphragm pumps.

Developments in double diaphragm pumps have led to the introduction of high-speed and high-pressure Air Operated Double Diaphragm (AODD) pumps in the market. These AODD pumps find applications in the construction and chemical industries.

Diaphragm Pumps Market: Regional Outlook

The construction industry, especially in Asia Pacific region is expected to witness steady growth during the assessment period. This is thus expected to in turn drive the growth of diaphragm pumps market in Asia Pacific region. Increasing awareness about clean drinking water and increasing construction spending is expected to drive growth of the diaphragm pumps market during forecast period. Anticipated steady growth in demand for oil and natural gas is expected to result in steady growth the market across developing regions of the globe.

Diaphragm Pumps Market: Key Participants

Some of the market participants identified across the value chain of the global diaphragm pumps market are:

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types of product,s and applications.

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Diaphragm Pumps Market: Segmentation

On the basis of end use industries, global Diaphragm pumps market can be segmented into:

On the basis of operation, global Diaphragm pumps market can be segmented into:

On the basis of Application, global Diaphragm pumps market can be segmented into:

On the basis of mechanism, the global Diaphragm pumps market can be segmented into:

Report Highlights:

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