The latest report by IMARC Group, titled, “Diaphragm Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The study provides a detailed analysis of the industry, including the global diaphragm pump market size, share, trends and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
Report Attributes | Details |
Market Size in 2022 | US$ 3.4 Billion |
Market Forecast in 2028 | US$ 4.6 Billion |
Growth rate (2023 to 2028) | CAGR of 4.8% |
Base Year of the Analysis | 2022 |
Forecast Period | 2023-2028 |
A diaphragm pump is a displacement device to move fluid in and out of its chamber and is especially useful for its suction lift properties. It operated by changing the pressure and flow rates using the size of the chamber and the diaphragms. It is also used to generate pressure for cleaning and spraying in industries such as aviation, automotive, pharmaceuticals, and construction. It can help transfer substances such as food waste, stones, oil sludge, concrete, waste debris, mud, clay, and industrial fluids. In addition, it is highly versatile, flexible, safe, portable, cost-effective, reliable, has a high-pressure ability, is easy to install and maintain, and provides constant pumping efficiency. Owing to these benefits, the diaphragm pump is widely adopted in several industry verticals such as water treatment, chemical, agricultural, food and beverage (F&B), oil and gas, and chemical industries across the globe.
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The market is primarily driven by the increasing demand for oil and gas in the residential, transportation, and industrial sectors. In addition, the rising use of oil and gas is leading to extensive onshore and offshore exploration activities, which is surging the need for diaphragm pumps. In line with this, the escalating demand for freshwater due to the growing population, rapid urbanization, and industrialization and the increasing investment in water treatment plants has accelerated the use of diaphragm pumps, as they can effectively remove toxic elements with the help of physical and chemical separation processes. Additionally, diaphragm pumps can handle harmful viscous fluids, liquids, and solids particles, thus augmenting their demand for several applications for refining, bulk transfer, circulation drilling mud transfer, wellhead injection, waste processing, refueling, loading, and unloading. Moreover, continuous technological advancements, such as the introduction of an air-operated double diaphragm pump that can handle large solid particles and the use of digital technology for precision, represents another major growth-inducing factor. Besides this, the widespread adoption of diaphragm pumps in the pharmaceutical industry to handle hazardous and often expensive materials that require a high level of control and safety during the mixing, processing, unloading, and transfer of liquids is propelling the market growth. Additionally, diaphragm pumps are dry-running, self-priming, with less wetted rotating parts ensuring total product containment without abrasion or particle generation that can easily handle several pharmaceutical liquids while featuring clean in place (CIP) and sterilization in place (SIP) capabilities. Apart from this, the increasing governments investments in water infrastructure improvement projects, extensive research and development (R&D) activities, and mergers and acquisitions (M&A) among key market players are creating a positive market outlook for the market. For instance, in March 2022, Flowserve collaborated with Gradient to help address the most challenging problems in water and wastewater treatment.
The report has segmented the market into the following categories:
Breakup by Mechanism:
Breakup by Operation:
Breakup by Discharge Pressure:
Breakup by End-Use Industry:
Breakup by Region:
The report covers the major market players including:
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