Monday 15 June 2020

Covid-19 Impact on Diaphragm Pumps Market Size: Trends and Business Methodologies till 2023


Diaphragm Pumps Market Scenario
According to the report published by Market Research Future, the global diaphragm pumps market is likely to develop at 6.1% CAGR over the forecast period. The crucial drivers of diaphragm pumps market are growing demand of double diaphragm pumps in chemicals sector coupled with rising investments in water & wastewater industry. Diaphragm pumps are highly reliable since they do not contain internal parts which rub against each other. Moreover, these pumps do not contain any sealing or lubricating oils within pumping head, thereby resulting in no oil vapor leakage or contamination. Thus, all these factors have resulted in widespread use of diaphragm pumps globally. A detailed analysis report of COVID-19 impact on Diaphragm Pumps Market Size is provided with the report.
The Global Water Intelligence (GWI) reveals that the global investments in water infrastructure is estimated to attain USD 449 billion between 2030 and 2018 in order to meet UN’s sustainable development objectives for sanitation and water supply. The enhancement of water infrastructure would require the deployment of pumps for dewatering applications and relocating liquids. Also, these pumps are installed in industrial and municipal wastewater treatment plants. However, pulsation is a key issue in diaphragm pumps. Pulsation can disrupt the smooth functioning of the pipes. Hence, this aspect is considered as a substantial factor that can restrict the market growth largely.
Diaphragm pumps are positive displacement pumps which a combination of reciprocating action of diaphragm and suitable valves on side of diaphragm. The key features of diaphragm pumps are high variability, low noise level, long-life diaphragms, and permanently lubricated bearings. These pumps can accommodate fluids such as corrosive chemicals, viscous and sticky fluids, dirty water and abrasive slurry, creams, gels, oils, volatile solvents, shear-sensitive foodstuffs, and so on. Also, these pumps are used in many industries for low pressure spray, fluid transfer, and other low-pressure applications.
Key Players
Global diaphragm market is ruled by top-notch players such as Yamada Corporation (Japan), IDEX Corporation (US), Ingersoll Rand (Ireland), Flowserve Corporation (US), Xylem, Inc. (US), Grundfos Holding A/S (Denmark), Pump Solutions Group (US), SPX Flow (US), Verder International B.V. (The Netherlands), LEWA GmbH (Germany), Leak-Proof Pumps (I) Pvt. Ltd. (India), TAPFLO AB (Sweden), AxFlow Holding AB (Sweden), KNF Neuberger (Germany), and All-Flo Pump Co. (US).
Regional Analysis
Geographically, the diaphragm pumps market is segmented into North America, Asia-Pacific, the Middle East & Africa, South America, and Europe.
Asia-Pacific market is likely to represent the key share over the assessment period owing to the rising investments and industrialization in food & beverage sector within the market. India and China are the primary economies propelling diaphragm pumps market in Asia-Pacific. APAC market is estimated to develop at the fastest rate over the forecast period on account of the outlays in water & wastewater industry in the region.
Industry Segmentation
The diaphragm pumps market has been divided based on mechanism into air operated and electrically operated.
The air operated is the largest segment in the diaphragm pumps market. The large market size of this sub-segment can be attributed to widespread use in industrial, mining, and general plant service. Moreover, AOD pumps are powered by compressed air only and are especially used in flammable areas or where electricity is not available. These factors have resulted in largest market share of air operated diaphragm pumps.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.


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