The diaphragm pumps market is set to grow from US$ 4,177.5 Mn to US$ 6,706.2 Mn at a compounded annual growth rate of 5.4% from 2018 to 2026. Diaphragm pumps are employed for pumping fluids by reciprocating the motion of diaphragm. Rampant growth in industrial sector and increasing production in food and beverage industry drive the diaphragm pumps market growth.

"Increased pumping efficiency and leak free fluid transfer drive the double acting pumps market"

Double acting diaphragm pumps are holding the largest market share in the operations segment for diaphragm pumps market. Increased pumping efficiency and leak free fluid transfer are the key attributes that favor the outstanding growth of double acting pumps market. Single acting pumps are still in use and extensively employed in situations where submersible and portable equipment is required. It has the capability to run dry for long hours without causing any damage to valves and pumps. 

"Low maintenance cost and capability in transferring wide varieties of fluids drive the air operated diaphragm pumps market"

Air operated pumps are presently leading the operation segment for diaphragm pumps market. Inherent capability in transferring wide variety fluids and low maintenance cost drive the air operated diaphragm pumps market. They employ compressed air in the transfer of highly viscous fluids, sludge and abrasive materials generated by petrochemical and pharmaceutical industries. Electrically operated diaphragm pumps employ electric motor in the transfer of fluids which require low pulsation and smooth flow. They are extensively employed in the food and beverage industry. 

"Increasing consumption of fossil fuel and significant growth in refineries worldwide drive the petrochemicals market growth"

Petrochemicals are presently reigning the end-user segment for global diaphragm pumps market. Significant growth in refineries and increasing consumption of fossil fuel worldwide drive the petrochemicals market growth. Pharmaceutical segment is exhibiting significant growth owing to rising prevalence of chronic disease and rising public health awareness. Wastewater management will be the fastest growing segment during the forecast period owing to the increasing dumping of toxic chemicals by industries causing water pollution and depletion in fresh water reserves at an alarming rate. 

"Increasing offshore petrochemical activities and significant rise in economic growth associated with industrialization drive the diaphragm pumps market growth in Asia Pacific region"

In the present scenario Asia Pacific is leading the regional segment for global diaphragm pumps market. The key attributes contributing towards its prominent growth are increasing discovery and ongoing offshore petrochemical activites and significant rise in economic growth associated with industrial segment drive the diaphragm pumps market growth in Asia Pacific region. Europe is the second largest market on account of its developed petrochemical and pharmaceutical segment and increasing product demand associated with food and beverage industries. Middle East and Africa will be the fastest growing segment owing to the presence of world’s largest reserve of petrochemicals, refineries and proactive government policies in promoting infrastructure to attract tourist worldwide as its holiday destination.

Prominent players competing in the diaphragm pumps market are Dover Corporation, Flowserve Corp. Grundfos, Graco, Inc., Idex Corp. LEWA Group, SPX Flow, Inc., Tapflo Group, Xylem, Inc. and Yamada Corp.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Diaphragm Pumps market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Diaphragm Pumps market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Diaphragm Pumps market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Diaphragm Pumps market?
• Which is the largest regional market for Diaphragm Pumps market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Diaphragm Pumps market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Diaphragm Pumps market worldwide?