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Diaphragm Pumps - Global Market Trajectory & Analytics

  • ID: 4804819
  • Report
  • April 2021
  • Region: Global
  • 383 pages
  • Global Industry Analysts, Inc
Global Diaphragm Pumps Market to Reach $3.9 Billion by 2027

Amid the COVID-19 crisis, the global market for Diaphragm Pumps estimated at US$3 Billion in the year 2020, is projected to reach a revised size of US$3.9 Billion by 2027, growing at a CAGR of 3.8% over the analysis period 2020-2027. Water & Wastewater, one of the segments analyzed in the report, is projected to record a 4.5% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Oil & Gas segment is readjusted to a revised 3.8% CAGR for the next 7-year period.



The U.S. Market is Estimated at $814 Million, While China is Forecast to Grow at 6.8% CAGR

The Diaphragm Pumps market in the U.S. is estimated at US$814 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$833 Million by the year 2027 trailing a CAGR of 6.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 2.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.9% CAGR.

Chemicals & Petrochemicals Segment to Record 3.4% CAGR

In the global Chemicals & Petrochemicals segment, USA, Canada, Japan, China and Europe will drive the 2.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$293.9 Million in the year 2020 will reach a projected size of US$358.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$549.6 Million by the year 2027, while Latin America will expand at a 4.1% CAGR through the analysis period.

Select Competitors (Total 47 Featured):
  • Flowserve Corporation
  • Grundfos Holding A/S
  • Idex Corporation
  • Ingersoll-Rand PLC
  • Leak-Proof Pumps (I) Pvt. Ltd.
  • Lewa GmbH
  • Pump Solutions Group
  • Tapflo AB
  • Verder International BV
  • Xylem, Inc.
  • Yamada Corporation
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • An Introduction to Diaphragm Pumps
  • Pros and Cons
  • A Prelude to Diaphragm Pumps Market
  • Diaphragm Pumps Market in North America
  • Air Operated Double Diaphragm (AODD) Pump Market Overview
  • Impact of Covid-19 and a Looming Global Recession
  • Diaphragm Pumps Market: Drivers & Restraints
  • Rising Demand for Diaphragm Pumps in the Chemical Industry is Boosting the Market Growth
  • Innovations & Advancements
III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 47
Note: Product cover images may vary from those shown
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