Report Ocean presents a new report on Diaphragm Pump market size, share, growth, industry trends, and forecast 2030, covering various industry elements and growth trends helpful for predicting the market’s future.
Request To Download Sample of This Strategic Report :- https://reportocean.com/industry-verticals/sample-request?report_id=BWCC473
The global diaphragm pump market size was US$ 5.71 billion in 2021. The global diaphragm pump market size is forecast to reach US$ 9.5 billion by 2030, growing at a compound annual growth rate (CAGR) of 5.8% during the forecast period from 2022 to 2030.
Diaphragm pumps are among the most widely used pumps in the field of positive displacement pumps. In addition, diaphragm pumps combine the reciprocating action of the diaphragm made of thermoplastic, Teflon, or rubber with valves (flap valves, globe valves, check valves, butterfly valves, or any other type of the valve) on either side of the diaphragm to pump fluids. Many factories use diaphragm pumps as they are able to handle a variety of fluids. The diaphragm pumps are also known for their ability to move high viscosity and solid-containing liquids as well as high viscosity liquids.
Pharmaceutical, oil & gas, food & beverage, and other industries use diaphragm pumps extensively. Additionally, the growing demand for medicines, gasoline, and other food products across the globe may act as a primary driver for the global market.
The high demand for diaphragm pumps in government projects may also represent an opportunity for the global diaphragm pumps market.
The proliferation of alternative solutions to conventional pumps, such as solar pumps, may slow down the overall market growth during the forecast period.
The Diaphragm Pump Market is forecast to grow due to the introduction of air-operated double diaphragm pumps for transporting liquids containing solids without relying on electricity.
COVID-19 has curtailed the global movement of people, goods, and services, including most regions that manufacture diaphragm pumps. In an effort to contain the spread of COVID-19, several state, local, and federal governments have imposed various restrictions on business and travel, such as stay-at-home orders, which have slowed or closed a significant number of companies. Due to the high peak of the COVID-19 situation, the manufacturing of diaphragm pumps ceased for a specific period. It resulted in a significant impact on the diaphragm pump’s sales. The sale of diaphragm pumps is directly related to the demand for oil and gas. The oil and gas industries have been adversely affected by the COVID-19 outbreak and saw severe declines in crude prices in 2020. Thus, the COVID-19 pandemic negatively impacted the global market growth.
Request To Download Sample of This Strategic Report :- https://reportocean.com/industry-verticals/sample-request?report_id=BWCC473
The Asia Pacific region held dominance in the global diaphragm pump market in 2021 and is forecast to continue growing rapidly during the forecast period. There are several leading countries that are likely to influence both the global and regional markets during the forecast period, including China, India, and Japan. A growing population and foreign direct investments coupled with rapid urbanization propel the market growth in the APAC region. In addition, the growing pharmaceutical and chemical industries are boosting the market’s growth.
The leading prominent companies profiled in the global diaphragm pump market are:
The global diaphragm pump market segmentation focuses on Mechanism, Operation, Discharge pressure, End-User, and Region.
Segmentation based on Discharge pressure
Get a Sample PDF copy of the report :- https://reportocean.com/industry-verticals/sample-request?report_id=BWCC473
Middle East & Africa (MEA)
What are the aspects of this report that relate to regional analysis?
•The report’s geographical regions include North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. •The report provides a comprehensive analysis of market trends, including information on usage and consumption at the regional level. •Reports on the market include the growth rates of each region, which includes their countries, over the coming years. •How are the key players in the market assessed? •This report provides a comprehensive analysis of leading competitors in the market. •The report includes information about the key vendors in the market. •The report provides a complete overview of each company, including its profile, revenue generation, cost of goods, and products manufactured. •The report presents the facts and figures about market competitors, alongside the viewpoints of leading market players. •A market report includes details on recent market developments, mergers, and acquisitions involving the key players mentioned.
Access full Report Description, TOC, Table of Figure, Chart, etc.- https://reportocean.com/industry-verticals/sample-request?report_id=BWCC473
We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.
Get in Touch with Us: Report Ocean: Email: sales@reportocean.com Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATES Tel: +1 888 212 3539 (US – TOLL FREE) Website: https://www.reportocean.com/
Taiwan News © 2019 All Rights Reserved.