Market Size of Diaphragm Pump Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
CAGR | > 6.10 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Diaphragm Pump Market Analysis
The diaphragm pump market is expected to register a CAGR of more than 6.1% during the forecast period of 2022-2027. The COVID-19 pandemic has negatively impacted the growth of the diaphragm pump market, since the industrial sector has faced a significant decline in demand during the pandemic with consequent lockdowns. During 2020 and 2021, smaller players and organizations with relatively weak financial positions got shut down, which resulted in reducing the total industrial manufacturing capacity and consolidating the consumer sectors. Moreover, due to the growing demand for oil and gas, recovery in oil price, and the increasing number of onshore and offshore fields reaching their maturity along with exploration, and production activities are expected to make a shift towards deeper offshore regions, resulting in increasing offshore ultra-deepwater projects. This, in turn, is expected to drive the diaphragm pump market during the forecast period. However, technological advancements in the alternative options of conventional pumps, such as solar pumps, are expected to hinder the diaphragm pump market during the forecast period.
- The water and wastewater sector is expected to dominate the market growth, owing to the development of water and wastewater infrastructure, in line with the surging demand for clean water. The demand for pumps from the water and wastewater industry is growing rapidly on account of increasing government concerns. This, in turn, is expected to propel the demand for the diaphragm pump market during the forecast period.
- Furthermore, the manufacturing of pumps has witnessed a combination of 3D printing technology with computer modeling, which has led to cutting edge development in pump design, repair, and replacement, which, in turn, drives the global market for diaphragm pumps and provides an opportunity for market growth in the coming years.
- Asia-Pacific dominated the market across the world in 2021, with the majority of the demand coming from China and India, owing to rising economies and growing population. Asia-Pacific is also the fastest-growing region, and this trend is expected to remain the same during the forecast period.
Diaphragm Pump Industry Segmentation
The diaphragm pump market report includes:
Mechanism | |
Air Operated | |
Electrically Operated |
Discharge Pressure | |
Up to 80 bar | |
Between 80 to 200 bar | |
Above 200 bar |
End-User | |
Water and Wastewater | |
Oil and Gas | |
Chemical and Petrochemical | |
Pharmaceutical | |
Food and Beverage | |
Other End-Users |
Geography | |
North America | |
Europe | |
Asia-Pacific | |
South America | |
Middle-East and Africa |
Diaphragm Pump Market Size Summary
The diaphragm pump market is poised for significant growth, driven by increasing demand in the water and wastewater sector, as well as the oil and gas industry. The market's expansion is supported by the development of infrastructure to meet the rising need for clean water and efficient wastewater management. This demand is further fueled by stringent government regulations and a growing awareness of environmental issues. Technological advancements, such as the integration of 3D printing and computer modeling in pump design, are also contributing to market growth by enhancing the efficiency and capabilities of diaphragm pumps. Despite challenges posed by alternative pump technologies, the market is expected to benefit from ongoing industrial activities and infrastructure projects, particularly in developing regions.
The Asia-Pacific region leads the global diaphragm pump market, with China and India being key contributors due to their rapid industrialization and population growth. The region's economic expansion is bolstered by investments in the refining and petrochemical sectors, which are expected to drive demand for diaphragm pumps. The market is characterized by fragmentation, with major players like Dover Corporation, Ingersoll-Rand PLC, Idex Corporation, Graco Inc., and Tapflo Group actively participating in product innovation and development. Recent product launches, such as Graco Inc.'s Husky 3300e electric double diaphragm pump, highlight the industry's focus on enhancing fluid transfer capabilities and reducing energy consumption, further supporting the market's growth trajectory.
Diaphragm Pump Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast, in USD billion, till 2027
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1.3 Recent Trends and Developments
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1.4 Market Dynamics
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1.4.1 Drivers
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1.4.2 Restraints
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1.5 Supply Chain Analysis
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1.6 Porter's Five Forces Analysis
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1.6.1 Bargaining Power of Suppliers
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1.6.2 Bargaining Power of Consumers
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1.6.3 Threat of New Entrants
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1.6.4 Threat of Substitutes Products and Services
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1.6.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Mechanism
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2.1.1 Air Operated
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2.1.2 Electrically Operated
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2.2 Discharge Pressure
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2.2.1 Up to 80 bar
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2.2.2 Between 80 to 200 bar
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2.2.3 Above 200 bar
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2.3 End-User
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2.3.1 Water and Wastewater
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2.3.2 Oil and Gas
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2.3.3 Chemical and Petrochemical
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2.3.4 Pharmaceutical
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2.3.5 Food and Beverage
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2.3.6 Other End-Users
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2.4 Geography
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2.4.1 North America
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2.4.2 Europe
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2.4.3 Asia-Pacific
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2.4.4 South America
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2.4.5 Middle-East and Africa
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Diaphragm Pump Market Size FAQs
What is the current Diaphragm Pump Market size?
The Diaphragm Pump Market is projected to register a CAGR of greater than 6.10% during the forecast period (2024-2029)
Who are the key players in Diaphragm Pump Market?
Idex Corporation, Graco Inc., Tapflo Group, Dover Corporation and Ingersoll-Rand PLC are the major companies operating in the Diaphragm Pump Market.