Diaphragm Pumps Market Worth 3.48 Billion USD by 2021
PUNE, India, March 30, 2016 /PRNewswire/ --
The report "Diaphragm Pumps Market by Mechanism (Air Operated and Electrical Operated), by Operation (Single Acting and Double Acting), by Discharge Pressure (Up to 80 bar, 80 to 200 bar & above 200 bar), by End User & by Region - Global Trends & Forecast to 2021", published by MarketsandMarkets, The market is expected to grow from an estimated USD 2.67 Billion in 2016 to USD 3.48 Billion by 2021, at a CAGR of 5.3% from 2016 to 2021.
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Browse 66 market data Tables and 64 Figures spread through 200 Pages and in-depth TOC on "Diaphragm Pumps Market"
http://www.marketsandmarkets.com/Market-Reports/diaphragm-pumps-market-158812592.html
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The market defines and segments the global Diaphragm Pumps Market with an analysis and forecast of the market size.
Factors such as development in water, wastewater, & sanitation sector and demand for diaphragm pumps in the chemical industry are driving the market worldwide.
Up to 80 bar diaphragm pump, based on discharge pressure, to be the dominant segment in the global Diaphragm Pumps Market
The Diaphragm Pumps Market has been classified based on discharge pressure into three segments, namely, up to 80 bar, 80 bar to 200 bar, and above 200 bar. The up to 80 bar segment accounted for the largest market size, in terms of value, in 2015. This category of diaphragm pumps is preferred in almost all end-user industries. It was followed by the 80 bar to 200 bar and above 200 bar segments, respectively.
"The water & wastewater end-user segment would dominate the global market"
The water & wastewater segment is estimated to be the largest Market for Diaphragm Pumps in 2016. Diaphragm pumps are capable of handling any kind of debris, which makes it ideal for conveying, metering, and other applications in the water & wastewater sector. Factors such as population growth, especially in urban areas, industrial development, increasing emphasis on wastewater treatment, international commitments & targets, and government policies would necessitate the growth of the water & wastewater sector. The demand for diaphragm pumps in this sector in the developing countries of Asia-Pacific and the Middle East & Africa regions is expected to rise rapidly.
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Asia-Pacific is the dominant market for diaphragm pumps
Asia-Pacific dominates the Diaphragm Pumps Market, and is expected to grow at the fastest pace during the forecast period. Factors such as increasing industrialization; investment in water infrastructure; growth in various industries such as water & wastewater treatment, chemicals, power, and oil & gas among others; upsurge in infrastructural development projects, especially in China and India; rising standards of living & growing urbanization; and higher demand for proper sanitation are driving the growth of the Diaphragm Pumps Market in the region.
To provide an in-depth understanding of the competitive landscape, the report includes profiles of following companies, namely, Pump Solutions Group (U.S.), IDEX Corporation (U.S.), Yamada Corporation (Japan), LEWA GmbH (Germany), Verder International B.V. (The Netherlands), Ingersoll-Rand plc (Ireland), Flowserve Corporation (U.S.), Grundfos Holding A/S (Denmark), Xylem, Inc. (U.S.), TAPFLO AB (Sweden), and Leak-Proof Pumps (I) Pvt. Ltd. (India). Dominant players are trying to penetrate developing economies and are adopting various methods to grab the market share.
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