Mechanical Diaphragm Pumps Market Segmented By Diaphragm Pump, Double Diaphragm Pumps, Metering Pumps, Air Operated Diaphragm Pumps, Diaphragm Metering Pump
The ability of mechanical diaphragm pumps to transmit all types of fluids, such as viscous, corrosive, aggressive, and others, makes them the preferred choice for various processes among end-use industries, including oil & gas, mining, chemicals & petrochemicals, and food & beverages. As such, increasing demand from end-use industries is creating positive prospects for the growth of mechanical diaphragm pumps market. As per a new report published by Persistence Market Research (PMR), the mechanical diaphragm pumps market is projected to reach a valuation of around US$ 1 Bn by 2029 end, growing at a CAGR of 4% during 2019-2029.
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Key Takeaways of Mechanical Diaphragm Pumps Market Study
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Intensified and Fragmented Competition Landscape
The mechanical diaphragm pumps market is fragmented due to the presence of a large number of international and domestic manufacturers across the world. Some of the key manufacturers in the mechanical diaphragm pumps market include Grundfos, LEWA GmbH, Ingersoll-Rand Plc., Flowserve Corporation, Xylem Inc., SPX Flow, Inc., ABEL Pumps L. P., The Weir Group PLC, PSG (Dover Corporation), and ProMinent GmbH. These players are focusing on improving their market presence in emerging regional markets through the acquisition of local distributors and manufacturers.
Mechanical Diaphragm Pumps Market: Growth Prospective
Given their long lifespan and superior corrosive fluid handling capabilities, mechanical diaphragm pumps are anticipated to remain the go-to choice for a number of end-use consumers, especially for metering applications.
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Key Segments of Mechanical Diaphragm Pumps Market
Type |
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Diaphragm Material |
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Flow Rate |
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End Use |
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Region |
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Persistence Market Research is a U.S.-based full-service market intelligence firm specializing in syndicated research, custom research, and consulting services.
Jun 06, 2023