Double Diaphragm Pumps Market Size and Share 2022 Industry Analysis by Future and Growth Forecast to 2028
Global Double Diaphragm Pumps (DDP) Market was valued at USD 5.90 Billion in 2022 and is expected to reach USD 8.75 Billion by the year 2028, at a CAGR of 5.80%.
A double diaphragm pump, also known as a diaphragm pump, is a positive displacement pump that has a combination of a thermoplastic or Teflon diaphragm, rubber reciprocating action, and valves on both sides of the diaphragm. Double diaphragm pumps are basically used in high-pressure applications, such as industrial applications, factories, oil and gas, chemical and petrochemical machinery, etc. The double diaphragm pump market is expected to show high demand and growth at CAGR due to factors such as development in water and wastewater management, the sanitation sector, etc. Major market players, especially from the chemical industry, are creating a huge demand for electric pumps. . . which is driving the growth of the Double Diaphragm Pumps market and is expected to have a high CAGR in the forecast period.
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The double diaphragm pump market by end users includes oil and gas, food and beverage, water and wastewater, chemicals, pharmaceuticals, power generation, and others. The oil and gas segment is expected to dominate the global double diaphragm pump market due to the increasing use of these pumps for upstream and midstream applications around the world. The double diaphragm pump market by region is segmented into Asia Pacific, North America, Europe, the Middle East and Africa, and South America. Asia Pacific is expected to have the largest share during the forecast period due to increasing industrialization and increasing infrastructure developments in the region. China and India are the key countries driving the double diaphragm pump market in the Asia-Pacific region. Asia-Pacific is expected to grow at the fastest rate during the forecast period due to investments in the water and wastewater industry in the region.
Key Prominent Players In The Double Diaphragm Pumps Market:
· Pump Solutions Group
· LEWA GmbH
· Flowserve Corporation
· Grundfos Holding A/S
· Xylem Inc.
· TAPFLO AB
· Dover Corp
· Verder International B.V
· SPX Flow and other major players.
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segmentation of Double Diaphragm Pumps Market report:
The Double Diaphragm Pumps market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Operation Type
· Single Acting
· Double Acting Agent
By Mechanism Type
· Air Operated Pumps
· Electrically Operated Pumps
By End User Industry
· Oil & Gas
· Food & Beverages
· Water & Waste Water
· Chemicals & Petrochemicals
· Pharmaceuticals
By Region
· North America (U.S., Canada, Mexico)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
· Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
· South America (Brazil, Argentina, Rest of SA)
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Industry experts have identified key factors influencing the pace of development of the Double Diaphragm Pumps industry, including various opportunities and gaps. A thorough analysis of the Double Diaphragm Pumps market for the growth trends of each category makes the overall study interesting. When studying the market, researchers also dig deep into their future prospects and their contribution to the industry. Additionally, the research report evaluated the market key players and features, such as capacity utilization rate comprised of revenue.
Reasons to Purchase this Market Report
· Market forecast analysis through recent trends and SWOT analysis
· Double Diaphragm Pumps Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
· Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
· Double Diaphragm Pumps Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
· Competitive environment related to the Double Diaphragm Pumps market share for key players, along with new projects and strategies that players have adopted over the past five years
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The water and wastewater sector is expected to dominate the market growth, due to the development of water and wastewater infrastructure, in line with the increasing demand for clean water. The demand for pumps from the water and wastewater industry is growing rapidly due to increasing government concerns. This, in turn, is expected to drive the market demand for diaphragm pumps during the forecast period.
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