Market Overview
In the research report, Market Research Future (MRFR), emphasizes that the global air-operated double diaphragm pumps market 2020 is expected to grow exponentially, securing a substantial market valuation to reach USD 1.30 billion by 2025, and a healthy 3.92% CAGR over the review period.
Drivers and Restraints
The major factors fueling the growth of the double diaphragm pumps market regulated by global air include technological advantages and growing applications across diverse end-use industries. Increased infrastructural development projects, increasing living standards & growing urbanization also lead to the growth of the double diaphragm pumps market powered by air. In addition, due to the increase in industrialization, the global air operated double diaphragm pumps market is anticipated to grow at a high rate during the review period. Upgrading the water system will require the installation of pumps for transportation, drinking water supply, and other applications. Key players invest heavily in renewable technology, which has raised the demand for energy, contributing to a rise in industrialization. That would push the demand for dual-diaphragm pumps powered by air. The high operating costs and design limitations, however, would hinder business growth.
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Segmental Analysis
The global air-operated double diaphragm pumps market has been segmented based on material, valves, application, and region. On the basis of valves, the global market is bifurcated into the ball valve and flap valve. The ball valve segment is estimated to dominate in the market, worldwide due to this type of valves are simplified in design and easy for visualization.
Regional Overview
The geographical overview of the global market has been analyzed in four significant regions, including North America, the Asia Pacific, Europe, and the rest of the world. North America is accountable for the largest share of the global air controlled double diaphragm pumps market due to increased infrastructure growth for efficient water supply and increased demand from various applications industries such as oil and gas, food and beverage, power generation, and pharmaceutical industries. Thanks to major technological developments in producing pumps and the implementation of energy-saving regulations by the US Department of Energy (DOE), leading to the US being accounted for the largest market share in the world. Because of the booming food and beverage and water treatment industry, Europe is projected to be the second largest industry for air driven double diaphragm pumps. Germany is expected to dominate Europe’s market as demand from the water treatment industry increases.
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Competitive Analysis
Prominent market players of air-operated double diaphragm pump targeting to invest more in technology and research and development activities to modernize their already existing products.
Tables Of Contents
1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Air Operated Double Diaphragm Pumps Market, By Reactor Type
5 Global Air Operated Double Diaphragm Pumps Market, By Strategy
6 Global Air Operated Double Diaphragm Pumps Market, By Capacity
7 Regional Market Analysis
8 Competitive Analysis
9 List of Tables
10 List of Figures
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