Air Operated Double Diaphragm Pumps Market Analysis:
Air Operated Diaphragm Pumps Market Forecast, the global market is anticipated to have a CAGR of 5.03% and will have revenue of 2 Billion during the forecast period 2022-2028.
COVID-19 breakout has wreaked havoc on the worldwide economy, with the pandemic wreaking havoc on businesses as diverse as oil and gas, mining, manufacturing, water and wastewater, construction, and automotive. Lockdown restrictions have been implemented by governments all over the world, which have not only impacted the supply chain of goods and materials as well as market demand but have also resulted in lower production rates and the closure of manufacturing facilities.
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Report Attribute | Details |
Forecast Period | 2022 - 2030 |
Market Growth value | 5.03 % CAGR |
Revenue forecast in 2022-2030 | USD 2 billion |
Base year for estimation | 2021 |
Historical data | 2019 – 2020 |
Unit | USD Billion, CAGR (2021 – 2030) |
Segmentation | By Application, By End-Use, and By Region |
Factors Studied For Market Forecast
Drivers:
- Rise in industrialization
Restraints:
- Outbreak of COVID-19
Key Companies Profiled
- Depa (Germany)
- PSG Dover group (US)
- IDEX Corporation (US)
- Graco Inc. (US)
- TapFlo (Sweden)
- Murzan (US)
- Debem (Italy)
- Verder International BV (Netherlands)
- Aro Inc. (US)
- DellMeco (Germany) and Yamada (US).
Market Segmentation
The global Air-Operated Double Diaphragm Pumps Market is segmented based on Valve, Material, Pressure, Size, Industry, and Region.
Based on Valve, the global market is segmented as Ball Valve and Flap Valve.
Based on the Material, the global market is segmented as Aluminium, Cast-Iron, Stainless Steel, and Others.
Based on the Pressure, the global market is segmented as Up to 5 Bar, 5 Bar - 10 Bar, and Above 10 Bar.
Based on the Size, the global market is segmented as Up to 1”, 1” to 2”, and Above 2”.
Based on the Industry, the global market is segmented as Chemical, Water Wastewater, Oil Gas, Pharmaceuticals, Marine, Paper Pulp, Food Beverage, Electronics, and Others.
Based on the Region, the global market is segmented as North America, Europe, Asia-Pacific, Middle East Africa, and South America.
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Regional Classification
The regional market is likely to be driven by increased innovations in the water and wastewater treatment industry. The water and wastewater business in the United States is predicted to grow at a higher rate in the next years, resulting in more AODD pumps being installed. The market for air-operated double diaphragm pumps in Europe is being driven by increased investments in the water and wastewater industries. Europe's countries are constantly encouraging the use of renewable energy sources to ensure a safe and stable water supply. The air-powered double diaphragm pumps market in the area is driven by increased investments in chemical, pharmaceutical, water wastewater, oil gas, food beverages, and other industries. The Middle East Africa region’s expanding oil and gas, petrochemical, chemical, and water and wastewater treatment industries are the primary drivers of the air-operated double diaphragm pumps market. Brazil, Argentina, and the rest of South America make up South America. The region's expanding oil and gas, chemicals, pharmaceuticals, water and wastewater treatment, food and beverage, and other industrial sectors are the primary drivers of market expansion.
