Global Diaphragm Pump market to grow at a CAGR of 5.46 percent over the period 2014-2019
Deerfield Beach, FL -- (SBWIRE) -- 08/21/2015 -- Global Diaphragm Pump market to grow at a CAGR of 5.46 percent over the period 2014-2019. A diaphragm pump is a type of positive displacement pump that uses a combination of reciprocating actions of the diaphragm to move fluid. It traps a fixed volume of the fluid and then forces it into a discharge pipe. These pumps are widely used in the Water Treatment, Oil and Gas, Chemical, Pharmaceuticals, Food and Beverages, Pulp and Paper, Agriculture, and Textile industries. Diaphragm pumps can be broadly classified into air-operated diaphragm pumps, mechanical pumps, and hydraulic pumps.
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Several end-users such as the Oil and Gas, Water, Food and Beverage, and Chemical industries are increasingly adopting diaphragm pumps because of their effective operating ability under varied operating conditions, including high viscosity, differential flow pressure, and high pressure. Moreover, increased demand for safe drinking water and stringent environmental regulations implemented by many EU countries to reduce gas emissions, have increased the demand for diaphragm pumps.
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"Advanced digital pumps have the capability to detect flaws in the system such as cavitation and provide efficient solutions to process operational requirements,".
"The adoption of digital technology has increased the overall efficiency of diaphragm pumps. Moreover, digital pumping solutions are capable of accurately monitoring the flow and speed of fluids."
Covered in this Report
The Global Diaphragm Pump market can be segmented into seven divisions: Water Treatment Industry, Oil and Gas Industry, Chemical Industry, Pharmaceuticals Industry,
Food and Beverage Industry, Pulp and Paper Industry, and Others.
Global Diaphragm Pump Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Diaphragm Pump market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key Market Drivers
Increased Demand for Safe Drinking Water
Increased Demand from Developing Countries
Stringent Environmental Regulations
Refurbishment of Existing Plants
Key Market Trends
Popularity of Digital Pumping Solutions
Demand for Energy-efficient Pumps
Increase in Number of New Products
Increase in M&A
Key Market Vendors
Grundfos Pumps Corp.
To define the market circumstances in the next 3-4 years, Our analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.