Lewes, DE -- (SBWIRE) -- 08/02/2016 -- Report forecast the global diaphragm pump market to grow at a CAGR of 5.2% during the period 2016-2020.

Diaphragm pumps are categorized as positive displacement pumps that are used mainly in industrial applications, which involve pumping and lifting of heavy fluids, such as sludge, slurry, or mud. Sludge is a semi-solid slurry that is produced following the treatment of wastewater treatment or as a settled suspension from numerous industrial process. Industrial wastewater, also termed as sludge, is generated from biological or physical processes. Sludge and slurry cause a lot of problems for any industry, especially when the process needs to be continuous and any downtime will interrupt the entire process.

The report covers the present scenario and the growth prospects of the global diaphragm pump market for 2016-2020. The market size has been estimated based on demand for diaphragm pumps from various end-user segments.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, one of the main drivers aiding the growth prospects for this market is the adoption of solar pumps. The UN estimates that agriculture accounts for 70% of global freshwater use, a fact that must be considered in the light of the amount and consistency of power required to obtain the water. In many rural areas of India, Pakistan, Yemen, Bangladesh, and South Africa, there are restrictions on continuous access to power grids. Therefore, in these regions, most of the electricity needed for agricultural purposes is produced using diesel generators, which cause noise and environmental pollution and are costly to operate. When the demand for water increases during the growing season the price of the fuel also soars.

Further, the report states that fluctuations in oil and gas industry is impacting the demand for metering pumps. There may be indications that the demand and supply of crude oil may finally be balancing out with the recent rise in oil prices. The global oil market was rocked by a period of volatility with prices falling from more than USD 100 per barrel in late 2014 to USD 50 per barrel in June 2016. In the best case scenario, oil prices could rise until production increases so that the decline in inventories due to the decrease in drilling activities is offset. On the other hand, the decrement in price of oil will result in a structural change in crude oil demand-supply dynamics.

Global Diaphragm Pump Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global diaphragm pump market: Dover, Flowserve, LEWA, Xylem, and Grundfos

Other Prominent Vendors in the market are Alltech Dosieranlagen, Blue-White Industries, DEPAMU Pump Technology, EMEC, ProMinent Dosiertechnik, SEEPEX, SEKO, SPX, Verderair, Watson-Marlow Fluid technology, Pump Solutions, and Tapflo

Market driver
- Growth in petrochemical and chemical industry in India
- For a full, detailed list, view our report

Market challenge
- Slowdown in Chinese economy
- For a full, detailed list, view our report

Market trend
- Growing application of 3-D printing in pump industry
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 72 pages and 37 Exhibit "Global Diaphragm Pump Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-diaphragm-pump-market-2016-2020

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