The newly released research at Market Study Report titled “2018-2025 Global Vacuum Pump Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.
Selbyville, DE -- (SBWIRE) -- 12/17/2018 -- MarketStudyReport.com Adds New Vacuum Pump Market 2018- 2025 research report providing information and By Material, By Application, By Region, Industry Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast spreading across 305 Pages with table and figures in it.
Vacuum Pump Market will surpass USD 6.5 billion by 2025; according to a new research report. Significant growth in pharmaceutical industry in emerging economies such as Europe and North America will boost the sales of vacuum pump positively in future. Vacuum pumps are used during the manufacturing of active pharmaceutical ingredients (APIs), intermediate products and bulk drugs to maintain the perfect reaction environment. In 2017, the U.S. minimal spending on pharma products crossed USD 450 billion. Upsurge in research & development investment in medical sector coupled with outbreak of various diseases owing to the change in food habits, lifestyle and climatic conditions are the factors that will have significant impact on the sales of medicine, and thus will drive the vacuum pump market in coming years.
The major players in the vacuum pump market include DEKKER, Shimadzu, Busch, Becker, Pfeiffer, Atlas Copco, Ebara, Agilent, ULVAC, Kashiyama, etc.
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Development in chemical industry is the key factor impacting the sales of vacuum pump positively in coming years. Global chemical industry is likely to register around USD 5.5 billion by 2025 and China accounts the major share in the entire industry. This is all due to the existence of various small as well as medium scale manufacturers which caters the native demand, and this trend is expected to follow throughout the forecast period. Developing economies like Indonesia, India and Thailand and will spur the chemical market growth in Asia Pacific region. Extensive usage of the product in chemical industry for many critical applications, such as in maintaining clean & dry reaction environments, will propel the regional vacuum pumps market demand over the forecast spell.
On the basis of technology, the industry is divided into gas transfer and gas capture/binding vacuum pumps. Among these, gas transfer pumps will capture around 80% of entire market share and dominate the overall technology segment. The gas transfer pumps segment is further bifurcated into kinetic type and positive displacement type. These types of pumps are extremely high-pressure machines and find application in chemical conveyance, energy sector, etc.
The vacuum pumps market is fragmented by product, which include high, low and medium vacuum pumps. Among these, high speed vacuum pumps are likely to register positive growth due to its end user industries will register the significant growth in forecast spell. In terms of value, the high vacuum pumps registered more than USD 2.5 billion by 2025.
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Oil & gas sector will dominate the entire end-user segment with an estimated CAGR of 6% over the forecast years. Upsurge in investments for production & exploration activities with current changes in policies related to production of oil & gas specially in North America is crucial factor for vacuum pumps market growth by 2025.
On the basis of region, China vacuum pumps industry will likely to witness around 7% CAGR in future, with revenue more than USD 2 billion by 2025. Prevalence of basic chemical and consumer electronic products manufacturing industries in China will bolster the regional market demand over the forecast timeframe.
Table of Content:
Chapter 1. Methodology And Scope
Chapter 2. Executive Summary
Chapter 3. Vacuum Pump Industry Insights
Chapter 4. Vacuum Pump Market, By Lubrication
Chapter 5. Vacuum Pump Market, By Technology
Chapter 6. Vacuum Pump Market, Product By End-user
Chapter 7. Vacuum Pump Market, By End-user
Chapter 8. Vacuum Pump Market, By Region
Chapter 9. Company Profiles
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World Industrial Vacuum Pump Market by Product Type, Market, Players and Regions-Forecast to 2023
Industrial Vacuum Pump market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading industry Players.
https://www.marketstudyreport.com/reports/world-industrial-vacuum-pump-market-by-product-type-market-players-and-regions-forecast-to-2023?utm_source=RR-AN
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