According to the Market Statsville Group (MSG), the global diaphragm pumps market size is expected to grow from USD 5,929.4 million in 2021 to USD 9,932.9 million by 2030, at a CAGR of 5.9% from 2022 to 2030. The steadily increasing demand for oil and gas from the transportation, residential, and industrial sectors is the primary driver of market growth. Furthermore, the expanding amount of onshore and offshore exploration operations to fulfill rising fuel consumption is driving up demand for diaphragm pumps. Significant expenditures in water treatment plants have also increased the deployment of these pumps, which help remove harmful materials from very viscous fluids, liquids, and solids. They are also utilized for refining, bulk transport, waste processing, and wellhead injection.
Furthermore, several product advancements, such as introducing air-operated double diaphragm pumps that can pump liquids containing big solid particles and using digital technology that offers great accuracy, are boosting the market growth. Significant government expenditures in modernizing water infrastructure also boost the market's outlook.
The pandemic has hampered and continues to hamper worldwide trade, hurting industries such as oil and gas, chemicals and petrochemicals, automotive and transportation, power generation, and mining, to name a few. Many production plants were forced to close, hurting the demand for diaphragm pumps in various applications. It also caused enormous supply chain disruptions.
Diaphragm pumps have many uses in the oil and gas industry, from discovery to processing to delivery to the customer, embracing the full value chain. The pandemic-induced lockdowns significantly lowered worldwide demand for oil and gas because transportation, the primary user of oil and gas, was halted. However, the gradual restoration of transportation and other industrial activity and the lessening of lockdown measures resulted in a substantial supply-demand mismatch for oil and gas. As per the International Energy Agency (IEA), worldwide oil consumption in 2022 would rise by 2.1 million barrels per day (mb/d) over 2021.
Because of the widespread interruption of Russian oil production, the Russian invasion of Ukraine has also caused a worldwide oil supply shock. As a result, producers like the United States and the Organization of Petroleum Exporting Countries (OPEC) may increase their exploration and production operations to compensate for Russia's shortfall. As a result, the post-pandemic economic recovery and expansion, along with supply restrictions caused by the severe geopolitical environment, will lead to a rise in oil and gas exploration and production, potentially fostering the growth of the diaphragm pumps market over the forecast period.
Diaphragm pumps are frequently used because they can handle a broad range of fluids such as chemicals, volatile solvents, viscous fluids, shear-sensitive products, filth water, abrasive slurry, tiny particles, creams, gels, and oil. To maintain volumetric efficiency, check valves are employed in diaphragm pumps to restrict bidirectional fluid flow during suction and pumping operations. A variety of small particles can be handled using diaphragm pumps. On the other hand, the solution being pushed by a diaphragm metering pump must be clean and free of particles. Particulate matter of greater size can collect in the pump chamber or body and obstruct the movement of the diaphragms, preventing the pump from working.
Furthermore, these solid particles can collect around the ball valve seats, preventing the ball valves from correctly re-seating, resulting in poor performance, loss of efficiency and ability to accurately meter, and, eventually, loss of prime, which causes the pump to cease operating. Keeping the check valve clean necessitates frequent pump maintenance. Peristaltic pumps, which perform well with high amounts of a particle in the fluid being pushed, may be preferred by some operators. This may have a negative impact on the market for diaphragm pumps throughout the forecast period.
The pharmaceutical sector works with hazardous, often expensive ingredients that must all be pumped in a very regulated and safe manner. Diaphragm pumps are largely utilized in the crucial pharmaceutical business as sample loop pumps on top of reactors, transfer pumps on various pharmaceutical skids, pump goods into filling lines, and to transfer solvents. Diaphragm pumps are self-priming, dry-running, and feature less wetted rotating components than other pumps, providing 100% product containment without abrasion or particle production. As a result, they can handle a variety of pharmacological liquids with ease. In addition, many diaphragm pumps include CIP (clean-in-place) and SIP (sterilization-in-place) capabilities, making them ideal for the pharmaceutical industry.
The pandemic has focused on the global pharmaceutical sector, emphasizing its significance. According to the United Nations World Population Prospects (2020), the global population of adults aged 65 and above is expected to quadruple by 2050. As a result, chronic illnesses are rising, and patients frequently suffer from more than one sickness. The burgeoning middle class and increased sedentary lifestyle are exacerbating the situation. As a result, pharmaceutical items may increase demand and orders for diaphragm pumps used to manufacture these products.
The study categorizes the diaphragm pumps market based on mechanism, operation, discharge pressure, and end user at regional and global levels.
By Mechanism Outlook (Sales, USD Million, 2017-2030)
By Operation Outlook (Sales, USD Million, 2017-2030)
By Discharge Pressure Outlook (Sales, USD Million, 2017-2030)
By End-Use Industry Outlook (Sales, USD Million, 2017-2030)
Based on the end user, the global diaphragm pumps market has been categorized into chemicals, water & wastewater, oil & gas, pharmaceuticals, food & beverage, and others (power generation, paint, mining, and pulp & paper). The water and wastewater segment is projected to grow at the fastest CAGR. Diaphragm pumps are among the most regularly utilized pieces of equipment in the water and wastewater treatment industries. These pumps are generally utilized in wastewater treatment operations for fluid transfer, metering, and dosing. These pumps are appropriate for use in this industry due to their relatively good solids handling capability. Governments all around the globe are enacting stringent regulations for the treatment of household and industrial wastewater before it is discharged downstream. If left untreated, this effluent may include dangerous contaminants that can affect the environment, animals, and humans.
Based on the regions, the global diaphragm pumps market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. The Asia Pacific dominated the market with the largest share due to the rise in population and is primarily responsible for the increase in industrial expansion. Countries such as China and India are expanding. The rapid development of the population has raised the need for water supplies, resulting in wastewater management. As a result, the market for diaphragm pumps is expected to grow. As a result, such market trends are likely to assist the Asia Pacific in dominating the overall market.
The global diaphragm pumps market is highly competitive, with key industry players adopting strategies such as product development, partnerships, acquisitions, agreements, and expansion to strengthen their market positions. Most companies in the market are indulged in expanding business across regions, enhancing their capabilities, and molding strong partner relations.
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