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Diaphragm Pumps Market - Growth, Size, Share, Forecast, industry Analysis 2019 - 2027
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Diaphragm Pumps Market - Growth, Size, Share, Forecast, industry Analysis 2019 - 2027 Diaphragm Pumps Market Is Set To Reach Us$ 6,706.2 Mn By 2026 The latest market report published by Credence Research, Inc. “GlobalDiaphragm Pumps Market - Growth, Future Prospects, Competitive Analysis, 2018 - 2026,” the global diaphragm pumps market is expected to reach US$ 6,706.2 Mn by 2026 from US$ 4,177.5 Mn in 2017, expanding at a CAGR of 5.4% from 2018 to 2026. Browse Full Report Originally Published by Credence Research @ https://www.credenceresearch.com/report/diaphragm-pumps-market Market Insights Diaphragm pumps are used simultaneously in oil and gas exploration activities for the pumping of crude oil and the injection of chemicals. They possess good suction properties, are suitable for corrosive and abrasive substances and are able to discharge a pressure equivalent to 1,200 bar. They remain dry for long hours, pumping highly viscous fluids, sludge and slurries. Low cost and no moving parts in the airstream boost their success over other compressors. Double acting diaphragm pumps have the largest market in the operating group. Leak free flow transfer and increased pumping efficiency drive the market growth of double diaphragm pumps. Single acting pumps have a high demand in operations involving submersible and portable devices. They can run dry for long hours without causing any damage to the pump and the valves. You can get the sample copy of this research by Credence Research here @ https://www.credenceresearch.com/sample-request/59575 Air-operated pumps are leading the market segment for diaphragm pumps. Inherent features such as the ability to transfer a wide variety of liquids and low maintenance costs associated with the use of compressed air drive market growth for air-driven pumps. Electrically operated pumps would experience excellent growth during the forecast period due to increasing demand from the food and beverage industry. Petrochemicals dominate the end-user segment due to significant growth in refineries and an increase in fossil fuel consumption worldwide. Wastewater management will be a new trend in the near future due to the increasing water pollution caused by the excessive dumping of toxic chemicals by industries and the scarcity of fresh water reserves around the globe. Asia Pacific is the leading regional market segment for diaphragm pumps. Developing the industrial sector and increasing offshore petrochemical activities are key attributes of its impressive growth. Proactive government policies adopted by countries such as India, Japan and China have resulted in increasing demand for consumer goods worldwide. Due to the increasing demand for food and beverages and the well-developed petrochemical segment, Europe is the second largest regional market. Middle East and Africa will be the fastest growing region in the forecast period due to the increasing demand for fossil fuel as an energy source and the increasing development of infrastructure to attract tourists from around the globe.
You can get the sample copy of this research by Credence Research here @ https://www.credenceresearch.com/sample-request/59575 Prominent players competing in the diaphragm pumps market are Dover Corporation, Flowserve Corp. Grundfos, Graco, Inc., Idex Corp. LEWA Group, SPX Flow, Inc., Tapflo Group, Xylem, Inc. and Yamada Corp. Key Market Movements: Impressive growth in the petrochemical and pharmaceutical industries Increasing demand for diverse products provide impetus to food and beverages market growth Increasing industrialization has resulted in increasing water pollution and scarcity of fresh water reserves worldwide About Us: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. Contact: Credence Research Inc Name: Chris Smith (Global Sales Manager) E-mail: sales@credenceresearch.com Ph: 1-800-361-8290 Web: https://www.credenceresearch.com