With water scarcity hovering, the demand for wastewater treatment is bound to skyrocket between 2021 and 2031. Rapid urbanization has fostered wastewater treatment in residential households. Plus, uninterrupted power supply is the need of effective industrialization.
There has been a splurge in investments by various governments in wastewater treatment initiatives. Mechanical diaphragm pumps are known for their indispensability in handling fluids and slurries. Also, they prove to be cost-effective and environmentally-friendly. These factors are the ones driving the mechanical diaphragm pumps market and the status quo is expected to remain the same in the upcoming period as well.
The oil & gas sector and wastewater treatment, as mentioned above, are the major revenue generators to mechanical diaphragm pumps market. The other advantages offered by mechanical diaphragm pumps include oil free pumping, high pumping speed, high flexibility, self-printing capability, precise mechanics, and resistance against corrosion. In pharmaceuticals, food & beverages, and chemicals vertical, these pumps are used in the form of metering pumps and for cleaning & spraying, dewatering, and filter pressing.
There are various other internal applications with regards to the wastewater treatment cycle where mechanical diaphragm pumps are deployed. Persistence Market Research has sketched these facts with the corrective/preventive measures to be taken in its latest market study entitled “Mechanical Diaphragm Pumps Market”.
How is the mechanical diaphragm pumps market categorized?
The global mechanical diaphragm pumps, by type, spans vertical and horizontal. By diaphragm material, it’s EPDM, PTFE, NBR, and likewise. By flow rate, it’s above 1000 L/H, 500-1000 L/H, 100-500 L/H, and up to 100 L/H. By end-user, it’s mining, oil & gas, water & wastewater, pharmaceuticals, chemicals & petrochemicals, food & beverages, construction, and likewise. Persistence Market Research has enlisted these facts with insights in its latest market study entitled “Mechanical Diaphragm Pumps Market”.
North America holds the largest market share, followed by the Europe. This is evident from the fact that the US accounts for more than 15% of the revenue generated. However, the Asia-pacific is expected to grow at the highest rate in the mechanical diaphragm pumps market in the near future due to an ever-increasing inclination of the end-users toward cost-effective and energy-efficient products. Persistence Market Research has mentioned about these courses of development with insights in its latest market study entitled “Mechanical Diaphragm Pumps Market”.
Persistence Market Research has profiled the key players in mechanical diaphragm pumps market as Grundfos, LEWA GmbH, PSG (Dower Corporation), SPX Flow, Inc., IWAKI Co., Ltd., Xylem Inc., Flowserve Corporation, ABEL Pumps L.P., SEKO S.p.A., and The Weir Group PLC. These players are delving deep into organic as well as inorganic modes of expansion for keeping themselves afloat amidst fierce competition. These include mergers, acquisitions, joint ventures, partnerships, new product launch, and likewise. Such facts have also been listed by Persistence Market Research in its latest market study entitled “Mechanical Diaphragm Pumps Market”.
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The Road Ahead
The global mechanical diaphragm pumps market is likely to grow atrociously between 2021 and 2031 – Persistence Market Research