Membrane Pump Market Demand, Growth Analysis and Leading Players, Research Report by 2021-2028
Global Membrane Pump Market Report
The Membrane Pump Market is forecast to grow from USD 3.38 Billion in 2020 to USD 4.77 Billion by 2028, at a CAGR of 4.44%, during the forecast period. Enhanced demand for Membrane Pumps in the Chemical Industry is the major driving factor of the market.
Membrane pump is a type of displacement pump that uses a sequence of actions of membrane and valves to pump fluid. The penetration of membrane pumps market has also increased the need for industry effluents disposal in a safe way. They are mostly used as metering pumps in the water treatment industry and as vacuum pumps in process operations of several industries like chemical, pharmaceuticals and food & beverages. Other applications include dewatering, filter press, spraying & cleaning.
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Key Manufacturers in the Global Membrane Pump Market:
TAPFLO AB (Sweden), Xylem, Inc. (U.S.), LEWA GmbH (Germany), Flowserve Corporation (U.S.), Grundfos Holding A/S (Denmark), Dover (US), EMEC(US), SEKO(US), SPX (US) and Pump Solutions Group (U.S.).Further key findings from the report suggest
- The Membrane Pump Market is forecast to grow from USD 3.38 Billion in 2020 to USD 4.77 Billion by 2028, at a CAGR of 4.44%, during the forecast period. Enhanced demand for Membrane Pumps in the Chemical Industry is the major driving factor of the market.
- Based on Release Pressure, the market is divided as up to 80 bar, 80-200 bar and above 200 bar. The up to 80 bar segment is accounted for the highest CAGR of 4.93%. This category of membrane pumps is preferred in most of the industries followed by the 80 bar to 200 bar and above 200 bar segments, respectively.
- Based on Methods, the market is segmented as Air operated and electrically operated. The electric operated pumps combine the advantages of an Air Operated Pump with the efficiency of an electric drive. It is mostly used in industries due to its high efficiency.
- Based on end user, the market is segmented as Chemical & Petrochemicals, Water & Wastewater,Pharmaceuticals, Food & Beverages and Oil & Gas. The demand for membrane pumps is directly linked to the development in wastewater, water & sanitation sector and chemical industries. Additionally, the focus on safe disposal of wastewater and other effluents in different industries is also expected to boost its demand. Membrane pumps in the pharmaceutical and power generation industries is estimated to grow the market during the forecast period.
- The Membrane Pump Market is segmented across five regions, namely, North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (MEA), and Latin America. APAC is forecast to dominate the market with the largest share of 37%.
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Release Pressure Outlook (Revenue, USD Million; 2018-2026)
- Up to 80 bar
- 80-200 bar
- Above 200 bar
Method Outlook (Revenue, USD Million; 2018-2026)
- Air operated
- Electric operated
End user Outlook (Revenue, USD Million; 2018-2026)
- Chemical& petrochemical
- Water & wastewater
- Pharmaceutical
- Food & beverages
- Oil & Gas
Competitive analysis of the Membrane Pump industry offers key data regarding product portfolio, company overview, market concentration rate, pricing analysis, and other key elements. Additionally, it offers key insights into their strategic alliances such as mergers and acquisitions, joint ventures and collaborations, corporate and government deals, product launches, and brand promotions, and agreements, among others. It also provides details about their expansion tactics, the latest developments in products and technologies, production and manufacturing sites, and capacities, along with sales, revenue, returns, and financial standings.
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In conclusion, the Membrane Pump market report provides a granular assessment of the market through extensive segmentations along with analysis of supply chains, sales network and distribution network, and downstream buyers in the Membrane Pump market.
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Published Sun, 27 Feb 2022 14:34:32 -0600
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