DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Diaphragm Pumps Market - Global Trends & Forecast to 2021" report to their offering.
The global diaphragm pumps market is projected to grow at a CAGR of 5.3% from 2016 to 2021 to reach USD 3.48 Billion by 2021. Development in water, wastewater, & sanitation sector and demand for diaphragm pumps from the chemical industry are the major factors driving the market.
The Asia-Pacific region is currently the largest market, followed by North America and Europe respectively. Asia-Pacific would continue to dominate the market and is expected to grow at the fastest pace.
Factors such as increasing industrialization; investment in water infrastructure; growth in various industries such as water & wastewater treatment, chemicals, power, and oil & gas among others; upsurge in infrastructural development projects, especially in China and India; rising standards of living & growing urbanization; and higher demand for proper sanitation are the major growth drivers of the diaphragm pumps market in the Asia-Pacific region. The figure below shows the market size for all regions from 2016 to 2021.
The demand for diaphragm pumps can be directly linked to the development in water, wastewater, & sanitation sector and chemical industries. Moreover, focus on safe disposal of wastewater and other effluents in different industries would also boost its demand. On the other hand, problems associated with pulsation could restrain growth to a certain extent, and downturn in the mining and oil & gas industries is a significant challenge of this market. However, diaphragm pumps have huge scope in the pharmaceutical and power generation industries.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Diaphragm Pumps Market, By End-User
7 Diaphragm Pumps Market, By Mechanism
8 Diaphragm Pumps Market, By Operation
9 Diaphragm Pumps Market, By Discharge Pressure
10 Diaphragm Pumps Market, By Region
11 Competitive Landscape
12 Company Profiles
- Flowserve Corporation
- Grundfos Holding A/S
- Idex Corporation
- Ingersoll-Rand PLC
- Leak-Proof Pumps (I) Pvt. Ltd.
- Lewa GmbH
- Pump Solutions Group
- Tapflo AB
- Verder International B.V.
- Xylem, Inc.
For more information visit http://www.researchandmarkets.com/research/9crt7c/diaphragm_pumps