China Vacuum Pump Market by Type, Application and Region - Forecast to 2024 - ResearchAndMarkets.com

DUBLIN--()--The "China Vacuum Pump Market Research Report: By Type, Application - Industry Analysis and Growth Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.

The Chinese vacuum pump market is being driven by the growing demand for such devices from the pharmaceutical, semiconductor, and chemical industries. In 2018, the sale of such equipment generated $1.2 billion, and the market is projected to progress at a CAGR of 8.7% during the forecast period (2019-2024) to value $1.9 billion by 2024.

Based on type, the Chinese vacuum pump market is classified into regenerative, momentum transfer, positive displacement, and other pumps. During the historical period (2014-2018), the positive displacement classification led the market in terms of revenue as well as total sales. Such devices can handle fluids of high and low or even variable viscosity and liquids with a high amount of entrapped gas or air molecules., which makes them the preferred choice among industries which process food, beverages, and other substances.

Further, their use is also rising in the chemical sector, as they are able to maintain a constant flow rate and volume even at varying system pressures and are more efficient than other pump types when handling viscous liquids. In the chemical sector, they are used in drying, distillation, and material transfer. The industry in China is currently growing faster than most other countries due to the increasing investments, favorable government policies, and easily available labor at low cost. In 2018, China accounted for almost 40.0% of the global chemicals production.

Similarly, the expanding pharmaceutical industry is also having a positive effect on the Chinese vacuum pump market progress. Distillation, drying, sublimation, degassing, and crystallization are the various applications of such devices in pharma production. From $124 billion in 2016, the sector in the country is predicted to expand to $574 billion by 2022. The increasing investments by international market players in research and development activities in the country is the primary reason for the prosperity of the Chinese pharma sector.

Key Topics Covered

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Type

1.3.2 Market Segmentation by Application

1.3.3 Market Segmentation by Region

1.3.4 Analysis Period

1.3.5 Market Data Reporting Unit

1.3.5.1 Value

1.3.5.2 Volume

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents

2.2.1.1 By region

2.2.1.2 By industry participant

2.2.1.3 By company type

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Definition of Market Segments

4.1.1 By Type

4.1.1.1 Positive Displacement

4.1.1.1.1 Rotary vane

4.1.1.1.2 Diaphragm

4.1.1.1.3 Liquid ring

4.1.1.1.4 Piston pump

4.1.1.1.5 Dry screw pump

4.1.1.1.6 Others

4.1.1.2 Momentum Transfer

4.1.1.3 Regenerative

4.1.1.4 Others

4.1.2 By Application

4.1.2.1 Oil & Gas

4.1.2.2 Semiconductor & Electronics

4.1.2.3 Chemical & Pharmaceutical

4.1.2.4 Food & Beverages

4.1.2.5 Energy & Power

4.1.2.6 Mining & General

4.1.2.7 Others

4.2 Value Chain Analysis

4.3 Market Dynamics

4.3.1 Trends

4.3.1.1 Increasing use of digital vacuum pumps

4.3.2 Drivers

4.3.2.1 Growing chemical & pharmaceutical industry

4.3.2.2 Growing demand from semiconductor industry

4.3.2.3 Surging demand for dry vacuum pumps

4.3.2.4 Impact analysis of drivers on market forecast

4.3.3 Restraints

4.3.3.1 Air pollution

4.3.3.2 Impact analysis of restraints on market forecast

4.3.4 Opportunities

4.3.4.1 Development of smart vacuum pumps

4.4 Porter's Five Forces Analysis

Chapter 5. China Market Size & Forecast

5.1 By Type

5.1.1 Positive Displacement Vacuum Pump, by Type

5.2 By Application

5.3 By Region

Chapter 6. Competitive Landscape

6.1 Competitive Analysis of Key Players

6.2 Competitive Benchmarking of Key Players

6.3 Recent Activities of Major Players

6.4 Strategic Developments

6.4.1 Mergers & Acquisitions

6.4.2 Product Launches

Chapter 7. Company Profiles

7.1 Guangdong Kenflo pump Limited

7.1.1 Business Overview

7.1.2 Product & Service Offerings

7.2 Zibo Vacuum Equipment Plant Co. Ltd.

7.3 Zibo Water Ring Vacuum Pump Factory Co. Ltd.

7.4 Flowserve SIHI Germany GmbH

7.5 Atlas Copco AB

7.6 Pfeiffer Vacuum Technology AG

7.7 Gardner Denver Holdings Inc.

7.8 ULVAC Inc.

7.9 EBARA Corporation

7.10 Shimadzu Corporation

7.11 Leybold GmbH

7.12 Kashiyama Industries Ltd.

7.13 KNF Neuberger GmbH

7.14 Gebr. Becker GmbH

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900