Air Operated Double Diaphragm Pumps Market by Type, Size and Forecast 2025

Market Scenario

The air operated double diaphragm pumps are the pumps which have the capability of displacing fluids at a constant rate and volume. A fixed amount of liquid is being held by the pump and is then dispersed out through an outlet. These pumps are usually air-driven.

The air operated double diaphragm pumps market size is projected to reach USD 1.30 billion by 2025 from an estimated USD 1.00 billion, with a CAGR of 3.92% from 2019 to 2025. The major factors driving the growth of the global air operated double diaphragm pumps market include technical advantages and its increasing applications across various end-use industries. Increase in infrastructural development projects, a rising standard of living & growing urbanization also attribute to the growth of the air operated double diaphragm pumps market. According to Asian Development Bank (ADB) on February 2017, it is projected an investment exceeding USD 22.6 trillion by 2030 to meet the infrastructure needs, such as power, transport, telecommunications, and water and sanitation infrastructure.

Additionally, the global air operated double diaphragm pumps market is projected to grow at a high rate during the forecast period due to the increase in industrialization. The upgradation of water infrastructure would require the deployment of pumps for transportation and supply of water for drinking, and other applications. According to the Bloomberg New Energy Finance (BNEF), in 2018, investment in clean technologies reached USD 332.1 billion, which has increased the demand for electricity, which resulted in rising in industrialization. This would drive the air operated double diaphragm pumps market. However, the high overhead costs and design constraints would hinder the market growth.

Key Players in the air operated double diaphragm pumps market such as Aro Inc. (Ireland), PSG Dover Group (US), DEPA (US), IDEX Corporation (US) and Graco Inc. (US) are actively focusing on developing new products and integrating existing product with advanced technology to supply air operated double diaphragm pumps. Moreover, in 2015, the company launched new pumps such as PS20, advanced 430, and 830 models to improve overall performance and build efficiency. This would add to the growth of air operated double diaphragm pumps market.

The global air operated double diaphragm pumps market has been segmented based on valves, material, application, and region. On the basis of valves, the global market is segmented into the ball valve and flap valve. The ball valve segment is expected to dominate in the market, worldwide owing to this type of valves are simple in design and easy for visualization. Based on material, the global air operated double diaphragm pumps market is divided into metal and plastic. The metal segment is estimated to register higher growth during the forecast period.

The global air operated double diaphragm pumps market is expected to grow at ~3.92% CAGR during the forecast period.

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