Air Operated Double Diaphragm Pumps Market Size was valued at USD 1.8 Billion in 2022. The Air Operated Double Diaphragm Pumps market industry is projected to grow from USD 1.9 Billion in 2023 to USD 2.9 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.30% during the forecast period (2024 - 2032).
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Several industries, such as the food and beverage, pharmaceutical, chemical, and water and wastewater sectors, have experienced spectacular growth, and the need for these services has also increased, are the key market drivers enhancing the market growth.
In a range of performance situations, spanning the whole value chain from exploration to processing to transportation to customer, the oil and gas industry uses air-operated double diaphragm pumps. The main consumer of oil and gas, transportation, completely stopped operating as a result of the pandemic-related lockdowns, which drastically reduced demand for oil and gas. But as transportation and other industrial activities gradually picked up again and lockout limitations were relaxed, a significant supply-demand imbalance for oil and gas resulted.
The International Energy Agency (IEA) predicts that world oil demand will increase by 2.1 mb/d in 2022 compared to 2021. The Russian invasion of Ukraine created a significant disruption in Russian oil production, which has also shocked the oil supply. In order to make up for the Russian deficit, other producers like the United States and OPEC may strive to enhance their exploration and production activities.
Over the course of the projection period, there will probably be an increase in oil and gas exploration and production, which could spur the growth of the diaphragm pumps market due to the post-pandemic economic recovery and development as well as supply restrictions brought on by the difficult geopolitical environment.
Rising industrialization, population growth, urbanisation, and energy demand are other factors that are predicted to boost the market for double diaphragm pumps. These factors are also causing an increase in exploration efforts in emerging countries. The main market factor influencing the demand for double diaphragm pumps is the increasing requirement for wastewater treatment in the biggest cities in the globe. Due to rising oil and gas development activities spurred on by an increase in energy consumption, the market for double diaphragm pumps will grow globally.
Air-operated double diaphragm pumps are widely used in the wastewater treatment industry, which is expected to have a significant impact on the expansion of the market for AODD pumps throughout the course of the assessment period. The urbanisation of their countries and the enhancement of a number of services, including better access to clean drinking water, are now a priority for the governments of a number of growing nations, including China and India.
These elements are anticipated to promote market expansion for air-operated double diaphragm (AODD) pumps over the anticipated time period. Thus, driving the Air Operated Double Diaphragm Pumps market revenue.
The Air Operated Double Diaphragm Pumps Industry segmentation, based on Valve Type, includes Ball Valve and Flap Valve. Ball valve segment dominated the market in 2022. This is due to diaphragm pumps increasingly favouring ball valves.
The Air Operated Double Diaphragm Pumps Industry segmentation, based on Material, includes Aluminum, Stainless Steel, and Cast Iron. Stainless steel segment dominated the market in 2022. Stainless steel diaphragm pumps are growing in popularity due to the material's durability and other factors.
The Air Operated Double Diaphragm Pumps Industry segmentation, based on Pressure, includes Up to 5 bar, 5 bar - 10 bar, and Above 10 bar. Up to 5 bar segment dominated the Air Operated Double Diaphragm Pumps market in 2022. Due to the increasing need for double diaphragm pumps that can function at air pressures of up to 5 bar, this has happened.
Figure 1: Air Operated Double Diaphragm Pumps Market, by Pressure, 2024 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The Air Operated Double Diaphragm Pumps market segmentation, based on Industry, includes Food & beverage, Pharmaceutical, Chemical, Water & Wastewater, Oil & gas, Paper & Pulp, Electronics, and Marine. Water & Wastewater segment dominated the Air Operated Double Diaphragm Pumps market in 2022. Over the projected time frame, the wastewater and water sector will dominate the agitation pump market. This is probably a result of wastewater treatment facilities using more and more energy.
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Air Operated Double Diaphragm Pumps Market dominated this market in 2022 (45.80%). Double diaphragm pumps are being employed in a variety of end-use industries, which is expanding the regional market for these pumps globally. This is due to the wide range of uses for these pumps in the region.
The region's rising demand for energy has also impeded the growth of the market for air-operated double diaphragm pumps. Further, the U.S. Air Operated Double Diaphragm Pumps market held the largest market share, and the Canada Air Operated Double Diaphragm Pumps market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: Air Operated Double Diaphragm Pumps Market Share By Region 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Air Operated Double Diaphragm Pumps market accounted for the healthy market share in 2022. The growth of the market for air-operated double diaphragm pumps in the region has been influenced favourably by the presence of various firms in Europe and the rise in the number of wastewater treatment facilities there.
Further, the German Air Operated Double Diaphragm Pumps market held the largest market share, and the U.K Air Operated Double Diaphragm Pumps market was the fastest growing market in the European region
The Asia Pacific Air Operated Double Diaphragm Pumps market is expected to register significant growth from 2023 to 2032. This is because the area is becoming more urbanised and more populated, which has led to the creation of new structures and a rise in the quantity of wastewater treatment facilities.
Moreover, China’s Air Operated Double Diaphragm Pumps market held the largest market share and the Indian Air Operated Double Diaphragm Pumps market was the fastest growing market in the Asia-Pacific region.
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Air Operated Double Diaphragm Pumps market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations.
To expand and survive in a more competitive and rising market climate, Air Operated Double Diaphragm Pumps industry must offer cost-effective items.Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Air Operated Double Diaphragm Pumps industry to benefit clients and increase the market sector.
In recent years, the Air Operated Double Diaphragm Pumps industry has offered some of the most significant advantages to medicine. Major players in the Air Operated Double Diaphragm Pumps market, including Dover Corporation, Tapflo Group, Graco Inc., Idex Corporation, Ingersoll-Rand PLC, Verder International BV, and Aro Inc., are attempting to increase market demand by investing in research and development Valve Types.
Industrial products are provided by Dover Corp. (Dover). The firm produces hardware, spare parts, specialised systems, consumables, digital and software solutions, as well as support services. Freezer doors, commercial glass refrigerators, pumps, soldering and dispensing tools, fluid handling systems, pumps, precision labelling and coding, and digital textile printing are among the company's products.
Dover serves customers in North America, Europe, Asia Pacific, and other continents in the retail fuelling, consumer products, oil and gas, biopharma, commercial refrigeration, food equipment, chemical, sanitary, and industrial end markets. It has facilities for manufacturing, warehousing, sales, and services all around the world. The home office of Dover is situated in the US city of Downers Grove, Illinois. The top producer of speciality pumps in the world and a wholly-owned subsidiary of Dover Corporation, Almatec, presented two new models of its solid plastic C series air-operated double diaphragm pumps in August 2019.
Supplier of fluid handling parts and systems is Graco Inc. (Graco). The equipment that this business designs, develops, produces, and sells pumps, mixes, measures, distributes, and sprays a range of liquids and semi-solids. For the management of fluids and coatings in industrial and commercial applications, the business offers technology and knowledge. Benefits extend to maintenance, manufacturing, processing, and construction.
Airlessco, ASM, RentalPro, Smith, Sharpe, Gema, High Pressure Equipment, QED Environmental Systems, and White Knight Fluid Handling are a few of the names it markets its products under. The company not only offers its goods in Europe, the Middle East, and Africa (EMEA), but also in the Americas and Asia-Pacific. The headquarters of Graco are located in Minneapolis, Minnesota. Graco Inc. debuted its new Husky 3300e electric double diaphragm pump product line in August 2021. High-volume industrial fluid can be efficiently moved with the help of these pumps.
May 2019: In a release, Dover Corporation discussed the acquisition of the All Flo Pump Company. The transaction is expected to generate double-digit cash returns for Dover's committed capital during the ensuing three years.
April 2020: Quattroflow, a division of PSG and Dover Corporation, has unveiled new Quattroflow QF2500 quatemary diaphragm pumps. These pumps are perfect for meeting the demands of the expanding biopharma industry.
in july 2023, Verder Liquids has launched a new product i.e. the Verderair HC-PURE series, a line of hygienic double diaphragm pumps for handling hygienic applications.
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