Air Operated Double Diaphragm Pumps Market– Competitive Analysis
Highly competitive, the Air Operated Double Diaphragm Pumps Market appears fragmented, with several large and small-scale players forming a competitive landscape. Players substantially invest in new product development and expansion plans, which has always been their key strategy to gain a competitive advantage in the market. Other strategies include mergers & acquisitions, innovation, and brand reinforcement.
Players active in the AODD pumps market are PSG Dover group (US), Depa (Germany), IDEX Corporation (US), TapFlo (Sweden), Graco Inc. (US), Murzan (US), Verder International BV (Netherlands), Debem (Italy), Aro Inc. (US), Yamada (US), and DellMeco (Germany), among others.
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Industry/ Innovations/ Related News
Sep. 08, 2021 — Unibloc Pump announced the acquisition of Flotronic Pumps Ltd., a leading manufacturer of specialized AODD pumps and associated accessories. The acquisition would allow both companies to continue to grow and strengthen their global businesses.
Flotronic Pumps has invented an innovative One Nut AODD pump with best-in-class air pump performance, significantly reducing process downtime by simplifying pump assembly/disassembly. Flotronic Pumps serves food & beverage, consumer product goods, cosmetics, pharmaceuticals industries, and other critical process manufacturing applications.
The air operated double diaphragm pumps market is growing rapidly. Air operated double diaphragm (AODD) pumps are extensively used in all major industries, including water treatment, chemical, pharmaceuticals, construction, and food processing. Besides, multiple applications of AODD pumps in some burgeoning industries, including pharmaceutical, mining, and marine, substantiate the market size.
With the rapidly increasing population, industrialization, and urbanization, the market is projected to garner significant gains in the next few years. According to Market Research Future (MRFR), the global air operated double diaphragm pumps market is expected to register revenue growth worth USD 1.92 BN by 2027, growing at an approximately 5.03% CAGR during the forecast period (2020 to 2027).
Additionally, depleting water reserves worldwide is a major driving force behind the market growth. Improving economic conditions is impacting the growth of the market positively. Moreover, burgeoning water treatment and construction industries boost the market shares. Rapidly expanding distribution channels provide impetus to the market growth.
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Global Air Operated Double Diaphragm (AODD) Pumps Market – Segments
The report is segmented into valve types, materials, pressure, size, industries, and regions. The valve segment is sub-segmented into ball valves, flap valves, and others. The material segment is sub-segmented into aluminum, cast iron, stainless steel, and others.
The pressure segment is sub-segmented into 5 bars, 5–10 bars, and above 10 bars. The size segment is sub-segmented into Up to 1”, 1” to 2”, and above 2”. The industry segment is sub-segmented into chemical, water & wastewater, oil &gas, pharmaceutical, marine, paper & pulp, food &beverage, electronics, and others.
Global AODD Pumps Market – Regional Analysis
Europe dominates the global air operated double diaphragm pumps market. Factors such as the extensive uses and demand for AODD pumps in various rapidly growing industries in the region drive the market growth. Besides, the spurring rise in the end-use industries, such as food & beverage, healthcare, hospitality, personal care, and pharmaceuticals, boosts the market size.
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Other factors bolstering the market value include the proliferating healthcare sector and the resurging economy in the region. The region is projected to continue with its dominance throughout the forecast period.