Air-Operated Double Diaphragm (AODD) Pumps Market
The global Air-Operated Double Diaphragm (AODD) Pumps market is projected to reach USD 4.5 billion by 2027, growing at a CAGR of 4.5% during the forecast period (2021-2027). The market is driven by a number of factors, including the increasing demand for these pumps in various end-use industries, such as oil & gas, chemical, and water & wastewater treatment.
Persistence Market Research (PMR) offers key insights on the global AODD pumps market in its latest report, ‘AODD Pumps Market: Global Industry Analysis 2013-2017 and Forecast 2018-2028‘.
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AODD pumps are versatile and efficient, making them suitable for a wide range of applications, including the transfer of low-viscosity fluids, the transfer of high-viscosity fluids, and the transfer of abrasive and corrosive fluids. This type of pump is particularly useful for applications where the fluid being pumped is not compatible with traditional pump types, such as centrifugal pumps.
The market is segmented on the basis of product, end-use industry, and region. By product, the market is segmented into polypropylene, aluminum, stainless steel, and others. By end-use industry, the market is segmented into oil & gas, chemical, water & wastewater treatment, food & beverage, and others.
Geographically, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World. Asia Pacific is expected to be the largest market for AODD pumps, driven by the increasing demand for these pumps in various end-use industries, such as oil & gas, chemical, and water & wastewater treatment.
Key Companies-
- Flowserve Corporation
- Xylem Inc.
- Graco Inc.
- Dover Corporation
- Verder Group
- IDEX Corporation
- Crane Co.
- SPX Flow, Inc.
- Lutz Pumpen GmbH
- Yamada America Inc.
- Iwaki Air
- Other
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AODD Pumps Market Dynamics
The global AODD pumps market has been experiencing significant growth in demand due to the rising investments in the wastewater and water treatment industry by governments of various countries. For example, the Canadian government is targeting investments worth US$ 20 Billion to improve its local wastewater and water infrastructure, while the U.S. government has increased focus on developing storm water, desalination and water re-use systems.
This increased focus of governments on developing water treatment systems is expected to be one of the main driving factors for the growth of the AODD pumps market. Rapid industrialization is one of the other factors directly impacting the growth of the AODD pumps market. Population growth, coupled with urbanization, has directly led to an upsurge in the growth of industrialization across emerging economies. Hence, industries such as manufacturing, automobile, energy, pharmaceuticals, consumer care products, food & beverage and various others have been witnessing significant growth to cater to the growing needs.
AODD Pumps Market: Segmentation Overview
- Segmentation of the AODD pumps market on the basis of application: In terms of application, the water transfer segment is estimated to dominate the market in terms of market share among all application segments, followed by the chemical transfer segment. In terms of growth, the water transfer segment is projected to lead the AODD pumps market.
- Segmentation of the AODD pumps market on the basis of material of construction: The stainless steel segment is estimated to be a prominent segment in the AODD Pumps market, due to the large-scale application of stainless steel in water transfer and various manufacturing industries. The polypropylene segment is projected to lead the market in terms of CAGR growth.
- Segmentation of the AODD pumps market on the basis of end-use industry: In terms of end-use industry, energy and wastewater treatment industries are estimated to dominate the AODD pumps market, owing to the rising investments and growth in these industries. The wastewater treatment segment is also projected to register high CAGR growth, along with the construction industry.
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Conclusion: The global Air-Operated Double Diaphragm (AODD) Pumps market is projected to reach USD 4.5 billion by 2027, growing at a CAGR of 4.5% during the forecast period. The market is driven by a number of factors, including the increasing demand for these pumps in various end-use industries, such as oil & gas, chemical, and water & wastewater treatment. The market is segmented on the basis of product, end-use industry, and region. Asia Pacific is expected to be the largest market for AODD pumps. Key players operating in the global Air-Operated Double Diaphragm (AODD) Pumps market include Graco Inc., Ingersoll Rand plc, Flowserve Corporation, Wilden Pump & Engineering LLC, Roper Pump Company, Verder International B.V., Yamada Corporation, Blackmer, and others.
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https://www.openpr.com/news/2676049/air-operated-double-diaphragm-aodd-pumps-market-consumer
https://www.openpr.com/news/2853140/air-operated-double-diaphragm-aodd-pumps-market-is-reaching
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