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Air-Operated Double-Diaphragm (AODD) Pump Comprehensive Market: Segmented: by Valve Type (Ball Valve and Flap Valve); By Mechanism (Air-Operated Pumps and Electrically Operated Pumps); By Application (Water &Wastewater, Oil &Gas, Chemical &Petrochemical, Pharmaceutical, Food &Beverages and Others); By Discharge Pressure (Less than 80 bar, Between 80 to 200 bar, and Greater than 200 bar); By Material Type (Plastic and Metal); By Region (North America, Asia-pacific, Europe, Latin America and Middle-East and Africa)- Analysis of market share, size & trends for 2016-19 and forecasts to 2030
AODD Pump Comprehensive Market to surpass USD 3.1 billion by 2030, which is valued at 1.826 billion in 2019 at a compound annual growth rate of 4.9%
Air-Operated Double-diaphragm (AODD) pumps, also called pneumatic diaphragm pumps, powered by air are pumps with a stable speed and volume of displacement of liquids. The pump retains a fixed quantity of liquid and is then released through an escape. Typically, these pumps are propelled by air. The diaphragm pumps are often used to extract the fluids using the diaphragm's reciprocal motion. A reciprocal diaphragm includes the diaphragm pumps and valves used to regulate the fluid in and out. To improve the lives of the diaphragm pumps, the most important factor is the choice of suitable diaphragm matter according to application. The AODD pumps are used in several industries such as coatings, mining, ceramics, chemical, electroplating & anodizing, pulp & paper, oil & gas, and water or wastewater treatment.
The AODD Pump Comprehensive Market is estimated to grow on the back of the following reasons. The key driver of the AODD Pump Comprehensive Market is increasing application in oil & gas and water or wastewater treatment industries. Additionally, rapid industrialization, increasing population, escalating expenditure on infrastructural facilities, improving the standard of living, mounting actions in onshore and off-shore discovery in the oil & gas industry among several areas, due to increased exploitation of energy fuels, are projected to aid the market growth during the forecast period. Nonetheless, the excessive operating costs and design restraints are likely to act as major factors hampering market growth. Yet, producers are persistently concentrating on constructing highly-competent and effective products which is likely to fuel the overall growth of the AODD pump market.
Based on the type of valves, the global AODD pump market is segmented as a ball valve and flap valve. The ball valve segment contributed a significant market share in 2019 and is anticipated to grow at the fastest CAGR during the forecast period, globally due to clear design and ease of representation.
Based on the mechanism, the global AODD pump comprehensive market has been categorized into air-operated pumps and electrically operated pumps. The air-operated pumps held a major market share in 2019 and are expected to grow at a significant CAGR. The air-operated pumps segment is likely to gain momentum during the forecast period, owing to a large number of operations in the chemical, Pharma, and oil & gas sectors.
Based on the applications, the AODD pump market is divided into water & wastewater, oil & gas, chemical & petrochemical, pharmaceutical, food & beverages, and others. The Water & Wastewater segment occupied a major share in 2019, followed by the oil & gas segment. The Water & Wastewater Segment is projected to grow at a CAGR of XX% shortly due to the rising population demanding clean water, industrial growth, rising concern to save water & waste-water treatment, and strict government rules will fuel the growth of the water & wastewater segment.
Less than 80 bar pumps to be the leading segment of the global AODD pumps market
Global AODD pumps market is segmented based on discharge pressure into less than 80 bars, between 80 bars to 200 bars, and greater than 200 bar. The less than 80 bar segments captured a major market share in 2019. This segment is predicted to be the leading segment as it is employed in most of the end-user industries.
Based on material, the global AODD pump comprehensive market is segregated into plastic and metal. The metal segment accounted for a major market share in 2019 and is anticipated to register the fastest growth during the forecast period. This is so because AODD pumps that are made up of metal are utilized for sterile uses like pharmaceutical, biotechnology, and food& beverage industry.
Wide variety of applications in different industry verticals to push the demand
The advancements in technology have made the AODD pumps small and have an easy layout. Due to this, the AODD pumps are being employed in several industries thereby, boosting its demand in the coming years. Moreover, the advantageous traits of the AODD pump like cost-effectiveness, fluctuating flow control, and fewer chances of breakdown lead to a rise in the use of the AODD pumps in a number of verticals. The latest air-operated double diaphragm used for the transportation of the fluids which contains huge solids operates without electricity and is forecasted to drive the growth of the market during the forecast period.
Asia-Pacific to grow at the highest CAGR during the forecast period
Global AODD Pump Comprehensive Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia-Pacific, and Middle-East & Africa. Geographically, Asia-Pacific is projected to dominate the market. Expansion of the construction market, rapid industrialization, increased demand from end-users, improved standard of living, rising concerns regarding sanitation, and hygiene are some of the factors fuelling the demand for AODD pumps in the region. Further, North America & Europe are to capture significant share after Asia-Pacific owing to increasing expenditure in infrastructure in the region and faster adoption of technology.
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