Liquid Ring Vacuum Pumps Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The global Liquid Ring Vacuum Pumps Market is expected to be reach at USD 2,493.3 million in 2021 and is projected to grow a CAGR of 5.2% over the forecast period from 2021 to 2028.
Liquid Ring Vacuum Pumps Market Overview:
A liquid ring pump is a rotary positive displacement pump used as a vacuum pump and gas compressor. It is a unique class of pump that is non-pulsating and designed primarily for the removal of gases. The impeller is placed eccentrically to help create a ring of liquid and keep it around the periphery of the pump. Unlike other vacuum pumps, liquid ring vacuum pumps require less maintenance and come with a longer warranty.
Liquid Ring Vacuum Pumps market size estimates and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Liquid Ring Vacuum Pumps market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and other global crises.
The global Liquid Ring Vacuum Pumps market is the professional and accurate study of various business perspectives such as major key players, key geographies, divers, restraints, opportunities, and challenges. This global research report has been aggregated on the basis of various market segments and sub-segments associated with the global market.
Significant Liquid Ring Vacuum Pumps Market Dynamics and Growth Factors:
Driver: low maintenance and operating costs
Liquid ring pumps can be used for both vacuum and compression duties, which makes them popular in various industries. Like liquids, pumps use their impellers to compress gases. These pumps can be used in applications such as vacuum distillation, water extraction, vacuum condensation, air or ash handling, evaporation, mineral processing, and separation of water from pulp. Liquid ring vacuum pumps require minimal maintenance compared to other mechanical pumps as they are driven by liquid ring technology with only one rotating part, the impeller, reducing the need for regular maintenance.
Opportunity: Growing Demand for Environmentally Friendly Compressors
As emission levels rise and fuel usage in compressed air systems increases, so does the need for environmentally friendly compressors. Liquid ring vacuum pumps and compressors can achieve long-term savings and ensure a cleaner environment. Environmentally friendly liquid ring vacuum pumps require less fuel and are quieter than rotary compressors. These pumps are constructed of durable materials that can withstand volatile gases and vapors without affecting their performance. Since the gas is compressed at the same temperature in the cavity, the pump is able to safely pump explosive gases. All these factors create better growth opportunities for the liquid ring vacuum pump market during the forecast period.
Challenge: Adhere to strict quality standards
Most industrialized countries have implemented strict regulations which must be followed during the use of compressors to limit pollutant emissions from air and gas compressors and prevent health hazards due to contaminated compressed air. Contamination of compressed air is a major problem in several industries such as the food and beverage and chemical industry. A more secure supply of compressed air is required to maintain efficient and cost-effective production.
- In February 2020, Atlas Copco Airpower N.V. acquired Dekker Vacuum Technologies Inc., a U.S.-based provider of vacuum equipment.
- In February 2020, Edwards Vacuum, a subsidiary of Edwards, launched a new range of new liquid ring pumps.
The top Key Players included in the Liquid Ring Vacuum Pumps Market are
Dekker Vacuum Technologies, Busch Vacuum Technics, Flowserve Corporation, Tsurumi Manufacturing, Atlas Copco, Agilent, ULVAC, Gardner Denver Nash, Tuthill Vacuum & Blower Systems, Graham Corp, Becker Pumps, Pfeiffer Vacuum, Osaka Vacuum, Wenling Tingwei V, and others.
The Liquid Ring Vacuum Pumps market research report is categorized based on type, applications, and region.
On the Basis of Type:
- <500 cfm
- 500m3-1500 Cfm
- >1500 cfm
On the Basis of Application:
- Chemical & Petrochemical
- Oil and Gas
- Power generation
- Paper and Pulp
- General Process Industries
- Water Treatment
- Cast Iron
- Stainless steel
On the Basis of Region:
Geographically, the global Liquid Ring Vacuum Pumps market has been analyzed in various regions such as North America, Latin America, the Middle East, Asia-Pacific, Africa, Europe, and India. The global Liquid Ring Vacuum Pumps region is dominating this market in the upcoming future.
Asia Pacific is attracting investors to set up their production facilities owing to the easy availability of raw materials and labor at low costs. Industrial activities are growing in this region owing to low manufacturing costs and support of local governments. Moreover, increasing investments in research and development activities are also driving the liquid ring vacuum pumps market in the Asia Pacific.
Further, the regions are divided into countries as follows
- North America
- Rest of North America
- The Netherlands
- Nordic Countries
- Benelux Union
- Rest of Europe
- Rest of Southeast Asia
- South Korea
- Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
Liquid Ring Vacuum Pumps Market report scope
CAGR of 5.2% during the forecast period.
<500 cfm, 500m3-1500 cfm, >1500 cfm
Chemical & Petrochemical, Oil and Gas, Power generation, Paper and Pulp, General Process Industries, Pharmaceuticals, Aircraft, Automobile, Water Treatment
Dekker Vacuum Technologies, Busch Vacuum Technics, Flowserve Corporation, Tsurumi Manufacturing, Atlas Copco, Agilent, ULVAC, Gardner Denver Nash, Tuthill Vacuum & Blower Systems, Graham Corp, Becker Pumps, Pfeiffer Vacuum, Osaka Vacuum, Wenling Tingwei V
Regions and Countries Covered
2017 to 2022
2023 to 2030
The major key questions addressed through this innovative research report:
What are the major challenges in front of the global Liquid Ring Vacuum Pumps market?
Who are the key vendors of the global Liquid Ring Vacuum Pumps market?
What are the leading key industries of the global Liquid Ring Vacuum Pumps market?
Which factors are responsible for driving the global Liquid Ring Vacuum Pumps market?
What are the key outcomes of SWOT and Porter’s five analysis?
What are the major key strategies for enhancing global opportunities?
What are the different effective sales patterns?
What will be the global market size in the forecast period?
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