The Global Liquid Ring Vacuum Pumps Market is poised to witness substantial growth, with an estimated value of USD 2.17 billion in 2023, growing at a CAGR of 8.02% over the forecast period 2024-2032. Liquid ring vacuum pumps are integral to a variety of industries due to their efficiency and reliability in handling gases and vapors. These pumps are crucial for operations in sectors such as chemicals, pharmaceuticals, energy, and others, where their robust design and operational efficacy are highly valued. The demand for liquid ring vacuum pumps is being driven by the growing need for energy-efficient and environmentally friendly pumping solutions in general process industries. Strict environmental regulations favoring energy-efficient equipment and the expanding applications in developing countries further fuel market growth. Innovations aimed at enhancing pump efficiency, reducing maintenance requirements, and compact device design are anticipated to open new growth avenues for the market.
Two-stage liquid ring vacuum pumps are particularly gaining traction for their higher vacuum levels, essential for industries requiring high-end vacuum applications like petrochemicals and power generation. On the other hand, single-stage pumps, known for their operational efficiency and energy savings, are popular in the food processing and pharmaceutical industries. The material type plays a significant role, with stainless steel being preferred for its superior corrosion resistance in handling corrosive gases and vapors, while cast iron is favored for its cost-efficiency and durability in high-pressure and temperature conditions.
The key regions considered for the Global Liquid Ring Vacuum Pumps Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Regionally, the Americas lead the market due to significant utilization in oil & gas, chemical, and power sectors. The stringent environmental regulations in the United States necessitate efficient vacuum solutions, boosting market growth. Europe is witnessing increased demand driven by energy efficiency regulations and the expansion of the pharmaceutical and biotechnology sectors. The Middle East's thriving petrochemical industry also contributes to the market's growth. Asia-Pacific, with rapid industrialization in countries like China and India, presents vast growth opportunities, particularly in manufacturing, chemical processing, and wastewater treatment sectors.
Major market players included in this report are:
- Alfa Laval AB
- Atlas Copco AB
- Busch Dienste GmbH
- Flowserve Corporation
- Ebara Corporation
- Ingersoll Rand Inc.
- Sulzer Ltd.
- KSB SE & Co. KGaA
- Tsurumi Manufacturing Co., Ltd.
- Pfeiffer Vacuum Technology AG
- Gardner Denver Holdings, Inc.
- Nash Engineering Company
- Graham Corporation
- Samson Pumps A/S
- Premier Fluid Systems Inc.
The detailed segments and sub-segment of the market are explained below:
By Type:
By Material Type:
- Cast Iron
- Stainless Steel
By Flow Rate:
- Below 600 M3H
- 600 - 3,000 M3H
- 3,000 - 10,000 M3H
- Over 10,000 M3H
By Application:
- Aerospace & Defence
- Automobile
- Chemical & Material
- Food Manufacturing
- Oil & Gas
- Pharmaceutical
- Power Generation
- Pulp & Paper
- Water Treatment
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and regional level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market.
Table of Contents
Chapter 1. Global Liquid Ring Vacuum Pumps Market Executive Summary
- 1.1. Global Liquid Ring Vacuum Pumps Market Size & Forecast (2022-2032)
- 1.2. Regional Summary
- 1.3. Segmental Summary
- 1.3.1. By Type
- 1.3.2. By Material Type
- 1.3.3. By Flow Rate
- 1.3.4. By Application
- 1.4. Key Trends
- 1.5. Recession Impact
- 1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Liquid Ring Vacuum Pumps Market Definition and Research Assumptions
- 2.1. Research Objective
- 2.2. Market Definition
- 2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.3.1. Availability
- 2.3.3.2. Infrastructure
- 2.3.3.3. Regulatory Environment
- 2.3.3.4. Market Competition
- 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
- 2.3.4.1. Regulatory frameworks
- 2.3.4.2. Technological Advancements
- 2.3.4.3. Environmental Considerations
- 2.3.4.4. Consumer Awareness & Acceptance
- 2.4. Estimation Methodology
- 2.5. Years Considered for the Study
- 2.6. Currency Conversion Rates
Chapter 3. Global Liquid Ring Vacuum Pumps Market Dynamics
- 3.1. Market Drivers
- 3.1.1. Growing Demand from General Process Industries
- 3.1.2. Favorable Environmental Regulations
- 3.1.3. Burgeoning Demand in Developing Countries
- 3.2. Market Challenges
- 3.2.1. High Initial Costs
- 3.2.2. Performance and Reliability Issues
- 3.3. Market Opportunities
- 3.3.1. Innovation in Pump Efficiency
- 3.3.2. Adoption of Compact Device Design
- 3.3.3. Expansion in Wastewater Treatment Sector
Chapter 4. Global Liquid Ring Vacuum Pumps Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Liquid Ring Vacuum Pumps Market Size & Forecasts by Type 2022-2032
- 5.1. Segment Dashboard
- 5.2. Global Liquid Ring Vacuum Pumps Market: Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Single-Stage
- 5.2.2. Two-Stage
Chapter 6. Global Liquid Ring Vacuum Pumps Market Size & Forecasts by Material Type 2022-2032
- 6.1. Segment Dashboard
- 6.2. Global Liquid Ring Vacuum Pumps Market: Material Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Cast Iron
- 6.2.2. Stainless Steel
Chapter 7. Global Liquid Ring Vacuum Pumps Market Size & Forecasts by Flow Rate 2022-2032
- 7.1. Segment Dashboard
- 7.2. Global Liquid Ring Vacuum Pumps Market: Flow Rate Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Below 600 M3H
- 7.2.2. 600 - 3,000 M3H
- 7.2.3. 3,000 - 10,000 M3H
- 7.2.4. Over 10,000 M3H
Chapter 8. Global Liquid Ring Vacuum Pumps Market Size & Forecasts by Application 2022-2032
- 8.1. Segment Dashboard
- 8.2. Global Liquid Ring Vacuum Pumps Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Aerospace & Defence
- 8.2.2. Automobile
- 8.2.3. Chemical & Material
- 8.2.4. Food Manufacturing
- 8.2.5. Oil & Gas
- 8.2.6. Pharmaceutical
- 8.2.7. Power Generation
- 8.2.8. Pulp & Paper
- 8.2.9. Water Treatment
Chapter 9. Global Liquid Ring Vacuum Pumps Market Size & Forecasts by Region 2022-2032
- 9.1. North America Liquid Ring Vacuum Pumps Market
- 9.1.1. U.S. Liquid Ring Vacuum Pumps Market
- 9.1.1.1. Type breakdown size & forecasts, 2022-2032
- 9.1.1.2. Material Type breakdown size & forecasts, 2022-2032
- 9.1.1.3. Flow Rate breakdown size & forecasts, 2022-2032
- 9.1.1.4. Application breakdown size & forecasts, 2022-2032
- 9.1.2. Canada Liquid Ring Vacuum Pumps Market
- 9.2. Europe Liquid Ring Vacuum Pumps Market
- 9.2.1. Germany Liquid Ring Vacuum Pumps Market
- 9.2.2. U.K. Liquid Ring Vacuum Pumps Market
- 9.2.3. France Liquid Ring Vacuum Pumps Market
- 9.2.4. Italy Liquid Ring Vacuum Pumps Market
- 9.2.5. Spain Liquid Ring Vacuum Pumps Market
- 9.2.6. Rest of Europe Liquid Ring Vacuum Pumps Market
- 9.3. Asia-Pacific Liquid Ring Vacuum Pumps Market
- 9.3.1. China Liquid Ring Vacuum Pumps Market
- 9.3.2. Japan Liquid Ring Vacuum Pumps Market
- 9.3.3. India Liquid Ring Vacuum Pumps Market
- 9.3.4. South Korea Liquid Ring Vacuum Pumps Market
- 9.3.5. Australia Liquid Ring Vacuum Pumps Market
- 9.3.6. Rest of Asia-Pacific Liquid Ring Vacuum Pumps Market
- 9.4. Latin America Liquid Ring Vacuum Pumps Market
- 9.4.1. Brazil Liquid Ring Vacuum Pumps Market
- 9.4.2. Mexico Liquid Ring Vacuum Pumps Market
- 9.4.3. Rest of Latin America Liquid Ring Vacuum Pumps Market
- 9.5. Middle East and Africa
- 9.5.1. Saudi Arabia Liquid Ring Vacuum Pumps Market
- 9.5.2. South Africa Liquid Ring Vacuum Pumps Market
- 9.5.3. Rest of Middle East and Africa Liquid Ring Vacuum Pumps Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Alfa Laval AB
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Market Strategies
- 10.2.2. Atlas Copco AB
- 10.3.3. Busch Dienste GmbH
- 10.3.4. Flowserve Corporation
- 10.3.5. Ebara Corporation
- 10.3.6. Ingersoll Rand Inc.
- 10.3.7. Sulzer Ltd.
- 10.3.8. KSB SE & Co. KGaA
- 10.3.9. Tsurumi Manufacturing Co., Ltd.
- 10.3.10. Pfeiffer Vacuum Technology AG
- 10.3.11. Gardner Denver Holdings, Inc.
- 10.3.12. Nash Engineering Company
- 10.3.13. Graham Corporation
- 10.3.14. Samson Pumps A/S
- 10.3.15. Premier Fluid Systems Inc.
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes