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Liquid Ring Vacuum Pump Market Analysis

  • Report ID: GMI11460
  • Published Date: Sep 2024
  • Report Format: PDF

Liquid Ring Vacuum Pump Market Analysis

The market is segmented based on type: single-stage, two-stage. The two-stage segment dominated the market in 2023, capturing a substantial market share of 58.4%. This segment is anticipated to maintain its lead, projected to reach a valuation of USD 581.6 Million by 2032. Two-stage liquid ring vacuum pumps are boosting the growth of the market due to their better performance and efficiency. Unlike single-stage models, two-stage pumps reach higher vacuum levels, making them suitable for industries like chemical processing, pharmaceuticals, and food manufacturing that need strict vacuum requirements.
 

This makes them more useful and increases their adoption. The two-stage design also improves reliability by providing consistent performance and handling process changes better. This leads to less downtime and lower maintenance, which is important for industries with continuous operations. Additionally, the two-stage setup handles condensable and wet gases well, improving overall system efficiency.
 

Liquid Ring Vacuum Pump Market Revenue Share, By Material, (2023)

Based on material, the liquid ring vacuum pump market is divided into cast iron, stainless steel, and others. The stainless-steel segment dominated the market in 2023, capturing a substantial market share of 55.3%. This segment is anticipated to maintain its lead, projected to reach a valuation of USD 327.8 Million by 2032. Stainless steel is driving growth in the liquid ring vacuum pumps market due to its excellent properties. Its strong resistance to corrosion makes it perfect for handling aggressive and corrosive gases and fluids, which is important in industries like chemical processing, pharmaceuticals, and food and beverage.
 

Stainless steel’s strength and durability help it withstand high pressures and tough conditions, improving the reliability and lifespan of vacuum pumps. Its smooth surface ensures high cleanliness and hygiene standards, which are crucial for many sectors. Additionally, stainless steel’s thermal stability allows it to perform well across a wide range of temperatures.
 

Based on the distribution channel, the liquid ring vacuum pump market is segmented into direct and indirect. Direct segment dominated the market in 2023, capturing a substantial market share of 65%. This segment is anticipated to maintain its lead, projected to reach a valuation of USD 678.9 Million by 2032. In the liquid ring vacuum pumps market, direct distribution channels are driving growth due to their many benefits. These channels allow manufacturers to provide customized solutions and technical support, which are essential for industries with specific needs. This approach builds stronger relationships between manufacturers and end-users, helping them understand and meet customer requirements better.
 

Additionally, direct distribution gives manufacturers more control over branding, product quality, and customer service, ensuring high standards. The complex sales processes for liquid ring vacuum pumps, which often need detailed consultations and custom solutions, are managed more effectively through direct channels.
 

Asia Pacific Liquid Ring Vacuum Pump Market Size, 2021 – 2032, (USD Million)

The APAC (Asia-Pacific) region leads the liquid ring vacuum pump market with a CAGR of 4.2% and is expected to reach USD 382.1 Million by 2032. The Asia-Pacific (APAC) region leads the liquid ring vacuum pumps market due to several factors. Rapid industrial growth in countries like China, India, and Southeast Asian nations has greatly increased the demand for industrial equipment, including liquid ring vacuum pumps. This rise is driven by large investments in infrastructure, manufacturing, and chemical processing industries, which need efficient vacuum systems.
 

Additionally, the wide range of manufacturing sectors in APAC, such as pharmaceuticals, food and beverage, and petrochemicals, further boosts the demand for these pumps. The region’s focus on modernizing and improving industrial processes also promotes the use of high-performance vacuum technologies. Furthermore, APAC's strong manufacturing capabilities and cost benefits make liquid ring vacuum pumps more accessible and affordable for local industries.
 

North America: In terms of country, the US is dominating the North America liquid ring vacuum pump market with revenue of around USD 146.8 Million in the year 2023 and expected to reach around USD 207.7 Million by 2032. The U.S. has a diverse industrial base, including sectors like pharmaceuticals, chemicals, food and beverage, and oil and gas. These industries often need efficient and reliable vacuum systems, which drives the demand for liquid ring vacuum pumps. The U.S. focuses on technological innovation and modernizing industrial processes. The country's advanced manufacturing and use of new technologies help grow the liquid ring vacuum pumps market, as industries look for high-performance solutions to improve their operations. Additionally, strict environmental regulations in the U.S. increase the need for vacuum technologies that manage emissions and improve efficiency. Liquid ring vacuum pumps, which can handle condensable and wet gases, meet these regulatory needs, boosting their demand.
 

Asia Pacific: China is leading the Asia Pacific liquid ring vacuum pump market is growing at the fastest growth rate of around 4.2% with a market share of around 38.1% in the global market during 2023. China's fast industrial growth has increased the need for industrial equipment like liquid ring vacuum pumps. The country's large investments in manufacturing, chemical processing, and infrastructure are driving the demand for efficient vacuum systems. China is a global manufacturing center with many industries such as pharmaceuticals, food and beverage, petrochemicals, and electronics.
 

These industries need reliable and high-performance vacuum solutions, which boosts the demand for liquid ring vacuum pumps. Additionally, China's focus on technological advancements and modernizing industrial processes is helping the market grow. As Chinese industries adopt better technologies and improve efficiency, the need for advanced vacuum systems like liquid ring pumps increases.
 

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The liquid ring vacuum pump industry was valued at USD 692.5 Million in 2023 and is expected to reach USD 972.6 Million with a CAGR of 3.9% between 2024 and 2032, due to increased demand from general process industries.

The two-stage segment accounted for a market share of 58.4% in 2023 and is anticipated to reach a valuation of USD 581.6 Million by 2032, due to their better performance and efficiency.

Asia-Pacific liquid ring vacuum pump industry is expected to reach USD 382.1 Million by 2032, driven by large investments in infrastructure, manufacturing, and chemical processing industries in nations across the region.

Busch, Cutes, Dekker, Finder, Flowserve, Graham, Ingersoll Rand, Omel, PPI Pumps, and Samson among others.

Liquid Ring Vacuum Pump Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 247
  • Countries covered: 17
  • Pages: 161
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