Wet Vacuum Pumps Market Size - By Type (Liquid Ring, Rotary Vane, Rotary Piston Vacuum Pumps), By Application (Chemical Processing, Pharmaceuticals, Plastics, Power, Metallurgy, Food Processing, Others), By Capacity, Distribution Channel & Forecast, 2024 – 2032

Wet Vacuum Pumps Market Size

Wet Vacuum Pumps Market was valued at USD 1.99 trillion in 2023 and is anticipated to register a CAGR of 4.4% during 2024 to 2032. Wet vacuum pumps are essentials for drying and packaging in industrial operations such as chemical processing, food processing, pharmaceuticals, plastics, and power. Manufacturers are investing in R&D to create more robust, energy-efficient models that meet strict environmental regulations.
 

Furthermore, the growing electronics and semiconductor industry is also contributing to the wet vacuum pumps market growth. Wet vacuum pumps are known for their ability to keep the surroundings clean, especially in the electronics industry. Thus, with the rising demand for consumer electronics, there is a growing need for wet vacuum pumps for effective production.

A significant challenge is the high cost of advanced technology associated with these pumps. The initial investment for wet vacuum pumps is high. Additionally, the wet vacuum pumps market is highly competitive due to numerous manufacturers in the market. This leads to low profit margins, price wars, and low product differentiation. The manufacturers must invest in R&D to come up with pumps updated with new technology in order to remain competitive in the market. As the product demand is directly connected with various industries, such as pharmaceuticals, food processing, and plastics, manufacturers should cater to the different needs and demands of these industries.
 

Wet Vacuum Pumps Market Trends

There is a growing demand for energy-saving pumps in the market. This trend is driven by strict environmental regulations by governments. Manufacturers are focusing on producing pumps with energy-saving technologies that can reduce energy consumption and lower operational costs. For instance, Busch Vacuum Solutions has adapted the variable speed drive technology, which is a digital controller that regulates the rotational speed of a motor. It can be controlled as per the production need, enabling energy saving.
 

Wet Vacuum Pumps Market Analysis

Based on type, the liquid ring vacuum pumps segment was worth USD 760.6 billion in 2023 and is projected to reach USD 1.11 trillion by 2032. The dominance of liquid ring vacuum pumps is attributed to their versatility in handling the gases generated during the operations. Furthermore, their robust performance, low maintenance requirement, and durability in harsh conditions add to their demand across various industries such as chemical, food processing, plastics, and pharmaceuticals.
 

Based on capacity, the medium capacity segment dominated about 47% share of the wet vacuum pumps market in 2023. The segment’s dominance is largely due to the versatility of medium capacity pumps as they can handle various volumes of liquids, and they are also adaptable to the chemical, pharmaceuticals, and food processing industries’ day-to-day operations. This segment is projected to reach USD 1.41 trillion by 2032, driven by these advantages and the continuous need for high-performance, reliable vacuum pumps in various industries.
 

Based on application, the plastics segment was crossed USD 563.8 billion in 2023 and is projected to surpass USD 837.6 billion by 2032. Wet vacuum pumps are crucial in several operations in the plastics industry such as molding and shaping. These pumps are essential for removing moisture, making them attractive to plastic industries seeking efficient and cost-effective operations. In the plastics industry, harmful gases are also released. Wet vacuum pumps help control and remove these gases, reducing environmental impact, thus helping companies deal with strict environmental regulations.
 

Asia Pacific region captured more than 30.84% share of the wet vacuum pumps market in 2023 and is expected to reach USD 933.88 million by 2032. Countries, such as China and India, are experiencing rapid industrialization across sectors, including electronics, semiconductors manufacturing, chemicals, and pharmaceuticals, which rely on wet vacuum pumps for operations.
 

Moreover, increased semiconductor production in countries, such as Taiwan and South Korea, is contributing to the demand for wet vacuum pumps owing to their vast role in the fabrication processes. These factors have positioned Asia Pacific as a critical player in the global market, with strong growth prospects in the coming years.  
 

Country Level Analysis

In terms of country, the U.S. is dominating the North America wet vacuum pumps market, generating a revenue of around USD 317.85 billion in 2023 and is expected to reach around USD 471.3 billion by 2032.
 

This dominance is attributed to the region’s strong industrial presence across sectors, such as chemicals, food processing, and pharmaceuticals, which require reliable solutions for their operations. Additionally, the country's stringent environmental regulations further drive the installation of wet vacuum pumps due to their efficient handling of gas emissions and harmful materials.
 

Germany is dominating the European market for wet vacuum pumps with a revenue of around USD 92.55 billion in 2023 and is expected to reach around USD 141.7 million by 2032.
 

Germany dominates the Europe wet vacuum pumps market owing to its robust industrial base, technological innovation, and commitment to environmental sustainability. As one of Europe's leading manufacturing hubs, Germany has a high demand for efficient vacuum pumps, generated from various industries including pharmaceuticals, plastics, and chemical processing.
 

German companies are known for their precision engineering and high-quality production standards, driving the demand for wet vacuum pumps that offer superior performance and energy efficiency. Moreover, the country’s stringent environmental regulations push industries to adopt greener technologies, fueling the demand for wet vacuum pumps, which minimize energy consumption and emissions.
 

China is leading with an overall market share of around 32.16% in the Asia Pacific market and is expected to reach USD 306.31 billion by 2032. This lead can be attributed to rapid industrialization and growth of the chemical, pharmaceuticals, plastics, and power industries, leading to a significant demand for wet vacuum pumps in these sectors.
 

The country's vast population and strategic global expansion growth have necessitated substantial investments in wet vacuum pumps for effective operations. Additionally, China's manufacturing process and robust supply-chain infrastructure allow for cost-effective production with the use of wet vacuum pumps. The Chinese government's policies promoting energy efficiency and sustainability further bolster this market, encouraging industries to adopt wet vacuum pumps for their eco-friendly benefits.
 

Wet Vacuum Pumps Market Share

The key players operating in the market are Atlas Copco AB, Gardner Denver Holdings, Inc, Busch Vacuum Solutions, Pfeiffer Vacuum GmbH, Edwards Vacuum, and ULVAC, Inc. These players focus on strategic partnerships and introduction of new wet vacuum pumps for market expansion. They heavily invest in research to introduce pumps integrated with innovative technology and garner maximum revenue in the market.
 

Wet Vacuum Pumps Market Companies

Major players operating in the wet vacuum pumps industry include:

• Atlas Copco AB
• Gardner Denver Holdings, Inc.
• Busch Vacuum Solutions
• Pfeiffer Vacuum GmbH
• Edwards Vacuum
• ULVAC, Inc.
• Leybold GmbH
• Ebara Corporation
• Becker Pumps Corporation
• Dekker Vacuum Technologies, Inc.
• Tuthill Corporation
• Hokaido Co., Ltd.
• Pfeiffer Vacuum Technology AG
• Graham Corporation
• Flowserve Corporation
   

Wet Vacuum Pumps Industry News

• In April 2024, Becker Pumps Corp. acquired Air Vac Systems. This acquisition helped increase the efficiency, expand its reach, and boost customer satisfaction.
   
• In November 2023, Graham Corporation acquired P3 Technologies to expand its technological solutions
   
• In March 2023, Flowserve Corporation launched a new series of dry running vacuum pump. The series was designed to reduce the cycle times for batch processes.
   

This wet vacuum pumps market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume (Thousand Units) and revenue (USD Million) from 2021 to 2032, for the following segments:

Click here to Buy Section of this Report

Market, By Type

• Liquid ring vacuum pumps
• Rotary vane vacuum pumps
• Rotary piston vacuum pumps
• Others

Market, By Capacity

• Low capacity (Up to 100 m³/h)
• Medium capacity (100-1,000 m³/h)
• High capacity (Above 1,000 m³/h)

Market, By Application

• Chemical processing
• Pharmaceutical
• Plastics
• Power
• Metallurgy
• Food processing
• Others

Market, By Distribution Channel

• Direct sales
• Indirect sales

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia
  • Indonesia
  • Rest of Asia Pacific 
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of MEA