Liquid Ring Vacuum Pumps Market by Type, Material Type, Flow Rate, Application

Description

List of Tables

[194 Pages Report] The Liquid Ring Vacuum Pumps Market size was estimated at USD 2.17 billion in 2023 and expected to reach USD 2.34 billion in 2024, at a CAGR 8.02% to reach USD 3.73 billion by 2030.

The liquid ring vacuum pumps market exhibits remarkable dynamism, encompassing diverse sectors such as chemicals, energy, and pharmaceuticals across various geographies. The exhaustive scope includes single-stage to multi-stage pumps, presenting an accurate market landscape. The growing demand from general process industries and environmental regulations favoring the use of energy-efficient pumps is propelling the market growth. The high initial cost of liquid ring vacuum pumps with a shift toward hybrid technologies, limited reliability, performance issues, and labor-intensive installation processes might restrict the market growth. The market witnesses burgeoning demand for high-capacity pumps and burgeoning adoption in developing countries, offering significant growth potential. Innovation and research in areas such as enhancing pump efficiency, reducing maintenance requirements, and compact device design could stimulate market growth.

KEY MARKET STATISTICS
Base Year [2023]	USD 2.17 billion
Estimated Year [2024]	USD 2.34 billion
Forecast Year [2030]	USD 3.73 billion
CAGR (%)	8.02%

Type: Expanding use of two-stage liquid ring vacuum pumps in industries owing to higher vacuum level

The single-stage liquid ring vacuum pumps are appreciated particularly for their simplified design and operational efficiency. They are highly effective for operations that demand moderate suction pressure, such as food processing and pharmaceutical industries. Two-stage liquid ring vacuum pumps offer a higher vacuum level, making them suitable for industries that require high-end vacuum, such as the petrochemical and power industries. Single-stage pumps offer reliable performance for moderate vacuum requirements and are lauded for their energy-efficient design. However, the two-stage pumps are more costly and preferred in industries requiring high vacuum levels.

Material Type: Consumer preference for stainless steel liquid ring vacuum pump as it deals with corrosive gasses and vapors

Cast iron is a durable and robust material popular in the construction of liquid ring vacuum pump housings and casings. Its excellent heat dissipation and erosion resistance properties make it ideal for the pump operation under high-pressure and temperature conditions. Stainless steel is preferred for its superior corrosion resistance, making it the go-to choice for applications dealing with corrosive gases or vapors. Their ability to withstand harsh operational environments without leakage or degradation has led to their application in industries including chemical, pharmaceuticals, and food processing. While cast iron vacuum pumps offer cost-efficiency and durability, they are not well suited for applications involving high corrosion. However, stainless steel is costlier and provides superior corrosion resistance and durability and is, therefore, a more fitting choice for specific industries.

Flow Rate: Increasing utilization of 3000-10,000 M3H range pumps in industries including oil & gas, petrochemical and chemical, and power generation

The pumps with a range below 600 M3H are highly sought after in small to medium-sized industrial applications, including food and beverage processing, where the need for maintaining a controlled environment is crucial. The 600 - 3,000 M3H segment is typically employed in larger-scale operations such as chemical processing and oil & gas industries. They are essential for safeguarding operative workers and delicate machinery. Significantly powerful liquid ring vacuum pumps within the 3,000 - 10,000 M3H range are primarily utilized in substantial industrial setups, including power plants and heavy machinery industries. Furthermore, pumps over 10,000 M3H are commonly used for heavy-duty industrial applications. These pumps are primarily designed to handle high capacities and are preferred in industries such as paper manufacturing and wastewater treatment. LRVPs with a flow rate of 3000-10,000 M3H are in significant demand with major utilization across industries such as oil & gas, petrochemical and chemical, pulp & paper, and power generation.

Application: Rising popularity of liquid ring vacuum pumps in the oil & gas and petrochemical for managing volatile substances effectively

Liquid ring vacuum pumps are utilized in the aviation industry to sustain the various systems of an aircraft, including airlift controls and onboard air conditioning. Liquid ring vacuum pumps are essential for cooling systems and brake systems in the automobile sector. Additionally, they are used extensively for shaping and molding processes in the EPS & plastics industry. Businesses are increasingly using liquid ring vacuum pumps for ensuring safety and freshness in the food packaging process due to the enhancement of shelf-life they provide to food products. Liquid ring vacuum pumps have wide applications in the oil & gas industry, especially for extraction and refining processes for their efficiency in managing volatile substances. The application of liquid ring vacuum pumps in the petrochemical and chemical industry for evaporative cooling is significant owing to their high stability and robustness under harsh conditions, boosting their demand. Liquid ring vacuum pumps are employed in the pharmaceutical industry to conduct vacuum drying processes. These pumps have gained popularity due to their ability to reduce contamination risks during production. Leveraging liquid ring vacuum pumps for condenser degassing in power plants is quite prevalent. These pumps have witnessed an increased preference due to their high efficiency and low noise levels. Liquid ring vacuum pumps in the pulp & paper industry assist in extracting water from the pulp during paper production. The preference for these pumps is due to their ability to handle large volumes of liquids. Liquid ring vacuum pumps are essential in the water treatment industry to separate sewage from water. The preference of the sector for LRVPs is rising due to their ability to decrease water waste and ensure clean water.

Regional Insights

The liquid ring vacuum pumps market in the Americas, demonstrates robust growth fueled by significant utilization in the oil & gas, chemical, and power sectors. The United States showcases a considerable demand due to the necessity for efficient and reliable vacuum solutions. Moreover, tightening environmental regulations have driven the pump system upgrades, boosting the regional market growth. The demand for liquid ring vacuum pumps in EMEA is escalating, influenced by different factors. Europe has regulations enforcing energy efficiency and carbon reduction, such as the EU MEPS (Minimum Energy Performance Standard), pushing industries toward energy-efficient pump technologies. The regional market is experiencing a surge in demand due to the expansion of associated markets, including pharmaceuticals and biotechnology. Notably, the Middle East's thriving petrochemical industry adds to the growing pump demand in the EMEA region. Rapid industrialization, particularly in countries such as China and India, has increased the need for liquid ring vacuum pumps in manufacturing, chemical processing, and paper & pulp industries. Furthermore, the region presents potential growth opportunities in the wastewater treatment sector, an offshoot of its escalating urbanization and ongoing industrial expansion.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Liquid Ring Vacuum Pumps Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Liquid Ring Vacuum Pumps Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Liquid Ring Vacuum Pumps Market, highlighting leading vendors and their innovative profiles. These include Acme Air Equipments Company Pvt. Ltd., Airtech Vacuum Inc. by IDEX Corporation, Alfa Laval AB, Atlas Copco AB, Azmec S.r.l., Busch Dienste GmbH, Charam Techno Chemical & Equipments (P) Ltd., Cutes Corporation, Devi Hitech Engineers Pvt Ltd., Ebara Corporation, EMTIVAC Engineering Pty. Ltd., Finetech Vacuum Pumps, Flowserve Corporation, Gneuss Kunststofftechnik GmbH, Graham Corporation, Guangdong Kenflo Pump Limited, HIS PUMPS & SYSTEMS PVT. LTD, IMAG Company, INDOVAC PUMPS & ENGINEERING CO., Ingersoll Rand Inc., IVC Pumps Pvt. Ltd., J.B.Sawant Engineering Pvt. Ltd., Kakati Karshak Industries Pvt Ltd., KNF Group, KSB SE & Co. KGaA, Korting Hannover GmbH, Marpa Vacuum S.L., MXQ, LLC, Pfeiffer Vacuum Technology AG, Pompetravaini S.p.A., PPI Pumps Pvt. Ltd., Premier Fluid Systems Inc., PREMIER Pumps Private Limited, Samson Pumps A/S, Shandong CHINCO Pumps Co., Ltd., Somarakis by Triosim Corporation, SPECK Pumpen Verkaufsgesellschaft GmbH, Sulzer Ltd., TMVT Industries Pvt. Ltd., Toshniwal Instruments (Madras) Pvt. Ltd., Tsurumi Manufacturing Co., Ltd., VAKUO GmbH, Vooner by Aerzener Maschinenfabrik GmbH, Zibo Zhaohan Vacuum Pump Co., Ltd., and ZM Vacuum GmbH.

Market Segmentation & Coverage

This research report categorizes the Liquid Ring Vacuum Pumps Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Single-Stage
- Two-Stage

Material Type
- Cast Iron
- Stainless Steel

Flow Rate
- 3,000 - 10,000 M3H
- 600 - 3,000 M3H
- Below 600 M3H
- Over 10,000 M3H

Application
- Aerospace & Defence
- Automobile
- Chemical & Material
- Food Manufacturing
- Oil & Gas
- Pharmaceutical
- Power Generation
- Pulp & Paper
- Water Treatment

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Liquid Ring Vacuum Pumps Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Liquid Ring Vacuum Pumps Market?

3. What are the technology trends and regulatory frameworks in the Liquid Ring Vacuum Pumps Market?

4. What is the market share of the leading vendors in the Liquid Ring Vacuum Pumps Market?

5. Which modes and strategic moves are suitable for entering the Liquid Ring Vacuum Pumps Market?

Product Code: MRR-2131A4086D83

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing demand for liquid ring vacuum pumps from general process industries
  - 5.1.1.2. Environmental regulations favoring the use of energy-efficient pumps
- 5.1.2. Restraints
  - 5.1.2.1. High initial cost of liquid ring vacuum pumps with a shift toward hybrid technologies
- 5.1.3. Opportunities
  - 5.1.3.1. Technological innovations in liquid ring vacuum pump design
  - 5.1.3.2. Emerging application of liquid ring vacuum pumps in the pharmaceutical sector
- 5.1.4. Challenges
  - 5.1.4.1. Limited reliability and performance issues along with labor-intensive installation process
5.2. Market Segmentation Analysis
- 5.2.1. Type: Expanding use of two-stage liquid ring vacuum pumps in industries owing to higher vacuum level
- 5.2.2. Material Type: Consumer preference for stainless steel liquid ring vacuum pump as it deals with corrosive gasses and vapors
- 5.2.3. Flow Rate: Increasing utilization of 3000-10,000 M3H range pumps in industries including oil & gas, petrochemical and chemical, and power generation
- 5.2.4. Application: Rising popularity of liquid ring vacuum pumps in the oil & gas and petrochemical for managing volatile substances effectively
5.3. Market Trend Analysis
- 5.3.1. Increasing focus on sustainability in power and energy generation coupled with growing investment for water treatment in the Americas region
- 5.3.2. Burgeoning manufacturing sector and with government regulations for reducing industrial pollution in the Asia-Pacific region
- 5.3.3. Increasing investment in the pharmaceutical and oil & gas sector coupled with a strong foothold of major players in the EMEA region
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework Analysis

6. Liquid Ring Vacuum Pumps Market, by Type

6.1. Introduction
6.2. Single-Stage
6.3. Two-Stage

7. Liquid Ring Vacuum Pumps Market, by Material Type

7.1. Introduction
7.2. Cast Iron
7.3. Stainless Steel

8. Liquid Ring Vacuum Pumps Market, by Flow Rate

8.1. Introduction
8.2. 3,000 - 10,000 M3H
8.3. 600 - 3,000 M3H
8.4. Below 600 M3H
8.5. Over 10,000 M3H

9. Liquid Ring Vacuum Pumps Market, by Application

9.1. Introduction
9.2. Aerospace & Defence
9.3. Automobile
9.4. Chemical & Material
9.5. Food Manufacturing
9.6. Oil & Gas
9.7. Pharmaceutical
9.8. Power Generation
9.9. Pulp & Paper
9.10. Water Treatment

10. Americas Liquid Ring Vacuum Pumps Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Liquid Ring Vacuum Pumps Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Liquid Ring Vacuum Pumps Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. Market Share Analysis, 2023
13.2. FPNV Positioning Matrix, 2023
13.3. Competitive Scenario Analysis
- 13.3.1. Triosim Announces Purchase Agreement for Somarakis, Inc.
- 13.3.2. Atlas Copco Completes Acquisition of Chinese Manufacturer Oo Liquid Ring Pumps And Systems
- 13.3.3. Busch Vacuum Solutions USA Acquires Vacuum Service and Sales Provider
- 13.3.4. Nash 2BV2 Liquid Ring Vacuum Pump Newly Launched Explosion-Proof Motor Series
- 13.3.5. Busch Vacuum Solutions Builds New Production Plant in China
- 13.3.6. Ingersoll Rand to Acquire Everest Groupe
- 13.3.7. Aerzen USA Acquires Vooner Flogard Corporation

14. Competitive Portfolio

14.1. Key Company Profiles
14.2. Key Product Portfolio