Global liquid ring vacuum pumps market is estimated to be valued at US$ 1,142.2 Mn in 2024 and is expected to reach US$ 1,562.4 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 4.6% from 2024 to 2031. Liquid ring vacuum pumps work on the principle of displacing the vapor molecules with an inert liquid, typically water, or a hydrocarbon oil. They are highly efficient in applications involving the evacuation and compression of wet or dirty gases. Rising demand from the chemical, oil & gas, and power industries has been a major factor driving the growth of the liquid ring vacuum pumps market. Increasing investments in process manufacturing facilities across developing nations also support the increasing adoption of these pumps. However, fluctuating raw material prices and availability issues associated with some key components remain challenges for market players.

Market Dynamics:

Global liquid ring vacuum pumps market is primarily driven by growing infrastructure development activities in the chemical, power, and oil & gas industries worldwide. Rapid urbanization and industrialization in developing regions of Asia Pacific and Latin America have increased investments in new refineries, petrochemical plants, power projects, and other process manufacturing facilities which utilize liquid ring vacuum pumps for various evaporation, distillation, and drying applications. Additionally, stringent environmental norms regarding emissions from industrial processes have necessitated the use of more efficient pumps like liquid ring vacuum pumps which can handle wet gases and vapors. However, price volatility of raw materials such as iron, copper, and aluminum which are used in manufacturing liquid ring vacuum pump components may negatively impact the market growth during uncertain economic conditions. Also, supply chain disruptions arising due to geopolitical issues pose a challenge for seamless procurement of some critical components like motors and valves from international markets. Ongoing R&D to introduce advanced hybrid pump designs with reduced energy consumption and lower life cycle costs can create new revenue streams for market players over the forecast period.

Key Features of the Study:

- This report provides in-depth analysis of the global liquid ring vacuum pumps market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players

- It profiles key players in the global liquid ring vacuum pumps market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

- Key companies covered as a part of this study include Gardner Denver Inc., Busch Vacuum Solutions, Atlas Copco, Dekker Vacuum Technologies, Flowserve Corporation, Tuthill Corporation, Pfeiffer Vacuum GmbH, Graham Corporation, Ingersoll Rand, KSB SE & Co. KGaA, Ebara Corporation, Sterling SIHI (now part of Flowserve), and NES Company Inc.

- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

- The global liquid ring vacuum pumps market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global liquid ring vacuum pumps market

Market Segmentation

• By Type Insights (Revenue, USD, 2019 - 2031)
• • Single-stage Liquid Ring Vacuum Pumps
  • Two-stage Liquid Ring Vacuum Pumps
• By Material Insights (Revenue, USD, 2019 - 2031)
• • Cast Iron
  • Stainless Steel
  • Others (Bronze, Aluminum)
• By Application Insights (Revenue, USD, 2019 - 2031)
• • Chemical
  • Oil & Gas
  • Power Generation
  • Food & Beverage
  • Pulp & Paper
  • Other
• By Regional Insights (Revenue, USD, 2019 - 2031)
• • North America
    • U.S.
    • Canada
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Rest of Latin America
  • Europe
    • Germany
    • U.K.
    • Spain
    • France
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Middle East
    • GCC Countries
    • Israel
    • Rest of Middle East
  • Africa
    • South Africa
    • North Africa
    • Central Africa
• Key Players Insights
• • Gardner Denver Inc.
  • Busch Vacuum Solutions
  • Atlas Copco
  • Dekker Vacuum Technologies
  • Flowserve Corporation
  • Tuthill Corporation
  • Pfeiffer Vacuum GmbH
  • Graham Corporation
  • Ingersoll Rand
  • KSB SE & Co. KGaA
  • Ebara Corporation
  • Sterling SIHI (now part of Flowserve)
  • NES Company, Inc