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Liquid Ring Vacuum Pumps Market Report Scope & Overview:

The Liquid Ring Vacuum Pumps Market Size was valued at USD 1.15 billion in 2022, and is expected to reach USD 1.73  billion by 2030, and grow at a CAGR of 5.2% over the forecast period 2023-2030.

Liquid ring vacuum pump systems are a reliable and inexpensive solution that was mostly made to meet the needs of individual consumers. Dry gas or dry air is compressed by a liquid ring vacuum pump in the same way that it is compressed by any other displacement pump. However, a liquid ring pump is even more compressed than any other pump. By leaving a small hole in the system, a flow of compressed gas is made that can move freely around the ring. The pump can make a vacuum by pushing the liquid into a tube that is narrow but long enough to let a steady stream of compressed gas flow through and leave no space for the leftover gas to gather. On the market, there are two kinds of liquid ring vacuum pumps: radial and concentric. The first one has a rotor with a housing, and the second one has two concentric discs, one at the bottom of the housing and one at the top.

Liquid Ring Vacuum Pumps Market Revenue Analysis

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Market Dynamics:

Drivers:

Restraints:

  • Lng imports into Japan and South Korea are going down

  • Water conservation problems are getting worse

Opportunity:

  • Demand for compressors that are good for the environment is growing

  • Demand for liquid ring vacuum pumps and compressors will go up as emerging economies become more industrialized

Challenge:

  • Keeping to strict standards of quality

  • Effects of COVID-19 on the Market for Liquid Ring Vacuum Pumps and Compressors

Impact of COVID-19:

People think that the pandemic will have an effect on different parts of the liquid ring vacuum pumps market's value chain. This effect is likely to happen during the time period covered by the forecast, especially in 2020. COVID-19 has an effect on the different types of applications for liquid ring vacuum pumps on the market.

Because of the pandemic, there was a big drop in the demand for oil and oil-based products because the global economy stopped working. The drop in demand and the unexpected rise in supply led to a drop in the price of crude oil, which in turn affected the prices of refined petroleum products. Also, it was thought that the world's demand for oil would go down in 2020 and 2021 compared to 2019. In turn, this has affected the growth of the market for liquid ring vacuum pumps in the oil and gas industry. In addition, the COVID-19 pandemic has hurt the US more than it has hurt other countries around the world. Due to the pandemic, the market for liquid ring vacuum pumps in the country is expected to grow slowly over the next few years.

Market Segment:

By Type

  • Single-stage

  • Two-stage

By Material Type

  • Cast Iron

  • Stainless Steel

  • Others

By Rate

  • 25 – 600 M3H

  • 600 – 3,000 M3H

  • 3,000 – 12,000 M3H

  • Over 12,000 M3H

By Application

  • Petrochemical & Chemical

  • Pharmaceutical

  • Food Manufacturing

  • Aircraft

  • Automobile

  • Water Treatment

  • Oil & Gas

  • Power Generation

  • EPS and Plastics

  • Pulp & Paper

  • Others

Liquid Ring Vacuum Pumps Market Segmentation Analysis

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Regional Analysis:

In 2021, North America had the most in terms of geography. The oil and gas industries can be blamed for this rise because oil-producing countries like the Middle East and North America keep growing. More and more water and sewage treatment plants in the area need liquid ring vacuum pumps.

Asia-Pacific is also expected to have a high CAGR in the world market in 2021. Investors are drawn to the area because raw materials and labour are easy to get and cost less than in other places. This area has more industrial activity because production costs are low and the local government is helping. Also, the Asia-Pacific market for liquid ring vacuum pumps is growing because more money is being spent on research and development.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Key Players:

Busch Vacuum Technics Inc., Graham Corp., Tuthill Vacuum & Blower Systems, Dekker Vacuum Technologies Inc., and other players.

Recent Developments-Company Financial Analysis

Liquid Ring Vacuum Pumps Market Report Scope:
Report Attributes Details
Market Size in 2022 US$ 1.15 Billion
Market Size by 2030 US$ 1.72 Billion
CAGR CAGR of 5.2% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (Single-stage, Two-stage)
• By Material Type (Cast Iron, Stainless Steel, Others)
• By Rate (25 – 600 M3H, 600 – 3,000 M3H, 3,000 – 12,000 M3H, Over 12,000 M3H)
• By Application (Petrochemical & Chemical, Pharmaceutical, Food Manufacturing, Aircraft, Automobile, Water Treatment, Oil & Gas, Power Generation, EPS and Plastics, Pulp & Paper, Others),
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Busch Vacuum Technics Inc., Recent Developments, Graham Corp., Tuthill Vacuum & Blower Systems, Product Portfolio, Future Plans, Dekker Vacuum Technologies Inc., and other players.
DRIVERS • More energy is being used.
• Low costs for maintenance and running
• Gas Transportation Industry Picking Up Speed
Restraints • Lng imports into Japan and South Korea are going down.
• Water conservation problems are getting worse

Frequently Asked Questions

Ans: Keeping to strict standards of quality and Effects of COVID-19 on the Market for Liquid Ring Vacuum Pumps and Compressors are the challenges faced by the Liquid Ring Vacuum Pumps Market.

Ans: Manufacturers, Consultant, aftermarket players, association, Research institute, private and universities libraries, suppliers and distributors of the product.

Ans: Busch Vacuum Technics Inc., Recent Developments, Graham Corp., Tuthill Vacuum & Blower Systems, Product Portfolio, Future Plans, Dekker Vacuum Technologies Inc., Financial Performance, Company Overview and Key Strategies.

 

Ans: Long imports into Japan and South Korea are going down and Water conservation problems are getting worse are the restraints for Liquid Ring Vacuum Pumps Market.

Ans: Liquid Ring Vacuum Pumps Market Size was valued at USD 1.1 billion in 2021, and expected to reach USD 1.5  billion by 2028, and grow at a CAGR of 5.2 % over the forecast period 2022-2028.

 

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine-Russia War

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8.Liquid Ring Vacuum Pumps Market Segment, By Type

8.1 Single-stage

8.2 Two-stage

9.Liquid Ring Vacuum Pumps Market Segment, By Material Type

9.1 Cast Iron

9.2 Stainless Steel

9.3 Others

10.Liquid Ring Vacuum Pumps Market Segment, By Rate

10.1 25 – 600 M3H

10.2 600 – 3,000 M3H

10.3 3,000 – 12,000 M3H

10.4 Over 12,000 M3H

11.Liquid Ring Vacuum Pumps Market Segment,  By Application

11.1 Petrochemical & Chemical

11.2 Pharmaceutical

11.3 Food Manufacturing

11.4 Aircraft

11.5 Automobile

11.6 Water Treatment

11.7 Oil & Gas

11.8 Power Generation

11.9 EPS and Plastics

11.10 Pulp & Paper

11.11 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Germany

12.3.2 UK

12.3.3 France

12.3.4 Italy

12.3.5 Spain

12.3.6 The Netherlands

12.3.7 Rest of Europe

12.4 Asia-Pacific

12.4.1 Japan

12.4.2 South Korea

12.4.3 China

12.4.4 India

12.4.5 Australia

12.4.6 Rest of Asia-Pacific

12.5 The Middle East & Africa

12.5.1 Israel

12.5.2 UAE

12.5.3 South Africa

12.5.4 Rest

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Rest of Latin America

13. Company Profile

13.1 Busch Vacuum Technics Inc.

13.1.1 Financial

13.1.2 Products/ Services Offered

13.1.3 SWOT Analysis

13.1.4 The SNS view

13.2 Recent Developments

13.3 Graham Corp.

13.4 Tuthill Vacuum & Blower Systems

13.5 Product Portfolio

13.6 Future Plans

13.7 Dekker Vacuum Technologies Inc.

13.8 Financial Performance

13.9 Company Overview

13.10 Key Strategies

14.Competitive Landscape

14.1 Competitive Benchmark

14.2 Market Share analysis

14.3 Recent Developments

15. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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