Surging Ahead: Dry Vacuum Pumps Market Achieves a Staggering US$ 5,296.2 Million by 2033

The global market for Dry Vacuum Pumps reached US$ 2,340.7 million in 2018, according to Future Market Insights (FMI). Demand for global dry vacuum pumps increased 5.3% year on year in 2022, implying a market expansion to US$ 2,698 million in 2023.

Sales are expected to grow at a 7% CAGR globally between 2023 and 2033. The market is expected to reach US$ 5,296.2 million by 2033.

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Growing demand for dry vacuum pumps in the pharmaceutical and semiconductor sectors are expected to drive growth. Another key driver is the growing demand from the packaging sector. Packaging processes extensively utilize vacuum pumps for bleaching, blending, bag holding, and cheese processing.

The food and beverage sector also presents specific needs. Companies are continually improving their vacuum pump systems to reduce the oxygen content in food products.

Increased investments in key sectors such as power generation, chemicals, and oil & gas are positively influencing the market. The rise in natural gas production, driven by the shale gas boom and stabilized oil prices, has resulted in high usage of vacuum pumps.

Sectors like pharmaceuticals and food processing, require clean and contamination-free processes. Dry vacuum pumps are ideal for such applications as they eliminate the risk of oil contamination.

Demand for dry vacuum pumps is increasing in sectors where product quality and hygiene are crucial factors. Regenerative dry vacuum pumps, also known as claw pumps, have gained popularity in recent years.

Dry vacuum pumps offer high pumping speeds, energy efficiency, and the ability to handle both clean and contaminated gases. They are being increasingly used in applications such as chemical processing, pharmaceuticals, and environmental processes. These sectors generally require the handling of corrosive or harsh gases.

The global dry vacuum pump market is experiencing significant growth in emerging markets, particularly in the Asia Pacific.

Countries such as China and India are witnessing a rapid expansion of their manufacturing sectors, which drives the demand for vacuum pumps. Increasing investments in semiconductors, pharmaceuticals, and food processing sectors in these regions further contribute to the market growth.

Key Takeaways from the Dry Vacuum Pumps Market Study:

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“Expansion of pharmaceutical industry in developing countries is expected to drive growth in the global dry vacuum pumps market. Manufacturers have a pressing need to emphasize on stringent quality control measures throughout the production process to deliver quality products to crucial sectors like food & beverage and pharmaceuticals.” – says a lead analyst at Future Market Insights (FMI)

Who is winning?

Few of the key players in this industry include Flowserve, Atlas Copco AB, Ebara Corporation.

Key manufacturers are focus on research and development to improve the performance, efficiency, and reliability of dry vacuum pumps. They invest in advanced technologies and material to develop innovative product. That offer high vacuum levels, low energy consumption, and reduced maintenance requirements.

They are also offering a range of dry vacuum pumps model and configuration to cater to different sectors and applications. They work closely to understand their specific requirements and provide tailored solutions to optimize performance.

Recent development:

Global Dry Vacuum Pumps Market Segmentation

By Product Type:

By Capacity:

By End Use:

By Region:

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About Future Market Insights (FMI):

Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favour the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10 years.

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