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Vacuum Pumps Market Trends

Report ID: GMI2667
Published Date: Jul 2023
Report Format: PDF

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Vacuum Pumps Market Trends

Extensive adoption in the pharmaceutical industry will drive the market expansion. Vacuum pumps are used in all manufacturing stages, including distillation, drying, crystallization, degassing, sublimation, and filling. In recent years, different types of vacuum pumps, including diaphragm pumps, rotary vane pumps, or liquid ring pumps are largely deployed to cater to specific needs of the pharmaceutical processes and applications. Increasing adoption in pharmaceutical packaging, such as blister packs and vacuum-sealed containers will further anchor the market growth.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of vacuum pumps is anticipated to record over 7.4% CAGR from 2023 to 2032, driven by the rapid developments across global semiconductor and electronics sector.

Dry vacuum pumps market size is estimated to register substantial growth through 2032, due to increasing adoption in various semiconductor manufacturing processes.

High vacuum pumps market size is expected to record more than 5% CAGR from 2023 to 2032 due to rising adoption in mass spectroscopy, electron microscopy, evaporation coating, and space technology.

Leybold GmbH, ULVAC Inc., Gardner Denver, Agilent Technologies Inc., Flowserve Corporation, Busch Vacuum Solutions, and KNF Neuberger are some of the prominent market players.