>
>

Wet Vacuum Pumps Market Size By Type, By Capacity, By Application, By Distribution Channel, Forecast 2024 – 2032

Download Free PDF

Wet Vacuum Pumps Market Size

The wet vacuum pumps market was valued at USD 1.91 trillion in 2023 and is anticipated to register a CAGR of 4.4% between 2024 and 2032. Wet vacuum pumps play a major role in drying and packaging operations in industrial activities including chemical, food, pharmaceutical, plastics and energy. There is an increasing need for wet vacuum pumps due to the rapid growth in all these industries.
 

Wet Vacuum Pumps Market

Wet vacuum pumps aid in complying with the stringent environmental policies regarding gas emissions for the chemicals, food processing and pharmaceutical industries. There is a growing investment in R&D for new, more powerful machines that are energy efficient and ecologically friendly.
 

vacuum pumps market. In the clean chambers of the electronics industry more and more wet vacuum pumps are being introduced. Consequently, along with the rising demand of consumer electronics, there is a rising demand of wet vacuum pumps for efficient production.
 

These pumps technology is quite advanced and expensive which is a big challenge. The initial investment required for wet vacuum pumps is high. Furthermore, the number of producers in this industry puts great strain on the wet vacuum pump market due to competition. As a result, the profit margins are smaller, there are price wars, and differentiation of product is minimal.
 

For the manufacturers to stay afloat in the market, there’s a need for investment in the R&D for new technology pumps. Since the product demand is connected with several industries like pharmaceuticals, food processing, and plastics, the manufacturers must meet the needs and the demands that different industries have.
 

Wet Vacuum Pumps Market Trends

The rotating drives demand is projected to increase over the coming years due to the increase in energy saving pumps in the market. This trend is due to the tightening of environmental regulations by governments. The manufacturers are concentrating on building pumps equipped with energy-saving technologies to reduce energy consumption and operational costs. For example, Busch Vacuum Solutions has adopted variable speed drive technology, which is digital controller employed to adjust the rotational speed of the motor according to production need. It can be tuned, thus enabling energy saving.
 

Wet Vacuum Pumps Market Analysis

Wet Vacuum Pumps Market Size, By Product Type, 2021 – 2032, (USD Trillion)

Based on type, the market is segmented into liquid ring vacuum pumps, rotary vane vacuum pumps, rotary piston vacuum pumps, and others. The liquid ring vacuum pumps segment has established itself as the dominant force, generating a revenue of USD 760.6 billion in 2023 and is projected to reach USD 1.11 trillion by 2032. Liquid ring vacuum pumps dominate the market due to their adaptability to the gases produced during the operation, coupled with their efficiency along with low maintenance and good performance in extreme conditions which makes them suitable for a variety of industries including chemicals, food processing, pharmaceuticals, and plastics.
 

The wet vacuum pumps market is segmented into three: low capacity (Up to 100 m3/h), medium capacity (100-1000 m3/h), and high capacity (Above 1000 m3/h). As of 2023, the medium capacity segment is estimated to have the largest market share of 47%. The reason for the segment's domination is the adaptability of medium capacity pumps as they can accommodate various volumes of liquids, mechanization, and operations of chemical, pharmaceutical and food processing industries. This segment is anticipated to grow at a CAGR of beyond USD 1.41 trillion by 2032, driven by above factors, and the increasing demand of high-performance, consistent vacuum pumps across industries.
 

Wet Vacuum Pumps Market Revenue Share, By Application 2023

Based on application, the wet vacuum pumps market is segmented into chemical processing, pharmaceuticals, plastics, power, metallurgy, and food processing. In 2023, the plastics segment dominated the market with a revenue of USD 563.8 billion and is projected to grow to USD 837.6 billion by 2032.
 

Wet vacuum pumps are indispensable in some processes within the plastic sector, ranging from molding to shaping. The ability of these pumps to remove moisture makes them favorable for the plastic industries that want to enhance and simplify their operations. The plastic industry is also accompanied by the release of unwanted gases. With the use of wet vacuum pumps, these gases are controlled and eliminated, thus lessening the environmental effect, and allowing companies to meet the stringent environmental regulations.
 

Asia Pacific Wet Vacuum Pumps Market Value, 2021 – 2032, (USD Billion)

The Asia Pacific region holds a market share of 30.84% and is expected to reach USD 933.88 million by 2032. Montreal and India are among the countries that are experiencing significant industrialization in electronics, semiconductor manufacturing, and in chemical and pharmaceutical sectors which utilize wet vacuum pumps and other tools.
 

In addition, the increasing wet vacuum pump manufacturing in Taiwan and South Korea due to their extensive use during semiconductor fabrication is further fuelling their demand. These elements have made Asia Pacific a key region in the sustenance and growth of global wet vacuum pumps market with a healthy outlook in the near future.  
 

The U.S. leads the North America wet vacuum pumps market segment, making USD 317.85 billion in 2023 and forecast to make around USD 471.3 billion by 2032. These factors contribute to the U.S. revenue dominance within the checked period.
 

This market growth can be explained by strong industrial infrastructural development across the USA that supports usage of wet vacuum pumps. The presence of development in chemicals, food processing, and pharmaceutical sector makes it easy to achieve these goals. Furthermore, the United States’ policy framework coupled with strong environmental laws increases the rate of installing wet vacuum pumps due to their ability to contain gaseous emissions and other hazardous substances.
 

Germany is projected to dominate the European market for wet vacuum pumps with a revenue of approximately USD 92.55 billion for the year 2023. This revenue amount is expected to be approximately USD 141.7 million by the year 2032.
 

Germany’s dominance stems from its strong industrial infrastructure, innovation in technology, and commitment towards sustainability. Having being one of Europe’s major manufacturing countries, there is a great need for efficient vacuum pumps from different sectors such as pharmaceuticals, plastic, and chemical processes.
 

The precise engineering and efficient standards by German companies enhances the demand of motors for energy-efficient wet vacuum pumps. Also, the countries stringent legislation towards the environmental policies encourages the industries to adopt new technologies to reduce energy used and emissions released increases the demand of wet vacuum pumps.
 

China is expected to lead the Asia Pacific market with an overall market share of approximately 32.16% and is set to reach USD 306.31 billion by the year 2032. This leading position can be explain due to the growth of wet vacuum pumps demand resulting from rapid industrialization and increasing growth of chemical, pharmaceuticals, and power industries.
 

The wet vacuum pumps market in China is also greatly supported by their government policies designed to improve energy efficiency. These policies encourage industries to utilize wet vacuum pumps because of their positive environmental impact. Moreover, the application of wet vacuum pumps in the manufacturing process helps reduce the costs of production due to the advanced supply-chain system of China. Finally, the population of China in conjunction with the growth in global expansion makes it necessary for wet vacuum pumps to be heavily invested in for effective operations to take place.
 

Wet Vacuum Pumps Market Share

The market is dominated by major participants which comprise Atlas Copco AB, Gardner Denver Holdings, Inc, Busch Vacuum Solutions, Pfeiffer Vacuum GmbH, Edwards Vacuum, and ULVAC, Inc. These companies focus on establishing new collaborations and SNCR Wet Vacuum Pumps to expand their market share. They invest a massive amount of funds in order to develop pumps with new technology that will help them achieve the maximum return on investment.
 

Wet Vacuum Pumps Market Companies

Major players operating in the wet vacuum pumps industry include:

  • Atlas Copco AB
  • Gardner Denver Holdings, Inc.
  • Busch Vacuum Solutions
  • Pfeiffer Vacuum GmbH
  • Edwards Vacuum
  • ULVAC, Inc.
  • Leybold GmbH
  • Ebara Corporation
  • Becker Pumps Corporation
  • Dekker Vacuum Technologies, Inc.
  • Tuthill Corporation
  • Hokaido Co., Ltd.
  • Pfeiffer Vacuum Technology AG
  • Graham Corporation
  • Flowserve Corporation
     

Wet Vacuum Pumps Industry News

  • In April 2024, Becker Pumps Corp. acquired Air Vac Systems. This acquisition helped increase the efficiency, expand its reach, and boost customer satisfaction.
     
  • In November 2023, Graham Corporation acquired P3 Technologies to expand its technological solutions
     
  • In March 2023, Flowserve Corporation launched a new series of dry running vacuum pump. The series was designed to reduce the cycle times for batch processes.
     

The wet vacuum pumps market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume (Thousand Units) and revenue (USD Million) from 2021 to 2032, for the following segments:

Market, by Type

  • Liquid ring vacuum pumps
  • Rotary vane vacuum pumps
  • Rotary piston vacuum pumps
  • Others

Market, by Capacity

  • Low capacity (Up to 100 m3/h)
  • Medium capacity (100-1,000 m3/h)
  • High capacity (Above 1,000 m3/h)

Market, by Application

  • Chemical processing
  • Pharmaceutical
  • Plastics
  • Power
  • Metallurgy
  • Food processing
  • Others

Market, by Distribution Channel

  • Direct sales
  • Indirect sales

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia
    • Indonesia
    • Rest of Asia Pacific 
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa
    • Rest of MEA

 

Authors: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :
What factors are driving the demand for wet vacuum pumps in Asia Pacific?
Asia Pacific wet vacuum pumps market accounted for 30.84% market share in 2023 and is estimated to depict significant growth between 2024 and 2032, due to the rapid industrialization and increasing semiconductor production in countries, such as Taiwan and South Korea.
Why is the demand for wet vacuum pumps rising in plastic applications?
Why is the demand for liquid ring wet vacuum pumps rising?
How big is the wet vacuum pumps market?
Wet Vacuum Pumps Market Scope
  • Wet Vacuum Pumps Market Size
  • Wet Vacuum Pumps Market Trends
  • Wet Vacuum Pumps Market Analysis
  • Wet Vacuum Pumps Market Share
Related Reports
    Authors: Avinash Singh, Sunita Singh
    Buy Now
    $4,123 $4,850
    15% off
    $4,840 $6,050
    20% off
    $5,845 $8,350
    30% off
        Buy now
    Premium Report Details

    Base Year: 2023

    Companies covered: 15

    Tables & Figures: 247

    Countries covered: 21

    Pages: 370

    Download Free PDF

    Top