Diaphragm Pump Market Size To Reach USD 7.32 Billion By 2025 : Grand View Research Inc.
San Francisco, 3 October 2019: The Report Diaphragm Pump Market Size, Share & Trends Analysis Report By End Use (Oil & Gas, Water & Wastewater), By Mechanism (Electrically Operated, Air Operated), By Operation (Single, Double Acting), And Segment Forecasts, 2018 – 2025 The global diaphragm pumps market size is anticipated to reach USD 7.32 billion by 2025, according to a new report conducted by Grand View Research, Inc. The market is estimated to witness a CAGR of 5.5% during the forecast period. High demand for fresh water due to growing population and industrialization across the globe is projected to boost the market development over the coming years. Rapid infrastructural development and urbanization along with technological developments are the major reasons behind augmenting the demand for energy fuels resulting in a rise in oil & gas and power sector. This factor is also expected to boost the demand for diaphragm pumps in the years to come. On the basi