Vacuum pump market growth forecast by regional industry players 2019-2025

Vacuum pump market report provides a comprehensive landscape of the industry, accurate market estimates and forecast split by product, end-user, technology, region. All quantitative information is covered on a regional as well as country basis. The report provides valuable strategic insights on the pump industry, analyzing in detail industry impact forces including growth drivers, pitfalls and regulation evolution. The report also includes a detailed outlook on the Vacuum pump market competitive environment, diving into the industry position of each major company along with the strategic landscape.

Vacuum Pump Market will surpass USD 6.5 billion by 2025; according to a new research report. Significant growth in pharmaceutical industry in emerging economies such as Europe and North America will boost the sales of vacuum pump positively in future.

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Vacuum pumps are used during the manufacturing of active pharmaceutical ingredients (APIs), intermediate products and bulk drugs to maintain the perfect reaction environment. In 2017, the U.S. minimal spending on pharma products crossed USD 450 billion. Upsurge in research & development investment in medical sector coupled with outbreak of various diseases owing to the change in food habits, lifestyle and climatic conditions are the factors that will have significant impact on the sales of medicine, and thus will drive the vacuum pump market in coming years.

Development in chemical industry is the key factor impacting the sales of vacuum pump positively in coming years. Global chemical industry is likely to register around USD 5.5 billion by 2025 and China accounts the major share in the entire industry. This is all due to the existence of various small as well as medium scale manufacturers which caters the native demand, and this trend is expected to follow throughout the forecast period. Developing economies like Indonesia, India and Thailand and will spur the chemical market growth in Asia Pacific region. Extensive usage of the product in chemical industry for many critical applications, such as in maintaining clean & dry reaction environments, will propel the regional vacuum pumps market demand over the forecast spell.

Major points presented and analyzed in the study include multiple segmentation coverage (one or more/all) as listed below:

• Vacuum pump Industry Landscape
  • Growth drivers
  • Pitfalls & challenges
  • Regional regulatory scenario
  • Regional pricing trends
  • Cost structure analysis
  • Industry ecosystem
  • Competitive landscape
    • Company profiles
    • Supplier information
  • Vacuum pump market, By Product (Estimates & Forecast to 2025)
  • Vacuum pump market, By Application (Estimates & Forecast to 2025)

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The vacuum pumps market is fragmented by product, which include high, low and medium vacuum pumps. Among these, high speed vacuum pumps are likely to register positive growth due to its end user industries will register the significant growth in forecast spell. In terms of value, the high vacuum pumps registered more than USD 2.5 billion by 2025.

Oil & gas sector will dominate the entire end-user segment with an estimated CAGR of 6% over the forecast years. Upsurge in investments for production & exploration activities with current changes in policies related to production of oil & gas specially in North America is crucial factor for vacuum pumps market growth by 2025.

On the basis of region, China vacuum pumps industry will likely to witness around 7% CAGR in future, with revenue more than USD 2 billion by 2025. Prevalence of basic chemical and consumer electronic products manufacturing industries in China will bolster the regional market demand over the forecast timeframe.

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The major players in the vacuum pump market include DEKKER, Shimadzu, Busch, Becker, Pfeiffer, Atlas Copco, Ebara, Agilent, ULVAC, Kashiyama, etc.

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Created on Jul 31st 2019 03:21. Viewed 354 times.

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