Liquid Ring Vacuum Pumps Industry Ecosystem, Growth, Size Analysis, Opportunities, Top Manufacturers, Share, Trends, Segmentation, Regional Graph and Forecast
The liquid ring vacuum pumps market size is projected to reach USD 2.4 billion by 2026, at a CAGR of 5.5% from 2021 to 2026, owing to rising gas transportation sector. The oil & gas segment is the biggest application for liquid ring vacuum pumps. The growing investments in the crude oil industry is expected to drive the use of liquid ring vacuum pumps.
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Liquid ring vacuum pumps are mechanical devices used to create vacuum by using a liquid, typically water, to form a sealing ring around a rotor. They are known for their reliability, simplicity, and ability to handle wet and dirty gas streams. Commonly used in industries such as chemical processing, pharmaceuticals, food and beverage, and wastewater treatment, these pumps are ideal for applications requiring moderate vacuum levels and the ability to tolerate vapor and liquid carryover. Their robust design ensures efficient operation with minimal maintenance.
The key market players include Busch Vacuum Solutions (Germany), Flowserve Corporation (US), Atlas Copco (Sweden), Ingersoll Rand (US), Tsurumi Manufacturing Co., Ltd (US), DEKKER Vacuum Technologies, Inc. (US), Vooner (US), Graham Corporation (US), Cutes Corp. (China), Zibo Zhaohan Vacuum Pump Co., Ltd (China), OMEL (Brazil), PPI Pumps Pvt. Ltd. (Mexico), Samson Pumps (Denmark), and Speck (Germany). These players have adopted product launches, agreements, acquisitions, mergers & acquisitions, and expansions as their growth strategies.
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Ingersoll Rand is among the leading manufacturers in the liquid ring vacuum pumps market. The company designs and produces a broad range of vacuum products under industrial technologies & services segment. In February 2020, the company acquired and merged with the industrial business of Ingersoll-Rand plc while converting its name to Ingersoll Rand Inc. from Gardner Denver Holdings, Inc. This development strengthened the position of Ingersoll Rand as a global leader in the liquid ring vacuum pumps market.
Another important player in the liquid ring vacuum pumps market is Atlas Copco. In February 2019, Atlas Copco launched LRP 700-1000 VSD+, a new range of liquid ring vacuum pumps. The pumps come with cutting-edge vacuum solutions with a wide range of features for wet and humid applications. This launch strengthens the position of Atlas in the liquid ring vacuum pumps market with new product development.
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The Asia Pacific region is anticipated to lead the global market in terms of value, followed by North America. This dominance is attributed to rapid industrialization, infrastructure development, and increasing investments in water and wastewater treatment across sectors. Additionally, growing environmental regulations and rising demand for cleaner technologies drive the adoption of liquid ring vacuum pumps in these regions. In North America, stringent regulations regarding emissions and wastewater management contribute to the demand for efficient vacuum solutions, further bolstering market growth in the region.