Liquid Ring Vacuum Pump Market

Liquid Ring Vacuum Pump Market Outlook (2024 to 2034)

The global liquid ring vacuum pump market size is estimated at a valuation of US$ 1.27 billion in 2024 and is predicted to reach a size of US$ 2.2 billion by 2034-end, advancing at a CAGR of 5.6% between 2024 and 2034.

A liquid ring pump operates as a rotating positive-displacement pump, serving both as a vacuum pump and a gas compressor. This distinct category of pumps, characterized by non-pulsating operation, is specifically engineered for gas removal. The impellers in these pumps are positioned eccentrically, facilitating the formation and maintenance of a liquid ring around the pump's periphery. Setting themselves apart from other vacuum pumps, liquid ring vacuum pumps offer the advantages of lower maintenance requirements and extended warranties.

Canned motor pumps are a type of centrifugal pump with a hermetically sealed motor mounted to the pump body. Whereas, a liquid dispensing pump is a device used to dispense controlled amounts of a liquid. These pumps are essential in various applications where precision and consistency in the volume of liquid dispensed are crucial.

Global liquid ring vacuum pump market growth is evolving with several key trends shaping its growth and development. These trends reflect the changing demands of industries, technological advancements, and the growing emphasis on sustainability and efficiency. There's significant focus on developing liquid ring vacuum pumps that consume less energy, responding to global demands for more energy-efficient industrial processes. With increasing environmental awareness, there's a push towards pumps that minimize water usage and reduce emissions.

Report Attributes	Details
Liquid Ring Vacuum Pump Market Size (2024E)	US$ 1.27 Billion
Forecasted Market Value (2034F)	US$ 2.2 Billion
Global Market Growth Rate (2024 to 2034)	5.6% CAGR
North America Market Share (2034F)	29.5%
East Asia Market Growth Rate (2024 to 2034)	5.7% CAGR
Stainless Steel Segment Market Share (2024E)	31.9%
Chemical Processing Segment Market Share (2024E)	30.3%
Key Companies Profiled	Atlas Copco Ingersoll Rand Dekker Vacuum Technologies, Inc. Tsurumi Manufacturing Co., Ltd. Graham Corporation Busch Vacuum Solutions Flowserve Corporation Gardner Denver Nash LLC Tuthill Vacuum & Blower Systems

What’s Stimulating Demand for Liquid Ring Vacuum Pumps?

“Strict Environmental Regulations Necessitating Development of Efficient Gas Handling Systems”

The market is experiencing growth driven by the widespread industrial upsurge in sectors such as oil and gas, chemical processing, food and beverage, pharmaceuticals, and power generation. This growth is particularly fueled by the escalating demand for liquid ring vacuum pumps in the oil and gas industry, where they play a crucial role. Their applications include vapor recovery from wells and pipeline evacuation, among others, making them necessary for this sector.

Implementation of stricter emission regulations and the need for effective gas handling and vapor recovery systems are outcomes of increasing environmental legislation and sustainability efforts. Liquid ring vacuum pumps are suitable for these applications. They are effective in managing gasses overloaded with liquids and play a vital role in capturing and eliminating hazardous emissions, further bolstering their demand in the market.

“Technological Advancements in Pump Designs Leading to Optimization of Energy Consumption”

Technological advancements have significantly improved the performance, efficiency, and reliability of liquid ring vacuum pumps.

• A leading example is the LRP 700-1000 VSD series from Atlas Corp, which showcases an intelligent liquid ring pump equipped with cutting-edge variable speed drive (VSD) technology. This innovation not only delivers top-tier performance and connectivity but also plays a crucial role in optimizing energy consumption by reducing power usage during periods of lower demand.

As various industries recognize the benefits brought by these advancements in liquid ring vacuum pumps, the market is in equilibrium for further expansion.

• The ELMO-F series by Siemens is a collection of liquid ring vacuum pumps known for their exceptional reliability and efficiency. These pumps are well-suited for applications in the petrochemical, chemical, food processing, and pharmaceutical industries.

What is Limiting Liquid Ring Vacuum Pump Demand Growth Globally?

“High Cost of Liquid Ring Vacuum Pumps and Shift toward Hybrid Technologies”

Market growth is predicted to be hampered by the high initial costs of liquid ring vacuum pumps and the industry's shift towards hybrid technologies. The initial expense of installing a liquid ring vacuum pump can be substantial, influenced by factors such as capacity, power, material type, and the necessary safety features specific to each industry.

Given the considerable variation in costs, especially for higher-end models, many companies are increasingly opting for a combination of different instruments instead of investing in a single, high-powered, high-capacity liquid ring vacuum pump. This trend reflects a strategic approach to balance efficiency with cost-effectiveness.

“Inefficient Water Management Concerns in Systems Using Liquid Ring Vacuum Pumps”

The global market for liquid ring vacuum pumps is projected to confront challenges in its growth due to rising concerns about water conservation. Many water conservation bodies worldwide have highlighted the inefficient use and management of water in systems employing liquid ring vacuum pumps. This issue is especially common in the chemical, petroleum refining, pharmaceutical, and manufacturing sectors, where pumps and compressors use large amounts of drinking water.

Recommendations from water conservation agencies suggest that many applications currently using liquid ring vacuum pumps could potentially switch to alternative technologies. This shift, driven by the need to conserve water, is predicted to act as a significant obstacle to market growth during the forecast period.

Country-wise Insights

Remarkable increase in power generation in China is projected to boost the demand for liquid ring vacuum pumps over the forecast period. The market in the United States is a pivotal segment within the broader industrial equipment sector, influenced by a variety of factors including technological advancements, industrial demand, and regulatory policies.

Why is Demand for Liquid Ring Vacuum Pumps Increasing Steadily in China?

“Rising Investments in Semiconductor Manufacturing”

Attribute	China
Market Value (2024E)	US$ 249.4 Million
Growth Rate (2024 to 2034)	5.6% CAGR
Projected Value (2034F)	US$ 432.1 Million

China is poised to hold a significant portion of the global liquid ring vacuum pump market, driven by surging demand from key sectors such as oil & gas, chemicals, and water treatment. Liquid ring vacuum pumps are also integral in the wafer dicing process in semiconductor manufacturing. The escalating investments in semiconductor infrastructure are expected to further drive market growth in the country.

• For example, in November 2022, Edwards, a part of the Atlas Copco Group, announced the construction of a new manufacturing facility for vacuum and abatement systems used in semiconductor production. This facility is located in South Korea, which, along with other Asian countries such as Taiwan, China, and India, is becoming a central hub for semiconductor production.

What is keeping the United States Market at the Forefront?

“Integration of Smart Sensors and IoT Capabilities in Liquid Ring Vacuum Pump Systems”

Attribute	United States
Market Value (2024E)	US$ 233.1 Million
Growth Rate (2024 to 2034)	5.8% CAGR
Projected Value (2034F)	US$ 409.4 Million

Liquid ring vacuum pumps are used across a range of industries in the United States, including chemical processing, oil and gas, power generation, pharmaceuticals, and food & beverages. Their versatility and reliability make them a preferred choice for many industrial vacuum applications. Integration of smart sensors and IoT capabilities in vacuum pumps for real-time monitoring and predictive maintenance is becoming more common.

There is growing emphasis on energy efficiency in industrial processes in the country. Increasing production of vacuum pumps equipped with variable speed drives and other energy-saving features is a significant liquid ring vacuum pump market trend.

Category-wise Insights

Stainless steel plays a crucial role in the construction of liquid ring vacuum pumps, offering several key benefits that make it a preferred material in various industrial applications. Liquid ring vacuum pumps are widely used in the chemical industry due to their unique operating characteristics and advantages. Their application in this sector is crucial for various processes.

Which Material Accounts for a Leading Position in the Market?

“High Sales of Stainless Steel Pumps Due to Their Corrosion Resistance and Durability”

Attribute	Stainless Steel
Segment Value (2024E)	US$ 748.6 Million
Growth Rate (2024 to 2034)	5.4% CAGR
Projected Value (2034F)	US$ 1.27 Billion

Based on material, the stainless steel segment is estimated to account for a major share of the market, in terms of value, in 2024. Characteristics such as high cavitation resistance that enhances the life expectancy of liquid ring vacuum pumps are expected to enhance the demand for stainless steel liquid ring vacuum pumps during the forecast period.

Stainless steel is highly resistant to corrosion, making it ideal for liquid ring vacuum pumps, especially in environments where they are exposed to corrosive substances or operate in harsh conditions. This is particularly relevant in industries such as chemical processing or wastewater treatment, where pumps handle aggressive fluids.

Inherent strength and robustness of stainless steel contribute to the overall durability of the pumps. This means that pumps made with stainless steel components are likely to have a longer service life, reducing the need for frequent replacements and maintenance.

Why is the Chemical Industry Generating High Demand for Liquid Ring Vacuum Pumps?

“Widespread Use of Liquid Ring Vacuum Pumps for Efficient Handling of Saturated Gas Streams”

Attribute	Chemical Processing
Segment Value (2024E)	US$ 387.7 Million
Growth Rate (2024 to 2034)	5.9% CAGR
Projected Value (2034F)	US$ 690.6 Million

Liquid ring vacuum pumps and compressors are extensively utilized in many chemical processing applications, especially those involving solvent recovery, vacuum filtration, and vapor recovery. Furthermore, they are critically important in specialized applications like chlorine or hydrogen compression and vinyl chloride monomer recovery. Liquid ring vacuum pumps are often the preferred choice for these processes.

Rejuvenation of the global chemical industry, largely driven by strong demand from end users, particularly in Asian countries, is projected to stimulate the expansion of the liquid ring vacuum pump market. These pumps can handle saturated gas streams and wet loads without suffering damage, making them ideal for processes where condensable vapors are present. These pumps can be manufactured from materials that are resistant to aggressive chemicals, ensuring longevity and reliability in harsh chemical environments.

Competitive Landscape

The market is expected to remain competitive with continuous innovation and technological advancements. The increasing demand from various industries like oil and gas, chemical, and power generation, coupled with environmental regulations, is predicted to lead to the growth of the liquid ring vacuum pump market size. Providing customized solutions tailored to specific industry needs and offering robust after-sales services to maintain customer loyalty.

• In May 2019, Becker Pumps Corp. launched two new vacuum pump series, tailored expressly for the primary packaging market.
• In February 2020, Atlas Copco Airpower N.V. acquired Dekker Vacuum Technologies Inc., a company specializing in vacuum equipment.

Segmentation of Liquid Ring Vacuum Pump Market Research

• By Material:

  • Cast Iron
  • Stainless Steel

• By Capacity:

  • < 500 cfm
  • 500 to 1,500 cfm
  • >1,500 cfm

• By End Use:

  • Chemical Processing
  • Oil & Gas
  • Power
  • Paper & Pulp
  • General Process Industries

• By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa