Vacuum Pump Market growth outlook with industry review and forecasts 2018-2025

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Vacuum Pump industry analysis research and trends
report for 2018- 2025 Global Market Insights,
Inc.
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www.gminsights.com
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• Global Market Scenario of Hvac Industry

• Vacuum Pump Market will surpass USD 6.5 billion
  by 2025 according to a new research report by
  Global Market Insights, Inc. Chemical
  manufacturing and processing industry growth is a
  major influencing factor for the vacuum pump
  sales.
• Global chemical market will reach close to USD
  5.5 Trillion in 2025, with a bulk share accounted
  by China-dominated Asia Pacific region. China
  accounted for close to a quarter of the global
  chemical consumption and will continue to hold
  sway over the forecast period with the presence
  of several small and medium scale enterprises
  catering to the local demand.
• Vacuum Pump Market has been segmented, based on
  lubrication, into dry and wet types. Wet vacuum
  pumps include water as well as oil lubricated
  machines and are capable of providing higher
  pumping speeds than the dry types. This segment
  will witness growth with a CAGR of around 6 from
  2018 to 2025.
• Industrially emerging nations such as India,
  Indonesia, Thailand, etc. also offer a promising
  future to the chemical industry growth.
  Requirement of clean and dry reaction chambers
  for critical applications will boost the regional
  vacuum pump market demand throughout the forecast
  years.

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• Rebounding of the petrochemical sector after the
  fallout earlier this decade will also signify the
  vacuum pump market in the coming few years. These
  products have versatile applications throughout
  the upstream, midstream, and downstream oil gas
  industry.
• These applications include oil gas recovery,
  field gas boosting, vacuum reactors, etc. With
  the increase in the crude oil prices, the U.S.
  oil gas companies are responding fast by
  increasing the expenditure in drilling
  activities.
• The quick recovery of the countrys shale oil
  producers after 2014 will also signify the
  developments in the industry, which will further
  propel the vacuum pump demand over the forecast
  period.

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• 360 Industry Analysis

• Based on vacuum pump technology, the market is
  classified into gas capture/binding, and gas
  transfer types. Gas transfer products are further
  classified into kinetic and positive displacement
  types. Kinetic pumps segment will witness healthy
  growth, crossing USD 3 billion in 2025. Gas
  capture/binding products will generate more than
  USD 1 billion annually by the conclusion of the
  forecast span.
• Medium vacuum pumps will dominate the overall
  industry in terms of revenue, accounting for over
  USD 2.5 billion in 2025. The typical ultimate
  pressure range of this product class lies between
  100 to 10-1 Pascals and is extensively used in
  oil gas and chemical industries.

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• Regional Analysis

• China vacuum pump market value will likely cross
  USD 2 billion in 2025, witnessing growth with
  around 7 CAGR. Large presence of chemical and
  electronics manufacturing companies in the
  country will boost the regional market through
  the forecast years. The country also enjoys the
  presence of several small vacuum pump
  manufacturers with focus on low cost product
  development for local end-users.

• Competitive Analysis

• Key vacuum pump market players include Busch,
  Atlas Copco, Becker, Gardner Denver, Pfeiffer,
  Ebara, ULVAC, Shimadzu, Agilent, DEKKER,
  Kashiyama, and KNF Neuberger.

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