Liquid Ring Vacuum Pump Market - Forecasts from 2023 to 2028

The liquid ring vacuum pump market is expected to grow at a CAGR of 4.19% during the forecast period

A liquid ring vacuum pump is a rotational positive displacement pump used for producing a vacuum in numerous industrial applications.  To form a seal and compress vapor or gas, it works by spinning a liquid ring or disc in the pump case. Liquid ring vacuum pumps can efficiently handle wet or liquid-laden gases due to which they are frequently employed in processes like hoover filtration, gas stripping, vapor recovery, and such industrial procedures that are needed for the formation of a hoover. These pumps are powerful, dependable, and capable of handling a variety of gas compositions, including explosive and corrosive gases.

Market Drivers:

The industrial boom  is expected to positively impact the market growth

Liquid ring vacuum pump market growth is increasing as a result of the general industrial boom in industries like oil and gas, chemical processing, food and beverage production, pharmaceuticals, and power generation. According to the International Energy Agency (IEA), the oil demand is anticipated to rise by 2.2 mb/d Y-o-Y in 2023. With the increasing demand for oil and gas, the liquid ring vacuum pump demand is set to expand as liquid ring vacuum pumps are essential in the oil and gas sector for uses such as recovering vapor from wells, pipeline evacuation, and so on.

Emphasis on energy efficiency is bolstering the liquid ring vacuum market growth

The deployment of tougher emission restrictions and the requirement for effective gas handling and vapor recovery systems are the results of rising environmental legislation and sustainability initiatives. Such applications are well suited for liquid ring vacuum pumps since they efficiently handle liquid-laden gases and help to capture and remove dangerous emissions.

Market Challenge

Limited availability and low quality of the sealant

For proper operation, liquid ring vacuum pumps need suitable sealing fluid constantly Particularly in places with limited water supplies or when treating specific corrosive gases that require specialized liquid media, the availability of the liquid can be a limitation.

Installation issues

In comparison to several other types of vacuum pumps, liquid ring vacuum pumps are frequently bigger and heavier. Due care must be taken during system design and installation as this can offer difficulties in installations where there are weight and space limits.

Product Offerings

Some of the offerings by key players are listed below:

• ELMO-F series by Siemens- The ELMO-F series from Siemens includes a variety of liquid ring vacuum pumps. These pumps are renowned for being extremely dependable and effective. They are appropriate for use in the petrochemical, chemical, food processing, and pharmaceutical industries.
• DOLPHIN series by Busch Vacuum Solutions: These pumps offer cutting-edge design advancements like optimized performance, lower energy usage, and increased operational dependability. They are made for a variety of uses, such as pharmacological research, environmental technology, and food processing.
• Vectra XL series by Gardner Denver Nash- These pumps are specially made for heavy-duty applications in chemical, energy and power, oil and gas, and other sectors. They come in a variety of sizes and combinations and deliver dependable performance.

Market Opportunity

Developing markets and niche applications:

The expansion of developing markets including biotechnology, renewable energy, and environmental remediation has further boosted demand for liquid ring vacuum pumps. Liquid ring vacuum pumps can offer effective and dependable vacuum capabilities for operations like solar panel manufacture, biogas purification, and waste treatment in these niche industries.

Technological advancement:

The performance, effectiveness, and dependability of liquid ring vacuum pumps have been enhanced through technological developments. For instance, the LRP 700-1000 VSD series, offered by Atlas Corpo. is an intelligent liquid ring pump that uses “Variable Speed Drive” technology with the best-in-class performance and connectivity. By lowering power usage during times of decreased demand, this technology aids in energy consumption optimization. As more sectors see the advantages of adopting liquid ring vacuum pumps as a result of these developments, the market is bound to surge even more.

The Chemical Industry is the prime end-user

The chemical sector is the primary consumer of liquid ring vacuum pumps. In the chemical and petrochemical industries, liquid ring vacuum pumps are widely used for processes like vacuum distillation, gas compression, and solvent and vapor recovery. They handle explosive and corrosive gases, making them suited for the demanding circumstances witnessed in this industry. The booming demand for specialty chemicals coupled with favorable investments to expand chemical production is expected to bolster the demand for liquid ring vacuum pumps in the coming years.

 Asia Pacific is estimated to be the market leader

Asia Pacific is anticipated to account for a major market share fuelled by the booming end-user demand from major sectors such as oil & gas, chemical, automotive, and water treatment. Moreover, liquid ring vacuum pumps are also used in the wafer dicing process during semiconductor manufacturing The growing investments in semiconductor infrastructure are also expected to drive the regional market growth. For instance, the construction of a new manufacturing facility for vacuum and abatement systems for the production of semiconductors was announced by Edwards, Atlas Copco Group in  November 2022. The addition of this new facility was in South Korea which is growing to become a hub for semiconductors along with other Asian countries such as Taiwan, China, and India.

Further, in power plants, these pumps are used to maintain effective turbine operation, improve the effectiveness of the power plant, and guard against air and steam leaks. The liquid ring vacuum pump needs to have a higher capacity and be compatible with the plant's power generation capabilities. Significant growth in power generation capacity in Southeast Asia, India, and China is anticipated during the forecast period, which will raise demand for liquid ring vacuum pumps.

Recent Developments

• April 2023- Atlas Copco completed the acquisition of assets of Shandong Jinggong Pump Co., Ltd, a Chinese firm that designs and produces liquid ring vacuum pumps and systems for chemical and other general sectors for an undisclosed price.
• November 2022- Asco Vacuum Technologies delivered 4 pump & motor skids for MEG regeneration for oil & gas applications. The pumps are equipped with an “AVAI1806LL model” liquid ring vacuum pump which is operated by a 75 KW electric motor.

Segmentation:

BY TYPE

• Single-Stage Liquid Ring Pump
• Two-Stage Liquid Ring Pump

BY SEALANT

• Water
• Oil
• Others

BY END-USER

• Automotive
• Aerospace
• Chemical
• Oil & Gas
• Water Treatment
• Others

BY GEOGRAPHY

• North America
• USA
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• Germany
• UK
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Others
• Asia Pacific
• China
• Japan
• South Korea
• India
• Australia
• Others