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Newstrail
Newstrail
According to the latest report by IMARC Group, the global diaphragm pump market reached a value of US $ 5.62 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of 5.42% during 2021-2026. Report Metric Historical: 2015-2020 Base Year: 2020 Forecast Year: 2021-2026 Diaphragm pump stands for a positive displacement device that is primarily adopted to transfer fluid in and out of a pump chamber. It is used for the varying pressure and flow rates, which are determined by the size of the chamber and the diaphragms. Diaphragm pumps are versatile and can help in transferring co…