As per this study the Global Metering Pump Market was valued USD 7.26 BN (by revenue) in 2023 and is anticipated to reach USD 11.49 BN by 2032 with a CAGR of 5.23%.
Metering pump is the displacement pump that is designed to move specific amount of fluid over a period of time at a predetermined volumetric flow rate. It is also known as chemical dosing pumps or chemical injection pumps. The metering pump is used in water treatment, oil & gas, chemical processing, pulp & paper and many more industries owing to its excellent ability to pump fluids.
Market Dynamics
Rising population resulting into growing demand for drinking water with rapid urbanization & industrialization is driving the market growth. Wide application area of the product is also fueling the demand for metering pumps. Favorable initiates undertaken by several governments for wastewater treatment are also propelling growth of this market.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter's five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of metering pump.
Market Segmentation
The broad metering pump market has been sub-grouped into product and end-user. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Type
- Peristaltic Pumps
- Diaphragm Pumps
- Piston/Plunger Pumps
- Others
By End-Use
- Pharmaceutical
- Water & Wastewater
- Food & Beverage
- Oil & Gas
- Chemical
- Others
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for metering pump in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Metering Pump Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the metering pump market include IDEX Corporation, Ingersoll Rand, Dover Corporation, ProMinent, Grundfos Holding A/S, SEKO S.P.A., Milton Roy Company, SPX Flow Technology Norderstedt GmbH, Verder Group, Yamada Corporation, LEWA GmbH, Moyno Inc., Nikkiso Co. Ltd., Swelore Engineering Pvt. Ltd., Wanner Engineering, Inc. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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