The International Market Analysis Research and Consulting Group is a leading adviser on management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and markets with close cooperation at all levels of the client organization. This ensures that our clients achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting results.
The latest report by IMARC, titled “ Metering Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 20232028
” finds that the global metering pump market reached a value of US$ 6.6 Billion in 2022.
Metering pumps, also known as chemical injection pumps or chemical dosing pumps, refer to industrial equipment that is used to pump a variety of liquids to other streams or containers at a particular flow rate and discharge pressure. Some commonly available metering pumps include fixed and variable displacement metering pumps.
Fixed metering pumps are used to control and adjust the flow rate based on the speed of the motor, while the variable metering pumps alter the flow in order to move a consistent amount of fluid. In recent years, metering pumps have gained traction due to their extensive adoption in various industry verticals, including oil and gas, chemical, wastewater treatment, pharmaceutical, food and beverage (F&B), paper and pulp, agriculture, and mining.
Request Free Sample Report: https://www.imarcgroup.com/metering-pump-market/requestsample
One of the primary factors driving the market is the significant growth in the chemical processing industry. For instance, metering pumps are extensively employed in the chemical processing industry for injection of solvents, sensitive fluids, alkalis alcohols, and acids. Besides this, metering pumps are widely employed in the refining and pharmaceutical industries for wastewater treatment, which is propelling market growth. Apart from this, the growing demand for potable water has accelerated the product adoption rate across the globe.
Furthermore, extensive investment in the research and development (R&D) activities by key players for various product innovations and advancements in microprocessor and display technologies are propelling the market growth. Moreover, the integration of smartphone-compatible systems with digital pumping solutions is also anticipated to create a favorable market outlook. Looking forward, IMARC Group expects the market value to reach US$ 8.4 Billion by 2028, expanding at a CAGR of 4.11% during the forecast period (2023-2028).
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Market Summary:
Breakup by Type:
• Diaphragm Pumps
• Piston Pumps
• Others
Breakup by Application:
• Water & Wastewater Treatment
• Oil & Gas
• Chemical Processes
• Pharmaceuticals
• Food & Beverages
• Paper & Pulp
• Others
Breakup by Region:
• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
Competitive Landscape with Key Players:
• Grundfos
• IDEX Corporation
• LEWA (Nikkiso Co. Ltd.)
• Mcfarland-Tritan LLC
• Milton Roy Company (Ingersoll Rand)
• ProMinent GmbH
• Seepex GmbH
• Seko S.P.A
• SPX Flow Technology Norderstedt GmbH
• Swelore Engineering Private Limited
• Vereder Group
• Watson-Marlow Fluid Technology Group (Spirax-Sarco Engineering)
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/metering-pump-market
We are the trusted business partners to the world's leading corporates, governments, and institutions
We are the trusted business partners to the world's leading corporates, governments, and institutions
© 2019 IMARC All Rights Reserved
This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication.
IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
