Global Metering Pumps Market, By Type (Diaphragm, Piston/Plunger and Others), End-Use Industry (Water and Wastewater Treatment, Petrochemicals, Oil and Gas, Chemical Processing, Pharmaceuticals, Food and Beverage, Pulp and Paper, Others) - Industry Trends and Forecast to 2030.
Metering Pumps Market Analysis and Size
Over the last decade, the industrial sector has undergone substantial expansion in developing nations and sustained growth in developed/matured economies. The industry's participants are keen to meet demand in growing areas. To increase their competitiveness, increase their production capacities, and better penetrate high-growth regions, they must improve their competitiveness, increase their production capabilities, and better penetrate high-growth regions. These factors have significantly contributed to the market growth which further increases the overall growth for the market.
Data Bridge Market Research analyses that the metering pumps market which was USD 6.71 million in 2022, would rocket up to USD 9.84 million by 2030, and is expected to undergo a CAGR of 4.9% during the forecast period of 2023 to 2030.
“Piston/Plunger” dominates the type segment of the metering pumps market due to their high precision and reliability in delivering accurate fluid dosing.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Metering Pumps Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (Diaphragm, Piston/Plunger and Others), End-Use Industry (Water and Wastewater Treatment, Petrochemicals, Oil and Gas, Chemical Processing, Pharmaceuticals, Food and Beverage, Pulp and Paper, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, and Rest of Middle East and Africa
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Market Players Covered
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Ingersoll Rand (U.S.), Dover Corporation (U.S.), Grundfos Holding A/S (Denmark), SEKO S.p.a (Italy), Watson-Marlow Fluid Technology Group (UK), Lewa GmbH (Germany), Ingersoll Rand (U.S.), IDEX (U.S.), ITC SL (Spain), MCFARLAND PUMPS (U.S.), Prominent (Germany), Swelore Engineering (India) and SPX Flow (Germany), Verder (Netherland), LEWA GmbH (Germany), Grundfos Holding A/S (Denmark), Walchem, Iwaki America Inc (U.S.)
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Market Opportunities
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Market Definition
Metering pumps are precision devices used to accurately control the flow rate of liquids, typically in industrial processes. They operate by repeatedly displacing a specific volume of fluid and are crucial in applications where precise dosing or mixing of chemicals, additives, or other liquids is required, ensuring consistency and control.
Global Metering Pumps Market Dynamics
Drivers
- Increased Demand of Metering Pumps
The growing utilization of the metering pumps across the various end-user industries is estimated to carve a way for the growth of the market. They are largely used across the oil and gas industries as well as in pharmaceutical industries, which largely increases the product demand, thus boosting the market growth. The increasing awareness about the advantages of metering pumps will further propelled the growth rate of metering pumps market. In addition, focusing on automation to reduce lead times, unnecessary wastage and unplanned downtime and ensure the safety of the environment and personnel will also drive market value growth. The growing number of desalination facilities in GCC nations and other developed and emerging countries to meet water shortages are other market growth determinants projected to bolster the market's growth
Opportunity
- Stringent Regulations and Market Strategies
Furthermore, various governments have implemented strict rules and regulations requiring industries to purify water before dumping it into bodies of water, extending profitable opportunities to the market players in the forecast period. In addition, the leading market players are pursuing tactics such as expansion and joint ventures in order to improve their competitiveness, raise their production capabilities, and gain a better foothold in high-growing regions, all of which will contribute to the metering pumps market's future growth
Restraint/Challenge
- Growing Customization Demands
The requirements for metering pumps in various sectors varies depending on the application. Depending on the dosage required, the flow rate and discharge pressure must be adjusted. Furthermore, due to a lack of technology and abilities, local manufacturers are sometimes unable to create customized items. As a result, this aspect will obstruct market expansion
This global metering pumps market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global metering pumps market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth
Recent Development
- In September 2022, Verder Liquids has introduced the Verderflex Ds500, a new dosing and metering pump with IoT functionality. This innovative pump is designed to improve accuracy and reduce operational costs in chemical dosing applications
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions. Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Metering Pumps Market Scope
The global metering pumps market is segmented on the basis of type and end-use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Diaphragm
- Piston/Plunger
- Others
End-Use Industry
- Water and Wastewater Treatment
- Petrochemicals
- Oil and Gas
- Chemical Processing
- Pharmaceuticals
- Food and Beverage
- Pulp and Paper
- Others
Global Metering Pumps Market Regional Analysis/Insights
The global metering pumps market is analyzed and market size insights and trends are provided by type and end-use industry are referenced above.
The countries covered in the metering pumps market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E., Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa.
North America dominates the metering pumps market because of the increasing use of metering pumps for treating industrial wastewater has been attracted by stringent government regulations and substantial fines for damaging natural water bodies within the region.
Asia-Pacific region had the highest growth rate in the metering pumps market due to the improving living standards, rapid industrialization, huge population base, and the low-cost labor within the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends, and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Metering Pumps Market Share Analysis
The global metering pumps market competitive landscape provides details by competitors. details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width, and breadth, application dominance. The above data points provided are only related to the company’s focus related to the global metering pumps market.
Some of the major players operating in the global metering pumps market are:
- Ingersoll Rand (U.S.)
- Dover Corporation (U.S.)
- Grundfos Holding A/S (Denmark)
- SEKO S.p.a (Italy)
- Watson-Marlow Fluid Technology Group (U.K.)
- Lewa GmbH (Germany)
- Ingersoll Rand (U.S.)
- IDEX (U.S.)
- ITC SL (Spain)
- MCFARLAND PUMPS (U.S.)
- Prominent (Germany)
- Swelore Engineering (India)
- SPX Flow (Germany)
- Verder (Netherland)
- LEWA GmbH (Germany)
- Grundfos Holding A/S (Denmark)
- Walchem, Iwaki America Inc (U.S.)
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