Global Metering Pumps Market by Type (Diaphragm, Piston/Plunger), by End user (Water Treatment, Petrochemicals, Oil & Gas, Chemical Processing, Pharmaceuticals, Food & Beverages, Pulp & Paper) and by region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America) is expected to reach US$ XX Bn by 2027, at a CAGR of XX % during a forecast period.
Many metering pumps are oscillating displacement pumps. An accurate volume of liquid is drawn into the displacement body on the reciprocal stroke and forced into the metering line on the compression stroke. A metering pump moves exact volume of liquid in a specified time period providing an accurate volumetric flow rate. Delivery of fluids in accurate adjustable flow rates is sometimes called metering.
Rising demand for the modernization and environmental friendly water treatments and waste water management are driving this metering pump market. Innovation, Development and launch of new products is a trend observed in this market. The usage of these pumps offers extensive range of advantages and they can be utilized for applications in several sectors including medical, laboratory, and pharmaceutical industries. Intelligent metering pumps have various features including programmable inputs and outputs and support multiple programming platforms like Visual Basic and C++. They suggest flexibility and control within a system and provide high feedback on performance and processes. Such benefits will contribute to the growing demand for intelligent metering pumps throughout the forecast timeframe, fueling the market’s growth.
Diaphragm segment are rapidly increasing during the forecast period.
Diaphragm metering pump is a type of pump which is mostly used to move a precise volume of fluid (water or liquid chemical) in a specific time period over an exact flow rate during the process. In case of dangerous liquid, toxic or noxious liquid, diaphragm pumps are widely used for metering to avoid leakage at the seal or packaging. Successively, this growth will help in meeting the increasing demand from the water treatment industry, thereby driving the diaphragm metering pumps market.
The Metering Pumps Market in Asia Pacific region is expected to hold the largest share during the forecast period.
Asia-Pacific is likely to be an emerging market for Metering pump. China is the largest and is also expected to be the fastest-growing market for metering pumps during the forecast period. Asia-Pacific is anticipated to dominate the metering pump market during the forecast timeframe with high investments from manufacturers for capacity expansion.
Key players operating in the global Metering Pumps market are Milton Roy, ProMinent, IDEX Corporation, LEWA, Grundfos, SEKO, Verder Group, Dover Corporation and Watson-Marlow Fluid Technology Group. Key players and manufactures are focusing on entering the new market by producing and launching technically advance and cost-effective products in the market. Production capacity expansion, brand portfolio expansion, mergers, collaborations, joint ventures and acquisitions of innovative businesses is the key trend to foot hold and penetrate market.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about global metering pumps market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for taking in product strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global metering pumps market. The driving forces, as well as considerable restraints, have been explained in depth. in addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain global metering pumps market positioning of competitors.
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