Metering Pumps Market is expected to show a significant growth during the forecasted period.
By Herald Keeper
A metering pump is a device with the ability to vary capacity manually or automatically as per requirement of the process conditions. Moreover, it works on a repetitive basis with high level of accuracy. Food and beverage industry is one of the fastest-growing end-use industries for metering pumps. On the basis of applications the market has been segmented as water and wastewater treatment, food industry, oil & gas, petrochemical, chemical and others. The processed food industry is driven by changing consumer lifestyle, increasing disposable income, and implementation of food security policies while water treatment industry accounted for the largest share of the metering pumps. Moreover investment in water market will aid in the market growth of metering market.
Technologies to reduce the total cost with increased investment in infrastructure and stringent government regulations are some of the factors which will influence the growth in the metering pumps market, positively. Moreover, environmental concerns and technological advancements in countries such as China and India lead to the growth of metering pumps market in the forecast period.
The key players of global metering pump market include
- Lewa GmbH (Germany),
- Milton Roy Company (U.S.),
- IDEX Corporation (U.S.),
- Injection Technical Control Incorporation (Spain),
- Mcfarland-Tritan LLC (U.S.),
- Seepax GmbH (Germany),
- Prominent Dosiertechnik GmbH (Germany),
- Seko S.P.A. (Italy),
- Swelore Engineering Private Limited (India)
- SPX Flow Technology Norderstedt GmbH (Germany).
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Market Research Analysis:
Asia-Pacific is expected to dominate the market of metering pumps in the forecast period. High investments and growing demand for technologically upgraded items are some of the factors, which drive the demand for metering pumps market. Moreover, features such as low maintenance cost and high operating efficiency are pushing the market towards growth. Additionally, numerous government regulations in order to promote efficiency across various end use industries are also adding to the market growth.
Scope of the report
This study provides an overview of the global Metering pumps industry, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific, and Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Metering pumps market by type and application. On the basis of type it is segmented as Diaphragm, and Piston. On the basis of application it is segmented as water and wastewater treatment, oil & gas, petrochemical, chemical and other.
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Metering pumpare also known as chemical dosing pumps or chemical injection pumps. Increasing demand for safe drinking water and increasing investment into modernization of infrastructure push the market towards growth. In addition, numerous government regulations in order to promote efficiency across various end use industries further boost the market growth. Rising environmental concerns and introduction of metering pumps in both residential and non-residential sectors and its high operating efficiency helps boost the metering pumps market.
Water treatment industry accounted for the largest share of the metering pumps
Metering pumps are used for purification of drinking water and treatment of wastewater. Metering pumps are used in a variety of municipal drinking water and wastewater applications to dispense treatment filtration, clarification and disinfection. Metering pumps have the flexibility to easily vary the amount of chemical dosage.
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