Press Release
Chemicals

Metering Pumps Market Expected to Grow at 6.5 Billion In Revenue by 2023

The Global Metering Pumps Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. The report contains 169 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. An exclusive data offered in this report is collected by research and industry experts team.

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The Metering Pumps Market is estimated to grow from US$ 4.3 Billion in 2018 to US$ 5.9 Billion by 2023, at a compound annual growth rate (CAGR) of 6.5% during the forecast period. The report spread across 169 Pages, profiling 11 companies and supported with tables and figures.

Major Vendors profiled in the Metering Pumps Market:

  • Milton Roy (US)
  • ProMinent (Germany)
  • IDEX Corporation (US)
  • LEWA (Germany)
  • Grundfos (Denmark)
  • SEKO (Italy)
  • Verder Group (Netherlands)
  • Dover Corporation (US)
  • Watson-Marlow Fluid Technology Group (UK)

Diaphragm metering pumps are widely used for dosing and chemical injection applications such as corrosive chemical, volatile solvents, viscous & sticky fluids, creams, gels, and oils. These pumps are widely used in the water treatment industry. Along with the treatment, municipalities also look for efficient, cost-effective operations with minimal downtime, creating opportunities for the growth of the metering pumps market. Subsequently, this growth will help in meeting the increasing demand from the water treatment industry, there by driving the diaphragm metering pumps market.

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The market in the food &beverages segment is projected to register the highest growth rate during the forecast period. End users of the food & beverages industry include companies involved in the transformation of livestock and agricultural products into food for consumption. The beverages industry comprises manufacturers of non-alcoholic beverages, alcoholic beverages produced by fermentation, and distilled alcoholic beverages.

APAC is projected to be the fastest-growing metering pumps market, globally. The rise in demand for metering pumps is associated with the increase in investments in end-use industries such as oil & gas, chemical processing, water treatment, and pharmaceuticals. The demand for fresh water in India is growing rapidly, due to the growing population and increasing urbanization, which will drive the metering pumps market in the country.

Study Objectives:

  • To forecast the market size of different segments with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), South America, and the Middle East & Africa
  • To strategically profile the key players and comprehensively analyze their growth strategies
  • To analyze and forecast the market size on the basis of type and end-use industry
  • To analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the market
  • To analyze the competitive developments, such as expansion, new product development, and merger & acquisition in the market

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