Metering Pump Market - Global Industry Analysis, Size, Share, Trends, Growth, and Forecast 2016 – 2024
Metering Pump
Market: Overview
Metering pumps, also
known as chemical dosing pumps or chemical injection pumps, have been
used over the years for their high level of accuracy in pumping a
wide variety of liquids in a host of end-use industries. The
increased growth in most application areas and the promotion of
energy-efficient products through the implementation of strict
environmental regulations has significantly contributed to the
expansion of the metering pumps market.
By way of product
type, the metering pumps market can be bifurcated into diaphragm and
piston. Based on application, the market can be segmented into water
and wastewater treatment, pharmaceutical, pulp and paper, oil and
gas, chemical, food and beverages, and petrochemicals.
Geographically, the metering pumps market comprises Asia Pacific,
North America, Europe, and Rest of the World.
This publication is
a comprehensive collection of historical, current, and projected data
pertaining to the global metering pumps market, offering clients a
qualitative and quantitative assessment of where the market stands
today and where it is headed.
The report also
offers a detailed assessment of the competitive landscape and
identifies key players contributing toward the growth of the metering
pumps market. The companies have been profiled in the report based on
key parameters such as business and financial overview, recent
developments, product portfolio, and geographical reach. A SWOT
analysis has also been included to give readers a clear understanding
of the players’ strengths, weaknesses, opportunities, and threats.
Metering Pump
Market: Trends and Opportunities
The growing demand
for potable water across the globe is one of the most important
factors boosting the uptake of metering pumps. The shortage of safe
drinking water is a major problem in several regions, with a rapid
pace of industrialization and urbanization. This has resulted in the
adoption of metering pumps in the treatment of wastewater. The global
market is also propelled by the rising popularity of digital pumping
solutions. Nevertheless, ongoing price wars among leading vendors is
anticipated to create hurdles for some, thereby impeding the growth
of the metering pumps market.
On the basis of
type, diaphragm metering pumps are known to possess several
advantages over piston metering pumps, including fewer maintenance
issues. Among the key applications of metering pumps, wastewater
treatment accounts for a considerable share in the overall market
thanks to the rising demand for eco-friendly wastewater disposal and
treatment solutions.
The vendor landscape
of the metering pumps market is characterized by the presence of
large and small players focused mainly on innovation. Thanks to the
availability of affordable tools and technologies, new entrants have
been able to venture into the metering pumps market, resulting in
still competition at a global as well as regional level. When it
comes to metering pumps, branding also plays a major role.
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Metering Pump
Market: Regional Outlook
Asia Pacific is one
of the most prominent regional markets for metering pumps in the
world and is slated to register a strong growth rate over the course
of the forecast period, fueled by a growing focus on capacity
expansion and rising investments from manufacturers. China and India
are the leading contributors in this market, driven by strong demand
for metering pumps. China’s role in the Asia Pacific metering pumps
market has been significant as an end user, thanks to the
availability of raw materials at a comparatively lower cost,
increasing investments by foreign and domestic parties, and surging
end-use applications. Europe and North America are also major players
in the metering pumps market and demand for the same can be
attributed to established water treatment and industrial sectors.
Companies Mentioned
in the Report
Some of the key
players competing in the global metering pumps market are Seepax
Gmbh, SPX Flow Technology Norderstedt Gmbh, Prominent Dosiertechnik
Gmbh, Seko S.P.A., Idex Corporation, Mcfarland-Tritan LLC, Lewa Gmbh,
Injection Technical Control Incorporation, Swelore Engineering
Private Limited, and Milton Roy Company.
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