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Metering Pump Market Research Report Information by Type (Diaphragm, Piston, Others), by Pump Drive (Motor-Driven, Solenoid-Driven, Pneumatic-Driven, Others), by Application (Water and Wastewater Treatment, Food Industry, Oil & Gas, Petrochemical, Chemical, Pharmaceuticals, Pulp & Paper, Textiles and Other) and Region - Forecast to 2032


ID: MRFR/E&P/2137-HCR | 132 Pages | Author: Anshula Mandaokar| April 2024

Metering Pump Market Overview


Metering Pump Market Size was valued at USD 6.60 billion in 2022. The Metering Pump industry is projected to grow from USD 6.65 Billion in 2023 to USD 9.76 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4% during the forecast period (2023 - 2032).


Hence the metering pump market size increases every year and will hopefully attain the estimated profit by the forecasted period.Metering pumps are also known as dosing pumps or chemical injection pumps. Metering pumps are designed with the atmospheres to move fluids at highly accurate fluids over a correct amount of period. Metering pumps are applicable for high levels of accuracy in pumping a wide variety of liquids in a host of end-used industries. Also, metering pumps are environmentally friendly wastewater disposable. And due to the increasing modernization of infrastructure investment into metering pumps its demand has increased. Metering pumps are widely used in industries. For example waste and wastewater treatment food and beverages pulp and paper petrochemicals and the oil and gas industry. All these domains and sectors of industries are expected to drive the market for the metering pump.


Metering Pump Market COVID 19 Analysis


As for the growing situation of coronavirus the second wave has currently hit the Indian regions mostly. Hence there are problems in lifting the metering pump market once again to its initial level of profit. Metering pumps market although the decline in the year of 2020 and continue to step down in the year of 2021. The pandemic has proved to be a dismay to almost everybody. The market was closed due to lockdown hence purchasing, manufacturing as well as producing all the three processes went down altogether. It is believed that soon in 2022 things would get much more normal and the market would go back to the same level of growth in the forecasted period.


Metering Pump Market Competitive Landscape


The most prominent major key players in the global market are as follows:



  • Lewa GmbH (Germany)

  • Milton Roy Company (U.S.)

  • IDEX Corporation (U.S.)

  • Injection Technical Control Incorporation (Spain)

  • Mcfarland-Tritan LLC (U.S.)

  • Seepex GmbH (Germany)

  • Prominent Dosiertechnik GmbH (Germany)

  • Seko S.P.A. (Italy)

  • Swelore Engineering Private Limited (India)

  • SPX Flow Technology Norderstedt GmbH (Germany)


These most prominent key players in the global market use strategies. These techniques and strategies include acquisitions and mergers, new products and developments, and research and development in the global building market. These joint ventures and alliances are used to track and analyze competitive developments.


Metering Pump Market Dynamics


Drivers


Due to increasing demands in the devices that are environmentally friendly wastewater disposable and also there is an investment in the modernization of infrastructure which is estimated to drive the global metering pump market. In addition to this, there is increasing usage of metering pumps across all the sectors such as the waste and wastewater treatment sector, food and beverage sector, pulp and paper sector, petrochemical sector, and oil and gas sector. All these factors together are expected to increase the demand for metering pumps in the global market.


Restraints


The metering pump market is growing tremendously in the global markets. Still, there are various hindrances in the path of success. The various factors that drive the market down are numerous. To name a few of these, metering pumps are not an ideal device for operations if there is a requirement for a huge quantity of fluid to be transported, in a very short period. Yes, metering pumps are not quick or fast. And in addition to this problem, there is one issue that marks a downfall in market trends, which is that it can not move many types of gases. Most of the gases cannot be moved or transported through a metering pump.


The Objective Of Metering Pump Market



  • Total study into the video segments and subsegments of the global market. Global market analysis is done. A detailed structure is prepared along the forecasted period for the next six years. This is how CAGR and the metering pump market revenue are calculated.

  • The global market Outlook is rechecked and all the insights are thoroughly studied. All the factors that are affecting the market growth are marked down and worked upon.

  • Price analysis, supply chain analysis, and porter's five forces analysis are the tools that are used to analyze the global market. The analysis is always done on some basis.

  • The current market size in future perspectives is always the main focus. According to these factors, a country-level analysis of the market is done. These are the main lines through or upon which the study is made.

  • Market segmentation is done at the country-level analysis of the market for segment by type, application, and region.

  • Analyzation of the course competencies and drawing a competitive landscape of the market is done. This provides strategic profiling of the key players in the market.

  • Joined ventures, strategic alliances, mergers and acquisitions, new product development, and research and developments in the global market. These are the basic strategies and techniques opted for. Strategic alliances and mergers are also used to track and analyze competitive developments.


Metering Pump Market Regional Analysis


The global market has been divided based on region into North America Europe and the Asia Pacific.


Among all these regions, the market share of Asia Pacific holds the largest and the fastest-growing market position. Chinese was the largest metering pump market during the forecasted period. China is the single largest and user of metering pumps. The reason why China holds such a mighty position is due to the comparatively low cost of materials available in China. Also, there is soaring growth of end-use applications with high domestic and foreign investment drives the growth in China. The Asia Pacific dominates the market with high investments from manufacturers for their capacity expansion as well.


Recent Developments



  • The metering pump has made advancements in the type of fluid that it can move around in a short period.

  • There are enhancements due to the environment-friendly wastewater disposable nature of metering pumps in the global market.

  • The metering poems have modernized infrastructure that drives the global market up high and also there is a high level of accuracy in the pumping.

  • The market bro has not stopped due to its uses in various sectors such as wastewater treatment, food and beverages, petrochemicals, and oil and gas industries.

  • The market has an estimated CAGR of 6.5% from 2022 to 2030 which is the forecasted period of growth.

  • Many other advancements in the field of liquids and fluids that can be pumped. Meeting phones are also known as dozing thumbs or chemical injection pumps.

  • Videos tools are used to such as price and this is supply chain and illusions Potter's 5 forces analysis which are very important and shows insights about the market growth.

  • Total and this is into the historical in forecasted revenue of the market segments are done.

  • Modern industrialization and the fastest growing market have led to an increase in the meeting pump market value growth. Low-cost raw materials and soaring growth of and use applications with high domestic and foreign investment have also made the metering pump market grow.

  • March 2021- IDEX Corporation completed the acquistion of ABEL. This acquisition will expand the portfolio of IDEX Group with its diaphragm and piston pumps.


Report Overview


The global metering pump market research report consists of the following elements:



  • Market Overview

  • COVID 19 Analysis

  • Market Dynamic

  • The objective of metering pump

  • Regional Analysis

  • Recent developments

  • Report overview

  • Competitive Landscape

  • Targeted audience 


This global  market research report consists of the factors that drive the global market in the global market along with the factors that restrict the market in the global market. The impact of COVID 19 on the market is also estimated. The report also covers various objectives of metering pumps in the global market. The future growth rate of the global market is mentioned.


Targeted Audience


The targeted audience in the metering pump market industry are as follows-



  • Manufactures

  • Raw Materials Suppliers

  • Aftermarket suppliers

  • Research Institute / Education Institute

  • Potential Investors

  • Key executive (CEO and COO) and strategy growth manage

Report Attribute/Metric Details
  Market Size 2022  USD 6.60 Billion
  Market Size 2023  USD 6.65 Billion
  Market Size 2032  USD 9.76 Billion
  CAGR   4% CAGR (2023-2032)
  Base Year   2022
  Forecast Period   2023-2032
  Historical Data   2019 - 2021
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Type and Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   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) and SPX Flow Technology Norderstedt GmbH (Germany).
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers   Increase in the growing demand for environmentally friendly waste-water disposal, Increasing investment in modernization of infrastructure


Frequently Asked Questions (FAQ) :

Top key players in the industry are 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) and SPX Flow Technology Norderstedt GmbH (Germany), and others.

The estimated CAGR of the metering pump market is 4% in the forecasted period of 2023 to 2032.

The market segmentation that is covered under this research report of the metering pump market is type and application.

The major market drivers in the metering pump market are as follows Increase in the growing demand for environment-friendly wastewater disposable devices Increase in investment in the modernization of infrastructure

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