Metering Pumps Market by Type (Diaphragm, Piston/Plunger, and Others), by End-Use Industry (Water and Wastewater Treatment, Petrochemicals, Oil and Gas, Chemical Processing, Pharmaceuticals, Food & Beverage, Pulp & Paper, and Others): Global Market Size Estimates and Forecast (2022-2030)

Code: BMIRE00026379 | Pages: 100 | Industry: Chemicals and Materials | Date: Sep 2022 | Type: Global

Metering Pumps Market by Type (Diaphragm, Piston/Plunger, and Others), by End-Use Industry (Water and Wastewater Treatment, Petrochemicals, Oil and Gas, Chemical Processing, Pharmaceuticals, Food & Beverage, Pulp & Paper, and Others): Global Market Size Estimates and Forecast (2022–2030)

The market crossed US$ 6.5 billion mark in 2022 and is expected to hit US$ 9.5 billion by 2030, recording a CAGR of 6.5% during the forecast period.

Increasing metering pumps’ demand in chemical processing industry to drive market growth

Increasing demand from the chemical processing activities such as gas-liquid reactions, homogenization, liquid holding suspensions, gas dispersion, etc. is expected to drive the market growth. Furthermore, technological innovations in the development of advanced metering pumps for various industrial applications such as food & beverage, oil & gas, waste water treatment, and so on is likely to accelerate the material’s demand globally. In addition, growing expansion of the manufacturing industries requiring the usage of smart metering pumps is anticipated to increase the product demand worldwide.

Within the report, the market is segmented into type, end-use industry, and geography. By type, the market is further segmented into diaphragm, piston/plunger, and others. On the basis of end-use industry, the market is bifurcated into water and wastewater treatment, petrochemicals, oil and gas, chemical processing, pharmaceuticals, food & beverage, pulp & paper, and others. Geographically, the market is sub segmented into North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa.

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Increasing usage of diaphragm metering pumps to favor market growth

Metering pumps are widely used in measuring liquid flow levels in various industrial applications such as chemicals, food & beverages, oil & gas, and others. Increasing usage of the diaphragm metering pumps due to its superior performance and ability to handle wide variety of fluids such as slurries, viscous fluids, acids, etc. is likely to favor the market growth.               

 

Increasing usage in various manufacturing industries to drive market growth

Metering pump is extensively used in various industrial applications such as water & wastewater treatment, petrochemicals, oil and gas, chemical processing, pharmaceuticals, food & beverage, pulp & paper, and others. Increasing usage of the centrifugal and progressive activity-based metering pumps in wastewater management activities is expected to drive the water & wastewater treatment segmental growth. Furthermore, rising demand for diaphragm metering pumps in handling hazardous fluids in chemical plants is expected to increase the product demand globally. In addition, increasing usage in various other industries such as petrochemicals, oil and gas, pharmaceuticals, food & beverage, pulp & paper, and others is also driving the market growth.

 

Recent strategic developments in metering pumps market

The metering pumps market has undergone several significant developments, and a few of these have been mentioned below:

  • In March 2022, Atlas Copco acquired LEWA GmbH and its subsidiary company Geveke B.V. to increase its manufacturing base of diaphragm metering pump, metering systems, and process pumps in Europe.
  • In August 2019, Saipem collaborated with Seko to start manufacturing of new subsea metering pump system.

The metering pumps market is driven by several players by implementing strategic activities such as investments, new launches, mergers & acquisitions, and partnerships. Dover Corporation, Grundfos, IDEX Corporation, Lewa, and Milton Roy Company are among the prominent players operating in the market.

Target audience for the report:

  • Metering pump manufacturers
  • Metering pump suppliers
  • Metering pump distributors
  • Chemical industry-related associations, organizations, forums, and alliances
  • Government bodies, such as regulating authorities and policy makers
  • Venture capitalists, private equity firms, and start-up companies
  • End users of metering pumps
  • Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented on the basis of:

  • Type:
    • Diaphragm
    • Piston/Plunger
    • Others
  • End-Use Industry:
    • Water and Wastewater Treatment
    • Petrochemicals
    • Oil and Gas
    • Chemical Processing
    • Pharmaceuticals
    • Food & Beverage
    • Pulp & Paper 
    • Others   
  • Region
    • North America
    • Europe
    • Asia Pacific (APAC)
    • South & Central America
    • Middle East & Africa
  • Companies profiled
  • Dover Corporation
  • Grundfos
  • IDEX Corporation
  • Lewa
  • Milton Roy Company s

Companies profiled
- Dover Corporation
- Grundfos
- IDEX Corporation
- Lewa
- Milton Roy Company s

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