Global Metering Pump Market, By Type (Diaphragm, Piston/Plunger, Others), By End-Use Industry (Petro

Published Date: | Report Code : EQ1922318

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The Metering Pump Market is projected to register high demand during the forecast period with increasing demand from major end-use industries such as petrochemicals, oil & gas, chemical processing, pharmaceuticals, water treatment, food & beverages, pulp & paper, and others during the forecast period.

The growing interest in modernization and eco-friendly wastewater management & water treatment are factors driving the metering pump market. Several key players are investing in R&D to produce technologically advanced products. Metering pumps are used to move fluids in precise and adjustable flow rates.

Segment Analysis:

Maturity of the European and North American markets and lack of knowledge about various product applications can restrain the market growth. However, the need for digital pumping solutions and expanding capacities of chemical plants in developing regions can serve as growth drivers for the market.

Key Factors Impacting Market Growth:

  • Rising interest for accurate, superior quality, and dependable metering systems
  • Technological advancements
  • Growing demand from various end-use industries for water treatment and other applications
  • Demand for customization from consumers is on the rise

Regional Analysis:

Major regions for the metering pump market are estimated to North America, Western Europe, and Asia Pacific. North America and Western Europe have been traditional markets for the metering pump owing to the strong presence of the industrial sector. The industrial sector has been one of the key contributors to the economies in these regions. Major industries in these regions are estimated to be petrochemicals, oil & gas, chemical processing, pharmaceuticals, water treatment, food & beverages, pulp & paper, and others. These industries have an established base resulting in stable market demand. Moreover, most of these industries have been witnessing a transition in terms of product development and production methods. These factors are expected to drive the demand for the metering pump market in North America and Western Europe region. Major markets by country in these regions include the US, Germany, France, UK, Canada, Spain, and others. The Asia Pacific and Middle East region has witnessed tremendous growth of the industrial sector in recent years. Major companies operating in this market have made strategic developments to improve market presence in these regions. In addition to this, some of the fastest-growing economies including China and India have been major markets for various end-use industries including petrochemicals, oil & gas, chemical processing, pharmaceuticals, food & beverages, and so on. Among these industries, agriculture & pesticides, textiles, poultry, construction, and mining are estimated to register high demand for the metering pump market during the forecast period. On the other hand, Middle East region has witnessed diversification in terms of industrial outlook in recent decades. UAE, Saudi Arabia, Qatar, and others have been instrumental in promoting the development of various industries including petrochemicals, oil & gas, chemical processing, pharmaceuticals, food & beverages, and so on. This is expected to drive the growth of the metering pump market directly or indirectly in the region. Eastern Europe consisting of Russia and Turkey promises a stable demand for the metering pump market during the forecast period. Rest of the World including South America and Africa are estimated to be a developing market with strong potential in strategic future.

Companies Covered: Milton Roy Company, ProMinent, IDEX Corporation, Lewa GMBH, Grundfos, Seko SPA, Verder Group, Injection Technical Control Incorporation, Dover Corporation, and Watson-Marlow Fluid Technology Group… 

Market Segmentation:

By Type:

  • Diaphragm
  • Piston/Plunger
  • Others (Peristaltic Pumps and Syringe Pumps) 

By End-Use Industry:

  • Petrochemicals
  • Oil & Gas
  • Chemical Processing
  • Pharmaceuticals
  • Water Treatment
  • Food & Beverages
  • Pulp & Paper
  • Others (Agriculture & Pesticides, Textiles, Poultry, Construction, and Mining)

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Type
    • By End-Use Industry
  • Europe
    • By Country (Germany, UK, France, Rest of Europe)
    • By Type
    • By End-Use Industry
  • Asia Pacific
    • By Country (China, Japan, India, Rest of Asia Pacific)
    • By Type
    • By End-Use Industry
  • Rest of the World
    • By Region (Middle East, Latin America, Rest of the World)
    • By Type
    • By End-Use Industry

Reasons To Buy This Report:

  • Market size estimation of the metering pump market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

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