Metering Pumps Market Size to grow by USD 1116.9 million between 2024-2028
According to a research report “ Metering Pumps Market” by Product (Diaphragm, Plunger, Others) End-user (Water and wastewater industry, Oil and gas industry, Chemical and petrochemical industry, Food and beverage industry, Others) Geography (APAC, Europe, North America, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1116.9 million, at a CAGR of 4.36% during the forecast period. In the global business landscape, the metering pumps market is experiencing significant growth due to the increasing demand for potable water in all geographic regions. With water being an essential resource for human life and survival, factors such as urbanization and industrialization, economic growth in developing countries, and rising per capita water consumption are driving the need for high-quality potable water. Governments are responding to the severe shortage of potable water by implementing water conservation, treatment, and preservation initiatives. Additionally, stringent regulations limiting the discharge of waste into the environment have led to an increase in the number of water and wastewater treatment plants, thereby fueling market growth for metering pumps..
Browse market data tables, figures, and in-depth TOC on “Metering Pumps Market” by Product (Diaphragm, Plunger, Others) End-user (Water and wastewater industry, Oil and gas industry, Chemical and petrochemical industry, Food and beverage industry, Others) Geography (APAC, Europe, North America, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample
By Product, the Diaphragm segment is projected to dominate the market size in 2024
The metering pumps market is experiencing significant growth due to the increasing demand for precise liquid dosing and delivery in various industries. These pumps offer advanced features such as self-priming, non-clogging, and corrosion resistance, making them a preferred choice for applications in water and wastewater treatment, pharmaceuticals, and oil and gas. Market drivers include stringent regulations and the need for efficient and cost-effective solutions. Key players include Eaton Corporation, Graco Inc., and Wilo SE.
By End-user, Water and wastewater industry segment is expected to hold the largest market size for the year 2024
The metering pumps market represents a significant business opportunity for manufacturers and suppliers due to the increasing demand for precise liquid dosing solutions across various industries. These pumps offer advanced features such as self-priming, non-clogging, and corrosion resistance, making them indispensable in water and wastewater treatment, pharmaceuticals, and oil and gas production. Market growth is driven by stringent regulations, rising water scarcity, and the need for efficient process control.
APAC is forecasted to hold the largest market size by region in 2024
The metering pumps market represents a significant business opportunity for manufacturers and suppliers, driven by the increasing demand for precise liquid dosing and metering applications across various industries. These pumps offer advanced features such as self-priming, non-clogging, and corrosion resistance, making them indispensable in water and wastewater treatment, pharmaceuticals, and chemical processing. Market growth is further fueled by stringent regulations and the need for sustainable and efficient solutions.
The Metering Pumps Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Metering Pumps Market encompasses a wide range of pumps used for precise chemical dosing in various industries, including the energy sector, water treatment, chemical processing, petrochemical industries, and oil and gas. These pumps, which can be categorized into piston pumps (piston or plunger type) and diaphragm pumps, play a crucial role in fluid control systems. In the energy industry, metering pumps are used for injecting specialty chemicals into boilers and power plants for efficient energy production. In the water sector, they are essential for freshwater resources management, ensuring clean drinking water and effective wastewater management to mitigate water pollution. Automation and diagnostic equipment have significantly improved metering pump performance, ensuring accurate and consistent chemical dosing. The metering pump market is expanding due to the increasing demand for clean drinking water, stringent environmental regulations, and the growing need for chemical processing in various industries. Metering pumps are also used in oil and gas production for chemical injection, enhancing oil recovery and reducing emissions. Overall, the metering pump market is expected to grow significantly due to its applications in diverse industries and the need for precise fluid control and chemical dosing.
Market Research Overview
The Metering Pumps Market is a significant segment of the Fluid Handling Technologies industry, playing a crucial role in Chemical Processes and the Energy industry. Piston pumps and Diaphragm pumps are the two primary types of metering pumps, each with its unique advantages. Piston pumps are ideal for high-pressure applications, while Diaphragm pumps are suitable for low-pressure applications and handling viscous liquids, slurries, bases, acids, and corrosives. The market caters to various sectors, including Industrial Processes, Desalination Plants, Chemical Production, and Water Treatment. Adjustable stroke rates, Variable Speed Drives, and Diagnostic Capabilities are essential features of modern Metering Pumps, enabling precise chemical dosing and monitoring. Materials of construction, such as Alloys, Polymers, and Metals, are critical considerations for the market, given the diverse range of applications and environmental standards. The Water Treatment segment, which includes Freshwater and Wastewater Treatment, is a significant consumer of Metering Pumps due to the need for precise chemical dosing and monitoring to ensure Clean Drinking Water and effective Wastewater Management. The Oil and Gas industry, Petrochemical Industries, and the Engineering sector also rely on Metering Pumps for Crude Oil Production, Refinery Throughput, and Chemical Additives. With a focus on Sustainable Development Goals and reducing Freshwater Consumption, the market is expected to grow significantly in the coming years.
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