USD 6.24 billion
Metering Pumps Market Size, Share, Growth Analysis, By Type(Diaphragm Pumps, Piston/Plunger Pumps, Others), By End-User(Water Treatment, Petrochemicals & Oil & Gas, Chemical Processing, Pharmaceuticals), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG20C2012 |
Region:
Global |
Published Date: April, 2024
Pages:
260
|Tables:
69
|Figures:
58
Metering Pumps Market Insights
Metering Pumps Market size was valued at USD 6.24 billion in 2019 and is poised to grow from USD 6.5 billion in 2023 to USD 9.33 billion by 2031, growing at a CAGR of 4.1% in the forecast period (2024-2031).
Stringent water treatment regulations, expansion of manufacturing sector, growth of the chemical, oil & gas, and the pharmaceutical sector are some of the key factors responsible for growth of metering pumps market. In terms of end-users, the water treatment segment was the largest consumer of the metering pumps in 2019. This growth is attributed to governments promotion for safe drinking water for all. For instance, in Canada, a protocol for safe drinking water was made to eliminate all water-borne diseases hence, the water treatment projects increased giving rise to the demand for metering pumps.
US Metering Pumps Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Water Treatment
Fastest Growth
Petrochemicals & Oil & Gas
Growth Rate
4.1% CAGR
Global Metering Pumps Market, 2021-2028 ($ Bn)
Country Share for Asia Pacific Region- 2021 (%)
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Metering Pumps Market Segmental Analysis
Global metering pumps market is segmented based on type, end-use, and region. Based on type, it is categorized into: diaphragm pumps, piston/plunger pumps, others. Based on end-use, it is categorized into water treatment, petrochemicals & oil & gas, chemical processing, pharmaceuticals, food & beverages, pulp & paper, automotive, textile, and others. By region, the market is categorized into: North America, Europe, Asia-Pacific, South America, and MEA.
Metering Pumps Market Analysis by End-Use
Water treatment is predicted to account for the overwhelming share of worldwide metering pumps in terms of end-user. Metering pumps are used to transport and inject flocculent, suspension breakers, chemical reagents, and sludge removers, as well as to dose acids and alkalis for pH control. The market is being driven by the growing need for water and wastewater treatment in countries such as China, India, and the United States. Another driver for the metering pumps market is the increasing number of desalination facilities in GCC nations and other developed and emerging countries to fulfil water shortages. The US EPA announced a USD 6 billion investment in water infrastructure projects under the Water Infrastructure Finance and Innovation Act of 2014 in October 2020.
Global Metering Pumps Market By End-Use , 2021(%)
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Metering Pumps Market Regional Insights
Asia Pacific is dominating the global metering pumps market and is also expected to grow at the fastest CAGR. Wherein, the region is witnessing strong demand for the product coming from the chemical, water treatment, and oil & gas industries. Apart from these industries, food & beverages and pharma sectors are also adding fuel to the overall market growth. Apart from this, the region has over 65% of the global population and most of them is concentrated in India and China, which has also driven the demand for safe drinking water.
Global Metering Pumps Market By Geography, 2021 - 2028
- Largest
- Fastest
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Metering Pumps Market Dynamics
Metering Pumps Market Driver
- With increasing water population due to industrial effluent, several governments around the globe mandated companies to treat waste water before dumping it into natural water bodies or stream. Metering pumps are used in wastewater treatment to accurately dose chemicals into the water, such as chlorine or other chemical additions, to maintain pH levels and kill bacteria. As a result, the need for metering pumps in water and wastewater treatment facilities is expanding. For example, many prominent firms, including Milton Roy, Prominent, and Lewa, are providing metering pumps for wastewater management that can handle solid waste (contaminants in fluid), have improved anti-corrosive qualities, and increase operational efficiency. Thus, the metering pumps market is likely to be driven by stringent government regulations.
Metering Pumps Market Restraints
- The metering pump requirements in various sectors vary depending on the application. The flow rate and discharge pressure must be adjusted to meet dosage requirements. Furthermore, OEM manufacturer criteria change depending on the industry in terms of product design and performance. Metering pumps with measurement and control technologies, terminal boxes, control cabinets for bigger systems, and PLC programmable logic controllers are all in high demand. As a result, to fulfil process requirements, the organization develops custom-made functional blocks. This makes it difficult for businesses to achieve economies of scale. Furthermore, due to a lack of technology and abilities, local manufacturers are often unable to create customized items and it is likely to hamper the growth of metering pumps market to some extent.
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Metering Pumps Market Competitive Landscape
The market is characterized by the presence of a few well-established players.
New product launches, partnerships and investing in research & development have been a key business strategy in the global metering pumps market.
Top Player Company Profiles
- IDEX Corporation
- LEWA
- Ingersoll Rand
- Dover Corporation
- Grundfos Holding A/S
- Milton Roy Company
- ProMinent GmbH
- SEKO S.p.A.
- SPX Flow, Inc.
- Verder Group
- Watson-Marlow Fluid Technology Group
- Flowserve Corporation
- GEA Group AG
- Injection Technical Control Inc. (ITC)
- Neptune Chemical Pump Company
- Nikkiso Co., Ltd.
- Pfeiffer Vacuum GmbH
- Tefen Flow and Dosing Technologies Ltd.
- Walchem Corporation
- Yamada Corporation
Recent Developments
- In February 2022, Wanner Engineering Inc., one of the key players in global metering pumps market, launched P700 series. The P700 Series metering pumps from Hydra-Cell Metering Solutions have a hydraulically balanced, multiple-diaphragm design that provides smooth, linear, and virtually pulse-free flow without the use of pulsation dampeners.
- In June 2021, The Verder Group, a Dutch manufacturer and distributor of pumps and laboratory equipment, announced the acquisition of Xylem's Jabsco rotary lobe pump product line. Verder's group offering in the pharmaceutical and food and beverage markets is expected to be strengthened as a result of the acquisition.
- In April 2021, IDEX Corporation signed a definitive agreement to acquire Airtech Group Inc., US Valve Corporation, and related entities from investment funds managed by EagleTree Capital for USD 470 million. Airtech manufactures and designs engineered pressure technology such as positive displacement vacuum pumps, regenerative blowers, compressor systems, and valves.
Metering Pumps Key Market Trends
- Consumers are demanding more sustainable items as they grow more ecologically conscious. Participants in the metering pumps market must also guarantee that the production procedures are long-term. Because of this, energy-efficient metering pumps are becoming more popular.
- In the past, metering pumps consumed a lot of power. Therefore, there is a need to develop energy-efficient pumps. The new pumps not only save energy and waste, but they also save money and time while operating with pinpoint accuracy.
- Declining ground water level and increased consumption of water is encouraging governments to reduce the water wastage and encouraging them to install metering pump at the distribution center.
Metering Pumps Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.
It is anticipated that water treatment is predicted to account for a larger percentage of global metering pumps market. Metering pumps are used to transport and inject flocculent, suspension breakers, chemical reagents, and sludge removers, as well as to dose acids and alkalis for pH control. The market is being driven by the growing need for water and wastewater treatment in countries such as China, India, and the United States.
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 6.24 billion |
| Market size value in 2031 | USD 9.33 billion |
| Growth Rate | 4.1% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered | Company Profiles
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Metering Pumps Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Metering Pumps Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Metering Pumps Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Metering Pumps Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Metering Pumps Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Metering Pumps Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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