Global Metering Pumps Market

Metering Pumps Market Size, Share, Growth Analysis, By Type (Diaphragm Pumps, Piston/Plunger Pumps), By Pump Drive (Motor-driven, Pneumatic-driven), By End-User (Water Treatment, Petrochemicals & Oil & Gas), By Region - Industry Forecast 2025-2032


Report ID: SQMIG20C2012 | Region: Global | Published Date: November, 2024
Pages: 260 | Tables: 69 | Figures: 58

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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FAQs

Metering Pumps Market size was valued at USD 6.24 billion in 2022 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). 

Recent Developments 'IDEX Corporation  ', 'LEWA  ', 'Ingersoll Rand  ', 'Dover Corporation ', 'Grundfos Holding A/S ', 'Milton Roy Company ', 'ProMinent GmbH ', 'SEKO S.p.A. ', 'SPX Flow, Inc. (Lone Star) ', 'Verder Group ', 'Watson-Marlow Fluid Technology Group (Spirax Group) ', 'Flowserve Corporation ', 'GEA Group AG ', 'Injection Technical Control Inc. (ITC) ', 'Neptune Chemical Pump Company ', 'Nikkiso Co., Ltd. ', 'Tefen Flow and Dosing Technologies Ltd. ', 'Walchem Corporation ', 'Yamada Corporation '

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.

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.

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Global Metering Pumps Market

Report ID: SQMIG20C2012

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