What is the global market size of Metering Pumps Market?

Global metering pumps market is valued at USD 6.57 billion in 2021, and it is anticipated to attain a value of USD 9.32 billion by 2028, at a CAGR of 5.12% over the forecast period(2022–2028). Read More

Who are the key vendors in the Metering Pumps Market?

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. 'IDEX Corporation (US)','LEWA (Germany)','Ingersoll Rand (US)','Dover Corporation (US)','ProMinent (Germany)','Grundfos (Denmark)','SEKO (Italy)','Watson-Marlow Fluid Technology Group (UK)','Kirloskar Brother Limited (India)','KSB (Germany)' Read More

What is the key market trend for Metering Pumps Market?

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. Read More

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 Insights

Metering Pumps Market size was valued at USD 6.5 Billion in 2023 and is poised to grow from USD 6.77 Billion in 2024 to USD 9.71 Billion by 2032, growing at a CAGR of 4.1% during the forecast period (2025-2032).

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.

Metering Pumps Market Report Snapshots

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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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