Global Metering Pumps Market is Projected to Register a Healthy CAGR of 6.8%

Posted by ojasdbmr on December 2nd, 2019

Global metering pumps market is expected to grow at a CAGR of 6.8% in the forecast period of 2019-2026. The high growth of this market is due to the growing demand for the modernization and environmental friendly water treatments and waste water management.

Metering pumps, also known as chemical dosing pumps or chemical injection pumps have been used over the years for their high level of accuracy in pumping a wide variety of liquids in a host of various industries. There is a growing demand for metering pumps in water treatment, petrochemicals, oil & gas, chemical processing, pharmaceuticals, food & beverage and pulp & paper activities.

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Competitive Analysis:

Global Metering Pumps Market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Metering Pumps market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global metering pumps are Milton Roy (US), ProMinent (Germany), IDEX Corporation (US), LEWA (Germany), SEKO (Italy), Verder Group (Netherland), Dover Corporation (US), and Watson-Marlow Fluid Technology Group (UK) and Grundfos (Denmark), Flow Technology Norderstedt GmbH, Swelore Engineering Pvt. Ltd., Welore Engineering Private Limited, Seepex GmbH and Walchem

Segmentation: Global Metering Pumps Market

• By Type (Diaphragm, Piston/Plunger and Others)
• By End-Use Industry (Water & Wastewater Treatment, Petrochemicals, Oil & Gas, Chemical Processing, Pharmaceuticals, Food & Beverage, Pulp & Paper and Others)
• By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)    

Market Drivers:

• Rising Demand for Metering Pumps in the Oil & Gas Industry
• Increasing Demand for Pharmaceutical Products is another factor driving the market growth
• Demand for Digital Pumping Solutions is another factor driving the market growth

Market Restraints:

• Maturity of North American and European Markets
• Lack of enough greenfield investments
• Ongoing price wars among leading vendors

Key Insights in the report:

• Complete and distinct analysis of the market drivers and restraints
• Key market players involved in this industry
• Detailed analysis of the market segmentation
• Competitive analysis of the key players involved    

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