Dosing Systems Market- Forecast (2018-2023)
Posted by Venkatesh on October 29th, 2018
According to the new market research report by IndustryARC titled “Dosing Systems Market By Technology Type (Diaphragm, Piston, Peristaltic) By Application (Water Treatment, Oil & Gas, Chemical Processes, Pharmaceuticals, Food & Beverages, Pulp & Paper, Agriculture & Pesticides, Textiles and Others) and By Geography 2018-2023”, the market is driven by the rapidly growing industries such as oil & gas, water treatment, power generation, chemical processing, food & beverage, etc.
Europe to dominate the Dosing Systems Market during the forecast period
Europe is expected to have the largest share in the Dosing Systems Market during the forecast period. It is expected to reach 36.2 million by 2023 at a CAGR of 3.10%. North America will experience a growth of ,934 million by 2023 at a CAGR of 3.6%. Asia Pacific is expected to have the highest growth due to the increasing needs from water and waste water treatment industries. The need for clean drinking water in Asia Pacific also spurs the need for dosing systems. The countries in the Middle East will have more demand for dosing systems in water treatment as increasing demand for clean drinking water is observed in the region.
Selected Analysis done in the Dosing Systems Market Report:
The water treatment segment is expected to experience the largest growth in the Dosing Systems Market during the forecast period. It is expected to have a growth of 51.9 million at a CAGR of 5.9% by 2023. This is due to the growing demand for water treatment in the Asia Pacific. Power generation is the second largest segment and will reach 36.4 million by 2023 at a CAGR of 4.2%. Water treatment is an industrial process which makes contaminated water suitable for various purposes such as drinking, industrial use, agriculture, medicine. The water contaminants are removed or the concentration of the contaminants is reduced to make it safe for use. Different processes such as settling and filtration, and chemical processes such as disinfection and coagulation are used for water treatment.
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Excerpts on Dosing Systems Market Growth Factors
• The recent developments in the dosing systems have led to the production of automated solutions of low cost. They reduce human interference and provide accurate injection of chemicals during the dosing process. This factor drives the Dosing Systems Market.
• Increasing need for drinking water and waste water treatment enhances the growth of dosing systems in the Asia Pacific.
• Growth of the oil & gas and energy industry will enhance the growth of the Dosing Systems Market.
Key players of the Dosing Systems Market
The key players of the Dosing Systems Market are IDEX Corporation, Grundfos Holdings A/S,
Dosing Systems Market is segmented as below
Growing end user industries such as oil & gas, power generation, and chemical processing drive the Dosing Systems Market.
A. Dosing Systems Market By Application
B. Dosing Systems Market By Technology Type
C. Dosing Systems Market by Geography (covers 14+ countries)
Companies Cited / Interviewed
1. ADVANCED HOLDINGS LTD
What can you expect from the report?
1. Market Size by Product Categories & Application 11. Demand Analysis (Revenue & Volume)
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IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.
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About the AuthorVenkatesh
Joined: August 23rd, 2018
Articles Posted: 184
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