Metering Pump Market Price, Analysis, Growth, Share, Industry Trends And Forecast 2020-2025

ENERGY AND POWER

According to the latest report by IMARC Group, titled “Metering Pump Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global metering pump market grew at a CAGR of around 6% during 2014-2019. Metering pump is an industrial equipment that transfers fluids to other streams or vessels at an extremely precise flow rate and discharge pressure. It primarily includes fixed displacement metering pumps that adjust the flow rate according to the speed of the motor, and variable displacement metering pumps which move a consistent amount of fluid independent of the speed of the motor. These pumps are widely used across various diverse industries, including chemical, oil and gas, pharmaceutical, food and beverage, paper and pulp, agriculture, mining, etc.

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The growing adoption of metering pumps for wastewater treatment across the mining, pharmaceutical, and oil and gas refining industries, is primarily driving the market growth. Furthermore, extensive applications of metering pumps in the chemical processing industry to inject acids, alkalis, solvents, alcohol, sensitive fluids, etc., are also catalyzing the global market. The rapid integration of advanced technologies, such as artificial intelligence, machine learning, and Internet-of-Things (IoT) has led to several product innovations in the sector. Furthermore, the growing popularity of smartphone-compatible systems with digital pumping solutions will continue to augment the demand for metering systems in the coming years. Looking forward, IMARC Group expects the global metering pump market to continue its moderate growth during the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global metering pump market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, type and application.

Breakup by Type:

  • Diaphragm Pumps
  • Piston Pumps
  • Others

Breakup by Application:

  • Water & Wastewater Treatment
  • Oil & Gas
  • Chemical Processes
  • Pharmaceuticals
  • Food & Beverages
  • Paper & Pulp
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape Key Player:

  • Grundfos
  • IDEX Corporation
  • LEWA (Nikkiso Co. Ltd.)
  • Mcfarland-Tritan LLC
  • Milton Roy Company (Ingersoll Rand)
  • ProMinent GmbH
  • Seepex GmbH
  • Seko S.P.A
  • SPX Flow Technology Norderstedt GmbH
  • Swelore Engineering Private Limited
  • Verder Group
  • Watson-Marlow Fluid Technology Group (Spirax-Sarco Engineering)

Explore Full Report with TOC & List of Figure: https://bit.ly/33AA6Kb

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