As per the recently published report by MarketsandMarkets™, the “Metering Pumps Market by Type (Diaphragm pump, Pistons/Plungers), End-Use Industry (Water Treatment, Petrochemicals and Oil & Gas, Chemical Processing, Pharmaceuticals), Pump drive (Motor, Solenoid, Pneumatic) and Region – Global Forecast to 2028″, size is projected to grow from USD 6.9 billion in 2023 to USD 8.5 billion by 2028, at a CAGR of 4.3%.
The metering pumps market encompasses the global industry for specialized pumps designed to dispense precise volumes of fluids accurately and consistently in various industrial processes. These pumps are employed across diverse sectors such as water treatment, chemical processing, pharmaceuticals, petrochemicals, food and beverage, and pulp and paper production, among others. They play a pivotal role in maintaining the integrity of fluid compositions, ensuring precise chemical dosing, and complying with stringent quality and environmental standards. The market includes a range of metering pump types, including diaphragm, piston, plunger etc. offering solutions tailored to specific application requirements. Factors such as stringent regulations in water treatment, growth in chemical and pharmaceutical industries, and the need for precise fluid handling contribute to the market’s growth and prominence in various industrial processes.
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- 267 Market data Tables
- 53 Figures
- 254 Pages and in-depth TOC on “Metering Pumps Market – Global Forecast to 2028″
This report also provides a comprehensive analysis of the companies listed below:
The major players in metering pumps market include Ingersoll Rand, Inc. (US), ProMinent GmbH (Germany), IDEX Corporation (US), Grundfos Holding A/S (Denmark), Seko S.P.A. (Italy), and Dover Corporation (US) and others. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the metering pumps market.
Merger & acquisitions, investments & expansions, partnerships & collaborations, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the metering pumps market.