Press release
Metering Pump Market Projected to Reach USD 5.30 Billion by 2023 | International Top Key Players: Lewa GmbH , Milton Roy Company , IDEX Corporation , Injection Technical Control Incorporation , Mcfarland-Tritan LLC
The Metering Pumps Market was valued at USD 3.70 Billion in 2016, and is projected to reach USD 5.30 Billion by 2023, at a CAGR of 6.5%, during 2018 to 2023.
A metering pump is designed with the purpose to move fluids at highly precise flow rates over certain periods of time. Metering pumps are also known as chemical dosing pumps or chemical injection pumps and are used for high level of accuracy in pumping a wide variety of liquids in a host of end-use industries. Increase in the growing demand for environmentally friendly waste-water disposal and increasing investment in modernization of infrastructure are estimated to drive the global metering pump market. Moreover, increasing usage of metering pumps across industries such as waste and wastewater treatment, food & beverages, pulp & paper, petrochemicals, and oil & gas industry, is expected to drive the market for the metering pump in the forecast period.
However, these pumps are not ideal for operations that require movement of huge quantities of fluid in a short span of time. Additionally, it is not recommended for moving most types of gas.
Industry Top Key Players:-
The key players of global metering pump market include Lewa GmbH (Germany), Milton Roy Company (U.S.), IDEX Corporation (U.S.), Injection Technical Control Incorporation (Spain), Mcfarland-Tritan LLC (U.S.), Seepax GmbH (Germany), Prominent Dosiertechnik GmbH (Germany), Seko S.P.A. (Italy), Swelore Engineering Private Limited (India) and SPX Flow Technology Norderstedt GmbH (Germany).
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Major Points of Table Of Contents:-
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Metering Pumps Market, By Type
4.1 Diaphragm
4.2 Piston
5 Global Metering Pumps Market, By Application
5.1 Introduction
5.2 Water And Wastewater Treatment
5.3 Oil & Gas
5.4 Petrochemical
5.5 Chemical
5.6 Other
To be continued.......
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Regional Analysis of Global Metering Pump Market Analysis:-
Asia-Pacific is projected to be an emerging market for Metering pump. China is the largest and is also projected to be the fastest-growing market for metering pumps during the forecast period. China is the single largest end-user for metering pumps. Availability of comparatively low-cost raw materials and soaring growth of end-use applications with high domestic and foreign investment drives the growth in China. Asia-Pacific is projected to dominate the metering pump market during the forecast period with high investments from manufacturers for capacity expansion.
Target Audience:-
• Manufactures
• Raw Materials Suppliers
• Aftermarket suppliers
• Research Institute / Education Institute
• Potential Investors
• Key executive (CEO and COO) and strategy growth manager
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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