Dosing Pumps Market Status - Size, Top Companies, Annual Forecast 2019-2026

Increase in need of dosing pumps in water and wastewater treatment industry, and surge in adoption of smart dosing pumps drive the growth of the global dosing pumps market.

According to the report, the global dosing pumps industry garnered $5.90 billion in 2018, and is estimated to reach $8.99 billion by 2026, growing at a CAGR of 5.4% from 2019 to 2026.
The diaphragm pumps segment to rule throughout the study period-

Based on type, the diaphragm pumps segment garnered the highest revenue share, contributing more than two-fifths of the total global dosing pumps market. The diaphragm pumps are seal less & oil free, and have simple cleaning/maintenance, versatile design & function and can run dry for short periods. On the other hand, the piston pumps segment is expected to register the highest CAGR of 5.6% during the study period

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Prime determinants of the market-

Increase in need of dosing pumps in water and wastewater treatment industry, and surge in adoption of smart dosing pumps drive the growth of the global dosing pumps market. However, high cost of dosing pumps restrains the market growth. On the other hand, trend for batch manufacturing in pharmaceutical industry offers numerous opportunities in coming years.

LAMEA region to manifest the fastest growing rate, followed by North America-

Based on region, Asia-Pacific held the highest market share in 2018, accounting for more than two-fifths of the global dosing pumps market and is estimated to maintain its lead status during the forecast period. This is due to high manufacturing base of industries such as food & beverages, pulp & paper, chemical, textile, refining & petroleum, water & wastewater treatment. However, Europe is expected to grow at the fastest rate, portraying a CAGR of 6.3% from 2019 to 2026.

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Leading market players-
o Netzsch Pumpen System GmbH
o Prominent GmbH
o Nikkiso Co., Ltd.
o Nlue-White Industries
o Grundfos Holding A/S
o Idex Corporation
o Seko SpA
o SPX Flow Inc
o W.E.S. Ltd

Key Findings of the Dosing Pumps Market:

o Based on pump type, the diaphragm pump segment emerged as the global leader by acquiring around 35% market share in 2018, and it is anticipated to be the largest market during the forecast period
o Based on application, the water and wastewater segment is the largest revenue generating segment in 2018 as Dosing Pumps deals with large fluid volume application
o Asia-Pacific is the major consumer of Dosing Pumps among other regions. It is accounted for around 40% of the global market share in 2018 as a result of robust industrialization and growing need for water treatment plants across the region.

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