Metering Pumps Market Huge Growth Opportunity by Trend 2019-2026: Flowrox, Graco Inc., Dover Corporation, IDEX Corporation, etc.

Market Size - USD 4.52 Billion in 2018, Market Growth - CAGR of 6.3%, Market Trends - The rising demand from the Asia Pacific region.

The global metering pumps market is forecast to reach USD 7.40 Billion by 2026, according to a new report by Reports and Data. The growing demand from end use industries, coupled with the rising industrialization and urbanization in emerging economies governs the growth of the market.

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Key participants include Flowrox, Graco Inc., Dover Corporation, IDEX Corporation, Grundfos, Lewa, Injection Technical Control Incorporation, Milton Roy, Mcfarland-Tritan LLC, SPX Flow Technology Norderstedt GmbH, Prominent, Seko S.P.A, Seepex GmbH, Verder Group, Swelore Engineering Private Limited, and Wanner Engineering, among others.

For this report, Reports and Data have segmented into the global Metering Pumps market on the basis of Pump Drive, product type, industry vertical, and region:
Pump Drive Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026)
Solenoid-Driven Metering Pumps
Motor-Driven Metering Pumps
Pneumatic Metering Pumps
Others

Product Type Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026)
Diaphragm Metering Pumps
Mechanically Deflected Diaphragm
Hydraulically Deflected Diaphragm
Plunger Metering Pumps
Peristaltic Pumps

Industry Vertical Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026)
Water Treatment
Petrochemicals
Oil and Gas
Chemical Processing
Pharmaceuticals
Food and Beverages
Others

Regional Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026)
North America
Europe
Asia Pacific
MEA
Latin America

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The surging demand for environment friendly waste-water treatment procedures will also contribute to the increasing demand for metering pumps in the coming years. The most common applications of metering pumps include water treatment, chemical, food processing, and other industries where well-defined flow rate is essential, when tasks such as the chemical treatment of water in boilers for use in cooling towers, or while working potable water. Other applications include operations such as for the blending of liquids in food processing plants, and to reduce frictional losses when moving oil or liquid natural gas in pipelines, and many others.

Further key findings from the report suggest

o Among the pump drives, the solenoid-driven pumps accounted for the largest market share of ~41% in the year 2018. Solenoid pumps are usually used in water treatment and chemical processing plants. Solenoid pumps are the simplest type of pumps because they have very few moving parts, due to which the drive is virtually wear-free. The pump requires no lubricated bearings or shafts; thus, lowering the maintenance and repair costs. They also provide outstanding continuous running characteristics.

o The peristaltic pumps are forecast to witness the highest CAGR of 7.1% during the forecast period. Peristaltic pumps limit the media to tubing to avoid contamination of the pump and fluid. Thus, the contamination-free properties of these pumps makes it particularly suitable for use in high purity applications, including the transfer or dosing of additives and chemicals in food, pharmaceutical, and semiconductor applications.

o The Asia Pacific region held the largest market share of ~29% in the year 2018 and is anticipated to witness the highest CAGR of 7.4% during the forecast period. One of the key factors contributing to the growth of the Asia Pacific market is the increase in infrastructural and industrial development. China, India, Japan, and other Asian countries are experiencing robust investments in infrastructure, which is expected to aid in increasing industrial output.

o The improving economic conditions in the Asia Pacific region is also expected to provide
Among the product type, the diaphragm metering pumps accounted for the largest market share of ~45% in the year 2018. Diaphragm pumps are one of the most versatile pumps. They have the ability to handle a wide range of viscosity, including caustic and abrasive. Since they operate on air, they are intrinsically safe and considered as explosion-proof when grounded properly and following local code. The pumps need no complicated controls, fittings, or motors to install and operate. Moreover, these require less maintenance and are relatively inexpensive.

The report emphasizes the following key questions
Q.1. What are the most lucrative and promising growth prospects for the market?
Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement?
Q.3. Which geographies are estimated to exhibit the highest growth and the underlying causes?
Q.4. Which factors are impacting the future of the market and what are the driving factors?
Q.5. What are the hurdles and challenges curtailing the industry's growth in the forecast period?

Browse the comprehensive TOC and data tables @ https://www.reportsanddata.com/report-detail/metering-pumps-market

In conclusion, the Metering Pumps Market report is a reliable source for accessing the Market data that will exponentially accelerate your business. The report provides the principal locale, economic scenarios with the item value, benefit, supply, limit, generation, request, Market development rate, and figure and so on. Besides, the report presents a new task SWOT analysis, speculation attainability investigation, and venture return investigation.

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