Dosing Pumps Market Competitive Research And Precise Outlook 2019 To 2025
The waste & wastewater treatment segment to dominate the market-
Based on application, the water & wastewater treatment segment held the largest share in 2018, garnering more than one-third of the global dosing pumps market. Water & wastewater management in industries such as pharmaceuticals, chemicals, and others, which consist of contaminants such as hydrocarbons, phosphate, heavy metals, membrane cleaners, antioxidant, and others. There is need to remove such contaminants from wastewater wherein the dosing system is a preferred solution.
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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.
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.
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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 the 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.
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
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