Press release
Rising Demand for Safe Drinking Water Fuels Metering Pump Industry Growth
In addition, the stringent government regulations for the chemical sector, water treatment, and foreign direct investments in the manufacturing sector propel the metering pumps demand.
Under the type segment, the diaphragm category experiences the fastest growth in the metering pump industry, and it is projected to retain its dominance in the industry. It is ascribed to numerous benefits of these pumps compare to others.
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These pumps can handle flammable, abrasive, and corrosive liquids, and also pump higher-viscosity liquids. They are energy-efficient, and economic in the long run. Diaphragm metering pumps are categorized into polytetrafluoroethylene and metallic pumps. The PTFE segment captures a larger metering pump share, ascribed to the robustness and flexibility of the diaphragm material.
Under the end-user segment, water treatment captures the largest industry share. It is ascribed to the worldwide strict government regulations for safe drinking water. Such regulations result in a rise in water treatment projects to make them suitable for reuse. As there are a variety of chemicals used in wastewater treatment, metering pumps are used for measuring the right chemical dosages.
APAC holds the largest metering pump industry share. China and India capture the major regional pump industry share, ascribed to the industrial rise and population explosion, resulting in the growing requirement for freshwater. The presence of safe drinking water has become a major priority for governments in the region, more specifically in India, China, and Japan. It fuels the setting up of water treatment plants in the region and boosts the sales of the metering pumps.
The major trend witnessed in the industry is the rising popularity of energy-efficient metering pumps. Power consumption is a crucial factor for the wide installation of metering pumps. The energy-efficient pumps deliver longer functioning times in various applications and reduce the wastage of energy.
The high energy efficiency of such systems facilitates energy savings and hence makes in economic in the longer run. The cost benefits of improved energy efficiency enhanced productivity, and low maintenance has resulted in the rising popularity of such models in the metering pump industry.
The stringent government regulations for water treatment are a major driver for the metering pump industry. Such pumps are utilized in water treatment plants for chemical additives delivery to the wastewater, to mitigate slurry, pollutants, and harmful microorganisms, and improve the water quality.
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The major players operating in the industry are Dover Corporation, SEKO S.p.A., LEWA GmbH, ProMinent GmbH, Blue-White Industries Ltd., SEEPEX GmbH, North Ridge Pumps Limited, Idex Corporation, Cole Parmer Instrument Company LLC, and Ingersoll Rand plc.
Therefore, the stringent government regulations, and rising demand for safe water consumption fuel the metering pump demand.
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