Metering Pumps Market worth $8.2 billion by 2027 | Key players LEWA, IDEX Corporation, Dover Corporation, Ingersoll Rand, Grundfos.

According to recent market research the "Metering Pumps Market Type (Diaphragm, Piston/Plunger), End-Use Industry (Water Treatment, Petrochemicals, Pharmaceuticals, Oil & Gas, Food & Beverages, Automotive), Pump drive (Motor, Solenoid, Pneumatic) and Region - Global Forecast to 2027", size is projected to grow from USD 6.6 billion in 2022 to USD 8.2 billion by 2027, at a CAGR of 4.4% between 2022 and 2027. Manufacturing businesses are predicted to be impacted by the rising water stress. As a result, nations are creating strict restrictions to reduce water contamination. Several nations governments have enacted laws and rules requiring businesses to purify water before releasing it into bodies of water. Metering pumps are used in wastewater treatment to accurately dose various chemicals into the water to maintain pH levels and eradicate bacteria. These chemicals include chlorine and other chemical additions. As a result, metering pumps are becoming more and more necessary in water and wastewater treatment facilities. Positive effects are being seen on the demand for metering pumps from the rising demand for potable water across the world. Additionally, the chemical processing sectors broad use of the products for injecting acids, alkalis, solvents, alcohol, and delicate fluids is promoting market expansion.

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By type, the Diaphragm pump segment is estimated to lead the metering pumps market. The Diaphragm pumps are highly efficient and have good self-priming capabilities. Small, mechanically activated diaphragm pumps are also used as air compressors and as a source of low-grade vacuum. Diaphragm pumps are preferred over piston/plunger metering pumps as they are more economical and require less maintenance. These pumps give an upper hand over piston/plunger pumps by eliminating the issue of bubble formation.

The pharmaceutical segment is projected to grow at the highest CAGR of 6.6%, between 2022 and 2027. There is a surging demand for metering pumps, especially peristaltic pumps, in the pharmaceutical & medical industry for applications in ventilators and vial filling machining. The production of these medical equipment is mainly done in APAC, due to which the region saw a surge in demand for peristaltic pumps. Peristaltic pumps are mainly used in the pharmaceutical industry, especially in the formulation of pellet and tablet coating. They are used to provide precision pumping and dispensing solutions in this industry.

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APAC is projected to have the largest share in the global metering pumps market, in terms of both value and volume, from 2022 to 2027. The market in the region is expected to witness a growing demand from the oil & gas and chemical industries due to increasing investments for capacity addition. The growth of the APAC chemical sector is also creating opportunities for the metering pumps market. The growing textile, pulp & paper, and water treatment industries are also driving the metering pumps market in the region. In China, till January 2020, 10,113 wastewater treatment plants were operating at 98%; several plants are under construction and expected to complete in upcoming years. Therefore, the demand for diaphragm pumps is expected to increase in the coming years.

LEWA (Germany), IDEX Corporation (US), Dover Corporation (US), Ingersoll Rand (US), ProMinent (Germany), Grundfos (Denmark), and Watson-Marlow Fluid Technology Group (UK) are the key players active in the metering pumps market. Expansions, acquisitions, joint ventures, and new product developments are some of the major strategies adopted by these key players to enhance their positions in the metering pumps market.

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IDEX Corp. offers engineering services. Fluid and metering technologies, health and science technologies, and fire and safety or diverse products are the three segments through which it works. Displacement pumps, valves, flow meters, injectors, and fluid-handling pump modules and systems are all part of the Fluid and Metering Technologies segments product line. The design, manufacturing, and distribution of precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems for the beverage, food, pharmaceutical, and cosmetic industries, pneumatic components, and sealing solutions are all included in the Health and Science Technologies segment. The company's headquarters are in Northbrook, Illinois, and it was established on September 24, 1987.

ProMinent Gmbh is a partner for water treatment solutions and a producer of metering components and systems. Through cutting-edge products, a distinctive and thorough grasp of processes, and a strong application focus, ProMinent provides useful solutions for a range of sectors. With this, ProMinent serves its clients' needs for safety, effectiveness, and environmental preservation around the globe. Germanys Heidelberg serves as the company's headquarters. More than 2,700 workers work for around 50 of their own sales and service businesses, together with 11 manufacturing facilities, to offer customized solutions and services to business clients in about 100 different countries.

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