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Peristaltic Pumps Market worth $3.0 billion in 2027 | Key players Verder Group (Netherlands), Prominent Group (Germany), Cole-Parmer Instrument Company LLC (US), Flowrox (Finland).

06-07-2024 03:09 PM CET | Chemicals & Materials

Press release from: MarketsandMarkets

Peristaltic Pumps Market, Peristaltic Pumps, APAC Peristaltic Pumps Market, Europe Peristaltic Pumps Market

Peristaltic Pumps Market, Peristaltic Pumps, APAC Peristaltic Pumps Market, Europe Peristaltic Pumps Market

According to recent market research the "Peristaltic Pumps Market by Type (Tube pumps or Hose pumps), Discharge capacity (Up to 30 psi, 30-50 psi, 50-100 psi, 100-200 psi and above 200 psi), End Use Application, & Region (North America, Europe, APAC, South America, MEA) - Forecast to 2027" Peristaltic pumps Market size is estimated to be USD 2.1 billion in 2022 and is projected to reach USD 3.0 billion in 2027, at a CAGR of 6.8%. The main forces behind the growth of the peristaltic pump market are the expansions in the pharmaceutical production globally, increasing investments for water and wastewater facilities and stringent regulations on wastewater treatment. Raw material price fluctuations and the availability of low-cost alternatives are market restraints. Increasing demand for digital pumping solutions is a major opportunity in the peristaltic pump market. The biggest difficulties that challenges are product differentiation, customization demands and price sensitivity.

Browse 468 market data Tables and 42 Figures spread through 331 Pages and in-depth TOC on "Peristaltic Pumps Market - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/peristaltic-pump-market-194304410.html

The market for peristaltic pumps is small but expanding. Peristaltic pumps are a class of positive displacement pumps mainly used to pump different types of liquids. The liquid is controlled in an elastic tube or hose, which is fixed inside a circular pump. The key difference between the tube pumps and the hose pumps is that peristaltic hose pumps may run under higher pressure than peristaltic tube pumps because the former is reinforced, whereas the latter is not. The pumps can be further categorized by different materials used for tube pumps and hose pumps. The tube pumps serve a wider sector of end use industries and hence have a larger market share.

The Peristaltic pumps market has been segmented based on the discharge capacity. The market is segmented as Up to 30 psi, 30-50 psi, 50-100 psi, 100-200 psi and above 200 psi. The tube pumps generally operate at discharge capacity less than 100 psi. The hose pumps have a discharge capacity of more than 100 psi. Vending machines and dishwashers, and the pharmaceutical & medical industry use peristaltic tube pumps with discharge capacities of up to 30 psi. For high discharge capacity, the market is driven by the food & beverage, water & wastewater treatment, mining, chemical processing, and pulp & paper industries. The pharmaceutical & medical end-use industry is the major driver of the demand for peristaltic pumps with a discharge capacity of up to 30 psi.

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The largest market for Peristaltic pumps is anticipated to be in APAC over the projected period. India, China, Japan, and Indonesia are the main contributors in the same. The growth is led by rapid increasing demand for peristaltic pumps from various industries, including pharmaceutical & medical, water & wastewater treatment, food & beverage etc. The growth in pharmaceutical sector in India and China is a major reason for the increase in demand of the peristaltic pumps.

The major players are Watson-Marlow fluid technology group (UK), Verder Group (Netherlands), Prominent Group (Germany), Cole-Parmer Instrument Company LLC (US), Flowrox (Finland) and others are covered in the Peristaltic pump market. Expansion, mergers, joint ventures, and the development of novel products are the primary strategies employed by the leading players to build the Peristaltic pump market.

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Watson-Marlow Fluid Technology Group (UK) manufactures pumps and fluid path technologies. The company portfolio includes products like radial diaphragm tank bottom valves, engineered pumps, single-use fluid paths, chemical pumps, disposable filling systems, food-grade hoses, gearboxes, peristaltic liquid fillers, and sinusoidal pumps. The company provides peristaltic pumps, tube pumps, liquid filling pumps, OEM pumps, hose pumps, sine pumps, laboratory tube pumps, and process pumps, among others. The organization has operations in North America, South America, Asia Pacific, Europe, and the Middle East & Africa.

Verder Group (Netherlands) is a global pump manufacturing and scientific equipment company. The company offers advanced pumping solutions as well as cutting-edge analytical equipment worldwide. Verder Liquids, a business division of the company manufactures and sells peristaltic pumps, positive displacement pumps, and other products. In 27 countries globally, the company has 11 Verder House Brands and over 50 Verder-affiliated offices.

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