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Rapidly Expanding Metering Pumps Market: Key Trends, Driving Forces, and Detailed Forecast for 2025-2029
Decoding the Projected Growth and Market Size of the Global Metering Pumps Market• The metering pumps market has been growing steadily. It was valued at $6.33 billion in 2024 and is expected to reach $6.69 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.6%.
• The market is expected to experience a significant growth rate in the coming years, reaching a value of $8.48 billion by 2029 with a CAGR of 6.1% between 2025 and 2029.
• Industrial advancements, such as automation and control systems, and the rise in chemical processing industries have been the primary drivers of market growth in the past.
• Key trends influencing the forecast period include industry digitization, IoT adoption, and the shift towards sustainable solutions.
What is Fueling the Growth in the Metering Pumps Market?
The increasing need for reliable and sustainable water supply across various industries is expected to drive growth in the metering pumps market. Emphasizing efficient water use through smart water metering techniques not only saves cost but augments environmental health by reducing water extraction from rivers, bays, and estuaries. For example, in 2022, BASF, a German chemical company, stated that reused water accounted for 78.5% of their total water demand, reinforcing the significance of wastewater treatment in magnifying the demand for metering pumps.
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Which Key Players are Spearheading the Metering Pumps Market Growth?
The following companies have been instrumental in driving the growth of the metering pumps market:
• LEWA GmbH
• Ingersoll Rand
• Dover Corporation
• ProMinent GmbH
• Grundfos Pumps Corporation
• SEKO S.p.A.
• Watson-Marlow Fluid Technology Group
• Blue-White Industries Ltd.
• SEEPEX GmbH
• Swelore Engineering Private Limited
• Cole-Parmer Instrument Company LLC
• AxFlow Holding AB
• Milton Roy Company
• SSPX Flow Technology Norderstedt GmbH
• Verder Group
• Ecolab Engineering GmbH
• Nikkiso Co. Ltd.
• Erich NETZSCH GmbH & Co. Holding KG
• Neptune Chemical Pump Company
• Lutz -JESCO Corp.
• Graco Inc.
• Flowrox Oy
• Pulsafeeder Inc.
• Tohkemy Corporation
What Emerging Trends are Observed in the Metering Pumps Market?
The metering pumps market will be shaped by several emerging trends in the forecast period, such as:
• Modularity and customization
• Increased connectivity and integration
• Emphasis on precision and efficiency
• Transition towards eco-friendly solutions
• Development of compact and portable models
What are the Major Segments of the Global Metering Pumps Market?
The metering pumps market can be segmented as following:
1) By Type: Diaphragm, Piston or Plunger, Other Types
2) By Sales: Direct, Distribution Channel
3) By End-Use Industry: Water Treatment, Petrochemicals and Oil and Gas, Automotive, Chemical Processing, Pharmaceuticals, Food and Beverage, Pulp and Paper, Textile, Other End-Use Industries
Which Region is Leading the Metering Pumps Market?
In 2024, North America held the largest share of the metering pumps market. However, Asia-Pacific is anticipated to be the fastest-growing region during the forecast period.
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What Is Covered In The Metering Pumps Market Global Market Report?
- Market Size Analysis: Analyze the Metering Pumps Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Metering Pumps Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Metering Pumps Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Metering Pumps Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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