Press release
Peristaltic Pumps Market: Strong Growth Momentum, Key Industry Players, and Future Trends
Peristaltic Pumps Market Size
The Peristaltic Pumps market has grown significantly in recent years and is expected to continue its robust growth trajectory. The market size will grow from:
•$1.72 billion in 2024
•$1.84 billion in 2025 at a CAGR of 6.9%
Additionally, it is estimated to reach $2.62 billion in 2029 growing at a CAGR of 9.2%. The market growth is driven by factors such as growing demand for pharmaceutical products, emerging market growth, rapid industrialization, growth in manufacturing industries, and investments in water and wastewater treatment infrastructure.
What Is Catalysing The Peristaltic Pumps Market Growth?
The rising investments in water and wastewater treatment infrastructure is a major catalyst for the growth of the Peristaltic Pumps market. These pumps are crucial to handle viscous sludge with high solid concentration, particularly in wastewater treatment systems. EPA estimates suggest an investment requirement of about $655 billion in the next 20 years for water and wastewater infrastructure in the USA. Thus, the surge in infrastructure investments will drive the market for Peristaltic Pumps significantly.
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Who Are The Market Movers In The Peristaltic Pumps Sector?
Key players in the Peristaltic Pumps market include:
•Valmet Oyj
•IDEX Corporation
•Ingersoll Rand
•Spirax-Sarco Engineering plc
•Graco, Inc
•Cole-Parmer Instrument Company LLC
•Randolph Austin
•ProMinent GmbH
•Gilson Incorporated
•Wanner Engineering Inc.
What Are The Major Trends In The Peristaltic Pumps Market?
Major trends in the forecast period include:
•Advanced peristaltic filling pumps
•Touchscreen technology
•New product launches
•Advancement in technology
•Mergers and acquisitions
How Is The Global Peristaltic Pumps Market Segmented?
The market report includes the following segments:
1) By Type: Peristaltic Tube Pumps, Peristaltic Hose Pumps
2) By Product Type: Fixed Speed Pumps, Variable Speed Pumps
3) By Discharge Capacity: Up to 30 psi, 30-50 psi, 50-100 psi, 100-200 psi, Above 200 psi
4) By End-User: Pharmaceutical And Medical, Water And Wastewater Treatment, Food And Beverage, Chemical Processing, Mining, Pulp And Paper, Other End-Users
Which Region Is The Peristaltic Pumps' Market Leader?
Asia-Pacific was the largest region in the peristaltic pumps market in 2024. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Does The Peristaltic Pumps Global Market Report Cover?
- Market Size Analysis: Analyze the Peristaltic Pumps Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Peristaltic 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 Peristaltic Pumps Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Peristaltic Pumps Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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