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Peristaltic Pumps Market Size Projected To Reach $2.62 Billion By 2034 With A Cagr Of 9.2%
Peristaltic Pumps
What Is the Projected Growth of the Peristaltic Pumps Market?
Over the past few years, the market size of peristaltic pumps has seen significant growth. It is projected to increase from $1.72 billion in 2024 to $1.84 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. The growth in this historic period can be traced back to the increased demand for pharmaceutical products and the expansion of emerging markets.
We predict a robust expansion of the peristaltic pumps industry in the forthcoming years, reaching a level of $2.62 billion in 2029, exhibiting a compound annual growth rate (CAGR) of 9.2%. This projected ascent during this period can be linked to speedy industrial development, expansion within manufacturing sectors, and escalated investments in water and wastewater treatment architecture. During this forecast period, influential trends such as cutting-edge peristaltic filling pumps, touchscreen technological upgrades, introduction of new products, technological advancements, and business consolidations and acquisitions are anticipated.
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What Are the Different Peristaltic Pumps Market Segments?
The peristaltic pumps market covered in this report is segmented -
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
Subsegments:
1) By Peristaltic Tube Pumps: Single-Channel Tube Pumps, Multi-Channel Tube Pumps, High-Pressure Tube Pumps
2) By Peristaltic Hose Pumps: Industrial Hose Pumps, Sanitary Hose Pumps, High-Flow Hose Pumps
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What Are the Primary Drivers Shaping the Peristaltic Pumps Market?
The growth of the peristaltic pumps market will be bolstered by the surge in investments in water and wastewater treatment infrastructure during the forecast period. Peristaltic pumps play a critical role in wastewater treatment arrangements by aiding in the manipulation of viscous sludge that carries a high concentration of solids. The US Environmental Protection Agency (EPA) predicts that around $655 billion will be required for investment in water and wastewater infrastructure in the USA over the upcoming two decades. In an initiative launched in August 2022, the US Environmental Protection Agency in collaboration with the US Department of Agriculture, initiated a pioneering project to support wastewater infrastructure and cater to sanitation needs in the country's rural sectors which are not being met presently. Thus, the upsurge in investment for water and wastewater treatment infrastructure will significantly contribute to the development of the peristaltic pumps market.
Which Companies Are Leading in the Peristaltic Pumps Market?
Major companies operating 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., Varco Group, Apex Pumps, Optima Instruments, Flowtech, Global Pumps, Kelair Pumps Australia, Jieheng Peristaltic Pumps Co. Ltd, Ravel Hiteks Pvt Ltd, Ostech Fluid Technologies, Lefoo industrial Co. Ltd, IATEC, Lead Fluid Technology Co. Ltd., Watson-Marlow Fluid Technology Group, Tapflo UK, Verder Group, Heidolph Instruments, Albin Pumps, WELCO Co Ltd., Verderflex Peristaltic Pumps, Royal Eijkelkamp, Orientflex Peristaltic Pump
What Trends Are Expected to Dominate the Peristaltic Pumps Market in the Next 5 Years?
The unveiling of state-of-the-art peristaltic pumps, created to amplify fluid management solutions in a variety of sectors, is a significant trend. These pumps make use of peristalsis, where rollers are used to compress flexible tubes, facilitating the movement of fluids without the risk of contamination. Illustratively, Cole-Parmer, a US laboratory equipment and supplies firm collaborated with UK's Watson-Marlow, a top manufacturer of peristaltic pumps, in June 2024. This marked their first joint venture to launch a novel range of peristaltic pumps. The objective of this collaboration is to enrich Cole-Parmer's suite of fluid management solutions in laboratory, pharmaceutical, and industrial sectors. The innovative pumps being introduced include the 100 Series (models 120S and 120U) and the 300 Series (models 323S and 323Du).
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What Are the Top Revenue-Generating Geographies in the Peristaltic Pumps Market?
Asia-Pacific was the largest region in the peristaltic pumps market in 2024. The regions covered in the peristaltic pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Peristaltic Pumps Market?
2. What is the CAGR expected in the Peristaltic Pumps Market?
3. What Are the Key Innovations Transforming the Peristaltic Pumps Industry?
4. Which Region Is Leading the Peristaltic Pumps Market?
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