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Chemical Injection Pump Market Growth Fueled By The Expanding Oil And Gas Sector: A Significant Driver Propelling The Chemical Injection Pumps Market In 2025
The Chemical Injection Pumps Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Chemical Injection Pumps Market Size and Projected Growth Rate?
In the past few years, the market for chemical injection pumps has seen a significant surge. The market is projected to rise from $41.28 billion in 2024 to $45.05 billion in 2025, with a compound annual growth rate (CAGR) of 9.1%. The historic growth of this market can be linked to the implementation of high performance computing (HPC) servers, adoption of cutting-edge packaging technologies, rising demand for sophisticated electronic devices, increasing complexities of integrated circuits, and the use of intelligent gadgets.
Anticipations are high for robust expansion in the chemical injection pumps market size in the forthcoming years. It is projected to escalate to $60.1 billion by 2029, experiencing a compound annual growth rate (CAGR) of 7.5%. This growth within the prediction period can be credited to multiple factors such as the burgeoning demand for smartphones, power electronics, the escalating need for chiplets in power electronics, the upsurge in adoption of electric vehicles, and the growing mobile electronics sector. Key trends within this forecast duration encompass the evolution of 25d and 3d chiplet packaging, the implementation of 5g technology, 3d integration technology, technological advancements and a rise in mergers and acquisitions.
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What Are the Major Segments in the Chemical Injection Pumps Market?
The chemical injection pumps market covered in this report is segmented -
1) By Type: Diaphragm, Plunger Or Piston, Other Types
2) By Drive Type: Pneumatic, Electric, Hydraulic, Other Drive Types
3) By Application: Water Treatment, Oil And Gas, Agricultural, Chemical, Pharmaceutical, Pulp And Paper, Food And Beverage, Mining, Power Generation, Other Applications
4) By End-User: Industrial, Commercial, Residential
Subsegments:
1) By Diaphragm: Mechanically Operated Diaphragm Pumps, Electrically Operated Diaphragm Pumps
2) By Plunger Or Piston: Single-Acting Plunger Pumps, Double-Acting Plunger Pumps, Piston Pumps
3) By Other Types: Peristaltic Pumps, Gear Pumps, Screw Pumps
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What Are The Driving Chemical Injection Pumps Market Evolution?
The growth of the chemical injection pump market is predicted to be driven by the expansion of the oil and gas industry in the upcoming years. The oil and gas sector, a multifaceted sector comprising drilling, extraction, processing, transportation, and selling, employs chemical injection pumps. These pumps accurately distribute specific chemicals into the production system, with the aim of enhancing production, preventing deposits, reducing corrosion, and promoting process dependability. For example, as per the Energy Information Administration, a US-based authoritative statistics institution, the United States produced 0.6 million barrels of crude oil per day (b/d) in 2022, marking a 5.6% rise from 2021. Additionally, in December 2022, the production of dry natural gas in the United States skyrocketed, exceeding 100 billion cubic feet per day (Bcf/d) in October and November and breaching records set before the pandemic three years earlier. Consequently, the growth of the oil and gas industry is powering the development of the chemical injection pump market.
Which Firms Dominate The Chemical Injection Pumps Market Segments?
Major companies operating in the chemical injection pumps market report are Schlumberger Limited (SLB), Dover Corporation, Ingersoll Rand Inc., Grundfos, Idex Corporation, Graco Inc., SPX FLOW Inc., Proserv Group Inc., AxFlow Group, SEKO S.p.A., ProMinent Group, Lewa GmbH, Seepex GmbH, Verder Group, Aqua Industrial Group, Grosvenor Pumps Ltd., Plainsman Mfg. Inc., Norriseal-WellMark, SkoFlo Industries Inc., Milton Roy Company, Mc Farland Pump Co LLC, Bruin Instruments Corp., Madden Manufacturing Inc., SideWinder Pumps Inc., ITC Dosing Pumps, Swelore Engineering Pvt. Ltd., Greylor
What Trends Are Driving Growth in The Chemical Injection Pumps Market?
Leading entities in the chemical injection pump market are turning their focus towards state-of-the-art creations like metering and dosing pumps which are designed to challenge the traditional technical propositions for chemical dosing in municipal and industrial pumping uses. Metering or dosing pumps are positive displacement mechanisms that are engineered to infuse precise quantities of a compound into different fluid flows or containers. An example of this is the September 2022 release of the Verderflex Ds500 by Verder Liquids BV, a Netherlands-based producer of chemical injection pumps. The Verderflex Ds500, a metering and dosing pump, was conceived to contest existing technical solutions. The purpose behind this innovation is to enhance accuracy and bring about financial savings for the final consumer by computing the Total Cost of Ownership (TCO), which encompasses initial expenses as well as lifetime operating costs. Through a streamlined flow, the Ds500 attains an accuracy of +/-1%. This variety of pump also features an exact flow rate from 0.1 to 500 ml/min and can withstand pressure up to 7 bar. Consequently, it achieves higher precision, a smoother flow and utilises a lesser amount of chemicals. It also has a 5000:1 turndown, which leads to reduced lifetime operational costs.
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Which Is The Largest Region In The Chemical Injection Pumps Market?
North America was the largest region in the chemical injection pumps market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chemical injection 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 Chemical Injection Pumps Market?
2. What is the CAGR expected in the Chemical Injection Pumps Market?
3. What Are the Key Innovations Transforming the Chemical Injection Pumps Industry?
4. Which Region Is Leading the Chemical Injection Pumps Market?
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