Press release
Top Trends Transforming the Metering Pumps Market Landscape in 2025: Revolutionizing Metering Pumps By Embracing Technological Advancements For Enhanced Efficiency And Remote Monitoring
Metering Pumps
What Will the Metering Pumps Industry Market Size Be by 2025?
The market for metering pumps has seen significant expansion in recent years. The market value is projected to rise from $6.33 billion in 2024 to $6.69 billion in 2025, representing a compound annual growth rate (CAGR) of 5.6%. The growth experienced in the past years can be linked to factors such as industrial progress, increased focus on efficiency, expansion of chemical processing industries, the need for precise fluid management, and the introduction of automation and control systems.
What's the Long-Term Growth Forecast for the Metering Pumps Market Size Through 2029?
The market size for metering pumps is predicted to witness substantial growth over the coming years, reaching a value of $8.48 billion by 2029, with a compound annual growth rate of 6.1%. Factors contributing to this growth within the forecast period include the digital transformation of industries, an upswing in the chemical industry, commitment to pharmaceutical manufacturing, the acceptance of IoT and remote surveillance, along with the transition toward sustainable solutions. The forecast period is set to see key trends such as modularity and personalization, heightened connectivity and integration, concentration on accuracy and efficiency, the shift toward environmentally-friendly solutions, and the creation of compact and portable models.
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What Are the Key Growth Drivers Fueling the Metering Pumps Market Expansion?
The growth of the metering pumps market is set to be fuelled by the escalating demand for a reliable water supply in multiple sectors over the predicted period. Meeting this sustainable water demand involves the identification of reliable, robust solutions that cater to various human water needs without depleting water resources, negatively impacting the local economy, or causing long-term environmental harm. The introduction of water-saving strategies through smart water metering could help save costs and reduce water diversions from rivers, bays, and estuaries, thus contributing positively to environmental health. For instance, BASF, a chemical producer from Germany, announced in February 2022 that it managed to cover 78.5% of their water demand, amounting to 1695 million cubic meters, through reused water. This growing emphasis on wastewater treatment is, therefore, anticipated to stimulate the need for metering pumps.
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What Are the Key Trends Driving Metering Pumps Market Growth?
The advancement of technology is a prominent trend that is becoming increasingly popular in the metering pumps market. Market players are concentrating on utilizing connected technologies and data analysis to create more efficient and higher-performing metering pumps. For example, in May 2022, SEKO, an American chemical dosing pump producer, introduced KommBox. This device physically connects to compatible SEKO metering pumps, enabling them to link to the internet. This provides operators with the ability to supervise and control their processes remotely. KommBox provides a complete overview of users' costs, allows for programming changes, monitors system performance and chemical usage in real time, and facilitates the analysis of historical data.
How Is the Metering Pumps Market Segmented?
The metering pumps market covered in this report is segmented -
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
Subsegments:
1) By Diaphragm: Single Diaphragm Pumps, Double Diaphragm Pumps
2) By Piston Or Plunger: Single-acting Piston Pumps, Double-acting Piston Pumps
3) By Other Types: Peristaltic Pumps, Gear Pumps, Screw Pumps
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Which Companies Are Leading the Charge in Metering Pumps Market Innovation?
Major companies operating in the metering pumps market include 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, SPX 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
Which Regions Are Leading the Global Metering Pumps Market in Revenue?
North America was the largest region in the metering pumps market in 2024. Asia-Pacific is expected to be the fastest-growing region in the metering pumps market report during the forecast period. The regions covered in the metering pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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