Chemical Injection Pumps Market Expansion Outlook: $58.09 Billion in 2029

Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.

What Is the Projected CAGR for the Chemical Injection Pumps Market from 2024 to 2025?
In the past few years, the market size for chemical injection pumps has seen substantial growth. It is projected to increase from $41.28 billion in 2024 to $44.33 billion in 2025, registering a compound annual growth rate (CAGR) of 7.4%. The notable growth during the historical period can be traced back to factors such as the implementation of high performance computing (HPC) servers, the take-up of innovative packaging technologies, the growing demand for high-tech electronic devices, the rising complexity of integrated circuits (ICs), and an increase in the usage of smart gadgets.

What are the Expected Market Size and CAGR for Chemical Injection Pumps by 2029?
The market for chemical injection pumps is predicted to experience considerable growth in the upcoming years, expanding to $58.09 billion by 2029 with a compound annual growth rate (CAGR) of 7.0%. This expected growth during the forecast period is principally due to factors such as augmented smartphone usage, a surge in demand for power electronics and chiplets within said power electronics, a growth in electric vehicles adoption, and increasing mobile electronics. Key trends to watch during this period include advancements in 25d and 3d chiplet packaging, the implementation of 5g technology, 3d integration technology, technological enhancements, as well as increasing instances of mergers and acquisitions.

Explore The Complete Report Now:
https://www.thebusinessresearchcompany.com/report/chemical-injection-pumps-global-market-report

Which Factors Are Driving the Global Chemical Injection Pumps Market Expansion?
Projected growth in the oil and gas sector is set to fuel the expansion of the chemical injection pump market in the future. The multifaceted oil and gas industry spans operations such as drilling, extraction, refining, transportation, and selling. Chemical injection pumps have a key role within this sector, accurately depositing specific chemicals into production systems with the intent to enhance production, prevent deposits, reduce corrosion rates, and increase the reliability of the process. As an illustration, in May 2023, data from the Energy Information Administration - a primary statistical institution of the US government - revealed that in 2022, the US produced 0.6 million barrels per day (b/d) of crude oil, showing a growth of 5.6% compared to 2021. Subsequently, in December 2022, the production of dry natural gas in the US saw a significant hike, exceeding 100 billion cubic feet per day (Bcf/d) in the months of October and November and breaking previous monthly production records set before the pandemic three years prior. Hence, the upscaling in the oil and gas sector is prompting the growth of the chemical injection pump market.

Get Free Sample Report Here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=13615&type=smp

Which Segment Currently Holds the Largest Share of 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

Which Major Trends Are Shaping the Future of the Chemical Injection Pumps Industry?
Key players in the chemical injection pump market are zeroing in on state-of-the-art products like metering and dosing pumps to innovate on traditional technologic solutions used for chemical dosing in city and industrial pump applications. Metering or dosing pumps serve as precise displacement mechanisms designed to accurately inject specific volume of a material into other fluid streams or containers. For example, Verder Liquids BV, a Dutch manufacturer of chemical injection pumps, introduced the Verderflex Ds500 in September 2022. This metering and dosing pump was developed to outsmart existing technical solutions. The aim of this innovation is to elevate precision while reducing costs for the consumer, by taking into account the Total Cost of Ownership (TCO), which comprises the initial costs along with lifetime operational expenses. The Ds500 is capable of achieving an accuracy of +/-1% through a smooth flow. Additionally, this style of pump guarantees an exact flow rate ranging from 0.1 to 500 ml/min, and can withstand a pressure of up to 7 bar. This leads to enhanced accuracy and silky flow. The pump uses less chemicals and features a 5000:1 turndown, consequently resulting in reduced long-term operational costs.

Customize Your Insights And Get The Full Report Here:
https://www.thebusinessresearchcompany.com/customise?id=13615&type=smp

Which Key Players Dominate the Chemical Injection Pumps Industry Globally?
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 Are the Fastest-Growing Regions 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.

Speak With Our Expert:
Saumya Sahay,
Americas: +1 310-496-7795,
Asia: +44 7882 955267 & +91 8897263534,
Europe: +44 7882 955267,
Email: saumyas@tbrc.info

The Business Research Company - www.thebusinessresearchcompany.com

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.