Soaring Demand Set to Propel Metering Pumps Market to $8.18 Billion by 2029

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What Is the Expected CAGR for the Metering Pumps Market Through 2025?
In recent times, there has been a steady increase in the market size of metering pumps. The market is projected to expand from $6.33 billion in 2024 to $6.59 billion in 2025, with a compound annual growth rate (CAGR) of 4.0%. Factors such as industrial progress, emphasis on efficiency, growth in chemical processing industries, need for accurate fluid control, and advancements in automation and control systems have contributed to the aforementioned growth during the historic period.

What's the Projected Size of the Global Metering Pumps Market by 2029?
The market size for metering pumps is anticipated to experience robust growth in the forthcoming years, expanding to a value of $8.18 billion in 2029 at a compounded annual growth rate (CAGR) of 5.6%. This growth during the projected period can be credited to factors such as industry digitization, an upturn in the chemical sector, a focus on pharmaceutical production, the adoption of IoT and remote supervision, and a shift to sustainable solutions. Some key trends for the forecasted period involve modularity and customization, enhanced connectivity and integration, emphasis on efficiency and precision, a transition towards environmentally friendly solutions, and the creation of compact and portable models.

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Top Growth Drivers in the Metering Pumps Industry: What's Accelerating the Market?
The growth of the metering pumps market is predicted to be driven by the increasing need for sustainable water sources across multiple industries in the forthcoming years. A reliable water supply is defined as approaches that meet various human needs without depleting water reserves, negatively impacting local economies, or causing harmful, enduring damage to the ecosystem. Eco-friendly practices such as smart water metering can not only lead to significant economic savings, but also contribute to improving environmental health through reduced extraction from rivers, bays, and estuaries. A case in point is BASF, a chemical manufacturing giant based in Germany, which reported in February 2022 that it met 78.5% of its water demand, amounting to 1695 million cubic meters of water abstraction, through recycling. As a result, the rising emphasis on treating wastewater will indeed fuel the market demand for metering pumps.

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What Trends Will Shape the Metering Pumps Market Through 2029 and Beyond?
The metering pumps market is witnessing a rise in the trend of technological advancements. Market players are turning towards the use of integrated technologies and data interpretation to create enhanced and energy-efficient metering pumps. For instance, in May 2022, SEKO, an American chemical dosing pump production company, launched a device called KommBox. This device can be physically attached to compatible SEKO metering pumps, enabling them to connect to the internet and offering operators the ability to supervise and manage their process remotely. KommBox provides users with an in-depth overview of their costs, allows them to make programming adjustments, supervise system performance and chemical consumption in real-time, and examine previously accumulated data.

What Are the Main Segments in the Metering Pumps Market?
The metering pumpsmarket 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 Top Companies are Driving Growth in the Metering Pumps Market?
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 Will Dominate the Metering Pumps Market Through 2029?
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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