Tue. Dec 7th, 2021

Growth of the pharmaceutical industry and expansion of manufacturing sector is expected to drive the demand for global metering pump market in forecast period.

According to TechSci Research report, “Global Metering Pump Market By Type (Diaphragm, Piston, Peristaltic), By Application (Water & Wastewater Treatment, Oil & Gas, Chemicals & Petrochemicals, Pharmaceuticals, Food & Beverages, Others), By Company, By Region, Forecast & Opportunities, 2026”, global metering pump market is expected to witness steady growth for the next five years owing to surge in demand for metering pumps due to increase in significance of the water treatment and continuous release of wastewater from manufacturing plants into the water bodies without proper treatment. Strict government policies for proper water treatment before discharging is driving the market for the metering pumps. Integration of metering pumps with the wastewater treatment equipment enhances quality of the water by killing pathogens and maintain pH of the water. Expansion of the industrial sector to satisfy consumer need across the globe is fueling the market growth. Rise in disposable income among the middle-class families and increasing affordability for higher living standards is adding to the global metering pumps market growth. Growing number of desalination plants across the globe is bolstering the metering pumps market growth. Increase in demand for eco-friendly water treatment process is boosting the market growth for the metering pumps across the globe.

However, decreasing oil and gas prices and huge supply -demand gap may create hindrance in the growth of the global metering pump market.

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Global metering pump market is segmented into type, application, region, and company. Based on type, market is further divided into diaphragm, piston and peristaltic. Diaphragm segment is expected to hold major market share during the forecast period owing to its cost-effectiveness and higher efficiency. Diaphragm can handle fluid capacity and ensure higher accuracy thereby fostering the need for metering pumps worldwide. Also, demand from several end user industries comprising of petrochemical industries, oil & gas associated industries and water treatment is accelerating the demand for this segment. Based on application segment, market is categorised into water & wastewater treatment, oil & gas, chemicals & petrochemicals, pharmaceuticals, food & beverages, and others. Water & wastewater treatment is anticipated to dominate the metering pump market. Huge investments and initiatives taken by government of regions to enhance the water quality is the primary factor for the market growth. Water and wastewater treatment finds applications in water recycling projects, to provide alternative water supply, making of energy-efficient projects, among others.

Seepax Gmbh, SPX Flow Technology, Lewa GmbH, Milton Roy Company, IDEX Corporation, Seko S.P.A., Swelore Engineering Private Limited, Mcfarland-Tritan LLC, Watson-Marlow Fluid Technology Group, Dover Corporation are the leading players operating in global metering pump market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several metering pump manufacturers are coming up with their technologically advanced offerings.

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“Adoption of digital pumping solutions for water treatment process is fueling the market growth. Technological advancements for improving and upgrading existing infrastructure along with expansion of the oil and gas industry due to rising energy demand from across the globe is expected to propel the market growth till 2026”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Global Metering Pump Market By Type (Diaphragm, Piston, Peristaltic), By Application (Water & Wastewater Treatment, Oil & Gas, Chemicals & Petrochemicals, Pharmaceuticals, Food & Beverages, Others), By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of global metering pump market and provided statistics & information on market size, shares, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the of global metering pump market.

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