PUBLISHER: Grand View Research | PRODUCT CODE: 1405926
PUBLISHER: Grand View Research | PRODUCT CODE: 1405926
Metering Pump Market Size, Share & Trends Analysis Report By Type (Peristaltic Pumps, Diaphragm Pumps), By End-Use (Pharmaceutical, Oil & Gas, Chemical), By Region, And Segment Forecasts, 2024 - 2030
Metering Pump Market Growth & Trends:
The global metering pump market size is anticipated to reach USD 8.9 billion by 2030, projected to grow at a CAGR of 4.9% from 2024 to 2030, according to a new report by Grand View Research, Inc. The market is expected to rise as a result of technological advancements and expanding end-use industries like chemical, pharmaceutical, and water & wastewater treatment. The market for metering pumps is also expected to be driven by the increased emphasis on process improvement and the growing requirement for precise chemical dosing across sectors for high-quality manufacturing.
Metering pumps move a predefined, exact amount of fluid from one location to another in a predetermined amount of time. They are made to accomplish a steady fluid flow rate, which is frequently needed in applications where accurate dosage is essential. They are employed in commercial and industrial settings for the transmission of gases and liquids.
One of the main reasons driving up demand for metering pumps in the U.S. is the expansion of the water & wastewater treatment sector. In the water & wastewater treatment industries, metering pumps play a major role in the accurate chemical dosing necessary to purify water by eliminating pollutants, bacteria, and hazardous substances. Furthermore, the U.S. market for metering pumps is anticipated to rise significantly over the projected period due to the development of chemical processing sectors like petrochemicals and food processing industries.
Important market participants are creating more carbon footprint-light and energy-efficient pumps to meet these demands. Variable frequency driver (VFD) is a feature of these recently developed pumps that allow for improved flow and pump speed control. Furthermore, recently introduced metering pumps include a digital control system and are integrated with the Industrial Internet of Things (IIoT) to improve their efficacy.
The metering pump industry is fragmented and fiercely competitive, with many companies possessing knowledge of advanced research and product design. Key players operating in a global market are concentrating their efforts on investing in diaphragm pump R&D projects to maintain their market share. Such investments and efforts are expected to positively impact the market growth.
Metering Pump Market Report Highlights:
- Based on type, The diaphragm pump segment held the largest revenue share of 55.5% in 2023 and is projected to grow with the fastest CAGR over a forecast period owing to their ability to handle highly viscous and corrosive fluids and heterogeneous fluids with the presence of suspended impurities
- In terms of end-use, the water & wastewater segment held the largest revenue share of 23.1% in 2023 owing to the need for accurate dosing of chemicals to remove water impurities, microorganisms, and contaminants. They are also used to improve the safety rating and quality of potable water
- The chemical segment is expected to grow at the fastest CAGR of 5.8% due to its ability to handle a wide range of chemicals with different pH levels. Further, these pumps maintain precise control over fluid discharge rates and operate reliably under various thermal & pressure conditions
- The Asia Pacific region held the largest revenue share of 41.4% in 2023, owing to high demand in water & wastewater treatment, chemical, and food processing industries
- The Middle East and Africa region is anticipated to grow at the second fastest CAGR of 5.4% over the forecast period, owing to the rising water treatment facilities and oil production in expanding oil & gas exploration and refining facilities
- In June 2023, Verder Group launched a double diaphragm pump for handling hygienic applications. It is designed to cater to the unique needs of the cosmetics, dairy, food, beverage, and pharmaceutical sectors. It is Electro-polished SS 316L and offers exceptional cleanability
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Metering Pump Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Market Segmentation & Scope
- 3.3. Penetration & Growth Prospect Mapping
- 3.4. Industry Value Chain Analysis
- 3.5. Vendor Matrix
- 3.6. Regulatory Framework
- 3.7. Metering pump market - Market dynamics
- 3.7.1. Market Driver Analysis
- 3.7.2. Market Restraint Analysis
- 3.7.3. Market Opportunity Analysis
- 3.7.4. Market Challenges Analysis
- 3.8. End-use Analysis Tools: Metering Pump Market
- 3.8.1. Porter's Analysis
- 3.8.2. Macroeconomic Analysis
- 3.9. Economic Mega-Trend Analysis
Chapter 4. Metering Pump Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2023 & 2030
- 4.1.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.2. Peristaltic Pumps
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Diaphragm Pumps
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. Piston/Plunger Pumps
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.5. Others
- 4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Metering Pump Market: End-use Estimates & Trend Analysis
- 5.1. End-use Movement Analysis & Market Share, 2023 & 2030
- 5.1.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.2. Pharmaceutical
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Water & Wastewater
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Food & Beverage
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5. Oil & Gas
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.6. Chemical
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.7. Others
- 5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Metering Pump Market: Regional Estimates & Trend Analysis
- 6.1. Regional Movement Analysis & Market Share, 2023 & 2030
- 6.2. North America
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.2. Germany
- 6.3.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.3. UK
- 6.3.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4.5. Australia
- 6.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5. Central & South America
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5.3. Argentina
- 6.5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6. Middle East & Africa
- 6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.2. UAE
- 6.6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.6.3. Saudi Arabia
- 6.6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Metering Pump Market - Competitive Analysis
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Key Company/Competition Categorization
- 7.3. Participant's Overview
- 7.4. Financial Overview
- 7.5. Product Benchmarking
- 7.6. Company Market Positioning
- 7.7. Competitive Dashboard Analysis
- 7.8. Company Market Share Analysis, 2023
- 7.9. Company Heat Map Analysis
- 7.10. Strategy Mapping
- 7.10.1. Expansions
- 7.10.2. Mergers & acquisitions
- 7.10.3. Partnerships/collaborations
- 7.10.4. Product launches
Chapter 8. Company Profiles
- 8.1. IDEX Corporation
- 8.2. Ingersoll Rand
- 8.3. Dover Corporation
- 8.4. ProMinent
- 8.5. Grundfos Holding A/S
- 8.6. SEKO S.P.A.
- 8.7. Milton Roy Company
- 8.8. SPX Flow Technology Norderstedt GmbH
- 8.9. Verder Group
- 8.10. Yamada Corporation
- 8.11. LEWA GmbH
- 8.12. Moyno Inc.
- 8.13. Nikkiso Co., Ltd.
- 8.14. Swelore Engineering Pvt. Ltd.
- 8.15. Wanner Engineering, Inc.
List of Tables
- Table 1 Metering pump market estimates and forecasts, by type, 2018 - 2030 (USD Million)
- Table 2 Metering pump market estimates and forecasts, by end-use, 2018 - 2030 (USD Million)
- Table 3 Metering pump market estimates and forecasts, by region, 2018 - 2030 (USD Million)
- Table 4 Recent developments & impact analysis, by key market participants
- Table 5 U.S. macroeconomic outlook
- Table 6 Canada macroeconomic outlook
- Table 7 Mexico macroeconomic outlook
- Table 8 Germany macroeconomic outlook
- Table 9 UK macroeconomic outlook
- Table 10 France macroeconomic outlook
- Table 11 Italy macroeconomic outlook
- Table 12 China macroeconomic outlook
- Table 13 India macroeconomic outlook
- Table 14 Japan macroeconomic outlook
- Table 15 Australia macroeconomic outlook
- Table 16 Brazil macroeconomic outlook
- Table 17 Argentina macroeconomic outlook
- Table 18 UAE macroeconomic outlook
- Table 19 Saudi Arabia macroeconomic outlook
- Table 20 Company market share, 2023
- Table 21 Company heat map analysis, 2023
List of Figures
- Fig. 1 Information Procurement
- Fig. 2 Primary Research Pattern
- Fig. 3 Primary Research Process
- Fig. 4 Market Research Approaches - Bottom-up Approach
- Fig. 5 Market Research Approaches - Top-down Approach
- Fig. 6 Market Research Approaches - Combined Approach
- Fig. 7 Market Outlook
- Fig. 8 Segmental Outlook
- Fig. 9 Competitive Insights
- Fig. 10 Market Segmentation & Scope
- Fig. 11 Penetration and Growth Prospect Mapping
- Fig. 12 Industry Value Chain Analysis
- Fig. 13 Market Driver Analysis
- Fig. 14 Market Restraint Analysis
- Fig. 15 Metering Pump Market: Type Movement Analysis, 2023 & 2030
- Fig. 16 Metering Pump Market: End-Use Movement Analysis, 2023 & 2030
- Fig. 17 Metering Pump Market: Regional Movement Analysis, 2023 & 2030
- Fig. 18 Key Company/Competition Categorization
- Fig. 19 Competitive Dashboard Analysis
- Fig. 20 Market Position Analysis
