Metering Pump Market to grow at a Significant Rate through 2026
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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