Global Metering Pumps Market Size was valued nearly USD 4.2 billion by 2018 and is estimated to reach up to USD XX.XX billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6% during the forecast period, i.e. 2017-2025.

Global Metering Pumps Market Growth Opportunities (Revenue, Growth) By 2017-2025

Metering pumps are pumps that are taken into account for specific purposes. These pumps can move precise or regulated volumes of liquid in a provided time period and in a systematic manner to maintain volumetric flow. They are majorly employed to pump crucial substances such as chemicals, specific solutions, and other liquid substances.

Market Dynamics

In 2018, metering pumps market was valued approximately USD 4.2 billion. The metering pumps market is expected to expand at a CAGR of 6.2% over the forecast period, and the high growth of the market is attributed to high demand of metering pumps by various important industries such as petrochemicals, water treatment, oil & gas industry, chemical processing industry and others. Rising demand of sustainable and environment friendly water management and treatment is boosting the growth of metering pumps market. Furthermore, increased production of metering pumps due to the benefits offered by them such as high control over the amount of liquid that needs to be passed and time period is escalating the growth of the metering pumps market. Rising demand for options that consume less energy and has high performance is propelling the growth of metering pumps market across various industries. Launch of modified metering pumps to serve special purposes is also expected to propel the growth of metering pumps market over the forecast period.

Segment Analysis 

Among type, diaphragm segment is expected to hold the major market share and grow rapidly in the global metering pumps market owing to their increased utilization in injection of chemicals and dosing. Their wide use in injecting viscous fluids, oils, corrosive chemicals and others is expected to enhance their demand in the global metering pumps market over the forecast period.

Among end-use industry, food & beverages segment is expected to expand significantly over the forecast period, owing to escalation in demand of processed food across the globe, especially in developed regions. Rise in demand for conversion of agricultural and livestock products into human consumable food are also boosting the growth of metering pumps market. Furthermore, to prepare packaged foods certain chemicals and gases are used to keep them preserved for longer which in return is boosting the growth of metering pumps market.

Regional Analysis

Asia Pacific is expected to be leading the global metering pumps market, owing to rising awareness of consuming clean and fresh water and hence contributing in the growth of metering pumps market, that can effectively treat hard water rand can make it drinkable.

Global Metering Pumps Market Size, Share Analysis By Region 2017

Rising oil & gas as well as food & beverages industry in the region, due to rising population is also propelling the growth of metering pumps market over the forecast period. Furthermore, presence of local as well as global market players in the region that are actively manufacturing metering pumps of a huge variety to serve number of purposes are propelling the growth of the region in global metering pumps market. Middle East and Africa market gaining attraction of the investment for the companies for more scope in the regions and expected to rise healthy growth over the forecast period.    

Metering Pumps Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Metering Pumps Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in metering pumps market are included as primary sources of the supply side.

After performing comprehensive engineering of metering pumps market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Competitive Landscape

Major players performing in Metering Pumps market include LEWA, ProMinent, Watson-Marlow Fluid Technology Group, Verder Group, Grundfos, Milton Roy, Dover Corporation, SEKO, and IDEX Corporation.

Global Metering Pumps Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast.

The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.

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