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The global metering pumps market is forecast to reach USD 7.40 Billion by 2026, according to a new report by Reports and Data. Metering pumps are required in many industries, including water & waste treatment, pharmaceuticals, food and beverage production, chemical processing, power generation, petrochemicals, and oil & gas extraction.
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Market Size – USD 4.52 Billion in 2018, Market Growth - CAGR of 6.3%, Market Trends – The rising demand from the Asia Pacific region. Market Summary The global metering pumps market is forecast to reach USD 7.40 Billion by 2026, according to a new report by Reports and Data. The growing demand from end use industries, coupled with the rising industrialization and urbanization in emerging economies governs the growth of the market. • Further key findings from the report suggest • Among the pump drives, the solenoid-driven pumps accounted for the largest market share of ~41% in the year 2018. Solenoid pumps are usually used in water treatment and chemical processing plants. Solenoid pumps are the simplest type of pumps because they have very few moving parts, due to which the drive is virtually wear-free. • The peristaltic pumps are forecast to witness the highest CAGR of 7.1% during the forecast period. Peristaltic pumps limit the media to tubing to avoid contamination of the pump and fluid. Thus, the contamination-free properties of these pumps makes it particularly suitable for use in high purity applications, including the transfer or dosing of additives and chemicals in food, pharmaceutical, and semiconductor applications. www.reportsanddata.com
Market Summary Key Players: Flowrox, Graco Inc., Dover Corporation, IDEX Corporation, Grundfos, Lewa, Injection Technical Control Incorporation, Milton Roy, Mcfarland-Tritan LLC, SPX Flow Technology Norderstedt GmbH, Prominent, Seko S.P.A, Seepex GmbH, Verder Group, Segmentation: Pump Drive Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026) Solenoid-Driven Metering Pumps Motor-Driven Metering Pumps Pneumatic Metering Pumps Product Type Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026) Diaphragm Metering Pumps Plunger Metering Pumps Peristaltic Pumps To look at the PDF Sample Report and get 30 minutes of a free consultation @https://www.reportsanddata.com/sample-enquiry-form/2076 www.reportsanddata.com
Market Summary Industry Vertical Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026) Water Treatment Petrochemicals Oil and Gas Chemical Processing Pharmaceuticals Food and Beverages Regional Outlook for Animal Health Market analyses the following geographies: North America (United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa) Grab Your Report at an Impressive Discount! Please Click Here : @https://www.reportsanddata.com/discount-enquiry-form/2076 www.reportsanddata.com
The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com
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