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Market Summary



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The Global Metering Pumps Market is projected to grow at a CAGR of 5.7% from USD 4.82 billion in 2019 to USD 7.57 billion in 2027. The growing demand for environmentally friendly waste-water treatment, along with the growing demand for diaphragm metering pumps, are the major factors driving the market demand. Low flow metering pump, peristaltic pump, chemical metering pump, high pressure metering pump diaphragm metering pump, piston metering pump, liquid metering pump are some of the widely demanded types of metering pumps that have been extensively creating the market enforcement.

Masterflex, Pulsafeeder, Wilden, LMI Pumps, Prominent Pump are a few models and barnds that offer some of the highest growing metering pumps in the industry.

These pumps are purposely designed to move fluids at highly precise flow rates over specific periods. The ability to deliver media with precision is called “metering”. Metering pumps commonly have the capability of customization to set, adjust, and program the flow rate via a touchpad, hand dial, or other forms of control. 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.

Diaphragm pumps make use of flexible membranes instead of a piston or plunger to move fluid. When the diaphragm expands, the volume of the pumping chamber is increased, and fluid is drawn into the pump. The diaphragm is compressed to decrease the volume and expel the fluid. The rising demand from the Asia Pacific region, owing to the growing industrial and infrastructural developments in the region, will also contribute to the market growth.

Product Type Outlook:



Among the product type, the diaphragm metering pumps accounted for the largest market share of ~45% in the year 2018. Diaphragm pumps are one of the most versatile pumps. They have the ability to handle a wide range of viscosity, including caustic and abrasive. Since they operate on air, they are intrinsically safe and considered as explosion-proof when grounded properly and following local code. The pumps need no complicated controls, fittings, or motors to install and operate. Moreover, these require less maintenance and are relatively inexpensive.

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.

Industry Verticals Outlook:



Among the industry verticals, the water treatment accounted for the largest market share of nearly 22% in the year 2018. The increasing demand for quality water for safe consumption or safe release to the environment will influence the growth of the water treatment industry. Pumps play a crucial role in water treatment. They help in the movement of water from one place to another, providing added pressure whenever needed to perform treatment functions. Pumps are generally used to inject water treatment chemicals, for the supply of compressed air, and to lead the treated water to its point of use.

Pump Drives Outlook:



Among the pump drives, the solenoid-driven pumps accounted for the largest market share of nearly 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 pump requires no lubricated bearings or shafts; thus, lowering the maintenance and repair costs. They also provide outstanding continuous running characteristics.

Regional Outlook:



The Asia Pacific region held the largest market share of nearly 29% in the year 2018 and is anticipated to witness the highest CAGR of 7.2% during the forecast period. One of the key factors contributing to the growth of the Asia Pacific market is the increase in infrastructural and industrial development. China, India, Japan, and other Asian countries are experiencing robust investments in infrastructure, which is expected to aid in increasing industrial output. The improving economic conditions in the Asia Pacific region is also expected to provide further opportunities for pump manufacturers, owing to the growing construction, automotive, and manufacturing industries in the coming years.

North America held the second-largest market share of nearly 24% in the year 2018, owing to the rising industrial activities. The flourishing oil & gas, water treatment, food and beverage, and chemical processing industries in the region, especially U.S. and Canada, will be a significant factor driving the market.

Europe is expected to witness a sustainable growth rate of 5.6% during the forecast period, owing to the growing investments in the construction and infrastructural activities, especially in Germany, the UK, and France. The rising awareness and innovations in wastewater treatment is also projected to boost the European market in the future.

Market-O-Nomics

The increasing importance of water automation, owing to which several companies, have been investing in automation for water treatment. This factor stimulates the use of solenoid pumps in the water treatment process.

A large variety of chemicals are used during water processing. These chemicals include sulfuric acid, ferric chloride, sodium bisulfite, lime, potassium permanganate, and ammonia, among others. These pumps prevent the contamination of these chemicals and pumps.

The need for purified water as an essential factor in the healthcare sector to ensure optimal patient care will influence the demand for metering pumps. Water is the major component in various applications, ranging from decontamination washers and analyzer equipment to foodservice and boiler rooms.

The food and beverages is forecast to witness the highest CAGR of 7.9% during the forecast period. Equipment used in the food and beverage industry needs to ensure sterile processes and satisfy the stringent requirements in terms of profitability and reliability. The pumps used in the food and beverage industry needs to meet the high hygiene standards. At the same time, the pumps ensure gentle handling of liquids and highly viscous fluids.

Companies considered and profiled in this market study

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, Swelore Engineering Private Limited, and Wanner Engineering, among others are leading players involved on the global Metering Pumps market.

In July 2019, Seko lanched a new metering pump, naming Nexa Memo pump, which would increases Seko’s Industrial Process line-ups. The pump was designed to cope with an extreme suction conditions & capable of working with a wide range of chemicals. The Nexa Memo Pump draws on many decades of experience in producing API 675 pumps.

Start-up Traction

The Metering Pumps Market industry poses significant amount of opportunities for small manufacturers and startups to come up with cost-effective solutions in manufacturing of Metering Pumps products. There is a continuous growth in demand from the end-users, which can encourage several startups to launch innovative products in this market.

Deals Landscape

Mergers and Acquisitions are an integral part of this industry. These mergers and acquisitions help us decide the strategic initiatives taken up by the leading players as well as growing companies dealing in this market, and have been included in this report.

In April 2020, Dover Corporation, announced the completion of the acquisition of Neptune Chemical Pump Company. The company Neptune is expected to become a part of Dover's newly formed Pump Solutions Group (PSG) in the Fluid Management business segment.

In April 2019, Ebara International Corp., a subsidiary of the Ebara Corp. has merged with the Elliot Group in the U.S. in order to develop cryogenic pumps, or cryo-pumps.

Expert Insights:



Reports and Data forecasts in the Metering Pumps industry having considered the interviews with some of most the prestigious personalities and experts in this market. According to the industry experts, Countries such as India, China, and Japan are increasing their investments in the wastewater treatment industry to reduce carbon emissions, which is also expected to augment the demand for the market in the coming years. Moreover, growing investments in the construction sector and Smart City projects in countries like China, India, and South Korea are further expected to boost the market in Asia Pacific during the forecast period.

Segments covered in the report:



This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2020 to 2027. The scope of the report can be defined as:

For this report, Reports and Data have segmented into the global Metering Pumps market on the basis of Pump Drive, product type, industry vertical, and region:

Pump Drive Outlook (Revenue: USD Billion; Volume: Thousands Units; 2017-2027)

Solenoid-Driven Metering Pumps

Motor-Driven Metering Pumps

Pneumatic Metering Pumps

Others

Product Type Outlook (Revenue: USD Billion; Volume: Thousands Units; 2017-2027)

Diaphragm Metering Pumps Mechanically Deflected Diaphragm Hydraulically Deflected Diaphragm

Plunger Metering Pumps

Peristaltic Pumps

Industry Vertical Outlook (Revenue: USD Billion; Volume: Thousands Units; 2017-2027)

Water Treatment

Petrochemicals

Oil and Gas

Chemical Processing

Pharmaceuticals

Food and Beverages

Others

Regional Outlook (Revenue: USD Billion; Volume: Thousands Units; 2017-2027)

North America U.S Canada

Europe Germany U.K France BENELUX Rest of Europe

Asia Pacific China India Japan Rest of APAC

MEA Saudi Arabia UAE Rest of MEA

Latin America Brazil Rest of LATAM

