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Metering Pumps Market Trends 2019

The global metering pumps market is forecast to reach USD 7.40 Billion by 2026, according to a new report by Reports and Data.

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Metering Pumps Market Trends 2019

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  1. Metering Pumps Market To Reach USD 7.40 Billion By 2026

  2. Market Summary The growing demand from marine, machinery, and automotive industries are contributing to the growth of the market. Market Size – USD 4.52 Billion in 2018, Market Growth - CAGR of 6.3%, Market Trends – The rising demand from the Asia Pacific region. The global metering pumps market is forecast to reach USD 7.40 Billion by 2026, according to a new report by Reports and Data.

  3. Our Approach Our Approach Market Summary The growing demand from end use industries, coupled with the rising industrialization and urbanization in emerging economies governs the growth of the market. The surging demand for environment friendly waste- water treatment procedures will also contribute to the increasing demand for metering pumps in the coming years. The most common applications of metering pumps include water treatment, chemical, food processing, and other industries where well-defined flow rate is essential, when tasks such as the chemical treatment of water in boilers for use in cooling towers, or while working potable water. Other applications include operations such as for the blending of liquids in food processing plants, and to reduce frictional losses when moving oil or liquid natural gas in pipelines, and many others. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2076 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 pump requires no lubricated bearings or shafts; thus, lowering the maintenance and repair costs. They also provide outstanding continuous running characteristics.

  4. Our Approach Our Approach Market Summary • 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. • The Asia Pacific region held the largest market share of ~29% in the year 2018 and is anticipated to witness the highest CAGR of 7.4% 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. To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report- detail/metering-pumps-market

  5. Our Approach Our Approach Market Summary • Key participants include 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. The companies have adopted various strategies, including mergers, acquisitions, and partnerships to hold ongoing trails and come up with new developments in the market. 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 (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026) • Solenoid-Driven Metering Pumps • Motor-Driven Metering Pumps • Pneumatic Metering Pumps • Others Product Type Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026) • Diaphragm Metering Pumps • Mechanically Deflected Diaphragm • Hydraulically Deflected Diaphragm • Plunger Metering Pumps • Peristaltic Pumps

  6. Our Approach Our Approach 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 • Others Order Now: https://www.reportsanddata.com/checkout-form/2076 Regional Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2016-2026) • North America • Europe • Asia Pacific • MEA • Latin America

  7. About Us Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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