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Global metering pumps market set to grow according to forecasts

Global metering pumps market set to grow according to forecasts

The Global Metering Pumps Market accounted for USD 3.75billion in 2016 and is projected to grow at a CAGR of 6.3% during the forecast period of 2017 to 2024.

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The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Metering Pumps Market, By Type (Diaphragm, Piston/Plunger, Other Pumps), By Application (Water Treatment, Petrochemicals, Oil & Gas, Chemical Processing, Pharmaceuticals, Food & Beverage, Pulp & Paper) – Industry Trends and Forecast to 2024

Market Definition: Global Metering Pumps Market

Metering pumps, also known as chemical dosing pumps or chemical injection pumps have been used over the years for their high level of accuracy in pumping a wide variety of liquids in a host of various industries. There is a growing demand for metering pumps in water treatment, petrochemicals, oil & gas, chemical processing, pharmaceuticals, food & beverage and pulp & paper activities, which is expected to be one of the major drivers of the market over the next seven years.

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Complete report on Global Metering Pumps Market Research Report 2017-2024 spread across 350 Pages, profiling Top companies and supports with tables and figures

Key Questions Answered in Global Metering Pumps Market Report:-

Our Report offers:-

  • What will the market growth rate, Overview and Analysis by Type of Global Metering Pumps Market  in 2024?
  • What are the key factors driving, Analysis by Applications and Countries G Global Metering Pumps Market?
  • What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Vendors Profiles of Global Metering Pumps Market?
  • Who are Opportunities, Risk and Driving Force of Global Metering Pumps Market?
  • Who are the opportunities and threats faced by the vendors in Global Metering Pumps Market? Business Overview by Type, Applications, Gross Margin and Market Share
  • What are the Global Metering Pumps Market opportunities, market risk and market overview of the Market?

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Top Key Players:

  • IDEX Corporation
  • Injection Technical Control Incorporation (Itc, S.L.)
  • Lewa GmbH
  • Mcfarland-Tritan LLC
  • Milton Roy Company
  • Prominent Dosiertechnik GmbH
  • Seko S.P.A.
  • Welore Engineering Private Limited
  • Seepex GmbH
  • SPX Flow Technology Norderstedt GmbH

Major market Drivers

  • Demand for metering pumps in the oil & gas industry
  • Growing need for water/wastewater treatment plants
  • Increasing demand for pharmaceutical products

Market Restraint:                                                

  • Maturity of North American and European markets
  • Lack of enough greenfield investments

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Customize report of "Global Metering Pumps Market" as per customers requirement also available.

Market Segmentations:

Global Metering Pumps Market is segmented on the basis of

  • Type
  • Application
  • Geography

Market Segmentations in Details:

on the basis of Type into diaphragm, piston/plunger, and other pumps.

On the basis of Application, the market is segmented into water treatment, petrochemicals, oil & gas, chemical processing, pharmaceuticals, food & beverage, and pulp & paper.

On the basis of geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Global Metering Pumps Market Company Share Analysis:

The global metering pumps market is consolidated with the presence of a limited number of players. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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