Global Metering Pump Market is valued at approximately USD 6.6 billion in 2022 and is anticipated to grow with a compounded annual growth rate of more than 4.40% over the forecast period 2022-2030. A metering Pump is a type of positive displacement pump that is required in industries such as food & beverages, pharmaceuticals, petrochemicals, and water treatment to pump the precise amount of fluid or chemical solution at a specific flow rate. Piston, diaphragm or other types of mechanisms are used to dispense the fluid in metering pumps. They are also used in medical applications such as dialysis machines, where a precise amount of fluid must be delivered to the patient. Furthermore, the continuous expansion of industries, increasing urbanization, and clean water requirements emerged to be the growth factors of the Global Metering Pump Market.
According to Statista, the degree of urbanization worldwide was at 57% in 2022 which states that the rapid increase in urbanization will bring growth to the global metering pump market. According to the United Nations (UN), 884 million people in the world do not have access to safe drinking water and 2.6 billion people lack access to basic sanitation which is around 40% of the total world population as per the resolution taken in 2010. Similarly, according to the industrialization index on Statista, South Africa had the highest industrialization index in Africa, with a score of 0.84 points in 2021. Conversely, the country with the lowest score was the Gambia with 0.35 points. The industrialization index is a measure of the level of industrial development in a country, overall, the global metering pump market has a very huge scope of growth. However, the high maintenance cost of metering pumps and the integration of these pumps into the existing industries may interrupt the growth of the market. Moreover, rapidly growing industrialization and safe & clean water requirement emerge as to be the growth opportunities for the Global Metering Pump Market.
The key regions considered for the Global Metering Pump Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific region is dominating the market with its large market share, owing to the factors such as a rapidly growing population, increment in industrialization, and so on., the metering pumps are being widely used in many industrial processes such as extraction of oil & gas, dialysis of patients, water treatment and many more in this region. Europe region emerges to be the fastest growing market for the metering pump as the demand for clean water keeps on rising with the continuous increment in the overall population.
Major market players included in this report are:
LEWA Fluid Technology Co. Ltd.
Ingersoll Rand Inc.
SEKO Worldwide LLC
Watson-Marlow Fluid Technology Solutions
Swelore Engineering Private Limited
Recent Developments in the Market:
Ø In September 2022, Verder Group announced the release of the Verderflex Ds500 which is designed specifically to challenge the traditional solutions to chemical dosing in municipal and industrial pumping applications.
Ø In September 2021, to enhance the chemical metering pump series, Watson Marlow Fluid Technology Group introduced the Qdos chemical metering pump series. The Qdos series features four configurable outputs, which can help users to eliminate the requirement for additional programmable logic controllers (PLCs) and enabled increased flexibility when interacting with supervisory control and data acquisition (SCADA) systems or other external monitoring system.
Global Metering Pump Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, End User Industry, Pump Drive, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Others (Peristaltic and Syringe)
By End User Industry:
Food & Beverages
Pulp & Paper
Other (Mining, Agriculture, Construction)
By Pump Drive:
Other (Peristaltic and Other)
Middle East & Africa
Rest of Middle East & Africa