New York, NY, April 15, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Peristaltic Pumps Market by Type (Hose Pumps and Tube Pumps) and End-User (Water & Wastewater Treatment, Pharmaceuticals, Food & Beverages, Mining, Pulp & Paper, Chemical Processing, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global peristaltic pumps market was valued at USD 384 million in 2018 and is expected to reach USD 597 million by 2025, at a CAGR of 6.5% between 2019 and 2025.
A peristaltic pump is used for transportation or movement of liquids and fluids. Usually, there are two types of peristaltic pumps—tube pumps and hose pumps. These tubes and hoses are made up of different materials, such as fluoropolymers, vinyl, silicone, ethylene propylene diene monomer rubber, nitrile buna rubber, and natural rubber. These pumps are widely used across various industries, such as pharmaceuticals, food and beverages, water and wastewater treatment, mining, and chemical processing.
Browse through 71 Tables & 25 Figures spread over 110 Pages and in-depth TOC on “Global Peristaltic Pumps Market: By Industry Type, Size, Share, Segments, Growth, Analysis and Forecast, 2018–2025”.
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The global peristaltic pumps market is anticipated to grow significantly in the next few years, owing to the increasing awareness regarding saving maintenance costs and operational efficiency. The rising demand for peristaltic pumps in the pharmaceutical industry across the globe is expected to drive this market’s growth across the globe. Peristaltic pumps are widely used in processing botanical drugs and herbs, manufacturing biological and medicinal, pharmaceutical products, and isolating active medicinal principles. Moreover, the growing use of water and wastewater treatment is also another driving factor of the peristaltic pumps market. However, frequent replacement of tubes and hoses is likely to slow down this market’s growth in the upcoming years. Alternatively, product innovation to enhance the capacity of these pumps is further projected to offer new growth opportunities for the peristaltic pumps market in the years ahead.
The global peristaltic pumps market is classified based on type and end-user. Based on the type, the global peristaltic pumps market includes tube pumps and hose pumps. Tube pumps are expected to lead the global peristaltic pumps market in the future, as they are widely used to pump fluids containing suspensions of abrasive solids and corrosive liquids.
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Peristaltic tube pumps have dry and non-reinforced casings and usually use rollers to provide the forward displacement of liquid. Silicone rubber, fluoropolymer, and PVC are few major raw materials used to manufacture these pumps that make it highly suitable for food and beverage and pharmaceutical industries. By end-user, the market includes water and wastewater treatment, pharmaceuticals, food and beverages, mining, pulp and paper, chemical processing, and others. Food and beverages and pharmaceuticals segments are projected to grow at the fastest rate in the upcoming years, owing to the rapid growth in these industries globally.
In 2018, Asia Pacific dominated the global peristaltic pumps market, owing to the increased product demand by the chemical industry. Moreover, the rising peristaltic pumps demand in the oil and gas sector in Indonesia, Malaysia, and Vietnam is further projected to drive the market growth. China is expected to be the most dominating country, owing to the emerging product demand in industries like chemical, food and beverages, and water and wastewater treatment. In India, oil and gas, power generation, and water and wastewater industries are expected to offer several growth opportunities in the future. Additionally, an increase in geriatric population base that commonly suffers from blood-related disorders and initiatives taken by the government in the healthcare sector are likely to increase the application of the peristaltic pumps in this sector, thereby, propelling the market growth in this region.
Browse the full “Peristaltic Pumps Market by Type (Hose Pumps and Tube Pumps) and End-User (Water & Wastewater Treatment, Pharmaceuticals, Food & Beverages, Mining, Pulp & Paper, Chemical Processing, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/peristaltic-pumps-market
North America is the second largest peristaltic pumps market and is expected to grow significantly during the assessment time period, owing to the increasing application of tube peristaltic pumps in the food and beverages industry to avoid contamination. Additionally, the emerging applications of peristaltic pumps in the pharmaceutical industry are also expected to boost market growth in the upcoming years.
The European peristaltic pumps market is anticipated to grow gradually with the rising use of peristaltic pumps by pharmaceutical and mining industries. Moreover, technological advancements witnessed related to products by the key players present in Europe are further likely to offer new opportunities for market growth in the future.
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The Latin American peristaltic pumps market is estimated to grow significantly, owing to the rapid industrialization in the region. Brazil is projected to grow at the highest rate over the review period, due to the increasing applications of peristaltic pumps in mining and food and beverage industries. Mining segment is anticipated to dominate the peristaltic pumps market in the future. The Middle East and Africa is forecasted to grow sluggishly for peristaltic pumps market, due to the surging construction activities in the region.
Some key players of the global peristaltic pumps market include Cole-Parmer Instrument Company Limited, Gilson Inc., ProMinent GmbH, Verder Holding B.V, PCM Group UK Ltd., Watson Marlow Limited, Wanner Engineering, Inc., Flowrox, Inc., Randolph Austin, Graco, Inc., Seko Spa, and Albin Pump AB.
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This report segments the global peristaltic pumps market into:
Global Peristaltic Pumps Market: Type Analysis
- Tube Pumps
- Hose Pumps
Global Peristaltic Pumps Market: End-User Analysis
- Water and Wastewater Treatment
- Pharmaceuticals
- Food and Beverages
- Mining
- Pulp and Paper
- Chemical Processing
- Others
Global Peristaltic Pumps Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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