Wilmington, Delaware, Nov. 24, 2023 (GLOBE NEWSWIRE) --
Global Metering Pumps Market size is valued at US$ 7.4 billion in 2023 and is predicted to rise at a substantial CAGR of 4.4% during the forecast period of 2023 and 2030 according to RationalStat analysis.
Market Definition, Market Scope, and Report Overview
The metering pumps market is driven by several factors that contribute to its growth and demand. Industries such as chemical processing, water treatment, and pharmaceuticals require accurate and consistent dosing of fluids for various applications. Metering pumps provide the ability to precisely control the flow rate, ensuring precise dosing and minimizing wastage, which is a significant driver for their adoption.
Further, Governments across the globe are implementing strict regulations pertaining to environmental protection, water quality, and safety standards. Metering pumps are used in compliance with these regulations for applications such as chemical injection, disinfection, pH control, and wastewater treatment. The need for adherence to these regulations is driving the demand for metering pumps.
- According to a deep-dive market assessment by RationalStat, the metering pumps market has been analyzed based on market segments, including type, application, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
- Market intelligence for the metering pumps market covers market sizes based on market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
- In addition, the long-term sector and products/services 10-year outlook and its implications on the metering pumps market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Metering Pumps Market: Segmental and Market Share Analysis
- Based on the application, the petrochemicals, oil & gas segment is expected to capture the maximum market share owing to rising demand for clean water coupled with rising industrial development.
Report Synopsis
| Report Metrics | Details |
| Base Year | 2023 |
| Forecast Period | 2023-2030 |
| Base Year Market Size | US$ 7.4 billion |
| Market Size Forecast | US$ 10.0 billion |
| Growth Rate | 4.4% |
| Dominant Segment | Petrochemicals, Oil and Gas |
| Leading Region | North America |
| Key Market Drivers |
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| Companies Profiled |
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Competition Analysis and Market Structure
Some of the prominent players adopt various strategies to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, and partnerships and collaborations are some of the strategies followed by industry players. Some of the key developments in the global metering pumps market include,
- In January 2023, the development team behind Search for Animera, announced the game's launch on ImmutableX, the go-to Ethereum platform for creating and scaling web3 games.
- In September 2022, the mobile MMORPG Dekaron G, was made public. The mobile game Dekaron M, which was based on the first-generation Korean PC MMORPG Dekaron, has a global release called Dekaron G. Dekaron G will be released by ThumbAge across Southeast Asia, North America, and Europe.
Some of the prominent players and suppliers operating and contributing significantly to the metering pumps market growth include Injection Technical Control Inc., Idex Corporation, Grundfos Water Treatment GmbH, Emec S.R.L., Blue-White Industries Ltd., Walchem, Prominent Seepex GmbH, Swelore Engineering Pvt. Ltd., Seko S.P.A., and Milton Roy Company, among others.
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RationalStat has segmented the metering pumps market based on type, application, and region
- Global Metering Pumps Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
- Diaphragm Pumps
- Piston/Plunger Pumps
- Others
- Global Metering Pumps Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
- Water Treatment
- Petrochemicals, & Oil & Gas
- Chemical Processing
- Pharmaceuticals
- Food & Beverages
- Others
- Global Metering Pumps Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
- North America Metering Pumps Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- US
- Canada
- Latin America Metering Pumps Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Brazil
- Mexico
- Rest of Latin America
- Western Europe Metering Pumps Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Germany
- UK
- France
- Spain
- Italy
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe Metering Pumps Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- Russia
- Poland
- Hungary
- Other CIS Countries
- Rest of Eastern Europe
- Asia Pacific Metering Pumps Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- China
- Japan
- India
- South Korea
- Australia
- ASEAN
- Indonesia
- Thailand
- Philippines
- Vietnam
- Malaysia
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa Metering Pumps Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
- GCC
- Saudi Arabia (KSA)
- United Arab Emirates (UAE)
- Rest of the GCC
- South Africa
- Nigeria
- Turkey
- Rest of the Middle East & Africa
- GCC
- North America Metering Pumps Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
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Key Questions Answered in the Metering Pumps Report:
- What will be the market value of the metering pumps market by 2030?
- What is the market size of the metering pumps market?
- What are the market drivers of the metering pumps market?
- What are the key trends in the metering pumps market?
- Which is the leading region in the metering pumps market?
- What are the major companies operating in the metering pumps market?
- What are the market shares by key segments in the metering pumps market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoints to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
- Defining the problem by understanding the type of market and data required by the client.
- Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
- Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
- Evaluating and analyzing the data by referring to data sources utilized and leveraged.
- Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client’s needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.
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