PUBLISHER: IMARC | PRODUCT CODE: 1468396
PUBLISHER: IMARC | PRODUCT CODE: 1468396
Metering Pump Market Report by Type (Diaphragm Pumps, Piston Pumps, and Others), Application (Water & Wastewater Treatment, Oil & Gas, Chemical Processes, Pharmaceuticals, Food & Beverages, Paper & Pulp, and Others), and Region 2024-2032
The global metering pump market size reached US$ 6.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 9.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032. The growing demand for specialty chemicals, rising number of oil and gas exploration and production activities, and increasing need for precise and controlled dosing of various food ingredients are some of the major factors propelling the market.
A metering pump is a precision instrument that accurately and consistently delivers fluids in precise quantities. It operates by displacing a specific volume of liquid with each stroke or rotation to ensure a highly controlled and reliable flow rate. It is designed to handle a wide range of viscosities, such as thin chemicals and highly viscous fluids, and is known for its enhanced repeatability and durability. As it is suitable for applications where precise dosing or proportional mixing of chemicals is critical, the demand for metering pump is increasing across the globe.
At present, the rising adoption of metering pumps, as they can handle corrosive and abrasive fluids efficiently, is supporting the growth of the market. Besides this, the increasing need for precise dosing and maintaining product quality in the pharmaceutical industry is strengthening the growth of the market. Additionally, the growing demand for metering pumps in the healthcare industry in diagnostic equipment for safe and accurate patient outcomes is positively influencing the market. Apart from this, various innovations in metering pump technology to enhance their efficiency, reliability, and ease of integration into various processes are providing lucrative growth opportunities to industry investors. Furthermore, the rising need for accurate fluid control systems, along with the increasing popularity of automation in several sectors, is bolstering the growth of the market.
Metering Pump Market Trends/Drivers:
Rising number of oil and gas exploration and production activities
The rising number of oil and gas exploration and production activities around the world is strengthening the growth of the market. The oil and gas industry relies on these pumps for a wide range of applications, such as injecting chemicals into drilling operations, enhancing oil recovery, and controlling corrosion in pipelines and refineries. In line with this, these pumps play a vital role in providing precision dosing of chemicals and optimizing these processes. Besides this, the rising adoption of metering pumps due to the increasing demand for energy is bolstering the growth of the market. In addition, there is an increase in awareness about the importance of accurate chemical injection.
Increasing demand for specialty chemicals
The increasing need for specialty chemicals that are tailored to meet specific requirements of various sectors is contributing to the growth of the market. These chemicals can range from high-performance additives and coatings to unique pharmaceutical intermediates and serve sectors, such as electronics, automotive, and healthcare. In line with this, these pumps offer accurate dosing of various chemicals during production processes. They also ensure precise and consistent dosing for catalysts, colorants, or reactive agents, which is critical for maintaining product quality and minimizing waste. Apart from this, the rising demand for specialty chemicals in the personal care and cosmetic sector to develop innovative and high-quality products is offering a positive market outlook.
Growing need for precise and controlled dosing of various food ingredients
The growing need for precise and controlled dosing in the food and beverage (F&B) sector is propelling the growth of the market. These pumps play a vital role in the accurate dosing of various ingredients, additives, and flavorings during food and beverage production. In addition, these pumps ensure consistency in taste, texture, and quality of food products. The rising consumer demand for customized and unique products, such as beverages, sauces, and processed foods, is bolstering the growth of the market. These pumps enable manufacturers to experiment with new flavors and ingredients and offer versatility in product development. Moreover, stringent hygiene and food safety regulations encourage accurate dosing of preservatives to minimize waste.
Metering Pump Industry Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global metering pump market report, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on type and application.
Breakup by Type:
Diaphragm Pumps
Piston Pumps
Others
Diaphragm pumps represent the largest market segment
The report has provided a detailed breakup and analysis of the market based on the type. This includes diaphragm pumps, piston pumps, and others. According to the report, diaphragm pumps represented the largest segment. Diaphragm pumps are known for their enhanced reliability and precision in delivering fluids in a wide range of industries. They operate using a flexible diaphragm that moves back and forth, while creating a chamber to draw in and expel the fluid. This design ensures that the fluid remains isolated from the mechanical components and prevents contamination and leaks. These pumps are especially valued for their ability to handle corrosive, abrasive, and viscous fluids with ease, which makes them suitable for applications in chemical processing, water treatment, and the oil and gas industry.
Breakup by Application:
Water & Wastewater Treatment
Oil & Gas
Chemical Processes
Pharmaceuticals
Food & Beverages
Paper & Pulp
Others
Water & wastewater treatment accounts for the majority of the market share
The report has provided a detailed breakup and analysis of the market based on the application. This includes water & wastewater treatment, oil & gas, chemical processes, pharmaceuticals, food & beverages, paper & pulp, and others. According to the report, water and wastewater treatment represented the largest segment. Water and wastewater treatment is a critical process that involves the use of metering pumps for precise chemical dosing to maintain water quality and meet stringent environmental standards. In addition, these pumps accurately inject chemicals, such as chlorine for disinfection, coagulants for flocculation, and potential of hydrogen (pH) adjusters. This precise dosing ensures that contaminants are effectively removed or neutralized, which makes water safe for consumption and discharge. In wastewater treatment, metering pumps play a vital role in the removal of pollutants and contaminants from industrial and municipal wastewater streams.
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Asia Pacific exhibits a clear dominance, accounting for the largest metering pump market share
The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Asia Pacific accounted for the largest market share.
Asia Pacific held the biggest market share due to the increasing number of infrastructure development projects. In addition, the rising consumption and demand for clean water among the masses is strengthening the growth of the market in the region. Apart from this, the growing awareness about the importance of sustainability among individuals is positively influencing the market. In line with this, increasing investments in efficient fluid handling technologies to minimize waste are supporting the growth of the market in the Asia Pacific region.
Competitive Landscape:
Various players are creating more efficient, accurate, and versatile pump models. They are developing pumps that can handle a broader range of fluids, improving dosing precision, and enhancing pump durability. In line with this, major manufacturers are offering customizable metering pump solutions tailored to specific industry needs. Moreover, modular designs allow clients to configure pumps to their exact requirements and provide enhanced flexibility and efficiency. Besides this, companies are incorporating smart features, such as remote monitoring, predictive maintenance, and integration with control systems to enhance pump efficiency and reduce downtime. They are also developing eco-friendly pump designs and promoting efficient chemical dosing to minimize environmental impact.
The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:
Grundfos
IDEX Corporation
LEWA (Nikkiso Co. Ltd.)
Mcfarland-Tritan LLC
Milton Roy Company (Ingersoll Rand)
ProMinent GmbH
Seepex GmbH
Seko S.P.A
SPX Flow Technology Norderstedt GmbH
Swelore Engineering Private Limited
Vereder Group
Watson-Marlow Fluid Technology Group (Spirax-Sarco Engineering)
Recent Developments:
In 2021, Watson-Marlow Fluid Technology Group (WMFTG) introduced the latest addition to its Qdos chemical metering pumps. Qdos(R) Conveying Wave Technology (CWT(TM)) extends the capabilities of peristaltic pump technology and offers longer service life than traditional tube-based designs.
In 2022, SEKO announced its upgraded WareDose warewash dosing pump systems that is integrated with Wi-Fi hub that enables operators to connect to their systems 24/7 via smartphone.
In January 2021, IDEX Corporation entered into a definitive agreement to acquire Abel Pumps, L.P. The acquisition of ABEL will provide a complementary addition to the well-established expertise IDEX holds in pump manufacturing.
Key Questions Answered in This Report
- 1. What was the size of the global metering pump market in 2023?
- 2. What is the expected growth rate of the global metering pump market during 2024-2032?
- 3. What are the key factors driving the global metering pump market?
- 4. What has been the impact of COVID-19 on the global metering pump market?
- 5. What is the breakup of the global metering pump market based on the type?
- 6. What is the breakup of the global metering pump market based on the application?
- 7. What are the key regions in the global metering pump market?
- 8. Who are the key players/companies in the global metering pump market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Metering Pump Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Diaphragm Pumps
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Piston Pumps
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Others
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Water & Wastewater Treatment
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Oil & Gas
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Chemical Processes
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Pharmaceuticals
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Food & Beverages
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
- 7.6 Paper & Pulp
- 7.6.1 Market Trends
- 7.6.2 Market Forecast
- 7.7 Others
- 7.7.1 Market Trends
- 7.7.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 SWOT Analysis
- 9.1 Overview
- 9.2 Strengths
- 9.3 Weaknesses
- 9.4 Opportunities
- 9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Grundfos
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 IDEX Corporation
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.2.4 SWOT Analysis
- 13.3.3 LEWA (Nikkiso Co. Ltd.)
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.4 Mcfarland-Tritan LLC
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.5 Milton Roy Company (Ingersoll Rand)
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.6 ProMinent GmbH
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.7 Seepex GmbH
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.7.3 Financials
- 13.3.8 Seko S.P.A
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 SPX Flow Technology Norderstedt GmbH
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.10 Swelore Engineering Private Limited
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.11 Vereder Group
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.12 Watson-Marlow Fluid Technology Group (Spirax-Sarco Engineering)
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.1 Grundfos
List of Figures
- Figure 1: Global: Metering Pump Market: Major Drivers and Challenges
- Figure 2: Global: Metering Pump Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Metering Pump Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Metering Pump Market: Breakup by Type (in %), 2023
- Figure 5: Global: Metering Pump Market: Breakup by Application (in %), 2023
- Figure 6: Global: Metering Pump Market: Breakup by Region (in %), 2023
- Figure 7: Global: Metering Pump (Diaphragm Pumps) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 8: Global: Metering Pump (Diaphragm Pumps) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 9: Global: Metering Pump (Piston Pumps) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Metering Pump (Piston Pumps) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Metering Pump (Other Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Metering Pump (Other Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Metering Pump (Water & Wastewater Treatment) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Metering Pump (Water & Wastewater Treatment) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Metering Pump (Oil & Gas) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Metering Pump (Oil & Gas) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Metering Pump (Chemical Processes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Metering Pump (Chemical Processes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Metering Pump (Pharmaceuticals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Metering Pump (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Metering Pump (Food & Beverages) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Metering Pump (Food & Beverages) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Metering Pump (Paper & Pulp) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Metering Pump (Paper & Pulp) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Metering Pump (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Metering Pump (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: North America: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: North America: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: United States: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: United States: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Canada: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Canada: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: Asia Pacific: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: Asia Pacific: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: China: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: China: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Japan: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Japan: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: India: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: India: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: South Korea: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: South Korea: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Australia: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Australia: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: Indonesia: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: Indonesia: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: Others: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: Others: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Europe: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Europe: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Germany: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Germany: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: France: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: France: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: United Kingdom: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: United Kingdom: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Italy: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Italy: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: Spain: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: Spain: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: Russia: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: Russia: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Others: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Others: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Latin America: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Latin America: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Brazil: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Brazil: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Mexico: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Mexico: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Others: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Others: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Middle East and Africa: Metering Pump Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Middle East and Africa: Metering Pump Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Global: Metering Pump Industry: SWOT Analysis
- Figure 76: Global: Metering Pump Industry: Value Chain Analysis
- Figure 77: Global: Metering Pump Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Metering Pump Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Metering Pump Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Metering Pump Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Metering Pump Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Global: Metering Pump Market: Competitive Structure
- Table 6: Global: Metering Pump Market: Key Players
