The global metering
pumps market is forecast to reach USD 7.40 Billion by 2026, according
to a new report by Reports and Data. The growing demand from end use
industries, coupled with the rising industrialization and urbanization in
emerging economies governs the growth of the market. The surging demand for
environment friendly waste-water treatment procedures will also contribute to
the increasing demand for metering pumps in the coming years. The most common
applications of metering pumps include water treatment, chemical, food processing,
and other industries where well-defined flow rate is essential, when tasks such
as the chemical treatment of water in boilers for use in cooling towers, or
while working potable water. Other applications include operations such as for
the blending of liquids in food processing plants, and to reduce frictional
losses when moving oil or liquid natural gas in pipelines, and many others.
To identify the key trends in
the industry, click on the link below:
Further key findings from
the report suggest
- Among the pump drives, the solenoid-driven pumps
accounted for the largest market share of ~41% in the year 2018. Solenoid
pumps are usually used in water treatment and chemical processing plants.
Solenoid pumps are the simplest type of pumps because they have very few
moving parts, due to which the drive is virtually wear-free. The pump
requires no lubricated bearings or shafts; thus, lowering the maintenance
and repair costs. They also provide outstanding continuous running
characteristics.
- Among the product type, the diaphragm metering pumps
accounted for the largest market share of ~45% in the year 2018. Diaphragm
pumps are one of the most versatile pumps. They have the ability to handle
a wide range of viscosity, including caustic and abrasive. Since they
operate on air, they are intrinsically safe and considered as
explosion-proof when grounded properly and following local code. The pumps
need no complicated controls, fittings, or motors to install and operate.
Moreover, these require less maintenance and are relatively inexpensive.
- Key participants include Flowrox, Graco Inc., Dover
Corporation, IDEX Corporation, Grundfos, Lewa, Injection Technical Control
Incorporation, Milton Roy, Mcfarland-Tritan LLC, SPX Flow Technology
Norderstedt GmbH, Prominent, Seko S.P.A, Seepex GmbH, Verder Group,
Swelore Engineering Private Limited, and Wanner Engineering, among others.
The companies have adopted various strategies, including mergers,
acquisitions, and partnerships to hold ongoing trails and come up with new
developments in the market..
Make an Inquiry at: https://www.reportsanddata.com/make-enquiry-form/2076
For this report, Reports and Data
have segmented into the global Metering Pumps market on the basis of Pump
Drive, product type, industry vertical, and region:
Pump Drive Outlook (Volume,
Kilo Tons and Revenue, USD Billion; 2016-2026)
- Solenoid-Driven Metering Pumps
- Motor-Driven Metering Pumps
- Pneumatic Metering Pumps
- Others
Product Type Outlook (Volume,
Kilo Tons and Revenue, USD Billion; 2016-2026)
- Diaphragm Metering Pumps
- Mechanically Deflected Diaphragm
- Hydraulically Deflected Diaphragm
- Plunger Metering Pumps
- Peristaltic Pumps
Industry Vertical Outlook
(Volume, Kilo Tons and Revenue, USD Billion; 2016-2026)
- Water Treatment
- Petrochemicals
- Oil and Gas
- Chemical Processing
- Pharmaceuticals
- Food and Beverages
- Others
Regional Outlook (Volume, Kilo
Tons and Revenue, USD Billion; 2016-2026)
- North America
- U.S.
- Europe
- UK
- France
- Asia Pacific
- China
- India
- Japan
- MEA
- Latin America
- Brazil
Request For FREE Sample Copy of This Research Report at: https://www.reportsanddata.com/sample-enquiry-form/2076
No comments:
Post a Comment