Global Metering Pumps Market Report and Forecast 2024-2032

Global Metering Pumps Market Outlook

The global metering pumps market size reached approximately USD 7.00 billion in 2023. The market is projected to grow at a CAGR of 4.3% between 2024 and 2032, reaching a value of around USD 10.20 billion by 2032.

Key Trends in the Market

Metering pumps, often referred to as dosing pumps or chemical injection pumps, are mechanical instruments designed for accurately regulating the flow of liquids in a wide range of applications. They can handle a wide variety of fluids, including corrosive chemicals, viscous substances, and even slurries. This versatility makes them useful in a broad spectrum of industries.

• One of the primary drivers of the metering pumps market growth is the increasing need for effective water and wastewater treatment solutions. Rapid urbanisation, population growth, and industrialisation have put immense pressure on water resources worldwide. This has led to a surge in the demand for metering pumps in municipal water treatment plants, industrial wastewater treatment facilities, and desalination projects.

• The incorporation of the Internet of things (IoT) and automation technologies in pumps is one of the global metering pumps market trends. These intelligent pumps, furnished with sensors and connectivity capabilities, enable live monitoring, remote management, and predictive upkeep. This advancement not only amplifies operational effectiveness but also trims downtime and curtails maintenance expenses.

• The metering pumps market demand is enhanced by the emergence of diaphragm and piston pumps as the most prominent types of pumps. Diaphragm pumps are esteemed for their precision and adaptability, finding extensive use in industries such as pharmaceuticals, food and beverage, and water treatment. Meanwhile, piston pumps are preferred for demanding high-pressure tasks in the oil and gas sector, as well as in chemical processing.

Market Analysis

Based on type, the market can be segmented into diaphragm pumps and piston/plunger pumps, among others. The global metering pumps market segmentation, based on drive type, includes motor-driven and pneumatic, among others.

Based on application, the market is divided into water and wastewater treatment, oil and gas, chemical processing, pharmaceuticals, and food and beverages, among others. The major regional markets for avocados are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global metering pumps market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• Dover Corporation

• IDEX Corporation

• Grundfos Holding A/S

• LEWA GmbH

• Ingersoll Rand Inc (Milton Roy)

• ViscoTec Pumpen- u. Dosiertechnik GmbH

• Graco Inc.

• Walchem, Iwaki America, Inc.

• ProMinent GmbH

• Watson-Marlow Fluid Technology Solutions

• Others

Market Share by Drive Type

According to the global metering pumps market analysis, the demand for motor-driven metering pumps has been steadily growing over the years. This growth is attributed to increasing demand across sectors for precise and reliable fluid dosing. With multiple manufacturers operating in the market, new motor-driven pumps often come with enhanced features such as digital controls, advanced materials for improved chemical compatibility, and integrated monitoring and control systems.

Market Share by Application

The increasing application of metering pumps in chemical processing is expected to significantly influence the global metering pumps market share in the coming years. Metering pumps are designed to deliver a specific flow rate of chemicals, ensuring precise and consistent dosing. In water treatment plants, metering pumps are used to add disinfectants like chlorine or ozone to kill harmful microorganisms. They are employed to adjust and maintain the pH level of water, which is crucial for the efficiency of subsequent treatment steps.

Competitive Landscape

Dover Corporation is a major American industrial conglomerate known for its diversified portfolio of specialised industrial products and equipment. The company was founded in 1955 and is headquartered in Illinois, USA. Dover has a global presence with operations in multiple countries around the world. It serves customers in industries such as oil and gas, food and beverage, retail, healthcare, and more.

IDEX Corporation is a prominent American company that operates in the industrial sector, specialising in fluid and metering technologies, health and science technologies, and fire and safety products. It offers a wide range of products, including pumps, valves, flow meters, dispensing equipment, compressors, fire suppression systems, and other fluid-handling and safety-related products.

Grundfos Holding A/S is a well-known Danish company specialising in advanced pump solutions and water technology. It is a global leader in the manufacturing of pumps and related systems, focusing primarily on water solutions for various sectors. Grundfos manufactures a wide range of pumps for various applications, including water supply, heating, cooling, wastewater, industrial processes, and more.

Other global metering pumps market players include LEWA GmbH, Ingersoll Rand Inc (Milton Roy), ViscoTec Pumpen- u. Dosiertechnik GmbH, Graco Inc., Walchem, Iwaki America, Inc., ProMinent GmbH, and Watson-Marlow Fluid Technology Solutions, among others.

Key Highlights of the Report