The global metering pumps market is forecast to reach USD 8,342.8 Million by 2028, 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.
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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.
Further key findings from the report suggest
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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; 2018-2028)
Product Type Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2018-2028)
Industry Vertical Outlook (Volume, Kilo Tons and Revenue, USD Billion; 2018-2028)
The research study includes an in-depth analysis of the market using advanced research methodologies such as SWOT analysis and Porter’s Five Forces analysis. The report further explores the key business players along with their in-depth profiling, product portfolio, and strategic business decisions. The report has been formulated through extensive primary and secondary research and further validated by analysts, industry experts, and market professionals. The report also sheds light on the recent mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches, among others.
Regional analysis covers assessment of import/export, production and consumption ratio, supply and demand, cost, price, estimated revenue and gross margins, and presence of key players in the region. The report also offers insights about revenue growth, market size, market share, technological advancements, and presence of key players in each region.
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Regional Bifurcation of the Metering Pumps Market Includes:
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