Global Metering Pumps Market - 2022-2029

Global Metering Pumps Market - 2022-2029

Market Overview

The global Metering pumps market size was worth US$ XX million in 2021 and is estimated to reach US$ XX million by 2029, growing at a CAGR of XX% during the forecast period (2022-2029).

A metering pump is a device used to move a precise volume of liquid in a specified time period to provide an accurate volumetric flow rate. The delivery of fluids in precise adjustable flow rates is called metering. The definition of metering pump is based on the specific application or end-use rather than the type of pump used, although some pumps are far more suitable than other types of pumps.

Although metering pumps are mainly used to pump water, they can also pump chemicals, petroleum and other liquids. Modern metering pumps can pump large volumes through high discharge pressure. The pumps are typically made to meter at flow rates that are practically constant or averaged with time at a wide range of discharge pressures. Pump manufacturers provide each of their models of metering pumps with a maximum discharge pressure rating that the particular pump model can work with.

Technicians should ensure that the pressure, temperature ratings and wetted pump materials are compatible with the application and the pumping of liquid. Metering pumps consist of a pump head and a motor. The pumped liquid goes through the pump head; it enters through an inlet and exits through an outlet. The motor is commonly a direct electric motor that drives the pump head.

Market Dynamics

The demand for metering pumps is mainly driven by the increasingly stringent environmental regulations for wastewater. It is an important driver for the market. The increasing global shift away from oil and gas is a key factor in limiting the growth of this market.

Increasing stringent environmental regulations for wastewater

Rising urbanization and industrialization have led to unprecedented economic growth, especially in emerging countries. However, it has strained water resources and led to rising water pollution. Haphazard urbanization has left underdeveloped sewage systems that routinely discharge untreated waste straight into rivers. Industrial plants do not treat water before discharging it into water bodies.

Global governments have enforced strict norms against polluting naturally occurring water bodies and illegally discharging wastewater. In developing countries like China, water pollution has been a severe impact. The Chinese government has formulated special laws and regulations to protect its citizens from the harmful impact of wastewater discharge. Developed nations such as U.S. and European countries have stringent laws for drinking water, potable water and wastewater. Strict penalties such as hefty fines and prison sentences are set for the violators of these laws.

With such stringency maintained at the international level, it is evident that the nations have laid down strict regulations to curb rising water pollution and protect water sources. Thus, improper discharge of wastewater effluents is dealt with the utmost strictness, rendering factories noncompliant. The increasingly stringent environmental regulations for wastewaters are the major driver for wastewater treatment services. Wastewater treatment is one of the largest end-users for metering pumps by far. It is a key driver for the growth of the global metering pumps market.

Increasing global shift away from oil and gas

A multitude of factors has seen an increasing global shift away from oil and gas in recent years. Factors such as volatile oil prices, global geopolitical tensions and the push toward decarbonization are some of the reasons for an energy transition. Oil prices have witnessed a near-continuous decline since 2014, going from US$100 a barrel to nearly half that and recovery towards an average of US$70. The volatility of oil prices has shut oil production from alternative sources such as shale and fracking.

Many small and medium-scale oil production companies have gone bankrupt. The increasing global push towards decarbonization to mitigate the effects of man-made climate change is accelerating the adoption of alternative energy sources such as hydrogen, nuclear and renewables. Major investment funds and banks have stopped financing new oil and gas exploration projects and divesting oil and gas holdings from their portfolio.

While the current global shift is still very recent, a sizable impact will be felt in the coming decade. Oil and gas are among the most important applications of metering pumps and the global energy transition could cost a huge slice of the market. It is a key challenge for the future growth of the global metering pumps market.

COVID-19 impact analysis

The global metering pumps market experienced uneven impacts on value chains in production and sales in 2021 due to the COVID-19 pandemic. Food processing and pulp and paper applications saw steep declines since government-imposed lockdowns and restrictions brought a prolonged halt to manufacturing and office work globally.

Municipal wastewater treatment went largely uninterrupted during the initial lockdown period in early 2020. However, industrial wastewater treatment was deeply affected due to lockdowns as almost all industrial plants temporarily shut down or scaled back operations to comply with government lockdown directives. Most industrial plants were back running in late 2020 and some overall improvement in the market was observed.

Demand from oil and gas saw a decline, as consumption of petroleum fuels experienced relatively steep declines due to lockdowns and restrictions on the movement of people. Chemical and pharmaceutical applications also sustained declines as lockdown restrictions led to scaling back of operations.

China, one of the largest markets for metering pumps, emerged from the lockdown relatively early, in May 2020 and overall demand recovered slightly towards the end of 2020. However, Europe and North America were hit by the second wave of the pandemic, thereby depressing demand. Global demand is expected to recover by the end of 2021.

The global metering pumps market has survived the initial impacts and shocks of the COVID-19 pandemic. Major end-users had cut capital expenditures in response to the economic uncertainty of the pandemic. The pandemic will not impact the long-term growth prospects of the global metering pumps market. As global economic activity returns to normalcy, the demand from end-users will increase. The demand for metering pumps remains strong and is expected to grow gradually in the coming years.

Segment Analysis

The global metering pumps market is segmented into type, end-user and region. The metering pumps market is further segmented into water treatment, petrochemicals, oil and gas, chemical processing, pharmaceuticals, food and beverages, pulp and paper, automotive, textile and others based on end-user. Water treatment, petrochemicals and oil and gas are some of the key end-users of metering pumps. Metering pumps are used in these industries to deliver precise fluid volumes at timed intervals.

Geographical Analysis

Asia-Pacific is leading in the global Metering pumps market. The region accounts for the largest market share, primarily due to a mix of major emerging markets such as China, India, Vietnam and Indonesia and developed markets such as Taiwan, Japan and South Korea. The Asia-Pacific region constitutes approximately 61.0% of the world's population and the manufacturing and processing sectors are growing rapidly in the region.

Countries such as Bangladesh, India, China, Vietnam, Thailand, Indonesia and Malaysia are experiencing rapid industrialization and urbanization. Developed countries such as Japan, South Korea and Taiwan also have large chemical and pharmaceutical industries. Due to haphazard urbanization and underdeveloped infrastructure, many countries have massive water pollution problems. Water treatment is one of the largest applications of metering pumps. Therefore, the greatest demand for wastewater treatment services comes from this region.

India and China are also significant consumers of oil and gas due to their large populations. The world's largest oil refinery operates in Jamnagar, western India. Both countries have a well-developed petroleum refining industry. The world's largest oil refinery operates in Jamnagar, western India. China has also developed a significant refining capacity to cater to its large population. Indonesia and Malaysia are other major countries with significant petroleum refining capacity. Therefore, some of the major end-user industries for metering pumps are located in the region. The Asia-Pacific region will continue to have the largest market share in the global Metering pumps market in the coming years.

Competitive Landscape

The global Metering pumps market is competitive due to the availability of a wide variety of linesets that cater to different types of end-use applications. Some of the major players contributing to the growth in the segment are Lewa GmBH, Ingersoll Rand, IDEX Corporation, Graco Inc., Seko S.p.A, ProMinent, Enelsa, Dover Corporation, Grundfos Holding A/S, Watson-Marlow Fluid Technology Group. The significant players adopt several growth strategies such as new product launches, joint ventures and collaborations, contributing to global growth in the industry.

Lewa GmBH

Overview: Lewa GmBH is a major engineering company specializing in designing and manufacturing pumps and other professional metering systems. It has manufacturing operations in 12 countries and its products are sold in more than 80 countries globally through a network of 16 subsidiaries and hundreds of distributors. Lewa GmBH was founded in 1952 and is headquartered in Leonberg, Germany.

Product Portfolio

Lewa EcoFlow is a diaphragm-type metering pump with a modular flow system. It can be customized to run with multiple pump heads. The pump has a flow rate of 19 m³/h per pump head and discharge pressure of up to 1200 bar. It is mainly intended for toxic, corrosive and abrasive liquids. The pump is certified to API 675 standard.

Key Developments:

In February 2022, Lewa GmBH announced the expansion of its Lewa EcoFlow metering pump ranges with bigger pumps capable of discharging up to 1000 l/h. The core design architecture remains the same; however, many new smart monitoring features have been included along with expansion to food production and processing applications.

Why Purchase the Report?

Visualize the composition of the metering pumps market segmentation by the type, end-user and region, highlighting the critical commercial assets and players.

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Excel data sheet with thousands of global metering pumps market-level 4/5 segmentation data points.

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Product mapping in excel for the critical product of all major market players

The global metering pumps market report would provide approximately 58 market data tables, 56 figures, and 180 pages.

Target Audience 2022

Metering pumps manufacturers

Wastewater treatment service providers

Oil and gas companies

Industry Investors/Investment Bankers

Education & Research Institutes

Research Professionals