Global Hydraulic Diaphragm Metering Pump Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
The metering pump is an indispensable equipment in modern industrial production and one of the very important special pumps, mainly used for fluid metering. The hydraulic diaphragm metering pump is composed of a mechanical drive device, a hydraulic drive system and a pump head. The introduction of the hydraulic transmission system enables the metering pump to be applied to the high-pressure quantitative dosing system. The product specifications and parameters cover a wide range, suitable for municipal water treatment, waste water treatment, industrial water treatment, resin reclaimed water treatment, power station boiler furnace circulating water treatment, petrochemical and chemical process reaction processes, oil field oil pipeline treatment and oil field well filling, etc.
Market Overview:The latest research study on the global Hydraulic Diaphragm Metering Pump market finds that the global Hydraulic Diaphragm Metering Pump market reached a value of USD 323.75 million in 2022. It’s expected that the market will achieve USD 451.99 million by 2028, exhibiting a CAGR of 5.72% during the forecast period.
The COVID-19 pandemic has brought challenges to the normal operation of the supply chain.
In the current market economy, the upstream and downstream industrial chains have never been so closely linked. The COVID-19 pandemic has caused a large number of factories to stop production, isolate employees and obstruct transportation. This will affect the raw material transportation of the Hydraulic Diaphragm Metering Pump manufacturing company. If the supply of raw materials is blocked, the production of Hydraulic Diaphragm Metering Pumps will also be affected. Therefore, dealing with the impact of COVID-19 on the supply chain will become one of the main issues that Hydraulic Diaphragm Metering Pump manufacturers need to deal with. In the short term, the price of raw materials for the production of Hydraulic Diaphragm Metering Pump is expected to rise, which will put pressure on the cost control of Hydraulic Diaphragm Metering Pump manufacturers.
Increased downstream demand.
The downstream industries of hydraulic diaphragm metering pumps are mainly petrochemical companies, food companies and pharmaceutical companies. With the growth of population and economy, people's purchasing power has become stronger, and the petrochemical industry, food industry and pharmaceutical industry are all continuing to develop. The demand for metering pumps has also increased with the development of these industries.
The price is high.
Hydraulic diaphragm metering pumps have higher requirements for their structure and technology, resulting in higher costs for producing hydraulic diaphragm metering pumps, which leads to higher prices for hydraulic diaphragm metering pumps. This has restricted the development of the hydraulic diaphragm metering pump industry.
The downstream demand is higher.
The rapid industrialization in the Asia-Pacific region, the development of chemical processing, and the increasing requirements for wastewater treatment have led to the increasing use of metering pumps, which has become an opportunity for market development.
Automation and innovation in the industrial manufacturing process is one of the market trends of metering pumps in recent years, which is expected to promote market growth.
The price may drop.
With technological innovation and process reform, the production cost of hydraulic diaphragm metering pumps will be reduced. In the machinery industry, automation has developed rapidly, which will lead to the use of automated production in a large number of manufacturing industries to greatly reduce labor costs. Also, as technology advances, new materials may appear to reduce the cost of raw materials. With the reduction of raw material costs, labor costs and technical costs, the price of hydraulic diaphragm metering pumps will drop accordingly.
Region Overview:In global comparison, a significant portion of the revenue was generated in Europe (32.39% in 2022).
Company Overview:Grundfos is one of the major players operating in the Hydraulic Diaphragm Metering Pump market, holding a share of 14.72% in 2023.
Grundfos
Grundfos develop water solutions for the world. Pumps are their business. Grundfos is a pump company connecting with millions and millions of people every day, and they set the standard in terms of innovation, efficiency, reliability and sustainability.
ProMinent
ProMinent is committed to developing and manufacturing components and systems for metering liquids and solutions for water treatment and water disinfection. ProMinent is a manufacturer of components and systems in the metrology sector.
Segmentation Overview:By type, Single segment accounted for the largest share of market in 2022.
Application Overview:The market's largest segment by application is the segment Oil & Gas, with a market share of 25.47% in 2022.
Key Companies in the global Hydraulic Diaphragm Metering Pump market covered in Chapter 3:ProMinent
Dover (PSG)
IWAKI
TACMINA
SEKO
LEWA GmbH
DEPAMU Pump Technology
Pulsafeeder
Nanfang Pump Industry
AILIPU
SPX Flow
Grundfos
In Chapter 4 and Chapter 14.2, on the basis of types, the Hydraulic Diaphragm Metering Pump market from 2018 to 2029 is primarily split into:Single
Combination
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Hydraulic Diaphragm Metering Pump market from 2018 to 2029 covers:Petroleum Chemical
Food Industry
Pharmaceutical
Oil & Gas
Water Treatment
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)