Global Metering Pumps Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Metering Pumps Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Metering pump is a machine that can meter the liquid being transported. It is a special displacement pump that can meet various strict technological process requirements and is used to transport liquid. Metering pump is a kind of fluid conveying machinery, and its outstanding feature is that it can maintain a constant flow independent of discharge pressure. The use of metering pumps can simultaneously complete the functions of delivery, metering and adjustment, thereby simplifying the production process. Using multiple metering pumps, several media can be input into the process flow in an accurate proportion for mixing. Due to its high accuracy, metering pumps have now been widely used in various industrial fields such as petrochemical, pharmaceutical, food, and water treatment.

Market Overview:

The latest research study on the global Metering Pumps market finds that the global Metering Pumps market reached a value of USD 2658.22 million in 2022. It’s expected that the market will achieve USD 3752.13 million by 2028, exhibiting a CAGR of 5.91% during the forecast period.

The COVID-19 epidemic spread to more than 210 countries and regions around the world in three months, affecting nearly 7 billion people. The coronavirus epidemic has impacted all aspects of human health, economic growth, social development, national security, and international relations. It is a comprehensive challenge. The epidemic has drastically reversed expectations of moderate growth in the world economy in early 2020. After the outbreak, the employment situation in various countries has become more severe. Global investors panic, triggering turmoil in the financial and capital markets. The epidemic has caused huge losses to related industries and international trade. From the perspective of the general background, exports, consumption, and investment are driving the economy. After the outbreak of the epidemic this year, consumption, exports, and investment have all been affected to some extent. Therefore, the global economic downturn is inevitable. At the same time, due to the long-term trade frictions between China and the United States and the economic slowdown of China and other new economies, the international trade of products will also be affected.

Metering pump is a machine that can meter the liquid being transported. Due to its high accuracy, metering pumps have now been widely used in various industrial fields such as petrochemical, pharmaceutical, food, and water treatment. The global expansion of the coronavirus infection has had a significant impact on consumer trends and economic activities, and the overall development prospects of the metering pump industry are still uncertain. The overall poor macro-economy has caused a decline in orders and a decrease in investment, resulting in a decline in demand from downstream industries.

The epidemic has brought not only a decline in demand, but also a disruption in production. At present, the main areas of global production of metering pumps are the United States, Europe, Japan and China. During the rapid spread of the epidemic, the shutdown of factories in various places directly caused a decline in production. In addition, it is difficult to purchase raw materials and parts, and the production workshop must take relevant protective measures. The abnormal operation of production will also affect the delivery of the original order.

Strong downstream demand in developing countries

The rapid economic development of various developing countries has promoted the growth of the demand for metering pumps. The development of developing countries is accompanied by the construction of a large amount of infrastructure, which also requires a large number of metering pumps. In addition, companies in various industries are actively seizing the market in developing countries. They ensure that they gain a certain share in emerging markets by opening branches and building factories in developing countries. This will also promote the growth of demand for metering pumps in developing countries.

Fierce market competition

There are a large number of companies in the Metering Pumps industry and the competition is fierce. If the company cannot correctly grasp the market dynamics and industry development trends, it cannot further consolidate its dominant position and ensure its core in product research and development, market expansion, etc. There are market competition risks such as decline in business performance and decline in market share due to weakened competitive advantages. In addition, more and more competitors are entering the market, which means that competition in the industry will become increasingly difficult. If the players still provide roughly the same products or services, or at least few obvious differences; Or if the players continue to compete on price in Metering Pumps products, avoiding enhancing products with features and technological content that could increase costs, it will be hard for them to sustain the fierce market. Therefore, companies in the Metering Pumps market must increase their R&D activities in order to gain a competitive edge over other market players.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

ProMinent is one of the major players operating in the Metering Pumps market, holding a share of 9.23% in 2023.

ProMinent

ProMinent GmbH develops and manufactures components and complete systems for metering of liquids and water treatment. The Company offers products such as containers, chemical transfer pumps, disinfection systems, dosing, measuring, control, and sensor technology, filters, softners, and other equipments. ProMinent operates worldwide.

Seko Spa

SEKO is a world-renowned manufacturer of dosing pumps. From systems designed to deliver hygiene and surface cleaning to treatment of water for human consumption, or for use in cooling water treatment, swimming pools and in myriad industrial processes, SEKO delivers solutions tailored to meet any given need thanks to its specialization in the design and manufacture of solenoid and motor driven dosing pumps, along with measurement and analysis systems.

Segmentation Overview:

As for product types, the Diaphragm segment held the largest market share in 2022.

Diaphragm

The diaphragm metering pump uses a specially designed and processed flexible diaphragm to replace the piston, realizes reciprocating motion under the action of the driving mechanism, and completes the suction-discharge process. Due to the isolation effect of the diaphragm, the isolation between the metered fluid and the driving lubrication mechanism is truly realized in structure. The high-tech structural design and the selection of new materials have greatly improved the service life of the diaphragm. Coupled with the excellent corrosion resistance of the composite material, the diaphragm metering pump has become the main pump type in fluid metering applications.

Piston/Plunger

There are two kinds of valve - free pump and valve - free pump. The Piston/Plunger metering pump is widely used in petrochemical industry because of its simple structure and high temperature and high pressure resistance. In view of the shortage of high viscosity medium in the high pressure condition of ordinary Piston/Plunger pump, a valveless rotary Piston/Plunger metering pump has been paid more and more attention, is widely used in syrup, chocolate, cement grinding aid and oil additives and other high viscosity medium metering addition. Due to the structural disadvantage of not being able to achieve complete isolation between the metering medium and the lubricants in the pump, Piston/Plunger metering pumps have many limitations in high-pollution prevention fluid metering applications.

Application Overview:

By application, the Water Treatment segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Metering Pumps market covered in Chapter 3:

Tacmina
Pulsafeeder
OBL
ProMinent
Nikkiso Eiko
Doseuro
Milton Roy
SPX
LMI
Grundfos
Depamu
Lewa
CNSP
Sera
Seko Spa
CNP
Ailipu
PSG
IWAKI

In Chapter 4 and Chapter 14.2, on the basis of types, the Metering Pumps market from 2018 to 2029 is primarily split into:

Diaphragm
Piston/Plunger
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Metering Pumps market from 2018 to 2029 covers:

Water Treatment
Petrochemicals, Oil & Gas
Chemicals Processing
Pharmaceuticals
Food & Beverages
Pulp & Paper
Others

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)