Dosing Pump Market Forecasts to 2028 – Global Analysis By Type (Piston Pumps, Diaphragm Pumps and Other Types), Application and By Geography

Dosing Pump Market Forecasts to 2028 – Global Analysis By Type (Piston Pumps, Diaphragm Pumps and Other Types), Application and By Geography

According to Stratistics MRC, the Global Dosing Pump Market is accounted for $5.2 billion in 2022 and is expected to reach $8.6 billion by 2028 growing at a CAGR of 8.7% during the forecast period. A dosing pump is employed to inject various chemicals or fluids into the flow of water, steam, or gas. A foot valve, injector, pump, control system, and chemical tank make up the pumps. The pumps are made to inject or pump small but accurate amounts of any desired chemical, substance, or product into fluid streams, vessels, or processing units using a variety of techniques. As a result, these systems are employed by the processing industries as a whole.

According to India Brand Equity Foundation (IBEF), India would require an investment USD 777.53 billion in infrastructure by 2022, to ensure sustainable development in the country. This would, in turn, increase the demand for dosing pumps.

Market Dynamics

Driver

Growing industrialization

Waste water has increased due to increased industrialization in both developed and developing nations, which is damaging to health. In order to prevent industries from releasing untreated water into rivers, lakes, etc., governments of numerous nations have created laws and regulations. In wastewater treatment, dosing pumps are used to eliminate microorganisms and keep the pH level constant. It follows that a rise in demand for dosing pumps is anticipated.

Restraint

Complexity of dosing pump

Depending on the application and needs, different industries have different dosing pump needs. Even certain pumps could be challenging to operate in some industry verticals because of their complexity. To put things in perspective, the flow rate and discharge pressure are often changed in accordance with the demand. Additionally, a few of significant firms are unable to widely offer customised items. These elements are preventing sector expansion.

Opportunity

Rising demand for dosing pumps

Because dosing pumps deliver fluids or chemicals at precise volumetric rates, which boosts the output of chemical and pharmaceutical processing businesses, their demand is on the rise in the chemical and pharmaceutical processing industries. In order to expand their portfolios, manufacturers are also spending money on novel materials and R&D projects. The need for dosing pumps will rise dramatically as a result.

Threat

Fluctuations in raw material costs

One of the main factors limiting the market for dosing pumps is fluctuations in the price of raw materials. In the production of dosing pumps, materials including monel, alloy 20, polypropylene, stainless steel, titanium, etc. are frequently employed. Some materials, including stainless steel and alloy, have very variable costs.

Covid-19 Impact

The COVID-19 pandemic has had an impact on the economic development of numerous nations worldwide. Among the many measures are partial or whole lockdowns, travel restrictions, the closing of businesses and factories, and a labour scarcity. Additionally, a number of business sectors that depend on dosing pumps for a number of activities were shut down, which left a huge supply-demand gap. Due to the pandemic's effects on the supply chain, inflation has risen and raw material and energy prices have fluctuated, which has caused a number of projects to fail and businesses to be unable to win new business, which has resulted in a decrease in revenues.

The diaphragm pumps segment is expected to be the largest during the forecast period

The diaphragm pumps segment is estimated to have a lucrative growth, due to more industries are adopting diaphragm pumps. Due to their customizable pump control mechanism, low maintenance requirements, and significantly decreased downtime, diaphragm pumps are perfect for a range of applications. Sales of diaphragm pumps are rising as a result of these factors. The utilisation of diaphragm pumps in several offshore drilling applications and their appropriateness for conveying caustic and hazardous fluids without leakage are promoting diaphragm pumps' sales development.

The water and sewage treatment segment is expected to have the highest CAGR during the forecast period

The water and sewage treatment segment is anticipated to witness the fastest CAGR growth during the forecast period, due to extensive usage of dosage pumps. A dosing pump is a type of positive displacement pump that helps to deliver various fluids and chemicals into another fluid stream at precise flow rates. Dosing systems are employed in the treatment of sewage and water for a variety of reasons. Dosing pumps are used for tasks like maintaining the pH of boiler water, preventing corrosion, and precipitation.

Region with Largest share

Asia Pacific is projected to hold the largest market share during the forecast period owing to growth expected in chemical, water treatment, and petrochemicals. This is explained by the region's abundance of industrial facilities for goods including food and drink, pulp and paper, chemicals, textiles, petroleum refining, water and wastewater treatment, and others. The area is anticipated to dominate the market due to the rapid expansion in sewage and water treatment.

Region with highest CAGR

Europe is projected to have the highest CAGR over the forecast period, owing to substantial economic growth, which surged demand for water management. The pharmaceutical firms in the area use top-of-the-line, cutting-edge machinery to produce highly precise and potent medicines. The fact that these players are actively engaged in the R&D of new medications is helping to increase demand for dosing pumps.

Key players in the market

Some of the key players profiled in the Dosing Pump Market include Grundfos Holding AS, Milton Roy LLC, IDEX Corporation, Dover Corporation, Nikkiso Co. Ltd, SPX Flow Inc., Verder Ltd, Seko, Blue White Pumps, Netzsch Pumps, ProMinent, Fimars, Albin Pump AB, Bredel and Tefen.

Key Developments

In April 202, SEKO launched its WareDose ware wash dosing pump systems. The system has been upgraded and is now equipped with a Wi-fi hub that helps operators monitor their systems through smartphones anytime.

In April 2021, Piezo Motion is a leading precision motor technology provider in the US, has introduced a new piezoelectric micro-dosing pump. This is a first of its kind technology which allows accurate fluid handling applications for scientists across life science laboratories

Types Covered
• Piston Pumps
• Diaphragm Pumps
• Other Types

Applications Covered
• Chemical processing
• Water & Wastewater Treatment
• Food & Beverages
• Oil & Gas
• Pharmaceuticals
• Paper & Pulp
• Other Applications

Regions Covered
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities,Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements