Hydraulic Dosing Pump Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F
Global Hydraulic Dosing Pump market is predicted to proliferate during the forecast period 2024-2028, owing to increasing investments in the water & wastewater treatment industry, growing demand from the chemical industry, and strict government policies regarding water treatment, among others, across the globe.
A dosing pump is a type of positive displacement pump, used to inject chemicals or other materials into streams of water, gas, or steam. Dosing pumps, which are often small, offer a very accurate flow rate for maximum control. They serve as the central part of an integrated dosing system built for the chemical industry's autonomous dispersion of substances. From wastewater treatment to food processing, this dosing is applicable to a wide range of applications and industries.
Dosing pumps, also known as chemical metering pumps, are utilized in industrial plants, agricultural, manufacturing facilities, medical labs, and mining activities, in addition to the water treatment and food sectors. A pH-neutralizing chemical or acid may be added to a water storage tank using a chemical feed pump. A chemical dosing pump is designed to function under difficult conditions, such as high-temperature and high-pressure.
The global market for hydraulic dosing pumps is anticipated to expand fast throughout the forecast period, as a result of the rising demand for these pumps in the chemical, industrial, water purification, and power generation industries. The market's expansion is anticipated to be supported by the growing adoption of smart dosing technologies across several industries. Additionally, increased investment, rising living standards globally, and the expansion of the international economy, have all contributed to the expansion of urbanization. This should generate profitable opportunities for the market for hydraulic dosing pumps across the globe in the projected period 2024-2028F.
Various Growth Factors of Hydraulic Dosing Pumps to Enhance the Market in the Upcoming Years
The market for hydraulic dosing pumps is expanding as a result of a number of factors, including rising demand from the chemical industry, an increase in the need for potable water, high product acceptability in emerging nations, and increasing adoption of these pumps for the treatment of water and wastewater. The availability of inexpensive, low-quality pump goods and the increasing demand from customers for customized items are, however, hampering market growth. Another issue that is projected to hinder the growth of the hydraulic dosing pump market in the forecast period is the pump pulsation due to its operating pressure. In the upcoming years, there are expected to be tremendous potential prospects for the hydraulic dosing pump market due to the increasing adoption of smart dosing technologies and the expansion of refining capacity in the Asia Pacific and the Middle East regions.
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Water and Wastewater Treatment Industry and Chemical Industry are Likely to Propel the Demand for Hydraulic Dosing Pump Across the Globe
Growing investment in water and wastewater treatment, as well as rising demand from the chemical sector for hydraulic dosing pumps, are some of the major factors projected to propel market growth over the upcoming years. Additionally, it is anticipated that the oil and gas industry is going to be a major driver of a rise in demand for hydraulic dosing pumps. Additionally, it is projected that the adoption of smart dosing technologies in conjunction with expanded refining capacity is expected to be a favorable factor for the global market for hydraulic dosing pumps. The growth of the global economy, higher living standards, and more investments, have caused an acceleration in the development of urban infrastructure as well as urban planning. As a result, it is projected that during the next years, there is expected to be an increase in the consumption of hydraulic dosing pumps.
For instance,
- In the Asia-Pacific Region, the Indian Government has started several initiatives, such as Namami Gange programme, launched in 2015. The government approved 161 sewage management projects under the Namami Gange Programme, approximately USD 3 billion, for the construction and renovation of 5501 MLD sewage treatment capacity, along with the installation of 5,134 km of sewerage network. A total of 92 of these projects have been completed, thereby creating and upgrading 1,643 MLD of STP capacity and installing a 4,156 km sewage network "Press Information Bureau (PIB,) 2022. Additionally, it includes sectoral initiatives including the Swachh Bharat (Clean India) Mission 2014-2019, the AMRUT Mission 2015-2023, and the Smart City project 2017-2023, that aim to enhance both sewered and unsewered sanitation.
COVID-19 Impact: Supply Chain Disruption and Economic Slow Down Hampered the Global Hydraulic Dosing Pump Market
The COVID-19 pandemic has had an impact on the economic development of several nations globally. Various significant measures have been made by several nations to stop the COVID-19 virus from spreading. A few actions include a partial or complete lockdown, travel restrictions, the closing of companies and manufacturing facilities, and labor scarcity, among many more. This action caused a distance and labor shortage, which affected the supplier's capacity to produce and transport items on schedule. As a result, the manufacturers were unable to fulfil their timely obligations to customers.
Additionally, a number of industry sectors that depend on dosing pumps for a number of activities, were shut down, leaving a huge supply-demand gap. The COVID-19 pandemic's effects on the supply chain have therefore raised inflation, causing raw material and energy instability, resulting in a number of projects to fail, hindering manufacturers' capacity to acquire new business, and consequently decreasing revenues.
Market Segmentation
The Global Hydraulic Dosing Pump market is segmented into type, pressure, and end user. Based on type, the market is further segmented into diaphragm pumps and piston pumps. Based on pressure, the market is segmented into up to 25 bar, 25–100 bar and above 100 bar. Based on end user, the market is divided into water & wastewater treatment, oil & gas, pharmaceuticals, chemicals, and others. Based on region, the market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Company Profiles
Dover Corporation, ProMinent GmbH, Grundfos Holding A/S, Nikkiso Co Ltd, IWAKI & Co., Ltd, IDEX Corporation, Milton Roy LLC, Verder Scientific GmbH & Co. KG, SEKO S.p.A, LEWA GmbH are among the major players that are driving the growth of the global Hydraulic Dosing Pump market.
Report Scope:
In this report, the global hydraulic dosing pump market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
- Global Hydraulic Dosing Pump Market, By Type:
- Diaphragm Pumps
- Piston Pumps
- Global Hydraulic Dosing Pump Market, By Pressure:
- Up to 25 Bar
- 25-100 Bar
- Above 100 Bar
- Global Hydraulic Dosing Pump Market, By End User:
- Water & Wastewater Treatment
- Oil & Gas
- Pharmaceuticals
- Chemicals
- Others
- Global Hydraulic Dosing Pump Market, By Region:
- Asia-Pacific
- China
- Japan
- India
- Australia
- Singapore
- North America
- United States
- Canada
- Mexico
- Europe
- United Kingdom
- Germany
- France
- Spain
- Italy
- Middle East & Africa
- Israel
- Qatar
- Saudi Arabia
- UAE
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the global hydraulic dosing pump market.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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