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Dosing Systems Market worth $5.3 Billion by 2019
The report “Dosing Systems Market by Pump Type (Diaphragm, Piston, and Others), by Application (Water and wastewater treatment, Oil & Gas, Chemical Processing, Pharmaceuticals, Paper & Pulp, Food & Beverages, and Others), & Region - Global Trends and Forecasts to 2019” defines and segments the dosing systems market with an analysis and forecast of the global market size.
Browse 64 market data tables and 41 figures spread through 149 pages and in-depth TOC on “Dosing Systems Market by Pump Type (Diaphragm, Piston, and Others), by Application (Water and wastewater treatment, Oil & Gas, Chemical Processing, Pharmaceuticals, Paper & Pulp, Food & Beverages, and Others), & Region - Global Trends and Forecasts to 2019"
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The dosing systems market is likely to grow reasonably in the upcoming years. The growing importance being given to water and wastewater treatment by central governments is triggering the demand for dosing systems and driving its market. In addition, customized state-of-the-art technology that reduces risk, increases efficiencies, and maximizes production is being provided by dosing systems manufacturers to meet the demands of end-users. This increases the demand for high competent dosing systems in the market to reduce risks associated with this market.
The major drivers of the dosing systems market include increase in production rate of pharmaceuticals and chemical processing companies, increased water and wastewater treatment, and rapid urbanization & industrialization. Lack of greenfield investments and slowing European economies are the major restraints of the dosing systems market. Meanwhile, Asia-Pacific held the major market share in the global dosing systems market in 2014.
The market has been estimated from the demand point of view. This report breaks the market into smaller service segments. In order to provide a deeper understanding of the competitive landscape, 11 companies in the dosing systems market have been profiled.
Dosing Systems Market Size, 2012–2019
Source: MarketsandMarkets Analysis
The global dosing systems market was expected to be valued at $4.1 Billion in 2014. This value is estimated to increase to $5.3 Billion by 2019, at a CAGR of 5.0% during the forecast period. Asia- Pacific was expected to lead the global dosing systems market with a share of about 40% in 2014.
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