The global metering pumps market size is projected to grow from USD 6.6 billion in 2022 to USD 8.2 billion by 2027, at a CAGR of 4.4% during the forecast year. Metering pumps are designed for dosing applications to move fluids at highly precise rates over a certain period with accuracy. These pumps are the backbone of every chemical process industry and are used for various applications due to their specific and unique operations. They are used for chemical injection or chemical dosing in pressurized or non-pressurized fluid streams. Some major end-use industries of metering pumps are water treatment, petrochemical and oil & gas, chemical processing, pharmaceutical, food & beverage, and pulp & paper. Factors such as stringent government regulations regarding water treatment, growth of chemical, and petrochemical and oil & gas industries, double-digit growth of the pharmaceutical industry in developing countries, and the demand for digital pumping solutions are driving the metering pumps market
The global metering pumps market is competitive with the key players being LEWA (Germany), IDEX Corporation (US), Dover Corporation (US), Ingersoll Rand (US), ProMinent (Germany), Grundfos (Denmark), Watson-Marlow Fluid Technology Group (UK) and SEKO (Italy), among others.
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IDEX Corp. offers engineering services. Fluid and metering technologies, health and science technologies, and fire and safety or diverse products are the three segments through which it works. Displacement pumps, valves, flow meters, injectors, and fluid-handling pump modules and systems are all part of the Fluid and Metering Technologies segments product line. The design, manufacturing, and distribution of precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems for the beverage, food, pharmaceutical, and cosmetic industries, pneumatic components, and sealing solutions are all included in the Health and Science Technologies segment. The companys headquarters are in Northbrook, Illinois, and it was established on September 24, 1987.
ProMinent Gmbh is a partner for water treatment solutions and a producer of metering components and systems. Through cutting-edge products, a distinctive and thorough grasp of processes, and a strong application focus, ProMinent provides useful solutions for a range of sectors. With this, ProMinent serves its clients needs for safety, effectiveness, and environmental preservation around the globe. Germanys Heidelberg serves as the companys headquarters. More than 2,700 workers work for around 50 of their own sales and service businesses, together with 11 manufacturing facilities, to offer customized solutions and services to business clients in about 100 different countries.
Ingersoll Rand, Inc. offers a wide selection of mission-critical air, fluid, energy, specialized vehicle, and medical technologies, as well as services and solutions to boost industrial productivity and efficiency. It functions through the following sections: High-Pressure Solutions, Specialty Vehicle Technologies, Precision and Science Technologies, and Industrial Technologies and Services. Various compression and vacuum equipment, as well as fluid transfer equipment, loading systems, power tools, and lifting equipment, are designed, manufactured, marketed, and serviced by the Industrial Technologies and Services section. For the medical, laboratory, industrial manufacturing, water and wastewater, chemical processing, energy, food and beverage, agriculture, and other markets, the Precision and Science Technologies segment designs, manufactures and markets a variety of positive displacement pumps, fluid management equipment, and aftermarket parts.
The companies have initiated the following developments:
Metering Pumps Market Type (Diaphragm, Piston/Plunger), End-Use Industry (Water Treatment, Petrochemicals, Pharmaceuticals, Oil & Gas, Food & Beverages, Automotive), Pump drive (Motor, Solenoid, Pneumatic) and Region - Global Forecast to 2027
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