Metering Pump Market Size, Growth Is Expected To Grow At Highest CAGR From 2019 To 2023
Market Research Future has Published a Half-Cooked Research Report on the Global Metering Pump Market.
Overview
A metering pump helps in the accurate measurement of the volumetric flow rate by moving a precise volume of liquid in a specified period. They are ideally suited for pumping a wide of liquids across diverse industry verticals where precise flow rate is essential. The global metering pumps market has gained traction in recent years and stood at USD 3.70 Bn in 2016. Market Research Future (MRFR) has identified some key trends and factors governing the global metering pumps market in its latest study and has projected a CAGR of 6.5% over the forecast period of 2016-2023. MRFR has further asserted that the market would reach USD 5.30 BN by the end of 2023.
Metering pumps are also referred to as chemical dosing pumps or chemical injection pumps owing to their extensive usage in the chemical industry. Metering pumps are used to pump chemicals, solutions, and other liquids. Metering pumps are invariably used in high-pressure chromatography which is one of the key factors driving the growth of the market. Metering pumps are able to move liquids ranging from thick to thin and can very well control the flow rate. Moreover, they are suitable for moving liquids that are corrosive, expensive, or hazardous. Expansion of the chemical industry bodes well for the metering pumps market.
The waste and wastewater industry is also responsible for generating considerable demand within the metering pumps market. Metering pumps facilitate accurate delivery of chemical additives in the water treatment process. In the food industry, they are used for the blending of liquids in food processing plants. Metering pumps are essential in the beverage industry for dosage/injection purpose. Stringent regulatory norms pertaining to safety of drinking water, and increased quality standards in the food industry is also auguring well for the metering pumps market. Metering pumps are also used for oil & gas applications. They aid in the reduction of frictional losses while moving oil or liquid natural gas in pipelines.
Introduction of advanced and improved metering pumps have also aided the growth of the metering pumps market significantly. Such pumps integrate digital technologies and have improved the monitoring capabilities of metering pumps. They have resulted in reduced maintenance and improved process control.
Access Report Details @ https://www.marketresearchfuture.com/reports/metering-pump-market-2913
Segmentation
The global metering pumps market has been segmented based on type and application.
By type, the metering pumps market has been segmented into diaphragm and piston.
By application, the water & wastewater treatment, petrochemical, chemical, oil & gas, and others.
Competitive Landscape
Injection Technical Control Incorporation (Spain), Prominent Dosiertechnik GmbH (Germany), Milton Roy Company (U.S.), Seko S.P.A. (Italy), IDEX Corporation (U.S.), Swelore Engineering Private Limited (India), Mcfarland-Tritan LLC (U.S.), SPX Flow Technology Norderstedt GmbH (Germany), Lewa GmbH (Germany), and Seepax GmbH (Germany) are the eminent players in the metering pumps market.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Company Name: Market Research Future
Email: sales@marketresearchfuture.com
Address: Market Research Future Office No. 528,
Amanora Chambers Magarpatta, Road, Pune, India.,
Phone: +1 646 845 9312
Overview
A metering pump helps in the accurate measurement of the volumetric flow rate by moving a precise volume of liquid in a specified period. They are ideally suited for pumping a wide of liquids across diverse industry verticals where precise flow rate is essential. The global metering pumps market has gained traction in recent years and stood at USD 3.70 Bn in 2016. Market Research Future (MRFR) has identified some key trends and factors governing the global metering pumps market in its latest study and has projected a CAGR of 6.5% over the forecast period of 2016-2023. MRFR has further asserted that the market would reach USD 5.30 BN by the end of 2023.
Metering pumps are also referred to as chemical dosing pumps or chemical injection pumps owing to their extensive usage in the chemical industry. Metering pumps are used to pump chemicals, solutions, and other liquids. Metering pumps are invariably used in high-pressure chromatography which is one of the key factors driving the growth of the market. Metering pumps are able to move liquids ranging from thick to thin and can very well control the flow rate. Moreover, they are suitable for moving liquids that are corrosive, expensive, or hazardous. Expansion of the chemical industry bodes well for the metering pumps market.
The waste and wastewater industry is also responsible for generating considerable demand within the metering pumps market. Metering pumps facilitate accurate delivery of chemical additives in the water treatment process. In the food industry, they are used for the blending of liquids in food processing plants. Metering pumps are essential in the beverage industry for dosage/injection purpose. Stringent regulatory norms pertaining to safety of drinking water, and increased quality standards in the food industry is also auguring well for the metering pumps market. Metering pumps are also used for oil & gas applications. They aid in the reduction of frictional losses while moving oil or liquid natural gas in pipelines.
Introduction of advanced and improved metering pumps have also aided the growth of the metering pumps market significantly. Such pumps integrate digital technologies and have improved the monitoring capabilities of metering pumps. They have resulted in reduced maintenance and improved process control.
Access Report Details @ https://www.marketresearchfuture.com/reports/metering-pump-market-2913
Segmentation
The global metering pumps market has been segmented based on type and application.
By type, the metering pumps market has been segmented into diaphragm and piston.
By application, the water & wastewater treatment, petrochemical, chemical, oil & gas, and others.
Competitive Landscape
Injection Technical Control Incorporation (Spain), Prominent Dosiertechnik GmbH (Germany), Milton Roy Company (U.S.), Seko S.P.A. (Italy), IDEX Corporation (U.S.), Swelore Engineering Private Limited (India), Mcfarland-Tritan LLC (U.S.), SPX Flow Technology Norderstedt GmbH (Germany), Lewa GmbH (Germany), and Seepax GmbH (Germany) are the eminent players in the metering pumps market.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Company Name: Market Research Future
Email: sales@marketresearchfuture.com
Address: Market Research Future Office No. 528,
Amanora Chambers Magarpatta, Road, Pune, India.,
Phone: +1 646 845 9312
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