How Has The Metering Pumps Market Size Evolved In Recent Years?
The metering pumps market has seen considerable growth due to a variety of factors.
• In recent times, there has been a substantial expansion in the size of the metering pumps market. This market, which was valued at $6.33 billion in 2024, is anticipated to expand to $6.69 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.6%. The remarkable growth during the historic period is associated with industrial progression, an emphasis on efficiency, an increase in the chemical processing sector, the need for exact fluid control, and the adoption of automation and control systems.
What Is The Forecast For The Metering Pumps Market?
The Metering Pumps market is expected to maintain its strong growth trajectory in upcoming years.
• It's anticipated that the metering pumps market will experience significant expansion in the coming years, increasing to an estimated $8.48 billion by 2029 with a CAGR of 6.1%.
This projected growth during the forecast period can be linked to several factors such as the digitization of industries, expansion of the chemical industry, emphasis on pharmaceutical manufacturing, the adaptation of IoT and remote tracking, and a shift towards more sustainable solutions. Key trends for the forecast period comprise of modularity and customization, enhanced connectivity and integration, a focus on efficiency and accuracy, a shift towards environmentally-friendly solutions, as well as the development of more compact and portable models.
What Are The Essential Drivers Behind The Growth Of The Metering Pumps Market?
The growing need for a reliable water supply in numerous sectors is predicted to boost the metering pumps market in the upcoming years. Sustainable water supply involves developing reliable and strong strategies to meet varying human water needs without depleting water resources, harming the local economy, or causing long-term environmental damage. The adoption of water conservation tactics through intelligent water metering can result in financial savings and less diversion of water from rivers, bays, and estuaries, thus contributing to ecological health. For example, in February 2022, BASF, a German chemical manufacturer, noted that out of their total water abstraction of 1695 million cubic meters, reused water covered 78.5% of the water demand. Therefore, the growing emphasis on wastewater treatment is anticipated to stimulate the demand for metering pumps.
How Is The Global Metering Pumps Market Divided Into Key Segments?
The metering pumps market covered in this report is segmented –
1) By Type: Diaphragm, Piston Or Plunger, Other Types
2) By Sales: Direct, Distribution Channel
3) By End-Use Industry: Water Treatment, Petrochemicals And Oil And Gas, Automotive, Chemical Processing, Pharmaceuticals, Food And Beverage, Pulp And Paper, Textile, Other End-Use Industries
Subsegments:
1) By Diaphragm: Single Diaphragm Pumps, Double Diaphragm Pumps
2) By Piston Or Plunger: Single-acting Piston Pumps, Double-acting Piston Pumps
3) By Other Types: Peristaltic Pumps, Gear Pumps, Screw Pumps
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What Trends Are Reshaping The Future Of The Metering Pumps Market?
The metering pumps market is observing a significant trend where technological advancement is being highly embraced. Firms in this industry are keen on exploiting connected technologies and data analytics to create superior and more energy-efficient metering pumps. SEKO, an American chemical dosing pump manufacturer, revealed the advent of KommBox in May 2022 as a prime example of this. This device, which physically links to suitable SEKO metering pumps, permits internet connection and offers operators the flexibility to remotely supervise and control their process. KommBox enables users to have a holistic view of their costs, adjust programming, track system performance and real-time chemical use, and scrutinize earlier data.
Who Are the Key Players In The Metering Pumps Market?
Major companies operating in the metering pumps market include:
• LEWA GmbH
• Ingersoll Rand
• Dover Corporation
• ProMinent GmbH
• Grundfos Pumps Corporation
• SEKO S.p.A.
• Watson-Marlow Fluid Technology Group
• Blue-White Industries Ltd.
• SEEPEX GmbH
• Swelore Engineering Private Limited
• Cole-Parmer Instrument Company LLC
• AxFlow Holding AB
• Milton Roy Company
• SPX Flow Technology Norderstedt GmbH
• Verder Group
• Ecolab Engineering GmbH
• Nikkiso Co. Ltd.
• Erich NETZSCH GmbH & Co. Holding KG
• Neptune Chemical Pump Company
• Lutz -JESCO Corp.
• Graco Inc.
• Flowrox Oy
• Pulsafeeder Inc.
• Tohkemy Corporation
What Are The Regional Insights Into The Metering Pumps Market?
North America was the largest region in the metering pumps market in 2024. Asia-Pacific is expected to be the fastest-growing region in the metering pumps market report during the forecast period. The regions covered in the metering pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
