Global Peristaltic Pumps Market Trends And Strategies Of Major Players In The Peristaltic Pumps Market 2021-2030
8 Jun, 2021
The peristaltic pumps market consists of sales of peristaltic pumps by entities (organizations, sole traders and partnerships) that manufacture peristaltic pumps. A peristaltic pump, also known as a roller pump, is a positive displacement pump that moves the fluid at a constant speed regardless of pressure at inlet end and can be used to pump a wide range of fluids. The fluid is stored within a flexible hose or tube fitted inside the pump casing.
Global Peristaltic Pumps Market Size And Drivers:
The global peristaltic pumps market is expected to grow from $1.24 billion in 2020 to $1.36 billion in 2021 at a compound annual growth rate (CAGR) of 9.6%. The growth is mainly due to growing application of peristaltic pumps in medical, food and beverages, chemical processing industries and increase in investments in water and wastewater treatment sector. The peristaltic pumps market is expected to reach $1.88 billion in 2025 at a CAGR of 8.36%. The increasing need for wastewater treatment is expected to fuel the growth of the peristaltic pumps market in the forecast period.
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Trends In The Global Peristaltic Pumps Market
The technological advancements are shaping the peristaltic pumps market. Peristaltic pumps manufacturing companies are focusing on developing innovative technological solutions for peristaltic pumps with increased accuracy, and ability to pump fluids at low pressures. For instance, in January 2020, a US based Cole-Parmer Instrument Company, LLC launched Reglo Peristaltic Pump Series that are built to be extremely accurate low-flow (100 mL/min) models with MasterflexLive technology and compliant with 21 CFR Part 11 and EU Annex 11 regulations. The combination of features intends to provide a fluid handling experience that is connected, responsive, strong, and stable.
Global Peristaltic Pumps Market Segments:
The global peristaltic pumps market is further segmented based on type, product type, discharge capacity, end user and geography.
By Type: Peristaltic Tube Pumps, Peristaltic Hose Pumps
By Product Type: Fixed Speed Pumps, Variable Speed Pumps
By Discharge Capacity: Up to 30 psi, 30-50 psi, 50-100 psi, 100-200 psi, Above 200 psi
By End-User: Pharmaceutical And Medical, Water And Wastewater Treatment, Food And Beverage, Chemical Processing, Mining, Pulp And Paper, Others
By Geography: The global peristaltic pumps market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in peristaltic pumps market in 2020.
Read More On The Report For The Global Peristaltic Pumps Market At:https://www.thebusinessresearchcompany.com/report/peristaltic-pumps-global-market-report
Peristaltic Pumps Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides peristaltic pumps market overviews, analyzes and forecasts market size and growth for the global peristaltic pumps market, peristaltic pumps market share, peristaltic pumps market players, peristaltic pumps market segments and geographies, peristaltic pumps market’s leading competitors’ revenues, profiles and market shares. The peristaltic pumps market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.