The global metering pumps market size was worth around USD 6.85 Billion in 2023 and is predicted to grow to around USD 10.10 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 4.40% between 2024 and 2032.
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The global metering pumps market report also includes a full value chain analysis to provide a comprehensive industry overview. Furthermore, the analysis incorporates Porter’s Five Forces model of the metering pumps market to better understand its competitive environment. The study offers an examination of the market’s attractiveness across all segments.
Meter pumps may move a specific amount of fluid over a set length of time while also delivering changeable and accurate flow rates. The global market for metering pumps is expected to increase significantly in the next years as emerging economies throughout the world want ecologically friendly wastewater removal. Furthermore, increased investments in infrastructure modernization are expected to fuel the global market for metering pumps.
A number of end-use sectors, including water treatment, chemical processing, oil and gas, pharmaceuticals, pulp and paper, and food and beverage, are expected to increase their use of metering pumps, contributing to the growth of the global metering pump market over the forecast period.
The advent of digital technologies that lower the total cost of ownership, together with increased infrastructure investments and rigorous government controls, is expected to have a positive impact on the global metering pump industry. However, fluctuating raw material prices can be an impediment to the sector’s progress. Manufacturing firms are focusing on the creation of innovative products, which is expected to offer up new opportunities for growth in the metering pump market in the coming years.
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The Global Metering Pumps Market is segmented based on product, application and region
Global Metering Pumps Market: Product Segment Analysis
● Diaphragm
● Piston/Plunger
● Others
Global Metering Pumps Market: Application Segment Analysis
● Water Treatment
● Petrochemicals
● Oil and Gas
● Chemical Processing
● Pharmaceuticals
● Food and Beverages
● Pulp and Paper
● Others
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The global Metering Pumps market profiles key players such as:
● ProMinent
● Milton Roy
● LEWA
● IDEX Corporation
● SEKO
● Grundfos
● Dover Corporation
● Verder Group
● Watson-Marlow Fluid Technology Group
Metering Pump Market: Regional Analysis
In terms of geography, Asia Pacific dominated the global market for metering pumps in 2024. This increase can be traced back to the region’s water treatment industry, which generates huge product demand. Furthermore, Asia Pacific is expected to be the fastest-growing market for metering pumps in the next years. This is owing to rising demand for metering pumps, particularly in the chemical processing, food and beverage, and oil and gas industries. The growth of the chemical processing and food sectors is expected to be the key drivers of the North American metering pump market during the forecast period.
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