Metering pumps are accuracy devices used to accurately control the flow rate of liquids, typically in industrial processes. These operate by frequently displacing a specific volume of fluid and are crucial in applications where precise dosing or mixing of chemicals, additives, or other liquids is required, ensuring consistency and control. Moreover, metering pumps are often piston-driven positive displacement pumps that use the piston to displace the fluid in the reservoir chamber. The principle of a metering pump is to control the amount of liquid that can be moved for a process. Their accuracy guarantees that the precise measured amount added at the right time.

METERING PUMP MARKET: REPORT SCOPE & SEGMENTATION

Global Metering Pump Market Drivers:

• Growing Demand of Metering Pumps in Various End Use Industries

The growing use of the metering pumps across the various end-user industries such as pharmaceutical, water & wastewater, food & beverage, oil & gas, chemical, others. They are widely used in the oil and gas industries, and the pharmaceutical industries, which significantly raises product demand and hence market growth. The growing awareness about the advantages of metering pumps. In addition, focused on automation to reduce lead times, waste, and spontaneous downtime while also confirming the safety of the environment and workers. Metering pumps are positive displacement pumps that move a constant amount of fluid under pressure. These pumps can also handle a wide range of viscosities and pressures. Thus, demand of metering pumps market is increasing.

Opportunities:

• Increasing Industrial operational and increasing demand for digital pumps

Increasing metering pumps industrial operational and increasing demand for digital pumps will create growth opportunities for the global market. Metering pumps are widely used in the water and wastewater treatment industries for precision chemical dosing, which is utilized to purify water by removing hazardous toxins, pathogens, and impurities. Additionally, metering pump is used as positive displacement to release a precise amount of a liquid with each of its strokes. For example, centrac is a new generation metering pump that features higher accuracy and a greater turndown ratio of 100:1. Its used for the industrial operation. Furthermore, digital meter is used for reading in digits on any digital display like LCD or LED. Therefore, will increasing growth of the global metering pump market demand in the forecast period.

Restraints:

• Growing Customization Demands

Metering pump needs in various industries vary depending on the application. The flow rate and discharge pressure must be modified depending on the dosage necessary. Due to local producers are often unable to create customized things due to a lack of technology and competence. Furthermore, Growing complexities in design, supply chain management and manufacturing. These customizations need while maintain cost effectiveness and reliability poses. This is likely to hamper the growth of the global metering pump market.

Segment Overview

By Type

Based on type, the global metering pump market is divided into peristaltic pumps, diaphragm pumps, piston pumps, plunger pumps, others The diaphragm pumps segment dominated the metering pump market with the largest revenue share in 2022. This due to diaphragm pump uses a diaphragm made up of flexible materials such as rubber or plastics as an alternative of the piston to transfer fluids. In addition, the diaphragm metering pump is compressed and depressed to bring the liquid into the pumping chamber and expel it. Significantly like a piston pump, the movement of the diaphragm creates suction or a vacuum to pull the fluid in through the inlet valve. Furthermore, main advantages of diaphragm pumps include their ability to handle an extensive range of fluids, including viscous and abrasive fluid. These pumps versatility, reliability, and ability to handle challenging fluids make them a valuable choice for handling a extensive range of fluids in water & wastewater treatment, pharmaceutical, and chemical processing industries. Therefore, increasing demand of this segment in the global market.

By End Use

Based on end use, the global metering pump market is divided into pharmaceutical, water & wastewater, food & beverage, oil & gas, chemical, others. The water & wastewater segment dominated the metering pump market in 2022, owing to the Water treatment requires a number of steps that require precise dosage of certain chemicals to eliminate pollutants. It contains an injection of chemicals such as chlorine and pH adjusters to make water safe and potable. Moreover, the need for potable and pH-stable water supply has increased dramatically as cities and industries have grown. Metering pumps are mostly utilized in water treatment operations to optimize drinking water quality by dosing the exact amount of chemicals required. Thus, driving demand of this segment in the metering pump market.

Global Metering Pump Market Overview by Region

Asia Pacific dominated the metering pump market in 2022. This is attributed to speedy industrialization and urbanization and rising demand for fluid handling & safe drinking water in various countries, including China and India. Water and wastewater treatment, chemical, and food processing industries are expanding rapidly throughout Asia Pacific as urbanization and per capita income rise. Governments are increasing their investments in the pharmaceutical, food and beverage, and water and wastewater treatment businesses in the region. Furthermore, the continuous expansion of end-use industries such as chemical and oil & gas exploration industry is expected to generate more demand for fluid handling equipment. As a result, increasing demand of the global metering pump in this region.

Global Metering Pump Market Competitive Landscape

In the global metering pump market, a few major players exert significant market dominance and have established a strong regional presence. These leading companies remain committed to continuous research and development endeavors and actively engage in strategic growth initiatives, including product development, launches, joint ventures, and partnerships. By pursuing these strategies, these companies aim to strengthen their market position, expand their customer base, and capture a substantial share of the market.

Some of the prominent players in the global metering pump market include IDEX Corporation; Ingersoll Rand; Dover Corporation; ProMinent; Grundfos Holding A/S; SEKO S.P.A.; Milton Roy Company; SPX Flow Technology Norderstedt GmbH; Verder Group; Yamada Corporation; LEWA GmbH; Moyno Inc.; Nikkiso Co., Ltd.; Swelore Engineering Pvt. Ltd.; Wanner Engineering, Inc. and others.

Global Metering Pump Market Recent Developments

• In July 2023, Grundfos Holding A/S acquired Metasphere, a leading smart sewer solutions provider. This acquisition is anticipated to help the company expand its product offerings within pumps and hydraulic segment.
• In September 2022, Verder Liquids has introduced the Verderflex Ds500, an innovative dosing and metering pump with IoT functionality. This innovative pump is designed to improve accuracy and reduce operational costs in chemical dosing applications.
• In March 2022, Graco expanded its SoloTech hose pump line, which includes models for hygienic applications and additional sizes for industrial installations. These pumps are intended for slurries, solids, and abrasives in hygienic applications or to pump caustic, abrasive, or sensitive fluids in industrial installations.

Scope of the Global Metering Pump Market Report

Metering Pump Market Report Segmentation

Objectives of the Study

The objectives of the study are summarized in 5 stages. They are as mentioned below:

• Global Metering Pump Market Size and Forecast: To identify and estimate the market size for the global metering pump market segmented by type, by end user & region and by value (in U.S. dollars). Also, to understand the consumption/ demand created by consumers of metering pump between 2019 and 2031.
• Market Landscape and Trends: To identify and infer the drivers, restraints, opportunities, and challenges for the global metering pump market
• Market Influencing Factors: To find out the factors which are affecting the sales of metering pump among consumers
• Impact of COVID-19: To identify and understand the various factors involved in the global metering pump market affected by the pandemic
• Company Profiling:  To provide a detailed insight into the major companies operating in the market. The profiling will include the financial health of the company's past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.

Intended Audience

• Business Executives
• Industry Professionals
• Academic and Research Institutions
• Startups and Entrepreneurs
• Governments, Associations, and Industrial Bodies
• Investors and Trade Experts