Rising Demand for Metering Pumps in Midstream Oil & Gas Industry Is Playing a Major Role in the Growth of the Metering Pump Market
As per a study conducted by P&S Intelligence, the global metering pump market is projected to reach a value of $6.8 billion by 2030, and it is expected to advance at a 3.9% CAGR during the time period 2020–2030. The market is registering growth due to the increasing demand for metering pumps from the oil & gas industry and strict government regulations regarding water treatment.
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