New York City, NY -- (SBWIRE) -- 09/11/2020 -- 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.
In terms of type, the metering pump market is categorized into piston, diaphragm, and others, out of which, the diaphragm category is projected to account for the largest share of the market in the coming years. This can be attributed to the fact that these metering pumps offer various advantages over their counterparts, such as their ability to pump liquids that have much higher viscosity. In addition to this, diaphragm pumps can also handle abrasive, flammable, and corrosive liquids.
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This market research report provides a comprehensive overview of the metering pump market
* Major factors driving the market and their impact during the short, medium, and long terms
* Market restraints and their impact during the short, medium, and long terms
* Recent trends and evolving opportunities for the market participants
* Historical and the present size of the market segments and understand their comparative future potential
* Major players operating in the market and their service offerings
* Recent strategic developments by the major players in the market
Players operating in the domain are increasingly engaging in mergers and acquisitions for expanding their consumer base and product portfolio. For example, Dover Corporation announced regarding its plants to acquire a company that manufactures flow measurement devices for several applications, Em-tec GmbH, in March 2020. With this move, the former company is aiming to improve its product portfolio of flow control technologies and increase its consumer base across health-related industries.
Browse report overview with detailed TOC on "Metering Pump Market Research Report: By Type (Diaphragm, Piston), End User (Water Treatment, Petrochemicals, Oil and Gas, Chemical Processing, Pharmaceuticals, Food and Beverage, Pulp and Paper) - Global Industry Analysis and Growth Forecast to 2030" at:https://www.psmarketresearch.com/market-analysis/metering-pump-market
Some other major companies in the metering pump market are Spirax-Sarco Engineering plc, SEKO S.p.A., Verder International B.V., Grundfos Pumps Corporation, IDEX Corporation, LEWA GmbH, Ingersoll Rand plc, ProMinent GmbH, and Blue-White Industries Ltd.
The research includes detailed analysis of;
Based on Type
* Diaphragm
- Metallic
- Polytetrafluoroethylene (PTFE)
*Piston
Based on End User
* Water Treatment
* Petrochemicals
* Oil and Gas
* Chemical Processing
* Pharmaceuticals
* Food and Beverage
* Pulp and Paper
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