Dosing Pumps Market to Cross $8.99 billion by 2026, At a CAGR of 5.4%

Global Dosing Pumps market was valued at $5.90 billion in 2018 and projected to reach $8.99 billion by 2026, growing at a CAGR of 5.4% from 2019 to 2026. The global dosing pumps market is expected to witness considerable growth owing to the rise in demand from countries such as China, Japan, South Korea and India. In coming years, India and China are anticipated to use Dosing Pumps owing to rising demand from chemical processing and pharmaceutical industries for wastewater treatment, and others.

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Oil & gas industry is expected to be another potential sector, which is not fully explored, for dosing pumps in terms metering application. Instances like growing government efforts to commercially exploit coal bed methane with substantial investment by governments of China, the U.S., and Japan is set to impact the global Dosing Pumps market growth during the forecast period. Development in the field of coal bed methane is one of the recent Dosing Pumps market trend which expected to open up new growth opportunities during the forecast period.

On the basis of pump type, diaphragm pump is the major dosing pumps market share holder in 2018 and it is expected to be the largest one by the end of the forecast period of 2019-2026. One of the simple and required features that makes diaphragm pump unique is that it is leak free and therefore suitable for highly aggressive toxic media. Such pumps are known as maintenance free and fault free that assure optimum operational efficiency.

On the basis of application, the dosing pumps market size for water & wastewater treatment segment is the largest one in 2018 over other segment. Since the fact that dosing pumps are made to deal with large quantities of fluid that makes them highly usable in water related applications. These systems are known for disinfection, pH level maintenance, filtration, pathogen removal, and reverse osmosis applications in this sector.

Market players operating and profiles in the global dosing pumps market include Blue-White Industries, EMEC s.r.l., Grundfos Holding A/S, Idex Corporation, NetzschPumpenSysteme GmbH, Nikkiso Co., Ltd, ProMinent GmbH, SekoSpA, SPX Flow, Inc., and W.E.S. Ltd. Most of the players operating in this market are mid-scale players and the market as whole at global level is clearly lacking in the continual product innovation of custom products. There would be a penetration of tier-1 manufactures in this market over the coming years that may gain expertise in customized dosing pumps manufacturing more inclined toward consumer convenience.

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Key Findings of the Dosing Pumps Market :

• Based on pump type, the diaphragm pump segment emerged as the global leader by acquiring around 35% market share in 2018, and it is anticipated to be the largest market during the forecast period
• Based on application, the water and wastewater segment is the largest revenue generating segment in 2018 as Dosing Pumps deals with large fluid volume application
• Asia-Pacific is the major consumer of Dosing Pumps among other regions. It is accounted for around 40% of the global market share in 2018 as a result of robust industrialization and growing need for water treatment plants across the region.
• Technological development and its incorporation in the global Dosing Pumps Market is giving a birth to the products like digital dosing pumps which is further developing the growth trajectory of this market
• Rise in efforts to exploit coal bed methane reserves at global level projected to offer numerous growth opportunities to this market during the forecast period. This is due to the increase in use of metering pumps in the oil & gas application.
• The global Dosing Pumps market forecast is provided by analyzing various macro and micro economic factors, technological evolution, and industrial growth across all the industry verticals.

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