DUBLIN, Oct. 07 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/kd9n72/metering_pump) has announced the addition of the "Metering Pump (Dosing/Chemical Injection) Market by Type (Diaphragm, Plunger/Piston) and Application (Water Treatment, Petrochemicals, Oil & Gas, Chemical Processing, Pharmaceutical, Food & Beverages, Pulp & Paper) - Global Forecasts to 2020" report to their offering.
The market for metering pump is projected to register a CAGR of 6.3% during the forecast period and reach USD 4.96 Billion by 2020.
The global chemical injection (metering /dosing) pump market is witnessing steady growth on an account of increasing infrastructure expenditure and increasing demand for accuracy & efficiency in chemical processes globally, especially in the Asia-Pacific region. It accounts for a major market share followed by Europe and North America. In terms of countries, China dominates the Asia-Pacific region on an account of its developing economy and expanding investment for infrastructure development, which makes it the largest end-user of chemical injection/metering pumps.
Diaphragm pumps are most widely used in dosing system and accounted for the major market share in 2014. With national governments emphasizing on the need for treatment of wastewater, the demand for dosing pumps in the sector has increased substantially.
Water treatment, petrochemicals, oil & gas, chemical processing, pharmaceuticals, food & beverages, pulp & paper, and others are the key applications of metering pumps. Among these, water treatment is estimated to remain the dominant application of metering pumps with its steady growth rate. The metering pumps market is projected to grow at a high growth rate in next five years driven by the increasing demand for environmentally friendly wastewater disposal and increasing investment in modernization of infrastructure. Asia-Pacific, with its developing economies and rapidly expanding manufacturing bases, is expected to witness the highest CAGR in terms of value during the next five years.
Globally, Asia-Pacific accounted for the largest share in the metering pump market in 2014, followed by Europe and North America. China was the largest market globally which accounted for over 20% of the global market in terms of value in 2014 and is expected to register the higher growth rate. The U.S., Germany, and India have also accounted for a significant share of metering pumps market in 2014.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Metering Pump Market, By Type
8 Metering Pump Market, By Application
9 Metering Pump Market, By Region
10 Competitive Landscape
11 Company Profiles
- Idex Corporation
- Injection Technical Control Incorporation (ITC, S.L.)
- Lewa GmbH
- Mcfarland-Tritan LLC
- Milton Roy Company
- Prominent Dosiertechnik GmbH
- SPX Flow Technology Norderstedt GmbH
- Seepax GmbH
- Seko S.P.A.
- Swelore Engineering Private Limited
For more information visit http://www.researchandmarkets.com/research/kd9n72/metering_pump
Media Contact: Laura Wood , +353-1-481-1716, email@example.com
SOURCE Research and Markets