Hydraulic Dosing Pump Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Type (Diaphragm Pumps and Piston Pumps), By Pressure (Up to 25 Bar, 25-100 Bar and Above 100 Bar), By End User (Water & Wastewater Treatment, Oil & Gas, Pharmaceuticals, Chemicals and Others), By Region, Competition
Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Water and Waste Management | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationHydraulic Dosing Pump Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented By Type (Diaphragm Pumps and Piston Pumps), By Pressure (Up to 25 Bar, 25-100 Bar and Above 100 Bar), By End User (Water & Wastewater Treatment, Oil & Gas, Pharmaceuticals, Chemicals and Others), By Region, Competition
Global Hydraulic Dosing Pump market is predicted to proliferate during the forecast period 2024-2028, owing to increasing investments in the water & wastewater treatment industry, growing demand from the chemical industry, and strict government policies regarding water treatment, among others, across the globe.
A dosing pump is a type of positive displacement pump, used to inject chemicals or other materials into streams of water, gas, or steam. Dosing pumps, which are often small, offer a very accurate flow rate for maximum control. They serve as the central part of an integrated dosing system built for the chemical industry's autonomous dispersion of substances. From wastewater treatment to food processing, this dosing is applicable to a wide range of applications and industries.
Dosing pumps, also known as chemical metering pumps, are utilized in industrial plants, agricultural, manufacturing facilities, medical labs, and mining activities, in addition to the water treatment and food sectors. A pH-neutralizing chemical or acid may be added to a water storage tank using a chemical feed pump. A chemical dosing pump is designed to function under difficult conditions, such as high-temperature and high-pressure.
The global market for hydraulic dosing pumps is anticipated to expand fast throughout the forecast period, as a result of the rising demand for these pumps in the chemical, industrial, water purification, and power generation industries. The market's expansion is anticipated to be supported by the growing adoption of smart dosing technologies across several industries. Additionally, increased investment, rising living standards globally, and the expansion of the international economy, have all contributed to the expansion of urbanization. This should generate profitable opportunities for the market for hydraulic dosing pumps across the globe in the projected period 2024-2028F.
Various Growth Factors of Hydraulic Dosing Pumps to Enhance the Market in the Upcoming Years
The market for hydraulic dosing pumps is expanding as a result of a number of factors, including rising demand from the chemical industry, an increase in the need for potable water, high product acceptability in emerging nations, and increasing adoption of these pumps for the treatment of water and wastewater. The availability of inexpensive, low-quality pump goods and the increasing demand from customers for customized items are, however, hampering market growth. Another issue that is projected to hinder the growth of the hydraulic dosing pump market in the forecast period is the pump pulsation due to its operating pressure. In the upcoming years, there are expected to be tremendous potential prospects for the hydraulic dosing pump market due to the increasing adoption of smart dosing technologies and the expansion of refining capacity in the Asia Pacific and the Middle East regions.
Water and Wastewater Treatment Industry and Chemical Industry are Likely to Propel the Demand for Hydraulic Dosing Pump Across the Globe
Growing investment in water and wastewater treatment, as well as rising demand from the chemical sector for hydraulic dosing pumps, are some of the major factors projected to propel market growth over the upcoming years. Additionally, it is anticipated that the oil and gas industry is going to be a major driver of a rise in demand for hydraulic dosing pumps. Additionally, it is projected that the adoption of smart dosing technologies in conjunction with expanded refining capacity is expected to be a favorable factor for the global market for hydraulic dosing pumps. The growth of the global economy, higher living standards, and more investments, have caused an acceleration in the development of urban infrastructure as well as urban planning. As a result, it is projected that during the next years, there is expected to be an increase in the consumption of hydraulic dosing pumps.
For instance,
Recent Development/Restraints
- In April 2021,
A brand-new piezoelectric micro-dosing pump was revealed by one of
the leading US precision motor technology providers, Piezo
Motion. This ground-breaking technology enables precise fluid management
applications for researchers working in life science labs. The purpose of the brand-new micro-dosing
pump was to replace the separate lab instruments that were previously
used in fluid handling applications.
- In the Asia-Pacific Region,
the construction of one of the biggest sewage
treatment facilities, with a capacity of 124 million gallons per day,
received approval from the Delhi Jal Board in May 2019. Dosing pumps are
expected to be used extensively at the plant in the upcoming years
2024-2028F.
- In the Asia Pacific region, Beijing's
government also plans to invest in sewage networks and wastewater
treatment in order to handle all home and industrial wastewater. The demand
for hydraulic dosing pumps is going to increase dramatically throughout
the predicted period.
- Another significant reason that is
anticipated to drive the need for hydraulic dosing pumps globally, is the
increase in the number of chemical industries throughout the world,
particularly in some of the developing nations including India and China.
For instance, the India Brand Equity Foundation announced that the
chemical industry in India is predicted to see a double-digit CAGR by the
end of 2025.
- On 29th January 2020,
The Pennsylvania Infrastructure Investment Authority granted USD 119
million in approval for projects involving water and wastewater. This is
going to contribute to a large increase in wastewater treatment and thus, the
need for dosing pumps is expected to boost throughout the projection
period.
- In November 2019,
The DULCO Flex Control DFYa is a brand-new peristaltic metering pump for
dosing outgassing, which is offered by the Prominent GmbH. The global
market for dosing pumps is anticipated to grow throughout the projected
period, as a result of identical products developed by prominent market
competitors.
- In April 2021,
a brand-new piezoelectric micro-dosing pump was developed by a well-known
American manufacturer of precision motor technology, Piezo Motion. With
the help of this innovative tool, scientists working in life science labs
may carry out precise fluid management operations. This brand-new
micro-dosing pump was developed to take the place of several lab equipment
types that were previously used for fluid handling tasks.
COVID-19 ImpactSupply Chain Disruption and Economic Slow Down Hampered the Global Hydraulic Dosing Pump Market
The COVID-19 pandemic has had an impact on the economic development of several nations globally. Various significant measures have been made by several nations to stop the COVID-19 virus from spreading. A few actions include a partial or complete lockdown, travel restrictions, the closing of companies and manufacturing facilities, and labor scarcity, among many more. This action caused a distance and labor shortage, which affected the supplier's capacity to produce and transport items on schedule. As a result, the manufacturers were unable to fulfil their timely obligations to customers.
Additionally, a number of industry sectors that depend on dosing pumps for a number of activities, were shut down, leaving a huge supply-demand gap. The COVID-19 pandemic's effects on the supply chain have therefore raised inflation, causing raw material and energy instability, resulting in a number of projects to fail, hindering manufacturers' capacity to acquire new business, and consequently decreasing revenues.
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Market Segmentation
The Global Hydraulic Dosing Pump market is segmented into type, pressure, and end user. Based on type, the market is further segmented into diaphragm pumps and piston pumps. Based on pressure, the market is segmented into up to 25 bar, 25–100 bar and above 100 bar. Based on end user, the market is divided into water & wastewater treatment, oil & gas, pharmaceuticals, chemicals, and others. Based on region, the market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Company Profiles
Dover Corporation, ProMinent GmbH, Grundfos Holding A/S, Nikkiso Co Ltd, IWAKI & Co., Ltd, IDEX Corporation, Milton Roy LLC, Verder Scientific GmbH & Co. KG, SEKO S.p.A, LEWA GmbH are among the major players that are driving the growth of the global Hydraulic Dosing Pump market
|
Attribute |
Details |
|
Base Year |
2022 |
|
Historical Years |
2018 – 2021 |
|
Estimated Year |
2023 |
|
Forecast Period |
2024 – 2028 |
|
Quantitative Units |
Revenue in USD Billion and CAGR for
2018-2022 and 2023E-2028F |
|
Report Coverage |
Revenue forecast, company share, competitive
landscape, growth factors, and trends |
|
Segments Covered |
Type Pressure End User |
|
Regional Scope |
Asia-Pacific, North America, Europe, Middle East
& Africa, and South America |
|
Key Companies Profiled |
Dover Corporation, ProMinent GmbH,
Grundfos Holding A/S, Nikkiso Co Ltd, IWAKI & Co., Ltd, IDEX Corporation,
Milton Roy LLC, Verder Scientific GmbH & Co. KG, SEKO S.p.A, LEWA GmbH |
|
Customization Scope |
10% free report customization with purchase.
Addition or alteration to country, regional & segment scope. |
|
Pricing and Purchase Options |
Avail of customized purchase options
to meet your exact research needs. Explore purchase options |
|
Delivery Format |
PDF and Excel through Email (We can also provide the
editable version of the report in PPT/pdf format on special request) |
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