Global Metering Pump Market Worth $4,100 Million by 2017
DALLAS, February 1, 2013
DALLAS, February 1, 2013 /PRNewswire/ --
The report " Chemical Injection (Metering/Dosing) Pump Market - By Type
(Diaphragm & Plunger/Piston) and Application (Water & Wastewater, Oil & Gas,
Petrochemical, Chemical, Pharmaceutical, Food & Beverages, Pulp & Pater) -
Global Trends & Forecasts to 2017 " defines and segments the global metering
pump market with analysis and forecasting of the global revenue. Variable
frequency drives market is estimated to grow from $3,165 million in 2012 to
$4,100 million by 2017, with a CAGR of 5.3% from 2012 to 2017.
Browse more than 120 market data tables/figures spread through 130 pages and
in-depth TOC on " Chemical Injection (Metering/Dosing) Pump Market, by Type
(Diaphragm, Plunger/Piston, and Other), & Application (Water/Waste Water
Treatment, Oil & Gas, Chemical Processes, Pharmaceuticals, Food & Beverages,
Pulp & Paper, Agriculture & Pesticides, Textiles, and others) - Global
Market Trends & Forecast to 2017 "
Early buyers will receive 10% customization on reports.
Chemical injection or metering pump market is mainly driven by growing demand
for energy efficiency and stringent regulations about safe waste water
disposal and environment protection implemented by Governments globally.
Asia-Pacific, due to its growing infrastructure investment and growing
manufacturing industry, is the major growth engine for this market. China, as
a country is the largest end-user of metering pumps and is expected to
continue to grow at a significantly high growth rate.
Demand of automation and efficient operation is drawing transactions in
various industries which in turn are creating new market for metering pumps.
New and advanced pumps are being continuously introduced in the market.
Digital metering pumps that already exist in the market are being employed by
industries. The development in the digital metering pump technology will make
its operation more efficient and precise in water & waste water treatment, oil
& gas, chemical processes, pharmaceuticals, foods & beverages, and other
areas. On an account of changing consumer needs, introduction of more advanced
products and increasing applications of metering pumps, the market will
experience an increase in demand in the future.
The report segments the global metering pump market by type, applications, and
geography. It also focuses on market dynamics such as drivers, restraints, and
opportunities. The chemical injection market report provides forecasts revenue
and shipments of the global metering pump market and its various submarkets
with respect to four main regions such as Asia-Pacific, Americas, Europe, and
Rest of World (ROW). At the country level U.S., Brazil, Mexico, China, India,
Germany, and Italy were analyzed.
Metering pump manufacturers are constantly trying to modify their product
lines in order to increase their market share, which in turn helps them to
gain bulk supply contracts. Thus, all major players are focusing on new
product innovations as their key strategy. This market is highly fragmented
and hence, merger & acquisition is the second most preferred strategy followed
by leading industry players to increase their market penetration in various
regions. Leading industry players of this market include Milton Roy (U.S.),
Idex Corporation (U.S.), Lewa GmbH (Germany) - a unit of Nikkiso (Japan), and
Neptune (U.S.) - a unit of PSG Dover (U.S.).
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