USD 874.82 million
Report ID: SQSG20I2019 | Region: Global | Published Date: August, 2022 | Pages: 165 | Tables: 95 | Figures: 68
Global hydraulic dosing pump market was valued to be USD 874.82 million in 2021, and it is expected to reach USD 1.12 billion by 2028 at a CAGR of 4.8% over the forecast period 2022 - 2028.
A hydraulic dosing pump delivers a material or chemical at a precise flow rate by pulling a measured volume into a compartment and injecting this volume into the unit or pipe being dosed. An internal pump regulator or an external process control is used to operate hydraulic dosing pumps. An electric motor or a tiny air actuator can power a hydraulic dosing pump. Numerous industries, including the medical field, industry, agriculture, water treatment, food processing, and mining, use hydraulic dosing pumps for a variety of purposes.
Due to the increasing demand for hydraulic dosing pumps in the chemical, production, water purification, and power generation industries, the global market for these pumps is projected to grow quickly over the forecast period. The market's growth is expected to be aided by the expanding use of smart dosing technologies across a variety of sectors. The extension of urbanization has also been pushed by an increase in investment, a rise in living standards around the world, and expansion of the global economy. In the near future, this is anticipated to create profitable prospects for the market for hydraulic dosing pumps.
Global Market Size
USD 874.82 million
Water & Wastewater Treatment
Water & Wastewater Treatment
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The Global Hydraulic Dosing Pump Market is segmented based on type, discharge pressure, application, and region. Based on Type, it is categorized into Piston Pumps, Diaphragm Pumps, and Others. Based on Discharge Pressure, it is categorized into Up to 25 Bar, 25–100 Bar, and Above 100 Bar. Based on Application, it is categorized into Water & Wastewater Treatment, Chemical Processing, Oil and Gas, Pharmaceuticals, Food & Beverages, Paper & Pulp, and Others. Based on region, it is categorized into North America, Europe, Asia Pacific, The Middle East and Africa, and Latin America.
Analysis by Application
On the basis of application, the water & wastewater treatment segment is expected to dominate the global hydraulic dosing pump market over the forecast period. The wastewater treatment sector is expected to contribute significantly to the growth of the hydraulic dosing pump market. In order to initiate a chemical reaction, chlorine is typically injected into a fluid or water stream using hydraulic dosing pumps in WWT. It is anticipated that the reaction will either keep the pH in the correct range or eliminate waterborne microorganisms. Additionally, hydraulic dosing pumps, particularly hydraulic diaphragm pumps, are quite a leading technology for WWT because they can handle the toughest chemicals and provide extremely repeatable dosage accuracy. The pumps are also known to function under exceptionally high pressures. Increased water contamination and pollution would pave the way for the use of hydraulic dosing pumps, which would accelerate the segment's growth.
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Based on the region, the Asia Pacific region currently dominates the global hydraulic dosing pump market. Hydraulic dosing pumps are most commonly used in Asia Pacific, followed by Europe and North America. The region's two largest markets are China and India. The two nations control more than 55% of the customer base for hydraulic dosing pumps in terms of demand. The manufacturing and chemical sectors are driving up demand for diaphragm hydraulic dosing pumps in the Asia Pacific area.
Pharmaceutical, wastewater and water treatment, chemical processing, oil and gas, power plants, food and beverage, and mining industries are some of the primary users of hydraulic dosing pumps. The end-user sector of the hydraulic dosing pump industry is predicted to grow due to the increasing emphasis on digitalization and the quick industrialization of China and India.
In addition, it is projected that the market in the region would soon be driven by rising demand for hydraulic dosing pumps in agricultural applications such as irrigation, chemical injection, horticulture, dairy farms, and liquid metering, particularly in Asia Pacific.
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The hydraulic dosing pump market is a fairly competitive area. Hydraulic dosing pumps are produced by a number of market participants, and there is fierce competition among them. Market vendors are concentrating more on the growth prospects in the fast-growing segments while preserving their positions in the slow-growing segments in order to take advantage of the chances.
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According to the analysis, the global hydraulic dosing pump market is currently led by countries in the Asia Pacific region, due to the manufacturing and chemical sectors driving up demand for diaphragm hydraulic dosing pumps in this region. Along with this, the water and wastewater treatment segment is projected to lead the market over the forecast period.
|Market size value in 2021||USD 874.82 million|
|Market size value in 2028||USD 1.12 billion|
|Forecast period||2022 - 2028|
|Forecast Unit (Value)||USD Billion|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Hydraulic Dosing Pump Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Hydraulic Dosing Pump Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Product ID: SQSG20I2019