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Hydraulic Dosing Market size was valued at USD 4.94 billion in 2019 and is poised to grow from USD 5.28 billion in 2023 to USD 8.74 billion by 2031, growing at a CAGR of 6.5% in the forecast period (2024-2031).

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. 'EMEC s.r.l. (Italy)', 'Blue-White Industries (US)', 'Grundfos Holding A/S (Denmark)', 'Netzsch Pumpen Systeme GmbH (Germany)', 'Idex Corporation (US)', 'Nikkiso Co. Ltd. (Japan)', 'ProMinent GmbH (Germany)', 'Seko Spa (Italy)', 'SPX Flow Inc. (US)', 'W.E.S. Ltd. (UK)', 'Dover Corporation (US)', 'Tefen (Israel)'

Increasing investments in water and wastewater treatment as well as the growing demand from the chemical industry for hydraulic dosing pumps are some of the key factors anticipated to drive market expansion over the coming few years. Additionally, a surge in demand for hydraulic dosing pumps is predicted to be driven by the oil and gas sector. Additionally, the market for hydraulic dosing pumps is anticipated to benefit from the growing use of smart dosing technologies in conjunction with increased refining capacity in the future. Urban infrastructure development as well as planning have accelerated due to rising investments, rising living standards, and expansion of the economy. In consequence, this is anticipated to increase consumption of hydraulic dosing pumps during the following several years.

Automation and innovation in industrial production processes have been identified as one of the primary dosing pump industry trends in recent years, and it is anticipated that these trends will accelerate market expansion. In order to meet end-user expectations, businesses are investing in R&D to develop new and improved dosing pumps. The market for dosing pumps is anticipated to be driven by technological development and innovation in production techniques. Asia-Pacific holds the greatest market share for dosing pumps in terms of revenue. This is because the area has manufacturing facilities for things like food and beverage production, paper and pulp production, chemical production, textile production, petroleum refining, water and wastewater treatment, and more.

Based on the region, the Asia Pacific region currently dominates the 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.

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Global Hydraulic Dosing Pump Market

Product ID: SQSG20I2019