Market Size of Chemical Injection Metering Pumps And Valves Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 4.57 Billion |
| Market Size (2029) | USD 5.25 Billion |
| CAGR (2024 - 2029) | 2.79 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Chemical Injection Metering Pumps & Valves Market Analysis
The Chemical Injection Metering Pumps And Valves Market size is estimated at USD 4.57 billion in 2024, and is expected to reach USD 5.25 billion by 2029, growing at a CAGR of 2.79% during the forecast period (2024-2029).
Due to the COVID-19 outbreak, nationwide lockdowns worldwide, disruption in manufacturing activities and supply chains, and production halts negatively impacted the market in 2020. However, the conditions started recovering in 2021, restoring the market's growth trajectory.
- One of the major factors driving the market study is the accelerating demand for wastewater treatment applications.
- However, high maintenance and replacement costs in some applications are expected to hinder the market's growth.
- The energy, power, and chemicals industry dominated the market and is expected to grow during the forecast period. The water and wastewater treatment industry is expected to register the highest CAGR in the coming years.
- Asia-Pacific dominated the market, followed by North America and Europe, with the largest consumption from countries such as China, Japan, and India.
- Growing demand from the pharmaceutical industry will likely act as an opportunity in the future.
Chemical Injection Metering Pumps & Valves Industry Segmentation
The chemical injection metering pumps and valves are used to enable accurate chemical management during different chemical handling processes. The chemical injection metering pumps and valves market is segmented by pump type, end-user industry, and geography (Asia-Pacific, North America, Europe, South America, Middle-East, and Africa). The market is segmented by pump type into diaphragm, piston/plunger, and other pump types. The end-user industry segments the market into energy, power, chemicals, oil and gas, water and wastewater treatment, pharmaceutical, and food and beverage. The report also covers the market size and forecasts for the froth floatation chemicals market in 17 countries across major regions. The market sizing and forecasts have been done for each segment based on revenue (USD).
| Pump Type | |
| Diaphragm | |
| Piston/Plunger | |
| Other Pump Types |
| End-user Industry | |
| Energy, Power, and Chemicals | |
| Oil and Gas | |
| Water and Wastewater Treatment | |
| Food and Beverage | |
| Pharmaceutical |
| Geography | |||||||||
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Chemical Injection Metering Pumps And Valves Market Size Summary
The chemical injection metering pumps and valves market is poised for steady growth over the forecast period, driven by increasing demand in wastewater treatment applications and the energy, power, and chemicals sectors. The market experienced a setback due to the COVID-19 pandemic, which disrupted manufacturing and supply chains, but has since rebounded. The Asia-Pacific region, particularly China, is expected to dominate the market due to its substantial consumption in oil and gas, chemical plants, and water treatment facilities. The region's stringent water use regulations and growing industries, such as food and beverages, further bolster the demand for these pumps and valves. Despite high maintenance costs posing challenges, the market is supported by opportunities in the pharmaceutical industry.
The market landscape is characterized by fragmentation, with major players like Idex Corporation, SPX Flow, Lewa GmbH, SkoFlo Industries Inc., and Seko SpA holding a small share collectively. These companies cater to diverse end-user segments, including the pulp and paper industry, where metering pumps and valves are essential for handling toxic chemicals under varying conditions. In the energy sector, these systems are crucial for power generation, particularly in the production of ultra-pure water for boilers. The ongoing geopolitical shifts, such as the European Union's efforts to reduce reliance on Russian oil, and the increasing investments in mining and metallurgy, are expected to influence market dynamics and drive demand for chemical injection metering pumps and valves globally.
Chemical Injection Metering Pumps And Valves Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Drivers
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1.1.1 Accelerating Demand from Wastewater Treatment Applications
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1.1.2 Robust Operational Procedures for Regulating Environmental Concerns
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1.1.3 Other Drivers
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1.2 Restraints
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1.2.1 High Maintenance and Replacement Costs in Some Applications
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1.2.2 Other Restraints
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1.3 Industry Value Chain Analysis
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products and Services
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1.4.5 Degree of Competition
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2. MARKET SEGMENTATION (Market Size in Value)
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2.1 Pump Type
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2.1.1 Diaphragm
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2.1.2 Piston/Plunger
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2.1.3 Other Pump Types
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2.2 End-user Industry
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2.2.1 Energy, Power, and Chemicals
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2.2.2 Oil and Gas
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2.2.3 Water and Wastewater Treatment
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2.2.4 Food and Beverage
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2.2.5 Pharmaceutical
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2.3 Geography
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2.3.1 Asia-Pacific
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2.3.1.1 China
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2.3.1.2 India
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2.3.1.3 Japan
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2.3.1.4 South Korea
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2.3.1.5 ASEAN Countries
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2.3.1.6 Australia and New Zealand
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2.3.1.7 Rest of Asia-Pacific
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2.3.2 North America
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2.3.2.1 United States
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2.3.2.2 Canada
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2.3.2.3 Mexico
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2.3.3 Europe
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2.3.3.1 Germany
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2.3.3.2 United Kingdom
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2.3.3.3 Italy
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2.3.3.4 France
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2.3.3.5 Russia
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2.3.3.6 Spain
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2.3.3.7 Rest of Europe
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2.3.4 South America
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2.3.4.1 Brazil
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2.3.4.2 Argentina
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2.3.4.3 Rest of South America
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2.3.5 Middle-East and Africa
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2.3.5.1 Saudi Arabia
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2.3.5.2 South Africa
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2.3.5.3 Rest of Middle-East and Africa
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Chemical Injection Metering Pumps And Valves Market Size FAQs
How big is the Chemical Injection Metering Pumps and Valves Market?
The Chemical Injection Metering Pumps and Valves Market size is expected to reach USD 4.57 billion in 2024 and grow at a CAGR of 2.79% to reach USD 5.25 billion by 2029.
What is the current Chemical Injection Metering Pumps and Valves Market size?
In 2024, the Chemical Injection Metering Pumps and Valves Market size is expected to reach USD 4.57 billion.
