The report "Hydraulic Dosing Pump Market
by Type (Diaphragm, Piston), End-user (Agriculture, Livestock, Industry
(Water, Oil & Gas, Chemical, Power)), Discharge Pressure (Up to 25
Bar, 25-100, Above 100 Bar), and Region - Global Forecast to 2023",
The hydraulic dosing pump market is expected to grow from an estimated
market size of USD 771.8 million in 2018 to USD 949.3 million by 2023,
at a CAGR of 4.23%. The overall market is set to witness significant
growth because of the growing demand for accurate and precise dosing
from chemical, oil & gas, and manufacturing industries, along with
increasing investments in the water & wastewater treatment sector.
Increasing implementation of smart dosing technology coupled with
refining capacity additions in the Asia Pacific and the Middle East are
the major opportunities for the hydraulic dosing pump market.
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Browse 66 market data Tables and 42 Figures spread through 129 Pages and in-depth TOC on "Hydraulic
Dosing Pump Market - Global
Forecast to 2023"
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Diaphragm: The largest type segment during the forecast period
The diaphragm segment is expected to hold the largest
share of the hydraulic dosing pump market during the forecast period.
Growing investments in the chemical and water & wastewater treatment
sectors along with increased focus on digitalization of manufacturing
processes are the major factors driving the hydraulic dosing pump market
in the Asia Pacific. Furthermore, the region is expected to witness
significant additions in its refining capacity which will involve
various expansions and upgradation projects and new refinery setups
during the forecast period. Diaphragm pumps are highly preferred in
these industries because of its ability to handle hazardous, toxic, or
corrosive chemicals. These factors have resulted in the highest market
share of the diaphragm segment in the hydraulic dosing pump market.
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Hydraulic dosing pump market for up to 25 bar discharge pressure to grow at a higher CAGR during the forecast period
The market for up to 25 bar segment is expected to
grow at a higher CAGR during the forecast period. Hydraulic dosing pumps
with discharge pressure up to 25 bar are used for dosing purposes in
sectors including oil & gas, chemical & petrochemical, power
generation, water treatment, and manufacturing. Thus, the rise in demand
for hydraulic dosing pumps led by significant investments in these
industries is expected to drive the demand for hydraulic dosing pumps
during the forecast period.
Asia Pacific: The fastest-growing market for hydraulic dosing pumps
In this report, the hydraulic dosing pump market has
been analyzed on the basis of 5 regions: Asia Pacific, North America,
Europe, and the Middle East & Africa. The hydraulic dosing pump
market in the Asia Pacific is driven by countries such as China, India,
South Korea, and the ASEAN. The demand for hydraulic dosing pumps in
this region is driven by rising refining capacity additions, investments
in water & wastewater treatment sector, and demand from the
manufacturing industry.
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To enable an in-depth understanding of the
competitive landscape, the report includes the profiling of some of the
key players in the hydraulic dosing pump market. These players include
Dover Corporation (US), Grundfos (Denmark), SPX Flow (US), IDEX
Corporation (US), and LEWA (Germany). Leading players are trying to
establish themselves in the markets of developing economies and are
adopting various strategies to increase their market shares.
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Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
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