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Metering Pump Market to Advance at 3.9% CAGR during 2020–2030

Factors such as the toughening government regulations on water treatment, expanding chemical industry, and increasing oil and gas production are expected to fuel the metering pump market at a [CAGR of 3.9%](https://www.psmarketresearch.com/market-analysis/metering-pump-market) during the forecast period (2020–2030). According to P&S Intelligence, the market revenue will grow from $4.4 billion in 2019 to $6.8 billion by 2030. In recent years, the soaring demand for energy-efficient metering pumps, to reduce energy wastage, has become a major market trend.![](https://i.imgur.com/u38Ta9y.jpg)


One of the key growth drivers of the market is the increasing implementation of strict water treatment laws in many countries. Water treatment plants use metering pumps to feed chemical additives to the wastewater to remove toxic microorganisms, slurry, and pollutants, thereby improving the water quality. For example, the U.S. government amended its Water Infrastructure Act (AWIA) in 2018 to focus on all water that is theoretically intended for drinking. This act empowers the Environmental Protection Agency (EPA) to lay down minimum requirements to protect drinking water from pollution. 

Additionally, the soaring oil and gas production is also expected to contribute to the metering pump market growth worldwide. Oil and gas companies deploy metering pumps in the extraction of oil and natural gas and the dosing of corrosion inhibitors in midstream processes. For instance, the U.S. Energy Information Administration (EIA) estimates that 4,129,563 barrels of crude oil were produced in the U.S. in 2020. The EIA also states that 31,099,061 cubic feet of natural gas were produced in the country in 2019.

The end user segment of the metering pump market is classified into water treatment, chemical processing, petrochemicals, pulp and paper, pharmaceuticals, oil and gas, food and beverage, and others, such as textiles, construction, mining, and agriculture. Among these, the water treatment category generated the highest revenue in 2019 due to the implementation of stringent government regulations regarding safe drinking water. For instance, the Ontario Ministry of Health and Long-Term Care enforced the Safe Drinking Water and Fluoride Monitoring Protocol in February 2019 to provide direction to health boards on the various components of the Safe Water Program. 

At present, the metering pump market is consolidated in nature due to the presence of few players, such as Spirax-Sarco Engineering plc, MCFARLAND PUMPS, Dover Corporation, SEEPEX GmbH, Verder International B.V., Cole-Parmer Instrument Company LLC, SEKO S.p.A., Morrill-Industries Inc., SPX FLOW Inc., LEWA GmbH, Grundfos Pumps Corporation, Progressive Pumps Corp., IDEX Corporation, Blue-White Industries Ltd., and AxFlow Holding AB. These companies are engaging in product launches and focusing on extensive research and development (R&D) activities to consolidate their position.

Globally, the Asia-Pacific (APAC) metering pump market generated the highest revenue during the historical period (2014–2019), due to the escalating focus of governments, especially of China, Japan, and India, on safe drinking water. In the APAC market, India and China have emerged as the largest contributors, owing to the expanding industrial sector and growing population in these countries. Furthermore, the region is also expected to demonstrate the fastest growth during the forecast period due to the increasing number of manufacturing facilities of the companies operating in the pharmaceutical, oil and gas, and chemical processing industries in the region. 

Therefore, the surging oil and gas production and toughening water treatment regulations will drive the global demand for metering pumps in the coming years.
