Hydraulic Dosing Pumps Market To Develop Rapidly By 2027
Hydraulic Dosing Pumps Introduction
- A hydraulic dosing pump is a small displacement pump. Hydraulic dosing pumps are specially designed to pump or inject exact flow rate of a substance or chemical into steam, gas, or water to cause a chemical or physical reaction. For example, it is used to add chlorine to kill bacteria, or add caustic chemical or an acid to water to obtain the pH in a required range.
- A hydraulic dosing pump distributes accurate flow rate of a substance or chemical by drawing a measured amount into a chamber and injecting this volume of substance or chemical into the tank or pipe being dosed. Hydraulic dosing pumps are controlled either by an internal pump controller or an external control system.
- A hydraulic dosing pump is powered by a small air actuator or a small electric motor. Hydraulic dosing pumps are used in a range of applications across a number of industries including medical, manufacturing, agriculture, water treatment, food processing, and mining.
- The global hydraulic dosing pumps market is predicted to expand at a rapid pace during the forecast period owing to increased demand for hydraulic dosing pumps in chemical, manufacturing, water treatment, and power generation industries.
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Hydraulic Dosing Pumps Dynamics
Key Drivers of the Hydraulic Dosing Pumps Market
- Rising investment in water & wastewater treatment and the increasing demand for hydraulic dosing pumps from the chemical industry are some of the major factors projected to propel the market growth in the next few years.
- Furthermore, rise in the demand from the oil & gas industry is anticipated to fuel the demand for hydraulic dosing pumps.
- Additionally, the increasing implementation of smart dosing technologies combined with refining capacity is expected to create lucrative opportunities for the hydraulic dosing pumps market in the upcoming years globally.
- Rise in investments and living standards of people, and growth in the global economy has impelled growth in urban infrastructure development and planning. This in turn is expected to propel the demand for hydraulic dosing pumps in the next few years.
- A rise in the number of chemical factories around the world especially in some of the developing economies such as India and China is another major factor expected to fuel the demand for hydraulic dosing pumps globally. For instance, according to India Brand Equity Foundation, the chemical sector is expected to grow at a CAGR of 15%-20% by 2025 in India.
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Asia Pacific to Lead the Global Market for Hydraulic Dosing Pumps
- Asia Pacific is a leading consumer of hydraulic dosing pumps, followed by North America and Europe. China and India are key markets in the region. In terms of demand, the two countries account for more than 55% share of the market for hydraulic dosing pumps in the region.
- In the Asia Pacific region, demand for diaphragm hydraulic dosing pumps is increasing from the manufacturing and chemical industries.
- Some of the major users of hydraulic dosing pumps are pharmaceutical, wastewater & water treatment, oil & gas, chemical processing, power plants, food & beverage, and mining industries. Rising focus on digitalization and rapid industrialization in India and China is anticipated to propel the end-user segment of the hydraulic dosing pump market.
- Furthermore, growing demand for hydraulic dosing pumps in agricultural applications such as irrigation, horticulture, chemical injection, dairy farms, and liquid metering, especially in Asia Pacific is anticipated to drive the market in the region in the near future.
Hydraulic Dosing Pumps Market- Competitive Landscape
Key Players Operating in the Global Hydraulic Dosing Pumps Market:
Several players in the market manufacture hydraulic dosing pumps and the intensity of competition is high among these players. Moreover, rapid technological advancements have led to a threat of substitution in the hydraulic dosing pumps market. Key players operating in the global hydraulic dosing pumps market include:
- Grundfos Holding A/S
- ProMinent GmbH
- Ingersoll Rand
- IDEX Corporation
- SPX Flow
- Dover Corporation
- LEWA Group
- Verder Holding B.V.
- SEKO S.p.A.
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