Chemical Injection Metering Pumps and Valves Market Size is Forecast to Reach $4.32 Billion by 2025


Posted August 7, 2020 by Blessy_Joy

Increasing Investments in Oil and Gas Sector Focused on Increasing Domestic Production Attributing the Growth of Chemical Injection Metering Pumps and Valves Market.

 
Chemical Injection Metering Pumps and Valves Market size is forecast to reach $4.32 billion by 2025, after growing at a CAGR of 4.2% during 2020-2025. The growth of the chemical industry will likely promote the growth of the demand for chemical injection metering pumps & valves. Due to a need for precise delivery of chemicals dosage, the market for chemical injection metering pumps & valves is seeing increased demand from the power generation industry. New developments in the chemical industry would fuel the need for pumps and valves for chemical injection metering in the chemical industry. This will create more opportunities for players working on the chemical injection metering pumps and valves in the emerging markets.

Key Takeaways
The coal, power and chemical industries have dominated the market and will continue to expand in the forecast era. The treatment industry for water & wastewater will expand in the next few years at CAGR high.
In the future, rising competition from the pharmaceutical industry will possibly serve as a chance.
Demand in developing countries for refined fuels and associated chemicals has increased significantly, complementing downstream projects such as refineries and petrochemicals.

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Geography - Segment Analysis

APAC dominated the Chemical Injection Metering Pumps and Valves Market share with more than 58%, followed by North America and Europe. In Asia / Pacific, demand for chemical injection metered pumps & valves has increased significantly. In the Asia-Pacific region China alone accounts for approximately 35% of the market. The usage of pumps and valves in oil and gas is high and downstream output in China has increased. 

Drivers – Chemical Injection Metering Pumps and Valves Market
Increasing Investments in Oil and Gas Sector
This is currently focused on increasing domestic production and is planned to expand injection metering pumps and valves. China is also the world's biggest electricity user. There is now substantial growth, in particular in pharmaceuticals, food & drinks and water & wastewater treatment, in the area in various end user industries. Such factors are expected to contribute to the growth of demand in the area during the forecast timeframe for chemical injection metering pumps and valves.

Market Landscape: Major players in the Chemical Injection Metering Pumps and Valves Market are Cameron (Schlumberger), Hunting PLC, Idex Corporation, ITC Dosing Pumps, Lewa GmbH, McFarland-Tritan LLC, Milton Roy, ProMinent, Seepex GmbH, Seko SpA, SkoFlo Industries Inc., SPX FLOW Inc., Swelore Engineering Pvt Ltd, among others.

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Issued By Blessy
Business Address Madhapur
Country India
Categories Business
Tags chemical injection metering pumps and valves market , chemical injection metering pumps and valves market growth , chemical injection metering pumps and valves market share , chemical injection metering pumps and valves market size
Last Updated August 7, 2020