The global electromagnetic metering pump market size is expected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the electromagnetic metering pumps can maintain a constant flow rate across a wide range of pressures.
This metering pump is solenoid-driven electromagnetic metering pumps are controlled electrically by a printed circuit board (PCB). The solenoid armature is the only moving part in the pump, having a maximum movement of 1.25 mm, high compact body. As the pump has no revolving parts, it does not require lubrication. As a result, maintenance and repair expenses are minimal. The properties of continuous running are exceptional.
The diaphragm is built of high-quality nylon fabric reinforced EPDM with a cast steel core and a PTFE coating on the liquid contact surface. Electromagnetic metering pumps are used in industrial operations for precision metering and high efficiency. The electromagnetic metering pumps are designed specifically to transfer high viscosity substances.
Electromagnetic metering pumps with a multi-voltage power source are employed in a variety of chemical feeding applications. A wide range of models is offered, ranging from ultra-compact high-resolution basic pumps to pumps fitted with multi-functional digital controls for water treatment. Several versions and a diverse range of accessories ensure that our clients' requirements are met.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing demand for very minimal maintenance and repair expenses, and the properties of continuous running are exceptional as the pump has no lubricated bearings is expected to boost the market growth during the forecast period.
- The pump body, which is made of an aluminum die-cast frame molded with reinforced plastics (GFRPP), has a water- and dust-proof structure that is resistant to liquids, and corrosion in the environment are a major factor spurring the market expansion in the coming years.
- Growing the demand for the treatment of water and wastewater, plants by accurately dosed chlorine into the water by using electromagnetic metering pumps is anticipated to propel the market growth during the forecast period.
- The downturn of the oil and gas industry around the world due to the Covid-19 is expected to restrict the market growth.
Scope of Electromagnetic Metering Pump Market Report
The report on the global electromagnetic metering pump market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Electromagnetic Metering Pump Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Product Types (Flow Below 10L/H, 50 L/H, and 10 L/H), End-users (Petroleum, Powder Metallurgy, Chemical Industry, Light Industry, Shipbuilding, and Agriculture)
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Regional Scope
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Asia Pacific, North America, Latin America, Europe, and Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Iwaki; Miltonroy; NIKKISO; Metexcorporation; Cheonsei; OBL; Blue-White; SEKO; PULSAFEEDER; and Prominent
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Global Electromagnetic Metering Pump Market Segment Insights
50 L/H segment is projected to account for a key market share
Based on product types, the global electromagnetic metering pump market is divided into Flow<10L/H, 50 L/H, and 10 L/H. The 50 L/H segment is expected to account for a key share of the market during the forecast period owing to transfer high efficiency and viscosity substances.
However, the 10 L/H segment is anticipated to expand at a rapid pace during the forecast period.
Petroleum segment is expected to grow at a robust pace
In terms of end-users, the market is segmented into petroleum, power metallurgy, chemical industry, light industry, shipbuilding, and agriculture. The petroleum segment is expected to constitute a key share of the market in the coming years due to high efficiency metering, rust free, and designed specifically to transfer high viscosity substances.
Asia Pacific is expected to dominate the market
Based on regions, the global electromagnetic metering pump market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to expand at an impressive CAGR during the forecast period.
The regional market growth can be attributed to due to expanding water and wastewater treatment capacity in the region, growth in the manufacturing sector, as well as double growth in the pharmaceutical and food & beverage industries, Asia Pacific electromagnetic metering pumps market has been steadily growing. The metering pumps market is likely to be driven by increased demand for metering pumps from the oil and gas, chemical, and desalination industries.
Segments
The global electromagnetic metering pump market has been segmented based on
Product Types
- Flow Below 10L/H
- 50 L/H
- 10 L/H
End-users
- Petroleum
- Powder Metallurgy
- Chemical Industry
- Light Industry
- Shipbuilding
- Agriculture
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Iwaki
- NIKKISO
- Miltonroy
- Metexcorporation
- OBL
- Blue-White
- Cheonsei
- SEKO
- PULSAFEEDER
- Prominent
Competitive Landscape
Leading manufacturers operating in the global electromagnetic metering pump market include Iwaki; Miltonroy; NIKKISO; Metexcorporation; Cheonsei; OBL; Blue-White; SEKO; PULSAFEEDER; and Prominent.