August 08, 2022 08:23 ET | Source: Research and Markets Research and Markets

Dublin, Aug. 08, 2022 (GLOBE NEWSWIRE) -- The "Global Metering Pump Market, By Type (Diaphragm, Piston, Peristaltic), By Application (Water & Wastewater Treatment, Oil & Gas, Chemicals & Petrochemicals, Pharmaceuticals, Food & Beverages, Others), By Company, By Region, Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering. The global metering pump market is expected to witness steady growth over the next five years, 2023-2027

Factors such as the continuous release of wastewater from the manufacturing plants in the water bodies without proper treatment and stringent government policies regarding clean water are primarily driving the demand for the global metering pump market.

The rapid growth of the industrial and manufacturing sector around the globe and the surge in awareness about the negative effects of consumption of unhealthy water is expected to fuel the market growth in the coming years.

Also, the rise in the number of desalination plants worldwide and increased demand sustainable water treatment procedures are expected to create numerous growth opportunities for the market players over the next five years. The global metering pump market is segmented into type, application, regional distribution, and competitive landscape. Based on regional analysis, Asia-Pacific dominates the market and is expected to maintain its dominance over the next five years.

The region's metering pump market is primarily driven by the large population base in emerging economies like India and China, which fuels the demand for wastewater treatment facilities to provide clean water.

Also, the rise in efforts by the government to expand the energy sector, including the growth of chemical, petroleum, and gas industries, are expected to influence the market demand in the coming years.

Major companies are developing advanced technologies and launching new services to stay competitive in the market.

Company Profiles: Detailed analysis of the major companies present in global metering pump market.

Years considered for this report:

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For more information about this report visit https://www.researchandmarkets.com/r/ouqzfp