Global Metering Pump Market Worth $4,100 Million By 2017
DALLAS, February 1, 2013 /PRNewswire/ --
The report " Chemical Injection (Metering/Dosing) Pump Market - By Type (Diaphragm & Plunger/Piston) and Application (Water & Wastewater, Oil & Gas, Petrochemical, Chemical, Pharmaceutical, Food & Beverages, Pulp & Pater) - Global Trends & Forecasts to 2017 " defines and segments the global metering pump market with analysis and forecasting of the global revenue. Variable frequency drives market is estimated to grow from $3,165 million in 2012 to $4,100 million by 2017, with a CAGR of 5.3% from 2012 to 2017.
Browse more than 120 market data tables/figures spread through 130 pages and in-depth TOC on " Chemical Injection (Metering/Dosing) Pump Market, by Type (Diaphragm, Plunger/Piston, and Other), & Application (Water/Waste Water Treatment, Oil & Gas, Chemical Processes, Pharmaceuticals, Food & Beverages, Pulp & Paper, Agriculture & Pesticides, Textiles, and others) - Global Market Trends & Forecast to 2017 " http://www.marketsandmarkets.com/Market-Reports/metering-pump-market-949.html Early buyers will receive 10% customization on reports.
Chemical injection or metering pump market is mainly driven by growing demand for energy efficiency and stringent regulations about safe waste water disposal and environment protection implemented by Governments globally. Asia-Pacific, due to its growing infrastructure investment and growing manufacturing industry, is the major growth engine for this market. China, as a country is the largest end-user of metering pumps and is expected to continue to grow at a significantly high growth rate.Demand of automation and efficient operation is drawing transactions in various industries which in turn are creating new market for metering pumps. New and advanced pumps are being continuously introduced in the market. Digital metering pumps that already exist in the market are being employed by industries. The development in the digital metering pump technology will make its operation more efficient and precise in water & waste water treatment, oil & gas, chemical processes, pharmaceuticals, foods & beverages, and other areas. On an account of changing consumer needs, introduction of more advanced products and increasing applications of metering pumps, the market will experience an increase in demand in the future.
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