Global Metering Pump Market Worth $4,100 Million By 2017
The report segments the global metering pump market by type, applications, and geography. It also focuses on market dynamics such as drivers, restraints, and opportunities. The chemical injection market report provides forecasts revenue and shipments of the global metering pump market and its various submarkets with respect to four main regions such as Asia-Pacific, Americas, Europe, and Rest of World (ROW). At the country level U.S., Brazil, Mexico, China, India, Germany, and Italy were analyzed.
Metering pump manufacturers are constantly trying to modify their product lines in order to increase their market share, which in turn helps them to gain bulk supply contracts. Thus, all major players are focusing on new product innovations as their key strategy. This market is highly fragmented and hence, merger & acquisition is the second most preferred strategy followed by leading industry players to increase their market penetration in various regions. Leading industry players of this market include Milton Roy (U.S.), Idex Corporation (U.S.), Lewa GmbH ( Germany) - a unit of Nikkiso ( Japan), and Neptune (U.S.) - a unit of PSG Dover (U.S.).
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