The chemical injection pumps market size has grown strongly in recent years. It will grow from $37.72 billion in 2023 to $41.28 billion in 2024 at a compound annual growth rate (CAGR) of 9.4%. The growth observed during the historic period can be attributed to several factors, including the adoption of high-performance computing (HPC) servers, the adoption of advanced packaging technologies, the demand for advanced electronic devices, increased complexity of integrated circuits (ICs), and the adoption of smart gadgets.
The chemical injection pumps market size is expected to see strong growth in the next few years. It will grow to $56.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The projected growth in the forecast period can be attributed to the demand for smartphones, the demand for power electronics, the increasing demand for chiplets in power electronics, the rising adoption of electric vehicles, and the growing market for mobile electronics. Major trends anticipated in the forecast period include the development of 2.5D and 3D chiplet packaging, the adoption of 5G technology, advancements in 3D integration technology, general technology advancements, and an increase in mergers and acquisitions within the industry.
The growth of the oil and gas industry is anticipated to drive the expansion of the chemical injection pump market in the years ahead. The oil and gas sector encompasses various activities such as drilling, extraction, processing, transportation, and marketing. Chemical injection pumps play a crucial role in this sector by precisely delivering specialized chemicals into the production system to enhance production, prevent deposits, reduce corrosion, and improve process reliability. For example, as reported by the Energy Information Administration in May 2023, the United States saw a 5.6% increase in crude oil production, reaching 0.6 million barrels per day (b/d) in 2022. Additionally, dry natural gas output in the United States surged dramatically in December 2022, exceeding 100 billion cubic feet per day (Bcf/d) and breaking pre-pandemic monthly production records set three years earlier. Consequently, the expansion of the oil and gas industry is a key driver for the chemical injection pump market.
Key players in the chemical injection pump market are concentrating on advanced technologies such as metering and dosing pumps to challenge traditional methods of chemical dosing in municipal and industrial pumping applications. Metering pumps, also known as dosing pumps, are positive displacement devices designed to accurately inject specific volumes of substances into fluid streams or vessels. For instance, Verder Liquids BV, a Netherlands-based manufacturer of chemical injection pumps, introduced the Verderflex Ds500 in September 2022. This metering and dosing pump aims to improve accuracy and reduce costs for end-users by considering the Total Cost of Ownership (TCO), which includes initial costs and lifetime operating expenses. The Ds500 pump achieves an accuracy of +/-1% with a smooth flow, offering a flow rate of 0.1 to 500 ml/min and a pressure of up to 7 bar. This results in enhanced accuracy, smoother flow, reduced chemical consumption, and lower lifetime operational costs.
In May 2023, Verder Group, a Netherlands-based manufacturer of chemical injection pumps, acquired ERWEKA GmbH for an undisclosed sum. This acquisition strengthens Verder Scientific's position and accelerates its expansion into specialized niche areas by leveraging state-of-the-art equipment. ERWEKA GmbH, based in Germany, specializes in manufacturing metering pumps, dosing pumps, and peristaltic pumps for pharmaceutical and industrial applications.
Major companies operating in the chemical injection pumps market report are Schlumberger Limited (SLB), Dover Corporation, Ingersoll Rand Inc., Grundfos, Idex Corporation, Graco Inc., SPX FLOW Inc., Proserv Group Inc., AxFlow Group, SEKO S.p.A., ProMinent Group, Lewa GmbH, Seepex GmbH, Verder Group, Aqua Industrial Group, Grosvenor Pumps Ltd, Plainsman Mfg. Inc., Norriseal-WellMark, SkoFlo Industries Inc., Milton Roy Company, Mc Farland Pump Co LLC, Bruin Instruments Corp., Madden Manufacturing Inc., SideWinder Pumps Inc., ITC Dosing Pumps, Swelore Engineering Pvt. Ltd., Greylor.
North America was the largest region in the chemical injection pumps market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chemical injection pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the chemical injection pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The chemical injection pumps market consists of sales of metering pumps, lobe pumps, and injection valves. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Chemical injection pumps are small, positively displaced reciprocating machines designed to inject precise volumes of chemicals into processing streams. They are commonly connected to barrels containing the chemical to be injected and are utilized to monitor processing issues or protect equipment.
The primary types of chemical injection pumps include diaphragm pumps, plungers, pistons, and other variations. Diaphragm pumps, which utilize a flexible diaphragm typically made of materials such as rubber or Teflon, accurately displace chemicals, making them ideal for metering and injecting precise amounts of substances. They are classified into various drive types, including pneumatic, electric, hydraulic, and others. These pumps find applications across various industries such as water treatment, oil and gas, agriculture, chemicals, pharmaceuticals, pulp and paper, food and beverage, mining, power generation, and others. They are used by industrial, commercial, and residential end users.
The chemical injection pump research report is one of a series of new reports that provides chemical injection pump market statistics, including the chemical injection pump industry's global market size, regional shares, competitors with a chemical injection pump market share, detailed chemical injection pump market segments, market trends and opportunities, and any further data you may need to thrive in the chemical injection pump industry. This chemical injection pump market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The chemical injection pumps market size is expected to see strong growth in the next few years. It will grow to $56.02 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The projected growth in the forecast period can be attributed to the demand for smartphones, the demand for power electronics, the increasing demand for chiplets in power electronics, the rising adoption of electric vehicles, and the growing market for mobile electronics. Major trends anticipated in the forecast period include the development of 2.5D and 3D chiplet packaging, the adoption of 5G technology, advancements in 3D integration technology, general technology advancements, and an increase in mergers and acquisitions within the industry.
The growth of the oil and gas industry is anticipated to drive the expansion of the chemical injection pump market in the years ahead. The oil and gas sector encompasses various activities such as drilling, extraction, processing, transportation, and marketing. Chemical injection pumps play a crucial role in this sector by precisely delivering specialized chemicals into the production system to enhance production, prevent deposits, reduce corrosion, and improve process reliability. For example, as reported by the Energy Information Administration in May 2023, the United States saw a 5.6% increase in crude oil production, reaching 0.6 million barrels per day (b/d) in 2022. Additionally, dry natural gas output in the United States surged dramatically in December 2022, exceeding 100 billion cubic feet per day (Bcf/d) and breaking pre-pandemic monthly production records set three years earlier. Consequently, the expansion of the oil and gas industry is a key driver for the chemical injection pump market.
Key players in the chemical injection pump market are concentrating on advanced technologies such as metering and dosing pumps to challenge traditional methods of chemical dosing in municipal and industrial pumping applications. Metering pumps, also known as dosing pumps, are positive displacement devices designed to accurately inject specific volumes of substances into fluid streams or vessels. For instance, Verder Liquids BV, a Netherlands-based manufacturer of chemical injection pumps, introduced the Verderflex Ds500 in September 2022. This metering and dosing pump aims to improve accuracy and reduce costs for end-users by considering the Total Cost of Ownership (TCO), which includes initial costs and lifetime operating expenses. The Ds500 pump achieves an accuracy of +/-1% with a smooth flow, offering a flow rate of 0.1 to 500 ml/min and a pressure of up to 7 bar. This results in enhanced accuracy, smoother flow, reduced chemical consumption, and lower lifetime operational costs.
In May 2023, Verder Group, a Netherlands-based manufacturer of chemical injection pumps, acquired ERWEKA GmbH for an undisclosed sum. This acquisition strengthens Verder Scientific's position and accelerates its expansion into specialized niche areas by leveraging state-of-the-art equipment. ERWEKA GmbH, based in Germany, specializes in manufacturing metering pumps, dosing pumps, and peristaltic pumps for pharmaceutical and industrial applications.
Major companies operating in the chemical injection pumps market report are Schlumberger Limited (SLB), Dover Corporation, Ingersoll Rand Inc., Grundfos, Idex Corporation, Graco Inc., SPX FLOW Inc., Proserv Group Inc., AxFlow Group, SEKO S.p.A., ProMinent Group, Lewa GmbH, Seepex GmbH, Verder Group, Aqua Industrial Group, Grosvenor Pumps Ltd, Plainsman Mfg. Inc., Norriseal-WellMark, SkoFlo Industries Inc., Milton Roy Company, Mc Farland Pump Co LLC, Bruin Instruments Corp., Madden Manufacturing Inc., SideWinder Pumps Inc., ITC Dosing Pumps, Swelore Engineering Pvt. Ltd., Greylor.
North America was the largest region in the chemical injection pumps market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chemical injection pumps market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the chemical injection pumps market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The chemical injection pumps market consists of sales of metering pumps, lobe pumps, and injection valves. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
Chemical injection pumps are small, positively displaced reciprocating machines designed to inject precise volumes of chemicals into processing streams. They are commonly connected to barrels containing the chemical to be injected and are utilized to monitor processing issues or protect equipment.
The primary types of chemical injection pumps include diaphragm pumps, plungers, pistons, and other variations. Diaphragm pumps, which utilize a flexible diaphragm typically made of materials such as rubber or Teflon, accurately displace chemicals, making them ideal for metering and injecting precise amounts of substances. They are classified into various drive types, including pneumatic, electric, hydraulic, and others. These pumps find applications across various industries such as water treatment, oil and gas, agriculture, chemicals, pharmaceuticals, pulp and paper, food and beverage, mining, power generation, and others. They are used by industrial, commercial, and residential end users.
The chemical injection pump research report is one of a series of new reports that provides chemical injection pump market statistics, including the chemical injection pump industry's global market size, regional shares, competitors with a chemical injection pump market share, detailed chemical injection pump market segments, market trends and opportunities, and any further data you may need to thrive in the chemical injection pump industry. This chemical injection pump market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Chemical Injection Pumps Market Characteristics3. Chemical Injection Pumps Market Trends and Strategies32. Global Chemical Injection Pumps Market Competitive Benchmarking33. Global Chemical Injection Pumps Market Competitive Dashboard34. Key Mergers and Acquisitions in the Chemical Injection Pumps Market
4. Chemical Injection Pumps Market - Macro Economic Scenario
5. Global Chemical Injection Pumps Market Size and Growth
6. Chemical Injection Pumps Market Segmentation
7. Chemical Injection Pumps Market Regional and Country Analysis
8. Asia-Pacific Chemical Injection Pumps Market
9. China Chemical Injection Pumps Market
10. India Chemical Injection Pumps Market
11. Japan Chemical Injection Pumps Market
12. Australia Chemical Injection Pumps Market
13. Indonesia Chemical Injection Pumps Market
14. South Korea Chemical Injection Pumps Market
15. Western Europe Chemical Injection Pumps Market
16. UK Chemical Injection Pumps Market
17. Germany Chemical Injection Pumps Market
18. France Chemical Injection Pumps Market
19. Italy Chemical Injection Pumps Market
20. Spain Chemical Injection Pumps Market
21. Eastern Europe Chemical Injection Pumps Market
22. Russia Chemical Injection Pumps Market
23. North America Chemical Injection Pumps Market
24. USA Chemical Injection Pumps Market
25. Canada Chemical Injection Pumps Market
26. South America Chemical Injection Pumps Market
27. Brazil Chemical Injection Pumps Market
28. Middle East Chemical Injection Pumps Market
29. Africa Chemical Injection Pumps Market
30. Chemical Injection Pumps Market Competitive Landscape and Company Profiles
31. Chemical Injection Pumps Market Other Major and Innovative Companies
35. Chemical Injection Pumps Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Chemical Injection Pumps Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on chemical injection pumps market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
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- Benchmark performance against key competitors.
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- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description:
Where is the largest and fastest growing market for chemical injection pumps ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The chemical injection pumps market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Diaphragm; Plunger Or Piston; Other Types2) By Drive Type: Pneumatic; Electric; Hydraulic; Other Drive Types
3) By Application: Water Treatment; Oil And Gas; Agricultural; Chemical; Pharmaceutical; Pulp And Paper; Food And Beverage; Mining; Power Generation; Other Applications.
4) By End-User: Industrial; Commercial; Residential
Key Companies Mentioned: Schlumberger Limited (SLB); Dover Corporation; Ingersoll Rand Inc.; Grundfos; Idex Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Schlumberger Limited (SLB)
- Dover Corporation
- Ingersoll Rand Inc.
- Grundfos
- Idex Corporation
- Graco Inc.
- SPX FLOW Inc.
- Proserv Group Inc.
- AxFlow Group
- SEKO S.p.A.
- ProMinent Group
- Lewa GmbH
- Seepex GmbH
- Verder Group
- Aqua Industrial Group
- Grosvenor Pumps Ltd
- Plainsman Mfg. Inc.
- Norriseal-WellMark
- SkoFlo Industries Inc.
- Milton Roy Company
- Mc Farland Pump Co LLC
- Bruin Instruments Corp.
- Madden Manufacturing Inc.
- SideWinder Pumps Inc.
- ITC Dosing Pumps
- Swelore Engineering Pvt. Ltd.
- Greylor
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | March 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 41.28 Billion |
Forecasted Market Value ( USD | $ 56.02 Billion |
Compound Annual Growth Rate | 7.9% |
Regions Covered | Global |
No. of Companies Mentioned | 27 |