Global Chemical Injection Metering Pumps & Valves Market 2018-2023 | Growth analysis forecast by Top Manufacturers, Key regions, And More…
Global Chemical Injection Metering Pumps & Valves Market Report 2018 provides actionable intelligence on factors that have been driving demand; key trends that are impacting the Chemical Injection Metering Pumps & Valves market; challenges that affect the market dynamics along with the market size, a SWOT analysis of the key vendors, and various segments.
Competitor Analysis: by product types, market share, applications, sales, and revenue.
- Hunting PLC
- IDEX Corporation
- INJECTION TECNICAL CONTROL Inc.
- LEWA GmbH
- Milton Roy
- Schlumberger Limited (Cameron)
- SEEPEX GmbH
- SkoFlo Industries Inc.
- SPX FLOW
- Swelore Engineering
- THE MCFARLAND GROUP
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Description of Chemical Injection Metering Pumps & Valves Market: The global chemical injection metering pumps & valves is expected to register a CAGR of around 4% during 2018 to 2023 (the forecast period). Europe accounted for the largest market in 2017. Asia-Pacific is expected to register the fastest growth during the forecast period.
Growing Chemical Industry
In the chemical industry, chemical injection metering pumps & valves are used for accurate dosing of chemicals into a system. Chemical injection metering pumps inject a precise volume of liquid in a specified time period to provide a highly accurate flow rate. Chemical injection metering valves complement pumps and ensure that there is a constant discharge pressure of the fluid flowing out for the metering pumps, to work properly. The global chemicals industry has grown rapidly over the past several decades. The global chemical industry generates a revenue of about USD 3,500 billion and produces precursors and intermediates for most other consumer industries. Despite limitations, such as energy costs, feedstock changes, labor costs, and regulation, the global chemical industry is expected to witness a fairly high growth rate during the forecast period, in turn, driving the demand for chemical injection metering pumps & valves.
Chemicals – The Dominant End-user Industry
Chemicals form the largest end-user segment in the injection metering pumps & valves market. The chemical industry consists of the synthesis of finished or intermediate products. In chemical processing, metering pumps and valves help in handling various toxic chemicals at different temperature and pressure situations. Chemical injection systems also find a major use in power generation. China is the leading manufacturer, followed by the EU and US chemical industry. It was estimated that the Asian chemical production will outpace other regions. China dominates the world ranking. Twelve of the top 30 biggest producers are Asian, accounting for more than 50% of the global market. With the growing demand from the chemical industry, the market for chemical injection metering pumps & valves is projected to grow during the forecast period.
Europe to Dominate the Market
Europe is the largest market for chemical injection metering pumps & valves, accounting for major chunk of the global market. The chemical industry in Germany is the fourth-largest in Europe. Apart from the chemical industry, water treatment facilities in the country have also increased, due to the increased treatment of industrial waste. The increased importance and improved technology will drive growth in the country. Moreover, Russia is one of the largest exporter of natural gas and has oil reserves, which are expected to increase further. In addition to this, the number of oil refineries and their production capacities are increasing, further driving the chemical injection metering pumps & valves market in the country.
Major Players: IDEX Corporation, SkoFlo Industries Inc., SPX FLOW, LEWA GmbH, SEKO, Milton Roy, and The McFarland Group, amongst others.
Chemical Injection Metering Pumps & Valves Market report passes on a fundamental overview of the Market including its definition, applications, and advancement. Furthermore, the Industry report investigates the ecumenical Major Chemical Injection Metering Pumps & Valves Market players in detail. Chemical Injection Metering Pumps & Valves Market report gives key bits of Cautiousness and subsisting status of the Players and is a basic Source obviously and heading for Companies and people energized by the Industry.
Reasons to Purchase this ReportImpact of the growing chemical industry on the marketAnalyzing various perspectives of the market with the help of Porter’s five forces analysisThe pump type and end-user industry that are expected to dominate the marketThe region that is expected to witness the fastest growth during the forecast periodIdentify the latest developments, market shares, and strategies employed by the major market players3 months analyst support, along with the Market Estimate sheet (in excel)
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The Global demand for Chemical Injection Metering Pumps & Valves Market is forecast to report strong development driven by consumption in major evolving markets. More growth opportunities to come up between 2018 and 2025 compared to a few years ago, signifying the rapid pace of change.
Chemical Injection Metering Pumps & Valves Market Historic Data (2012-2018):
- Industry Trends: Status and Outlook.
- Competitive Landscape: By Manufacturers, Development Trends.
- Product Revenue for Top Players: Market Share, Growth Rate, Current Market Situation Analysis.
- Market Segment: By Types, By Applications, By Regions/ Geography.
- Sales Revenue: Market Share, Growth Rate, Current Market Analysis.
Chemical Injection Metering Pumps & Valves Market Forecast (2018-2023):
- Market Size Forecast: Overall Size, By Type/Product Category, By Applications/End Users, By Regions/Geography.
- Key Data (Revenue): Market Size, Market Share, Growth Rate, Growth, Product Sales Price.
Chemical Injection Metering Pumps & Valves Market Influencing Factors:
- Market Environment: Government Policies, Technological Changes, Market Risks.
- Market Drivers: Growing Demand, Reduction in Cost, Market Opportunities and Challenges.
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