Chemical Injection Pumps Are Anticipated To Grow At A Healthy CAGR Of Nearly 5% Through 2029

Industry Insights

According a new research publication by Fact.MR, nearly 1500 thousand units of chemical injection pumps were sold in 2018, and the sales are expected to record over 4% Y-o-Y growth in 2019. In addition to soaring applicability in the oil and gas industry, and water treatment projects, the sales of chemical injection pumps will continue to receive a strong impetus from the growing trend of high-efficiency solar-powered pumps.

As the consistently deteriorating quality of available water and rapidly declining number of natural freshwater reserves continue to exert an additional pressure on governing bodies to meet the cumulative demand for water supply, the water treatment landscape is likely to witness emergence of multiple key developments in the near future. A number of water treatment initiatives are underway, particularly across developing countries, bolstering the demand for associated equipment, such as chemical injection pumps.

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Chemical Injection Pumps Market Insights Segmentation

  • Drive Type

    • Pneumatic
    • Electric
    • Hydraulic
    • Others
  • Product Type

    • Centrifugal Pumps
    • Positive Displacement Pumps
      • Diaphragm Pumps
      • Metering Pumps
      • Lobe Pumps
    • Others
  • End Use Industry

    • Water Treatment
    • Oil & Gas
    • Food & Beverages
    • Pharmaceutical
    • Agricultural
    • Chemical
    • Pulp & Paper
  • By Regions

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia
    • Oceania
    • Middle East & Africa

Asian Countries – The Potential Hotbed of Opportunities

According to the study, the chemical injection pumps market in East Asia is likely to account for over 30% share in the global market volume estimated for 2019. While South Asia is also projected to be among the key regional markets in terms of chemical injection pumps sales, both the regions will remain prime opportunity hubs for stakeholders in the market. Constantly rising petrochemicals demand and increasing concerns regarding deleterious effects of poor water quality have been pushing investments in the oil and gas industry and water treatment sectors, respectively, across East and South Asian countries. While this, according to the report, accounts for a positive outlook for the demand growth of chemical injection pumps within these regional markets, the report also points to the increasing role of governing bodies in establishing a strong base for adoption of specialty application equipment, such as chemical injection pumps.

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