Metering pumps allow a specified amount of liquid to move at an accurate flow rate. Delivering fluids at precise rates is known as metering. They are mostly used for pumping chemicals and solutions at high pressure.
Plunger metering pumps are positive displacement pumps which pump liquids at a constant rate. They are driven by a piston, and hence are also known as piston pumps. The plunger metering pumps market is expected to display an average growth rate over the forecast period (2014-2020). It will lose its market share to diaphragm pumps due to the inability to handle abrasive liquids. The aim of energy efficiency equipments and their strict use in their utilization will drive the plunger metering pumps market.
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Applications of the plunger metering pumps market include food & beverages, chemical processing, pulp & paper, water treatment, petrochemicals, oil & gas, and pharmaceuticals. Water treatment is the largest application of the market in 2013 in terms of market value and production. It is projected to reach a market value of almost USD 2 billion by 2020.
Regions covered by the market are North America, Asia Pacific, Europe, and RoW (Rest of the World). Asia Pacific is the largest growing market during the forecast period. China, especially will exhibit a rapid growth rate in the plunger metering pumps market owing to the cheap labor and myriad of end-use industries. Asia Pacific is expected to lead the market by 2020 owing to high investments from manufacturers. Europe was the second largest market, on account of stringent regulations regarding water sanitation and treatment. Additionally, the majority of the European Union have decided to implement the Kyoto protocol and reduce green house emissions by 2020.
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Prominent players operating in the plunger metering pumps market include Seko S.P.A., Mcfarland-Tritan LLC, Milton Roy Company, Swelore Engineering Private Limited, and Injection Technical Control Corporation.