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Dispensing Pump Market Analysis

  • Report ID: GMI7645
  • Published Date: Dec 2023
  • Report Format: PDF

Dispensing Pump Market Analysis

The positive displacement pump was reached USD 2.7 billion in 2023. Positive displacement pumps are preferred for dispensing viscous liquids, such as creams, lotions, and pharmaceutical formulations, in industries where precise dosage is crucial. Positive displacement pumps excel in the chemical industry for metering and dispensing precise amounts of chemicals, including corrosive and abrasive substances.
 

Global Dispensing Pump Market Revenue Share (%), By Flow Rate, 2023

Based on flow rate, the mid category accounted for over 45% market share in 2022 and is projected to grow through 2032. Medium-flow dispensing pumps find applications in pharmaceutical manufacturing for the controlled dispensing of liquid medications and formulations. In the cosmetics industry, medium-flow pumps are utilized for dispensing beauty products like lotions, serums, and creams. High-flow dispensing pumps are crucial in industries such as automotive manufacturing for dispensing high-viscosity adhesives and sealants.
 

U.S. Dispensing Pumps Market Size, 2021 - 2032 (USD Billion)

North America dominated the global dispensing pump market in 2023. Within North America, the U.S. generated a revenue of over USD 4.04 billion in 2023. The pharmaceutical and healthcare industry in North America relies on dispensing pumps for the precise and controlled dispensing of medications in hospitals, clinics, and pharmacies. In the food and beverage sector, dispensing pumps are used for accurate dispensing of ingredients in the production of sauces, condiments, and other food products. The cosmetics and personal care industry in North America employs dispensing pumps for the manufacturing of beauty products, including lotions, creams, and serums.
 

Authors: Avinash Singh, Sharad Varpe

Frequently Asked Questions (FAQ) :

The market size of dispensing pump was worth USD 7.7 billion in 2023 and is anticipated to register a CAGR of over 5.6% between 2024 and 2032, driven by the need for precise and controlled dispensing in industrial automation processes, including manufacturing and assembly lines.

The positive displacement pump segment accounted for USD 2.7 billion in 2023 and is expected to grow at a lucrative pace through 2032, fuelled by its utility in the chemical industry for metering and dispensing precise amounts of chemicals.

What factors are pushing the growth of the U.S. dispensing pump market? The U.S. dispensing pump industry generated a revenue of over USD 4.04 billion in 2023 and is poised to grow at a robust rate through 2032, driven by the extensive usage of product in booming sectors, such as medical institutions, food & beverages, cosmetics & personal care industries.

Graco Inc., Idex Corporation, Watson-Marlow and Fluid Technology Group are some of the major industry contenders.

Dispensing Pump Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 357
  • Countries covered: 20
  • Pages: 300
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