Hydraulic Dosing Pump Market size would grow at a lucrative pace over the span of 2021-2027. This can be ascribed to the growth in chemical sector and an increase in demand for sewage treatment for wastewater treatment.
Hydraulic dosing pumps are exclusively developed to inject or pump the exact flow rate of a chemical or substance into gas, water, or steam to cause a physical or chemical reaction. The equipment is generally used to distribute accurate flow rate of a chemical by drawing a measured amount into a chamber.
The market growth is poised to be propelled by the rising implementation of smart dosing technologies across various industries. In addition, an upsurge in investment, living standards of the global population, and growth in global economy have pushed the expansion of urbanization. This is expected to generate lucrative opportunities for the hydraulic dosing pumps market in the near future.
Hydraulic dosing pump market growth is likely to be hampered by the availability of economical and alternative pumps such as solenoid dosing and peristaltic pumps.
Based on the type, hydraulic diaphragm pumps segment is touted to gain considerable returns through 2027. The equipment transmits power using operating oil filled between a piston and a diaphragm. Hydraulic diaphragm pumps possess a built-in safety mechanism that eliminates the need for relief valves for making the pumps effective for use with fluids that are not liable to be exposed to outside air. These pumps find applications in WWT and industrial water treatment industry processes. They are also used in the oil and gas and chemical industries for dosing off toxic and corrosive chemicals.
Based on the end-user vertical, hydraulic dosing pump market would gain notable growth from the wastewater treatment segment. In WWT, hydraulic dosing pumps are generally used for injecting chlorine into a fluid or water stream to cause a chemical reaction. The reaction is expected to either maintain the pH to the desired range or destroy pathogens in the water. Besides, hydraulic dosing pumps, especially hydraulic diaphragm pumps, are a leading technology for WWT owing to the product’s ability to handle the hardest chemicals and offer highly repeatable dosing accuracy. Moreover, the pumps are known to work against extremely high pressures. Increased water pollution and contamination would lead the ground for the adoption of hydraulic dosing pumps, further pushing the segmental growth.
Regionally, Europe hydraulic dosing pump market is forecasted to reap incredible proceeds across the overall industry. This can be ascribed to the rising initiatives by various organizations in the region to carry out wastewater treatment operations given the declining water use statistics. For instance, Bulgaria had in 2021 announced cleaning its beaches with refurbished wastewater treatment facilities. This is anticipated to drive the demand for hydraulic dosing pumps in the region.
Key players operating in the global hydraulic dosing pump industry, such as Grundfos Holding, Dover Corporation, Iwaki Co. Ltd., Verder International B.V., Milton Roy (Ingersoll Rand), IDEX Corporation, and Prominent, have been engaged in strategic practices like acquisitions, collaborations, new product launches and more, to gain a competitive edge in the market.
The massive outbreak of coronavirus pandemic during 2020 has had a considerable impact on the market share of hydraulic dosing pumps. This can be reasoned to the fact that the industrial operations were limited, temporary shutdown of various production units, and imposition of movement restrictions. This brought forth the declining sales for these products. Moreover, sluggish growth of the oil and gas and chemical industries and disruptions in supply chains had further restricted the industry expansion during the first half of 2020.