Hydraulic Dosing Pump Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The market for hydraulic dosing pump is expected to grow at CAGR of more than 1.25% in the forecast period of 2020-2025. Factors such as the growth of the chemical sector and the increase in demand for sewage treatment before being discharged into the water bodies to prevent pollution are likely to drive the market. On the other hand, the availability of cheap and alternative pumps like peristaltic and solenoid dosing pumps is a significant factor that is expected to restrain the growth of the market in the upcoming period.

Key Highlights

• Water and Sewage treatment sectors are expected to dominate the market for hydraulic dosing pumps, owing to the upcoming wastewater treatment plants across the globe.
• With projects like Namami Gange and Clean Yamuna Project, in December 2017, India announced to construct 90 sewage treatment plants to treat river Ganga. The projects are expected to be operational in the future, creating significant opportunities for the hydraulic dosing pump market
• With anticipated growth in industries in the chemical sector and water treatment plants, in countries like India and China, the Asia-Pacific region is expected to dominate the market in the forecast period.

Key Market Trends

Water and Sewage Treatment Sector to Dominate the Market

• A hydraulic dosing pump is a positive displacement pump which assists in transporting exact flow rates of different fluids and chemicals into another fluid stream.
• Hydraulic dosing pumps are used in water and sewage treatment for multiple purposes. Operations like pH maintenance of boiler water, protection against corrosion, and precipitation are performed using hydraulic dosing pumps.
• On January 29,2020, the Pennsylvania Infrastructure Investment Authority approved USD 119 million for water and wastewater projects. With this, significant growth in wastewater treatment and demand for dosing pumps is anticipated in the forecast period.
• In Germany, which has the largest capacity of wastewater in Europe, with more than 3000 treatment plants by 2020, has an extensive usage of hydraulic dosage pumps and driving the market for the pumps considerably.
• The United States has shown a robust increase in the expenditure on water and sewage treatment facilities and utilities. With an investment of USD 4,745 million in 2018, the market is driving the demand for dosing pumps significantly.
• Water scarcity and water pollution are some of the major issues that are likely to boost the demand for wastewater treatment and, in turn, drive the demand for hydraulic dosing pumps.

Asia-Pacific to Dominate the Market

• Asia-Pacific is expected to dominate the market for hydraulic dosing pumps, due to expected growth in chemical, water treatment, and petrochemicals during the forecast period.
• With upcoming oil refineries like the Jieyang refinery in China and increasing oil refining capacity of China and India with a collective capacity of more than 20,000 thousand barrels per day, considerable market demand for hydraulic dosing pumps is expected in the forecast period.
• In May 2019, Delhi Jal Board approved setting up of one of the largest sewage treatment plant with the capacity to treat 124 million gallons per day. The plant is expected to witness the significant application of dosing pumps in the forecast period.
• In Beijing, the government is aiming to invest in wastewater treatment and sewer networks to achieve 100% domestic and industrial wastewater treatment. This is going to increase the demand for hydraulic dosing pumps significantly in the forecast period.
• With the rapid growth in the sewage and water treatment, refining, and food processing industries, Asia-Pacific is expected to dominate the market of hydraulic dosing pumps in the forecast period.

Competitive Landscape

The hydraulic dosing pump market is moderately fragmented. Some of the major companies operating in the market include Dover Corporation, ProMinent GmbH, Grundfos Holding A/S, Nikkiso Co Ltd, Iwaki & Co., Ltd, and others

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