Market Size of Dosing System Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.92 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Asia Pacific |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Dosing System Market Analysis
The dosing system market size is expected to grow from USD 3.24 billion in 2023 to USD 4.12 billion by 2028, registering a CAGR of 4.92% during the forecast period.
- Over the medium term, the growing sectors, like chemical industries and sewage treatment, are expected to drive the market forward significantly in the forecast period. Increasing investments in water treatment by developing countries are also creating a favorable demand for these pumps.
- On the other hand, the availability of cheap and alternative pumps is a significant factor that restrains the growth of the market in the upcoming period.
- Nevertheless, with projects, like Namami Gange and Clean Yamuna Project, in December 2017, India announced the construction of 90 sewage treatment plants to treat the river Ganga alone. Futher, increasing technological advancements and innovations in manufacturing dosing pumps, such projects and developments are expected to create significant opportunities for the dosing pump market.