Market Size of Hydraulic Dosing Pump Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | > 1.25 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Hydraulic Dosing Pump Market Analysis
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.
- 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.
