The global dispensing pumps market size was USD 4.55 Billion in 2022 and is expected to register a revenue CAGR of 4.7% over the forecast period, according to the latest report by Reports and Data.
Dispensing pumps are widely employed in various sectors for the accurate and efficient distribution of liquids, creams, gels, and pastes. Pistons, pump chambers, pump heads, and collars make up a dispensing pump, which is used to deliver a consistent and steady volume of liquid. They are perfect for viscous substances including lotions, liquid soaps, water, shampoos, as well as medications, cosmetics, and other goods for health and beauty.
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Market Overview:
As a result of steady revenue growth over the past few years, the manufacturing and construction industry is expected to achieve a robust annual revenue growth rate between 2021 and 2028. In addition to the rapidly growing construction industry, rapid urbanization and industrialization, and technological advancements in manufacturing techniques, this can also be attributed to these factors. Green construction and energy efficient buildings have become increasingly popular in recent years as awareness of environmental impact and carbon emissions has increased. Over the forecast period, key factors are expected to boost global market growth, including the rapid growth of global populations, changing lifestyle preferences, the increasing demand for smart buildings, an increase in renovation and reconstruction activities, and an increase in eco-friendly construction activities. Other factors that will contribute to market growth in the future include an increase in disposable income, government schemes, and investments by private organizations.
Competitive Landscape:
The global market comprises various market players operating at regional and global levels. These key players are adopting various strategies such as license agreements, partnerships, merger and acquisitions, collaborations, RD investments, and joint ventures to gain robust footing in the market.
Major Companies:
- IDEX Corporation
- Dover Corporation
- Flowserve Corporation
- Graco Inc.
- Watson-Marlow Fluid Technology Group
- Yamada Corporation
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Dispensing Pumps Market Segmentation:
Type Outlook:
- Peristaltic
- Diaphragm
- Piston
Application Outlook:
- Pharmaceuticals
- Food Beverage (FB)
- Personal Care
- Others
Regional Outlook:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)
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