The article cited AMA's "Global Dosing Pump Market Study" explored substantial growth in North America and CAGR of 5.8%. According to the report, Rising Demand for Dosing Pump in the Oil & Gas Industry
is one of the primary growth factors for the market. Stringent Government Regulations Regarding Water Treatment
is also expected to contribute significantly to the Dosing Pump market. Overall, Water & Wastewater Treatment
applications of Dosing Pump, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Sales Channel, such as Online Sales Channel, is boosting the Dosing Pump market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Dosing Pump market identified that the demand is rising in many different parts of the world as "Expansion of Chemical Plant Capacities
". Furthermore, some recent industry insights like "On 28 Nov 2018, Wilden, part of PSG and Dover, and a worldwide leader in air-operated double-diaphragm (AODD) pump technology, has extended its line of specialty AODD pumps with the addition of the new V150 13 mm (1/2") Velocity Series pump. Specifically designed as the complete package for all small-dosing applications – including chemical dosing, surface treatment, lube oil, additive injection, and more – the Velocity Series pump combines complete configuration control with the reliability and performance customers have come to expect with Wilden." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Dosing Pump market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2020 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Dosing Pump market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Dosing Pump market size is calculated using market estimation process, the Dosing Pump market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Dosing Pump market size has been validated using both top-down and bottom-up approaches.