Industrial Peristaltic Pumps Market by End-user and Geography - Forecast and Analysis 2022-2026

The industrial peristaltic pumps market share is expected to increase by USD 520.02 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.05%. Furthermore, this report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches.

This industrial peristaltic pumps market research report extensively covers market segmentation by end-user (water and wastewater, chemical and petrochemical industry, mining industry, food and beverage industry, and others) and geography (APAC, Europe, North America, South America, and Middle East and Africa).

The industrial peristaltic pumps market report also offers information on several market vendors, including AxFlow Holding AB, Cole-Parmer, Dover Corp., Flowserve Corp., Gilson Inc., Graco Inc., Heidolph Instruments GmbH & CO. KG, IDEX Corp., Ingersoll Rand Inc., Neles Corp., ProMinent GmbH, RAGAZZINI srl, Randolph Austin Co., SEKO Spa, Spirax-Sarco Engineering Plc, TAPFLO AB, The Weir Group Plc, Wanner Engineering Inc., Welco Co. Ltd., and Verder International BV among others.

What will the Industrial Peristaltic Pumps Market Size be During the Forecast Period?

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Industrial Peristaltic Pumps Market: Key Drivers, Trends, and Challenges

The need for cost-effective pumping solutions is notably driving the industrial peristaltic pumps market growth, although factors such as the availability of large number of substitutes may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the industrial peristaltic pumps industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Industrial Peristaltic Pumps Market Driver

• The need for cost-effective pumping solutions is one of the key drivers supporting the industrial peristaltic pumps market growth. 
• A peristaltic pump is a type of positive displacement pump, which is used for pumping different fluids. They are mainly used to transfer fluids that contain 70%-80 % of solid content, i.e., slurries, as these pumps are more efficient than specialized slurry pumps.
• The pumps transfer fluids without allowing them to be exposed to the environment and thus, prevent them from contaminating other fluids.
• The pumps can be used in areas that involve the use of aggressive chemicals, solid slurries, and even materials whose isolation from the environment and other products is imperative.
• The pumps have a gentle pumping action, which causes minimal damage to bio-oxidation techniques. These effective factors will drive market growth during the forecast period.

Key Industrial Peristaltic Pumps Market Trend

• Demand for metering pumps that incorporate digital technology is another factor supporting the industrial peristaltic pumps market growth. 
• Innovations in metering pumps such as the incorporation of digital technology allow these pumps to monitor conditions such as pressure and flow of the liquid and simultaneously process the output with motor readings in a continuous manner.
• The technological innovations also help in applications such as ultra-filtration and reverse osmosis and even track the performance and condition of the pump.
• The incorporation of dosing, measuring, and controlling into a single pump eliminates the need to make arithmetic calculations to set up the pump flow.
• The pumps only need to supply the desired input injection rates. Thus, the introduction of technologically advanced peristaltic pumps will lead to their demand during the forecast period.

Key Industrial Peristaltic Pumps Market Challenge

• The availability of large number of substitutes is one of the factors hindering the industrial peristaltic pumps market growth. 
• PD pumps such as gear pumps, lobe pumps, and peristaltic pumps can all be used for the same applications in the industry. However, the end-users who are unaware of the specific pumps end up installing any type of pump that is easily available to them.
• As there are a large number of substitutes for peristaltic pumps available in the market, manufacturers experience challenges in realizing the potential industrial end-user market, which leads to a lower generation of revenue from the sale of industrial peristaltic pumps, especially as end-users have a wide range of pumps to choose from.
• The availability of a large number of substitutes will pose a challenge to the vendors in the market during the forecast period.

This industrial peristaltic pumps market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global industrial peristaltic pumps market as a part of the global industrial machinery market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the industrial peristaltic pumps market during the forecast period.

Who are the Major Industrial Peristaltic Pumps Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• AxFlow Holding AB
• Cole-Parmer
• Dover Corp.
• Flowserve Corp.
• Gilson Inc.
• Graco Inc.
• Heidolph Instruments GmbH & CO. KG
• IDEX Corp.
• Ingersoll Rand Inc.
• Neles Corp.
• ProMinent GmbH
• RAGAZZINI srl
• Randolph Austin Co.
• SEKO Spa
• Spirax-Sarco Engineering Plc
• TAPFLO AB
• The Weir Group Plc
• Wanner Engineering Inc.
• Welco Co. Ltd.
• Verder International BV

 

This statistical study of the industrial peristaltic pumps market encompasses successful business strategies deployed by the key vendors. The industrial peristaltic pumps market is fragmented and the vendors are deploying growth strategies such as pricing and marketing to compete in the market.

Product Insights and News

• Cole-Parmer is a privately held company headquartered in the US. It is a global company, with limited information regarding its financials and limited information regarding its employee strength is available. Its revenue from the global industrial peristaltic pumps market contributes to its overall revenues along with its other offerings, but it is not a key revenue stream for the company.
• Cole-Parmer - The company offers Masterflex peristaltic pump systems that provide superior accuracy and repeatability and ensure optimal performance when used with the proper tubing.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The industrial peristaltic pumps market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Industrial Peristaltic Pumps Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the industrial peristaltic pumps market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Industrial Peristaltic Pumps Market?

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43% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for industrial peristaltic pumps in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Increasing populations with exponential growth in urbanization will facilitate the industrial peristaltic pumps market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the industrial peristaltic pumps market in APAC faced certain challenges owing to the outbreak of COVID-19. However, the governments of various countries in the region have announced economic stimulus packages to bail out the economies from the negative effects of the pandemic. For instance, in May 2020, India announced a stimulus package of about $260 billion to counter the severe impact of COVID-19 on the economy. Such relief packages will help different end-user industries to boost their production and sales, which, in turn, is anticipated to propel the demand for industrial peristaltic pumps during the forecast period.

What are the Revenue-generating End-user Segments in the Industrial Peristaltic Pumps Market?

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The industrial peristaltic pumps market share growth by the water and wastewater segment will be significant during the forecast period. Peristaltic pumps are widely used in this industry and form a basic component for carrying the wastewater to treatment plants besides for internal processes within the plant. Their ability to transport slurry and even untreated water make them an integral part of this industry. In the present scenario, there has been an increase in demand for water owing to the continuous increase in population worldwide and rapid urbanization. Basically, irrespective of the industry, water contamination poses a huge problem. Water quality is a big issue in industries such as mining, chemicals, oil and gas, and power. Thus, new environmental regulations on wastewater disposal have compelled companies to make new investments in water and wastewater treatment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the industrial peristaltic pumps market size and actionable market insights on post COVID-19 impact on each segment.

 

Industrial Peristaltic Pumps Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 6.05%
Market growth 2022-2026	$ 520.02 million
Market structure	Fragmented
YoY growth (%)	5.64
Regional analysis	APAC, Europe, North America, South America, and Middle East and Africa
Performing market contribution	APAC at 43%
Key consumer countries	US, China, Japan, Russia, and Germany
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	AxFlow Holding AB, Cole-Parmer, Dover Corp., Flowserve Corp., Gilson Inc., Graco Inc., Heidolph Instruments GmbH & CO. KG, IDEX Corp., Ingersoll Rand Inc., Neles Corp., ProMinent GmbH, RAGAZZINI srl, Randolph Austin Co., SEKO Spa, Spirax-Sarco Engineering Plc, TAPFLO AB, The Weir Group Plc, Wanner Engineering Inc., Welco Co. Ltd., and Verder International BV
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Industrial Peristaltic Pumps Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive industrial peristaltic pumps market growth during the next five years
• Precise estimation of the industrial peristaltic pumps market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the industrial peristaltic pumps industry across APAC, Europe, North America, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of industrial peristaltic pumps market vendors

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