Dosing systems are commonly used to inject fluids or chemicals in large or small quantity in production & processing, and is used in various processing and manufacturing industries such as textile, thermal power stations, oil & gas, water treatment, food & beverages, pharmaceuticals, paper & pulp, chemical processes, etc. Dosing systems are designed with high accuracy, and it ensures high safety, and security measures, longer service life, and excellent performance.
Increasing importance of wastewater treatment by national governments, and increase in production rate of pharmaceuticals and chemical processing industries are key factors driving growth of the global dosing systems market over the forecast period. In addition, increasing preference for dosing systems, owing to factors such as faster outputs, impart precision, and effectiveness are expected to fuels growth of the global dosing systems market. Moreover, increasing consumer awareness, and technological advancement with chemical processing industries are expected to further fuel growth of the global dosing systems market over the forecast period.
However, high cost of raw materials, and increasing number of coal bed methane reserves are key factors restraining growth of the global dosing systems market over the forecast period. In addition, issues related to lack of greenfield investments is another factor expected to hamper growth of the global dosing systems market in the near future.
Moreover, increasing trend towards automation, innovation, and increasing number of software in these systems are expected to spur demand for dosing systems during the forecast period.
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The market in North America dominates the global dosing systems market in terms of revenue, owing to rapidly growing industrial sectors, followed by Europe respectively. The market in Asia Pacific is expected to witness highest growth in terms of revenue during the forecast period owing to presence of manufacturing facilities of large chemical, food & beverages, paper & pulp, and pharmaceutical companies in countries in this region.
Key players in the global dosing systems market include GRUNDFOS GMBH, IDEX Corporation, ProMinent GmbH, Seko S.p.A., EMEC S.r.l., Gee & Company (Effluent Control & Recovery) Limited, LEWA GmbH, and NETZSCH Pumpen & Systeme GmbH, Blue-White Industries, Ltd., and SPX Corporation.
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