The Dosing Systems Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Dosing Systems Global Market Report 2024, The dosing systems market size has grown strongly in recent years. It will grow from $6.18 billion in 2023 to $6.58 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to expansion of water treatment and chemical sectors, industrial automation advancements, demand for precision and accuracy, regulatory shifts and quality standards, increased focus on process efficiency..
The dosing systems market size is expected to see strong growth in the next few years. It will grow to $8.39 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%. The growth in the forecast period can be attributed to stricter compliance standards, expansion in pharmaceutical and healthcare sectors, focus on sustainable and eco-friendly solutions, adoption of industry 4.0 , increasing demand for precision and accurate dosing.. Major trends in the forecast period include utilization of predictive maintenance, increased focus on hygienic design, advancements in pumping technologies, adoption of modular and scalable designs, emphasis on user-friendly interfaces..
The rising demand for wastewater treatment is expected to propel the growth of the dosing system market going forward. Water treatment is the process of improving the quality of wastewater and converting it into a reused form. The purpose of dosing system in wastewater treatment is to inject a product such as chlorine and others into water or fluid to get the desired conditioning. Due to consequence of this reaction, there is a rising demand for dosing system for wastewater treatment. For instance, in August 2021, according to an article published by United Nations Organization, a US-based intergovernmental organization, globally 56 % of household wastewater flows were safely treated through the wastewater treatment process and the aim is to improve water quality by eliminating dumping, reducing pollution, and minimizing release of hazardous chemicals and materials by 2030, that states the rising demand for the wastewater treatment. Therefore, the rising demand for wastewater treatment drives the dosing system market.
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The dosing systems market covered in this report is segmented –
1) By Type: Diaphragm, Piston, Other Types
2) By Sector: Upstream, Midstream, Downstream
3) By Application: Water and Wastewater Treatment, Oil and Gas, Pharmaceuticals, Chemical Processes, Food and Beverages, Paper and Pulp, Offshore
Technological advancements are a key trend gaining popularity in the dosing systems market. Major companies operating in the dosing systems market are advancing towards the use of Internet of Things (IoT) technology and introducing new products to sustain their position in the market. For instance, in August 2022, SEKO, a US-based company operating in the dosing systems market, launched WashMulti Top, an IoT-enabled laundry dosing system. With this product, operators can view live and historical wash data on demand via SEKO’s unique SekoWeb app and online platform consisting of four dosing modules, this information is available 24/7 to users, so they could able to track their operation’s exact cost and ensure that it performs optimally.
The dosing systems market report table of contents includes:
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