The Peristaltic Pumps 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 Peristaltic Pumps, The peristaltic pumps market size has grown strongly in recent years. It will grow from $1.62 billion in 2023 to $1.75 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to growing demand for pharmaceutical products and emerging markets growth.
The peristaltic pumps market size is expected to see strong growth in the next few years. It will grow to $2.44 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to rapid industrialization and growth in manufacturing industries and rising investments in water and wastewater treatment infrastructure. Major trends in the forecast period include advanced peristaltic filling pumps, touch screen technology, new product launches, technology advancements and mergers and acquisitions.
During the forecast period, the rising investments in water and wastewater treatment infrastructure will support the growth of the peristaltic pumps market. Peristaltic pumps are widely used in wastewater treatment systems for handling viscous sludge with a high solid concentration. According to the US Environmental Protection Agency (EPA) estimates, about $655 billion in investment will be needed in the next 20 years for water and wastewater infrastructure in the USA. In August 2022, the US Environmental Protection Agency and the US Department of Agriculture launched a pilot project to support wastewater infrastructure and to address unmet sanitation needs in rural areas throughout the USA. Therefore, the growth in water and wastewater treatment infrastructure investments will drive the peristaltic pumps market.
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The peristaltic pumps market covered in this report is segmented –
1) By Type: Peristaltic Tube Pumps, Peristaltic Hose Pumps
2) By Product Type: Fixed Speed Pumps, Variable Speed Pumps
3) By Discharge Capacity: Up to 30 psi, 30-50 psi, 50-100 psi, 100-200 psi, Above 200 psi
4) By End-User: Pharmaceutical And Medical, Water And Wastewater Treatment, Food And Beverage, Chemical Processing, Mining, Pulp And Paper, Other End-Users
The use of touch screen technology is a key trend gaining traction in the peristaltic pumps market, featuring peristaltic pumps with a touch screen display of flow rate, dispensed volume and flow direction for real-time monitoring. For example, in February 2021, High Purity New England (HPNE), a US-based supplier of single-use solutions for the biopharmaceutical industry, launched the VerderFlex Vantage 5000 peristaltic pump from Verder Inc, a Netherlands-based manufacturer of pumps. According to a press release from HPNE, the pump has a flow rate range of 70 l/min to 6600 ml/min, is suitable for low to medium flow at low to medium pressures and has record-keeping and control features as well as high resolution 4000:1 turndown drive. Additionally, the pump features a touch screen, downloadable jobs and pump histories and the capability of remote pump monitoring via the Verderflex App. The touchscreen also offers icon-based programming, real-time events with timestamps and USB (universal serial bus) onboard storage capabilities.
The peristaltic pumps market report table of contents includes:
1. Executive Summary
2. Peristaltic Pumps Market Characteristics
3.Peristaltic Pumps Market Trends And Strategies
4. Peristaltic Pumps Market Analysis.
5.Peristaltic Pumps Market Size And Growth
6.Peristaltic Pumps Segmentation
7. Peristaltic Pumps Regional And Country Analysis
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27.Peristaltic Pumps Competitive Landscape And Company Profiles
28. Peristaltic Pumps Key Mergers And Acquisitions
29.Peristaltic Pumps Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Valmet Oyj,
- IDEX Corporation,
- Ingersoll Rand,
- Spirax-Sarco Engineering PLC,
- Graco, Inc.
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