The peristaltic pumps market is estimated to be USD 1.2 billion in 2020 and is projected to reach USD 1.8 billion by 2025, at a CAGR of 6.4% between 2020 to 2025. The growing pharmaceutical & medical, water & wastewater treatment, and food & beverage industry will drive the market. The unique peristaltic pump features and the increasing awareness in the end-use industries are anticipated to drive the market during the forecast period.
Peristaltic pumps, also known as roller pumps, are positive displacement pumps mainly used to pump different types of liquids. The liquid is controlled in an elastic tube or hose, which is fixed inside a circular pump. The rotor inside the pump is attached with shoes, rollers, wipers, and lobes to the outside boundary of the rotor, which reduces flexible tubes or hose. When the rotor rotates, the fraction of the tube in compression can be pinched closed, which forces the liquid to travel throughout the tube. In addition to this, when the tube opens to its usual state, the liquid flow can be induced toward the pump. This is named as peristalsis.
Peristaltic pumps offer features, such as seal-less design, low protection costs, self-priming & dry running, gentle pushing act, high suction pick up, scratch resistance, solid managing, reversible, no fall, and precise dosing and clean. Due to these features, peristaltic pumps find application in pharmaceuticals & medical, water & wastewater treatment, food & beverage, chemical processing, mining, pulp & paper, and other end-use industries.
New product launch, expansion, and merger & acquisition were the key strategies adopted by the major players to achieve growth in the global peristaltic pumps market between 2017 and 2020. The major players in the peristaltic pumps market are Watson-Marlow Fluid Technology Group (WMFTG) (US), Verder Group (Netherlands), Cole-Parmer Instrument Company LLC (US), ProMinent Group (Germany), Graco Inc. (US), Flowrox (Finland), IDEX Corporation (US), Randolph Austin (US), Heidolph Instruments (Germany), and Wanner Engineering (US).
To know about the assumptions considered for the study download the pdf brochure
COVID-19 has increased the demand for peristaltic pumps, and the market is projected to grow by 7.4% in 2020. The growth in 2020 is mainly driven by the increasing demand for tube pumps in the pharmaceutical & medical industry. The increase in research & development activities amid COVID-19 with high demand for ventilators and vial filling machines are crucial factors driving the peristaltic pumps market currently. The hose pumps segment is expected to experience slow growth due to slowdown in food & beverage, mining, chemical processing, pulp & paper industries.
The companies have initiated the following developments:
- In July 2020, Watson-Marlow Fluid Technology Group (WMFTG) has established a new production facility of 16,200 m2 at Aflex, Yorkshire, through the investment of USD 25.3 million.
- In July 2020, Cole-Parmer Instrument Company LLC has launched New MASTERFLEX ISMATEC REGLO, a digital peristaltic pump ideal for the laboratory. It is equipped with flow driven technology that supports precision dispensing. The new Reglo pumps have a wider overall flow range with the option of dosing between 0.00009- and 368-mL/min.
- In April 2020, ProMinent Group has launched the metering and drainage station, DULCODOS SAFE-IBC for the safe handling of chemicals. It is the special metering and drainage station for Intermediate Bulk Containers (IBC) with almost complete residual drainage.
- In March 2020, Verder Group has launched the Rapide 5000 peristaltic pump, which combines single or three phase-powered industrial gear motor. The pump is ideal as a standalone single- or double-head pump or integrated into a system, such as a printing press.
Request for Sample Report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=194304410
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, and strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Company Name: MarketsandMarkets
Contact Person: Mr. Aashish Mehra
Email: Send Email
Address:630 Dundee Road Suite 430
State: IL 60062
Country: United States