The Reports and Insights, a leading market research company, has recently releases report titled “Peristaltic Pumps Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032.” The study provides a detailed analysis of the industry, including the global Peristaltic Pumps Market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights:
How big is the Peristaltic Pumps Market?
The peristaltic pumps market size reached US$ 2.24 billion in 2023. Looking forward, Reports and Insights expects the market to reach US$ 4.05 billion by 2032, exhibiting a growth rate (CAGR) of 6.8% during 2024-2032.
What are Peristaltic Pumps?
Peristaltic pumps, also known as tube pumps, are a type of positive displacement pump utilized for transferring various fluids. These pumps operate by compressing a flexible tube with rollers or shoes, which propels the fluid through the tube. As the rollers advance, they create a vacuum effect, pulling the fluid into the tube. Subsequently, as the rollers retract, the tube returns to its original shape, expelling the fluid. Peristaltic pumps are favored for their gentle pumping action, making them suitable for handling delicate or shear-sensitive fluids, as well as applications requiring precise flow rates.
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What are the growth prospects and trends in the Peristaltic Pumps industry?
The peristaltic pumps market growth is driven by various factors. The market for peristaltic pumps is seeing consistent growth, propelled by their extensive use across industries like pharmaceuticals, water treatment, and food and beverage. These pumps are favored for their gentle pumping, precise flow control, and ability to handle abrasive or viscous fluids. Moreover, the rising need for compact and portable pump solutions, along with advancements in pump technology, is boosting market expansion. Emerging trends, such as the incorporation of IoT and digitalization in pump systems, are poised to open up new avenues for industry participants. Hence, all these factors contribute to peristaltic pumps market growth.
What is included in market segmentation?
The report has segmented the market into the following categories:
By End Use Industry
- Pharmaceutical Biotechnology
- Water Wastewater Treatment
- Food Beverage
- Industrial
- Chemical Processing
- Mining
- Healthcare
- Construction
- Paint and Pigments
- Automotive
- OEM (Process Industries)
- Others
By Application
- Dosing
- Dispensing or Filling
- Filteration
- Metering
- Others
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
- Poland
- Benelux
- Nordic
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- ASEAN
- Australia New Zealand
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Argentina
Middle East Africa
- Saudi Arabia
- South Africa
- United Arab Emirates
- Israel
- Rest of MEA
Who are the key players operating in the industry?
The report covers the major market players including:
- Watson Marlow
- Ravel Hiteks Pvt. Ltd.
- Graco Inc.
- FLOWTECH
- Wanner Engineering
- Verder Group
- Randolph Austin
- Gilson Inc.
- TMVT Industries Pvt. Ltd
- Pumpsquare Systems LLP
- Jieheng Peristaltic Pumps Co., Ltd.
- ProMinent Group
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