Table of Contents
Feeding of a substance into process is dosing. This is extensively done in various manufacturing and processing industry verticals for precision, effectiveness, and faster outputs. Dosing systems market has exhibited strong demand over the last few years. The global market size of Dosing systems was estimated to be $3.5 billion in 2014. Innovation and technological advancements are driving the demand of Dosing systems, which is estimated to grow at a CAGR of 5% by 2020.
The increase in demand from food & beverages, water and chemical industries in the emerging economies such as China and India are providing a strong drive to the market growth. Companies are investing in R&D to develop new and improved Dosing systems to meet evolving needs of the end users. Market segmentation by application provides major insights on usage of dosing systems in various end user applications.
Demand of dosing systems for water treatment & chemical processes is poised to exhibit more than the average growth rate. Growing need of water purification and technological advancements are driving the demand of Dosing systems in water and chemical processing industries. Increasing emphasis on improving farming methods in China and India are providing a strong impetus to the dosing system market growth in agriculture. Integration of microelectronics and nanotechnology is consecutively increasing the demand of Dosing systems in oil and gas, pharmaceuticals and other industry verticals.
Growth in the industry is not uniform across the regions. Developed regions such as Europe and North America are estimated to exhibit high growth due to the established water treatment industries. Hence, they command a significant demand for Dosing Systems. Dosing system includes variety of pumps, designed considering the applications, and demands of the end users. Diaphragm, piston, cavity, and peristaltic are the key technologies types used in dosing pumps
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