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NEW YORK , March 3, 2022 /PRNewswire/ -- The latest market report titled "Industrial Peristaltic Pumps Market by End-user and Geography - Forecast and Analysis 2022-2026" has been added to Technavio's catalog. The report identifies the market will witness a YOY growth of 5.64% in 2022. The report also forecasts the market to witness an accelerating growth momentum at a CAGR of 6.05% during the forecast period. The report is segmented by (water and wastewater, chemical and petrochemical industry, mining industry, food and beverage industry, and others) and geography (APAC, Europe , North America , South America , and Middle East and Africa ).

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The industrial peristaltic pumps market covers the following areas:

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Technavio categorizes the global industrial peristaltic pumps market as a part of the global industrial machinery market. This report provides extensive information on the value chain analysis for the industrial peristaltic pumps market, which vendors can leverage to gain a competitive advantage during the forecast period.

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The industrial peristaltic pumps market is fragmented and the vendors are deploying growth strategies such as pricing and marketing to compete in the market. Companies are launching products and solutions to gain a competitive advantage over the other players. For instance, Cole-Parmer offers Masterflex peristaltic pump systems that provide superior accuracy and repeatability and ensure optimal performance when used with the proper tubing.

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read Free Sample Report. 

APAC was the largest revenue-generating regional segment of industrial peristaltic pumps market from 2021. The region will continue to contribute to 43% of the growth during the forecast period. China and Japan are the key markets for industrial peristaltic pumps market in APAC. Market growth in this region will be faster than the growth of the market in other regions. Increasing populations with exponential growth in urbanization will facilitate the industrial peristaltic pumps market growth in APAC over the forecast period.

Furthermore, countries such as the US, Russia , Germany are expected to emerge as prominent markets for industrial peristaltic pumps market's growth during the forecast period. 

Know more about this market's geographical distribution along with the detailed analysis of the top regions. https://www.technavio.com/report/industrial-peristaltic-pumps-market-industry-analysis 

The water and wastewater segment held the largest industrial peristaltic pumps market share in 2021. Peristaltic pumps are widely used in this industry and form a basic component for carrying the wastewater to treatment plants besides for internal processes within the plant. Their ability to transport slurry and even untreated water make them an integral part of this industry. Water quality is a big issue in industries such as mining, chemicals, oil and gas, and power. Thus, new environmental regulations on wastewater disposal have compelled companies to make new investments in water and wastewater treatment, in turn, boosting the segment to continue contributing to the growth.

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Key Market Drivers, Trends & Challenges: 

The need for cost-effective pumping solutions is one of the key drivers supporting the industrial peristaltic pumps market growth. Peristaltic pumps are often used to transfer fluids containing 70 to 80% of slurries due to their efficiency compared to specialized slurry pumps. These pumps can be used in areas involving the use of aggressive chemicals as they have a gentle pumping action, causing minimal damage to bio-oxidation techniques. In addition, the demand for metering pumps that incorporate digital technology is another factor supporting the industrial peristaltic pumps market growth. Innovations in metering pumps such as the incorporation of digital technology allow these pumps to monitor conditions such as pressure and flow of the liquid and simultaneously process the output with motor readings in a continuous manner.

However, the availability of a large number of substitutes is one of the factors hindering the industrial peristaltic pumps market growth. As many end-users are not familiar with or comfortable with peristaltic pumps, it becomes a hindrance to the market. As there are a large number of substitutes for peristaltic pumps available in the market, manufacturers experience challenges in realizing the potential industrial end-user market, which leads to a lower generation of revenue from the sale of industrial peristaltic pumps, especially as end-users have a wide range of pumps to choose from.

Download free sample for highlights on market Drivers & Challenges affecting the industrial peristaltic pumps market. 

Don't miss out on the opportunity to speak to our analyst and know more insights about this market report. Our analysts can also help you customize this report according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.  

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Industrial Pumps Market by Product and Geography - Forecast and Analysis 2022-2026

Screw Pumps Market by End-user, Screw Configuration, and Geography - Forecast and Analysis 2022-2026

Industrial Peristaltic Pumps Market Scope

Accelerate at a CAGR of 6.05%

APAC, Europe, North America, South America, and Middle East and Africa

US, China, Japan, Russia, and Germany

Leading companies, Competitive strategies, Consumer engagement scope

AxFlow Holding AB, Cole-Parmer, Dover Corp., Flowserve Corp., Gilson Inc., Graco Inc., Heidolph Instruments GmbH & CO. KG, IDEX Corp., Ingersoll Rand Inc., Neles Corp., ProMinent GmbH, RAGAZZINI srl, Randolph Austin Co., SEKO Spa, Spirax-Sarco Engineering Plc, TAPFLO AB, The Weir Group Plc, Wanner Engineering Inc., Welco Co. Ltd., and Verder International BV

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. 

Contact  Technavio Research  Jesse Maida  Media & Marketing Executive  US: +1 844 364 1100  UK: +44 203 893 3200  Email: [email protected]   Website: www.technavio.com

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