The occurrence of the pandemic has augmented the research activities for better construction solutions and comfortable working devices. Peristaltic pumps or roller pumps are the electrically charged positive displacement instruments used to pump a variety of fluids. The global peristaltic pumps market was valued at USD 1,182.9 Million in 2019 and is expected to grow at a CAGR of 6.1% to reach USD 1,906.8 Million in 2027.
Market Drivers
With the escalating applications of peristaltic pumps in the healthcare, food and beverage industry, chemical processing, mining, and municipal corporations for wastewater treatment, the market is expected to observe potential growth. The variety of fluid handling capacity, improved design, and easy operational ability make peristaltic pumps the best tool for use in extreme atmospheric conditions, including underground exploration for oil and gas. The low-pressure conditions can also be handled with the help of tubular peristaltic pumps. Reduced maintenance needed for peristaltic systems also acts as a driver to their adoption in the chemical industry for processing.
Regional Analysis
The Asia Pacific held 46.2% of the total market share in 2019 and is projected to be the fastest-growing region in terms of demand and consumption due to the emerging manufacturing industry, the rapid inflow of investments, and increasing mining activities. The oil and gas exploration projects in the area are also projected to promote the market’s growth.
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Key Highlights of Report
In September 2020, Ingersoll Rand Inc. made an announcement about the purchase of Albin Pump SAS (Albin), a company based in Montelimar, France. The acquisition is intended to expand the fluid management technology offerings of Ingersoll Rand Inc.
The peristaltic hose pumps segment held a significant market share in 2019. The most significant benefit offered by a peristaltic hose pump is its ability to operate at a high pressure.
A peristaltic pump is a non-siphoning pump, which prevents fluid backflow into the system, resulting in enhanced precision during dispensing
The paints & coatings segment is likely to expand at a significant rate during the forecast period. The versatility of peristaltic pumps can reliably manage a wide variety of paints and coatings ranging from water-thin liquids to highly viscous fluids.
Europe held a substantial market share in 2019, due to strict legislative policies about water and wastewater treatment, including the Urban Wastewater Treatment Directive (UWWTD) and Water Framework Directive (WFD). Also, rise in the prevalence of neurological and cardiovascular diseases and growth of elderly population drive the demand for peristaltic pumps in the pharmaceutical application, thereby boosting the market in the region.
Key market participants include Verder Group, Wanner Engineering Inc., Gilson Inc., Watson-Marlow Fluid Technology Group, Flowrox Oy, Cole-Parmer Instrument Company LLC, Randolph Austin, WELCO Co. Ltd., IDEX Corporation, and Ravel Hiteks Pvt. Ltd.
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Product Type Outlook (Revenue, USD Million; 2017–2027)
Peristaltic Hose Pumps
Peristaltic Tube Pumps
Discharge Capacity Outlook (Revenue, USD Million; 2017–2027)
Up to 30 psi
30–50 psi
50–100 psi
100–200 psi
Above 200 psi
Industry Vertical Outlook (Revenue, USD Million; 2017–2027)
Medical
Food & Beverage
Mining
Chemical Processing
Water & Wastewater Treatment
Oil & Gas
Pulp & Paper
Paints & Coatings
Others
Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market’s growth?
Research Methodology
Data triangulation and market breakdown
Research assumptions Research data including primary and secondary data
Primary data includes breakdown of primaries and key industry insights
Secondary data includes key data from secondary sources
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Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Peristaltic Pumps Market Segmentation & Impact Analysis
4.1. Peristaltic Pumps Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand in the packaging sector
4.2.2.2. Growth of the building & construction industry
4.2.2.3. Increasing usage in production of adhesive bandages
4.2.2.4. Surging demand from the APAC region
4.2.3. Market restraints analysis
4.2.3.1. Volatility in the price of raw materials
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Peristaltic Pumps Market By Resin Type Insights & Trends, Revenue (USD Million)
Chapter 6. Peristaltic Pumps Market By Substrate Insights & Trends Revenue (USD Million)
Chapter 7. Peristaltic Pumps Market By Distribution Channel Insights & Trends Revenue (USD Million)
Chapter 8. Peristaltic Pumps Market By Application Insights & Trends Revenue (USD Million)
Chapter 9. Peristaltic Pumps Market Regional Outlook
Continued…
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