Sunday 27 August 2017

What Makes Peristaltic Pumps Market A Million Dollar Industry?

A peristaltic pump is positive displacement pump that transfers a wide variety of fluids. This pump doesn’t have valves, seals and glands, it’s an inexpensive pump to maintain. Every peristaltic pump features flexible hoses or tubes, giving an open flow path which gives a high resistance to abrasion and permits the easy flow of solids and viscous media.  The working principle of a peristaltic pump is based on moving a product through a hose, by compressing and decompressing. The ‘shoes’ of the pump are fixed onto the rotor of the pump, which press the fluid through the pump. The working principle is similar to how our body pumps blood, nutrition and oxygen.

The peristaltic pumps market is projected to reach USD 467.5 Million by 2021, at a CAGR of 6.8% from 2016 to 2021. Peristaltic pumps are widely utilized in several end-use industries such as pharmaceuticals, water & wastewater treatment, mining, chemical processing, food & beverages, and pulp & paper. The increasing applicability of peristaltic pumps across these end-use industries is expected to drive the growth of the peristaltic pumps market in the near future.

Peristaltic Pumps
Peristaltic Pumps


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Based on type, the peristaltic pumps market has been segmented into peristaltic tube pumps and peristaltic hose pumps. Peristaltic tube pumps are suitable for contamination-free pumping of shear sensitive fluids, viscous sludge or slurries, and aggressive acids and caustics. Furthermore, in peristaltic tubing pumps, the tube is the only material that is in contact with the fluid. The tube can be changed to avoid contamination, and the chemical compatibility of the pump can be tailored in accordance with the application for which these peristaltic tube pumps are used by changing the tubing material.

Slow industrialization in the North American and European regions and lack of Greenfield investments are factors anticipated to restraint the growth of the peristaltic pumps market. The Asia-Pacific region is projected to be the leading market for peristaltic pumps. Among all countries in the Asia-Pacific region, China is expected to be the fastest-growing market for peristaltic pumps during the forecast period. India, Japan, and South Korea are major countries contributing to the growth of the peristaltic pumps market in this region. The increasing demand for peristaltic pumps from varied end-use industries, such as pharmaceuticals, water & wastewater treatment, mining, and chemical processing is expected to drive the growth of the peristaltic pumps market in the Asia-Pacific region.