Home > Industrial Machinery > Industrial Equipment > Pumps > Dispensing Pump Market
The positive displacement pump was reached USD 2.7 billion in 2023. Positive displacement pumps are preferred for dispensing viscous liquids, such as creams, lotions, and pharmaceutical formulations, in industries where precise dosage is crucial. Positive displacement pumps excel in the chemical industry for metering and dispensing precise amounts of chemicals, including corrosive and abrasive substances.
Based on flow rate, the mid category accounted for over 45% market share in 2022 and is projected to grow through 2032. Medium-flow dispensing pumps find applications in pharmaceutical manufacturing for the controlled dispensing of liquid medications and formulations. In the cosmetics industry, medium-flow pumps are utilized for dispensing beauty products like lotions, serums, and creams. High-flow dispensing pumps are crucial in industries such as automotive manufacturing for dispensing high-viscosity adhesives and sealants.
North America dominated the global dispensing pump market in 2023. Within North America, the U.S. generated a revenue of over USD 4.04 billion in 2023. The pharmaceutical and healthcare industry in North America relies on dispensing pumps for the precise and controlled dispensing of medications in hospitals, clinics, and pharmacies. In the food and beverage sector, dispensing pumps are used for accurate dispensing of ingredients in the production of sauces, condiments, and other food products. The cosmetics and personal care industry in North America employs dispensing pumps for the manufacturing of beauty products, including lotions, creams, and serums.