Peristaltic Pumps Market Global Forecast To 2021 Peristaltic Pumps Market Global Forecast 2021 | Page 2

The value chain of the peristaltic pumps market starts with the sourcing of raw materials, followed by manufacturing &
assembling of peristaltic pumps and supplying of finished products. These products are supplied to various end-use
industries. Plastics, cast iron, and stainless steel are raw materials used for the production of peristaltic pumps. Some
of the major players operating in the peristaltic pumps market include Watson-Marlow Fluid Technology Group (U.K.),
Verder Group (Netherland), ProMinent Dosiertechnik GmbH (Germany), Cole-Parmer Instrument Company, LLC
(U.S.), Flowrox (Finland), Graco Inc. (U.S.), Wanner Engineering, Inc. (U.S.), IDEX Corporation (U.S.), and SEKO
S.p.A. (Italy).
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.
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.