The liquid filtration and elements market will grow by 15 percent through 2019 predicts the McIlvaine Company in N006 Liquid Filtration and Media World Markets. This forecast is predicated on oil prices of $80/barrel, a Chinese economic growth of 7 percent and modest penetration of the market from competing technologies. At $40/barrel oil, 2 percent economic growth in China and greater penetration of competing technologies, the growth over the next four years could be as low as 8 percent. Click Here For Complete News Release Text
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