The 2025 market for combust, flow, and treat (CFT) products will be much larger in many industries because of cheap oil and gas in the U.S. McIlvaine is revising its long range forecasts for all CFT products based on an anticipated surge of U.S. oil and gas production in the 2021-25 period. The petrochemical industry will show growth of 8 percent per year while the natural gas processing and transport growth will be even higher. There will be impacts on final products such as plastic and synthetic fibers and then in the industries which finally use those products. This includes building materials, appliances, pharmaceuticals and coatings. Specific revenue impacts for scrubbers, fabric filters, precipitators, valves, pumps, instrumentation, thermal oxidizers, cross flow membranes and treatment chemicals are provided. Click Here For Complete News Release Text
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