Pump and valve purchases in 2012 by power plants, municipalities and industry will be $90 billion. The biggest purchasers in the power industry will be investors in coal-fired power plants. Most of these power plants are being built in Asia. Combined cycle gas turbine construction will account for a relatively small portion of the power total. The nuclear industry represents an even smaller segment. A sizable portion of the investment in a new hydropower plant is for flow control but only a few large hydro plants will be built in 2012. Municipal wastewater treatment plants use more pumps and valves in the treatment process than drinking water plants but the amount of water moved from and to the plants is roughly equal. Water reuse is becoming much more popular recently. This expands the market for treatment and, in some cases, also increases the transport requirements. Asia is the largest purchaser and will continue to gain over the other regions in the next five years. Click Here For Complete News Release Text
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