Pump Sales in 2009 Will Remain at $32 Billion
Despite the recession sales of pumps in 2009 will remain at the 2008 level of $32 billion worldwide. There will substantial reductions in revenues in some markets but gains in others. This is the conclusion reached by the McIlvaine Company in the latest analysis in Pumps World Markets.
Centrifugal pumps will be the biggest product group.
Pump Revenues ($ Millions)
Subject 2009
Centrifugal 23,872
Diaphragm 2,786
Reciprocating 2,330
Rotary 3,786
Rotary pumps will edge the diaphragm segment with $1 billion more in revenues. Reciprocating pump sales will be slightly lower than sales of diaphragm pumps.
Some industries will show increases. They include municipal water and municipal wastewater. Combined, these two markets will generate $12 billion in revenues. The stimulus funding in the U.S. and China are the main drivers for this market increase.
Industry Rankings
Industry 2009
Wastewater 1
Other Industries 2
Water 3
Chemical 4
Refinery 5
Power 6
Oil and Gas 7
Stone 8
Pulp and Paper 9
Food 10
Metals 11
Pharmaceutical 12
Mining 13
Flood Control 14
Electronics 15
The power market will remain flat, but there will be decreases in chemicals, mining, metals, refinery, stone and pulp and paper. Asia will show modest increases whereas the European market will shrink.
For more information on Pumps World Markets, click on: http://www.mcilvainecompany.com/brochures/water.html#N019.
Bob McIlvaine
847-784-0012
rmcilvaine@mcilvainecompany.com