2019 Industrial Pump Market to Exceed $58 Billion
Sales of industrial pumps will reach $58.5 billion in 2019 according to the
latest forecasts in Pumps World Market
published by the McIlvaine Company.
(www.mcilvainecompany.com)
Industrial Pump Revenues $ Millions
Subject |
2019 |
Total |
58,500 |
Centrifugal |
41,000 |
Diaphragm |
4,300 |
Reciprocating |
7,400 |
Rotary |
5,800 |
The new forecast includes pumps to transport liquids in the oil and gas
industry. This is a $10.5 billion market and has previously been treated
separately and not included in the total industrial forecasts. The
centrifugal segment in oil and gas transfer is over $6 billion. When included,
the 2019 centrifugal pump forecast rises from $35 billion to $41 billion.
Electric submersible pumps comprise more than 50 percent of the centrifugal
segment in oil and gas. This segment is dominated by a few large
companies. Reciprocating pumps are also widely used in oil and gas. The
acquisition of Lufkin by GE has created a market leader.
The fall in oil prices has been taken into account in the 2019 forecast.
McIlvaine concludes that oil demand will rise even faster with lower oil prices.
Pump demand is proportional to oil quantities and not oil revenues. The need for
older wells to install artificial lift pumps just to maintain existing
production levels is another positive factor.
Lower oil prices could negatively impact pump sales in 2015 as there is a
cutback on drilling projects. However, the OPEC countries need the higher prices
in order to pay for government programs.
So increased demand plus the longer term needs of OPEC countries will
lead to higher oil prices over the coming years.
For more information on
Pumps World Market,
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GDP UPDATE HEADLINES
December 2014
TABLE OF CONTENTS
AMERICAS
·
UNITED STATES
·
VENEZUELA
ASIA
·
CHINA
·
INDIA
·
JAPAN
·
THAILAND
EUROPE / AFRICA / MIDDLE EAST
·
EUROPEAN UNION
·
IRELAND
·
PORTUGAL
·
TURKEY
Stronger demand for services could drive the United States GDP growth rate
higher, causing many investment banks to turn bullish just as U.S. stocks see a
wide selloff.
Service industry revenue rose 5% year-over-year in the third quarter of 2014,
far above analysts’ expectations. Economists are attributing the surprise surge
to greater discretionary purchasing power amongst American consumers as oil
prices fall. The news caused analysts at JP Morgan to upgrade GDP expectations
from 4.3% to 4.4%, while Barclays raised their expectation from 4.1% to 4.2%.......The
remaining text is not included in this sample.
Venezuela's economy shrank by 4.2% in the first three quarters of 2014, an
adviser to the country's main opposition group said, after almost a year of
official silence about the state of the OPEC nation's economy.
The central bank has not published any GDP data for this year and has not
revealed inflation figures since August's 63.4% 12-month reading, spurring
criticism that President Nicolas Maduro is hiding bad economic news.......The
remaining text is not included in this sample.
Investors will keep an ear to the ground as China's policymakers gather in
Beijing for the country's Central Economic Work Conference (CEWC) – a
closed-door annual meeting that sets economic priorities for the coming year.
Dates for the meeting have not been officially announced, but the meeting is
expected to kick off on December 16, according to Ta Kung Pao - a Hong
Kong-based newspaper with ties to the mainland government. The meeting usually
lasts 2-3 days.
A key issue for the CEWC will be setting next year's gross domestic product
(GDP) growth target, viewed as an important signal of policy intentions.
......The remaining text is not included in this sample.
India's GDP growth is likely to recover in the next financial year, 2015-16, and
may surpass China's growth by 2016-17, according to Hemant Kanawala, head of
equity at Kotak Life Insurance.
"The Indian GDP is likely to recover in FY16. We are expecting that growth will
recover above 6% next year and by CY16 (Calendar Year 2016) or FY17 India is
likely to surpass GDP growth of even China. India is likely to emerge one of the
fastest growing economies among the emerging markets," he said. ......The
remaining text is not included in this sample.
Japan’s economy shrank more than previously estimated in the third quarter,
contracting 1.9% as capital spending declined and private consumption remained
weak.
The economy has now contracted for two consecutive quarters, a common definition
for recession, the data confirmed, less than a week before general elections
that Prime Minister Shinzo Abe has framed as a referendum on his economic
policies.
Last month, the government estimated that gross domestic product contracted 1.6%
during the July-September period. Soon after, Mr. Abe cited the weak economy in
saying he would delay a second increase in the nation’s sales tax, and called a
snap election in search of a mandate. ......The remaining text is not
included in this sample.
Thailand's economy may expand by less than 1% in 2014 due to weak exports and
slow government spending, according to Finance Minister Sommai Phasee.
"This year's growth may not be 1%," Mr Sommai said. ......The remaining text
is not included in this sample.
Malta's Individual Consumption decreased slightly in 2013 and saw its GDP
increase by a similar margin, according to a Eurostat report
The report uses Actual Individual Consumption (AIC) as a measure of material
welfare of households. In 2013, AIC per capita expressed in Purchasing Power
Standards (PPS) varied from 49% to 136% of the EU28 average across the Member
States. ......The remaining text is not included in this sample.
The Irish economy remains on course to grow by around 4.7% this year despite a
slowdown in gross domestic product growth in the third quarter, Finance Minister
Michael Noonan said. ......The remaining text is not included in this sample.
Portugal’s economy may grow at the fastest rate in 2015 since before the
financial crisis if oil prices don’t rebound, according to Economy Minister
Antonio Pires de Lima.
Gross domestic product may expand more than 2% next year, exceeding the
government’s 1.5% forecast, barring a rally in the price of oil, Pires de Lima
said. That would be the fastest pace since 2007.
The country’s 2015 budget used a forecast of $96.70 a barrel for next year’s
Brent crude oil prices. Brent for January settlement rose 1% recently to $66.84
a barrel, 30% below that forecast, after reaching a five-year low the previous
day. ......The remaining text is not included in this sample.
Turkey’s economic growth slowed in the third quarter as falling borrowing costs
failed to spur domestic demand and agricultural output contracted.
Gross domestic product grew 1.7%, the slowest pace since 2012, compared with a
revised 2.2% during the previous three months, according to official data. The
median estimate in a Bloomberg survey of 18 analysts was 2.8%.
Seasonally-adjusted output rose 0.4% from the previous quarter. ......The
remaining text is not included in this sample.
A complete analysis of GDP and monthly updates for individual countries are
included as part of
Pumps World Market.
For more information on
Pumps World Market,
click on:
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OIL & GAS SALES LEADS HEADLINES
Oil and Gas Project Tracking is available at a discount to
Pumps World Market
subscribers.
Treatment chemicals are an important addition to most oil and gas processes.
Access to details on worldwide oil and gas projects is provided at a substantial
discount to
Pumps World Market
subscribers.
Sales Lead Data Search by Titles
(Listed by most current date)
December 5, 2014
·
U.S. to Continue Probe of Pipe Imports from South Korea, Turkey
(Article Dated: 12/5/2014)
·
Saipem Wins $750 Mln EPCI Contract from Pemex for the Lakach Field in GOM
(Article Dated: 12/5/2014)
·
U.S. EPA Seeks More Input on Sweeping Power Plant Rule
(Article Dated: 12/5/2014)
·
Polish Industrial Users Cut Back on Gas Supplied Direct from Russia
(Article Dated: 12/5/2014)
·
Cleaning Up the Fracking Process (Article Dated: 12/5/2014)
·
Keppel Secures $227 Mln Contract from Qatar’s GDI
(Article Dated: 12/5/2014)
·
Saudi Aramco Gives Pipeline Contract to China's SEPCO
(Agreement Dated: 12/5/2014)
·
Pembina Pipeline to Build $105 Mln Gas Processing Plant at Musreau
(Article Dated: 12/5/2014)
·
Consider Coal Gasification for Liquid Fuels Production
(Article Dated: 12/4/2014)
·
Fluor and Technip Awarded RAPID Refinery Facilities Project in Malaysia
(Article Dated: 12/4/2014)
·
BP, GDF Suez Discover New Field in UK North Sea (Article Dated: 12/4/2014)
·
Wood Group Mustang Selected to Provide Engineering Services for Statoil Snorre C
Platform (Article Dated: 12/4/2014)
·
Sasol Awards Foster Wheeler EPCm Contract for Temane Gas Processing Facility in
Mozambique (Article Dated: 12/4/2014)
·
Pembina Pipeline Corporation Provides Project Updates
(Article Dated: 12/4/2014)
·
Southwestern Energy Announces Acquisition of Southwest Marcellus And Utica
Assets (Article Dated: 12/3/2014)
·
Crestwood Midstream Announces Successful Non-Binding Open Season for MARC II
Pipeline (Article Dated: 12/3/2014)
·
ARM Midstream to Build New Crude Oil Gathering System in Bakken/Three Forks
Shale Play (Article Dated: 12/3/2014)
·
PennTex to Process 200 MMSCFD of Natural Gas at Louisiana Facility
(Article Dated: 12/3/2014)
·
FMC Technologies Awarded Subsea Systems Contract for Total's Edradour and
Glenlivet Fields (Article Dated: 12/3/2014)
·
McDermott Awarded Second Contract for PETRONAS Bukit Tua Development in
Indonesia (Article Dated: 12/3/2014)
·
Oman’s Gulf Energy Signs Commercial Order for OriginOil CLEAN-FRAC™ System
(Article Dated: 12/3/2014)
·
OneSubsea Awarded Contract for More than $270 Mln for Pemex Lakach Deepwater
Development (Article Dated: 12/3/2014)
·
CB&I Announces Technology Award over $100 Mln in Bahrain
(Article Dated: 12/2/2014)
·
FMC Technologies Awarded Frame Agreement to Supply Subsea Production Systems
(Article Dated: 12/2/2014)
·
CB&I Announces Gasification Technology Award in China
(Article Dated: 12/2/2014)
·
Alfa Laval Wins SEK 290 Mln Order for OLMI Air Cooled Heat Exchangers
(Article Dated: 12/2/2014)
·
UK’s IGas to Start Drilling at Ellesmere Port Exploration Site in November
(Article Dated: 12/2/2014)
·
ATCO Secures $50 Mln Contract to Build Natural Gas Pipeline in Mexico
(Article Dated: 12/2/2014)
·
Enhanced Oil Recovery Being Applied To Tight Oil Reservoirs in The Bakken
(Article Dated: 12/2/2014)
·
Is Re-Fracking the Next Step in the Oil Boom? (Article Dated: 12/2/2014)
·
Alfa Laval Wins SEK 65 Mln U.S. Natural Gas Order
(Article Dated: 12/1/2014)
·
DEP Fines Range Resources $4.15 Mln for Violating Environmental Regulations
(Article Dated: 12/1/2014)
·
EPA Finalizes Greenhouse Gas Permit for $1 Bln Gas-to-Gasoline Plant
(Article Dated: 12/1/2014)
·
Meritage Midstream Brings Online 50 Buttes Natural Gas Plant in WY
(Article Dated: 12/1/2014)
·
Chevron Announces $1.5 Bln Sale and JV Partnership with KUFPEC for Duvernay
Shale Assets in Canada (Article Dated: 12/1/2014)
·
GE Oil & Gas Selects Jacksonville, FL for Advanced Manufacturing Facility
(Article Dated: 12/1/2014)
·
EPA Finalizes Greenhouse Gas Permit for $500 Mln CCI Petroleum Facilities,
Processing Plant and Export Terminal (Article Dated: 12/1/2014)
·
Alfa Laval Wins Offshore Canada SEK 120 Mln Pumping Systems Order
(Article Dated: 12/1/2014)
·
UK's Coryton Oil Storage Project Put on Hold (Article Dated: 11/26/2014)
·
Oil, Rail Industries Want Seven Years to Fix Tank Cars
(Article Dated: 11/26/2014)
·
Seattle Leaders Call for Safeguards amid Boom in Oil Train Shipments
(Article Dated: 11/26/2014)
These sales leads are part of Oil, Gas, Shale and Refining Markets and
Projects, and are issued bi-weekly. As a subscriber to
Pumps World Market
you receive a 30 percent discount for this service.
For more information on Oil, Gas, Shale and Refining Markets and Projects
click on:
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For more information on
Pumps World Market,
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SEMICONDUCTOR INDUSTRY UPDATE
December 2014
TABLE OF CONTENTS
Intel Makes Investment in its China Factory
TI to Open 300mm Wafer Bumping Facility in Chengdu, China
SmartKem Announces New TFT Fabrication Facility
FLAT PANEL (LCD) INDUSTRYUPDATE
December 2014
TABLE OF CONTENTS
Wintek to Shut Down Three China Factories
China-based Laibao to Produce Touch Panel
Pharmaceutical & Biotechnology Industry Update
December 2014
TABLE OF CONTENTS
UNITED STATES
Allen Institute to Create Cell Science Institute
Ferring Expands U.S. Ops
Peregrine Expanding CMO
Agilent, Baylor Open Mass Spec Center of Excellence in Waco Texas
Orchid Orthopedic Solutions Alabama Expands in Tennessee
Noxilizer Expands Contract Sterilization Operations
Cirrus Pharmaceuticals to Invest in cGMP Manufacturing Suite in US
AstraZeneca to Expand Its Frederick Biologics Manufacturing Center
Jackson Laboratory Optimizing Lab Design
Suffolk County Community College Aims at LEED Gold
Milliken Institute School of Public Health, George Washington Univ., Washington,
D.C.
Shire to Relocate US Headquarters to Lexington, MA
REST OF WORLD
Siegfried Acquires Hameln Pharma
Bosch and Klenzaids plan joint venture in India Asia
GSK Makes Investment in Australian Plant
Romark Labs to Build Plant in Puerto Rico
Eli Lilly to Sell Puerto Rico Manufacturing Facility
Stelis Begins Construction of Facility in Malaysia
Recipharm Acquires Facility in France
Eisai Opens UK Potent Packaging Facility
SGS Life Science Services Announces Investment at its Mumbai, India
Johnson Matthey Acquires Pharmaceutical Manufacturing Capacity in Scotland, UK
Ardmac to Build Cleanrooms for the National Biologics Manufacturing Centre
Bristol-Myers Squibb to Build Plant in Ireland
Beximco Pharma Receives GMP Approval from Health Canada
Recipharm Acquires Flamel Technologies Facility in France
Essentra Opens Labels and Manufacturing Facility in Wales
Amgen Completes Construction of Biomanufacturing Facility in Singapore
AbbVie Buys Plant in Singapore
For more information on
Pumps World Market,
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NORTH AMERICAN MUNICIPAL WASTEWATER TREATMENT PLANT UPDATE HEADLINES
December 2014
TABLE OF CONTENTS
ALABAMA
Prattville pays $722,433 for Wastewater Plant Improvement
CALIFORNIA
Seeley County requesting Bids for Wastewater Project
Southern California Water District requesting Bids for WWTP Replacement
Reedley requesting Bids for WWTP Secondary Clarifiers Rehab
Folsum requesting Bids for Rowberry/Walden Wastewater Odor Project
GEORGIA
Savannah cancels Building WWTP
ILLINOIS
Savanna requesting Bids for WWTP Lift Station
Flood Plan to Resurface for Park Ridge
Crystal Lake to install Energy Efficient Equipment at WWTP
INDIANA
Aqua America Indiana Unit to expand Wastewater Service
Greenburg to Upgrade Wastewater Infrastructure
Mitchell reviewing Bids for Wastewater Plant Project
KANSAS
Improvements target Odor around Wichita's Largest Wastewater Plant
Fort Scott Needs Water, Wastewater Systems Improvements
KENTUCKY
Vanceburg to Update WWTP
MASSACHUSETTS
Lexington requesting Bids for Pump Station Upgrade
MISSOURI
Nixa requesting Bids for WWTP Improvements
Boone County requesting Bids for El Rey WWTP Improvements
$3.5 Million for Scott City WWTP Project
MONTANA
Whitefish requesting Bids for Consulting Services for Wastewater System
State Loan will help Whitefish Residents
Polson selects Wastewater Treatment System
Butte breaks ground on $30 Million WWTP
NEBRASKA
$17 Million for Wastewater Plant Upgrade in Grand Island
York planning $21 Million WWTP
NEVADA
Lyons County addresses Failing WWTP
NEW JERSEY
Essex and Union Counties requesting Bids for 3 WWTP Projects
NEW YORK
Riverhead Sewer Discharge exceeded Fecal Limits 3X in November
$2 Million for Batavia WWTP Expansion
NORTH CAROLINA
Charlotte has several Future Wastewater Projects
OHIO
$146 Million for Youngstown WWTP Improvements
$14.5 Million for Oregon WWTP Upgrade
PENNSYLVANIA
Eureka requesting Bids for WWTP Project
Pottstown requesting Bids for WWTP Project
TEXAS
Amarillo requesting Bids for Wastewater collection Improvements
Winnsboro receives $1,040,000 for WWTP Renovations
Treated Wastewater a Potential Boon to Development in Pflugerville
VERMONT
$1.6 Million for Wilmington WWTP Upgrade
VIRGINIA
Buckingham County requesting Bids for Wastewater Project
Hopewell selects World Water Works Technology
WISCONSIN
Beloit requesting Bids for WWTP Lift Station Improvements
$2.27 Million for Ladysmith WWTP Project
CANADA
Vancouver requesting Bids for Assessment of Wastewater Systems
RECENT CHEMICAL BID REPORTS
For more information on North American Municipal Wastewater Treatment
Facilities and People click on:
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WORLD POWER GENERATION PROJECT HEADLINES
This includes only projects where there was an update during the month.
There are thousands of projects in the database.
New power generation projects are tracked in two publications. Fossil and
Nuclear Power Generation includes both market forecasts and project data.
World Power Generation Projects has just the project data.
Revision Date: December 1. 2014
Project Title |
First Entry Date |
Location |
Startup date |
Srikakulam ultra-supercritical
power plant-APGenco |
12/1/2014
|
India |
Unknown
|
Kangdong County power plant |
12/1/2014
|
North Korea |
Unknown
|
Avantha Bhandar Korba West
-Adani Power |
8/1/2013
|
India |
Unknown
|
Jerada power plant-ONEE |
7/1/2013
|
Morocco
|
2016 |
Toledo City CFB
expansion-Aboitz Power (Therma
Visayas) |
6/1/2013
|
Philippines
|
2018 |
Thar II power plant-Engro
Powergen/Sindh Engro Coal Mining |
5/1/2013
|
Pakistan
|
2019 |
Krabi power plant-Electricity
Generating Authority of Thailand
(EGAT) |
8/1/2012
|
Thailand
|
2020 |
Ramagundam Stage IV
supercritical power plant-NTPC |
5/1/2010
|
India |
Unknown
|
Haldia power plant-RPG Group
(CESC) |
9/1/2009
|
India |
2015 |
Karchana supercritical power
plant |
3/1/2009
|
India |
Unknown
|
Duyen Hai 1 supercritical power
plant-EVN |
1/1/2009
|
Vietnam
|
2018 |
Safi IPP |
8/1/2008
|
Morocco
|
2018 |
Eemshaven - RWE |
4/1/2006
|
Netherlands
|
2014 |
Mahanadi (Hemgir) supercritical
coalfields plant-Coal India |
4/1/2005
|
India |
Unknown
|
Tabas-Electric Power
Development of Iran |
7/1/2002
|
Iran |
2018 |
Kollsnes CCGT - Naturkraft |
8/1/2001
|
Norway |
Cancelled
|
Lena (Ust Kut) power plant -
EuroSibEnergo |
10/1/2011
|
Russia |
2018 |
For more information on World Power Generation Projects, click on:
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For more information on
Pumps World Market,
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-------
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Bob McIlvaine
President
847-784-0012 ext 112
rmcilvaine@mcilvainecompany.com