Coal and Gas Valve Markets to Exceed $20 Billion By 2019
Two of the largest industries purchasing valves are coal-fired power generation and oil & gas production. Due to the Chinese decision to manufacture large quantities of gas from coal, the combined market is going to exceed $20 billion by 2019. This is the latest forecast in McIlvaine
Industrial Valves: World Market. (www.mcilvainecompany.com)Oil and gas valve revenues are forecast to grow by nearly $3 billion over the next five years to $12.7 billion in 2019.
Oil and Gas Valve Revenues ($ Millions)
Top of Form
Continent |
2014 |
2019 |
Total |
9,907 |
12,734 |
Africa |
1,564 |
2,200 |
America |
2,951 |
3,573 |
Asia |
3,608 |
4,780 |
Europe |
1,784 |
2,181 |
Power plant valve revenues are projected to rise by $2.1 billion in the next five years to $9.6 billion in 2019.
Power Plant Valve Revenues ($ Millions)
Continent |
2014 |
2019 |
Total |
7,507 |
9,630 |
Africa |
206 |
286 |
America |
1,430 |
1,420 |
Asia |
4,494 |
6,440 |
Europe |
1,377 |
1,484 |
This forecast will continue to be modified as factors change. The biggest question is whether China can actually build the huge infrastructure to convert coal-to-gas in the west and north parts of the country and then transport it thousands of miles to the eastern cities.
The latest forecasts from the analysts reflect large imports of Russian gas to China as well as substantial import of LNG.
Gas Use In China in 2025 (bcm) |
||
Source |
Industry Forecast |
McIlvaine Forecast |
Conventional extraction |
100 |
100 |
Shale gas extraction |
60 |
50 |
Pipeline imports |
70 |
50 |
LNG Imports |
80 |
40 |
Coal-to-gas including CBM and UCG |
80 |
200 |
Total |
390 |
440 |
McIlvaine has adjusted these forecasts to estimate the 2025 gas use based on the announced 40 coal-to-gas projects. These projects will supply 200 bcm/yr of gas if they all proceed. The present U.S. shale gas production is 300 bcm. So the Chinese initiative will be equal to two-thirds of the present U.S. shale gas production. This will make a major impact on the world energy supply.
Millions of valves will be needed for the 40 Chinese coal-to-gas plants. A small number of these valves have already been ordered, but the purchase activity will be increasing over the next several years. By 2019, purchases for these plants should be reaching a peak.
For more information
on Industrial Valves: World Market, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/115-n028Flow Control and Treatment Sales in the World’s Semiconductor Industry Will Increase To Over $6.5 Billion In 2015
The semiconductor industry has rebounded and will increase its purchases of flow control and treatment equipment for air, water and other liquids and gases to over $6.5 billion in 2015. These forecasts were calculated by McIlvaine Company through aggregation of revenues in a number of McIlvaine market reports. (
www.mcilvainecompany.com)
Semiconductor Flow and Treatment Revenues 2015 |
|
Segment |
$ Millions |
Cleanroom Hardware |
660 |
Cleanroom Consumables |
2,400 |
Air and Water Monitoring |
170 |
Air Pollution Control Equipment |
300 |
Ultrapure Water Systems |
1,200 |
Valves |
460 |
Pumps |
130 |
Water Treatment Chemicals |
410 |
Liquid Macrofiltration |
40 |
Liquid Cartridges |
460 |
Cross-Flow Membrane Systems and Replacement Modules |
230 |
Sedimentation and Centrifugation |
50 |
Total Flow Control and Treatment |
6,510 |
The biggest expenditures will be for cleanroom consumables. These include masks and clothing which prevent people from contaminating the air in the chip manufacturing space. The ultrapure water systems ensure that the water washing the chips after each step will not contaminate the sub-micron lines etched in the silicon wafers.
Substantial expenditures are needed to purify the water used in the systems. Pumps and valves are specially designed to maintain water and fluid purity.
SEMI, the global industry association for companies that supply manufacturing technology and materials to the world’s chip makers, is forecasting strong growth in 2014 and 2015. Following two years of spending declines, key drivers for equipment spending are investments by foundry and logic fabs for sub-20-nm technology, NAND flash makers for leading edge technology (including 3D NAND) and capacity, DRAM technology upgrades for mobile applications and expansion of advanced packaging capacity for flip chip, wafer bumping and wafer-level packaging. All regions of the world are projected to see equipment spending increases in 2015. Front-end wafer processing equipment is forecast to grow 11.9 percent in 2015 to $34.8 billion, up from $31.1 billion in 2014. The forecast indicates that next year is on track to be the second largest spending year ever, surpassed only by $47.7 billion spent in 2000.
Growth is forecast in all regions except ROW in 2014 and all regions in 2015. Taiwan is forecast to continue to be the world’s largest spender with $11.6 billion estimated for 2014 and $12.3 billion for 2015. In 2014, North America is second at $7.2 billion, followed by South Korea at $6.9 billion. For 2015, South Korea is in second place ($8.0 billion) in spending, followed by North America ($7.3 billion).
In 2014, year-over-year increases are expected to be largest for China (47.3 percent), North America (35.7 percent), South Korea (33.percent) and Europe (29.7 percent). Year-over-year percentage increases for 2015 are largest for Europe (47.8 percent increase), ROW (23.5 percent), Japan (15.6 percent) and South Korea (15.0 percent).
For more information, click on:
N064 Air/Gas/Water/Fluid Treatment and Control: World Market 5AB Air Pollution Management N024 Cartridge Filters: World Market N6F World Cleanroom Markets N019 Pumps World Market N006 Liquid Filtration and Media World Markets N005 Sedimentation and Centrifugation World Markets N020 RO, UF, MF World Market N029 Ultrapure Water: World Market N028 Industrial Valves: World Market N026 Water and Wastewater Treatment Chemicals: World MarketHeadlines for Utility E-Alert – August 8, 2014
UTILITY E-ALERT
#1186 – August 8, 2014
Table of Contents
COAL – US
COAL - WORLD
GAS/OIL - US
GAS/OIL – WORLD
NUCLEAR
BUSINESS
HOT TOPIC HOUR
For more information on the Utility Tracking System, click on:
http://home.mcilvainecompany.com/index.php/databases/2-uncategorised/89-42eiMcIlvaine Hot Topic Hour Registration
On Thursday at 10:00 a.m. Central time, McIlvaine hosts a 90 minute web meeting on important energy and pollution control subjects. Power webinars are free for subscribers to either Power Plant Air Quality Decisions or Utility Tracking System. The cost is $300.00 for non-subscribers.
See below for information on upcoming Hot Topic Hours. We welcome your input relative to suggested additions.
DATE |
SUBJECT |
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August |
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21 |
MEGA Symposium |
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28 |
Demineralization and Degasification |
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September |
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4 |
Hot Gas Filtration |
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11 |
Power Plant Pumps |
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18 |
Power Water Monitoring |
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25 |
Power Plant Water Treatment Chemicals |
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Bob McIlvaine
President
847-784-0012 ext 112