Pump Market to Exceed $48 Billion/Yr by 2019
Sales of industrial and municipal pumps will exceed $48 billion per year by 2019. This is the latest forecast in Pumps World Market published by the McIlvaine Company. (
www.mcilvainecompany.com)($ Millions)
|
World Region |
2019 |
|
TOTAL |
$48,172 |
|
Africa |
1,960 |
|
CIS |
2,214 |
|
East Asia |
18,060 |
|
Eastern Europe |
1,070 |
|
Middle East |
2,618 |
|
NAFTA |
8,745 |
|
South & Central America |
3,353 |
|
West Asia |
3,661 |
|
Western Europe |
6,491 |
The growth will be driven by East Asia where sales will be over $18 billion in 2019. Among the major purchasers will be municipalities. East Asia is constructing a large number of drinking water and waste treatment systems. Pumps are used in transport to and from the plants and also for all the purification processes in the plants.
Construction of new coal-fired plants in East Asia will also be substantial. Japan is joining China as a constructor of new coal-fired plants. This is due to the shutdown of nuclear power plants and the high price on natural gas which is delivered as LNG.
Other major purchasers will be the chemical industry, pulp and paper mills, and the iron and steel industry. Special sanitary pumps will be purchased by food and pharmaceutical companies. The construction of many plants to make generic drugs will impact the market. High purity pumps will also be needed for the ultrapure water used to wash semiconductor chips. Taiwan, Korea, China and Japan account for a large percentage of semiconductor manufacturing. This percentage will grow over the next six years.
The oil and gas industry and refineries represent a growth area worldwide. The U.S. will be a major purchaser in 2019 due to its continuing hydro fracturing activities as well as offshore extraction. Refining and gas processing will be significant markets in the Middle East. Mining will be a major market for pumps in South America and Africa.
For more on Pumps World Market click on
N019 Pumps World Market
Headlines for April 4, 2014 – Utility E-Alert
UTILITY E-ALERT
COAL – U.S.
COAL – WORLD
GAS/OIL – U.S.
GAS/OIL – WORLD
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DATE |
SUBJECT |
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|
April 17, 2014 |
Measurement Of Gas Turbine Emissions Including NH3 |
Six different options |
|
May 1, 2014 |
850oF Particulate Removal With Ceramic Filter Media |
Could change the whole back end |
|
May 8, 2014 |
Sorbent Traps vs. Mercury CEMS |
Sorbent traps are competitive |
|
May 15, 2014 |
Gas Intake Filters: HEPA or Medium Efficiency |
More information |
|
May 29, 2014 |
Stellite Delamination in Power Plant Steam Valves |
More information |
|
June 5, 2014 |
Dry vs. Wet Cooling |
Surprising number of ACC’S. Why? |
|
June 12, 2014 |
HRSG Issues (Fast Start, Tube Failures) |
Lots of challenges to cycle 200 X/yr |
|
June 26, 2014 |
CCR |
$ billions Needed |
|
July/August 2014 |
Boiler Feedwater Treatment Condensate Polishing for Peaking Turbines 316 B Water Issues Gas Turbine Permitting Issues Give us your opinion about topics we should consider |
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