2014 global fluid handling pump demand will reach to 69 billion
It is predicted that by 2014, the global fluid handling pump demand will increase by 6.5% to $69 billion. In many developing countries, pump market actual growth (inflation adjustment after the growth) is 2004-2009 period will slow down.
However, the growth rate will more than the global average. The developed countries witness pump sales after the 2009 recession after to growth and rebound. Due to the raw material cost tends to be stable, the price is rising speed will slow down, therefore, the water pump market growth will be a certain inhibition. Fritz northern group company (TheFreedoniaGroup, Inc.) is headquartered in Cleveland (Cleveland) industrial market research company, its recent studies "world water pump" (WorldPumps) shows that the above statement.
In 2009-2014 period, fluid handling pump demand from three 5 of the asia-pacific region. In many Asian countries are expected to demand will be very big, including China, India and Malaysia. Only China, between 2009 and 2014, accounting for 43% of the global demand for water pump. It is predicted that China and the United States and South America will be second only to the state/Middle East market and eastern Europe market and a large market.
Although, the world developed areas, including the United States, Canada, Japan, Western Europe and Australia market growth will not be as strong as developing countries, but the market is still healthy, will keep historical levels. Fixed investment cost, the main energy consumption as well as the construction of the gradual recovery will promote a series of developed countries pump sales, such as Australia, the Netherlands ?
Between 2009 and 2014, processing manufacturing industry will become the fastest growth pump market. In addition, the more stringent environmental regulations will also promote people to more effective, performance better liquid treatment pump needs, such as no seal centrifugal pump. Public market is expected the bigger growth, because in many developing countries, for water and energy transport network construction investment is rapidly growing.