April 2006

Trends and Resources

HP Impact: HPImpact: US pump demand to reach $8.5 billion in 2010

US demand for fluid-handling pumps is expected to increase 2.7%/yr to $8.5 billion in 2010, supported by an improved outlook for many pump-using industries. In addition, gains will be bolstered by con..

Weirauch, Wendy, Hydrocarbon Processing Staff

US demand for fluid-handling pumps is expected to increase 2.7%/yr to $8.5 billion in 2010, supported by an improved outlook for many pump-using industries. In addition, gains will be bolstered by continuing healthy aftermarket prospects among process manufacturers, particularly within the chemical, petroleum refining, and pulp and paper industries, according to a new study from The Freedonia Group, Inc. Newly introduced better-performing pumps will also boost growth. Because the pumps have longer lives, the demand for replacement parts is expected to decline. The process manufacturing market is expected to remain the largest user of pump products due to the wide range of applications and

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