August 2008

Trends and Resources

HP Impact: HPImpact: Demand for pumps to expand 4.4%/yr over five years

 WENDY WEIRAUCH, Managing Editor       Comments? Write:WW@HydrocarbonProcessing.com The global market for fluid handling pumps is f..

Weirauch, Wendy, Hydrocarbon Processing Staff

 WENDY WEIRAUCH, Managing Editor       Comments? Write:WW@HydrocarbonProcessing.com The global market for fluid handling pumps is forecast to increase at a 4.4%/yr to $47 billion in 2012. Generally healthy economic conditions will support gains in global pump demand, especially in rapidly developing areas such as China and India, where rising energy consumption and infrastructure development projects will provide key applications for pumps. These and other trends are presented in a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm. North America, Western Euro

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