$152 Billion Liquid Treatment and Control Market Will Grow At 6%/yr Thanks to Asia
Revenues derived from treating and controlling liquids including water and process fluids will exceed $152 billion this year and will grow at a rate exceeding GDP over the next five years. This is the conclusion reached by the McIlvaine Company in Air/Gas/Water/Fluid Treatment and Control: World Markets.
The growth rates will vary as follows:
- Higher than average growth in Asia
- Lower than average growth in Europe
- Higher than average growth for the large acquirers
- Diminished share for the small local suppliers
- Higher than average growth in food, pharma, oil and gas
- Lower than average growth in pulp and paper, mining and steel
- Higher than average growth in cross-flow membranes
- Lower than average growth in sedimentation
- Average growth in pumps and valves
Picture: McIlvaine
Source:The McIlvaine Company