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 AsiaLower than average growth in EuropeHigher than average growth for the large acquirers Diminished share for the small local suppliersHigher than average growth in food, pharma, oil and gasLower than average growth in pulp and paper, mining and steelHigher than average growth in cross-flow membranesLower than average growth in sedimentationAverage growth in pumps and valves