World pump revenues to reach US$36bn by 2010
World pump revenues are going to reach US$36billion by 2010predicts the McIlvaine Company in Pumps: World Markets. Power and water will be two of the biggest drivers.
The urbanisation of Asia is generating a huge need for drinkable water and the treatment and disposal of wastewater. Water in the wrong place is also another driver. Pump requirements for coal-fired power plants are increasing at double-digit rates.
The market for pumps in the pulp and paper and mining industries is growing much faster in the southern hemisphere than in the northern.
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