New Report Analyses Future Growth of Fluid Control Equipment Industry

PRLog (Press Release) - Jul 29, 2009 -
Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report analysing the worldwide fluid control equipment (pumps, valves and seals) market.

According to the report “Developments and Opportunities in Fluid Control Equipment Industry” available at http://www.reportbuyer.com/go/KOA04818 the fluid control equipment industry is highly fragmented, catering to many industries like petroleum, chemical, industrial, power generation and water. Pumps are a major segment of the industry, growing on a normalised basis at 3-5%, out of which industrial pumps have a strong hold on the market. Valve demand in the energy production sector will benefit from an increase in primary energy consumption in mature markets like North America as well as in developing markets such as Latin America. The North America, Western Europe and the Asia Pacific regions consist of the most mature markets for valves.

Many European countries are driving the growth in the heat pump sector. Most significant growth is found in the larger markets of Italy, France, Norway, Finland, and Austria. In European markets, this industry has a strong presence; though performance in United States and Asian markets is also remarkable.

There are many players in the market contributing a small share in each segment. Industry demand is growing in accordance with other factors such as shifting population from rural to urban areas, need for clean water, emerging markets and rising raw material prices. These factors affect the growth of the fluid control equipment industry. Changes in regulations have also given a new turn to the industry.

The report “Developments and Opportunities in Fluid Control Equipment Industry” is available from Report Buyer at:
http://www.reportbuyer.com/industry_manufacturing/machine...

Report Buyer product ID: KOA04818

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Report Buyer (http://www.reportbuyer.com/industry_manufacturing/machinery/industrial_machinery/developments_opportunities_fluid_control_equipment_industry.html) is the independent online store for global business information. The website now lists more than 100,000 company overviews, market research reports, industry studies and business books from over 280 specialist publishers. Thousands of professionals from across the world make ReportBuyer.com their first choice in their search for quality business insight.

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