Beruflich Dokumente
Kultur Dokumente
Volume I
October 2006
INTRODUCTION
II GLOBAL ISSUES
II 1
II 1
II 2
II 3
II 4
II 5
II 6
II 7
II 8
II 9
II 10
II 11
II 12
II 13
II 14
II 15
II 16
II 17
II 18
II 19
II 20
II 21
II 22
II 23
II 24
World Oil Production (chart), Some Recent Trends in Oil & Gas Capital Expenditure
II 25
II 26
II 27
II 28
II 29
Chemicals
II 30
II 31
II 32
Power Generation
II 33
II 34
II 35
Capital Investment in Water & Sewerage - Industrial & Other Countries (charts)
II 36
General Industry
II 37
II 38
II 39
II 40
II 41
II 42
Some Key Issues (table), Complete Pump Market Trends in West Europe (chart)
II 43
Complete Pump Market Trends for USA (chart), and Russia (chart)
II 44
II 45
II 46
II 47
II 48
II 49
II 50
II 51
II 52
II 53
II 54
II 55-57
II 58
II 58
Pump Production and Market Size: Europump Member Countries and USA
II 59
Europump Members and USA: Production and EIF estimates of market size (table)
II 60
III 1
Summary of the World Pump Market by World Region and Product Type
III 2
III 3
III 4
III 5
Centrifugal Pumps
III 6
III 7
III 8
Reciprocating Pumps
III 9
III 10
III 11
Rotary Pumps
III 12
III 13
III 14
III 15
Measuring & Dispensing Pumps by End Use and World Region (charts)
III 16
III 17
III 18
Domestic & Other Pumps by End Use and World Region (charts)
III 19
III 20
IV
Introduction
IV 1
IV 2
IV 3
IV 4- IV 10
V 11
IV 12
IV 13
IV 14
IV 15
IV 15
IV 16
IV 17
IV 18
IV 19
IV 20
IV 21
IV 22
IV 23
Chemical Industry
IV 24
IV 25-IV 26
IV 27
IV 28
IV 29
IV
IV 30
IV 31
IV 32
Power Generation
Power Generation - Ranking by 63 Countries (table)
IV 33
IV 33-IV 34
IV 35
IV 36
IV 37
IV 38
IV 39
IV 40
IV 41
IV 42-IV 43
IV 44
IV 45
IV 46
IV
General Industry
IV 47
IV 48 - IV 49
IV 50 - IV 52
IV 53 - IV 55
IV 56 - IV 58
IV 59 - IV 61
IV 62 - IV 64
IV 65
IV 65 - IV 66
IV 67 - IV 68
IV 69 - IV 70
IV 71 - IV 73
INTRODUCTION
Volume 1 - Overview
Introduction
II
Global Issues
III
IV
What is provided:
- Forecasts 2006-2011: complete pump market
- Historial data 2002-2005: imports of complete pumps and
pump parts
We have carried out revisions to historical market size for many developing
countries, based on a revised analysis of pump imports. Market size has been
increased significantly for a number of countries, notably affecting results for
China, Mexico, Argentina and Colombia. Another new feature of this year's
report is the full inclusion of China as a pump supplier, showing imports of
complete pumps and pump parts by each of the 63 identified countries.
This report was prepared by European Industrial Forecasting Ltd (EIF). EIF
retains all copyright in the report, which may not be copied, in whole or in
part, or distributed to any organisation, person or company other than the
subscriber.
II
GLOBAL ISSUES
Forecasts for the pump market provided in this report are conditional on
macro-economic assumptions and
This section starts by summarising the pump market forecasts and then
continues by providing the macro-economic forecasts and some of the trends
in investment by end use industry which helped to determine the pump
market forecasts.
Market size in 2006 is shown on Page II 2. The main difference from last
year's report is a large increase for China and Latin America. Growth rates
are generally slower than in last year's report, as a result of the impact of
high oil prices on demand, although faster growth is expected in oil-rich
areas such as Russia and the Middle East. The Chinese market is expected to
fall from the very high level of 2006.
Please note: all pump market estimates relate to complete pumps, including
drivers, excluding parts.
Volume growth
% p.a. 2006-2011
West Europe
5241
2.2
Russia
389
6.5
406
5.6
Africa
486
4.0
Middle East
1188
6.7
China
2850
-4.6
India
603
7.9
Japan
2981
1.4
Pacific Rim *
1267
4.1
514
4.8
USA/Canada
4512
2.9
Latin America
1596
4.7
22039
2.4
* Thailand, South Korea, Taiwan, Singapore, Indonesia, Malaysia, Hong Kong, Philippines
$ million 2006
(2003 prices)
Volume growth
% p.a. 2006-2011
3068
3.9
Chemicals
2579
3.2
Power Generation
1843
3.7
3401
1.4
General Industry
11397
2.0
Total Market
22039
2.4
$ billion 2006
(2003 prices)
Volume growth
% p.a. 2006-2011
Mineral mining/processing
740
2.6
1245
1.5
713
3.0
Metal manufacturing
901
0.3
Marine
393
4.6
Building services
1471
1.6
Construction dewatering
1087
1.7
Other industry
3094
1.7
Domestic
1753
2.8
11397
2.0
Volume growth
% p.a. 2006-2011
Centrifugal
12349
2.3
Reciprocating
2831
2.4
Rotary
1956
2.4
905
3.1
3998
3.0
22039
2.4
The following pages show the market for complete pumps in each of 63
countries. Countries are grouped into world regions as follows:
Pump Market in West Europe - (Complete Pumps. inc. Prime Movers, $m 2003 prices)
Country
2006
2007
Austria
131.5
133.4
Belgium
143.9
Denmark
% pa
2006-11
2009
2010
2011
135.3
136.9
138.8
140.8
1.4
147.6
151.1
154.2
157.8
161.8
2.4
97.0
99.8
102.5
105.1
108.0
111.1
2.8
Finland
90.6
91.8
93.0
93.9
95.1
96.4
1.2
France
855.0
877.6
899.4
918.8
941.6
966.5
2.5
1278.4
1308.8
1338.1
1364.3
1394.9
1428.1
2.2
Greece
66.8
69.0
71.0
72.7
74.8
77.2
2.9
Ireland
66.9
69.2
71.3
72.9
75.1
77.7
3.0
Italy
615.2
628.5
641.3
653.4
666.7
681.2
2.1
Netherlands
225.6
230.5
235.2
239.0
243.9
249.2
2.0
Norway
154.5
156.2
157.9
159.4
160.7
162.0
1.0
Portugal
39.9
41.4
42.9
44.2
45.7
47.4
3.5
Spain
379.8
391.2
402.0
411.6
423.0
435.7
2.8
Sweden
226.3
231.1
235.6
239.4
244.3
249.4
2.0
Switzerland
142.1
143.0
143.8
144.5
145.4
146.3
0.6
United Kingdom
727.9
743.0
757.3
770.6
786.0
802.3
2.0
Germany
2008
Pump Market in East Europe - (Complete Pumps. inc. Prime Movers, $m 2003 prices)
Country
2006
2007
2008
2009
2010
2011
% pa
2006-11
Bulgaria
21.0
22.8
24.6
26.0
28.1
30.2
7.5
Czech Rep.
35.9
38.3
40.5
42.4
45.0
48.0
6.0
Hungary
62.9
66.4
69.8
73.0
76.9
81.4
5.3
198.0
208.0
218.0
227.2
238.2
250.5
4.8
88.8
95.8
102.2
108.5
116.3
125.0
7.1
389.1
416.2
446.5
476.1
505.4
534.1
6.5
Poland
Romania
Russia
Pump Market in Africa & Middle East - (Complete Pumps. inc. Prime Movers, $m 2003 prices)
Country
2006
2007
2008
2009
2010
2011
% pa
2006-11
Algeria
88.6
92.1
96.0
99.6
103.3
107.2
3.9
Bahrein
20.1
21.6
23.0
24.4
25.8
27.2
6.2
Egypt
76.9
79.3
81.5
83.6
86.0
88.8
2.9
Iran
213.1
229.9
249.1
267.4
285.4
304.2
7.4
Iraq
26.1
29.2
32.9
36.6
40.3
44.0
11.0
Israel
45.3
48.4
51.3
54.0
57.5
61.5
6.3
Jordan
24.9
26.3
27.7
29.0
30.3
31.6
4.9
Kuwait
66.0
70.2
75.8
81.4
87.0
92.7
7.0
Libya
52.4
56.0
59.6
63.2
66.8
70.4
6.1
Morocco
45.3
47.5
49.4
51.3
53.6
56.1
4.4
Nigeria
38.1
40.2
42.3
44.3
46.3
48.3
4.9
Oman
34.1
36.1
38.6
41.0
43.4
45.7
6.0
Qatar
82.6
84.6
86.7
88.7
90.6
92.4
2.3
South Africa
191.8
200.1
207.8
215.1
224.1
233.8
4.0
Saudi Arabia
228.7
246.1
265.8
285.4
304.8
324.3
7.2
Syria
21.6
22.4
23.2
24.0
24.8
25.9
3.7
Tunisia
23.7
25.2
26.6
28.0
29.6
31.4
5.8
Turkey
204.5
218.4
232.1
245.7
261.8
279.5
6.4
190.5
205.4
222.4
238.6
254.8
271.1
7.3
Pump Market in Asia - (Complete Pumps. inc. Prime Movers, $m 2003 prices)
Country
2006
2007
Australia
407.1
430.2
2850.5
% pa
2006-11
2009
2010
2011
452.6
474.7
500.9
529.4
5.4
2606.0
2491.1
2249.2
2008.4
2248.1
-4.6
77.5
79.6
81.6
83.5
85.6
87.9
2.6
603.2
653.9
703.6
751.4
812.1
880.3
7.9
78.2
84.6
90.8
96.7
104.2
112.6
7.6
2981.1
3035.4
3073.6
3095.1
3134.1
3191.1
1.4
463.2
477.3
488.8
497.4
510.9
526.4
2.6
Malaysia
54.5
58.7
62.7
66.7
71.6
77.3
7.2
New Zealand
44.2
43.8
43.3
42.7
42.3
41.9
-1.1
Pakistan
57.8
60.5
63.1
65.6
68.6
71.9
4.5
Philippines
35.3
37.0
38.6
40.1
41.9
43.9
4.5
Singapore
131.4
136.8
141.9
146.6
152.2
158.4
3.8
Sri Lanka
5.2
5.4
5.6
5.8
6.0
6.2
3.6
Taiwan
256.0
265.2
273.8
281.7
291.2
301.5
3.3
Thailand
171.5
184.2
196.3
207.6
222.2
238.4
6.8
China
Hong Kong
India
Indonesia
Japan
Korea-South
2008
Pump Market in America - (Complete Pumps. inc. Prime Movers, $m 2003 prices)
Country
2006
2007
Argentina
112.3
117.0
Brazil
564.7
Canada
Colombia
Mexico
United States
Venezuela
2008
% pa
2006-11
2009
2010
2011
121.4
125.5
130.7
136.3
3.9
591.6
617.7
641.6
671.0
703.0
4.5
521.0
536.4
550.6
562.5
576.5
591.7
2.6
75.7
79.8
83.8
87.4
91.8
96.6
5.0
694.3
728.7
766.0
802.8
838.8
873.7
4.7
3991.5
4147.2
4259.2
4357.2
4474.8
4613.5
2.9
149.8
159.9
171.7
182.3
193.0
204.0
6.4
Two of the most important assumptions affecting the forecasts are the growth
of world trade and oil prices. These are shown in charts on the next page.
World trade growth is expected to slow down over the next few years as a
result of high oil prices, but to move back to its trend growth rate in 2011.
However, this is dependent on the oil price falling from its present high level,
as shown in the chart at the foot of the next page.
The high oil price in 2006 is the result of several factors, notably:
We expect that disruption to supplies caused by the Iraq conflict will lessen over
the next few years. The demand for oil will moderate as world trade growth
slows and the oil price will also be dampened by the coming on-stream of new
oil supplies and refining capacity. For all these reasons we expect that oil
prices will moderate and will not cause a recession in world trade.
14
12
10
8
6
4
2
0
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
-2
2011
2010
2009
2008
2007
2006
2005
2004
2003
2002
2001
2000
1999
1998
1997
1996
1995
1994
1993
10
2011
GDP forecasts are summarised in the table on the next page. World growth
is forecast at 2.9% p.a. 2006-2011, in line with last year's results. There are,
however, some significant differences from last year's report.
GDP growth in China is put at 3.3%, compared with 8% last year. This is
because the time profile of growth in China has been well above trend in the
last few years, the starting year 2006 being an all time peak. Detailed
consideration of China is given later.
Russia and the Middle East are expected to grow more rapidly than
estimated last year, the result of sustained high oil prices. The counterpart is
slower growth in Europe and North America
Results for each of the 63 countries are given in tables on the following
pages:
Asia - Page II 14
West Europe - Page II 15
East Europe - Page II 16
Africa & Middle East - Page II 17
America - Page II 18
2006
2007
2008
2009
2010
2011
7.4
6.2
6.0
5.8
6.2
6.6
2007
%
2008
%
2009
%
2010
%
2011
%
cagr
% 2011/2006
Germany
Other West Europe
1.8
2.4
1.6
2.4
1.5
2.3
1.3
2.1
1.5
2.3
1.6
2.4
1.5
2.3
Russia
Other East Europe
6
4.8
5.8
4.8
6
4.4
5.6
4.1
5.3
4.6
5
4.8
5.5
4.5
Africa
Middle East
4.9
5.8
4.7
6
4.5
6
4.2
5.6
4.5
5.6
4.5
5.6
4.5
5.7
China
India
Japan
Pacific Rim
Other Asia
9
7.3
2.8
5.1
3.2
8
7
2.2
5.1
3.9
7
6.5
2
4.7
3.6
-1
6
1.8
4.3
3.4
-5
6.8
2
4.9
3.8
8
7
2.2
5.1
4
3.3
6.7
2
4.8
3.7
USA/Canada
Latin America
3.6
4.4
2.7
3.6
2.5
3.6
2.3
3.3
2.5
3.4
2.7
3.4
2.6
3.5
World
3.6
3.2
2.4
2.5
3.2
2.9
Country
GDP
Population
Millions, 2000 $/head 2000
2006
2007
2008
2009
2010
2011
Austria
8.3
30855
2.5
2.2
2.1
1.9
2.1
2.2
Belgium
10.4
28855
2.5
2.4
2.3
2.0
2.3
2.4
Denmark
5.5
37709
3.0
2.4
2.3
2.0
2.3
2.4
Finland
5.3
30886
3.4
2.8
2.7
2.4
2.7
2.8
France
60.0
29240
2.1
2.2
2.1
1.9
2.1
2.2
Germany
83.9
30067
1.8
1.6
1.5
1.3
1.5
1.6
Greece
10.7
14439
3.7
3.6
3.4
3.0
3.4
3.6
Ireland
3.7
32837
5.0
5.0
4.7
4.2
4.7
5.0
Italy
58.8
22328
1.4
1.3
1.2
1.1
1.2
1.3
Netherlands
16.0
29412
2.4
2.8
2.7
2.4
2.7
2.8
Norway
4.4
39772
2.5
2.2
2.3
2.1
2.0
1.9
Portugal
10.1
12792
0.7
1.5
1.4
1.3
1.4
1.5
Spain
40.2
17258
3.3
3.0
2.8
2.5
2.8
3.0
Sweden
9.1
32142
3.9
3.3
3.1
2.8
3.2
3.3
Switzerland
7.3
41013
2.4
1.8
1.7
1.5
1.7
1.8
60.3
25391
2.4
2.9
2.7
2.5
2.8
2.9
United Kingdom
Country
Bulgaria
GDP
Population
Millions, 2000 $/head 2000
2006
2007
2008
2009
2010
2011
8.5
1482
5.6
5.8
5.4
5.0
5.6
5.8
Czech Republic
10.4
4980
5.7
4.7
4.4
4.0
4.5
4.7
Hungary
10.4
5961
4.6
4.4
4.1
3.8
4.2
4.4
Poland
39.6
4656
4.4
4.6
4.3
3.9
4.4
4.6
Romania
23.0
1265
5.2
5.6
5.2
4.8
5.4
5.6
150.6
3200
6.0
5.8
6.0
5.6
5.3
5.0
Russian Federation
Country
GDP
Population
Millions, 2000 $/head 2000
2006
2007
2008
2009
2010
2011
Algeria
30.4
2102
4.9
5.0
5.2
4.8
4.5
4.4
Bahrain
0.6
24166
7.1
6.3
6.5
6.1
5.7
5.5
Egypt
64.0
1600
5.2
5.2
4.8
4.5
5.0
5.2
65.1
1692
5.3
5.0
5.2
4.8
4.5
4.4
Iraq
22.4
1620
7.0
15.0
15.6
14.4
13.6
13.1
Israel
6.0
19783
3.4
4.7
4.4
4.0
4.5
4.7
Jordan
4.1
1756
5.0
5.0
5.2
4.8
4.5
4.4
Kuwait
2.1
27809
6.2
4.7
4.9
4.5
4.3
4.1
Libyan Arab
5.5
3109
5.0
4.6
4.8
4.4
4.2
4.0
28.4
1654
5.4
4.4
4.1
3.8
4.2
4.4
106.9
331
6.2
5.2
5.4
5.0
4.7
4.5
Oman
2.2
25727
6.2
6.0
6.2
5.8
5.4
5.2
Qatar
0.5
38000
7.1
5.3
5.5
5.1
4.8
4.6
South Africa
39.5
3625
4.3
4.1
3.8
3.5
4.0
4.1
Saudi Arabia
19.6
8545
6.3
6.4
6.6
6.2
5.8
5.6
13.7
2284
3.6
3.6
3.3
3.1
3.5
3.6
Tunisia
8.8
3659
5.8
6.0
5.6
5.1
5.8
6.0
Turkey
65.0
3030
6.1
6.4
5.9
5.5
6.2
6.4
2.5
21120
6.5
5.2
5.4
5.0
4.7
4.5
Morocco
Nigeria
Country
Australia
GDP
Population
Millions, 2000 $/head 2000
2006
2007
2008
2009
2010
2011
18.9
28291
2.9
3.7
3.4
3.2
3.6
3.7
1257.5
1154
9.5
9.0
8.2
7.8
8.3
8.5
6.7
25716
5.5
4.5
4.2
3.9
4.3
4.5
India
987.5
567
7.3
7.0
6.5
6.0
6.8
7.0
Indonesia
204.5
760
5.0
6.0
5.6
5.1
5.8
6.0
Japan
129.1
31757
2.8
2.2
2.0
1.8
2.0
2.2
Republic of Korea
47.0
10893
5.2
5.3
4.9
4.5
5.1
5.3
Malaysia
22.2
4274
5.5
5.8
5.4
5.0
5.6
5.8
3.8
19473
1.3
1.9
1.8
1.6
1.8
1.9
146.9
602
6.4
6.3
5.9
5.4
6.1
6.3
Philippines
75.0
1246
4.5
3.5
3.3
3.0
3.4
3.5
Singapore
3.1
39322
5.5
4.5
4.2
3.9
4.3
4.5
Sri Lanka
17.8
797
5.6
6.2
5.8
5.3
6.0
6.2
Taiwan
21.9
18557
4.5
4.3
4.0
3.7
4.1
4.3
Thailand
62.1
2299
5.0
5.4
5.0
4.6
5.2
5.4
China
Hong Kong SAR of
New Zealand
Pakistan
Country
Argentina
GDP
Population
Millions, 2000 $/head 2000
2006
2007
2008
2009
2010
2011
36.3
10239
7.3
4.0
3.7
3.4
3.9
4.0
Brazil
163.2
5321
3.5
3.5
3.3
3.0
3.4
3.5
Canada
30.9
25744
3.1
3.3
3.1
2.8
3.0
3.1
Colombia
41.1
2265
4.5
4.0
3.7
3.4
3.9
4.0
Mexico
97.4
5771
4.1
3.7
3.8
3.6
3.4
3.2
273.9
39213
3.6
3.1
2.5
2.3
2.5
2.7
22.7
3467
6.0
3.0
3.1
2.9
2.7
2.6
United States
Venezuela
The table on the next page summarises the growth of global investment by
world region. The relative growth of investment by world region follows the
pattern shown for GDP, but investment growth rates are generally higher
than the growth of GDP.
2006
%
2007
%
2008
%
2009
%
2010
%
2011
%
cagr
% 2011/2006
Germany
Other West Europe
2.9
4
2.5
3.2
2.4
3
2.3
2.8
2.8
3.4
3.4
4
2.7
3.3
Russia
Other East Europe
9
7.3
8.7
7.5
9.1
6.9
8.3
6
7.7
7.1
7.1
7.5
8.2
7
Africa
Middle East
7.4
10.3
7.1
9.8
6.6
9.8
6
9
6.5
9.2
6.8
9.2
6.6
9.4
China
India
Japan
Pacific Rim
Other Asia
10
11
2.3
5.7
6.9
8
10.5
1.3
5.9
6.5
7
9.5
0.9
5.1
6
-11
8.5
0.5
4.4
5.6
-12.5
10.1
0.9
5.5
6.5
6
10.5
1.3
6
6.8
-0.9
9.8
1
5.4
6.3
USA/Canada
Latin America
5.5
6.6
3.1
5.8
2.7
5.7
2.3
5.2
2.7
5.4
3.1
5.3
2.8
5.5
World
5.5
4.3
3.9
1.6
2.2
4.3
3.3
Investment growth rates in the industrial countries are only half the rate of
those of other countries. Definitions and relative sizes are summarised in
the tables below.
So far we have been discussing trends in global investment. But the analysis
of the pump market requires that investment is sub-divided because pump
content, and the pump types required, depend on pump applications which
vary by end use industry.
Chemicals
Power Generation
General Industry
The table below summarises the key issues. A major point is that the trend
growth in demand for oil is 2% p.a, compared with 4% p.a. for gas and gasrelated end uses.
Refining
Generally recognised that shortage of refining capacity is partly to blame for high oil prices
At $40 per barrel many investments in unconventional oil and gas, and oil
and gas substitutes become economic. This applies to oil shale, heavy oil,
gas-to-liquids and also to coal gasification and liquefaction. Large
investments in heavy oil and oil shale are underway in Canada and
Venezuela. Investment in gas-to-liquids is booming in the Middle East.
China is the leader in coal gasification and liquefaction projects.
90
80
70
60
50
40
30
20
10
0
1980
1985
1990
1995
2000
2005
2010
Ngl/Gtl/Heavy Oil
3.5
4.15
4.9
6.1
7.2
8.7
10.8
Conventional
58.8
52.4
59.4
61.1
66.8
71.8
78.3
2004
2005
2006
Russia
4074
5085
7505
9000
Brazil
6012
7441
9580
11500
Mexico
10118
10907
10800
13100
Venezuela
2082
3332
4500
5600
Exxonmobil*
11988
11715
14470
16351
Shell*
8129
8600
10800
15000
Total*
5996
7709
8776
11950
BP*
9658
9839
10100
11000
* net of acquisitions
2004
2005
2006
2007
2008
2009
2010
2011
2004
2005
2006
2007
2008
2009
2010
2011
2003
2002
2001
2000
1999
1998
1997
1996
1995
10
2003
2002
2001
2000
1999
1998
1997
1996
1995
20
The reduced availability of oil, coupled with falling costs of LNG, have led
to a rapid growth of LNG production. Production is expected to double
2005-2010.
250
200
150
100
50
1995
2002
2005
2010
2015
Liquefaction
330
230
220
200
190
Regasification
130
105
102
100
95
LNG Tankers
210
140
130
110
100
The table below shows very weak levels of investment in the late 1990s,
following a collapse in the oil price. Investment in West Europe fell as
refineries closed, although in recent years environmental legislation did help
to support spending. The largest increases in investment are expected in Asia
and America.
West europe
East europe
Africa/mid-east
Asia
America
70000
60000
50000
40000
30000
20000
10000
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Chemicals
Key issues affecting investment in the chemicals industry are shown in the
table below.
The chart at the top of Page II 32 suggests that a peak will be reached for capital
investment in 2006, owing to the Chinese investment boom.
Other countries: rapid growth, particularly those with oil resources. This
depresses long term chemical investment in the industrial countries
Chemicals-industrial
70
60
50
40
30
20
10
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Chemicals-other
70
60
50
40
30
20
10
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
US
Japan
China
Saudi Basic
50000
45000
40000
35000
30000
25000
20000
15000
10000
5000
0
2000
2001
2002
2003
2004
2005
est.
2006
est
2007
Power Generation
Some key issues affecting investment in power generation are shown in the
table below. Investment trends are shown on Page II 34.
Large subsidies are currently being given to wind power, which is at the
expense of investment in pump-using power plants. Investment in nuclear
power may recover in some countries, but not immediately.
Power generation-industrial
80
70
60
50
40
30
20
10
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Power generation-other
180
160
140
120
100
80
60
40
20
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Industrial countries account for more than double the level of investment
achieved in other countries. But investment by the industrial countries as a
whole fell sharply in recent years owing to the unwinding of a massive
investment programme in Japan. Environment investment is a major feature
in the industrial countries.
General Industry
Market size is mainly dependent on the level of GDP, rather than the
availability of natural resources. This is why there is a larger differential in
market size between industrial and other countries than most other sectors.
Charts on Page II 38 show that market size in industrial countries is twice the
level of other countries.
The market is much more stable than that for oil & gas, chemicals and power.
This even applies to pulp and paper in the industrial countries, since paper
demand is closely related to the level of GDP.
General industry-industrial
2500
2000
1500
1000
500
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
General industry-other
1200
1000
800
600
400
200
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
As already mentioned, the main factor determining the growth of the world
pump market is the level of investment by pump-using industries. EIF have
developed a database over the last decade on annual investment in plant and
equipment by end use industry in every major country in the world. This
database is a key input into estimates of pump market size and growth
potential. It is allied with a database covering 4,500 new projects and a
database on imports of pumps to provide a coherent analysis of world pump
markets. An outline of methodology is given in the Appendix.
Pages II 40 and II 41 show the relative size of world investment in plant and
equipment by region and end use industry. In this context world means the
total for the 63 countries identified in this report. The Appendix shows the
world breakdown by region for each individual end use and also the
estimated pump content of investment by end use industry.
2003-2005 2006-2008
2009-11
1116.7
1197.1
1271.5
88.6
100.3
118.3
28
31.7
39.3
60.6
68.6
79
233.5
263.7
309
- Middle East
146.4
166.9
199.7
- Africa
87.1
96.8
109.4
1426
1607.6
1618
- China
398.6
478.8
389.4
- Japan
657.9
711.6
741.6
- India
65.2
87
115.7
- Pacific Rim
224.9
241
268.9
- Other Asia
79.7
89.1
102.5
1100.8
1253.1
1381.2
862.2
970
1061.1
- Latin America
238.5
283.1
320.1
World Total
3965.8
4421.7
4698.1
- Russia
Source: EIF estimates. See Appendix for detail by end use industry
ENDUSE
2003-2005
2006-2008
2009-11
99.2
122.6
137.6
Oil Refining
26.7
34.2
38.7
Basic Chemicals
69
81.2
90.2
Other Chemicals
34.3
40.9
44.8
Food**
47
54.6
56.6
Drink**
16
17.5
18.2
Pharmaceuticals**
18.7
21.1
22.2
Power Generation
123
146.2
163.9
Metal Manufacture**
69.7
81.2
81
Marine Production/Repair**
8.1
9.3
Mineral Mining/Processing**
12.6
15.1
16.3
29.9
36.6
40
124.9
128.9
134.9
Non-Residential Construction+ **
582.8
631.9
665.3
Construction Output+ **
2061.9
2296.8
2414.3
Other Industry**
106.4
115.1
121
Domestic Dwellings+ **
536.8
589.7
644
World Total
3965.8
4421.7
4698.1
Countries in West Europe who are linked to the Euro will continue to be
subject to slow growth as a result of over-valuation of the Euro relative to the
$ and Yen.
In the USA the recent weakening of the dollar will boost competitiveness,
support the growth of the economy, boost exports and reduce imports (with
particular benefits to the chemical industry).
Developments in Russia are highly dependent on the oil and gas sector.
Domestic pump market growth in China is expected to slow down, but China
will continue to become increasingly important as a world supplier of
pumps. The growth of the Indian pump market has improved markedly in
recent years, although market size lags well behind China.
USA
the strength of Euro will continue to hold back growth in countries linked
to the Euro
devaluation of $ will boost export competitiveness
Russia
China
the phenomenal domestic growth in last four years expected to slow, but
China is becoming a major force in world pump export markets
India
Complete Pump Market Trends for West Europe - $ million 2003 prices
Oil, gas, refining
Chemicals
General industry
Water resources
Power generation
6000
5000
4000
3000
2000
1000
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Water resources
Power generation
Chemicals
5000
4500
4000
3500
3000
2500
2000
1500
1000
500
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Water resources
Power generation
Chemicals
600
500
400
300
200
100
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
China
In this year's report we have paid special attention to China, both as a market
and as a pump supplier. Historical data, for the period 1995-2005, has been
revised, both with regard to capital investment by end use and the pump
content of investment. Particular consideration has also been given to the
likely shape of the investment cycle, which has influenced the forecasts.
The chart below summaries the results. The pump market grew at an
incredible rate 2002-2005, but is expected to peak in 2006. Investment will
remain strong through the Olympic Games in 2008, but will be in decline
until a recovery in 2011.
Water resources
Power generation
Chemicals
3000
2500
2000
1500
1000
500
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
The Indian pump market is expected to grow by almost 8% p.a. but by 2011
will remain only one-third of the size of China. Although India has some
progressive companies, particularly in the oil, gas and refining sectors, there
is generally a lack of the dynamism so prevalent in China. Bureaucracy
continues to be a major handicap to development, despite attempts to reform
the system in recent years. Nevertheless, fast growth can be expected to
transform efficiency, particularly as greater Western involvement is
probable.
Water resources
Power generation
Chemicals
900
800
700
600
500
400
300
200
100
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Pump Supplier
Complete
pumps
Pump
Parts
Total
Exports
EU (15 countries)
6284
3635
9919
USA
1243
702
1945
Japan
892
647
1539
China
813
361
1174
9232
5345
14577
Chinese exports grew by 30% per year 2002-2005, compared with zero
growth for the combined exports of the EU (15 countries), USA and Japan.
Chinese export growth is clearly at the expense of export growth by the
major industrial countries.
The next page explores changes in Chinese market share for exports of
complete pumps and pump parts.
China accounted for 6.8% of imports of pump parts in 2005 (2.9% in 2002).
Above average import market shares were in Japan (44%), Indonesia (37%),
USA (22%) and Singapore (7%).
SRI LANKA
INDONESIA
PAKISTAN
SYRIA
NIGERIA
JAPAN
HONG KONG
UNITED ARAB EMIRATES
IRAQ
PHILIPPINES
MALAYSIA
ARGENTINA
THAILAND
VENEZUELA
UNITED STATES
JORDAN
INDIA
AUSTRALIA
SINGAPORE
EGYPT
IRAN
SOUTH AFRICA
ALGERIA
COLOMBIA
LIBYA
MOROCCO
ISRAEL
WORLD (63 COUNTRY TOTAL)
TURKEY
FINLAND
NEW ZEALAND
KOREA - SOUTH
POLAND
TAIWAN
GREECE
BRAZIL
GERMANY
MEXICO
SAUDI ARABIA
NETHERLANDS
BELGIUM
ITALY
ROMANIA
RUSSIA
CANADA
OMAN
DENMARK
PORTUGAL
SPAIN
HUNGARY
TUNISIA
AUSTRIA
UNITED KINGDOM
FRANCE
BULGARIA
KUWAIT
IRELAND
CZECH REPUBLIC
SWEDEN
QATAR
SWITZERLAND
NORWAY
(C)
CHINA
CHINA
CHINA
ALL
2005
2002
2003
SUPPLIERS
$ MILLION
PERCENT
PERCENT
2005
2003 PRICES
SHARE
SHARE
$ MILLION
2003 PRICES
6.7
4.1
12.9
34
105.2
48.8
33.6
41.3
25.4
11.6
9.9
26
26.8
10.9
2.5
18.8
45.3
17.7
6.7
16.6
167.4
55.6
19
27.4
85.7
28
20.5
24.7
196.9
63.6
9.3
17.6
28.9
8.2
7.4
2.3
34.6
9
7.2
16.6
51.4
12.3
9
17
26.4
5.8
0.6
8
143.7
28.9
7.8
7.9
43.7
8.5
2.5
7.1
807.9
140
6
8.3
21.3
3.2
1.4
5.4
107.8
14.4
1.4
2.2
140.8
18.2
4.3
9.3
118.8
14.5
2.8
4.6
65.1
7.8
1.5
5.8
147.7
17
6.2
5.2
68.7
7.7
0.9
7.5
74
8.2
2.3
4.5
22.5
2.4
2.6
7.6
41.7
4.3
0.3
2.4
36.2
3.3
0.6
2.8
36.6
3.3
2.5
5.5
9234.2
813.1
2.9
4.3
159.1
12.7
1.5
3.2
74.3
5.7
1
2.8
24.2
1.8
2.5
4.9
259
19.1
1.2
3.1
155.1
10.7
2
2.2
174
11.4
1.4
5.5
69
4.5
1.5
2.8
58
3.6
0.5
1.4
775.3
47.7
2.9
3.9
145.6
8.7
1.5
2.7
160.5
8.6
1.1
1.8
248.1
13.5
0.7
2.6
154
8.2
2
3.1
382.9
18
0.7
1.2
66.2
2.7
0.1
0.3
292.7
11.3
0.7
0.9
482.8
16.7
1.5
2
25.5
0.9
0
0
94.8
3.2
0.6
0.7
69.9
2.3
0.4
1.1
357.7
9.6
0.4
0.9
87.6
2.4
0.2
1.2
17.8
0.5
0.5
0.8
136.6
3.5
0.2
0.6
315.3
7.9
0.9
0.9
602.6
14.2
0.7
1
15.4
0.3
0
0
51.1
0.8
0.1
0.9
59.1
1
0.1
0.4
89
1.3
0.2
0.4
147.3
1.5
0.2
0.5
62.2 Industrial
0.6Forecasting0.2
European
Ltd 2006 0.2
123.3
0.8
0
0
99.9
0.2
0
0
CHINA
2004
PERCENT
SHARE
CHINA
2005
PERCENT
SHARE
43.1
40.2
36.9
33.3
25.3
36.3
28.2
28
1.1
25
16
16.8
11.6
12.8
12.5
10.4
8.2
11.1
8.5
7.6
8.2
11
5.2
5.8
4.5
4.3
7.1
6.5
7.3
4.2
6.7
4.9
3.5
9.1
3.7
3
5
3.5
4.4
3
5.1
2.5
2.8
1.9
2
1.5
1.6
2.1
1.6
2.4
1.1
1
2
1.3
2.1
1.5
0.2
0.7
1.3
0.9
0
0.3
60.8
46.4
45.8
40.6
39.1
33.2
32.7
32.3
28.5
25.9
23.9
21.9
20.1
19.5
17.3
14.9
13.3
12.9
12.2
12
11.5
11.2
11.1
10.8
10.3
9.2
9
8.8
8
7.6
7.5
7.4
6.9
6.6
6.5
6.3
6.1
6
5.4
5.4
5.3
4.7
4
3.9
3.5
3.4
3.4
3.2
2.7
2.7
2.6
2.6
2.5
2.4
1.8
1.6
1.6
1.4
1
1
0.7
0.2
JAPAN
INDONESIA
UNITED STATES
PAKISTAN
SRI LANKA
HONG KONG
RUSSIA
TAIWAN
PHILIPPINES
DENMARK
VENEZUELA
SINGAPORE
NIGERIA
WORLD (63 COUNTRY TOTAL)
UNITED ARAB EMIRATES
OMAN
ARGENTINA
ITALY
KOREA - SOUTH
AUSTRALIA
NEW ZEALAND
IRELAND
MALAYSIA
EGYPT
SYRIA
JORDAN
NETHERLANDS
SAUDI ARABIA
GREECE
FINLAND
CANADA
SWEDEN
AUSTRIA
ISRAEL
IRAN
MOROCCO
UNITED KINGDOM
TURKEY
INDIA
GERMANY
THAILAND
FRANCE
TUNISIA
COLOMBIA
HUNGARY
ALGERIA
SOUTH AFRICA
BRAZIL
SPAIN
BULGARIA
BELGIUM
LIBYA
MEXICO
POLAND
ROMANIA
IRAQ
SWITZERLAND
QATAR
PORTUGAL
KUWAIT
CZECH REPUBLIC
(C)
CHINA
CHINA
CHINA
ALL
2005
2002
2003
SUPPLIERS
$ MILLION
PERCENT
PERCENT
2005
2003 PRICES
SHARE
SHARE
$ MILLION
2003 PRICES
115.1
50.6
21.9
26.4
26.3
9.8
22.8
29.6
745.7
161.6
13.8
16
10.3
2
24.2
12.7
3.4
0.6
13.1
13.2
22.7
3.6
6.1
9.2
62
8.9
0.8
0.7
59.1
7.7
4.9
7.3
10.2
1.3
8.5
14.8
55.5
7
9.7
11.6
38.1
3.6
0.3
0.5
105.8
7.7
3.6
5.1
15.1
1
0.7
1.5
5345.7
361.6
3.3
4
53.9
3.6
2.6
4.3
9.4
0.6
0
0
17.1
1.1
0.1
6.7
220.7
13.1
1.6
2.4
178.6
9.2
2.9
2.6
63
3.2
2.1
3.8
6.9
0.3
1
2.7
25.2
1.2
0.7
1.3
30.6
1.4
3.1
4.2
37
1.5
1
3.3
10.2
0.4
1.4
1.1
5.6
0.2
5.1
4.7
136.3
4.6
1.1
1.7
63.3
2.1
1
2
21.9
0.7
1.1
3.3
33.6
1.1
0.3
1.1
350.6
11.5
2.1
2.7
68.4
2
2.2
1.4
104.1
2.9
1.6
1.9
11.5
0.3
1.6
1.4
54.9
1.3
0.5
1.5
14.3
0.3
0.2
1
248.7
5.2
0.6
0.9
94
2
1.3
1.3
89.7
1.9
0.2
0.2
417.6
8.6
0.8
0.9
66.3
1.2
1.7
1.5
325.9
5.9
0.3
0.4
8.3
0.1
0
0.4
14.3
0.2
1.4
1.3
68.1
0.9
0.2
0.2
42.1
0.6
0.7
0.9
45.8
0.6
1.8
2.1
76.3
1
1
0.9
141.3
1.7
0.5
0.3
5.8
0.1
0.1
0
97.3
1.1
0.4
0.7
21.8
0.2
0.6
0.3
97.5
0.6
1.4
1
82.7
0.5
0.1
0.1
25.9
0.1
0.1
0.2
10.1
0
0.2
0
53.8
0.1
0.1
0.2
23.1
0.1
0
0
22.3
0
0.1
0
20 Industrial0Forecasting0.3
European
Ltd 2006 0.1
154
0.3
0
0
CHINA
2004
PERCENT
SHARE
CHINA
2005
PERCENT
SHARE
34.8
25.3
21.1
12.8
21.8
10.9
7.3
11.4
14.5
13.7
1.8
9.5
3
5.7
8
0.6
9
4.8
3
5.1
3.5
3.8
6.3
3.8
3.7
1.9
2.2
1.8
3.9
2.5
3.1
1.3
3
1.6
1.4
1.4
1.3
2.2
0.7
1.4
1.7
1.4
0.9
0.8
0.6
2.3
4.4
1.9
0.7
0
1.1
0.7
1.9
0.2
1.2
0
0.2
0.3
0.1
0.2
0
43.9
37.3
21.7
19.1
16.6
16.1
14.4
13.1
12.7
12.7
9.6
7.3
6.9
6.8
6.8
6.3
6.3
5.9
5.2
5.1
4.9
4.8
4.5
4.1
4
4
3.4
3.3
3.3
3.3
3.3
2.9
2.8
2.5
2.4
2.2
2.1
2.1
2.1
2.1
1.9
1.8
1.6
1.5
1.4
1.4
1.3
1.3
1.2
1.2
1.1
1
0.7
0.6
0.5
0.5
0.2
0.2
0.2
0.2
0.2
The following pages show export destinations in the year 2004 or 2005 for
most of the exporters not identified in detail. Some of the countries for which
pump markets are not shown in this report are also identified, e.g.
Kazakhstan. We show exports by the following pump suppliers:
Europe
Asia
America
Switzerland
South Korea
Canada
Russia
Taiwan
Mexico
Poland
Hong Kong
Brazil
Norway
India
Czech Republic
Switzerland
Russia
$ Million in 2005
$ Million in 2005
Czech Republic
Azerbaijan
Netherlands
Sweden
China
Spain
Uzbekistan
China
United Kingdom
India
Austria
Ukraine
Italy
France
Not identified
United States
Not identified
Kazakhstan
Germany
20
40
60
80
100
120
140
10
20
Poland
Norway
$ Million in 2004
$ Million in 2004
Belgium
30
40
50
60
Croatia
United Kingdom
Romania
Germany
Ukraine
Australia
United Kingdom
China
Japan
Germany
Not identified
Not identified
Korea - South
10
20
30
40
50
60
Czech Republic
$ Million in 2004
Slovakia
Not identified
Belgium
United Kingdom
Sweden
Japan
Poland
Austria
United States
Italy
France
Germany
50
100
150
200
250
300
350
400
20
40
60
80
100
120
140
160
Korea - South
Taiwan
$ Million in 2005
$ Million in 2004
United Kingdom
United Kingdom
India
Hong Kong
Canada
China
United States
Japan
China
United States
Japan
Not identified
Not identified
20
40
60
80
100
120
10
20
Hong Kong
India
$ Million in 2005
$ Million in 2004
30
40
50
60
70
80
Singapore
Not identified
Italy
France
Iraq
United States
China
Germany
Not identified
10
20
30
40
50
60
70
80
90
10
20
30
40
50
60
100
200
300
400
500
600
700
Mexico
$ Million in 2005
Venezuela
Canada
Not identified
United States
100
200
300
400
500
600
Brazil
$ Million in 2004
India
Singapore
Turkey
Mexico
United Kingdom
Argentina
China
Not identified
United States
Germany
10
20
30
40
50
60
70
80
90
100
There are many uncertainties surrounding the forecasts. The following notes
attempt to place these into perspective. There are four main issues:
Data Problems
Macro-Economic Issues
The main uncertainty this year is the impact of the oil price on world trade.
We have taken relatively optimistic assumptions here.
The high oil price is expected to boost investment in both upstream and
downstream oil and gas activities.
China
The future annual time path of the Chinese pump market is one of the most
uncertain features of the forecast. In last year's report market growth was
shown to be stable, averaging 7.5% per year. But new data on investment in
China shows the extraordinary investment boom 2002-2005, which clearly
cannot be sustained. The pump market is expected to peak in 2006 and to
decline through 2007-2010 before growing again in 2011.
Japan
Prospects for pump market growth in Japan are still subject to considerable
uncertainty because macro-economic prospects are difficult to predict. In
this instance, however, a high proportion of pump demand is for
replacement purposes and so macro-economic developments have a less
critical impact on the pump market. Pump demand fell consistently 20002004, but a recovery was believed to be underway in 2005.
Japanese pump market size relative to the USA, given the difference in
population, appears to be higher than expected on the basis of government
statistics. The table below shows the market for complete pumps in both
countries.
One reason for the large Japanese market size is the massive investment in
water and sewerage, which is now unwinding after a decade of rapid
growth. We might expect Japanese market size to be around $2.8 billion
after investment in water and sewerage reaches US levels per head of
population.
Complete Pump Market Size: USA & Japan Compared, inc. prime movers
Year 2003, $ million
USA
Japan
Production
3487
3653
less Export
957
740
plus Import
879
470
450
Total Market
3859
3383
583
1157
of which:
Water & Sewerage
Country
Pump Production *
Austria
186
EIF estimate of
Pump Market
107
Belgium
107
144
Czec Republic
29
25
Denmark
452
90
Finland
89
82
France
781
829
Germany
2,104
1,210
Italy
1,790
581
Netherlands
79
217
Russia
155
384
Spain
311
354
Sweden
373
171
Switzerland
133
135
UK
751
714
USA
3,836
3,859
The World Pump Market - The Pump Market by Product - Page III 1
Introduction
as centrifugal,
reciprocating or rotary, and by sub-divisions within these groups. These are the
classifications provided by official government statistics and are the subject of
this section.
The World Pump Market - The Pump Market by Product - Page III 2
product type.
The choice of pump type depends in the pump application, which in turn
depends on the end use industry, but most pump types are used in most end
use industries. Consequently, growth rates for the different pump types are
fairly similar at the broad level of aggregation shown in the chart. There are
trends involving some substitution between pump types in certain
applications and also within pump types in the same application. Examples
within centrifugal are submersible versus end suction pumps, and within
rotary peristaltic versus other rotary pumps. Technological change also
affects demand by pump type by changing pump applications: environmental
investment being a good example.
The World Pump Market - The Pump Market by Product - Page III 3
Centrifugal
Reciprocating
Measuring/dispensing
Rotary
25000
20000
15000
10000
5000
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
The World Pump Market - The Pump Market by Product - Page III 4
Pump were considered for the first time in last year's EIF World Pump
Market Report. We are still not including parts in the market forecasts
because factors governing the aftermarket are complex and forecasts require
quite different methods compared with forecasts for complete pumps.
This year's report includes, for the first time, parts supplied by China, which
have been added to figures shown last year (sum of parts supplied by the EU,
USA and Japan).
The data on pump parts for the major industrial countries, in particular,
should be treated with caution. This is because largely complete pumps may
be imported, although they may be classified as parts.
The table on the next page shows imports of pump parts in 2005 ranked by
country within each world region, together with the compound average
annual percentage growth rate (CAGR) 2005/2002. The most notable positive
growth rates were for China, Thailand, Mexico and Argentina.
The World Market for Pumps - The Pump Market by Product - Page III 5
$ Million
2005
CAGR
2005/2002
WEST EUROPE
Germany
COUNTRY
$ Million
2005
CAGR
2005/2002
AFRICA/MID. EAST
418
-6.4
Kuwait
20
4.2
France
326
-3.1
Nigeria
15
-7.5
United Kingdom
249
Morocco
14
2.7
Italy
221
Israel
12
1.5
7.5
Spain
141
-5.5
10
-1.6
Netherlands
136
-6.2
Iraq
10
-18.3
Austria
104
4.3
Oman
1.8
Belgium
97
0.6
Tunisia
-7.2
Sweden
68
1.5
Jordan
-16.7
Denmark
56
-1.3
Bahrain
-4.4
Switzerland
54
-0.4
Norway
45
11.9
Finland
34
2.1
Ireland
25
21.1
China
256
25.4
Portugal
22
-0.6
Korea - South
179
7.8
Greece
22
-0.2
Japan
115
14.1
Singapore
106
5.9
India
90
13.9
Thailand
66
26.2
EAST EUROPE
ASIA
Czech Republic
154
8.4
Australia
63
-2.9
Poland
83
0.1
Taiwan
59
-5.2
Hungary
68
8.6
Malaysia
31
5.7
Russia
62
-1.5
Indonesia
26
0.6
Romania
26
31.1
Hong Kong
23
-17.6
Bulgaria
7.3
Philippines
10
5.4
Pakistan
10
-3.0
New Zealand
4.2
Sri Lanka
26.0
AFRICA/MID. EAST
Turkey
94
14.8
Saudi Arabia
63
-5.5
Iran
55
-8.0
54
-1.6
South Africa
46
1.6
United States
746
8.8
Algeria
42
4.1
Canada
351
10.2
Egypt
37
-0.4
Mexico
98
26.1
Qatar
23
22.1
Brazil
76
6.8
Libya
22
7.4
Venezuela
38
4.0
Argentina
17
21.2
Colombia
14
18.5
AMERICA
The World Market for Pumps - The Pump Market by Product - Page III 6
Centrifugal Pumps
The proportion of pumps used in the different end use industries largely
determines the variation in demand for pumps of different types. This is
because we do not believe that there is significant substitution between
different pump types (at the level of detail presented in this report), within a
particular end use. There are, however, major variations in the types of pump
used in the different end use industries, and demand trends can differ
significantly between industries. Moreover, the relative importance of
different industries varies markedly from country to country. Consequently,
the extent of sub-division of demand between different end uses is an
important part of market analysis, and this is discussed in detail in Section IV.
The market for centrifugal pumps totals around $12bn. These pumps are used
by all industries; Page III 7 shows that oil, gas, chemicals and power together
account for around 40% of the total.
The table on Page III 8 ranks market size by region for 63 countries. The
largest markets are in the advanced industrial countries of West Europe, USA,
Canada, Japan, plus China, India, South Korea, Mexico and Russia.
The World Market for Pumps - The Pump Market by Product - Page III 7
$m 2003 Prices
END USE
General industry
Water resources
Power generation
Chemicals
14000
12000
10000
8000
6000
4000
2000
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
$m 2003 Prices
WORLD REGION
West europe
East europe
Africa/mid.east
Asia
America
14000
12000
10000
8000
6000
4000
2000
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
The World Market for Pumps - The Pump Market by Product - Page III 8
$ Million
2006
CAGR
2011/2006
WEST EUROPE
COUNTRY
$ Million
2006
CAGR
2011/2006
AFRICA/MID. EAST
Germany
757
2.2
Libya
21
6.0
France
492
2.5
Oman
20
6.0
Italy
389
2.1
Israel
20
6.3
United Kingdom
354
2.0
Iraq
20
10.8
Spain
179
2.8
Morocco
18
4.4
Sweden
127
2.0
Jordan
15
4.9
Netherlands
113
2.0
Bahrain
13
6.2
Norway
89
1.0
Nigeria
12
4.9
Belgium
76
2.4
10
3.9
Austria
71
1.4
Tunisia
6.2
Switzerland
66
0.6
Denmark
56
2.7
Finland
47
1.3
ASIA
Ireland
39
3.1
Japan
1973
1.4
Greece
37
2.9
China
1736
-4.6
Portugal
18
3.6
India
342
7.8
Korea - South
282
2.6
Taiwan
166
3.3
Australia
151
5.4
EAST EUROPE
Russia
277
6.5
Thailand
73
6.8
Poland
105
4.8
Singapore
64
3.8
Romania
36
7.1
Indonesia
37
7.6
Hungary
33
5.2
Hong Kong
26
2.5
Czech Republic
16
5.9
Malaysia
22
7.3
Bulgaria
10
7.5
Pakistan
21
4.2
Philippines
13
4.4
New Zealand
12
-1.7
Sri Lanka
AFRICA/MID. EAST
Saudi Arabia
146
7.2
Iran
139
7.4
105
7.3
Turkey
88
6.5
Qatar
71
2.3
United States
2393
2.9
South Africa
67
4.0
Mexico
253
4.7
Kuwait
51
7.0
Canada
251
2.6
Algeria
36
3.8
Brazil
125
4.5
Egypt
35
2.9
Venezuela
56
6.4
Argentina
42
3.8
Colombia
28
5.1
AMERICA
The World Market for Pumps - The Pump Market by Product - Page III 9
Reciprocating Pumps
The market for reciprocating pumps amounts to around $2.6 billion. Page III
10 shows that 67% of demand arises in West Europe, USA/Canada and Japan
(about the same percent as centrifugal).
Page III 10 also shows that oil and gas and chemicals, pulp and paper account
for 43% of total demand.
The table on Page III 11 ranks market size by region for 63 countries. The
largest markets are in the advanced industrial countries of West Europe, USA,
Canada, Japan, plus China, Thailand, Australia, South Korea, Brazil and
India.
The World Market for Pumps - The Pump Market by Product - Page III 10
$m 2003 Prices
END USE
General industry
Water resources
Power generation
Chemicals
3500
3000
2500
2000
1500
1000
500
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
$m 2003 Prices
WORLD REGION
West europe
East europe
Africa/mid.east
Asia
America
3500
3000
2500
2000
1500
1000
500
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
The World Market for Pumps - The Pump Market by Product - Page III 11
$ Million
2006
CAGR
2011/2006
WEST EUROPE
Germany
COUNTRY
$ Million
2006
CAGR
2011/2006
AFRICA/MID. EAST
96
2.2
Qatar
2.6
France
94
2.5
Kuwait
8.0
United Kingdom
83
2.0
Nigeria
4.4
Italy
56
2.1
Morocco
4.7
Spain
54
2.8
Libya
4.2
Netherlands
32
2.0
Tunisia
5.7
Sweden
28
2.0
Bahrain
6.2
Belgium
18
2.4
Austria
15
1.3
Jordan
Switzerland
13
0.9
Iraq
14.9
Finland
12
1.0
Denmark
12
2.6
Norway
10
1.6
Portugal
3.1
China
494
-4.6
Ireland
2.9
Japan
155
1.4
Greece
2.3
Australia
88
5.4
Korea - South
55
2.6
Thailand
50
6.7
Hong Kong
27
2.6
EAST EUROPE
ASIA
Russia
35
6.5
Taiwan
24
3.2
Poland
23
4.9
Singapore
23
3.8
Romania
10
7.0
Indonesia
17
7.6
Hungary
5.1
India
16
7.9
Czech Republic
5.8
New Zealand
12
-1.7
Bulgaria
6.8
Pakistan
Malaysia
6.9
Philippines
5.4
United States
544
2.9
AFRICA/MID. EAST
Turkey
58
6.5
South Africa
40
4.1
29
7.4
Saudi Arabia
23
7.4
Iran
21
7.4
AMERICA
Oman
6.2
Brazil
241
4.5
Egypt
2.8
Mexico
95
4.7
Algeria
3.5
Canada
76
2.6
Israel
6.5
Venezuela
39
6.3
Argentina
16
3.6
Colombia
13
5.1
The World Market for Pumps - The Pump Market by Product - Page III 12
Rotary Pumps
The world market for rotary pumps amounts to around $2 billion, with the
advanced industrial countries (West Europe, USA/Canada and Japan)
accounting for 69% of the total.
Page III 13 shows that oil and gas, chemicals, pulp and paper and power
generation account for 39% of total demand.
The table on Page III 11 ranks market size by region for 63 countries. The
largest markets are in the advanced industrial countries of West Europe, USA,
Canada, Japan, plus China, Thailand, Australia, South Korea, Brazil and
India.
The table on Page III 14 ranks market size by region for 63 countries. The
largest markets are in the advanced industrial countries of West Europe, USA,
Canada, and Japan, plus China, Brazil, India and Mexico.
The World Market for Pumps - The Pump Market by Product - Page III 13
$m 2003 Prices
END USE
General industry
Water resources
Power generation
Chemicals
2500
2000
1500
1000
500
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
$m 2003 Prices
WORLD REGION
West europe
East europe
Africa/mid.east
Asia
America
2500
2000
1500
1000
500
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
The World Market for Pumps - The Pump Market by Product - Page III 14
$ Million
2006
CAGR
2011/2006
WEST EUROPE
France
COUNTRY
$ Million
2006
CAGR
2011/2006
AFRICA/MID. EAST
80
2.5
Oman
6.6
Italy
78
2.0
Morocco
5.2
Germany
78
2.2
Kuwait
5.4
United Kingdom
75
2.0
Jordan
6.6
Spain
49
2.8
Tunisia
8.4
Netherlands
29
2.0
Sweden
25
2.1
Qatar
Norway
24
0.9
Libya
-3.0
Switzerland
19
0.6
Iraq
14.9
Austria
19
1.4
Belgium
16
2.2
Finland
12
1.0
Denmark
11
2.6
Ireland
2.9
China
291
-4.6
Portugal
3.5
Japan
103
1.3
Greece
2.8
Korea - South
51
2.6
Australia
32
5.6
India
30
8.0
Taiwan
29
3.3
EAST EUROPE
ASIA
Russia
21
6.5
Thailand
13
7.0
Hungary
15
5.3
Singapore
12
3.9
Poland
12
4.8
Indonesia
7.9
Czech Republic
11
6.1
Hong Kong
1.9
Romania
7.3
Philippines
4.5
Bulgaria
7.9
Pakistan
7.2
New Zealand
Malaysia
Sri Lanka
AFRICA/MID. EAST
South Africa
22
4.0
Iran
13
7.4
Turkey
11
6.6
6.3
AMERICA
Algeria
11
3.8
10
7.0
United States
309
3.0
Saudi Arabia
7.3
Mexico
173
4.7
Nigeria
5.1
Brazil
110
4.4
Israel
6.3
Canada
42
2.6
Egypt
4.7
Venezuela
18
6.0
Argentina
13
3.5
Colombia
6.0
The World Market for Pumps - The Pump Market by Product - Page III 15
The World Market for Pumps - The Pump Market by Product - Page III 16
$m 2003 Prices
END USE
General industry
Water resources
Power generation
Chemicals
1400
1200
1000
800
600
400
200
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
$m 2003 Prices
WORLD REGION
West europe
East europe
Africa/mid.east
Asia
America
1400
1200
1000
800
600
400
200
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
The World Market for Pumps - The Pump Market by Product - Page III 17
$ Million
2006
CAGR
2011/2006
WEST EUROPE
COUNTRY
$ Million
2006
CAGR
2011/2006
AFRICA/MID. EAST
Germany
54
2.1
Egypt
4.9
United Kingdom
44
2.0
Algeria
3.3
Italy
35
2.1
Tunisia
5.5
France
28
2.4
Oman
6.6
5.6
Spain
20
2.8
Kuwait
Norway
14
1.0
Qatar
Belgium
12
2.2
Jordan
Netherlands
11
1.8
Iraq
Switzerland
Sweden
Greece
3.0
Austria
1.5
Ireland
2.9
8.4
2.4
ASIA
Finland
1.9
Japan
65
Denmark
2.9
China
56
-4.5
Portugal
2.7
Pakistan
23
4.4
Korea - South
15
2.4
Malaysia
10
7.4
India
10
7.8
EAST EUROPE
Russia
23
6.5
Indonesia
7.8
Poland
22
4.9
Australia
5.9
Romania
16
7.2
Taiwan
3.7
Hungary
5.7
Philippines
4.5
Bulgaria
7.6
Singapore
3.8
Czech Republic
7.0
Thailand
6.5
New Zealand
Hong Kong
AFRICA/MID. EAST
South Africa
21
4.3
Saudi Arabia
12
7.0
Turkey
6.2
Nigeria
5.0
7.3
AMERICA
United States
156
3.0
Libya
5.6
Mexico
29
4.5
Morocco
4.4
Canada
29
2.6
Iran
7.2
Brazil
16
5.6
Israel
6.8
Argentina
13
3.5
Colombia
11
5.7
Venezuela
4.9
The World Market for Pumps - The Pump Market by Product - Page III 18
Total market size is around $4 billion, with most of demand being located in
the advanced industrial countries.
Page III 19 shows that at high proportion of pumps are used by general
industry (which includes domestic).
The table on Page III 20 ranks market size by region for 63 countries. The
largest markets are in the advanced industrial countries of West Europe, USA,
Canada, and Japan, plus China, Australia, South Korea, India, Mexico and
Brazil
The World Market for Pumps - The Pump Market by Product - Page III 19
$m 2003 Prices
END USE
General industry
Water resources
Power generation
Chemicals
5000
4500
4000
3500
3000
2500
2000
1500
1000
500
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
$m 2003 Prices
WORLD REGION
West europe
East europe
Africa/mid.east
Asia
America
5000
4500
4000
3500
3000
2500
2000
1500
1000
500
0
1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
The World Market for Pumps - The Pump Market by Product - Page III 20
$ Million
2006
CAGR
2011/2006
WEST EUROPE
COUNTRY
$ Million
2006
CAGR
2011/2006
AFRICA/MID. EAST
Germany
293
2.2
Israel
13
6.3
United Kingdom
172
1.9
Tunisia
10
5.7
France
160
2.5
Nigeria
10
5.0
Spain
78
2.8
4.4
Italy
58
2.1
Kuwait
6.5
Sweden
41
2.0
Jordan
5.8
Netherlands
41
2.0
Qatar
2.5
Switzerland
36
0.6
Bahrain
7.0
Belgium
22
2.4
Iraq
11.0
Austria
20
1.4
Oman
4.4
Norway
18
0.7
Greece
17
2.9
Finland
15
1.5
Denmark
13
2.8
Japan
684
1.3
Portugal
12
3.4
China
274
-4.6
Ireland
12
3.0
India
204
7.9
Australia
127
5.4
Korea - South
60
2.6
Thailand
32
6.8
EAST EUROPE
ASIA
Poland
36
4.8
Taiwan
30
3.3
Russia
34
6.5
Singapore
27
3.9
Romania
19
7.1
Hong Kong
16
2.5
Hungary
5.0
New Zealand
14
-1.5
Czech Republic
5.9
Malaysia
14
7.3
Bulgaria
7.9
Philippines
4.6
Indonesia
7.7
Pakistan
6.0
Sri Lanka
AFRICA/MID. EAST
South Africa
43
4.0
Saudi Arabia
42
7.3
41
7.3
Turkey
38
6.5
Iran
37
7.4
United States
591
2.9
Algeria
32
3.9
Mexico
145
4.7
Egypt
27
3.0
Canada
122
2.6
AMERICA
Libya
22
6.2
Brazil
72
4.3
Morocco
18
4.3
Venezuela
30
6.5
Argentina
28
4.0
Colombia
19
5.0
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 1
IV
Introduction
This section of the report discusses the pump market by end use industry.
Analysis by end use is more relevant to marketing than the analysis by
product which was discussed in Section III. However, it should be borne in
mind that the end use analysis is less reliable statistically because
information on pump usage by end use is limited.
Another factor is that market size and growth by end use is strongly
influenced by resource endowment in particular countries, particularly for oil
& gas, chemicals, pulp and paper and mineral mining/processing.
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 2
The table on the next page summarises results for each of the end use
industries identified in the report.
World market growth averages 2.5% p.a. 2006-2011, with growth by end
use ranging from 0.3% p.a. to 5% p.a.
One of the main factors influencing growth rates by industry, for the world
as a whole, is the proportion of demand arising from the advanced
industrial countries relative to other countries. This is because saturation of
demand leads to relatively slow growth in the industrial countries.
Developing countries place more emphasis on infrastructure, which boosts
demand in end uses such as oil, gas, chemicals and power generation.
Last year's report expected growth to average 3.5% a year 2005-2010. The
slower growth in this year's report reflects revised data for China, and
assumptions about the future course of growth in China, coupled with the
impact of high oil prices which results in slower growth in the major
industrial countries.
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 3
Volume growth
% p.a. 2006-2011
Oil/gas-offshore *
698
4.0
Oil/gas-onshore +
1140
3.4
Oil refining
1369
4.2
Basic chemicals
1705
3.5
Other chemicals
697
3.0
Food
654
1.3
Drink
348
1.4
Pharmaceuticals
254
1.8
468
4.0
Power-hydro
244
1.9
Power-nuclear
202
1.5
Power-coal/oil
980
4.5
Harbours/docks/canals
65
5.0
345
4.6
Metal manufacturing
893
0.3
Mineral processing
753
2.6
732
3.0
Other industry
3130
1.7
Sewage treatment
2062
1.6
Water treatment
1383
1.1
Building services
1491
1.6
Construction dewatering
1102
1.7
Domestic
1806
2.8
Total Market
21789
2.5
** sum of 63 countries
* excludes offshore Africa and Caspian Sea
+ includes liquefied natural gas
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 4
The following table lists the end uses and applications identified in the
report.
The table column headed range provides a broad classification into three
categories which are mainly determined by the application and pump
technology. These are:
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 5
APPLICATION
RANGE
SIZE
CLIENTS
CONTRACT
ENG
METERING/ DOSING
SPE
FIRE PUMPS
ENG
INJECTION PUMPS
ENG
ENG
CHEMICALS-BASIC
CHEMICALS-DOWNSTREAM
OIL REFINING
POWER-COAL/OIL
GAS SCRUBBING
SPE
LNG/NGL PUMPS
SPE
SPE
UTILITY
STD
METERING/ DOSING
SPE
CHEMICAL PROCESS
STD
CLEAR LIQUIDS
STD
SPECIAL PURPOSE
SPE
UTILITY
STD
CHEMICAL DOSING
SPE
CHEMICAL PROCESS
STD
CLEAR LIQUIDS
STD
METERING
SPE
SPECIAL PURPOSE
SPE
UTILITY
STD
REFINERY PROCESS
ENG
WATER CIRCULATING
STD
STD
SPECIAL PURPOSE
SPE
LPG PUMPS
SPE
UTILITY
STD
ENG
ENG
COAL/OIL-COOLING WATER
ENG
COAL/OIL-BOOSTER
ENG
COAL/OIL-HEATER DRAINS
ENG
COAL/OIL-CONDENSATE RECOVERY
ENG
ENG
COAL/OIL-BOILER CIRCULATION
ENG
COAL/OIL-ASH/FGD PUMPS
ENG
COAL/OIL-AUXILIARY SERVICE
STD
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 6
ENDUSE
APPLICATION
POWER-HYDROELECTRIC
POWER-NUCLEAR
METAL MANUFACTURE
RANGE
SIZE
CLIENTS
CONTRACT
GAS-FEED WATER
ENG
GAS-CIRCULATION
ENG
GAS-COOLING WATER
ENG
GAS-CIRCULATORS
STD
GAS-AUXILIARY SERVICE
STD
HYDRO-MAIN PUMPS
STD
HYDRO-OTHER PUMPS
STD
NUCLEAR-PRIMARY COOLANT
ENG
NUCLEAR-COOLING WATER
ENG
ENG
SPE
NUCLEAR-AUXILIARY SERVICE
STD
CHEMICAL DOSING
SPE
LIQUOR
STD
ENG
CONDENSATE
STD
FAN
STD
WOOD CHIP
STD
SPECIAL PURPOSE
SPE
UTILITY
STD
DESCALING/MILL SCALE/FLUSHING
STD
CIRCULATING WATER
STD
WATER TREATMENT
STD
SPECIAL PURPOSE
SPE
UTILITY
STD
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 7
ENDUSE
FOOD
DRINK
APPLICATION
RANGE
SIZE
CLIENTS
CONTRACT
C
HYGIENIC
SPE
OTHER
STD
HYGIENIC
SPE
OTHER
STD
PHARMACEUTICALS
HYGIENIC
SPE
OTHER
STD
MARINE
PROPULSION
SPE
BILGE
STD
BALLAST
STD
FIRE FIGHTING
STD
STD
DOCK DEWATERING
STD
MINERAL MINING/PROCESSING
DEWATERING
STD
MINE DRAINAGE
STD
DREDGE
STD
GRAVEL
STD
SLURRY
STD
JETTING
STD
SPECIAL PURPOSE
SPE
WATER SUPPLY
RESERVOIR
STD
SEWERAGE
SEWERAGE
STD
BUILDING SERVICES
STD
STD
OTHER INDUSTRIES
CONSTRUCTION DEWATERING
STD
CHEMICAL PROCESS
STD
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 8
Other columns in the table are entitled size, clients and contract. These
are graded A, B or C according to the criteria given in the footnote to the table.
Size refers to the output capacity of the pump. Clients indicates whether
there are a large number of potential customers in an application. Contract
refers to the typical size of a major pump contract. These three parameters
have a fundamental effect on marketing methods and the nature of
competition.
Engineered Pumps
Engineered pumps are generally of
large size,
power
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 9
Standard Pumps
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 10
Special purpose pumps are required where standard pumps cannot provide
an efficient solution. They are produced in relatively small numbers by
specialist companies and command a price premium over standard pumps.
Manufacturers of special purpose pumps could provide standard pumps, but
because they cannot achieve the same economies of scale as the specialist
standard pump manufacturers, they cannot compete on price grounds.
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 11
Engineered
20%
Standard
68%
Special
12%
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 12
The chart below shows market sizes for engineered pumps The major
markets are in oil and gas production, oil refining and power generation.
Power-nuclear
Power-gas
Oil offshore
Power-coal/oil
Refining
Oil Onshore
100
200
300
400
500
600
700
800
900
1000
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 13
Standard pumps are used across virtually all end uses. The largest
are other industry, domestic,
chemicals.
Drink
Power-coal/oil
Power-hydro
Other chemicals
Shipbuilding
Refining
Food
Pulp & paper
Mineral processing
Metal Manfg.
Construction
Basic chemicals
Building
Domestic
Other industry
0
500
1000
1500
2000
2500
3000
3500
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 14
Oil-offshore
Shipbuilding
Power-nuclear
Metal manf;
Oil-onshore
Pulp & paper
Pharmaceuticals
Refining
Drink
Food
Other chemicals
Basic chemicals
100
200
300
400
500
600
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 15
Rankings for the market for complete pumps are shown in the table on the
next page. The US is by far the largest market, followed by Russia, Canada
and China. Norway and the UK lead in West Europe.
Africa & Middle East have a number of large markets, led by UAE, Iran,
Kuwait Saudi Arabia and Qatar.
In Asia, China apart, the largest markets are in India, Japan and Australia.
The World Market for Pumps - The Pump Market by End Use - Page IV 16
$ Million
2006
CAGR
2011/2006
WEST EUROPE
COUNTRY
$ Million
2006
CAGR
2011/2006
AFRICA/MID. EAST
NORWAY
71
1.3
KUWAIT
16
4.5
UNITED KINGDOM
59
4.1
IRAQ
16
14.0
GERMANY
46
1.3
SOUTH AFRICA
13
5.0
FRANCE
46
1.6
LIBYA
14
6.6
ITALY
42
2.1
BAHREIN
14
4.7
SPAIN
32
4.1
TUNISIA
17.6
NETHERLANDS
30
0.9
SYRIA
3.4
SWEDEN
3.0
JORDAN
3.7
GREECE
2.4
BELGIUM
3.2
DENMARK
1.5
AUSTRIA
15.7
SWITZERLAND
-3.4
ASIA
PORTUGAL
3.7
CHINA
239
-5.5
FINLAND
1.9
JAPAN
97
5.6
IRELAND
3.7
AUSTRALIA
50
4.0
KOREA - SOUTH
36
3.1
INDIA
34
5.8
SINGAPORE
29
3.7
EAST EUROPE
RUSSIA
171
6.3
TAIWAN
27
6.6
POLAND
23
10.9
THAILAND
21
7.6
ROMANIA
13
14.6
MALAYSIA
18
11.2
HUNGARY
10
6.1
INDONESIA
15
9.1
CZECH REPUBLIC
0.3
PAKISTAN
11
3.4
BULGARIA
13.4
PHILIPPINES
4.9
NEW ZEALAND
-4.4
HONG KONG
2.4
874
4.2
AFRICA/MID. EAST
QATAR
78
1.6
IRAN
75
7.5
SAUDI ARABIA
65
3.1
UNITED ARAB
67
7.7
ALGERIA
37
4.4
AMERICA
UNITED STATES
EGYPT
24
2.1
MEXICO
273
2.7
TURKEY
25
11.5
CANADA
122
2.8
NIGERIA
21
0.8
VENEZUELA
53
2.1
OMAN
19
6.5
BRAZIL
38
11.1
COLOMBIA
26
5.3
ARGENTINA
20
1.3
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 17
We sub-divide the market into offshore and onshore. Results by world region
and application (annual average 2006-2008) are shown on Pages IV 19 and
IV 20 respectively.
USA/Canada
Latin America
Middle East
China
West Europe
Russia
Africa
Pacific Rim
Other Asia
Other E. Europe
India
Japan
100
200
300
400
500
600
700
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 18
The chart below shows that we expect the largest increases in the demand for
pumps will arise in USA/Canada, the Middle East and Latin America. West
Europe shows a small growth, boosted by high oil prices, although demand
from this region is in long-term decline. Note that figures for Other East
Europe do not include Azerbaijan or Kazakhstan, where demand is known to
be growing rapidly. The countries included in the figures for Africa exclude
offshore Angola and Equatorial Guinea.
er
ic
a
A
m
ad
a
A
si
a
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S/
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an
R
im
O
th
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Pa
ci
fic
Ja
pa
n
In
di
a
C
hi
na
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st
id
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ro
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Eu
E.
A
fr
ic
a
La
tin
-60
th
-40
R
us
si
a
.E
-20
ur
op
e
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 19
Main oil
line
Metering/
dosing
Fire pumps
Injection
Gas
scrubbing
13.4
1.3
5.1
2.6
1.3
2.1
25.8
Russia
42.7
4.1
16.4
8.2
4.1
6.5
82.0
10.0
1.0
3.8
1.9
1.0
1.5
19.3
Middle East
82.2
7.9
31.6
15.8
7.9
12.6
158.2
Africa
28.6
2.8
10.9
5.5
2.8
4.4
54.9
China
73.6
7.1
28.3
14.2
7.1
11.3
141.5
Japan
5.9
0.6
2.3
1.2
0.6
0.9
11.4
India
1.4
0.1
0.5
0.3
0.1
0.2
2.7
Pacific Rim
12.3
1.1
4.8
2.4
1.1
2.0
23.8
11.3
1.1
4.3
2.2
1.1
1.8
21.8
200.2
19.3
77.0
38.5
19.3
30.8
385.0
Other America
111.4
10.7
42.8
21.5
10.7
17.1
214.3
World Total
593.1
57.1
227.9
114.3
57.1
91.2
1140.7
Utility
Total
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 20
Main oil
line
Metering/
dosing
Fire pumps
Injection
Sea water
lift
Gas
scrubbing
Utility
Total
20.0
5.0
25.0
10.0
25.0
2.9
12.0
99.6
Russia
1.8
0.5
2.3
0.9
2.3
0.3
1.1
9.1
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Middle East
30.2
7.6
37.9
15.1
37.9
4.6
18.2
151.2
Africa *
4.8
1.2
6.0
2.4
6.0
0.7
2.9
24.0
China
3.1
0.8
4.0
1.6
4.0
0.5
1.9
15.7
Japan
0.0
0.0
0.0
0.0
0.0
0.0
0.0
0.0
India
2.2
0.5
2.7
1.1
2.7
0.3
1.3
10.9
Pacific Rim
5.6
1.4
7.1
2.9
7.1
0.9
3.4
28.2
4.7
1.2
5.9
2.4
5.9
0.7
2.8
23.7
38.7
9.7
48.4
19.4
48.4
5.8
23.2
193.4
Other America
28.4
7.2
35.5
14.2
35.5
4.3
17.0
142.1
World Total
139.6
35.0
174.8
70.0
174.8
20.9
83.9
698.1
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 21
Oil Refining
There are many factors influencing the market for pumps in oil refining.
Traditionally, industrialised countries have imported crude oil and refined it
themselves. Developing countries with oil resources now wish to expand
capacity to add value to their oil exports. However, pump demand is also
influenced strongly by continuous upgrading of refining capacity and by new
environmental legislation. The chart below shows the pattern of world demand.
The breakdown by application is given in the table on Page IV 23.
USA/Canada
West Europe
Pacific Rim
Middle East
Russia
Japan
Latin America
China
Other E. Europe
Africa
India
Other Asia
100
200
300
400
500
600
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 22
The most important growth occurs in USA/Canada, Middle East, Pacific Rim
and West Europe. Growth in West Europe is the result of investment in
environmental facilities stemming from legislation and also a doubling of
investment by Total.
The recent extremely high oil prices, coupled with shortages of refining
capacity have influenced our estimates of market change from 2006 to 2008.
a
A
m
er
ic
an
ad
a
La
tin
U
S/
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si
a
O
th
e
R
im
ci
f ic
Pa
Ja
pa
n
In
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a
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Eu
A
fr
ic
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si
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E.
-40
R
us
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O
th
ur
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The World Market for Pumps - The Pump Market by End Use Industry - Page IV 23
Refinery
process
Water
circulating
Special
purpose
Utility
Total
149.9
25.0
37.6
37.6
249.9
Russia
55.2
9.2
13.8
13.8
92.0
24.3
4.1
6.1
6.1
40.6
Middle East
61.9
10.4
15.4
15.4
103.2
Africa
16.1
2.7
4.1
4.1
26.8
China
37.5
6.2
9.4
9.4
62.4
Japan
55.1
9.2
13.8
13.8
91.8
India
13.5
2.3
3.4
3.4
22.5
Pacific Rim
67.4
11.2
16.9
16.9
112.4
10.7
1.8
2.7
2.7
17.9
283.7
47.3
70.9
70.9
472.8
Other America
46.0
7.7
11.5
11.5
76.7
821.3
137.1
205.4
205.4
1369.0
World Total
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 24
CHEMICAL INDUSTRY
The two sectors have major differences in terms of the number of companies
involved, underlying investment trends
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 25
Rankings by market size for complete pumps in the chemical industry are
shown in the table on the next page.
The US, Japan, Germany, China and India are clear leaders. Saudi Arabia,
Iran and Kuwait are large markets in Africa & Middle East. Other large
markets in Asia are found in South Korea, Taiwan and Thailand. In Europe,
excluding Germany, the leading markets are in Russia, France, Switzerland
and the UK
The World Market for Pumps - The Pump Market by End Use - Page IV 26
$ Million
2006
CAGR
2011/2006
WEST EUROPE
GERMANY
COUNTRY
$ Million
2006
CAGR
2011/2006
AFRICA/MID. EAST
150
1.5
EGYPT
1.8
FRANCE
51
2.3
OMAN
-2.6
SWITZERLAND
50
3.7
LIBYA
5.9
UNITED KINGDOM
43
4.1
MOROCCO
6.4
ITALY
35
3.2
TUNISIA
4.0
SPAIN
25
3.9
SYRIA
5.9
NETHERLANDS
22
2.4
QATAR
-4.4
IRELAND
16
4.5
IRAQ
9.1
BELGIUM
15
3.3
AUSTRIA
13
-6.3
DENMARK
12
4.5
SWEDEN
3.1
NORWAY
1.5
ASIA
GREECE
6.7
CHINA
318
-5.5
PORTUGAL
3.1
JAPAN
310
3.7
FINLAND
3.3
INDIA
138
9.3
KOREA - SOUTH
77
2.6
TAIWAN
60
2.2
THAILAND
49
8.0
EAST EUROPE
RUSSIA
41
8.8
SINGAPORE
28
-0.4
POLAND
17
7.6
INDONESIA
17
8.8
HUNGARY
11
4.5
MALAYSIA
12
4.6
BULGARIA
7.4
AUSTRALIA
11
-0.2
ROMANIA
11.7
NEW ZEALAND
-7.7
CZECH REPUBLIC
1.2
PAKISTAN
9.4
PHILIPPINES
5.7
HONG KONG
2.6
AFRICA/MID. EAST
SAUDI ARABIA
75
7.9
IRAN
70
8.9
UNITED ARAB
34
11.6
TURKEY
24
3.6
JORDAN
18
5.2
UNITED STATES
310
2.4
SOUTH AFRICA
16
3.8
VENEZUELA
55
2.5
KUWAIT
15
-1.4
MEXICO
37
7.9
ALGERIA
10
4.9
BRAZIL
25
11.2
ISRAEL
4.9
CANADA
21
1.0
ARGENTINA
17
3.3
AMERICA
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 27
Basic Chemicals
The chart below shows that the largest markets are in USA/Canada, West
Europe, Japan, Middle East, Pacific Rim and China.
West Europe
USA/Canada
Japan
Middle East
Pacific Rim
China
India
Latin America
Russia
Other E. Europe
Africa
Other Asia
50
100
150
200
250
300
350
400
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 28
The chart below shows that the largest increases in demand are expected in
the Middle East, India, Japan, West Europe and the Pacific Rim. The
Chinese market is expected to fall from the very high level in 2006.
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The World Market for Pumps - The Pump Market by End Use Industry - Page IV 29
Chemical
process
Clear liquids
Metering/
dosing
Special
purpose
Utility
Total
210.5
17.6
36.1
70.3
16.5
350.9
Russia
18.8
1.6
3.2
6.2
1.5
31.3
17.5
1.5
3.0
5.9
1.4
29.1
114.1
9.5
19.6
38.1
8.9
190.1
Africa
16.7
1.4
2.9
5.6
1.2
27.8
China
103.5
8.6
17.8
34.5
8.1
172.4
Japan
145.7
12.1
25.0
48.6
11.4
242.8
India
63.2
5.3
10.9
21.0
5.0
105.3
110.8
9.3
19.0
36.9
8.7
184.6
9.2
0.8
1.6
3.1
0.7
15.3
153.7
12.8
26.4
51.3
12.1
256.2
Other America
60.0
5.0
10.3
20.1
4.7
99.9
1023.5
85.6
175.7
341.5
80.1
1705.9
Middle East
Pacific Rim
World Total
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 30
Other Chemicals
The chart below shows that the largest markets are in West Europe, China,
USA/Canada, Middle East, Pacific Rim and Japan. The demand for products
of 'other' chemicals is significantly dependent on high living standards - e.g.
cosmetics, toiletries etc. Other Chemicals is a particularly large consumer of
rotary pumps.
China
West Europe
USA/Canada
Middle East
Japan
Pacific Rim
India
Latin America
Russia
Other E. Europe
Africa
Other Asia
20
40
60
80
100
120
140
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 31
The chart below shows that the largest increases in demand are expected
in the Middle East, India, the Pacific Rim and West Europe. The Chinese
market is expected to decline from the very high level in 2006.
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The World Market for Pumps - The Pump Market by End Use Industry - Page IV 32
Chemical
process
Clear
liquids
Metering/
dosing
Special
purpose
Utility
Total
35.2
5.9
17.9
52.7
5.3
117.0
Russia
4.1
0.7
2.1
6.1
0.6
13.7
3.8
0.8
2.0
5.7
0.7
12.8
Middle East
24.8
4.2
12.6
37.1
3.9
82.6
Africa
3.5
0.6
1.8
5.2
0.5
11.6
China
36.2
6.0
18.5
54.3
5.7
120.7
Japan
24.0
4.0
12.3
36.0
3.8
80.0
India
13.8
2.3
7.1
20.7
2.2
46.0
Pacific Rim
23.3
3.8
11.9
34.9
3.6
77.5
2.1
0.4
1.0
3.0
0.4
6.7
25.4
4.3
12.9
38.1
3.9
84.6
Other America
13.2
2.3
6.7
19.7
2.0
43.7
World Total
209.2
35.2
106.7
313.6
32.6
697.0
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 33
POWER GENERATION
Power generation is a large user of pumps for water cooling and transfer and
for high temperature and pressure applications. Plant technology has a major
bearing on pump usage, so it is necessary to sub-divide investment activity in
order to provide credible market forecasts.
coal/oil fired
b)
c)
nuclear
d)
hydroelectric
The table on the next page shows rankings by market size in 2005. In Asia
the leading markets are China, Japan, India, and South Korea. In America the
US, Canada and Brazil lead. In West Europe the leaders are Germany,
France, Italy and the UK. Leading markets in East Europe are Russia and
Poland. Markets in Africa & Middle East are led by Turkey, Saudi Arabia,
Kuwait and Iran.
European Industrial Forecasting Ltd 2006
The World Market for Pumps - The Pump Market by End Use - Page IV 34
$ Million
2006
CAGR
2011/2006
WEST EUROPE
GERMANY
COUNTRY
$ Million
2006
CAGR
2011/2006
AFRICA/MID. EAST
66
2.4
MOROCCO
3.8
FRANCE
47
1.5
ALGERIA
8.3
UNITED KINGDOM
43
7.6
ISRAEL
9.7
ITALY
24
3.2
TUNISIA
-6.7
SPAIN
17
1.4
OMAN
-4.7
FINLAND
15
-6.7
LIBYA
4.7
NETHERLANDS
13
2.9
BAHREIN
11.0
NORWAY
1.3
JORDAN
5.2
DENMARK
10
2.2
IRAQ
16.5
SWEDEN
2.0
GREECE
3.6
AUSTRIA
5.9
PORTUGAL
4.6
ASIA
BELGIUM
1.9
CHINA
307
-5.5
SWITZERLAND
-5.1
JAPAN
156
3.9
IRELAND
3.1
INDIA
103
6.6
KOREA - SOUTH
60
1.8
AUSTRALIA
55
10.1
THAILAND
39
5.1
EAST EUROPE
RUSSIA
61
5.6
TAIWAN
28
3.0
POLAND
41
0.6
PAKISTAN
27
4.1
ROMANIA
24
-2.3
SINGAPORE
29
9.9
CZECH REPUBLIC
12
2.0
HONG KONG
16
2.6
HUNGARY
4.3
INDONESIA
14
6.0
BULGARIA
5.5
PHILIPPINES
12
5.3
MALAYSIA
2.9
SRI LANKA
4.4
NEW ZEALAND
AFRICA/MID. EAST
TURKEY
49
11.5
SAUDI ARABIA
44
14.5
SOUTH AFRICA
27
-0.8
AMERICA
IRAN
24
3.6
UNITED ARAB
13
2.5
UNITED STATES
98
3.2
EGYPT
13
1.9
MEXICO
83
6.7
SYRIA
12
4.3
BRAZIL
60
8.0
KUWAIT
8.6
CANADA
47
2.7
NIGERIA
4.4
COLOMBIA
17
4.8
VENEZUELA
20
16.7
ARGENTINA
10
2.9
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 35
West Europe
China
Pacific Rim
Latin America
Middle East
Japan
USA/Canada
India
Other Asia
Other E. Europe
Africa
Russia
50
100
150
200
250
300
350
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 36
The main growth areas are Middle East and Latin America. China is expected
to decline from the very high level achieved in 2006.
High gas prices in the USA have led to a number of new coal-fired projects,
supported by US government subsidies for clean coal technology.
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The World Market for Pumps - The Pump Market by End Use Industry - Page IV 37
Boiler feed
100% duty
Boiler feed
50% duty
Cooling
Booster
Condensate
Recovery
Lube
oil
Boiler
circulation
Ash/fgd
Auxiliary
23.8
5.9
23.8
5.7
8.0
6.6
5.6
12.7
21.6
Russia
7.3
1.8
7.3
1.8
2.4
2.1
1.7
3.9
6.7
14.2
3.6
14.2
3.4
4.8
4.0
3.3
7.5
13.0
Middle East
23.4
5.9
23.4
5.6
7.9
6.7
5.4
12.5
21.3
Africa
9.8
2.5
9.8
2.4
3.3
2.7
2.3
5.3
8.9
China
24.4
6.2
24.4
5.8
8.2
6.9
5.7
13.0
22.2
Japan
16.7
4.2
16.7
4.0
5.6
4.7
3.9
8.9
15.2
India
14.5
3.7
14.5
3.5
4.9
4.1
3.4
7.7
13.2
Pacific Rim
22.1
5.5
22.1
5.3
7.5
6.3
5.2
11.8
20.2
13.6
3.4
13.6
3.2
4.6
3.8
3.2
7.2
12.4
12.2
3.1
12.2
2.9
4.1
3.5
2.9
6.5
11.1
Other America
23.6
6.0
23.6
5.7
7.9
6.6
5.6
12.5
21.5
World Total
205.7
51.9
205.7
49.3
69.1
57.9
48.2
109.4
187.3
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 38
Boiler
feed
Circulating
Condensate
recovery
Cooling
Auxiliary
Total
22.7
18.1
9.2
8.0
32.4
90.1
Russia
3.1
2.5
1.3
1.1
4.5
12.5
2.8
2.2
1.2
1.0
4.0
11.0
Middle East
10.3
8.2
4.1
3.6
14.6
40.5
Africa
5.0
3.8
2.0
1.8
7.1
19.4
China
8.8
7.1
3.5
3.2
12.7
35.3
Japan
7.9
6.3
3.2
2.8
11.3
31.4
India
6.8
5.5
2.7
2.4
9.8
27.4
Pacific Rim
19.1
15.2
7.6
6.8
27.4
76.1
5.3
4.2
2.2
1.9
7.7
21.2
16.6
13.3
6.7
6.0
23.9
66.4
Other America
9.4
7.4
3.7
3.4
13.4
37.3
World Total
117.8
93.7
47.3
42.0
168.7
468.4
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 39
NUCLEAR POWER
REQUIREMENTS BY APPLICATION - $M 2003 PRICES
Annual average 2006-2008
Primary
coolant
Cooling
Nuclear
reactor
Nuclear
safeguard
Total
20.9
7.5
12.3
20.9
61.5
Russia
3.7
1.3
2.2
3.7
10.9
2.5
0.9
1.5
2.5
7.5
Middle East
0.0
0.0
0.0
0.0
0.0
Africa
0.3
0.1
0.2
0.3
0.9
China
14.8
5.2
8.7
14.8
43.5
Japan
10.8
3.8
6.4
10.8
31.8
India
1.8
0.6
1.1
1.8
5.4
Pacific Rim
7.8
2.7
4.6
7.8
22.9
0.2
0.1
0.1
0.2
0.6
4.8
1.7
2.8
4.8
14.0
Other America
1.2
0.4
0.8
1.2
3.7
World Total
68.8
24.4
40.6
68.8
202.5
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 40
HYDROELECTRIC POWER
REQUIREMENTS BY APPLICATION - $M 2003 PRICES
Annual average 2006-2008
Main pumps
Other pumps
Total
22.0
2.6
24.4
Russia
6.0
0.7
6.7
2.3
0.2
2.4
13.6
1.5
15.1
Africa
2.2
0.3
2.5
China
77.9
8.7
86.6
Japan
19.0
2.1
21.1
India
7.4
0.8
8.2
Pacific Rim
6.5
0.7
7.2
6.6
0.8
7.2
10.3
1.2
11.5
Other America
46.3
5.1
51.3
220.3
24.7
244.3
Middle East
World Total
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 41
Water and sewerage is a large market for pumps, with radically different
market drivers for the advanced industrial countries compared with the
developing countries.
In the case of the industrial countries there are two major factors. The first is
the importance of environmental legislation in recent years and the second is
the trend towards privatisation of municipal utilities. The latter has also led to
growing horizontal integration of privately owned gas, electricity and water
companies.
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 42
Market size and growth rates are shown in the table on the next page.
Japan is the largest market, followed by the US and Germany. Japan has had
a massive investment programme in recent years, which is now unwinding
since water and sewerage standards have now reached the levels in other
advanced industrial countries.
The World Market for Pumps - The Pump Market by End Uset - Page IV 43
$ Million
2006
CAGR
2011/2006
WEST EUROPE
COUNTRY
$ Million
2006
CAGR
2011/2006
AFRICA/MID. EAST
GERMANY
262
3.9
NIGERIA
11.0
UNITED KINGDOM
182
0.2
IRAN
3.7
FRANCE
158
2.9
ALGERIA
5.5
ITALY
106
2.6
TUNISIA
-5.6
SPAIN
78
2.8
SYRIA
4.6
NETHERLANDS
36
2.9
QATAR
10.5
BELGIUM
23
3.5
OMAN
14.9
SWITZERLAND
20
-0.8
JORDAN
3.7
SWEDEN
20
2.1
IRAQ
-9.3
AUSTRIA
19
2.5
DENMARK
16
3.3
NORWAY
13
0.6
FINLAND
10
1.6
IRELAND
0.7
JAPAN
1017
-0.9
GREECE
2.7
CHINA
215
-5.5
PORTUGAL
3.9
INDIA
66
7.2
AUSTRALIA
41
3.8
KOREA - SOUTH
21
2.7
TAIWAN
15
3.3
EAST EUROPE
ASIA
RUSSIA
31
6.4
THAILAND
11
5.5
POLAND
30
5.3
HONG KONG
11
2.3
ROMANIA
15
5.0
SINGAPORE
3.8
HUNGARY
11
4.8
NEW ZEALAND
0.5
CZECH REPUBLIC
11.2
PAKISTAN
4.0
BULGARIA
8.4
PHILIPPINES
2.1
MALAYSIA
11.6
INDONESIA
9.9
SRI LANKA
AFRICA/MID. EAST
LIBYA
22
6.4
SAUDI ARABIA
16
1.3
UNITED ARAB
13
5.6
TURKEY
0.7
KUWAIT
10
9.5
UNITED STATES
626
1.9
SOUTH AFRICA
6.0
BRAZIL
64
0.1
ISRAEL
5.6
MEXICO
45
6.0
MOROCCO
3.5
CANADA
47
2.9
EGYPT
1.8
ARGENTINA
20
5.6
COLOMBIA
10
4.8
VENEZUELA
16.0
AMERICA
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 44
The chart below shows market size (annual average 2006-2008). West Europe
Japan, and USA/Canada account for a high proportion of the market in the
identified countries. Some developing countries with low income levels are, in
aggregate, a significant market for pumps in water and sewerage because of
the importance of international aid, but many in Africa, Asia and Latin
America are excluded because this report covers the top 63 economies.
Market Size, average 2006-2008, Water & Sewerage, $ million 2003 prices
Japan
West Europe
USA/Canada
China
Latin America
Middle East
Pacific Rim
India
Other E. Europe
Other Asia
Russia
Africa
200
400
600
800
1000
1200
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 45
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The World Market for Pumps - The Pump Market by End Use Industry - Page IV 46
Water
Sewerage
393.0
589.8
Russia
Other Eastern Europe
13.3
26.5
19.6
39.8
Middle East
Africa
40.2
11.3
50.0
16.8
China
Japan
India
Pacific Rim
Other Far East
78.9
406.9
28.7
29.7
22.7
118.4
604.0
42.9
44.4
33.9
272.5
59.4
413.6
88.9
World Total
1383.2
2062.0
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 47
GENERAL INDUSTRY
General industry covers all pump applications outside the industries already
considered and, in most instances, demand in particular countries is closely
related to trends in population and GDP per capita, rather than the
availability of natural resources. However, there are two exceptions: mineral
mining/processing and pulp and paper, because the availability of natural
resources is clearly important in these instances.
Mineral Mining/Processing
Pulp & Paper
Food, Drink, Pharmaceuticals
Metal Manufacture
Marine
Building Services
Construction Dewatering
Other Industry (includes agriculture, coal mining, engineering & vehicles,
textiles, building materials, other manufacturing)
Domestic
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 48
The table on the next page shows that the largest markets are in the major
industrial countries. China, South Korea, India, Russia and Brazil also rank
high.
The World Market for Pumps - The Pump Market by End Use - Page IV 49
$ Million
2006
CAGR
2011/2006
WEST EUROPE
GERMANY
COUNTRY
$ Million
2006
CAGR
2011/2006
AFRICA/MID. EAST
754
1.8
TUNISIA
15
3.2
FRANCE
554
2.5
KUWAIT
17
12.6
ITALY
408
1.7
OMAN
10
6.6
UNITED KINGDOM
401
1.5
LIBYA
10
4.9
SPAIN
226
2.6
SYRIA
2.3
SWEDEN
182
1.8
IRAQ
4.4
NETHERLANDS
125
1.9
NIGERIA
12.2
BELGIUM
93
1.9
JORDAN
3.7
AUSTRIA
85
0.4
BAHREIN
8.6
SWITZERLAND
67
-1.2
QATAR
15.3
FINLAND
62
2.6
NORWAY
57
0.5
DENMARK
55
2.4
GREECE
44
2.7
CHINA
1773
-4.1
IRELAND
41
2.6
JAPAN
1403
1.8
PORTUGAL
26
3.2
KOREA - SOUTH
269
2.7
INDIA
262
8.0
AUSTRALIA
251
5.0
TAIWAN
126
3.1
EAST EUROPE
ASIA
RUSSIA
85
6.4
THAILAND
52
6.8
POLAND
87
4.0
HONG KONG
48
2.6
ROMANIA
34
9.5
SINGAPORE
37
1.3
HUNGARY
25
5.7
INDONESIA
31
6.7
CZECH REPUBLIC
10
12.2
NEW ZEALAND
27
0.1
BULGARIA
7.9
MALAYSIA
19
5.5
PHILIPPINES
-0.7
PAKISTAN
11
4.3
SRI LANKA
2.1
AFRICA/MID. EAST
SOUTH AFRICA
127
4.7
TURKEY
98
3.2
UNITED ARAB
63
5.6
IRAN
42
6.7
ALGERIA
34
2.3
UNITED STATES
2085
2.7
MOROCCO
31
4.5
BRAZIL
377
3.3
EGYPT
30
4.3
CANADA
285
2.5
SAUDI ARABIA
29
4.1
MEXICO
255
5.3
ISRAEL
27
6.7
ARGENTINA
46
4.9
COLOMBIA
23
4.9
VENEZUELA
18
11.9
AMERICA
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 50
Market Size, average 2006-2008, Mineral Processing etc., $ million 2003 prices
China
Other Asia
Latin America
USA/Canada
Africa
West Europe
Russia
India
Middle East
Other E. Europe
Pacific Rim
Japan
20
40
60
80
100
120
140
160
180
200
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 51
The chart below shows the importance of Other Asia (mainly Australia),
Latin America, Africa and US/Canada for increases in demand. Our
market change estimates are dependent on the scale of major new projects.
Minor revamps are not covered, so there is a tendency for underestimation
of market potential in West Europe, Japan and USA/Canada.
im
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A
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ic
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-40
th
er
A
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U
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La
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A
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a
-30
E.
Eu
ro
pe
-20
R
us
si
a
.E
-10
O
th
ur
op
e
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 52
Dewatering
Drainage
Gravel/dredge
Slurry
Jetting
Total
22.6
9.4
3.7
5.8
5.5
47.0
Russia
21.8
9.1
3.6
5.6
5.3
45.5
6.8
2.8
1.1
1.7
1.6
14.2
Middle East
13.2
5.6
2.1
3.4
3.3
27.9
Africa
37.6
15.8
6.3
9.6
9.1
78.4
China
83.0
34.6
13.8
21.3
20.2
173.0
Japan
1.1
0.5
0.2
0.3
0.3
2.3
India
16.4
6.8
2.7
4.2
4.0
34.1
Pacific Rim
2.0
0.9
0.3
0.6
0.6
4.6
58.1
24.3
9.7
14.9
14.1
121.2
46.1
19.2
7.7
11.8
11.2
96.0
Other America
52.3
21.8
8.7
13.3
12.7
108.9
World Total
361.0
150.7
60.0
92.4
88.0
753.0
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 53
Although markets for pulp are predominantly in world regions where natural
resources are concentrated, i.e. Scandinavia, USA/Canada, demand for pumps
for paper production is spread across all industrialised countries. This is
reflected in the chart below, which shows average market size 2006-2008.
Market Size, average 2006-2008, Pulp & Paper, $ million 2003 prices
West Europe
USA/Canada
Japan
China
Latin America
Pacific Rim
India
Other E. Europe
Africa
Other Asia
Middle East
Russia
50
100
150
200
250
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 54
The chart below shows that Latin America, USA/Canada, West Europe, and
Japan are the largest growth areas.
A
m
er
ic
a
S/
C
an
ad
a
si
a
im
R
O
th
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Pa
ci
fic
Ja
pa
n
In
di
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na
C
hi
Ea
st
id
M
E.
A
fr
ic
a
op
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Eu
r
us
si
a
-30
La
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-20
-10
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ur
op
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The World Market for Pumps - The Pump Market by End Use Industry - Page IV 55
Metering/
dosing
Liquor
Stock
Special
purpose
Utility
Total
8.8
90.4
48.4
35.2
37.5
220.4
Russia
0.2
2.5
1.3
1.0
1.0
6.0
0.9
10.0
5.4
3.9
4.2
24.4
Middle East
0.2
2.9
1.5
1.0
1.1
7.2
Africa
0.5
6.8
3.6
2.5
2.8
16.6
China
3.8
38.8
20.8
15.1
16.1
94.5
Japan
4.4
44.9
24.1
17.5
18.6
109.3
India
1.0
10.7
5.7
4.2
4.4
26.0
Pacific Rim
1.1
11.7
6.2
4.5
4.9
28.6
0.5
4.5
2.4
1.7
1.9
11.1
5.3
53.5
28.7
20.8
22.2
130.5
Other America
2.3
23.8
12.8
9.3
9.8
58.0
World Total
29.0
300.4
160.8
116.8
124.6
732.5
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 56
Demand is divided between hygienic and other pumps. The total value of
hygienic pumps used by food, drink and pharmaceuticals is estimated at around
$460 million, of which hygienic rotary lobe is the most important pump type,
with a world market of around $150 million (exc. parts). The breakdown
between hygienic and other pumps is given on Page IV 58. West Europe is
shown to be a much larger market that USA/Canada. Although the West
European population is larger, the main explanation is that food processing is
carried out in much larger plants in North America where there are major
economies of scale.
Market Size, average 2006-2008, Food, Drink and Pharmaceuticals, $ million 2003 prices
West Europe
China
USA/Canada
Japan
Latin America
Pacific Rim
Middle East
Other E. Europe
Other Asia
India
Africa
Russia
50
100
150
200
250
300
350
400
450
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 57
im
th
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A
si
a
U
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La
a
tin
A
m
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ic
a
ci
fic
Pa
Ja
pa
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In
di
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C
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Ea
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M
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R
us
si
a
E.
E
-20
O
th
W
.E
ur
-10
op
e
-30
-40
-50
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 58
Pharmaceuticalhygienic
Pharmaceuticalother
48.8
58.7
19.6
0.0
0.0
1.6
0.5
9.0
3.4
2.3
0.8
0.2
8.4
12.9
9.4
6.3
4.0
1.4
Africa
2.7
4.1
3.5
2.4
0.7
0.2
China
47.0
70.4
29.8
19.9
35.7
11.9
Japan
20.1
30.2
24.4
16.2
15.8
5.3
India
3.5
5.2
4.7
3.1
6.6
2.2
Pacific Rim
14.5
21.7
6.2
4.1
12.6
4.3
5.7
8.3
3.8
2.4
0.4
0.1
33.1
49.7
31.2
20.9
51.4
17.2
Other America
10.4
15.6
19.6
13.0
1.9
0.6
World Total
261.7
392.8
209.3
139.4
190.2
63.6
Food-hygienic
Food-other
Drinkhygienic
107.3
161.1
73.1
Russia
3.0
4.5
6.0
Middle East
Drink-other
N.B. Data for drink is included with food in the cases of Russia and China
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 59
Metal Manufacturing
China
West Europe
Japan
USA/Canada
Latin America
India
Pacific Rim
Other Asia
Middle East
Other E. Europe
Africa
Russia
50
100
150
200
250
300
350
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 60
Pa
ci
fic
Ja
pa
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In
di
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M
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Eu
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a
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O
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A
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-40
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.E
ur
-20
op
-60
-80
-100
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 61
Descaling
Mill Scale,
Flushing
Circulating
water
Water
treatment
Special
purpose
Utility
Total
55.5
18.6
18.6
18.6
73.9
184.8
Russia
0.8
0.3
0.3
0.3
1.1
2.7
3.9
1.3
1.3
1.3
5.2
13.2
Middle East
5.2
1.8
1.8
1.8
6.8
16.9
Africa
3.1
1.0
1.0
1.0
4.1
10.1
China
91.1
30.4
30.4
30.4
121.5
303.8
Japan
31.8
10.6
10.6
10.6
42.3
105.9
India
16.3
5.5
5.5
5.5
21.7
54.4
Pacific Rim
9.4
3.1
3.1
3.1
12.4
30.9
6.1
2.1
2.1
2.1
8.2
20.5
22.5
7.5
7.5
7.5
30.0
75.1
Other America
22.5
7.5
7.5
7.5
30.0
74.9
World Total
268.4
89.7
89.7
89.7
357.2
893.2
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 62
Marine
Marine is divided into ship production and repair and harbours, docks and
canals. Requirements by world region and application are tabulated on Page
IV 64 below.
Market size depends mainly on the production of civil and naval vessels (in
Europe, Japan and USA/Canada) and commercial ships (concentrated in
South Korea, Japan and, most recently, China). China is developing rapidly
for both civil and naval work.
West Europe
China
Pacific Rim
USA/Canada
Japan
Latin America
Middle East
India
Africa
Other E. Europe
Russia
Other Asia
10
20
30
40
50
60
70
80
90
100
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 63
The chart below shows significant growth in China and Pacific Rim. Growth
in the Pacific Rim reflects continued expansion of capacity in South Korea,
which, in 2005, overtook Japan in civil shipbuilding capacity.
Ja
pa
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R
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In
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The World Market for Pumps - The Pump Market by End Use Industry - Page IV 64
Propulsion
Bilge
Ballast
Fire
fighting
Other ship
13.2
28.2
14.1
19.3
5.0
15.3
Russia
0.8
1.7
0.8
1.2
0.3
0.9
1.2
2.5
1.2
1.7
0.5
1.3
Middle East
2.4
5.2
2.7
3.5
0.9
2.7
Africa
2.3
4.9
2.3
3.3
0.8
3.0
China
13.2
28.4
14.2
19.3
4.8
14.1
Japan
5.2
11.3
5.7
7.7
1.9
6.1
India
2.3
4.9
2.4
3.3
0.8
3.0
Pacific Rim
7.2
15.7
7.9
10.6
2.6
7.6
0.6
1.3
0.6
0.9
0.2
0.8
6.3
13.5
6.8
9.2
2.3
7.1
Other America
2.5
5.4
2.7
3.8
0.9
2.9
World Total
57.0
123.0
61.4
83.7
21.0
64.9
Harbours/
docks/
canals
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 65
Building Services
The largest markets are in West Europe, Japan and USA/Canada. These
three world regions are also the most important in terms of the change in
market size.
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 66
West Europe
USA/Canada
Japan
China
Latin America
Pacific Rim
Middle East
Africa
Other Asia
Other E. Europe
India
Russia
50
100
150
200
250
300
350
400
450
S/
C
er
ic
a
A
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a
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U
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R
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Ja
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In
di
a
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C
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Pa
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Ea
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fr
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A
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Eu
E.
th
-60
La
tin
-40
.E
-20
R
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The World Market for Pumps - The Pump Market by End Use Industry - Page IV 67
Construction Dewatering
West Europe
USA/Canada
Japan
China
Latin America
Pacific Rim
Middle East
Africa
Other Asia
India
Other E. Europe
Russia
50
100
150
200
250
300
350
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 68
The chart below shows the forecast change in market size for the period
2006-2011. West Europe, Japan and USA/Canada are the only significant
growth areas, and, USA/Canada apart, this is not large in absolute terms.
R
im
O
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In
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Ea
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a
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E.
Eu
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-40
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 69
Domestic Pumps
West Europe
USA/Canada
Japan
China
Middle East
Latin America
Pacific Rim
Other Asia
India
Africa
Other E. Europe
Russia
100
200
300
400
500
600
700
800
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 70
The chart below shows the change in market size 2006-2011. Demand
growth is related to general trends in economic activity.
ic
a
La
tin
m
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C
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ad
S/
th
e
fic
ci
Pa
rA
si
R
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M
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ia
E.
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O
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o
pe
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 71
Other Industries
USA/Canada
West Europe
China
Japan
Pacific Rim
Latin America
Middle East
India
Africa
Other E. Europe
Other Asia
Russia
100
200
300
400
500
600
700
800
900
1000
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 72
The chart below shows the change in market size 2006-2011. This
shows that growth by world area is reflected by market size shown on
the previous page.
100
50
-100
-150
ic
a
da
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Ea
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E.
A
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R
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op
The World Market for Pumps - The Pump Market by End Use Industry - Page IV 73
Heating/vent.
Industrial
Heating/vent.
Domestic
Construction
dewatering
Other industry
403.8
700.9
289.8
834.7
5.5
5.2
3.9
7.0
22.4
17.6
16.2
36.2
Middle East
43.0
74.3
30.0
73.2
Africa
36.1
20.1
26.1
45.5
China
137.2
76.9
129.3
433.3
Japan
266.6
337.1
184.8
273.4
India
21.8
31.8
17.2
56.8
Pacific Rim
85.5
60.2
61.4
223.4
27.0
48.1
19.4
30.9
347.1
370.3
255.5
917.1
Other America
95.2
63.5
69.2
199.2
1491.1
1806.0
1102.8
3130.7
Russia
World Total