The industrial pump market is huge. Value of sales for these kinds of pumps should reach $32.5 billion in 2009, which is about the same as sales in 2008. For 2010, researchers at the McIlvaine Company are forecasting sales growth of 2.5 percent, worldwide.  

McIlvaine has recently completed a report on industrial pumps; it’s called: “Pumps World Markets.” The report contains forecasts for 80 countries. Pump applications are profiled for each country with forecasts covering the next 5 years. Forecasts for the following pump types are supplied in each application: 

* Rotary

* Reciprocating

* Diaphragm

* Centrifugal

Pump sales will grow in the following industry sectors say McIlvaine analysts:

Flood Control, up 2%

Food, up 4%

Pharmaceutical, up 1%

Power, up 7%

Wastewater (municipal), up 2.5%

Water (municipal), up 2%

The report notes that “Stimulus initiatives directed to infrastructure are going to have a positive effect, but not in 2009. Increased investment in municipal wastewater treatment facilities in the U.S., China, and other countries will be reflected in higher revenues starting in 2010. Some of the major markets such as municipal wastewater and drinking water are not sensitive to near-term economic conditions.”

In the report summary, McIlvaine analysts write: “These forecasts are subject to continuing adjustment. General markets are more volatile and less predictable than at any time since McIlvaine started forecasting in 1974. Until 2000, McIlvaine market reports were printed. Revenue forecasts were adjusted yearly. Now that these reports are online, they are adjusted as needed. In these volatile times quarterly revisions are both needed and supplied.”

For more information on “Pumps World Markets,” click on: http://www.mcilvainecompany.com/brochures/water.html#N019