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Strategic Outlook of Global Pumps Market, 2017

North America and Asia-Pacific on Brink of Technological Advancement with Big Gains for Suppliers in the Water & Wastewater and Chemicals Segments

  • Research Code : K162-01-00-00-00
  • SKU : IA01379-NA-MO_19924
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  • Release Date : 18-Apr-2017
  • Region : North America
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This research service covers the global opportunities in 2017 for pumps companies in the top 3 end-user industry segments (water and wastewater, food and beverages, and construction). It offers regional analysis of how economic factors will impact the market. Opportunities in all end-user industry applications for pump manufacturers are highlighted, including: oil and gas (upstream, midstream, and downstream); power generation; chemicals and petrochemicals; water and wastewater; construction/cement; food and beverages; metals and mining; and pharmaceuticals. Global economic changes and the impact on end-user industry trends and aftermarket services are detailed as well.

The study outlines the latest trends in terms of industry, economy, and technology across the top 3 industry segments for centrifugal and positive displacement (PD) pumps across the globe. Geographic segmentation is divided by North America, Latin America, Europe, Asia-Pacific, and Middle East and Africa. The study period is 2016–2017. The study concludes with a competitive analysis of top pump participants and elaborates on their strengths and weaknesses for 2017.

Top Predictions for 2017:
• Oil Price Rally Likely Running Out of Steam: According to the international benchmark, Brent crude is expected to settle at less than $55 on account of bearish sentiments from speculators, which indicates rising possibilities that the oil rally, indeed, could be running out of steam.
• End-User Impact: Coupled with a warm winter and increasing demand for gasoline, US refineries are operating at their highest capacity utilization driving up growth opportunities for pumps across the globe. Rising investments in biotechnology for wastewater treatment along with booming fracking activities in the United States are pushing up demand for PD pumps.
• Consolidation Market on Overdrive: Hectic global competition is driving the global pumps market to consolidation, exemplified by a string of mergers and acquisitions in
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