Industrial Valve Revenues to Reach $56 Billion in 2012
Worldwide revenues for industrial valves are slated to rise to $56 billion in
2012, up from $47 billion in 2008. The automatic regulatory and control segment
is the largest, according to the McIlvaine Company in its continually updated
online report, Industrial Valves World Markets. The automatic regulatory and
control revenues will reach $13.6 billion in 2012. The U.S. will remain the top
purchaser, but China will be close behind.
2012 Automatic Regulatory and Control Valve Revenues ($ millions): Top 10
purchasers
Country 2012
United States 2,513.57
China 2,341.46
Japan 757.79
Germany 527.05
Russia 518.55
Brazil 503.82
Canada 430.66
South Korea 349.71
United Kingdom 341.01
France 330.16
Industrial valve sales will be lower in advanced countries in 2009 than they
were in 2008. In the developing countries growth will be modest. However, sales
will increase substantially in the 2010-2012 period due to infrastructure growth
in Asia, investments in renewable energies and biofuels, conversion of coal to
liquids, population growth, urbanization in developing countries, and other
factors.
The construction of new municipal wastewater treatment plants in Asia and
desalination investment in many countries will help boost the market.
The forecasts are based on the assignment of specific odds for important events.
Here are some of them:
Event description Period Odds for Odds against
Asterioid collision 2009-20 1 20 million
Global warming catastrophe 2009-20 1 20 millon
Oil price drops below
$40 /barrel 2009 1 100
Oil price is $100/barrel 2020 1 1
Oil price is $200/barrel 2030 1 1
China GDP increase of 8.5% 2009 1 1
U.S. GDP increase of minus 0.5% 2009 1 1
World GDP increase of 2.2% 2009 1 1
World population grows at 1.17% 2009 1 1
For more information on Industrial Valves: World Markets, click on: http://www.mcilvainecompany.com/brochures/water.html#n028.
Bob McIlvaine
847/784-0012
rmcilvaine@mcilvainecompany.com
www.mcilvainecompany.com