Coal and Gas Valve Markets to Exceed $20 Billion By 2019
Two of the largest industries purchasing valves are coal-fired power generation
and oil & gas production. Due to the Chinese decision to manufacture large
quantities of gas from coal, the combined market is going to exceed $20 billion
by 2019. This is the latest forecast in McIlvaine
Industrial Valves: World Market. (www.mcilvainecompany.com)
Oil and gas valve revenues are forecast to grow by nearly $3 billion over the
next five years to $12.7 billion in 2019.
Oil and Gas Valve Revenues ($ Millions)
Continent |
2014 |
2019 |
Total |
9,907
|
12,734
|
Africa |
1,564
|
2,200 |
America |
2,951
|
3,573
|
Asia |
3,608
|
4,780
|
Europe |
1,784
|
2,181 |
Power plant valve revenues are projected to rise by $2.1 billion in the next
five years to $9.6 billion in 2019.
Power Plant Valve Revenues ($ Millions)
Continent |
2014 |
2019 |
Total |
7,507
|
9,630
|
Africa |
206
|
286
|
America |
1,430
|
1,420
|
Asia |
4,494
|
6,440
|
Europe |
1,377
|
1,484
|
This forecast will continue to be modified as factors change. The biggest
question is whether China can actually build the huge infrastructure to convert
coal-to-gas in the west and north parts of the country and then transport it
thousands of miles to the eastern cities.
The latest forecasts from the analysts reflect large imports of Russian gas to
China as well as substantial import of LNG.
Gas Use In China in 2025
(bcm) |
||
Source |
Industry Forecast |
McIlvaine Forecast |
Conventional extraction |
100 |
100 |
Shale gas extraction |
60 |
50 |
Pipeline imports |
70 |
50 |
LNG Imports |
80 |
40 |
Coal-to-gas including CBM and
UCG |
80 |
200 |
Total |
390 |
440 |
McIlvaine has adjusted these forecasts to estimate the 2025 gas use based on the
announced 40 coal-to-gas projects. These projects will supply 200 bcm/yr of gas
if they all proceed. The present U.S. shale gas production is 300 bcm. So
the Chinese initiative will be equal to two-thirds of the present U.S. shale gas
production. This will make a major impact on the world energy supply.
Millions of valves will be needed for the 40 Chinese coal-to-gas plants. A
small number of these valves have already been ordered, but the purchase
activity will be increasing over the next several years. By 2019,
purchases for these plants should be reaching a peak.
For more information
on Industrial Valves: World Market, click on:
http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/115-n028
Flow Control and Treatment Sales in the World’s Semiconductor Industry Will
Increase To Over $6.5 Billion In 2015
The semiconductor industry has rebounded and will increase its purchases of flow
control and treatment equipment for air, water and other liquids and gases to
over $6.5 billion in 2015. These forecasts were calculated by McIlvaine
Company through aggregation of revenues in a number of McIlvaine market reports.
(www.mcilvainecompany.com)
Semiconductor Flow and Treatment
Revenues 2015 |
|
Segment |
$ Millions |
Cleanroom Hardware |
660
|
Cleanroom Consumables |
2,400 |
Air and Water Monitoring |
170 |
Air Pollution Control Equipment |
300 |
Ultrapure Water Systems |
1,200 |
Valves |
460 |
Pumps |
130 |
Water Treatment Chemicals |
410 |
Liquid Macrofiltration |
40 |
Liquid Cartridges |
460 |
Cross-Flow Membrane Systems and
Replacement Modules |
230 |
Sedimentation and Centrifugation |
50 |
Total Flow Control and Treatment |
6,510 |
The biggest expenditures will be for cleanroom consumables. These include
masks and clothing which prevent people from contaminating the air in the chip
manufacturing space. The ultrapure water systems ensure that the water washing
the chips after each step will not contaminate the sub-micron lines etched in
the silicon wafers.
Substantial expenditures are needed to purify the water used in the systems.
Pumps and valves are specially designed to maintain water and fluid purity.
SEMI, the global industry association for companies that supply manufacturing
technology and materials to the world’s chip makers, is forecasting strong
growth in 2014 and 2015. Following two years of spending declines, key
drivers for equipment spending are investments by foundry and logic fabs for
sub-20-nm technology, NAND flash makers for leading edge technology (including
3D NAND) and capacity, DRAM technology upgrades for mobile applications and
expansion of advanced packaging capacity for flip chip, wafer bumping and
wafer-level packaging. All regions of the world are projected to see equipment
spending increases in 2015. Front-end wafer processing equipment is
forecast to grow 11.9 percent in 2015 to $34.8 billion, up from $31.1 billion in
2014. The forecast indicates that next year is on track to be the second largest
spending year ever, surpassed only by $47.7 billion spent in 2000.
Growth is forecast in all regions except ROW in 2014 and all regions in 2015.
Taiwan is forecast to continue to be the world’s largest spender with $11.6
billion estimated for 2014 and $12.3 billion for 2015. In 2014, North America is
second at $7.2 billion, followed by South Korea at $6.9 billion. For 2015,
South Korea is in second place ($8.0 billion) in spending, followed by North
America ($7.3 billion).
In 2014, year-over-year increases are expected to be largest for China (47.3
percent), North America (35.7 percent), South Korea (33.percent) and Europe
(29.7 percent). Year-over-year percentage increases for 2015 are largest for
Europe (47.8 percent increase), ROW (23.5 percent), Japan (15.6 percent) and
South Korea (15.0 percent).
For more information, click on:
N064 Air/Gas/Water/Fluid Treatment and Control: World Market
N024 Cartridge Filters: World Market
N006 Liquid Filtration and Media World Markets
N005 Sedimentation and Centrifugation World Markets
N029 Ultrapure Water: World Market
N028 Industrial Valves: World Market
N026 Water and Wastewater Treatment Chemicals: World Market
Headlines for Utility E-Alert – August 8, 2014
UTILITY E-ALERT
#1186 – August 8, 2014
Table of Contents
COAL – US
COAL - WORLD
GAS/OIL - US
GAS/OIL – WORLD
NUCLEAR
BUSINESS
HOT TOPIC HOUR
For more information on the Utility Tracking System, click on:
http://home.mcilvainecompany.com/index.php/databases/2-uncategorised/89-42ei
McIlvaine Hot Topic Hour Registration
On Thursday at 10:00 a.m. Central time, McIlvaine
hosts a 90 minute web meeting on important energy and pollution control
subjects. Power webinars are free for subscribers to either
Power Plant Air Quality Decisions or Utility Tracking System. The
cost is $300.00
for non-subscribers.
See below for information on upcoming Hot Topic Hours. We welcome your input
relative to suggested additions.
DATE |
SUBJECT |
|
|
||
|
August |
||||
|
21 |
MEGA Symposium |
|||
|
28 |
Demineralization and
Degasification |
|||
|
September |
||||
|
4 |
Hot Gas Filtration |
|||
|
11 |
Power Plant Pumps |
|||
|
18 |
Power Water Monitoring |
|||
|
25 |
Power Plant Water Treatment
Chemicals |
|||
Click
here for the
Subscriber
and Power Plant
Owner/Operator
Registration Form
Click
here for the
Non-Subscribers
Registration Form
Click
here for the Free
Hot Topic Hour Registration
Form
----------
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Bob McIlvaine
President
847-784-0012 ext 112
rmcilvaine@mcilvainecompany.com