Global Pump Trends—The Chemical Industry
World Economy—Brief Snapshot
World economy saw a humble growth rate of % in 2013.
Japan finally managed to tackle its 10-year long deflation.
The economic situation in Europe started to look better with the GDP* scene showing signs of improvement.
Inflation rates for most developing economies in South Asia and Africa remained under %.
Export numbers and world trade declined as a result of stalled growth in developing countries.
On a positive note, the average growth rates for middle-income countries continue to be the highest; least developed countries (LDCs) are also expected to experience positive growth.
About this report
This research service covers the global opportunities for pumps in the chemical industry. It provides regional analyses of how the economic factors will impact the market and also the growth propellers that the pump industry could experience in the concerned fiscal year. Opportunities that shale gas in North America poses for pumps companies are explained; growth opportunities for pumps have also been highlighted. In addition, the study details the government initiatives being taken up in key countries like Brazil, India, China, and Russia and the factors that drive new developments in the chemical industry which, in turn, favor the pumps industry. The study concludes by comparing growth of sales across geographies.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook