Global Fluid Treatment Market 2015-2019
About Global Fluid Treatment market
The Global Fluid Treatment market is growing steadily and is driven by various industrial segment. Many manufacturing industries worldwide, which comes under the Industrial segment, need fluid treatment equipment and consumables to control and manage the flow of water and air in their manufacturing plants. Thus, the Global Fluid Treatment market includes equipment and consumables for water as well as air treatment in industries. The market receives a large part of its revenue through the sales of pumps and valves.TechNavio's analysts forecast the Global Fluid Treatment market will grow at a CAGR of 5.04 percent over the period 2014-2019.
Covered in this Report
TechNavio's report, the Global Fluid Treatment market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the global region; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.Key Vendors
TechNavio Announces the Publication of its Research Report – Global Fluid Treatment Market 2015-2019
TechNavio recognizes the following companies as the key players in the Global Fluid Treatment Market: Ecolab, Inc., Flowserve Corp., GE and ITT Corp.
Other Prominent Vendors in the market are: Alstom, Ashland, Babcock & Wilcox, BASF, Clarcor, Donaldson, Dow, Emerson, Grundfos, KSB, Schlumberger, Siemens and Weir Group.
Commenting on the report, an analyst from TechNavio’s team said: “The development of end-to-end products is a major trend in this market. Many end-users in the Global Fluid Treatment market prefer end-to-end products that offer improved total cost of ownership compared to stand-alone fluid treatment products.”
According to the report, one of the major driving factors in this market is increased demand for fluid treatment devices from process industries, which are emerging in developing countries. Growing urbanization in these countries is leading to the emergence of many process industries, which enhances the demand for fluid treatment products and components. Consequently, the demand for liquid filtration equipment and consumables is growing rapidly every year in developing countries.
Further, the report states that increased price wars among vendors constitute one of the major challenges in the market. Many vendors in this market resort to low pricing strategies to expand their shares in the market, leading to intense price wars.
Ecolab, Inc. , Flowserve Corp., GE, ITT Corp., Alstom, Ashland , Babcock & Wilcox, BASF, Clarcor, Donaldson, Dow, Emerson, Grundfos, KSB, Schlumberger , Siemens, Weir Group
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