- The key vendors in the Global Fluid Treatment Market 2015-2019 are Ecolab, Inc., Flowserve Corp., GE and ITT Corp.
London, 07 January 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Fluid Treatment Market 2015-2019. 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. The market is expected to grow at a CAGR of 5.04 percent during the forecast period during the period of 2014-2019.
The Global Fluid Treatment market is driven by the demand for fluid treatment products from several process industries such as the water management, paper and pulp, oil and gas, energy, petrochemicals, and power industries. These industries use pumps, valves, and other equipment in their routine operational cycle. At present, process industries are growing rapidly worldwide and at a faster rate in developing countries than in developed countries, thus leading to higher demand for fluid treatment equipment and consumables from developing countries.
“Industrial valve vendors are developing next-generation valves with additional capabilities to establish their presence in this highly fragmented market,” says Faisal Ghaus, Vice President of TechNavio Research.
“These next-generation valves deliver 60 percent higher flow rates, offer longer life, and have several other features such as improved temperature ranges and pressure-handling abilities compared to other valves.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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