General Industry News

Pumping up the Market



The world industrial pump market totaled $29 million in 2006 and is expected to grow to $37 billion by 2011 according to reports from the McIlvaine Company.

Outside China, the market for the large limestone slurry pumps is served primarily by Weir, KSB, and Duechting. However, the demand in China in 2006 was much larger than the rest of the world combined. Demand exceeded the capacity of the international companies and was served by domestic pump companies.

According to the report, the top 10 companies accounted for 50 percent of the total pump sales in 2006. The company ranked 457 pump companies. The top 10 are listed in the graph at right.

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