The US market for fluid handling pumps will reach $8.5 billion in 2010. Gains will be supported by an improved outlook for many pump-using industries, continued healthy aftermarket prospects, and the introduction of new and better performing pumps. Process manufacturing will remain the largest market while the utilities segment will see the fastest growth.

This study analyzes the US pump industry, presenting historical demand data (1995, 2000 and 2005) and forecasts to 2010 and 2015 by product (e.g., single-stage centrifugal, submersible centrifugal, sealless multistage, axial and mixed flow multistage, rotary, reciprocating, diaphragm, turbine, oilfield, domestic water system, sump); and by market.

The study also considers market environment indicators, evaluates company market share and profiles 35 major industry players including ITT, Flowserve, Pentair, IDEX, United Technologies, Sulzer, and Gorman-Rupp.

                           TABLE OF CONTENTS
                                    
  
  SECTION                                                          PAGE
  
         INTRODUCTION                                                xi
  
   I.    EXECUTIVE SUMMARY                                            1
  
  II.    MARKET ENVIRONMENT                                           4
         General                                                      4
         Macroeconomic Overview                                       5
           Cyclical Trends                                            5
           Long Term Trends                                           9
         Manufacturing Outlook                                       11
         Nonresidential Fixed Investment Outlook                     13
         Utilities Construction Outlook                              15
           Water Works                                               17
           Electric Power                                            18
           Natural Gas & Other                                       19
         Resource Extraction Industries Outlook                      20
         Historical Market Trends                                    22
         Pricing Trends                                              25
         Technological Trends                                        28
           Materials                                                 28
           Product Design                                            30
           New Pump Styles                                           31
         Regulatory Issues                                           31
         World Pump Outlook                                          35
           Demand                                                    36
           Production                                                38
         Foreign Trade                                               40
           Imports                                                   41
           Exports                                                   44
  
 III.    PRODUCTS                                                    47
         General                                                     47
         Centrifugal                                                 50
           Single-Stage                                              54
           Submersible                                               56
           Other Types                                               58
              Multi-Stage                                            60
              Sealless                                               61
              Axial & Mixed Flow                                     63
              All Others                                             63
         Positive Displacement                                       64
           Rotary                                                    66
           Reciprocating                                             69
           Diaphragm                                                 72
         Turbine                                                     74
         Oilfield                                                    76
         Other Specialty Pumps                                       80
           Domestic Water System Pumps                               81
           Sump Pumps                                                82
           All Others                                                83
         Pump Drivers, Accessories & Parts                           84
           Accessories & Parts                                       85
           Drivers                                                   88
  
  IV.    MARKETS                                                     92
         General                                                     92
         Process Manufacturers                                       96
           Chemicals                                                 99
              Chemical Industry Overview                            100
              Pump Demand                                           103
           Pulp & Paper                                             107
              Pulp & Paper Industry Overview                        107
              Pump Demand                                           110
           Petroleum Refining                                       113
              Petroleum Refining Industry Overview                  113
              Pump Demand                                           115
           Food & Beverages                                         118
              Food & Beverage Industry Overview                     118
              Pump Demand                                           120
           Primary Metals                                           123
              Primary Metal Industry Overview                       123
              Pump Demand                                           124
           Other Process Manufacturers                              126
         Utilities                                                  128
           Water & Sanitation Services                              130
              Water & Sanitation Service Industry Overview          130
              Pump Demand                                           134
           Electric & Gas Utilities                                 137
              Electric & Gas Utility Industry Overview              138
              Pump Demand                                           141
         Resource Extraction Industries                             145
           Crude Petroleum & Natural Gas                            146
              Crude Petroleum & Natural Gas Industry Overview       147
              Pump Demand                                           151
           Mining & Other                                           154
              Mining Industry Overview                              154
              Pump Demand                                           155
         Construction                                               157
           Construction Industry Overview                           158
           Pump Demand                                              160
         Other                                                      162
           Discrete Parts Manufacturers                             163
           Government                                               164
           All Other                                                165
  
   V.    INDUSTRY STRUCTURE                                         166
         General                                                    166
         Market Share                                               169
         Mergers, Acquisitions & Industry Restructuring             175
         Regional Manufacturing Concentration                       179
         Product Development & Manufacturing                        186
         Marketing & Distribution                                   190
         Financial Issues                                           192
         Cooperative Agreements                                     196
         Company Profiles                                           199
           A-C Pumps, see ITT Industries Incorporated                  
           ABS Pumps Incorporated, see Cardo AB                        
           Aermotor Pumps Incorporated, see Pentair Incorporated       
           Alfa Laval AB                                            200
           Almatec GmbH, see Dover Corporation                         
           APV Baker, see Invensys plc                                 
           Aurora Pump, see Pentair Incorporated
           Baker Hughes Incorporated                                202
           Bell & Gossett, see ITT Industries Incorporated             
           Bently Nevada, see General Electric Company                 
           Blackmer Company, see Dover Corporation                     
           Bran + Luebbe GmbH, see SPX Corporation                     
           Brown (David) Union Pumps, see Textron Incorporated         
           Cardo AB                                                 205
           Centrilift, see Baker Hughes Incorporated                   
           CH&E Pumps, see Cardo AB                                    
           Colfax Corporation                                       208
           Corken Incorporated, see IDEX Corporation                   
           Crane Company                                            211
           Danaher Corporation                                      214
           Dover Corporation                                        215
           Ebara Corporation                                        217
           Fairbanks Morse Pump Company, see Pentair                   
           FARADYNE Motors, see ITT Industries and Pentair             
           FE Myers Company, see Pentair Incorporated                  
           Flo-Pak, see Gorman-Rupp Company                            
           Flojet Corporation, see ITT Industries Incorporated         
           Flowserve Corporation                                    220
           Flowtronex PSI Incorporated, see ITT Industries             
           Franklin Electric Company Incorporated                   224
           Gardner Denver Incorporated                              226
           Gasboy International Incorporated, see Danaher              
           Gast Manufacturing Incorporated, see IDEX                   
           GE Osmonics Incorporated, see General Electric              
           General Electric Company                                 229
           Gilbarco Veeder-Root, see Danaher Corporation               
           GIW Industries Incorporated, see KSB AG                     
           Gorman-Rupp Company                                      232
           Goulds Pumps Incorporated, see ITT Industries               
           Graco Incorporated                                       235
           Grundfos A/S                                             237
           Hale Products Incorporated, see IDEX Corporation            
           Hamilton Sundstrand, see United Technologies
           Hartell Pumps Company, see United Technologies
           Haskel International, see United Technologies
           Hoffman Specialty Manufacturing, see ITT Industries
           Hydro-Aire Corporation, see Crane Company                   
           HydroAir, see ITT Industries Incorporated                   
           Hydromatic Pump Company, see Pentair Incorporated           
           Hypro Corporation, see Pentair Incorporated                 
           IDEX Corporation                                         240
           Illinois Tool Works Incorporated                         246
           IMO Pump, see Colfax Corporation                            
           Ingersoll-Rand Company Limited                           248
           Invensys plc                                             250
           IR ARO Corporation, see Ingersoll-Rand Company
           ITT Industries Incorporated                              252
           ITW Binks, see Illinois Tool Works Incorporated             
           Jabsco, see ITT Industries Incorporated                     
           JBD Incorporated, see Franklin Electric Company             
           Knight Equipment Incorporated, see IDEX Corporation         
           KSB AG                                                   259
           Lear Romec, see Crane Company                               
           Lewis Pumps, see Weir Group plc                             
           LIGHTNIN, see SPX Corporation                               
           Liquid Controls Corporation, see IDEX Corporation           
           Liquid Metronics Incorporated, see United Technologies 
           Little Giant Pump Company, see Tecumseh Products            
           Maag Pump Systems Textron AG, see Textron
           Marlow Pumps Incorporated, see ITT Industries
           Micropump Incorporated, see IDEX Corporation                
           Milton Roy Company, see United Technologies                 
           Moyno Incorporated, see Robbins & Myers Incorporated        
           MP Pumps Incorporated, see Tecumseh Products                
           Nuovo Pignone SpA, see General Electric Company             
           Oberdorfer Pumps Corporation, see Gardner Denver
           Patterson Pump Company, see Gorman-Rupp Company             
           PBL Industries Incorporated, see Graco Incorporated         
           Pentair Incorporated                                     263
           Phelps (Ellis K.) & Company, see ITT Industries             
           Pioneer Pump Incorporated, see Franklin Electric
           Plenty Mirrlees Pumps, see SPX Corporation                  
           Pompe Gabbioneta SpA, see Weir Group plc                    
           Process Systems Incorporated, see Crane Company             
           Pulsafeeder Incorporated, see IDEX Corporation              
           Pumpex AB, see Cardo AB                                     
           Putzmeister Group                                        270
           R&M Energy Systems Incorporated, see Robbins & Myers
           Red Jacket Pumps, see Danaher Corporation                   
           Rietschle Thomas Incorporated, see Gardner Denver
           Robbins & Myers Incorporated                             272
           Rule Industries Incorporated, see ITT Industries
           Schlumberger Limited                                     274
           Schwing GmbH                                             276
           Scivex Incorporated, see IDEX Corporation                   
           SHURflo Pump Manufacturing Company, see Pentair
           Spirax-Sarco Engineering plc                             277
           SPX Corporation                                          279
           Sta-Rite Industries Incorporated, see Pentair               
           Sterling Fluid Systems BV                                281
           Sulzer Limited                                           283
           Sundyne Corporation, see United Technologies
           Tarby Incorporated, see Robbins & Myers Incorporated        
           Tecumseh Products Company                                285
           Textron Incorporated                                     288
           Thomas Industries Incorporated, see Gardner Denver
           Trebor International Incorporated, see IDEX                 
           Tuthill Corporation                                      291
           United Technologies Corporation                          293
           Versa-Matic Pump Company, see IDEX Corporation              
           Viking Pump Incorporated, see IDEX Corporation              
           Warren Pumps Incorporated, see Colfax Corporation           
           Warren Rupp Incorporated, see IDEX Corporation              
           Water Ace Pump Company, see Pentair Incorporated            
           Watson-Marlow Bredel Pumps Limited, see Spirax-Sarco 
           Waukesha Cherry-Burrell, see SPX Corporation                
           Weir Group plc                                           297
           Welch Rietschle Thomas, see Gardner Denver
           WICOR Industries Incorporated, see Pentair Incorporated
           Wilden Pump & Engineering, see Dover Corporation            
           Williams Instrument Company, see United Technologies
           Wright Pump Incorporated, see IDEX Corporation              
           Zenith Pumps, see Colfax Corporation                        
         Other Pump Companies                                       301
  
    

                            LIST OF TABLES
                                   
    TABLE NUMBER                                                   PAGE
  
         SECTION I -- EXECUTIVE SUMMARY
         Summary Table                                                3
  
         SECTION II -- MARKET ENVIRONMENT
    1    Macroeconomic Environment                                    9
    2    Manufacturers  Shipments                                    13
    3    Nonresidential Fixed Investment                             15
    4    Utilities Construction Expenditures                         17
    5    Production by Resource Extraction Industries                22
    6    Fluid Handling Pump Market Volatility, 1995-2005            24
    7    Fluid Handling Pump Price Deflators                         27
    8    World Pump Demand                                           38
    9    US Foreign Trade in Pumps                                   41
  
         SECTION III -- PRODUCTS
    1    Fluid Handling Pump Supply & Demand by Type                 49
    2    Centrifugal Pump Supply & Demand                            53
    3    Single-Stage Centrifugal Pump Supply & Demand               56
    4    Submersible Centrifugal Pump Supply & Demand                58
    5    Other Centrifugal Pump Supply & Demand                      60
    6    Positive Displacement Pump Supply & Demand                  65
    7    Rotary Pump Supply & Demand                                 69
    8    Reciprocating Pump Supply & Demand                          71
    9    Diaphragm Pump Supply & Demand                              74
   10    Turbine Pump Supply & Demand                                76
   11    Oilfield Pump Supply & Demand                               79
   12    Other Specialty Pump Supply & Demand                        81
   13    Pump Driver, Accessory & Part Supply & Demand               85
   14    Pump Accessory & Part Shipments by Pump Type                88
   15    Pump Driver Shipments by Pump Type                          91
  
         SECTION IV -- MARKETS
    1    Fluid Handling Pump Demand by Market                        95
    2    Process Manufacturing Pump Demand by Market                 98
    3    Chemical & Pharmaceutical Shipments                        103
    4    Chemical Industry Pump Demand                              107
    5    Paper Product Shipments                                    110
    6    Pulp & Paper Industry Pump Demand                          113
    7    Refined Petroleum Product Production                       115
    8    Petroleum Refining Pump Demand                             118
    9    Food & Beverage Shipments                                  120
   10    Food & Beverage Industry Pump Demand                       122
   11    Primary Metal Product Shipments                            124
   12    Primary Metal Industry Pump Demand                         126
   13    Other Process Manufacturers Pump Demand                    128
   14    Utilities Pump Demand                                      130
   15    Water Withdrawal Trends                                    134
   16    Water & Sanitation Service Pump Demand                     137
   17    Electricity Generation by Fuel & Generator                 141
   18    Electric & Gas Utility Pump Demand                         144
   19    Resource Extraction Industry Pump Demand                   146
   20    Crude Petroleum & Natural Gas Supply & Demand              151
   21    Crude Petroleum & Natural Gas Pump Demand                  153
   22    Mining Materials Handled                                   155
   23    Mining & Other Resource Extraction Pump Demand             157
   24    Construction Expenditures                                  160
   25    Construction Industry Pump Demand                          162
   26    Other Fluid Handling Pump Markets                          163
  
         SECTION V -- INDUSTRY STRUCTURE
    1    Revenue Data: Selected Pump Manufacturers, 2005            168
    2    Selected Acquisitions & Divestitures                       177
    3    Selected Pump Manufacturing Plants by State                181
    4    Capital Spending Patterns: Selected Pump Manufacturers     189
    5    Composite Financial Ratios: Selected Pump Manufacturers    195
    6    Selected Cooperative Agreements                            198
  
    

                            LIST OF CHARTS
                                   
    CHART NUMBER                                                   PAGE
  
         SECTION II -- MARKET ENVIRONMENT
    1    Fluid Handling Pump Market Volatility, 1996-2005            25
    2    Fluid Handling Pump Pricing Patterns                        27
    3    US Fluid Handling Pump Imports by Source, 2005              44
    4    US Fluid Handling Pump Exports by Destination, 2005         46
  
  
         SECTION III -- PRODUCTS
    1    Fluid Handling Pump Demand by Type                          50
    2    Centrifugal Pump Shipments by Type, 2005                    54
    3    Positive Displacement Pump Shipments by Type, 2005          66
  
         SECTION IV -- MARKETS
    1    Fluid Handling Pump Demand by Market                        96
    2    Process Manufacturing Fluid Handling Pump 
           Demand by Market, 2005                                    99
  
         SECTION V -- INDUSTRY STRUCTURE
    1    Fluid Handling Pump Market Share by Company, 2005          170
    2    Geographic Distribution of Pump Manufacturing Plants       185