TABLE OF CONTENTS
SECTION PAGE
INTRODUCTION xiii
I. EXECUTIVE SUMMARY 1
II. MARKET ENVIRONMENT 4
General 4
World Economic Overview 5
Recent Economic Performance 6
World Economic Outlook 8
World Fixed Investment Trends 11
World Energy Supply & Demand Outlook 16
Energy Supplies 16
Energy Demand 18
World Oil Industry Trends 20
Crude Production 21
Refined Products 22
World Water Utilization Trends 23
World Construction & Infrastructure Trends 24
Pricing Patterns 26
Technology & Materials Trends 27
Materials 28
Product Design 30
III. WORLD SUPPLY & DEMAND 32
General 32
Regional Overview 33
Demand 33
Production 38
International Trade 40
Demand by Product 41
Centrifugal 44
Positive Displacement 46
Rotary 48
Reciprocating 50
Diaphragm 52
Other 54
Turbine 55
Oilfield 58
Specialty & All Other 60
Demand by Market 62
Process Manufacturers 64
Utilities 66
Other Markets 68
IV. NORTH AMERICA 71
General 71
Pump Supply & Demand 72
Pump Outlook & Suppliers 74
United States 76
Canada 81
Mexico 86
V. WESTERN EUROPE 92
General 92
Pump Supply & Demand 93
Pump Outlook & Suppliers 95
Germany 98
United Kingdom 103
France 108
Italy 113
Spain 118
Netherlands 123
Other Western Europe 128
Austria 135
Sweden 135
Switzerland 136
Belgium 138
Denmark 138
All Other 140
VI. ASIA/PACIFIC 141
General 141
Pump Supply & Demand 143
Pump Outlook & Suppliers 145
China 148
Japan 154
India 159
South Korea 164
Taiwan 169
Australia 174
Thailand 179
Indonesia 184
Other Asia/Pacific 189
Singapore 195
Malaysia 196
All Other 197
VII. OTHER REGIONS 199
Latin America 199
Brazil 205
Other Latin America 210
Argentina 216
Venezuela 217
All Other 218
Eastern Europe 219
Russia 225
Other Eastern Europe 230
Poland 236
Czech Republic 237
Ukraine 238
All Other 239
Africa/Mideast 240
Iran 246
Saudi Arabia 250
Other Africa/Mideast 255
Turkey 261
South Africa 262
All Other 263
VIII. INDUSTRY STRUCTURE 265
General 265
Industry Composition 266
Market Share 267
Product Development 271
Manufacturing 272
Marketing & Distribution 274
Cooperative Agreements 275
Financial Dynamics 278
Mergers, Acquisitions & Industry Restructuring 279
Company Profiles 282
ABS Group, see Cardo AB
Alfa Laval AB 284
American Machine and Tool Company Incorporated, see Gorman-Rupp Company
APV, see SPX Corporation
Aurora Pump, see Pentair Incorporated
Baker Hughes Incorporated 286
Bell & Gossett, see ITT Corporation
Blagdon Pump Holdings Limited, see IDEX Corporation
Bran + Luebbe GmbH, see SPX Corporation
Cardo AB 288
Centrilift, see Baker Hughes Incorporated
Corken Incorporated, see IDEX Corporation
Crane Company 292
Danaher Corporation 295
Danfoss A/S 297
Delta Environmental Products, see Pentair Incorporated
Ebara Corporation 299
Fairbanks Morse Pump, see Pentair Incorporated
FARADYNE Motors LLC, see ITT Corporation and
Pentair Incorporated
FE Myers, see Pentair Incorporated
Flojet, see ITT Corporation
Flowserve Corporation 303
Flowtronex PSI Incorporated, see ITT Corporation
Gardner Denver Incorporated 308
Gasboy International Incorporated, see
Danaher Corporation
Gast Manufacturing Incorporated, see IDEX Corporation
GE Osmonics, see General Electric Company
GE Water and Process Technologies, see General Electric Company
General Electric Company 311
GIW Industries Incorporated, see KSB AG
Gorman-Rupp Company 314
Goulds Pumps Incorporated, see ITT Corporation
Graco Incorporated 317
Grundfos A/S 319
Hale Products Incorporated, see IDEX Corporation
Hamilton Sundstrand Corporation, see
United Technologies Corporation
Hoffman Specialty Manufacturing Company, see ITT Corporation
Hydro-Aire, see Crane Company
HydroAir, see ITT Corporation
Hydromatic Pump, see Pentair Incorporated
Hypro LLC, see Pentair Incorporated
IDEX Corporation 325
Illinois Tool Works Incorporated 332
Ingersoll-Rand Company Limited 334
Invensys plc 336
ITT Corporation 337
Jabsco, see ITT Corporation
John Wood Group 345
Johnson Pump Group, see SPX Corporation
Jung Pumpen GmbH, see Pentair Incorporated
KSB AG 347
Kubota Corporation 352
Lear Romec, see Crane Company
LIGHTNIN, see SPX Corporation
Liquid Controls Corporation, see IDEX Corporation
Lowara Srl, see ITT Corporation
Metso Corporation 354
Micropump Incorporated, see IDEX Corporation
Milton Roy Company, see
United Technologies Corporation
Moyno Incorporated, see Robbins & Myers Incorporated
Nuovo Pignone SpA, see General Electric Company
Patterson Pump Company, see Gorman-Rupp Company
Peerless Pump Company, see Grundfos A/S
Pentair Incorporated 356
Plenty Mirrless, see SPX Corporation
Procon Products, see Standex International Corporation
Pulsafeeder Incorporated, see IDEX Corporation
Pumpenfabrik Ernst Vogel GmbH, see ITT Corporation
Pumpex AB, see Cardo AB
Putzmeister Group 362
R&M Energy Systems Incorporated,
see Robbins & Myers Incorporated
Red Jacket Products, see Danaher Corporation
Robbins & Myers Incorporated 365
Rule, see ITT Corporation
SAMPI SpA, see IDEX Corporation
Sapphire Engineering Incorporated,
see IDEX Corporation
Scanpump AB, see Cardo AB
Schlumberger Limited 367
Scivex Incorporated, see IDEX Corporation
SHURflo LLC, see Pentair Incorporated
SIHI Pumps Incorporated, see Sterling Fluid Systems BV
SPX Corporation 369
Sta-Rite Industries LLC, see Pentair Incorporated
Standex International Corporation 373
Sterling Fluid Systems BV 374
Sulzer Limited 376
Sundyne Corporation,
see United Technologies Corporation
Tarby Incorporated, see Robbins & Myers Incorporated
Thomas Products, see Gardner Denver Incorporated
Trebor International Incorporated, see IDEX Corporation
United Technologies Corporation 380
Versa-Matic Pump Company, see IDEX Corporation
Viking Pump Incorporated, see IDEX Corporation
Warren Rupp Incorporated, see IDEX Corporation
Waukesha Cherry-Burrell, see SPX Corporation
Weatherford International Incorporated 384
Weir Group plc 386
Wright Flow Technologies Limited, see IDEX Corporation
Wrightech Corporation, see IDEX Corporation
Other Companies Mentioned in Study 390 LIST OF TABLES
TABLE NUMBER PAGE
SECTION I -- EXECUTIVE SUMMARY
Summary Table 3
SECTION II -- MARKET ENVIRONMENT
1 World Gross Domestic Product by Region 10
2 World Gross Fixed Investment by Region 13
3 World Primary Energy Production by Type 18
4 World Primary Energy Consumption by Region 19
5 World Oil Products Supply & Demand 20
6 World Construction Expenditures by Region 25
SECTION III -- WORLD SUPPLY & DEMAND
1 World Pump Demand by Region 35
2 World Pump Shipments by Region 39
3 World Pump Net Exports by Region 41
4 World Pump Demand by Product 43
5 World Centrifugal Pump Demand by Region 46
6 World Positive Displacement Pump Demand
by Product & Region 48
7 World Rotary Pump Demand by Region 50
8 World Reciprocating Pump Demand by Region 52
9 World Diaphragm Pump Demand by Region 54
10 World Demand for Other Pumps by Product & Region 55
11 World Turbine Pump Demand by Region 57
12 World Oilfield Pump Demand by Region 60
13 World Specialty & All Other Pump Demand by Region 62
14 World Pump Demand by Market 63
15 World Process Manufacturers' Pump Demand by Region 66
16 World Utilities Pump Demand by Region 68
17 World Other Markets Pump Demand by Region 70
SECTION IV -- NORTH AMERICA
1 North America - Pump Supply & Demand 73
2 North America - Pump Demand by Product & Market 75
3 United States - Pump Supply & Demand 79
4 United States - Pump Demand by Product & Market 81
5 Canada - Pump Supply & Demand 84
6 Canada - Pump Demand by Product & Market 86
7 Mexico - Pump Supply & Demand 89
8 Mexico - Pump Demand by Product & Market 91
SECTION V -- WESTERN EUROPE
1 Western Europe - Pump Supply & Demand 95
2 Western Europe - Pump Demand by Product & Market 97
3 Germany - Pump Supply & Demand 101
4 Germany - Pump Demand by Product & Market 103
5 United Kingdom - Pump Supply & Demand 106
6 United Kingdom - Pump Demand by Product & Market 108
7 France - Pump Supply & Demand 111
8 France - Pump Demand by Product & Market 113
9 Italy - Pump Supply & Demand 116
10 Italy - Pump Demand by Product & Market 118
11 Spain - Pump Supply & Demand 121
12 Spain - Pump Demand by Product & Market 123
13 Netherlands - Pump Supply & Demand 126
14 Netherlands - Pump Demand by Product & Market 128
15 Other Western Europe - Pump Supply & Demand 131
16 Other Western Europe - Pump Demand by
Product & Market 133
17 Other Western Europe - Pump Supply & Demand
by Country 134
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific - Pump Supply & Demand 145
2 Asia/Pacific - Pump Demand by Product & Market 147
3 China - Pump Supply & Demand 151
4 China - Pump Demand by Product & Market 153
5 Japan - Pump Supply & Demand 157
6 Japan - Pump Demand by Product & Market 159
7 India - Pump Supply & Demand 162
8 India - Pump Demand by Product & Market 164
9 South Korea - Pump Supply & Demand 167
10 South Korea - Pump Demand by Product & Market 169
11 Taiwan - Pump Supply & Demand 172
12 Taiwan - Pump Demand by Product & Market 174
13 Australia - Pump Supply & Demand 177
14 Australia - Pump Demand by Product & Market 179
15 Thailand - Pump Supply & Demand 182
16 Thailand - Pump Demand by Product & Market 184
17 Indonesia - Pump Supply & Demand 187
18 Indonesia - Pump Demand by Product & Market 189
19 Other Asia/Pacific - Pump Supply & Demand 192
20 Other Asia/Pacific - Pump Demand by Product & Market 194
21 Other Asia Pacific - Pump Supply & Demand by Country 195
SECTION VII -- OTHER REGIONS
1 Latin America - Pump Supply & Demand 202
2 Latin America - Pump Demand by Product & Market 204
3 Brazil - Pump Supply & Demand 208
4 Brazil - Pump Demand by Product & Market 210
5 Other Latin America - Pump Supply & Demand 213
6 Other Latin America - Pump Demand by
Product & Market 215
7 Other Latin America - Pump Supply & Demand
by Country 216
8 Eastern Europe - Pump Supply & Demand 222
9 Eastern Europe - Pump Demand by Product & Market 224
10 Russia - Pump Supply & Demand 228
11 Russia - Pump Demand by Product & Market 230
12 Other Eastern Europe - Pump Supply & Demand 233
13 Other Eastern Europe - Pump Demand by
Product & Market 235
14 Other Eastern Europe - Pump Supply & Demand
by Country 236
15 Africa/Mideast - Pump Supply & Demand 243
16 Africa/Mideast - Pump Demand by Product & Market 245
17 Iran - Pump Supply & Demand 248
18 Iran - Pump Demand by Product & Market 250
19 Saudi Arabia - Pump Supply & Demand 253
20 Saudi Arabia - Pump Demand by Product & Market 255
21 Other Africa/Mideast - Pump Supply & Demand 258
22 Other Africa/Mideast - Pump Demand by Product & Market 260
23 Other Africa/Mideast - Pump Supply & Demand by Country 261
SECTION VIII -- INDUSTRY STRUCTURE
1 Pump Sales for Selected Manufacturers, 2007 267
2 Selected Cooperative Agreements 277
3 Selected Acquisitions & Divestitures 281
LIST OF CHARTS
CHART NUMBER PAGE
SECTION II -- MARKET ENVIRONMENT
1 World Gross Fixed Investment by Region, 2007 14
2 Relationship between Per Capita Fixed Investment &
Per Capita Pump Demand, 2007 15
3 World Pump Price Index 27
SECTION III -- WORLD SUPPLY & DEMAND
1 World Pump Demand by Region, 2007 36
2 Additional Pump Demand: 2012 vs. 2007 36
3 World Pump Demand - Projected 2007-2012 Annual
Rate of Growth 37
4 World Pump Shipments by Region, 2007 40
5 World Pump Demand by Product, 2007 43
6 World Pump Demand by Market, 2007 64
SECTION IV -- NORTH AMERICA
1 North America Pump Demand by Country, 2007 76
SECTION V -- WESTERN EUROPE
1 Western Europe Pump Demand by Country, 2007 98
SECTION VI -- ASIA/PACIFIC
1 Asia/Pacific Pump Demand by Country, 2007 148
SECTION VII -- OTHER REGIONS
1 Latin America Pump Demand by Country, 2007 205
2 Eastern Europe Pump Demand by Country, 2007 225
3 Africa/Mideast Pump Demand by Country, 2007 246
SECTION VIII -- INDUSTRY STRUCTURE
1 World Pump Market Share by Company, 2007 268
