Industry News

According to McIlvain (McIlvaine) the company's latest forecast shows that in 2009 the global market demand for valves and pumps will maintain last year's level. Industrial valves remain at 47 billion U.S. dollars in sales, but the market demand in 2010 is expected to grow 3%. China's market will show strong growth momentum, which can replace the gate valve power plant market is already twice the U.S. market, accounting for the global market, according to more than 30%. 
    
This year's global sales revenues will pump 32 billion U.S. dollars to maintain last year's level. Centrifugal pump which consumes the largest share of sales revenue; rotary pump sales will be slightly higher than the diaphragm, higher than the sales revenue of approximately one billion U.S. dollars; circulating pump sales will be slightly lower than the diaphragm.