NEWS RELEASE                                                                                                    AUGUST 2014

Middle East Pump Sales to Exceed $2 Billion Next Year

Countries in the Middle East will spend nearly $2.2 billion for pumps next year. This is the latest forecast in Pumps World Market, published by the McIlvaine Company.

($ Millions)  

  

Industry

  
  

2015

  

Total

 2,200

Chemical

 75

Electronics

 1

Flood   Control

 16

Food

 64

Metals

 19

Mining

 4

Oil   and Gas

 573

Other   Industries

 345

Pharmaceutical

 21

Power

 108

Pulp   & Paper

 11

Refinery

 350

Stone

 68

Wastewater

 242

Water

 303

 Countries included in the totals are:

Separate forecasts by industry and pump type for each of the next five years are provided for each of the eight countries and one aggregation of small countries.

Smaller countries include:

The largest market is oil and gas and accounts for 26 percent of the total.  An equal amount will be spent by municipalities for water and wastewater.  Desalination is a very big market in the region. Israel leads the way with a huge desalination program.  In a decade where total fresh water supply has been sharply reduced, Israel has built enough desalination capacity to easily supply its own demands.

There is a trend toward increased use of reverse osmosis (RO) rather than thermal desalination. The pump expenditure is much higher in plants using the RO approach due to the high osmotic pressures which must be overcome.

For more information on Pumps World Market, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/116-n019