NEWS RELEASE                                                                                        FEBRUARY 2016

Flow Control and Treatment Mining Market Tops $13 Billion in 2017

The mining industry will spend $13 billion for flow control and treatment equipment and services in 2017.  The forecast appearing in N064 Air/Gas/Water/Fluid Treatment and Control: World Market includes the following fluids:  air, water, gas, oil, slurries and other. Movement of gases and air with fans and compressors is a big segment. Three billion dollars will be spent for pumps and valves.


The air and water monitoring expenditures can be further segmented based on how the equipment is used. Online continuous measurement makes up the bulk of the expenditures.


The mining market is characterized by very large projects which are few in number but comprise a significant portion of the market. So the market is volatile.  Presently there are a number of large potash projects in Saskatchewan, Canada which represent a potential sale of flow control and treatment equipment of close to $1 billion or over 7 percent of the entire annual market. A very large copper mining project in Ecuador will significantly impact the total market.

The U.S. represents only 6 percent of the mining potential for the largest segments which include iron ore, coal, bauxite, copper and phosphate. China on the other hand represents 23 percent of the total based on domestic production. When you consider that China is a major investor in the rest of the Americas which will account for 19 percent of the production and Africa with 13 percent of the production, its influence on mining flow control and treatment is considerable.


China and the Americas will account for over 33 percent of the bauxite production in 2017.


China will account for nearly 42 percent of coal production in 2017.


Central and South America will produce 43 percent of the copper in 2017.


Twenty-five percent of the iron ore will be produced in the Americas in 2017.


China and Africa will account for 69 percent of 2017 phosphate production.


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