NORTHFIELD, IL, Sept. 1, 2009 -- This year China will buy pumps for its power plants which will move more than 34 million gallons per minute of water, fuel oil, and various slurries. The biggest application will be cooling water at coal-fired power plants. Boiler feedwater pump purchases will be small in terms of flow but substantial in price due to the high pressures needed. Forecasts by specific pump application have just been added to Pumps: World Markets, an online publication of the McIlvaine Company, www.mcilvainecompany.com.
From the perspective of the purchaser concerned about future supply and the manufacturer who needs to anticipate demand, it is essential to determine the markets for specific pump types. No pump supplier makes the complete range of pumps. Therefore, segmentation of the market is necessary. For the last two decades McIlvaine has forecast the market for four pump types in ten applications for 80 countries and sub regions resulting in 20,000 individual forecasts. Now this number has been greatly expanded.
In the power sector, in addition to revenues McIlvaine is forecasting pump units and flow for many different pump applications. Separate forecasts are made by fuel type (nuclear, coal, oil and gas).
In China the coal-fired boiler market is growing rapidly. By 2020 China will be operating three times as much coal-fired capacity as the U.S. The number of combined cycle gas plants is relatively small. The nuclear base is low, but there are ambitious long-term plans. China is also investing heavily in wind and solar where lubrication pumps for wind turbine gear boxes and solar panel rotation are needed.
