seepex Company Profile in OneStone Consulting Group Market Study
The global market for fluid pumps will grow from USD 21.5 billion in 2005 to USD 28.3 billion in 2015, representing an annual increase of approximately 2.8%. This is the result of a new multi-client market study published by OneStone Consulting Group GmbH, in collaboration with the SIM Senior Industry Managers Dr. Wittekindt & Partner, Bremen. Part 5 of this study, Supplier Trends, lists seepex as hidden champion.
OneStone Consulting aims to pinpoint the structural market changes on the market and present possible ways for market players to adjust to them. With this in mind, a deep segmentation of the market was performed with a large number of new results and presentations which have at best been available for the top companies up to now.
Examples from the study:
In 2005 centrifugal pumps still account for 63.7% of all pumps although according to the forecast their market share will shrink to 58.9%. By contrast, rotating and oscillating displacement pumps will win distinct market shares.
All in all the study presents the market potential and market changes for over 100 different pumps and sub-pump groups.
The chemicals industry is one of 12 industries examined. With a volume of USD 2.1 billion and a share in sales of 9.8 %, the pumps for this area take third place behind pumps for water supply and waste water engineering.
Surges in growth in the chemicals industry, such as currently observable in China and India, do not simultaneously lead to growth of similar magnitude in the pump market potential. Reasons for this are the different price ratios and lower requirements placed on pump quality.
