NEWS RELEASE                                                                                                         NOVEMBER 2012

Ultrapure Water Market to Grow At An 8 Percent Rate Over Next Two Years

Over the next two years the market for ultrapure water systems and consumables will grow by 5 percent per year measured in constant dollars and by 8 percent per year measured in current dollars. Revenues will exceed $4.5 billion in 2014. This is the conclusion reached in the latest forecasts appearing in Ultrapure Water World Markets published by the McIlvaine Company.

Subject

2012

2013

2014

Annual   UPW Revenue $ Millions

4,100

4,300

4,500

% Increase From Previous Year in 2010 $

8

5

4.7

% Increase From Previous Year in Current $

11

8

7.7

Ultrapure water is required by power plants, semiconductor manufacturers and pharmaceutical companies. This high level of purity requires treatment equipment which removes the smallest particles. It requires pumps, valves and piping which will not provide any contamination. Sophisticated instrumentation which can measure dissolved gases in ppb is also required.

The industry is served by hundreds of small as well as large companies. Many of the large companies are anticipating growth which is higher than the predicted industry average.

Corporate Revenues ($ Millions and % Increases)

Company

2011

2012

2012 % Increase

2013

2013 % Increase

2014

2014 % Increase

3M

29,611

30,654

3.52%

32,268

5.27%

33,715

4.48%

Alfa Laval

4,155

4,501

8.33%

4,715

4.75%

4,979

5.60%

Calgon Carbon

541

592

9.43%

648

9.46%

778

20.06%

Donaldson

2,294

2,513

9.55%

2,711

7.88%

2,949

8.78%

Dow Chemical

59,985

60,667

1.14%

64,129

5.71%

67,100

4.63%

GE

147,300

150,242

2.00%

157,498

4.83%

163,603

3.88%

Honeywell

36,529

38,528

5.47%

40,889

6.13%

43,258

5.79%

ITT Corporation

2,119

2,250

6.18%

2,378

5.69%

2,470

3.87%

Kurita

2,432

2,487

2.26%

2,613

5.07%

2,736

4.71%

MeadWestvaco

6,060

5,608

-7.46%

5,788

3.21%

5,939

2.61%

Mettler Toledo

2,309

2,424

4.98%

2,575

6.23%

2,713

5.36%

SAIC

11,117

10,587

-4.77%

10,894

2.90%

10,650

-2.24%

Schlumberger

39,540

43,235

9.34%

47,741

10.42%

53,235

11.51%

Siemens

90,110

94,310

4.66%

97,877

3.78%

102,347

4.57%

Xylem

3,803

3,970

4.39%

4,200

5.79%

 

 

Yokogawa Corporation

3,964

4,067

2.60%

4,441

9.20%

4,649

4.68%

The instrumentation sector is growing faster than the total market. This will benefit Yokogawa, Mettler Toledo, Honeywell and Siemens.

For more information on: Ultrapure Water World Markets http://www.mcilvainecompany.com/brochures/water.html#n029