NEWS RELEASE SEPTEMBER 2014
$2.9 Billion Market for Stainless Steel in Flow and Treatment Control Equipment In 2015
Purchases of stainless steel by manufacturers of flow and treatment control equipment will be $2.9 billion next year. This forecast does not include storage tanks, piping, ductwork and other ancillary system components. These forecasts are part of Air/Gas/Water/Fluid Treatment and Control: World Market published by the McIlvaine Company.
Flow control including pumps and valves represent almost two thirds of the total. Sales of these components will be $139 billion next year. The suppliers will purchase stainless materials exceeding $1.9 billion. In some cases, the purchases will be direct but often through suppliers of forgings, castings and fabrications.
2015 Market For Stainless Steel In Flow and Treatment Equipment |
||
Product |
Stainless Steel $ Millions |
Total $ Billions |
Flow Control |
1,900 |
139 |
Liquid filtration and separation |
240 |
46 |
Water and liquid treatment |
70 |
15 |
HVAC |
20 |
11 |
Stack gases and compressed air |
680 |
73 |
Monitoring |
20 |
15 |
Total |
2,930 |
299 |
The vessels used to support liquid filtration devices are constructed of stainless steel where there are hygienic or corrosion considerations. Centrifuge design includes the additional challenge of rotating parts. The scrolls and discs revolve at high speed. Stainless disc type centrifuges are used for wine, food, dairy and chemical applications. The scroll type centrifuges are used for sludge dewatering and for many chemical applications.
Reverse Osmosis housings are frequently constructed of stainless steel. Microfiltration and ultrafiltration housings used in desalination are also typically stainless steel.
Stainless steel will continue to gain market share in the flow and treatment market as operators seek higher performance and reliability. For more information on Air/Gas/Water/Fluid Treatment and Control: World Market, click on:http://home.mcilvainecompany.com/index.php/markets/27-water/445-n064-air-gas-water-fluid-treatment