- 2 January 2008 -

North American positive displacement market to reach US$3.01 billion in 2013

The North American pump market earned revenues of US$2.30 billion in 2006 and could reach US$3.01 billion in 2013, says a new report by Frost & Sullivan, North American Positive Displacement Pumps Markets.

The peristaltic pumps segment of the positive displacement market is likely to grow the fastest, with a projected compound annual growth rate of 7.5% during 2006 to 2013.

"Saturated traditional industry applications compel manufacturers to penetrate new markets," said Frost & Sullivan senior research analyst Dushyant Mehra. "The PD pumps market has traditionally been highly application focused, with different pump types being used in specific applications in matured end-user industries, such as chemical processing, pulp and paper, and power generation."

www.frost.com

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