DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/h5bptq/global_fluid) has announced the addition of the "Global Fluid Treatment Market 2012-2016" report to their offering.
TechNavio's analysts forecast the Global Fluid Treatment market to reach US$259.77 billion by 2016. One of the key factors contributing to this market growth is the increasing demand from developing countries. The Global Fluid Treatment market has also been witnessing an increasing number of mergers and acquisitions. However, the increasing price war among the competitors could pose a challenge to the growth of this market.
The key vendors dominating this market space are Pentair Ltd., Flowserve Corp., GE Co., and ITT Corp.
The other vendors mentioned in the report are Nalco Holdings Co. (Ecolab Inc.), Ashland Inc., Babcock and Wilcox Co., BASF SE, Cameron International Corp., Clyde Union Inc., Danaher Corp., Donaldson Co., Dow Chemical Co., Ebara Corp., Emerson Electric Co., Grundfos A/S, IMI plc., Kitz Corp., KSB AG, Kurita Water Industries Ltd., Schlumberger Ltd., Siemens AG, Sulzer Ltd., Tyco International Ltd., Weir Group plc.
According to the report, the Global Fluid Treatment market is driven by the demand for fluid treatment products in several Process industries such as the Water Management, Paper and Pulp, Oil and Gas, Energy, Petrochemicals, and Power industries. In fact, the Global Process industry is currently growing at a rapid rate, and this creates growth opportunities for the Global Fluid Treatment market. Moreover, the Process industry is growing at a faster rate in developing countries than in developed countries, thus leading to higher demand for fluid treatment equipment and consumables in developing countries. Therefore, there are currently a large number of growth opportunities in the market as a result of the rapid growth of the Global Process industry.
Further, the report discusses that increasing price wars among vendors constitute one of the major challenges in this market.
For more information visit http://www.researchandmarkets.com/research/h5bptq/global_fluid