This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Positive Displacement Pumps Market To Benefit From Escalating Demand For Energy In Southeast Asia, Says Frost & Sullivan

SINGAPORE, March 7, 2013 /PRNewswire/ -- The superior performance standards of positive displacement (PD) pumps have made them the most preferred pumps for several industries. The demand for advanced versions of PD pumps will increase as more end users across the Southeast Asia (SEA) and Australia and New Zealand (ANZ) region start automating their plants.

New analysis from Frost & Sullivan ( http://www.industrialautomation.frost.com), Southeast Asia and ANZ PD Pumps Markets, finds that the market generated $624.0 million in 2011 and estimates this to reach $800.0 million in 2017.

The spiraling demand for energy and other resources in SEA is promoting the PD market. Expanding population in countries such as Indonesia and Malaysia will highlight the need for more resources (oil, chemical and petrochemicals, water, and food and beverage) and for infrastructure development.

"All these industries are major users of pumps," remarked Frost & Sullivan Industrial Automation and Process Control Research Analyst Krishnan Ramanathan. "Further, it is estimated that the SEA and Asia-Pacific region will register a 2.4 percent yearly increase in energy demand until 2030 – above the projected global average – pushing the uptake of PD pumps by the oil and gas industry."

Pumps are indispensible for industrial development with inherent benefits including project cost reduction, improved accuracy, and lower noise interference. Despite these advantages, high initial installation costs are deterring end users from investing in PDs. The effect of this restraint will remain high during the short- and medium-term.

"Investments in newer technologies and research on emerging applications will reduce the impact of such high initial costs and capital investments over the long-term," elaborated Ramanathan. "In other words, PD pumps will gain acceptance in newer industries, but this will take time."

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,195.42 +221.11 1.30%
S&P 500 0.00 -2.75 -0.14%
NASDAQ 4,566.1380 +16.9120 0.37%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs