Global Pump Industry Will Grow Steadily at a CAGR of 5.47% During the Period 2016-2020: Researchmoz
Although overall global growth in the global pump market is likely to be robust, the factors that will fuel this growth will vary from region to region. In emerging economies such as India and China, the growth will primarily be the result of rapid industrialization as investment in the power generation and water infrastructure sectors grows. In the developed countries, improving manufacturing output will enable growth of process manufacturing industries. Oil-producing countries, including those in the Middle East, will benefit...
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