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Published by | frost-sullivan |
Published | 18 November 2013 |
Reads | 7 |
Language | English |
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PR Newswire
LONDON, Nov. 18, 2013
- Pump manufacturers must focus on development of high-pressure pumps to quicken growth
Greater political acceptance of shale gas exploration and the growing need among European countries to be self-sufficient in terms of energy is expected to result in the growth for the pumps market. Pump manufacturers, though, may not be able to capitalise on this potential as concerns on the environmental impact of fracking are likely to curb shale gas exploration activities by oil and gas companies.
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