Flowserve - Competitors

Flowserve Competition

Now Viewing Flowserve's competition in: Metal Valve Manufacture

Recent Developments

Nonresidential Construction Increases - Annual construction trends vary by type of building and indicate relative demand for metal valves for different construction markets. US spending on residential construction declined 19 percent in the first three months of 2008 compared to the year before, and outlay for religious buildings dropped 13.6 percent. In contrast, construction spending increased on lodging 47 percent; manufacturing buildings, 31.5 percent; and public safety facilities, 29 percent.

Prices for Metal Valves Rise - Manufacturers have been increasing prices for metal valves, due primarily to metal costs and rising demand. US producer prices for metal valves overall increased 4.2 percent in March 2008 compared to a year before. Prices for industrial valves rose 5.4 percent; fluid power valve and hose fitting prices grew 3 percent.

Metal Valve Exports Increase - US exports of metal valves increased 18.4 percent in the first two months of 2008 compared to a year earlier. Most large overseas markets for US-made metal valves saw double-digit gains with particularly significant growth in Saudi Arabia, 60.2 percent; United Arab Emirates, 57.7 percent; Singapore, 54.7 percent; and Australia, 44.8 percent.

Competitive Landscape

Demand depends primarily on the level of manufacturing and construction activity. Construction activity in the chemical, petroleum, utilities, water treatment, and housing industries is especially important. Large companies have advantages in efficiency of operations and economies of scale. Offshore subsidiaries are frequently used for low-cost manufacturing. Smaller producers compete by focusing on specialized product offerings and superior customer service. Annual revenue per employee is about $200,000.

Full Industry Overview For Metal Valve Manufacture

Metal Valve Manufacture Industry Forecast

from Hoover's/D&B subsidiary First Research

The output of US metal valve manufacturing is forecast to grow at an annual compounded rate of 2.8 percent between 2007 and 2012.

Metal Valve Manufacturing Growth Slow

First Research forecasts are based on INFORUM forecasts that are licensed from the Interindustry Economic Research Fund, Inc. (IERF) in College Park, MD. INFORUM's "interindustry-macro" approach to modeling the economy captures the links between industries and the aggregate economy.