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FlowTimes - April 2012

Your Update on Flow, Temperature, and Pressure Measurement from Flow Research

Executive Editor: Dr. Jesse Yoder; Volume 13, Number 2 - ISSN 1350-7204


1.    Letter from the President
The recession of 2009 had a significant impact on the flowmeter market, as many end-user companies canceled projects or put them on hold.  The good news is that the flowmeter market rebounded in 2010, and also appears to have rebounded strongly in 2011.  

The flowmeter market does not exist in a vacuum; instead it is subject to the same economic pressures and influences as chemical, food & beverage, and other process markets.  In addition, the flowmeter market today is actually made up of more than a dozen submarkets, each corresponding to a different flow technology.  

One of the broad trends in the flowmeter market is the transition from traditional technology flowmeters to new-technology meters.  While this transition is continuing, many traditional meters are holding their own, due to their large installed base and the large number of suppliers.  However, the picture is different for each type of meter.  

Would you like to Supersize that Coriolis Meter?

MC900040035[1]Some of the most dramatic developments in the world of flow today are occurring in Coriolis meters.  While the large majority of Coriolis flowmeters still have a line size of two inches and less, some major developments are occurring involving large line size Coriolis meters.  Rheonik (now part of GE) used to be the only company that manufactured Coriolis meters in line sizes above six inches.  Today, several other companies have entered this market, and are producing Coriolis meters that fit in line sizes from 6 to 16 inches.  Endress+Hauser and Emerson Micro Motion both produce bent-tube Coriolis meters that fit into 16-inch lines, while KROHNE produces a straight tube meter for line sizes from six to greater than 10 inches.  

Positive displacement market flat for 10 years and now declining slightly

Although the positive displacement flowmeter market size is slightly larger than it was in 2001, it has been essentially flat for the past 10 years.  Today, the PD flowmeter market is declining slightly.  The main reasons the market is declining only slightly are the large installed base of PD meters, the large number of suppliers, and the ability of PD meters to measure high viscosity liquids with high accuracy.  PD meters are still widely used for downstream measurement of oil for custody transfer operations.  Here they are being displaced by Coriolis meters, although they have a price advantage over Coriolis meters.  

Turbine flowmeter manufacturers invest in R&D

Turbine meters are driven by similar growth factors to PD meters.  They also have a large installed base and a large number of suppliers.  But one difference between the two is that turbine meter manufacturers are more active in doing research and development and in introducing new products than PD meter suppliers.  Examples of such companies include Elster, Cox Instruments, Badger Meter, and Hoffer Flow Controls.  The new products being released by these and other turbine flowmeter companies are helping the market grow slowly rather than decline.

Turbine and PD markets losing ground to new-technology meters

Regardless of whether turbine and positive displacement meters are growing slowly or declining slowly, they are still losing market share to new-technology meters.  The Coriolis and ultrasonic flowmeter markets are growing in the range of six to eight percent per year.  So while the turbine flowmeter market is growing at less than one percent per year and the PD flowmeter market is slowly declining at about one percent per year, their percent of the total flowmeter market is declining.  This fact is not likely to change in the foreseeable future.


2.      The World Market for Multiphase Flowmeters is now shipping!

This study analyzes the world market for multiphase flowmeters, one of the newest types of flowmeters to enter the market.  The future of multiphase flow measurement appears brighter than ever.  Although one of the most complex applications to address, successful multiphase measurement holds the promise of large benefits for both suppliers and end-users.  Less than one percent of the world’s wells are equipped with the technology today so there is ample room for market expansion.  

Multiphase meters are at an early stage of their evolutionary cycle, and no doubt new technologies will emerge over time.  In the meantime, companies are working hard to improve the existing technology.  Companies are putting money into developing multiphase meters not so much because the meters do the measurement so well, but because the measurement is so valuable.  

This study gives detailed market sizes, analysis, and forecasts for multiphase flowmeters worldwide, with dual phase in the context of multiphase manufacturers (excluding companies who manufacture only dual phase meters).  It gives market size for 2011, and forecasts the market through 2016.

The objectives covered in the study are as follows:  

·        Determine worldwide supplier market size for multiphase flowmeters

·        Determine worldwide market shares for the multiphase flow measurement market in 2011

·        Forecast market growth through 2016

·        Identify the industries and applications where multiphase flowmeters are used, and identify market growth sectors

·        Provide strategies to manufacturers for selling into the multiphase flowmeter market

·        Create company profiles of the main suppliers into the multiphase flowmeter market

·        Analyze products for the main companies selling into the multiphase flowmeter market

·        Provide product descriptions and average selling prices in the market

·        Analyze factors contributing to and limiting growth

For more information about this study, as well as information and articles focused on multiphase flow, we invite you to visit our website http://www.FlowMultiphase.com.

The World Market for Multiphase Flowmeters is Module E of our megastudy, The World Market for Natural Gas and Gas Flow Measurement, and completes the set.  Our unprecedented series of studies on the natural gas and gas flowmeter markets is the culmination of two years of research, three trips to the Mideast, and more than 10 trips to conferences and customers in Europe and the U.S.  In the course of our research, we realized how important it is to understand the natural gas market and its producers to really grasp the flowmeter market.  Using the exclusive information and data we’ve unearthed in our globetrotting, insights from more than 15 in-person interviews with Mideast oil & gas companies, plus extensive other research, we’ve put together 2600+ pages of material on the natural gas markets and gas flowmeter usage around the world, by regions and countries, plus an analysis of what all of it means for you.

The series features a Core Study and five standalone Modules:

·        Core Study: The World Market for Gas Flow Measurement, 2nd Edition. 
For more information visit

·        Module A: An Analysis of the Regional Gas Flowmeter and Natural Gas Markets.  For more information visit http://www.worldnatgas.com/.

·        Module B: A Strategic Approach to Doing Business in the Gas Flowmeter and Natural Gas Markets in Mideast/Africa. 
For more information visit

·        Module C: The World Market for Custody Transfer of Natural Gas. 
For more information visit

·        Module D: Strategies, Industries, & Applications. 
For more information visit

·        Module E: The World Market for Multiphase Flowmeters. 
For more information visit http://www.flowmultiphase.com/.

If you haven’t already purchased any of these studies, we hope you’ll consider doing so now. The timing couldn’t be better to understand the fast-growing worldwide market for gas flowmeters, which we found totaled $1.3 billion in 2010, with a projected compound annual growth rate (CAGR) of 6.1 percent through 2015.


3. Agar believes in non-nuclear multiphase technology

In the evolving world of multiphase flow, Agar is one of the few companies offering a non-nuclear multiphase solution.  The Agar MPFM-50 combines Coriolis technology with traditional flow measurement devices to achieve accuracy in the entire GVF range (0-100%), including the difficult wet gas regime from 95-100%.  The company claims that the device is specially designed for field conditions, with low maintenance and ease of operation, and requires no field calibration or prior knowledge of fluid properties (such as fluid density and salinity) to attain the specified accuracies.

In addition to multiphase meters, Agar also specializes in the development, design, and manufacture of oil/water meters, interface detectors, and hydrate detectors.  

The complete article can be found in our Q1 2012 issue of Market Barometer, in the Company Korner section.  For more information, go to http://www.worldflow.com/, the Flow Research subscription service.


4. “The World Market for Turbine Flowmeters, 2nd Edition,” is now shipping!


Wakefield , Massachusetts (March 30, 2012) — Turbine Flowmeters Hold Their Own in a Growing Flowmeter Market


Despite competition from ultrasonic, Coriolis, and other new-technology flowmeters, turbine flowmeters remain a viable and popular choice for a variety of applications.  This is one finding in a new Flow Research study, The World Market for Turbine Flowmeters, 2nd Edition.


According to Dr. Jesse Yoder, president of Flow Research, the gas market holds significant opportunities for suppliers:  


“Many people believe that the turbine meter market has been declining, but in fact it has been holding its own over the past 10 years.”


To see the full press release, go to http://www.flowresearch.com/news.html.


This study addresses the key issues in the turbine market today, including:

·        What is the technological state of the market today?

·        What applications are growing – and which are not?

·        What regions of the world hold the greatest growth prospects – and why?

·        Are there new competing technologies to the traditional devices – and what are they?

·        Are there new measurement standards that must be understood?

·        What technical developments are occurring in turbine flowmeters?

·        Which industries represent the greatest growth potential – and why?

·        What are the features that end-users are looking for in turbine flowmeters?


For more information about this study, plus information and articles about turbine meters, we invite you to visit our website http://www.turbine.com.  




5. New Informative Websites on Energy, Oil, and Gas Now Up and Running!


Flow Research has formed a joint venture with Global Processing and Processing magazines to bring you updated information on the important topics of energy, oil, and gas.  We have created three jointly sponsored websites to bring you timely and up-to-date news and analysis on these vital topics.  The websites, which are already up and running, are:






The websites will be updated regularly with news feeds from Global Processing and Processing magazines, and with news and analysis from Flow Research on various topics relating to renewable energy, and to oil and gas production and measurement.


Check them out!  




6. Crude Oil Spikes to Nearly $110 per Barrel on Iranian Tensions

February 28, 2012 (Wakefield, MA) – The price of crude oil surged to almost $110 a barrel on Friday, February 24, as uncertainty about Iran and its nuclear program continued to impact oil prices.  Tensions were exacerbated by Iran’s announcement on February 19 that it was cutting off exports to the United Kingdom (UK) and France.  While Iran’s oil does not account for a major amount of the oil supply of the UK and France, Iran has been exporting about 300,000 barrels per day (BD) to European Union countries.  Iran’s move was in response to the European Union’s announced intention to cut off Iranian oil imports and freeze central back assets, beginning in July.


The last time we published a Flash Report on oil prices, almost exactly a year ago, the news was that oil prices had exceeded $100 per barrel, due to unrest in the Middle East and Northern Africa.  The most immediate cause of this spike in oil prices was reduced production from Libya.  The Libyan situation has at least been partially resolved in favor of democratization, and oil wells are coming back online.


Other areas in the Middle East that have been hot spots include Bahrain, Syria, Egypt, and Tunisia.


The news this time is much more dramatic, with oil prices exceeding $100 for the first time since October 2, 2008.  Energy demand is increasing along with the improving economy, and this increasing demand is helping to push prices higher.  But the main driver of the current spike in oil prices unrest is the Middle East and Northern Africa, including Egypt, Bahrain, Algeria, Tunisia, Iran, and especially Libya.


To read more and find out what it all means, including line charts and analysis, go to http://www.worldflow.com/, the Flow Research subscription service.




7. Our new Positive Displacement study is now Shipping!

This hot-off-the-press study covers the entire worldwide positive displacement flowmeter market, including seven geographic regions.  The study includes oval gear, rotary, helical gear, nutating disc, piston, diaphragm, and other PD meters.  It also includes market size and forecasts from 2011 to 2016, market shares, strategies, product analysis, and company profiles. Don't miss this chance for an up-close look at the positive displacement flowmeter market! For complete information, go to http://www.flowPD.com.




8. Emerson introduces a 16" line size Coriolis flowmeter

Note:  Endress+Hauser previously introduced, in 2011, their ProMass 83X/84X Coriolis meters that can be used with 12, 14 and 16 inch line sizes.


Boulder, Colorado; February 23, 2012 — Emerson Process Management has expanded its range of Micro Motion ELITE® High Capacity Coriolis flowmeters with the introduction of a large line size version with 16 inch (400 millimeter) process connections. This ELITE High Capacity Coriolis meter addresses the need for high accuracy, large line size measuring instruments and provides a high technology option for applications that have historically used mechanical/volumetric devices.


The introduction of the 16” version expands the scope of Micro Motion High Capacity Coriolis flowmeters to many more challenging applications including oil and gas pipelines, refinery oil movement and storage, specialty chemicals, and marine bunkering. 


The complete article can be found in our Q1 2012 issue of Market Barometer.  For more information, go to www.worldflow.com, the Flow Research subscription service.




9. Studies we are currently working on

The World Market for Mass Flow Controllers, 2nd Edition http://www.flowmfc.com/

The World Market for Ultrasonic Flowmeters, 4th Edition (three studies) http://www.flowultrasonic.com/

The World Market for Coriolis Flowmeters, 4th Edition http://www.flowcoriolis.com/


10. New http://www.flowstudies.com/ website getting positive reception

We launched this website with the aim of making it quick and easy to see, at a glance, all the studies we have.  It lists our studies by category, and also provides direct links to the latest editions.  We are pleased that we’ve been getting some very positive feedback on it.  Thank you.

What do you think of FlowTimes? We welcome your comments! Please send any comments or suggestions to jesse@flowresearch.com.

Executive Editor:

Dr. Jesse Yoder – jesse@flowresearch.com


Belinda Burum – belinda@flowresearch.com

Associate Editors:

Norm Weeks – norm@flowresearch.com  

DSC_0623Christina Glaser – christina@flowresearch.com

Leslie Buchanan – leslie@flowresearch.com

Flow Research, Inc.
27 Water Street
, MA   01880 USA +1 (781) 245-3200
+1 (781) 224-7552 (fax)


FlowTimes is published by Flow Research, Inc.


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