Global In-line Process Viscometer (ILPV) Market is Expected to Cross USD 144.6 Million in 2018: Transparency Market Research

Global In-line Process Viscometer (ILPV) Market is Expected to Cross USD 144.6 Million in 2018: Transparency Market Research PR Newswire ALBANY, New York, December 5, 2012 ALBANY, New York, December 5, 2012 /PRNewswire/ -- According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "In-line Process Viscometer (ILPV) Market- Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast, 2012 - 2018," the global In-line Process Viscometer (ILPV) demand was estimated to be worth USD 91.2 million in 2010 and is expected to reach USD 144.6 million in 2018, growing at a CAGR of over 6.3% from 2013 to 2018. Asia Pacific dominates the global market in terms of demand and is expected to be the most promising market in the near future. Browse the full report at http://www.transparencymarketresearch.com/in-line-process-viscometer- market.html The global market for in-line process viscometers is mainly driven by the growth in the global petroleum and chemicals market. However, volatility in prices and high competition among market players is restraining the market. The ILPV market by application in terms of revenue is dominated by the petroleum industry. The petroleum ILPV market by revenue is expected to grow at a CAGR of 6.3% from 2013 to 2018. Following petroleum, the markets for chemicals and pharmaceuticals as well as food and beverages are also witnessing significant growth.