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Global cooling tower market forecast to reach 2.6 billion USD by 2018

According to a recent report by Global Industry Analysts Inc., the global market for cooling towers is projected to reach USD 2.6 billion by 2018, driven by improving economic conditions and more stringent environmental regulations.
After a significant slowdown in sales during the 2007-2009 economic recession, the global market for cooling towers staged a recovery in 2010, thanks to a resurgence in growth fundamentals such as improvement in the macroeconomic environment and increased investments in infrastructure projects.

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