Pump sales in China will reach $8.5 billion in 2014, according to Pumps World Market report by McIlvaine Company. Over $3 billion will be spent by municipalities for wastewater and drinking water plants.

Pump Revenues ($ Millions)

Industry

2014

 Total

 8,491

Chemical

 510

Electronics

 13

Flood Control

 112

Food

 189

Metals

 170

Mining

 620

Oil and Gas

 114

Other Industries

 976

Pharmaceutical

 36

Power

 1,240

Pulp & Paper

 223

Refinery

 131

Stone

 934

Wastewater

 1,586

Water

 1,638

The continuing population shift to the cities, the higher standard of living, and increased expectations are driving infrastructure expansion, the report says.

READ ALSO: Grundfos Launches Online Training Platform for the Pump Industry

The report says the pump expenditures by power plants will exceed $1.2 billion, and there will be an addition of more than 50,000 MW of new power plants this year.

In addition, there will be some retrofits of flue gas desulfurization (FGD) systems. These systems have large pump requirements. A big effort to reduce NOx is resulting in a market for ammonia pumps, the report says.

The chemical industry is growing thanks to both international and domestic investment.

The report says mines will spend over $600 million for pumps for use in China. Chinese companies are also influencing pump purchases in Africa and South America.

For more pump-related news and products, go here.