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.
| |
|
|
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.
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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.
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