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Modernization of Infrastructure Across Select Industries Sustains Chinese Positive Displacement Pumps Market Finds Frost & Sullivan - Integrated solutions key to sustaining end users' interest - IndustrialAutomation.Frost.com
Modernization of Infrastructure Across Select Industries Sustains Chinese Positive Displacement Pumps Market Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Hong Kong, Hong Kong, 2014/06/06 - Integrated solutions key to sustaining end users' interest - IndustrialAutomation.Frost.com.

   
 
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China's ongoing urbanization and infrastructure modernization programs, particularly in the water and wastewater, chemical and oil & gas industries, is fuelling the demand for positive displacement (PD) pumps in the country. While cost-conscious participants are simply replace existing pumps, others are eager to invest in new, advanced PD pumps. PD pump manufacturers are looking to sustain this demand through integrated solutions and technological advancements in PD pump technology.

New analysis from Frost & Sullivan, Chinese Positive Displacement Pumps Market, finds that the market earned revenues of $1.19 billion in 2013 and estimates this to reach $2.01 billion in 2018. The study covers rotary, reciprocating and peristaltic pumps.

"With approximately 30 to 50 large national projects in key end-user industries across China scheduled for approval in the 2011-2015 period, the demand for PD pumps will grow steadily," said Frost & Sullivan Industrial Automation & Process Control Research Analyst Zi Ning Chong. "PD pump manufacturers will find lucrative opportunities in the oil & gas industry as China has now replaced the United States as the largest crude oil importer. Their scope will also expand in the chemicals industry, as players in this sector prefer PD pumps for high-viscosity and high-pressure applications."

However, the increasing competition from centrifugal pumps, which are easier to install, cost-effective and can be used in a wide range of applications, is exerting pressure on PD manufacturers' bottom lines.

"Price is an important differentiating factor, given the current global economic climate," stated Chong. "High-quality post-purchase technical support and value-added services are also crucial for PD pump manufacturers to remain buoyant in the Chinese market."

For more information on this study, please email Julie Zheng, Corporate Communications, at julie.zheng[.]frost.com.

Chinese Positive Displacement Pumps Market is part of the Industrial Automation & Process Control (industrialautomation.frost.com) Growth Partnership Service program. Frost & Sullivan's related studies include: Automation and Control Solutions Market in CIS Countries, Southeast Asia Automation Services Market, ANZ Automation Services Market, and ANZ Manufacturing Execution Systems Market. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
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Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

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Chinese Positive Displacement Pumps Market / ND80-10

 
 
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Modernization of Infrastructure Across Select Industries Sustains Chinese Positive Displacement Pumps Market Finds Frost & Sullivan

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