Sales of industrial pumps in Asia will be
close to $16 billion this year, according
to the newly updated online Pumps:
World Markets published by the McIlvaine
Asia will account for more than 40 per cent
of worldwide purchases on a purchasing parity
basis. However, the prices for a pump of a
given quality in China are about 65 per cent
of an equivalent pump in the US, Japan or
Europe. Therefore, for international pump
companies who are converting Asian profits
into US dollars, Asia represents only 30 per
cent of the world market potential in 2012.
There is a wide spread between the price
differentials depending on the pump quality
and the ability of local Asian companies to
compete with international firms. API 674
pumps are sold at close to international pricing
levels, whereas, low performance water
pumps are sold at prices as low as 40 per cent
of the world average.
Chinese manufacturers are expanding into
the design and supply of some of the largest
and most rugged pumps. One example is the
flue gas desulfurization recycle slurry pumps. These pumps move 50,000 gpm of
abrasive gypsum slurry. Only a few international
suppliers have been able to deliver
these pumps, but now there is Chinese competition.
Municipal water and wastewater will
account for 37 per cent of the pump purchases.
The large infrastructure programme in the
region will continue for the foreseeable
future. The lack of adequate water supplies
results in substantial increases in pump
investments for transport of water to arid
areas. The high levels of pollution in the
water supply also will result in increased purchases
of pumps for the treatment systems.
Power is the next largest segment. China
continues to build large numbers of coal-fired
power plants. Vietnam, India and Indonesia
are also expanding coal-fired electricity generation.
The nuclear disaster in Japan is
resulting in additional pump purchases as
alternative energy sources are utilised.
Meanwhile, the world market for pumps
used by industry, municipalities and for irrigation
will grow to $45 billion per year in
2017, adding more than $7 billion to current
ASIAN INDUSTRIAL PUMP REVENUES
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