NEWS RELEASE JULY 2014
Asia Will Account For 43 Percent of the Air and Water Monitoring Market Next Year
Sales of instrumentation and controls to monitor air and water will exceed $23 billion in 2015. Asia will account for 43 percent of the total. This is the conclusion reached in Air and Water Monitoring: World Market published by the McIlvaine Company.
China will account for 25 percent of the total expenditures. This may be one reason that the world air pollution control research center for Thermo Fisher is located in this country. The biggest growth segment within the Chinese market is associated with coal. The amount of air and water monitoring equipment purchased in association with coal-to-chemicals and coal-to-syngas plants in China will exceed the total monitoring expenditures for conventional petrochemical plants in any other country of the world.
The projects converting coal-to-syngas will consume large quantities of water. This requires intake and process monitoring. Monitoring of wastewater quality, pH and other parameters are also necessary. These projects generate pollutants which must be monitored. They also require sophisticated process controls in the gas stream.
In the large coal-to-chemicals program, both air and water monitors are required. China is also the largest producer of cement where both air pollution and gas process controls are needed. As a leading semiconductor producer, China buys expensive monitors to precisely measure minute quantities of contaminants in the ultrapure water needed to wash the chips.
The Chinese government is increasing its enforcement activities and requiring more extensive use of continuous monitors both for air and water. The highly polluted air and water throughout the country will continue to be a big driver of the market.
For more information on Air and Water Monitoring: World Market, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/106-n031