NR1796

NEWS RELEASE                                                                                                                JUNE 2013

Chinese Pharmaceutical Industry is Hot Market for Flow Control and Treatment

The Chinese flow control and treatment market is growing at double-digit rates and will reach just under $1 billion annually by 2017. This the aggregated forecast in a number of McIlvaine Market reports.

Chinese Pharmaceutical Industry Sales   in 2017

Subject

$   Millions

HVAC and Indoor Air Filters

35

Air and Water Monitoring

18

Fabric Filter Systems and Elements

8

Scrubbers/Adsorbers

10

Liquid Cartridges

244

Valves

170

Liquid Macrofiltration

40

Pumps

70

Cross-flow   Equipment and Membranes

99

Sedimentation/Centrifugation  

40

Ultrapure Water Systems

20

Water/Wastewater   Treatment Chemicals

41

Cleanroom Consumables

90

Cleanroom Hardware

71

Total

956

China accounts for 20 percent of the world’s population but only 1.5 percent of the global drug market.

The domestic pharmaceutical market is highly fragmented and inefficient with nearly 6,000 domestic pharmaceutical manufacturers. Entry to the WTO has brought a stronger patent system. Medical insurance is now more widespread and pharmaceutical-related regulations have been stiffened.

China’s domestic companies account for 70 percent of the market, and the top ten companies about 20 percent. Major international pharmaceutical companies have targeted China as the biggest growth market. They have also recognized the talent pool in China and are setting up research facilities in the country.

The Chinese drug market is projected to grow 22 percent a year, reaching about $200 billion in 2017. Flow control and treatment will represent 0.5 percent of the expenditures. Liquid cartridges will be the leading treatment product and valves will be the leading flow control revenue generator.

For more information on:

Air Filtration and Purification World Markets, click on: http://home.mcilvainecompany.com/index.php?option=com_content&view=article&id=48#n022

Air & Water Pollution Monitoring World Markets: click on: http://home.mcilvainecompany.com/index.php?option=com_content&view=article&id=106extsup1.asp

Cartridge Filters: World Market, click on: http://home.mcilvainecompany.com/index.php/component/content/article?id=71#n024

World Cleanroom Markets, click on: http://home.mcilvainecompany.com/index.php?option=com_content&view=article&id=73

World Fabric Filter and Element Market, click on: http://home.mcilvainecompany.com/index.php/component/content/article?id=48#n021

Liquid Filtration and Media World Market: click on: http://home.mcilvainecompany.com/index.php/component/content/article?id=71#n006

Pumps World Markets, click on: http://home.mcilvainecompany.com/index.php/component/content/article?id=75

RO, UF, MF World Market, click on: http://home.mcilvainecompany.com/index.php/component/content/article?id=71#n020

Scrubber/Adsorber/Biofilter World Markets, click on: http://home.mcilvainecompany.com/index.php/component/content/article?id=48#n008

Sedimentation/Centrifugation World Markets, click on: http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/119-n005

Ultrapure Water World Markets, click on: http://home.mcilvainecompany.com/index.php/component/content/article?id=71#n029

Industrial Valves: World Markets, click on: http://home.mcilvainecompany.com/index.php?option=com_content&view=article&id=71#n028

Water and Wastewater Treatment Chemicals: World Market, click on:http://home.mcilvainecompany.com/index.php/markets/27-water/449-n026-water-and-wastewater-treatment-chemicals