Demand for water treatment products in China to exceed 34 billion Yuan in 2010.For Immediate Release
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Demand in China for water treatment products--chemicals, equipment and supplies--is projected to increase 14.1 percent per year to [yen]34 billion in 2010. For nearly every product and every market, growth will be faster in China than in any other industrialized in·dus·tri·al·ize
v. in·dus·tri·al·ized, in·dus·tri·al·iz·ing, in·dus·tri·al·iz·es
1. To develop industry in (a country or society, for example).
2. nation. This is due in large part to the continued economic expansion in China, which is currently unparalleled elsewhere in the world and creates growth in demand for industrial water treatment chemicals and other products. These and other trends are presented in Water Treatment in China, a new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.
A number of other factors will also contribute to a large and fast-growing market for water treatment in China. Until recently, water was not well-managed by the government, and water usage was fairly indiscriminate in·dis·crim·i·nate
1. Not making or based on careful distinctions; unselective: an indiscriminate shopper; indiscriminate taste in music.
2. . As a result, China still uses much more water to produce a ton of paper or steel than do the industrialized nations of Western Europe Western Europe
The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). , the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. and Japan. Industrial users had generally discarded wastewater in the most expeditious ex·pe·di·tious
Acting or done with speed and efficiency. See Synonyms at fast1.
ex manner without regard for short- or long-term environmental impact. Water supplied by municipal providers has generally been either untreated or undertreated, and water considered "fully treated" is often not safe to drink without first being boiled.
The Chinese government Ever since Republic of China founded in January 1st, 1912, China has had several regional and national governments. List
Recently discovered: a newfound pastime.
Adj. 1. newfound - newly discovered; "his newfound aggressiveness"; "Hudson pointed his ship down the coast of the newfound sea" commitment to better water management practices, it is expected that demand for water treatment products will continue to post exceptionally strong gains despite relatively modest changes in industrial and municipal water usage. Gains for nonchemical treatment equipment and supplies are expected to be somewhat faster than for treatment chemicals due to the overall expansion of the water supply infrastructure in China, which will prompt growth for filtration and separation equipment and supplies.
Water Treatment in China (published 06/2006, 238 pages) is available for $4,900 from The Freedonia Group, Inc., 767 Beta Drive, Cleveland, OH 44143-2326. For further details, please contact Corinne Gangloff by phone 440.684.9600, fax 440.646.0484 or e-mail firstname.lastname@example.org. Information may also be obtained through www.freedoniagroup.com.
A limited license to use or reprint reprint An individually bound copy of an article in a journal or science communication information from this news release is granted to you provided attribution at·tri·bu·tion
1. The act of attributing, especially the act of establishing a particular person as the creator of a work of art.
2. for the same--including, if possible, the price of the report--is given to The Freedonia Group, Inc. (Cleveland, OH). We would also appreciate the courtesy of receiving a copy of the article or publication in which we appear.
WATER TREATMENT DEMAND IN CHINA (million yuan) Annual Growth Item 2000 2005 2010 05/00 10/05 Water Treatment Demand 7515 17600 34100 18.6 14.1 By Type: Chemical 2233 4975 9265 17.4 13.2 Nonchemical 5282 12625 24835 19.0 14.5 By Market: Industrial 4229 10050 19470 18.9 14.1 Municipal 3156 7130 13355 17.7 13.4 Residential & Commercial 130 420 1275 26.4 24.9 [c] 2006 by The Freedonia Group, Inc.