Eastern Europe boost European Water market, F&S report

Eastern Europe to boost European Water market, F&S report

3:23 PM, 3rd May 2011
Eastern Europe to boost European Water market, F&S report


Frost and Sullivan report and officials predict revenue boost for water and wastewater markets in Eastern Europe.

LONDON, UNITED KINGDOM: A recent report from Frost and Sullivan finds that the European water and wastewater pumps market earned revenues of approximately $ 2 billion in 2010 and estimates this to reach $ 2.6 billion in 2017. 

In contrast, mature economies such as Germany, Italy, France and the United Kingdom are poised to experience decreased demand for new pump installations but higher demand for retrofit and replacement spares, stated the report.

Over the short term, growth is expected to remain insignificant but steady owing to small projects in water treatment. At the same time, European Union policy focusing on energy-efficient motors and drives will boost the water and wastewater industry, as per the report.

“Eastern Europe is anticipated to provide high growth potential for the water and wastewater market. The long term will observe increased investments in water and wastewater infrastructure in Eastern Europe as pump end users shift their manufacturing bases to this region due to their lowered manufacturing costs,” said Ashwin Annareddy, Industry Analyst, Frost and Sullivan.

Pump suppliers from Asia and far East have improved their product offerings and are targeting the European market with attractive pricing. To continue long-term relationships with their existing customers and to generate new demand, European manufacturers have to keep introducing innovative design features, increased pump and motor efficiencies, higher price performance ratio and prompt after-sales service.

(C) WOC News




Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News

Missouri officials receive $ 1.3 million for wastewater improvements

  The department informed that treatment plant operators will use loan for disinfection facilities.  MISSOURI, US: The Missouri Departmen ...

Read more
Aquatech bags recycling project for Mumbai International Airport

  PUNE, INDIA: Aquatech has been awarded a complete turnkey EPC contract for a 10,000 m3/day waste and sewage treatment and recycle project for ...

Read more
Exxon Mobil records a rise in earnings

Earnings were $ 10,650 million, an increase of 69 per cent or $ 4,350 million from the first quarter of 2010 Earnings per share were $ 2.14, an inc ...

Read more
SABIC, Asahi and Mitsubishi to jointly build plant for AN and NaCN

  RIYADH, SAUDI ARABIA: Saudi Basic Industries Corporation, Asahi Kasei Chemicals and Mitsubishi agreed to form a joint venture, to build a plan ...

Read more
Berkshire committee finds David Sokol to have violated trade policies

OMAHA, US: Berkshire Hathaway’s audit committee has considered the conduct of David Sokol in connection with his trading in the shares of Lubriz ...

Read more
Perstorp opens new feed additives plant in India

PERSTORP, SWEDEN: Perstorp has opened a feed additive production plant in Vapi, India, as part of its plan to increase its presence in the Asian feed ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X