Demand for Water and Wastewater Management Solutions from China's Power Plants Intensifying, Finds Frost & Sullivan
05 Mar, 2013, 03:47 GMT
- New market opportunities will arise from the nuclear power sector
SHANGHAI, March 5, 2013 /PRNewswire/ -- China's shrinking freshwater levels have compelled power plants to adopt water reuse and recycling treatment solutions and reduce water consumption, thereby leading to the strong growth of the country's water and wastewater management market. While Eastern China has been the focal point for investments in treatment technology, the growth of the power industry in Central and Southwest China will shift market opportunities to those regions.
New analysis from Frost & Sullivan (http://www.environmental.frost.com), Total Chinese Water and Wastewater Management Market in Power Industry, finds that the market earned revenues of more than $758.0 million in 2012 and estimates this to reach $912.6 million in 2018.
"The steady development of China's coal-fuelled power plants, which require large volumes of water for various processes, along with the expansion of power plants' installation capacity, will drive demand for efficient water reuse & recycling technologies in the short and medium term," said Frost & Sullivan Energy and Environmental Research Analyst Jennie Peng. "The growth of thermal power plants will place emphasis on water recycling and create an addressable market for water and wastewater treatment in the country."
As a result, wastewater treatment equipment suppliers are looking for opportunities in other power sectors such as nuclear power. In fact, China's renewal of its nuclear power development plan, which aims to increase nuclear power capacity to more than 40,000 megawatt (MW) by 2015 and 70,000-80,000 MW by 2020, will boost the adoption of, for instance, desalination technology, as most nuclear power plants are built in coastal areas.
"Supplying these technologies through contract models, where several water-intensive plants can use a standalone water-management system within an industrial park, will become a market trend," noted Peng. "Power plants will also establish framework agreements with large municipalities for the purchase of treated wastewater in the future."
Qualified integrated water and wastewater solution providers offering engineering and support services will encourage plant owners to optimise their water and wastewater treatment units. Integrated solutions and services will also enable the online monitoring of water intake, transportation, treatment and reclamation.
If you are interested in more information on this research, please send an email to Zhenhua Chen, Corporate Communications, at zhenhua.chen@frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.
Total Chinese Water and Wastewater Management Market in Power Industry is part of the Environmental Growth Partnership Service program. Frost & Sullivan's related research services include: China Water & Wastewater Treatment Market, China Membrane Bioreactor Market and China Sludge Treatment Systems Market. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.
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Total Chinese Water and Wastewater Management Market in Power Industry
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Contact:
Zhenhua Chen
Corporate Communications – China
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E: zhenhua.chen@frost.com
SOURCE Frost & Sullivan