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What do Key Manufacturing Hubs Mean to the $700 million High-purity Water Treatment Equipment Market

The global market for water and wastewater treatment equipment in the pharmaceutical industry estimated to reach $1.25 billion in 2017

 
Oct. 25, 2011 - PRLog -- Frost & Sullivan: India and China Key Manufacturing Hubs for Generic Drugs–What does this Mean to the $700 million High-purity Water Treatment Equipment Market?

The global market for water and wastewater treatment equipment in the pharmaceutical industry estimated to reach $1.25 billion in 2017

MOUNTAIN VIEW, Calif. – Oct. 25, 2011 – North America and Europe have traditionally been the major pharmaceutical producers. However, in recent years, because of increased demand from the local population and low production costs, new markets such as India, China, Brazil and Russia, among others, have emerged.

The growing pharmaceutical infrastructure in these emerging markets is spurring the demand for high-purity water systems, creating opportunities for water management companies. In addition, many developed and developing nations are imposing stringent effluent standards on the wastewater discharged from drug manufacturing facilities in order to prevent contamination of water streams.

New analysis from Frost & Sullivan’s (http://www.frost.com) Global Water Market Outlook: Strategic Analysis of Water and Wastewater Management in the Pharmaceutical Industry research finds that the market for water and wastewater treatment equipment in the pharmaceutical industry earned revenues of $0.69 billion in 2010 and estimates this to reach $1.25 billion in 2017.

If you are interested in more information on this research, please send an email to Britni Myers, Corporate Communications, at britni.myers@frost.com, with your full name, company name, title, telephone number, company email address, company Web site, city, state and country.

“The most important factor driving growth is the emergence of Asian countries such as India and China as key manufacturing hubs for generic drugs and active pharmaceutical ingredients (APIs),” said an Environmental Industry Analyst of Frost & Sullivan. “India has more than 100 Food and Drug Administration (FDA) approved drug manufacturing facilities—the highest for any country outside the U.S.”

The Asian market for water and wastewater treatment equipment in the pharmaceutical industry is expected to grow at a compound annual growth rate (CAGR) of 16.5 percent from 2010 to 2017. North American and European pharmaceutical companies are outsourcing certain portions of the drug production process to Asian countries, keeping their own focus more on research and drug development. This move could reduce the number of pharmaceutical production facilities in these regions in the future.

“In North America and Europe, the replacement and refurbishment segment is anticipated to offer more potential,” said the Industry Analyst. “With many countries in these regions outsourcing their operations to Asian countries, the water and wastewater treatment equipment market in these areas is expected to grow at the rate of around 5 percent to 6 percent annually.”

In North America and Europe, effluent discharge standards for pharmaceutical production facilities are set to become more stringent in the future.

“Strict effluent discharge standards will force pharmaceutical production facilities to adopt advanced treatment technologies and also focus on sustainable technologies that would facilitate the generation of energy from their wastewater,” said the Frost & Sullivan Industry Analyst. “This would enable them to reduce the operational costs associated with wastewater treatment plants.”

Global Water Market Outlook: Strategic Analysis of Water and Wastewater Management in the Pharmaceutical Industry is part of the Environmental Growth Partnership Services program, which also includes research in the following markets: Global Water Market Outlook: Strategic Analysis of Water and Wastewater Management in the Power Industry; Growth Opportunities in the Polish Waste Management Market; Western European Water and Wastewater Utilities Market; and European Waste Recycling Market; among others. All research included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Global Water Market Outlook: Strategic Analysis of Water and Wastewater Management in the Pharmaceutical Industry
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Contact:
Britni Myers
Corporate Communications – North America
P: 210.477.8481
F: 210.348.1003
E: britni.myers@frost.com

http://www.frost.com

# # #

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

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Tags:Generic, Drug, High, Purity, Water, Treatment, Wastewater, Equipment, Producer
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