Despite the economic recession, 2009 proved a productive year for the Chinese water and wastewater treatment market. With an increasing daily wastewater treatment capacity of 1.5 million tons and total revenue of about $7.3 billion in the equipment market, the market is set to accelerate in the upcoming years, according to a release issued by Frost & Sullivan. Water giants such as Veolia and Suez, as well as domestic water groups such as Beijing Capital, Beijing Enterprises and Sound Group are all targeted to secure the market by mergers and acquisitions and technology transfer.
With market growth assured, questions arise regarding the details of potential opportunities, Frost & Sullivan said. What will be the focuses for technology innovation and demanding treatment requirement? What is the outlook for regional businesses? In response to these questions and more, Frost & Sullivan has organized a complimentary Web conference titled “Chinese Water Market – The Future of Water for 1.4 Billion People,” to take place on Sept. 9, 2010. Consulting Analyst Jennie Peng will give projective analysis on future market growth opportunities in various industries and regions.
"Tertiary and sludge treatment are expected to emerge from the focus of traditional treatment processes, with mounting opportunities in the water reuse and desalination market," Peng said. "Likewise, the marketability and privatization of the water market will also increase to a new level."
This briefing will aim to benefit multinational water and wastewater treatment companies, national or international engineering, procurement and construction companies, original equipment manufacturers and water investment companies by providing detailed analysis of current market trends and corresponding data.
Source: PR Newswire