NEWS RELEASE                                                                                                    JANUARY 2015

Asia Will Be Leading Cartridge Purchaser By 2019

Sales of liquid cartridges in Asia will reach $6.6 billion by 2019 and account for 36 percent of all cartridges.  This is the conclusion reached by the McIlvaine Company in Cartridge Filters: World Market.

Cartridge Revenues ($ Millions)

A decade ago Asia represented a small portion of the market.  However, its growth has surpassed the other regions for the following reasons.

• Rising incomes and demand for pure water has greatly increased residential and commercial use of point-of-entry as well as point-of-use filters.
• The expansion of coal-fired power has generated large investments in boiler feedwater and cooling tower filters.
• The rise to dominance of semiconductor, photovoltaics and flat panel manufacturing has led to big expenditures in ultrapure water filters.
• Even though Asia still trails in proprietary drug manufacture, the substantial increase in generics production makes it a significant market.
• The large numbers of consumers and the demand for purity has caused rapid growth in filters for the food and beverage industry.
• The chemical industry in Asia has grown and will continue to grow at a faster pace than ROW.
• Refinery construction in Asia has and will continue to be growing faster than other areas.
• Pulp and paper production in Asia will continue to outstrip ROW.
• Development of Asian manufacturing facilities by international suppliers has reduced Asian imports and increased exports.
• The coal-to-liquids and coal-to-gas investments promise to ensure growth of cartridge sales in the next five years.

For more information on Cartridge Filters: World Market, click on:   http://home.mcilvainecompany.com/index.php/markets/2-uncategorised/117-n024