NEWS RELEASE MAY 2015
The Pharmaceutical Industry Ultrapure Water (UPW) Purchases to reach $550 Million in 2019
The pharmaceutical industry demands for UPW for injection (WFI) and UPW for cleaning process equipment and other uses will result in purchases close to $550 million in 2019 up from $480 million in 2015. This is the latest forecast in the continually updated Ultrapure Water: World Markets published by the McIlvaine Company. (www.mcilvainecompany.com)
Some major trends are:
- Coal-fired boiler market will level off but at a high level.
- The gas turbine combined cycle market will grow but expenditures for UPW are just 50 percent of those for a coal-fired power plant.
- Semiconductor market will continue growth based on mobile communications and the automobile demand.
- The pharmaceutical industry will remain a major sector and will achieve steadier growth than other segments.
The forecast includes hardware such as filters, piping, pumps and instruments. It also includes consumables such as membranes and ion-exchange resins. In general, the contamination prevention demands are so high that specially designed hardware and consumables are needed.
The largest pharmaceutical growth is coming in Asia where there is a construction boom centered around generic drug manufacture. The major drug companies of the world are building generic production facilities in China, India and other Asian countries.
There are four trends driving the rapid growth in the Asian pharmaceutical UPW market:
- Increasing ability to pay for drugs.
- Low per capita expenditures in the past.
- New focus on health care.
- Tighter restrictions forcing more UPW expenditures per unit of production.
One of the areas of greater investment is in measurement and control. Better instruments to measure contaminants and flow along with software to optimize processes are allowing pharmaceutical plants to achieve better contamination control a reasonable cost. So–called smart pumps and valves which report their condition further the optimization potential.
There are equipment improvements such as electrodeionization and membrane contractors for gas removal. There are consumables improvements such as reverse osmosis membranes which achieve greater efficiency at comparable energy consumption.
For more information on Ultrapure Water: World Markets, click on: http://home.mcilvainecompany.com/index.php/markets/27-water/447-n029-ultrapure-water-world-markets