Pharmaceutical markets increase need for new water & wastewater treatment technologies
North
American pharmaceutical water, wastewater, turnkey solutions, and
operations & maintenance markets look set for growth as
pharmaceutical drug manufacturing practices increase need for effective
water and wastewater treatment technologies and services. Current and
emerging technologies and services must continue to meet regulatory
demands and prepare for upcoming demands caused by ever-changing
manufacturing processes. Partnerships with key drug manufacturers will
enhance effective design, development and implementation of future
technologies and services to address growing needs of the industry.
New analysis from Frost & Sullivan, North American
Pharmaceutical Water, Wastewater, Turnkey Solutions, and Operations
& Maintenance Markets, finds that the market earned revenues of
$344.9 million in 2006 and estimates this to reach $488.3 in 2013.
'The size of the North American pharmaceutical drug manufacturing
industry is the driving force behind the advancement and growth of
emerging treatment equipment, technologies and services,' notes Frost
& Sullivan Research Analyst Eric Meliton. 'Regulatory compliance
issues and the volume of water required and wastewater produced by this
manufacturing segment will continue to drive industry growth.'
Providing compliant, manufacture-grade water and addressing large
volumes of wastewater discharge are key concerns for the North American
pharmaceutical drug manufacturing industry. Treatment equipment
technologies and relevant services are pivotal to improve regulatory
compliance and reduce operating costs. Companies who can properly
address these issues can excel in the North American marketplace.
Effective water and wastewater treatment technologies that address
operational requirements and ensure compliance with various water and
wastewater standards require large investments in design, development
and implementation. The ability to offer turnkey solutions and
compliant operations & maintenance services that address the
various needs of drug manufacturers is an additional challenge.
'With competition levels likely to increase through 2013, it is
important for key vendors and service providers to create partnerships
with North American Tier I and Tier II pharmaceutical drug
manufacturers,' says Meliton. 'For current and emerging companies in
this industry, products and services must be designed and implemented
to address the regulatory standard requirements, while keeping
operating costs affordable in the future.'
Moving forward, participants in the North American pharmaceutical
water, wastewater, turnkey solutions, and operations & maintenance
markets must anticipate dynamic regulatory requirements and demands of
the pharmaceutical drug manufacturing industry to properly address
treatment demands. A unique and beneficial partnership can be created
by the enticement of drug manufacturers to work hands-on in design,
development and implementation stages of treatment technologies.
North American Pharmaceutical Water, Wastewater, Turnkey Solutions,
and Operations & Maintenance Markets is part of the Environmental
Growth Partnership Service program, which also includes research in the
following markets: Strategic Assessment of Water and Wastewater
Treatment Requirements for the Canadian Oil Sands Markets, United
States Water and Wastewater Treatment Opportunities Analysis –
Southwest Regional Analysis and North American Markets for Water
Treatment in the Power Industry. All research services included in
subscriptions provide detailed market opportunities and industry trends
evaluated following extensive interviews with market participants.
Interviews with the press are available.
Contact information | n/a |
---|---|
News type | Inbrief |
File link |
http://www.environmental-expert.com/resulteachpressrelease.aspx?cid=6635&codi=32974&loginemail=jauad.el-kharraz@semide.org&logincode=151743 |
Source of information | Frost & Sullivan |
Subject(s) | ANALYSIS AND TESTS , CHARACTERISTICAL PARAMETERS OF WATERS AND SLUDGES , DRINKING WATER , DRINKING WATER AND SANITATION : COMMON PROCESSES OF PURIFICATION AND TREATMENT , PREVENTION AND NUISANCES POLLUTION , SANITATION -STRICT PURIFICATION PROCESSES , WATER QUALITY |
Geographical coverage | International |
News date | 19/06/2008 |
Working language(s) | ENGLISH |