China's centrifugal pump market in China is worth approximately RMB 30 Bn as of year-end 2011, according to a recent report by GCiS China Strategic Research.The growth of low pressure centrifugal pump sales is surging at 15%, while the high pressure market is experiencing a more modest 5%. This is due to heavy levels of sustained investment on water projects nation wide by the PRC government.
Research and Markets: China's Centrifugal Pump Market to Continue Growing at an Expected 11% Growth Rate to a Total Size of RMB 50 Bn By 2016
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