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China Filters Market Demand to Grow 14% Annually to 2017
[August 21, 2014]

China Filters Market Demand to Grow 14% Annually to 2017


(M2 PressWIRE Via Acquire Media NewsEdge) Demand to rise 14% yearly to 90 billion yuan in 2017 Demand for filters in China is projected to grow 14 percent per year to 90 billion yuan in 2017. Sales gains will be fueled by growth in the production of motor vehicles and other transportation equipment and rapid growth in the motor vehicle park. Growth in manufacturing output, building construction spending, and other industrial activities will also drive filter sales.



The market for consumer filters will be expanded greatly by urbanization. As personal income levels rise, Chinese residents will spend more on their personal health, leading to more home water and air purification equipment purchases. The aftermarket for filters will also benefit from more widespread knowledge about health and the need to replace filters more frequently.

Complete report is available @ http://www.rnrmarketresearch.com/filters-in-china-to-2017-market-report.html .


Motor vehicles to remain largest filter market Motor vehicles will continue to represent the largest filter market through 2017. Demand will be supported by a growing motor vehicle park, leading to a rapidly developing aftermarket. The manufacturing sector will remain the second largest filter market through 2017, benefiting from increases in manufacturing activity.

Utility filter market gains will be driven by construction of numerous new power plants, water and wastewater treatment facilities, and waste incinerators. Demand for filters in consumer and other markets will be fueled by increasing personal income levels and continued concerns about air and water quality.

Filter shipments are expected to register double-digit gains through 2017. Besides the impact of expanding demand, the continued entry of foreign suppliers into the Chinese market, continued investments by domestic manufacturers, and higher filter prices will stimulate the growth of filter shipments. Imports will continue to account for a sizable share of demand for higher-end filters, though the growth rate is forecast to decelerate.

Buy your copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=205244 .

ICE engine & related filters to remain largest segment Internal combustion engine (ICE) and related filters represented the largest product category of filters in China in 2012 and demand for them will rise more than 15 percent annually through 2017. Although growth of motor vehicle and gas motorcycle production will be slow (compared to historical rates), production gains will still support substantial filter consumption. Filter sales will also be stimulated by robust growth in the stock of motor vehicles and other transportation equipment.

Fluid filtration product sales will be driven by rapid industry development. Fluid power filters are indispensable in producing such products as cement and chemicals. They are also widely used in hydraulic systems, the key energy transfer systems in construction and mining machinery. Demand for fluid filters will be also stimulated by growth in both water and wastewater treatment.

Demand for air filters is expected to grow due to sales gains being fueled by rising output of products equipped with air filters, such as HVAC equipment. Rapid development of industries with air purification requirements will also spur the expansion of the air filter market. Influenced by severe air pollution in China, health concerns will drive consumers to purchase air filtration products.

Company Profiles Profiles for 45 industry players such as Cummins, Donaldson, MANN & HUMMEL, Pall & UFI Filters Additional Information This study analyzes the market in China for filters. The major filter product types are internal combustion engine and related (oil, air intake, fuel, cabin air, and other), fluid (fluid power and other), and air purification (bag, panel, electrostatic, cartridge, and other). The major filter markets are motor vehicles, other transportation equipment, manufacturing, utilities, consumer, and other (which includes markets such as agriculture, construction, mining and other off-road equipment, and medical devices). Membranes are not included in the scope of this study.

All of the national market statistics presented exclude filter demand in Hong Kong and Macau, even though these special administrative regions formally became part of the People's Republic of China during the late 1990s - Hong Kong in 1997 and Macau in 1999. Taiwan, which is economically independent from the rest of China and not under the administration of the central government, is excluded from the scope of this study as well.

Explore more market research reports on engines-motors at http://www.rnrmarketresearch.com/reports/manufacturing-construction/machines-equipment/engines-motors .

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