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| Countries covered: China Demand for filters in China is projected to rise 13.5 percent yearly to ¥66.2 billion in 2014, supported by rapid growth in motor vehicle and other transportation equipment production and stocks, and government policies that promote energy conservation and emissions reductions. Growth in manufacturing output, building construction spending and urbanization of the population as industrialization efforts continue will also all fuel demand for various types of filters. As income levels grow, more people in China will be able to afford home water and air purification equipment. Moreover, increasing demand for higher quality and extended life filters will boost overall market value. Please Note: Freedonia requires that, for PDF orders, clients sign a confidentiality agreement prior to fulfillment of PDF email delivery. |
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