Article Title: Growing demand for filters in China
Publication: Filtration + Separation, 5/6/2011
Freedonia Study: Filters in China to 2014 (2740)
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According to the Freedonia Group report, this demand will be supported by a rapid growth in motor vehicle and other transportation equipment production and stocks, and government policies that promote energy conservation and emission reductions. Motor vehicles will remain the largest filter market in China through 2014, when sales will reach 24.6 billion yuan due to the high volume of air intake, oil and fuel filters sold. Currently, internal combustion engine filters account for the majority of Chinese filter demand and will post the strongest gains at 14% annually through 2014, driven by growth in the production and stock of motor vehicles and other transportation equipment, Freedonia says.
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