Navi Mumbai, Maharashtra India (PressExposure) July 09, 2007 -- Bharat Book Bureau, a leading market information distributor has put forth a report 'Air Pollution Control in China forecasts to 2010 & 2015' ([http://www.bharatbook.com/detail.asp?id=50019]) China will lead the world in both air pollution control demand as well as air pollution emissions through 2010. Domestic manufacturers of air pollution control products will continue to increase capacities and remain key players in the market through 2010.
Particulate removal equipment and systems to remain the largest and fastest growing product
Demand for particulate removal equipment and systems will rise more than 20% yearly through 2010, with a significant growth in market share expected. The electrostatic precipitator segment will retain the largest market share, but baghouses will see the fastest growth.
Gaseous removal equipment and systems will grow 13.4% per year through 2010, driven primarily by demand from stationary sources, which will continue to account for the major market share through 2010. Demand from mobile sources will increase nearly 11% annually through 2010, primarily driven by Chinaâs rapidly rising stock of motor vehicles.
Opportunities vary by region
Among Chinaâs regions, the Northeast is projected to be the fastest growing air
pollution control regional market, reflecting strong growth in the regionâs air pollution control expenditures. The Central-East, around the Yangtze River Delta, is the largest regional market, accounting for nearly 40 percent of total air pollution control demand, based on the regionâs developed manufacturing industries and large number of coal burning power plants. The second largest regional market -- the Central-South, around the Pearl River Delta -- consumed more than one-fifth of total demand in 2005. The Southwest and Northwest will remain the two most underdeveloped regions.
Utilities sector to post fastest market gains
Air pollution control demand in utilities projects will post the largest gains of any market. Demand will be stimulated chiefly by increased electricity generation from coal burning power plants through 2010, which also account for the major share of the utilities market.
The manufacturing sector will remain the largest market for air pollution control products, with annual growth of 16.5% through 2010. This market will benefit from the strict emissions standards in manufacturing (such as the cement and steel industries). Demand will be further propelled by the Chinese central governmentâs involvement, as the government emphasizes environment protection as an important part of its "Green GDP" campaign in the Eleventh Fifth-Year plan.
The large and rapidly growing Chinese air pollution control market offers immense potential over the forecast period. In order to help you understand the market dynamics in Chinaâs ever expanding economy, Freedonia has published a new industry study that will provide you with the most up-to-date information and analysis you need to plan for your companyâs future in China.
Available for $4900, Air Pollution Control in China provides historical demand data (1995, 2000, 2005) plus forecasts to 2010 and 2015 by product, market and region in China. In addition, this study also considers market environment factors, profiles 35 participants in the industry and evaluates market share data.