Demand for filters in China to approach CNY41 billion in 2011

摘要

Demand for filters in China will increase by 14.4% a year up to 2011 when the market will be worth about CNY41 billion, according to the latest study. Filters in China says advances will be stimulated by solid growth in motor vehicle production in China, which will drive demand for both original equipment manufacturer (OEM) and replacement filters. Published by market research firm The Freedonia Group Inc of Cleveland, Ohio, USA, the report says that additional stimulation, for various types of filter, will come from a variety of factors: 1. growth in manufacturing output; 2. spending on the construction of buildings; and 3. the trend towards urbanization of the population.