Global demand for filters to exceed $58 bn in 2013

摘要

GLOBAL demand for filters is forecast to expand 5.1 per cent per year to $ 58.3 billion in 2013. Market advances in the Africa/ Mideast region, developing parts of the Asia/Pacific region, Eastern Europe and Latin America will considerably outpace increases in the US, Western Europe and Japan. Product sales in developing areas will be driven by healthy economic growth, ongoing industrialisation efforts and rising per capita incomes, all of which will bolster manufacturing output, building construction spending, and motor vehicle and internal combustion engine (ICE) motorcycle ownership levels.