San Francisco, CA (PRWEB) November 17, 2012
In 2012, revenue for the Pollution Treatment Equipment Manufacturing industry in China is expected to total $24.8 billion, with annualized growth of 31.3% over the past five years. The government has imposed strict environmental protection regulations on the agricultural, mining, manufacturing and construction sectors to reduce the negative effects of China's rapid economic progress on the environment. This has contributed to the rapid development of this industry in the past five years and will continue to drive industry growth over the next five, says IBISWorld.
The Pollution Treatment Equipment Manufacturing industry has a low concentration level, with the top four players, China Tianjie, Datang, Fujian Longking and Feida Group, accounting for less than 20% of industry revenue. Many enterprises in this industry focus on specific product segments, which limits their influence on the industry as a whole. The two main product segments in this industry are water pollution control equipment and air pollution control equipment. For electrostatic precipitators (a type of air cleaner), three firms dominate the domestic market. In the water treatment equipment segment, however, industry concentration is very low.
The Chinese government encourages the development of large environmental protection corporations to enhance the development of the Pollution Treatment Equipment Manufacturing industry. As the top enterprises in this industry gain more government financial and policy support, the industry concentration level will increase, resulting in several large domestic environmental protection equipment manufacturers with international competitiveness. Improving living standards will also positively affect the development of the industry, especially in terms of demand for consumer products such as indoor air pollution control equipment and noise pollution control equipment.
For more information, visit IBISWorld’s Pollution Treatment Equipment Manufacturing in China industry report page.
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IBISWorld Industry Report Key Topics
Businesses in the Pollution Treatment Equipment Manufacturing industry in China are mainly engaged in the manufacture of equipment used for environmental protection, including environmental pollution control, the processing of waste materials and the recycling of industrial materials.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
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Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.