Strict environmental regulations drive demand from heavy-polluting industries like mining, manufacturing.
San Francisco, CA (PRWEB) May 11, 2013
In 2013, revenue for the Pollution Treatment Equipment Manufacturing industry in China is expected to total $36.5 billion. Annualized revenue growth over the five years through 2013 is estimated at 30.4%, says IBISWorld.
The robust performance of the Pollution Treatment Equipment Manufacturing industry is largely due to the Chinese government's strong focus on the environmental sector. 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. The two main product segments in this industry are water pollution control equipment and air pollution control equipment for businesses in those sectors, says IBISWorld.
The Pollution Treatment Equipment Manufacturing industry has a low concentration level, with the top four players–China Tianjie, China Datang, Fujian Longking, and Feida Group–accounting for an estimated 14.7% of industry revenue in 2013. Many enterprises in this industry focus on specific product segments, which limits their influence on the industry as a whole and results in a low level of industry concentration, says IBISWorld.
Due to the different development history of different product segments, businesses operating in different segments are are subject to different concentration levels. For example, in the field of electrostatic precipitators, three firms control half of the domestic market; in the water treatment equipment segment, however, industry concentration is very low, says IBISWorld.
For more information, visit IBISWorld’s Pollution Treatment Equipment Manufacturing industry 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
About IBISWorld Inc.
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.