Companiesandmarkets.com

China air purifiers market: 34% CAGR forecast between 2013-2018

Press Release   •   Jul 16, 2013 11:52 BST

The China air purifiers market is expected to grow at the compounded annual growth rate of around 34% during 2013-2018. The industrial and commercial segments are likely to remain the major drivers for the industry; however the share of residential sector is set to rise. The air purifier's available in the Chinese market are based on HEPA, Activated Carbon, Electrostatic Precipitators and Ozone based technologies. The Northern and Eastern regions of China are the largest contributors of environmental pollution. Beijing, and Shanghai are the country's most populous cities accounting for excessive pollution. These metropolitan cities of China are covered with thick smog, which makes the environment extremely unhealthy.

China is known as the world's engine for manufacturing where almost every kind of product starting from heavy engineering to a small needle is manufactured. With these capabilities Chinese economy has certainly flourished over the years but has also resulted in some long term negative effects. One such effect has been increasing air pollution which has increased the number of patients suffering from air borne diseases, these developments has raised alarms among Chinese authorities which has started spreading awareness about harmful effects of air pollution and how to control it. One of the best known solutions for air pollution control is the emergence of air purifiers in Chinese households. The increasing transportation and industrialization activities are resulting in degradation of air quality. The increasing air pollution and the need to combat its ill effects are significantly contributing to the demand for air purifiers in China.

For more information on the China air purifiers market, see the latest research: China Air Purifiers Market Research

Follow us on Twitter @CandMResearch


Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.