China’s Intensifying War on Air Pollution Stimulates the HVAC Filter Market, Finds Frost & Sullivan

Опубликовал в блог Обзоры от Frost & Sullivan
High competition from local players compel global participants to target niche applications

Shanghai, China – Severe spells of haze-smog and concerns that the particulate matter in China is well above the approved limit of 35 micrograms per cubic meter have prompted the Government to issue new air quality standards. These standards are aimed at protecting and improving the environment as well as quantitatively analysing atmospheric environmental pollution. The stringent standards and legislations will have a direct impact on the revenue growth of the heating ventilation, air conditioning (HVAC) air filters market, especially in the high-end segment.

New analysis from Frost & Sullivan, Chinese HVAC Filter Market (www.frost.com/sublib/display-report.do?id=MBBE-01-00-00-00&src=PR), finds that the market earned revenue of $840.0 million in 2014 and estimates this to reach $1.62 billion in 2022, at a compound annual growth rate of 8.5 percent. In this research, Frost & Sullivan's analysts thoroughly examine the market segments of standard filters, high efficiency particulate air filters (HEPA), and gas phase filters.

For complimentary access to more information on this research, please visit: http://corpcom.frost.com/forms/CHN_PR_JZheng_MBBE_02March16

Due to the continued transfer of worldwide manufacturing to China, the industrial sector is also one of the biggest polluters as well as adopters of air filters. The most lucrative markets are electronics, especially semiconductors and flat panel display (FDP), and pharmaceutical manufacturing. Meanwhile, the standard and gas phase segments will get a boost from the sizeable growth in the commercial and residential buildings segment.

“As a result of the vast market demand, the competitive landscape in China has been changing, with local manufactures gaining market share over international participants,” saidFrost & Sullivan Energy & Environment Research Analyst Gautham Gnanajothi. “As the air filter market in China is price driven, the global majors have been forced to develop new pricing strategies.”

The impact of this price pressure is felt mostly in the affordable low- and medium-efficiency filters segment, where price is a key purchasing criterion. In the high-efficiency filter segment, the price is based on the media used. Some manufacturers, mostly local, source the filter media locally, which enables them to offer economical products.

Further, the variation in price depends on the region and the intensity of competition there. For instance, the price decline over the past couple of years has been steep in South China and East China, as there are more numbers of manufacturers and therefore, competition, in those regions.

“To stave off the competition from local participants and gain an edge in the market, it is critical to target niche applications such as nuclear or biological clean rooms, which have stringent requirements,” noted Gnanajothi. “In due course, the competition from local participants will reduce, mainly for high-end filters, as certification requirements, national standards, legislation and regulations are becoming stringent.”

Manufacturers need to constantly take initiatives to educate end users on the benefits of their innovative technologies. These efforts and frequent innovations will go a long way in sustaining the rapid growth of the HVAC filter market.

Chinese HVAC Filter Market is part of the Building Management Technologies (ww2.frost.com/research/industry/environment-building-technologies/building-management-technologies) Growth Partnership Service program. Frost & Sullivan’s related studies include: Transformational Trends in the Global Building Energy Management Solutions Industry, European HEMS and BEMS Market, Global Smart Gas Meters Market, Global Demand Response Trends, and Beijing Data Center Services Market Analysis. All studies included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.
·        The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
·        The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.
For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organisation prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?
0 комментариев RSS
Нет комментариев
Только зарегистрированные и авторизованные пользователи могут оставлять комментарии.