Expansion of the Global Liquid and Gas Filtering and Purifying Equipment Industry is Forecast to Reach 4.0% P.A.

Date: 2015-08-12

“The expansion of the global liquid and gas filtering and purifying equipment industry is forecast to reach 4.0% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 7.2%. Currently, water filtering and purifying equipment accounts for 12.1% of the global demand while the remaining market share is divided between other beverage filtering and purifying equipment (0.5%), petrol and oil filters for internal combustion engines (11.1%), other liquid filtering and purifying equipment (15.8%), intake air filters for internal combustion engines (4.7%), other gas filtering and purifying equipment (30.4%) and parts for liquid and gas filtering and purifying equipment (25.3%).

China, Germany, Japan, South Korea and the United States represent the largest liquid and gas filtering and purifying equipment markets while the strongest annual growth is forecast to occur in Bolivia (11.4%), Panama (10.5%), Morocco (10.3%), Philippines (10.3%) and United States (9.4%).”

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