Freedonia study: Asia/Pacific the largest regional market for air and fluid filters




CLEVELAND, OH, January 12, 2017-

Demand for air and fluid filters in the Asia/Pacific region totaled $11.4 billion in 2015, representing the world’s largest regional market.  Because the area is home to both developed and developing economies, air and fluid filter demand tends to vary considerably from country to country.  In general, however, the Asia/Pacific region has a low intensity of air and fluid filter consumption per capita.  China is by far the leading consumer of air and fluid filters, accounting for roughly 45 percent of regional sales in 2015.  Japan, India, and South Korea are the next largest markets, among the top 10 air and fluid filter consumers in the world. These and other trends are presented in Global Air & Fluid Filters Market, a new study from The Freedonia Group, a Cleveland-based industry research firm.

http://www.freedoniagroup.com/industry-study/global-air-fluid-filters-market-3443.htm


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