World Filters market

World Filters to 2013additional power generation and waste incineration
Global demand to rise 5.1% annually through 2013facilities, and the enactment of tougher pollution
Global demand for filters is forecast to expand 5.1control regulations in a number of areas. Sales of fluid
percent per year through 2013 to $58.3 billion. Marketfilters will climb at the next fastest pace, stimulated
gains in the Africa/Mideast region, developing parts ofby growth in nonagricultural water withdrawals as the
the Asia/Pacific region, Eastern Europe and Latinworld economy continues to expand, the
America will considerably outpace increases in the US,implementation of stricter water pollution control
Western Europe and Japan through 2013. Salesstandards and an ongoing trend toward urbanization,
advances in developing areas will be driven by healthyresulting in greater spending for water and
economic growth, ongoing industrialization efforts andwastewater treatment. However, ICE and related
rising personal income levels, bolstering manufacturingfilters will remain by far the largest product segment.
output, building construction spending, and motorDemand for these items will be driven by ongoing
vehicle and motorcycle ownership levels. Stricter andgrowth in the number of motor vehicles and other
better-enforced environmental and product purityICEpowered equipment in use (most notably in
rules in a number of these countries will alsoChina), further increases in motor vehicles output and
contribute to increases in filter demand, as will newclimbing demand for products like cabin air and diesel
household formations and additional populationparticulate filters.
growth. China will post the biggest gains of anyConsumer, utility markets to outpace transportation
national market, with sales growth also expected toTransportation equipment represents the largest
be strong in India and Russia, as well as insingle market for filtration products, but the
lower-volume markets like Indonesia, Turkey, Iran,consumer and utility markets will grow somewhat
South Africa and Brazil. ( )more quickly through 2013. Consumer product sales
Product demand will climb at a more moderate rate inwill be fueled by concerns about the quality of indoor
developed nations, fueled by generally favorableair and drinking water supplies, population growth in
economic conditions, higher income levels and therural and semi-rural areas where municipal supplies are
implementation of more stringent environmentalnot available, and rising per capita incomes in most
standards, boosting associated filter sales.parts of the world, helping make consumer filters
Nevertheless, these mature markets will remain themore affordable. Utility filter market gains will be
most intensive users of filters in per capita terms inspurred by growing global demand for water and
2013, reflecting the advanced nature of theirelectric utility services, leading to the construction of
economies, as well as the large numbers ofnumerous new power plants, water and wastewater
filter-containing equipment in use, supportingtreatment facilities, and waste incinerators. Suppliers
substantial aftermarket filter demand.of transportation equipment filters will benefit from
Air purification filters to register strongest salesan expansion in the overall number of motor vehicles,
Air purification filters will register the strongest salesmotorcycles and other transportation equipment in
increases through 2013. Demand will be spurred byuse, as well as from further growth in transportation
rising manufacturing and mining activity, a worldwideequipment production.
trend toward urbanization, the construction of