Chinese indoor air quality (IAQ) market should grow from $2.5 billion in 2019 to $3.9 billion by 2024 with a compound annual growth rate (CAGR) of 9.4% for the period of 2019-2024.
This report is confined to covering IAQ issues at residential homes, commercial buildings and light industrial properties, schools and hospitals in China. It does not discuss IAQ issues relevant to heavy industry and manufacturing environments, nor does it cover IAQ issues, practices, equipment and regulations concerning confined spaces or aircraft. It does, however, discuss the equipment and services that are most relevant to private homes, office buildings, retail establishments, schools and healthcare facilities in great detail. The equipment covered includes air cleaners, HVAC equipment, HVAC replacement filters and IAQ instrumentation. Environmental services, such as consulting and remediation and recovery, are also specifically noted.
The report first covers trends and information related to the overall Chinese IAQ market. It then discusses the equipment subcategory of the industry and breaks it down into sections regarding each type of equipment. It then covers the consulting and testing industry subcategory and the environmental services industry subcategory. Technologies, trends, market value and growth are discussed for each subcategory. From there, the report covers the end-use markets, including residential dwellings, commercial buildings, schools and hospitals. Each setting is discussed in detail, including specific contaminants, problems and solutions, as well as the types of equipment and services appropriate to each location. The next section discusses the Chinese IAQ market by both region and city. The final chapter highlights several important market strategies.
- 97 tables - An overview of Chinese market of indoor air quality (IAQ) - Coverage of important products, services, manufacturers, and service providers related to the industry - Information on production technologies and factors influencing demands for IAQ products - Discussion of recent advances in technologies and products within the industry - Insight into regulatory and environmental developments - Profiles of key players in the market, including 3M, Panasonic Corporation of China, Philips (China) Investment Co. Ltd., Samsung(China)Investment Co. Ltd., Sharp (China) Investment Co. Ltd. and Xiaomi Technology Co. Ltd.
The Chinese IAQ market is diverse and contains many subcategories. There is a distinct equipment market within the industry that includes air-cleaning equipment, HVAC equipment, HVAC replacement filters and IAQ instrumentation. There is another subcategory market for IAQ services that includes environmental services such as mold remediation, asbestos abatement and radon mitigation practices, and consulting and testing services.
This report estimates that the Chinese IAQ market stood at a combined $REDACTED billion in 2018. The market is expected to increase only REDACTED% to approximately $REDACTED billion in 2019. The decline is mainly due to the restructuring of the Chinese air cleaner; many new brands entered the booming Chinese air cleaner market with low-quality products between 2011 and 2016. These brands failed when the market became more mature and more competitive and consumers became more informed. Intense competition has also driven down manufacturers’ excessive profits. In early 2016, the retail prices of U.S. and European air cleaners sold in China were REDACTED-times to REDACTED -times that of the U.S., but by the endof 2018, the prices were at the similar levels when excluding the tariff and transportation costs. As a result, the Chinese air cleaner market declined by REDACTED% in 2018 and REDACTED% in 2019, which partially counteracts the strong growth of other IAQ segments.
This market, however, is likely to gain momentum in the next few years. This report forecasts that the Chinese IAQ market will grow at a compound annual growth rate (CAGR) of REDACTED% from 2019 to 2024, reaching $REDACTED billion by 2024, as most of the low-quality air cleaners exited the market in 2018 and 2019, and the whole air cleaner market will return stable growth, although still at a slower rate than from 2011 .and 2016
Table of Contents
Chapter 1 Introduction Study Goals and Objectives Reasons for Doing This Study and Intended Audience Scope of Report Information Sources Methodology Geographic Breakdown Analyst's Credentials BCC Custom Research Related BCC Research Reports
Chapter 2 Summary and Highlights Highlights Fast-Growing Markets Largest Market Segments
Chapter 3 Industry Overview Importance of the Indoor Air Quality Industry and the Chinese Market History of the Indoor Air Quality Industry and Its Current Situation Industry Description IAQ Equipment Indoor Air Quality Consulting Services Environmental Services
Chapter 4 Chinese Indoor Air Quality Market by Product and Service Indoor Air Quality Background General Situation Causes of Indoor Air Quality Problems Effects of Indoor Air Quality Contaminants Factors Driving Indoor Air Quality Industry Growth Chinese Market of Indoor Air Quality Equipment Air Cleaners Ventilation Systems Replacement Filters Indoor Air Quality Instrumentation Indoor Air Quality Consulting Market Indoor Air Quality Environmental Services Market Mold-Remediation Industry Asbestos Abatement Radon Removal Indoor Air Quality Environmental Services Market Indoor Air Quality Consulting Market
Chapter 5 Indoor Air Quality End-Use Applications and Market Potential Residences Pollutants Commonly Found in the Home Residential Indoor Air Pollution and Health Residential Market Commercial Buildings Health Problems and Ventilation Controlling Indoor Air Pollution in Commercial Buildings Commercial Ventilation Systems Problems and Solutions Commercial Indoor Air Quality Market Schools Indoor Air Quality Issues Unique to Schools Importance of Addressing Indoor Air Quality Issues in Schools Indoor Air Pollutants of Concern in Schools Filtration for Improved School Indoor Air Quality School Market Healthcare Facilities Importance of Good Indoor Air Quality in Healthcare Facilities Healthcare Market
Chapter 6 Chinese Indoor Air Quality Market by Region North China North China Indoor Air Quality Product and Service Market North China Indoor Air Quality Market by City East China East China Indoor Air Quality Market East China Indoor Air Quality Market by City Middle China Middle China Indoor Air Quality Market Middle China Indoor Air Quality Market by City South China South China Indoor Air Quality Market South China Indoor Air Quality Market by City Northeast China Northeast China Indoor Air Quality Market Northeast China Indoor Air Quality Market by City Northwest China Northwest China Indoor Air Quality Market Northwest China Indoor Air Quality Market by City Southwest China Southwest China IAQ Market Southwest China Indoor Air Quality Market by City
Chapter 7 Market Strategies Focusing on the Fast-Growing Chinese Market Localization and the China-U.S. Trade War National and Regional Markets Challenges from Homegrown Branding
Chapter 8 Company Profiles 3M 3M DETECTION SOLUTIONS A.O. SMITH. AGCEN BCER BEIJING 352 ENVIRONMENTAL PROTECTION TECHNOLOGY CO. LTD. BLUEAIR BROAN CAMFIL CHINA CARRIER CORP. CLARCOR INC. DAIKIN APPLIED (MCQUAY INTERNATIONAL INC.) FILTRATION GROUP FRIEDRICH AIR CONDITIONING CO. GRAYWOLF SENSING SOLUTIONS GREE ELECTRIC APPLIANCES INC. OF ZHUHAI HALTON CO. HONEYWELL INTERNATIONAL LENNOX INTERNATIONAL LEXY PANASONIC CORPORATION OF CHINA PHILIPS (CHINA) INVESTMENT CO. LTD. SAMSUNG(CHINA)INVESTMENT CO. LTD. SHARP (CHINA) INVESTMENT CO. LTD. SUPOR TESTO THREE PAPAS (SANGEBABA) TRANE TSI INC. WHIRLPOOL CORP. XIAOMI TECHNOLOGY CO. LTD. YADU INTERNATIONAL TECHNOLOGY (BEIJING) CO. LTD