China Heat Exchanger Market Is Expected to Reach RMB150 Billion in 2020: Acute Market Reports

New Market Research Reports Title “China Heat Exchanger Market Is Expected to Reach RMB150 Billion in 2020: Acute Market Reports” Has Been Added to Report Database.

European Union and the U.S. make up 40% of the market share of heat exchanger in the globe. The new growth of the market concentrates on the BRIC countries, which makes up 30% market share. The market scale of heat exchanger in China was RMB70.6 billion. Petrochemical industry was the biggest market segment, with market scale of RMB22.4 billion.

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It is estimated that the heat exchanger industry will remain 10% to 15% annual growth between 2010 to 2020. In 2015, the industry scale of heat exchanger industry will reach RMB88 billion, which is expected to reach RMB150 billion in 2020.

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In this report, ASKCI will further disclose market potential and commercial opportunities for heat exchanger industry in China. Recommendations will be given at the end of the report to describe the prospect and provide suggestions for strategy making.

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Global and Chinese Food Packaging Machinery Market to 2014: Acute Market Reports

Food packaging machinery is one of the most significant parts of the food packaging industry. In 2014, the market value of global food packing reached to around USD14 billion, and it is expected that it will witness steady growth in next five year. The top five food packaging machinery vendors account for 20%~30% of the global market.

Since the 1990s, although China’s food packaging machinery industry with an annual 20% -30% growth rate, however, due to a late start, lack of technical resources and other reasons, compared with developed countries, technology innovation ability of China’s food packaging machinery manufacturing is very weak.

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Global Automobile Aftermarket To  2015-2020: Acute Market Reports

Chinese automobile market is developing fast and the market size is growing fast in recent years, which the compound annual growth rate of automobile aftermarket exceeds 25%. Base on the statistics showed, national car ownership was 144.75 million by the end of 2014, which is 14.2% increase than previous year. The data shows the annual transaction volume of Chinese automobile aftermarket is about RMB 690 billion in 2014.

Due to China’s current automobile industry structure and needs, the automobile rental, care & beauty, financial services, and other market segments are widely in need. AskCI predicts the proportion of the profits from aftermarket services will rise on automobile sellers’ book; estimates Chinese automobile aftermarket would achieve RMB 1,000 billion in 2016, and approach RMB 2,460 billion by the end of 2020.

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