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Water Pollution Control in China Industry Research Report Now Available from IBISWorld(January 30, 2013)
San Francisco, CA (PRWEB) January 30, 2013
Revenue for the Water Pollution Control industry in China is expected to total $890.7 million in 2012, says IBISWorld. In the five years through 2012, industry revenue has been increasing at an annualized rate of 16.2% due to strong and increasing demand from private firms and the government.
Demand for the Water Pollution Control industry comes mainly from local governments responsible for handling rising levels of pollution in inland waters and underground water, says IBISWorld. When the government's $586-billion economic stimulus package launched in late 2008, major investments were planned for environmental protection projects, especially water pollution control projects. In October 2011, after the Plan of Underground Water Pollution Prevention and Control (2011 to 2020) was issued, about $5.4 billion was set aside for the control of underground water pollution.
The greatest water pollution control problem in China is the difficulty in restricting pollutant discharges from polluting enterprises. Although environmental protection regulations exist, the implementation of laws and imposition of penalties tends to be weak in practice. Another problem is that local governments are not motivated to sufficiently to address pollution issues under the current GDP-oriented assessment system for political achievements of officials. The third problem is a lack of collaboration between different local governments, especially for cross-regional water pollution.
The combined market share of the four largest companies in this industry
Foxin Aijian River Control, AquaMats Holding, Shanghai Shunyu Environmental Protection Engineering Technology, and Yanghang Maintenance is expected to be 10.4%. The low concentration level reflects the small size of most of the enterprises in this industry; very few have developed dominating advantages in niche or local markets. Industry concentration is expected to increase steadily in the future, with the further development of larger players in the industry. The entry of large foreign players, which is welcomed by the Chinese government, is also expected to result in increased concentration levels, says IBISWorld.
For more information, visit IBISWorlds Water Pollution Control in China industry report page.
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IBISWorld Industry Report Key Topics
The Water Pollution Control industry in China is mainly engaged in pollution control and treatment activities concerning inland waters, specifically rivers, lakes, reservoirs, other surface water forms and underground water. Sewage treatment in urban areas, oceanic water pollution control or activities of environmental protection administration are not included in this industry.
Key External Drivers
Industry Life Cycle
Products & Markets
Products & Services
Globalization & Trade
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
About IBISWorld Inc.
Recognized as the nations most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.
Read the full story at http://www.prweb.com/releases/china/water-pollution-control/prweb10351123.htm.
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