Global Sales Volume Of Fuel Polishing Carts Was About 16371 Units

Fuel Polishing Carts is a device used for fuel polishing. Fuel polishing, or fuel cleaning, is the process of removing water, particulates and contaminates from fuel to ensure that the fuel quality remains in-line with fuel specifications.

Supply and Demand
The fuel polishing carts industry has got a steady positive development in the past five years. From 2012-2017 the average growth rate of global sales of fuel polishing carts is about 4.5%. In 2012, the global sales volume of fuel polishing carts was about 16371 units, while in 2016, the total global sales volume was estimated at 19388 units. As to the market revenue size, the global fuel polishing carts sales revenue was about 23 Million US$, and the figure reached 27 Million US$ by the end of 2016.

Browse Related Reports:
Global Fuel Polishing Carts Market by Manufacturers, Countries, Type and Application, Forecast to 2022

Global (North America, Europe and Asia-Pacific, South America, Middle East and Africa) Fuel Polishing Carts Market 2017

Main Manufacturers
Global fuel polishing carts industry is not very concentrated, as the manufacturing technology is getting mature and mature. Many manufacturers compete in the market; the leading manufactures are Parker, AXI International, Filtertechnik and Reverso. The top 4 manufacturers occupied about 50% of the total revenue market in 2016.

Regional Segment
North America remains the largest market of fuel polishing carts with a market sales share of 47.56% in 2016, followed by Europe, with market share of 28.23%

Market Trend
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area; the future will still have more new investment enter the field. We expect that from 2018-2022, the global fuel polishing carts market scale will have an average growth of 4.14% and in 2022 the market will reach over 35.15 million US$.

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