Chinese air and water monitoring revenues projected to see significant growth
Jan. 6, 2015
NORTHFIELD, Ill. — China is working to correct problems related to its water and air quality, with monitoring requirements moving from “lenient to stringent.”
NORTHFIELD, Ill. — The latest forecast in “The Air and Water Monitoring: World Market,” published by the McIlvaine Company, revealed that by 2019, rapid growth in the air and water monitoring market in China will result in supplier revenues surpassing $5 billion, according to a press release.
In China, smog is a major health problem, the quality of China’s air and water is poor and the potential harm to China’s water and air from construction of new facilities is “greater than the aggregates in any other region of the world,” stated the release.
The release reported that China is quickly moving to correct the problem, and monitoring requirements have moved from “lenient to stringent.”
The Chinese cities of Guangzhou and Shanxi, noted the release, have passed tougher rules pertaining to monitoring requirements than U.S. and EU national regulations.
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