Machinery Sector to Drive Demand for Nearly ¥10 Billion in Pneumatic Products

China’s rapid development in agriculture, water conservancy, energy, transportation, ICT, construction, and environmental protection is driving massive demand for mechanical equipment.
As industrial and automation levels rise, these machines require large volumes of high-performance, reliable hydraulic, pneumatic, and sealing components.
Preliminary estimates indicate that total domestic demand for hydraulic, fluid power, pneumatic, and sealing products will grow from ¥20 billion in 2005 (with $900M imports, $300M exports) to approximately ¥35 billion by 2010 (with $1.5B imports, $500M exports).
Breakdown:
• Hydraulic products: ¥10B → ¥20B
• Fluid power (hydrodynamic): ¥1B → ¥2B
• Pneumatic products: ¥3B → ¥5B+
• Sealing products: ¥3B → ¥7B