QYR Market Research Global fuel polishing carts market research | Page 3

QYResearch
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.
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.
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