Automobile filter market competition towards high end

Filter is one of the most vulnerable parts of auto parts, and the changing frequency is very high. With the rapid development of the automotive industry, the rolling increment of the new year's increment and the social ownership directly drive the demand of automobile manufacturers and consumers to filter, which also promotes the prosperity of China's filter market. But in the economic growth slowed, the automobile structure has undergone profound changes, the key to the "low emission vehicle procurement, lightweight transfer and foreign parts giant invasion situation, driven by competition in the industry towards the end of the filter at the same time, it also poses a serious challenge for the survival and development of the small scale, a single product, technology investment is not enough the filter manufacturers.
At present, China's car ownership has exceeded 130 million units, and by 2020, China's automobile production and sales will continue to maintain rapid growth, with each car replaced at least 5 (2 oil filter, 1 air filter, 1 gasoline and 1 air conditioning filter) demand filter, according to the 2012 2012 120 million car ownership base conversion, the market demand of China's automobile filter in more than 600 million. According to the total consumption amount of 120 yuan of 5 filters, the market size of the filter in China is close to 15 billion yuan in 2012. According to the prediction by foreign authorities, by 2020, China's auto sales will remain above 13%, which means that the number of car owners will further increase. According to the current growth rate of car ownership, China Auto Industry Association predicts that the demand for China's auto filter will reach 1 billion 200 million by 2018. According to the annual demand of 5 cars per vehicle and the consumption amount of 120 yuan, the market size of China's filter will be close to or even exceed 30 billion yuan by 2018.