The development history of filters

The filter industry is in short supply, and its production capacity lags far behind the growth rate of demand. As for foreign brands, the prosperity of the global market has led to a sales increase of approximately 40% for Terex Demag, Liebherr, Manitowoc and other manufacturing companies. However, since the filter bodies have been ordered, Therefore, the production of parts and the matching mainframe are also dispatched according to orders, and due to the influence of the manufacturer's own production capacity, the supply cycle will inevitably be prolonged. The lack of production capacity and the shortage of key components trouble manufacturers and users. So, under the premise of a favorable environment, what about China's filter industry?
According to the "Analysis Report on Production, Sales Demand and Investment Prospect of China's Filter Manufacturing Industry from 2013 to 2017", the data shows that China has entered its tenth year since joining the World Trade Organization in 2001. China's automotive industry has achieved rapid development in the past ten years. The automotive filter industry, which is closely related to the development of the entire vehicle, has also developed along with the wind and water. China's cumulative export of automotive filters reached 58.775 million units, an increase of 13.57% compared with 2010, with a value of 127 million US dollars, an increase of 41.26% compared with 2010.
The market competition is fierce, and the company is turning to support the market
Since joining the World Trade Organization, the rapid development of China's automotive industry has driven the rapid development of the filter industry. It is estimated that by 2020, the total demand for automotive filters in China will increase to 1.16 billion units. With the gradual expansion of the number and scale of manufacturing enterprises, the technical level of filters is also constantly improving. Filters that meet the new emission standards have been successfully developed and have achieved mass production. The huge filter market has attracted the attention of many manufacturing companies, and domestic and foreign companies have also joined the increasingly competitive market. In particular, competition in the aftermarket has become even more intense.
Based on the analysis of the expected production network, the main reasons are as follows: Firstly, filters are consumable parts that need to be replaced regularly, so the sales volume in the aftermarket is very large. Secondly, there are many manufacturers in China's automotive filter industry, but they are generally small in scale and have a very low brand concentration. The competition in the after-sales market of filters is particularly fierce.