Development Trend of Filter Market

The filter industry is in short supply, and its production capacity cannot keep up with the growth rate of demand. However, due to the fact that the filter body is produced according to orders, and the components that are matched with the host are also shipped according to orders, coupled with the impact of the manufacturer's own production capacity, an extension of the supply cycle is inevitable. The insufficient production capacity and shortage of key components are troubling manufacturers and users. So, under the premise of a favorable overall environment, what about the Chinese filter industry?
China's automobile industry has experienced rapid development in the past decade. The automotive filter industry, which is closely related to the development of the whole vehicle, is also thriving. With the gradual expansion of the number and scale of production enterprises, the level of filter technology is also constantly improving. The filter that meets the latest emission standards has been successfully developed and achieved mass production. The huge filter market has attracted the attention of many manufacturing enterprises, and domestic and foreign companies have joined the increasingly competitive market. Especially in the after-sales market, competition is becoming increasingly fierce. With the rapid development of China's automobile industry in recent years and the rapid increase in the number of cars, it has provided a broad market space for automotive filters in China.
There are many reasons that lead to a shortage of filters. From a macro perspective, the continuous growth of fixed assets investment has driven the rapid development of the construction machinery industry, and the expansion of domestic demand has provided the most direct impetus for the market development of large-scale engineering filters. Filters are vulnerable parts in cars that need to be replaced regularly, resulting in a high sales volume in the aftermarket. This directly leads to a much larger number of filter companies competing for the aftermarket than in the supporting market. Filters are vulnerable parts in cars that need to be replaced regularly, resulting in a high sales volume in the aftermarket. This directly leads to a much larger number of filter companies competing for the aftermarket than in the supporting market.
This article is organized by Guangzhou Goodo Filter Co., Ltd.