Development and Market Pattern Analysis of Filter Industry in China

The filter is used to remove the impurities from the engine oil, fuel and air in order to protect the engine crankshaft and connecting rod movement, the precise couple of fuel injection system and the cylinder liner piston ring from abnormal wear, which is the important fitting of making the engine's economic, power, reliability and emission indicators word order.

 

During the 12th Five-Year Plan period, the domestic automotive industry will grow from super-high speed to a stable, healthy and rapid development stage. The automotive parts will enter into the peak period of rapid development after the rapid development of the whole vehicle. The increase of car ownership, the increase of vehicle production and the transfer of global sourcing to China have brought opportunities to the development of domestic filter industry.


 

China has become an important filter production base in the world, and the trend of world filter industry gradually transferring to China is more and more obvious.

At present, there are more than 1000 filter manufacturers in China. Because of the diversity of product varieties and vehicle filter structures, it can be produced by mass production with high automation as well as by small-batch workshop production with manual operation. Therefore, so most of the production enterprises are small in scale. There are also more than 30 large and medium-sized enterprises, and there are no monopolistic super-large enterprises in the industry.

The fierce competition in the filter market is mainly reflected in the aftermarket. The filter belongs to the quick-wear part of vehicles, which need to be replaced regularly. Therefore, the sales volume in the aftermarket is very large, which directly leads to the number of filter enterprises competing for the aftermarket far more than the matching market.

In addition, China's automobile filter industry has a large number of manufacturers, and the scale is generally small, most of them are manual automobile filter enterprises with incomplete production conditions, backward testing means and small scale. These enterprises basically fail to meet the matching requirements, so they can only compete for the aftermarket.

The fierce competition of enterprises makes the concentration of brands very low in the aftermarket of filters. The market share of the top-five filter enterprises is only 15%. In the matching market, the market share of the top-five filter enterprises reached 40%. Although there is a great demand in the aftermarket of filters. As more and more enterprises enter into this market, in fact, the aftermarket of filters has come into the era of slight profit which it keeps on shrinking.

With the improvement of industrial production capacity, the products of our own brand filter enterprises can not only meet the needs of domestic OEM and after-sales service market, but also have a considerable number of filters exported to Europe, North America, Middle East and Southeast Asia. Judging from the market share of domestic industry, independent brand filter enterprises have certain advantages, but multinational companies occupy an important market position, which almost monopoly the matching market of high-end vehicle filters.

At present, in domestic filter industry, various economic sectors coexist, including state-owned, private, joint venture and wholly foreign-owned enterprises. Most of the enterprises are small and medium-sized ones established for private investment.

 

Market Prospect Trends of Automotive Filters:

With the rapid development of China's automotive industry in recent years, the high-speed increase in car ownership has provided a broad market space for automotive filters in China. In recent years, the rapid development of China's automotive industry has stimulated the market demand for automotive parts.

n 2020, the total market demand for automotive filters in China will increase to 1.16 billion sets. The huge filter market has attracted the attention of many manufacturers, and the competition in the filter industry has become increasingly fierce due to the joining of domestic and foreign enterprises. It is expected that the market will exceed 85 billion yuan by 2020.