Since China's accession to the World Trade Organization, the country's automotive industry has developed rapidly, driving the rapid development of the filter industry. It is estimated that the total demand for automotive filters in China will increase to 1.16 billion sets in 2020. 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 latest emission standards have been successfully developed and put into mass production. The huge filter market has attracted the attention of many manufacturing enterprises, and domestic and foreign enterprises have joined the increasingly competitive market one after another. Especially, the competition in the after-sales market has become even more intense.
According to the analysis of Qianzhan Industry Network, the main reasons are as follows: First, filters are consumable parts that need to be replaced regularly, so their sales volume in the after-sales market is very large. Secondly, there are numerous manufacturers in China's automotive filter industry, and their scales are generally small. The concentration of brands is very low, and the competition in the after-sales market of filters is particularly fierce.
There are many reasons for the phenomenon of insufficient supply of filters. From a macro perspective, the continuous growth of fixed asset 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. Although the state has repeatedly intensified its macro-control efforts, in the face of the huge base of market demand, the demand volume will undoubtedly be an astonishing figure. In addition, with the continuous expansion of the international market, the export volume of products has multiplied in the past two years. The export value of China's engineering hoists has accounted for 25% of the total sales.
The production capacity of filters is far from keeping up with the growth rate of demand. The president of a well-known foreign filter manufacturer said when talking about the situation of most filter manufacturers: "Customers are queuing up for delivery, while we are struggling with those limited components." We are working hard to solve the bottleneck problems of each manufacturer one by one, so as to make full use of the existing site to produce more products. This phenomenon of supply falling short of demand caused by excessively long supply cycles will continue to plague the market of large-scale engineering filters worldwide, especially in the Chinese market where demand is so strong.
The filter protects the engine by filtering the air, engine oil and fuel entering it, and also improves the engine's working efficiency. It is an indispensable part of a car engine. Given the direct matching relationship between automotive filters and the entire vehicle (or engine), with the rapid development of China's automotive industry and the rapid increase in the number of cars in use, a broad market space has been provided for automotive filters in China.
Qinghe County Dongsen Auto Parts Co., Ltd. is located in Qinghe County, Xingtai City, Hebei Province. It was established in 2024. Although the company was established a short time ago, it has more than 10 years of production experience. We are a manufacturer specializing in the production of air filters, air conditioning filters and oil filters. The filters produced by our factory serve the domestic and foreign markets and have won unanimous praise from customers in Southeast Asia, Africa, South America and other regions.