By 2020, China's auto production and sales will continue to maintain rapid growth, means that the major market in the automotive aftermarket auto parts enterprises in China, will continue to benefit from the increase in the amount of car ownership brought about by the opportunity. Specific to the filter industry, with the sustained growth of the industry's market will maintain a growth rate of more than 15%, the filter of China's automotive aftermarket will further expand in three years later.
Foreign authority predicts that by 2020 China's auto production and sales will remain more than 13% growth rate, which means that China's car ownership will be further increased. China Automobile Industry Association in accordance with the current growth rate of car ownership forecast, to 2018 China's automotive filter demand will reach 1 billion 200 million. Still in accordance with the requirements of the annual 5 filter per car and the amount of consumption of 120 yuan, the market size of China's filter in 2018 will be close to or even more than 30 billion yuan.