technological innovation

• With the application of emerging technologies such as nanotechnology and electronic filtration technology, the filtration efficiency and

 environmental protection performance of air filters have been significantly improved, driving the industry to develop in a high-end and intelligent direction.

market growth

• According to Global Info Research, the global air filter market size will reach RMB 572.637 billion in 2023 and is expected to reach 

RMB 854.224 billion in 2029, with a compound annual growth rate of 6.6%.

• China's air filter market size will be RMB 127.698 billion in 2023. With the economic growth and urbanization process in China and 

other emerging markets, the demand for air filters will grow rapidly.

Industrial transfer and regional distribution

• The world's filter industry is gradually shifting to China, and five major industrial clusters have been formed in China: the Pearl River

 Delta in Guangdong, Shanghai, Bengbu in Anhui, Qinghe in Hebei, and Ruian in Zhejiang.

• The filter industry in Qinghe, Hebei and other places is mature, has its own exhibitions and a complete ecology, and has advantages

 in terms of cost and price.

Impact of policies and regulations

Strict environmental protection policies and regulations issued by governments of various countries have prompted enterprises, 

institutions and households to use environmental protection equipment such as air filters, promoting the development of the filter market.