Environmental Law Enforces Vehicle Urea Industry or Usher in Growth Period
Heavy truck urea tank
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With the implementation of the national motor vehicle environmental protection regulations, China's automotive urea industry ushered in a period of rapid growth.
China's automotive urea market focuses on four types of heavy trucks, big passengers, China Cards and Zhongke. Which is expected to add 100% need to add vehicle urea solution. According to the average annual consumption of 1.5 to 2 tons of vehicle urea solution per heavy vehicle in Europe, it is conservatively estimated that China consumes 1.5 tons of vehicle urea solution per year for heavy trucks, and the annual consumption of buses is 1.5 tons. Zhongka and China Bus The annual consumption is 0.6 tons. Car urea consumption will exceed 5 million tons in 2018. The corresponding total market for automotive urea solutions exceeds 14 billion yuan.
As of September 2016, urea, the leading brand of vehicle urea, has built 35 urea filling stations nationwide, mainly in logistics parks, maintenance plants, and joint venture gas stations, and the development trend is good. With the popularization of China Five vehicles and the increase in automotive urea industry practitioners, operators who can provide one-stop refueling services will occupy an advantageous position in the market competition. Sichuan Meifengjia Blue Plate, which was involved in the production of urea for vehicles, started in a straight line and rose by more than 6%.