Automotive Oil Filter Market, By Fuel Type (Gasoline, Diesel), By Filter Type (Fuel Filter, Engine Oil Filter, Hydraulic Filter and Others (Coolant Filter, Etc.), By Vehicle Type (Passenger Vehicles, Commercial Vehicles), By Sales Channel (OEMs, Aftermarket), By Region (North-America, Europe Asia Pacific, Latin America, Middle East & Africa).
Automotive filter prevents the entry of dirt particles such as pollens, exhaust fumes, bacteria, and others into the carburetor and engine. This minimizes the air pollutants emitted by vehicles, reduces the maintenance cost, and extends the service life of the vehicle. The government and emission bodies have laid stringent emission laws for the vehicles, which emit hazardous gases such as hydrocarbons (HC), nitrogen oxide (NOx), carbon monoxide (CO), and others.
By filter type, the oil filter market is expected to hold highest market share over forecast period
Automotive Oil Filter Market is segmented into fuel type, filter type, vehicle type, end user, and region. By filter type, the oil filter market is expected to hold highest market share over forecast period in comparison with the fuel filter, which can be reasoned that the oil filters being a critical part of an engine, needs frequent changing than the fuel filters.
By fuel type, gasoline segment held 64% market share in 2019 and is expected to keep its dominance over forecast period.
Globally, every year, the passenger cars produced are predominantly equipped with gasoline powertrain, owing to the technological advancements such as turbochargers and production of ultra-low sulfur diesel.
Geographically, APAC held the 36% market share in 2019 and is expected to keep its dominance over forecast period.
Asia-Pacific region comprises countries such as China, India, and Japan. The region is dominated by developing countries like India, Japan and China, where the automotive industry is growing at a rapid pace.
Some of the key players operating in this market are Mann+Hummel, Affinia Group, Ahlstrom Corporation, Fram/UCI, Cummins Inc., Sogefi SpA, Donaldson Co. Inc., Mahle GmbH, Clarcor Inc., and Denso Corporation. By using various organic and inorganic growth strategies such as merger and acquisition, expansion, joint ventures and patent these players are increasing their regional presence and business operations.
Maximize Market Research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the Global Automotive oil filter market. The report encompasses the market by different segments and region, providing an in-depth analysis of the overall industry ecosystem, useful for making an informed strategic decision by the key stakeholders in the industry.
Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the Global Automotive oil filter market. The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain Global Automotive oil filter market positioning of competitors.
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