Filters are an integral part of the automotive engines. Automotive filters help to maintain the quality life of vehicles, enhancing efficiencies and providing cleaner air for customers to breathe in. Regulations pertaining to safety of environment, and emission standards provided by regulatory bodies are becoming more severe, which in turn has compelled automobile manufacturers in integrating filters in cars and bicycles.
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Automotive filters are devices composed of filtering materials that remove impurities in engine fluids, and also prevent the entry of contaminants. Based on their functions, a basic categorization of automotive filters includes oil filters, fuel filters and air filters. Fibrous weave, synthetic mesh and semi-permeable membranes are some of the common filtering materials used in production of automotive filters.
Increasing purchasing power of people across the globe, and rapidly expanding automotive industry are expected to boost demand for automobiles, and thereby automotive filters. In addition, increasing adoption of two-wheelers, and soaring sales of passenger cars are other factors influencing growth of the global automotive filter market. A latest report by Fact.MR projects the global automotive filter market to register steady CAGR during the forecast period 2017 to 2022. In terms of revenues, the market is estimated to reach nearly US$ 15,000 Mn in 2017; by 2022 this number is anticipated to surpass US$ 18,000 Mn.
Based on product type, cabin air filter are expected to remain sought-after in the global automotive filter market. Demand for cabin air filters is mainly driven by surging requirement for high efficiency cars, and growing pollution levels across the globe, particularly in urban areas. Sales of cabin air filters are expected to register the highest CAGR in the market during the forecast period. In contrast, sales of oil filter are expected to register the lowest CAGR through 2022. In addition, intake air filters will remain the second most lucrative product in the global automotive filter market.
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Synthetic automotive filters will remain preferred among filter media in the market. Sales of synthetic automotive filters are expected to register an above-average CAGR, to surpass US$ 10,000 Mn in revenues by 2022-end. Revenue from synthetic automotive filters are expected to account for nearly three-fourth share of the market in 2017. Demand for cellulose automotive filters will remain sluggish in the market throughout the forecast period.
Adoption of passenger cars across the globe is witnessing a rapid growth, which in turn has fuelled the demand for automotive filters. High replacement rate of filters owing to the necessity for maintenance of passenger cars will further drive growth of the market. Sales of automotive filters in passenger cars will account for the largest revenues, registering the fastest expansion through 2022. LCVs will continue to be the second most lucrative vehicles for sales of automotive filters. Demand for automotive filters in off-road vehicles and lawn mowers are expected to register the lowest CAGR through 2022.
IAM will continue to be the largest sales channel for automotive filters, with sales estimated to register an impressive expansion through 2022. Sales of automotive filters in IAM are expected to surpass US$ 10,000 Mn by 2022-end. OES will remain the second largest sales channel for automotive filters. Sales of automotive filters in OEM will witness sluggish expansion throughout the forecast period.
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The Global Automotive Filter Market report covers a detailed analysis of the Automotive Filter Market including the various parameters on which the Automotive Filter Market is analyzed such as the product, applications, regions, competition, and many others.
The Global Automotive Filter Market report is prepared keeping in mind the key requirements of the customer, which is to empower them with the information to take on the market.Ask for Sample PDF of report @ http://www.orbisresearch.com/contacts/request-sample/2296132 Each product is analyzed in depth across all parameters which include the market size by value and volume, trends in the market for a particular product, and which is the product with the largest share in the market and which is the fastest growing product, among others.Key questions answered by this report include:Worldwide and Regional Market Size of Automotive Filter 2013-2017, and development forecast 2018-2023Main manufacturers/suppliers of Automotive Filter worldwide, with company and product introduction, position in the Automotive Filter marketMarket status and development trend of Automotive Filter by types and applicationsCost and profit status of Automotive Filter, and marketing statusMarket growth drivers and challengesFor providing the customer with the best view of the competition to handle, the Global Automotive Filter Market report provides an in-depth view of the top players in the Automotive Filter Market.Key players in Automotive Filter Market are;Mann-HummelMahleAffinia GroupDENSOFramSogefiCumminsFreudenbergUFI GroupDonaldsonClarcorBOSCHACDelcoAPEC KOREABengbu JinweiYBMZhejiang universe filterYonghua GroupOkyia AutoGuangzhou YifengTORA GroupBengbu PhoenixDongGuan ShenglianKenleeFoshan Dong FanThe report includes a detailed company profile of the players along with their product portfolio and recent developments in the Automotive Filter Market.
The player’s information is a handy tool for the customers to understand which are the current trends that are being followed in the Automotive Filter Market.Get Full Access with complete TOC @ http://www.orbisresearch.com/reports/index/automotive-filter-global-market-status-and-trend-report-2013-2023 The fastest growing and the leading applications are covered in the report along with the value and volume statistics to elucidate the market trends.A vast portion of the Global Automotive Filter Market report covers the regional analysis of the Automotive Filter Market.
As many players across the globe are forming partnerships and acquiring other companies in specific regions to gain a foothold in the Automotive Filter Market, the regional market analysis comes handy here for the customer to realize maximum gains through planned expansions in lucrative regions.The Global Automotive Filter Market is segmented on the basis of Regions as follows:North AmericaEuropeChinaJapanRest APACLatin AmericaThe Global Automotive Filter Market report further provides a detailed analysis of the Automotive Filter Market through a SWOT analysis, price analysis, marketing channels, and value chain.
Anyone looking to garner information about the Automotive Filter Market for commercial or academic purposes, the Global Automotive Filter Market report presented by Orbis Research is a great value buy.
The various applications analysis along with the detailed analysis of the players in the market together aids the customer in making valuable decisions regarding the direction in which they wish to head towards.Segment by Applications, Automotive Filter Market can be splits into:Passenger carCommercial vehicleThe global Industry Scope of Automotive Filter Market report covers key information about the segmentation of the market in the type of products and their performance.
The new report on the Automotive Filter market provides estimations of the size of the global market and share and size of key regional markets during the historical period of 2012 – 2016.
According to a report by Fact.MR, the global automotive filter market is projected to register a steady expansion at 5.2% CAGR through 2022.
The business intelligence study offers readers a granular assessment of key growth dynamics, promising avenues, and the competitive landscape of the Automotive Filter market.
2012 is considered as the base year and 2022 as the estimation year.Request to View Sample of Report @ https://www.factmr.com/connectus/sample?flag=S_id=33To offer a comprehensive assessment of opportunities, the study makes a scrutiny of growth prospects in various regions.
The key regions comprise the following geographical segments:North AmericaLatin AmericaEuropeJapanAPEJMEAThe detailed assessments focus on, inter alia, on the regulatory and macroeconomic frameworks, prevailing pricing structure, imminent investment pockets, and emerging application areas.
Taking the analysis further, the study helps readers get a better understanding of the trends characteristics of the emerging markets, including government regulations crucial to growth of such markets.
