Global Automotive Filter Market 2017: Industry Specifications, Latest Trends and Analysis Report


Posted July 5, 2017 by pankaj_kaware

Global Automotive Filter Market 2017: Industry Specifications, Latest Trends and Analysis Report

 
The automotive oil and fuel filter market size is projected to grow at a CAGR of 6.64 % from 2015 to 2020 to reach $1,006.4 Million by 2020.

Automotive engine technologies around the world are becoming increasingly sophisticated, and supplying clean oil and fuel to these complex engines is a critical task. Oil and fuel filters are an integral part of modern automobiles, as they not only purify oil and fuel, but play a key role in engine efficiency and emissions. Stringent emission and fuel efficiency norms enforced by governments and legislative bodies around the world have compelled automotive manufacturers to seek various methods to meet these standards, thereby driving the demand for automotive oil and fuel filters.

The global automotive oil and fuel filter market size is projected to reach $1,006.4 Million by 2020. The automotive oil and fuel filter OE market is primarily driven by rising vehicle production levels and increasingly stringent emission regulations. Alternatively, demand for these filters in the aftermarket is triggered by the growing vehicle parc and increased vehicle miles travelled per year in all countries. Asia-Oceania is estimated to dominate the market, accounting for a market share of about 46% in 2015. China is the key contributor to the oil and fuel filter market in the Asia-Oceania region. The North American automotive oil and fuel filter market is projected to grow at the highest CAGR that is, 7.98% from 2015 to 2020. The European region is witnessing steady growth and is projected to grow at CAGR of 6.27% for the period under study.

The oil and fuel filter aftermarket is estimated to be dominated by diesel oil and fuel filters, with this market estimated to grow at a higher CAGR than the gasoline oil and fuel filter market. The primary reason for this trend is the short service life of diesel filters compared to gasoline filters. As of 2015, the share of replacement (aftermarket) oil and fuel filter in terms of value is estimated to be around 66% of the global automotive oil and fuel filter aftermarket. Filter manufacturers are currently working towards developing filters with increased service life of up to 30,000 kms.

This report covers the market for automotive oil and fuel filters based on filter type (oil and fuel), fuel type (gasoline and diesel), market type (OE and aftermarket), filter media (cellulose, synthetic & laminated, pure glass), vehicle type (passenger cars, LCVs, HCVs, and off-highway), and region (Asia-Oceania, Europe, North America and the Rest of the World). Key manufacturers in the automotive oil and fuel filter market are Mann+Hummel (Germany), Affinia Group (U.S.), Ahlstrom Corporation (Finland), Cummins Inc. (U.S.), Sogefi SpA (Italy), Donaldson Co. Inc. (U.S.), Mahle GmbH (Germany), Clarcor Inc. (U.S.) and Denso Corp. (Japan).
http://www.marketsandmarkets.com/Market-Reports/oil-fuel-filter-market-1262.htm

Competitive Landscape
• Market Share Analysis, Automotive Oil & Fuel Filter Market =
• Leadership Analysis
• Competitive Situation and Trends
• Battle for Market Share: Expansion Was the Key Strategy
• Expansions
• New Product Launches and Developments
• Mergers & Acquisitions
• Agreements, Partnerships, Collaborations, & Joint Ventures
Supply Contracts
Scope of the Report
This research report categorizes the automotive oil and fuel filter market into the following segments and sub segments:
Global Automotive Filter Market
• Automotive Oil & Fuel Filter Market, By Type
o Oil Filter
o Fuel Filter
• Automotive Oil and Fuel Filter Aftermarket
o Vehicle Type
o Fuel Type
o Region

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• Off-Highway Oil and Fuel Filter Market
o Agricultural tractor
 Fuel filter
 Oil filter
o Construction vehicle
 Fuel filter
 Oil filter
• Automotive Oil and Fuel Filter Market, by Media
o Cellulose Media
o Synthetic & Laminated Media
o Pure Glass Media
• Global Automotive Oil and Fuel Filter Market, by Region
o North America
 U.S.
 Canada
 Mexico

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Issued By pankaj
Country India
Categories Automotive
Tags Filter Market
Last Updated July 5, 2017
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