Automotive fluid filter market is estimated to reach $1,463.7 million by 2019


Posted November 4, 2015 by Andy1199

According to recently conducted research by MicroMarket Monitor, global fluid filter market is expected to reach $1,463.7 million by 2019. The expected growth rate for this market is 12.2% from 2014 to 2019

 
According to recently conducted research by MicroMarket Monitor, global fluid filter market is expected to reach $1,463.7 million by 2019. The expected growth rate for this market is 12.2% from 2014 to 2019. Global fluid filter market had a market size, in terms of value, of $823.1 million in 2014.

As of 2014, Asia Pacific is estimated to hold the largest share in the global fluid filter market, followed by North America and Europe. The fuel filter segment is estimated to account for the largest share, by value, in 2014 followed by the oil filter segment.

Changing lifestyles and the growing demand for comfort in every aspect of life is giving rise to the invention of various machines, which drives the market for fluid filters. Factors such as increasing vehicle production, stringent emission norms, increasing adoption of personal cars for daily commutes in emerging economies, and small but efficient filters also drive the fluid filter market.
Key players in the Automotive Fluid Filter Market include Cummins Inc. (U.S.), Mann+Hummel (Germany), and Mahle GMBH (Germany).

The statistics and conclusions are given by MicroMarket Monitor Market Research Company.

Read More on Automotive Fluid Filter market analysis, industry trends, segments & forecasts: Report 2019 @ http://www.micromarketmonitor.com/market-report/fluid-filter-reports-2005223948.html

About MicroMarket Monitor:
MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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Issued By MicroMarket Monitor
Country India
Categories Business , Industry , Research
Tags automotive fluid filter market , automotive fluid filter market analysis , automotive fluid filter market forecast , automotive fluid filter market industry trend , automotive fluid filter market trend
Last Updated November 4, 2015