Published Date: 2020-01-30 | Pages: Ongoing | Tables: Ongoing | Report ID: 8291 | Industry: Chemical & Material |
Format :
Automotive Oil Filters are gaining immense traction in commercial as well as passenger vehicles. This is accredited to increased need to reduce fuel consumption and carbon emissions. Manufacturers are constantly involved in technological advancements so as to improve the overall engine performance and meet the growing demand of the end users.
Concerns over Vehicle Emission to Increase the Need for Automotive Oil Filter
Stringent government regulations on the reduction of carbon emission are expected to positively impact the growth of the Automotive Oil Filter market. Growing production and sales of vehicles is creating robust demand for Automotive Oil Filter. Benefits associated with the usage of Automotive Oil Filter including smooth operation of the vehicles, improved fuel efficiency, and reduced carbon emission are driving its demand among the end users.
Manufacturers to Take up Extensive Research and Development in Coming Future
Key companies profiled in the report include UFI Filters SpA, Donaldson Company Inc., Cummins Inc., Freudenberg & Co KG, FRAM Group IP LLC, Robert Bosch GmbH, K & N Engineering Inc., Mahle Group, Mann Hummel GmbH, Sogefi SpA, Denso Corporation, Hollingsworth and Vose Company, Hengst.SE. & Co. KG, Mann Hummel GmbH, Champion Laboratories Inc., Sogefi SpA., Alco Filters ltd., K&N Engineering Inc., and Ahlstrom Corporation.
Manufacturers are focusing on research and development to enhance the product’s efficiency and meet the growing requirements of the end users. Also, they are expanding their distribution networks and collaborating with other companies with an aim to widen their customer reach.
Market Segmentation
By Filter Type
● Hydraulic Filter
● Fuel Filter
● Engine Oil Filter
● Others
By Sales Channel
● OEM
● OES
● IAM
By Vehicle Type
● Heavy Commercial Vehicle
● Off Road Vehicle
● Sports Vehicle
● Lawn Mower
● Passenger Cars
Usage of fuel filters is anticipated to augment in the vehicles as it helps in enhancing the engine performance and is inexpensive in cost. The researchers have anticipated that the demand for Automotive Oil Filter could witness a rise in the heavy commercial vehicles as they require constant air supply for sooth functioning. The report has also provided the readers with an exhaustive analysis of the sales channel of Automotive Oil Filter including OEM, OES, and IAM.
By Region
Increasing adoption of Automotive Oil Filter to comply with the emission standards is driving the Automotive Oil Filter market in North America and Europe. Asia Pacific is also not falling back. It is estimated to emerge as a key regional market in the years to come on account of robust growth of the automobile industry and surge in the sales of the vehicles. Moreover, increasing government initiatives in the region to curb carbon emission is presenting growth opportunities for the Automotive Oil Filter market.
The chemicals and materials sector has been witnessing an exponential rise in the past few years. The industrial boom and infrastructural growth across the globe has had a positive impact on the chemical and materials industry. Chemicals are an integral part of many industries, which, over the years, have created lucrative opportunities for players. Similarly, materials are an indispensable part of myriad industries. The rise of the chemicals and materials sector has been mapped by QYR Consulting through exhaustive research reports.
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