Filter Market by Filter Type (Oil & Fuel), Fuel Type (Gasoline & Diesel), Vehicle Type (Passenger Car, LCV, HCV, & Off- Highway), Filter Media (Cellulose, Synthetic-Laminated, Pure glass), Market (OE & Aftermarket), & by Region - Global Forecast to 2020
Automotive
engine technologies about the world are becoming progressively sophisticated,
and providing 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.
Browse 93
market tables and 73 figures spread through 208 pages and an in-depth
TOC on “Filter Market by Filter Type (Oil & Fuel), Fuel Type (Gasoline
& Diesel), Vehicle Type (Passenger Car, LCV, HCV, & Off- Highway),
Filter Media (Cellulose, Synthetic-Laminated, Pure glass), Market (OE &
Aftermarket), & by Region - Global Forecast to 2020”
The
global automotive oil and fuel filter industry size is anticipated to reach
$1,006.4 Million by 2020. The automotive oil and fuel filter OE industry is
primarily driven by rising vehicle production levels and increasingly stringent
emission regulations. Alternatively, demand for these filters in the after
industry is triggered by the growing vehicle parc and increased vehicle miles
travelled per year in all countries. Asia-Oceania is estimated to dominate the industry,
accounting for a industry share of about 46% in 2015. China is the key
contributor to the oil and fuel filter industry in the Asia-Oceania region. The
North American automotive oil and fuel filter industry 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 after industry is estimated to be dominated by diesel oil
and fuel filters, with this industry estimated to grow at a higher CAGR than
the gasoline oil and fuel filter industry. 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 (afterindustry) oil and fuel filter in terms of
value is estimated to be around 66% of the global automotive oil and fuel
filter afterindustry. Filter manufacturers are currently working towards
developing filters with increased service life of up to 30,000 kms.
The industry
for automotive oil and fuel filters based on filter type (oil and fuel), fuel
type (gasoline and diesel), industry type (OE and afterindustry), 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 industry 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).
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