Monday, December 18, 2017

Top 4 Countries to Generate Around Majority of the Automotive OE Oil & Fuel Filters Market Size, By Value, 2018–2020

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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