Automotive Filters Market Size By Product (Air Filter [Intake Filters, Cabin Filters], Fuel Filters, Oil Filters) By Application (Light & Heavy Commercial Vehicles, Two Wheelers, Passenger Cars), By Product (Cabin, Intake), By End-Use (Aftermarket, OEM), Industry Outlook Report, Regional Analysis, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025

Automotive Filters Market Size

Automotive Filters Market size surpassed USD 12.82 billion in 2018 and is poised to grow at around 6.3% CAGR from 2019 to 2025.
 

Automotive filters are designed to help the engine of a vehicle to operate in a smooth manner, for improving the efficiency and reduction of maintenance cost of the vehicle. Filters are used in vehicles for oil purity, fuel purity, air purity, and emission exhaust purity. Their key purpose is to eradicate harmful particulates including dust and metal particles which results in vehicle performance deterioration.
 

Automotive filters maximize flow of clean air in order to minimize engine damage as it requires continuous supply of fresh air for its smooth operations and enhanced life span. High gasoline prices are expected to shift manufacturers focus on reduced fuel consumption. All modern vehicles including light & heavy commercial vehicles, two wheelers, and passenger cars are equipped with different filters for upgradation of power and vehicle efficiency.
 

Shift in consumer preference towards diesel cars for fuel efficiency and necessity to reduce pollutants emission level is the major factor shaping industry dynamics. The automotive filters market growth is attributed to implementation stringent vehicle emissions regulations for reducing GHG emissions. Increased diesel passenger cars and commercial vehicles usage across the globe may lead to high pollution level. Henceforth, automobile manufacturers are investing in new product development to meet technical requirements of the upgraded emission norms.
 

Automotive Filters Market Analysis

Based on products, the automotive filters market is segmented into air, fuel and oil filters. Oil filters are projected to witness significant growth in terms of revenue as they are changed frequently and plays an important role in vehicle lubrication system. These filters protect oil pumps from damage and wear & tear and extending the life of engine oil by removing carbon deposits, abraded metals, soot particles and dust. 
 

The average life cycle of vehicle has witnessed an increasing trend in recent years owing to the technological improvements across the automotive industry. For instance, the average vehicle age on road in America is over 11 years. High maintenance cost & concern related to engine damage of old vehicles is anticipated to boost the product demand. The unfiltered oil in the car may lead to saturated & hard particles that can damage and affect the overall engine quality.
 

Based on application, the market is segmented into passenger cars, light & heavy commercial vehicles segment. LCVs and HCVs are expected to fuel product demand as they cover a large distance and needs a continuous supply of air to run smoothly. Global commercial vehicle sales have witnessed significant gains of 26.3 million units in 2018. The advent and growth of the e-commerce industry have fueled logistics activities to meet end to end and swift delivery solutions.
 

Favorable trade agreements between NAFTA, ASEAN, CPTPP, DCFTA and PAFTA will boost the logistics industry. Cross country exchange of goods with high frequency and long-distance coverage will augment demand for heavy tonnage vehicles. For instance, China Belt Road Initiative (BRI) aiming to connect 152 countries through roads, rails and sea routes will increase requirement for heavy duty vehicles.
 

Global automotive air filters aftermarket revenue is projected to surpass USD 16 billion by 2025. The demand for automotive aftermarket components is high owing to easy availability and low cost over OEM products. OEMs products are comparatively priced higher as a result consumer are more inclined towards alternatives with similar technical specification and performance. Moreover, easy availability of the product through ecommerce has enhanced the component delivery sales and services.
 

Catering wide range of customers and high profit margin in aftermarket space to gain attention among OEM manufacturers in coming years. For instance, in May 2016, MANN+HUMMELS, announced the acquisition of global filtration operations of Affinia Group, engaged in manufacturing of WIX and FILTRON brand of filters for expand its product portfolio and presence in North America.
 

The Asia Pacific automotive filters market is expected to witness growth at over 6.5% CAGR from 2019 to 2025 due to the increasing disposable incomes, rapid industrialization, and increase in passenger car sales. High automotive output from India and China will create improved replacement demand in coming years. Favorable FDI policies on aftermarket parts manufacturing and government regulations focused on reducing the carbon emissions will create notable gains up to 2025.
 

Key manufacturers are focusing on developing niche products and capacity expansions owing to strong demand for low cost aftermarket products in the region. For example, In December 2018, Donaldson filtration solution has announced expansion of its Wuxi manufacturing plant in China. Through this expansion, the company will be able to increase its air filter manufacturing capacity and setup of first Chinese based liquid filtration production capacity.
 

Automotive Filters Market Share

Some of the major companies operating in the automotive filters market are:

• MANN+HUMMEL
• Robert Bosch
• Toyota Boshoku
• Cummins, Inc
• Parker Hannifin Corp
• Ahlstrom Corporation
• Denso
• Mahale GmbH
• Hengst SE
• Lydall, Inc.
   

Key industry participants operating in the market are adopting strategies such as mergers, acquisitions, collaborations, new product developments and launches to enhance their existing offerings and expansion of their portfolio for targeting a widespread customer base. For instance, in December 2016, Parker Hannifin Corp. announced the acquisition of Clarcor Inc. for approximately USD 4.3 billion. The acquisition will enhance the company’s filtration business portfolio with addition of new complementary product lines and increase in market share.
 

The automotive filters market research report includes in-depth coverage of the industry, with estimates & forecast in terms of volume in million units and revenue in USD billion from 2014 to 2025, for the following segments:

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By Product

• Air
• Fuel
• Oil

By Application

• Passenger car
• Light & heavy commercial vehicles
• Two wheelers

By End-use

• OEM
• Aftermarket

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Poland
• APAC
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Thailand
  • Malaysia
  • Indonesia
• LAMEA
  • Brazil
  • Argentina
• MEA
  • South Africa
  • Morocco
  • Iran