About Automotive Oil Filter
The automotive oil filter is aimed to eliminate grime from engine oil. This helps to lubricate internal vehicle parts leading to elongation of engine lifespan, decreasing emission, and lower fuel consumption. Ignition of diesel results in the emission of harmful greenhouse gases as compared to the ignition of gasoline and substitute fuels. The rise in diesel incineration is likely to pose a hazard to the environment. Regulatory bodies of key nations are commanding stringent environmental standards to reduce rising carbon emissions of automobiles. Developing economies like China, India and Brazil are creating favorable markets for enterprises catering to manufacturing oil and fuel filters. Also, demand for passenger and commercial vehicles is on the upswing, owing to the rise in the per capita income within this region. In addition, an increase in vehicle miles driven through the globe upsurges, the rate of replacement of oil filters thereby propelling market growth. All these aspects are expected to offer vast opportunity and revenue generation for the automotive oil filter market in the long-standing.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.96% |
Automotive oil filter market is fragmented owing to the number of players present in the market. Technological development to improve the fuel efficiency of the vehicle and growing aftermarket services expected to drive the automotive oil filter market. Analyst at AMA Research estimates that Global Vendors will contribute the maximum growth to Global Automotive Oil Filter market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
A. L. Filter (Israel), Fildex Filter Canada (Canada), K&N Engineering, Inc. (United States), ALCO Filter Ltd. (Cyprus), Mann+Hummel Group (Germany), Ahlstrom Corporation (Finland), Fram Group (United States), Cummins Inc. (United States), Sogefi SpA (Italy), Donaldson Co. Inc. (United States), Mahle GmbH (Germany), Robert Bosch GmbH (Germany), Denso Corp. (Japan) and Baldwin Filtering Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Gud Holdings (Australia), Hengst (Germany), Clarcor Inc. (United States), Siam Filter Products LTD. (Thailand) and BIG Filter (Russia).
Segmentation Overview
AMA Research has segmented the market of Global Automotive Oil Filter market by Type (Fuel Filter, Engine Oil Filter, Hydraulic Filter and Others) and Region.
On the basis of geography, the market of Automotive Oil Filter has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vehicle Type , the sub-segment i.e. Passenger Vehicle will boost the Automotive Oil Filter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. OEMs will boost the Automotive Oil Filter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Type, the sub-segment i.e. Particle will boost the Automotive Oil Filter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Fuel Type, the sub-segment i.e. Gasoline will boost the Automotive Oil Filter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increase in Global Vehicle Prac and Development of Technology Emphasizing on Improving the Fuel Efficiency of Vehicles
Market Growth Drivers:
Growing Vehicle Production Driving Automotive oil Filter Market and Presence of Stringent Emission Control Norms
Challenges:
Growing Demand for Electric Vehicle and Non-replaceable Filters and Lengthy Drain Interval
Restraints:
Incorporation of Non-replaceable Filters and Increasing Prizes of Combustible Fuel Limiting Vehicle Purchase
Opportunities:
Increasing Demand for Commercial Vehicle in Emerging Economies and Growing Aftermarket Services Supplementing Automotive Transmission Oil Filters Market
Market Leaders and their expansionary development strategies
In April 2023, Ahlstrom launched a new renewable and sustainable filter solution for automotive applications. Ahlstrom ECO is a technology that supports the growing sustainability needs of the global transportation market and provides a new choice for filter manufacturers. A new renewable and sustainable filter media developed by Ahlstrom utilizes a lignin-based* impregnation to replace fossil-based resins. The resin solution contains a significant amount of bio-based renewable lignin and maintains the mechanical properties and durability of the filter media even in demanding environments.
Technological advancement are being driven for the market owing to rising focus on environmental impact due to use of combustible fuels. The regulatory bodies across the globe have determined the permitted carbon emission for each vehicle, which in turn is expected to promote higher sales of automobile oil filters.
Key Target Audience
Automotive Oil Filter Manufacturers, Suppliers and Distributors, Government Regulatory and Research Organizations, Investment Research Firms / Associations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.