Global Car Oil Filter Market Research Report with Key Players Analysis, Trends and Growth Forecast till 2022

The global market discussion on car oil filter industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Car Oil Filter Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on car oil filter market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.

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Global car oil filter market is driven by many factors. The rising automotive industry is a prime aspect which drives the growth of the car oil filter market. Certain government regulations regarding the manufacturing of vehicles has forced the manufacturers to implement improvements in the design aspect of the engine and along with the technological changes and advancements in the oil filter domain, this has imparted support to the growth of the car oil filter market. As far as vehicles are concerned, the increase in the passenger cars has triggered the growth of the car oil filters. Moreover, public awareness regarding the safety of the engines of their vehicles and the benefits of oil filters such as removal of contaminants, ensuring good engine health and enhance the life of the components within the engine has spurred the growth of the global car oil filter market. However, the challenge faced by this sector is the introduction of the electric cars which do not need oil filters. Another challenge cum opportunity is the life of the filter. It has low life and has to be replaced but the opportunity aspect is that it needs to be changed frequently and this can be beneficial to the manufacturers of the filters. Europe region shows great potential and market share by 2022 end. The Asia-Pacific excluding Japan (APEJ) region shows higher growth rate during the period of forecast.

The global car oil filter market is poised to reach about US$ 535 Mn by the end of 2022 and is anticipated to grow at a steady CAGR during the forecasted period of 2017 to 2022.

Europe Estimated to Project Dominance Though the Period of Forecast; APEJ Runs at Higher Pace

Europe is poised to reflect a higher market share by revenue and dominate the global market. It is anticipated to grow at a moderate growth rate. The Asia-Pacific excluding Japan (APEJ) region is expected to grow at the highest rate followed by North America region owing to increase in the consumption of passenger cars in these regions. APEJ is anticipated to register a CAGR of 3.5% throughout the forecast period of 2017 to 2022.

By Filter Media, Synthetic Segment Outpaces Others

The synthetic segment by filter media shows a higher growth rate and is anticipated to gain a higher BPS by 2022-end. It reflects a CAGR of 3.4% but has a low market share by revenue as compared to cellulose and others segment. The cellulose segment experiences the highest market share by revenue as of 2017, and the trend can continue up to 2022. Europe region favors the synthetic segment and is the largest market share contributor. However, Asia-Pacific excluding Japan (APEJ) region is also growing to portray a good market revenue share by 2022 end. The synthetic segment is growing on account of vital advantages offered by the material with respect to life, efficiency and suitability to any type of oil.

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Table of Content:

1. Global Car Oil Filter Market - Executive Summary

2. Global Car Oil Filter Market Overview
2.1. Introduction
2.1.1. Global Car Oil Filter Market Taxonomy
2.1.2. Global Car Oil Filter Market Definition
2.2. Global Car Oil Filter Market Size (US$ Mn) and Forecast, 2012-2022
2.2.1. Global Car Oil Filter Market Y-o-Y Growth
2.3. Global Car Oil Filter Market Dynamics
2.3.1. Drivers
2.3.2. Restraints
2.3.3. Trends
2.4. Supply Chain
2.5. Cost Structure
2.6. Pricing Analysis
2.7. Raw Material Sourcing Strategy and Analysis
2.8. List of Distributors
2.9. Key Participants Market Presence (Intensity Map) By Region

3. Global Car Oil Filter Market Analysis and Forecast By Product Type
3.1. Global Car Oil Filter Market Size and Forecast By Product Type, 2012-2022
3.1.1. Base Gasket Car Oil Filter Market Size and Forecast, 2012-2022
3.1.1.1. Revenue (US$ Mn) Comparison, By Region
3.1.1.2. Market Share Comparison, By Region
3.1.1.3. Y-o-Y growth Comparison, By Region
3.1.2. Canister Car Oil Filter Market Size and Forecast, 2012-2022
3.1.2.1. Revenue (US$ Mn) Comparison, By Region
3.1.2.2. Market Share Comparison, By Region
3.1.2.3. Y-o-Y growth Comparison, By Region

Continued….

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