Automotive Air Filters Market to 2024 - Cummins, Ahlstrom, Denso, Neenah Paper, Lydall, Roki Co., Parker Hannifin, Toyota Boshoku, Mahle, Robert Bosch, Valeo, Global filters, Simplex, Donaldson, and Freudenberg.

North America, driven by U.S. automotive air filters market size, from passenger car should generate over USD 730 million in business by 2022. Rise in spending capacity for automobile purchase should drive regional product demand.

Asia Pacific may witness gains at over 8.5%. Rapid industrialization along with number of mid-size cars sales with presence of numerous industries should drive regional growth. OEMs may witness significant gains. Presence of unorganized market in China and India may pose threat to the market. Numerous suppliers in the OEM market provide robust solutions ensuring for better business trend.

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Latin America, driven by automotive air filters market size in Brazil, should witness gains at over 8%. Number of service offerings by OEM should drive regional demand. Increasing opportunities for e-mobility, aftermarket segment and connected cars may stimulate industry growth. Two wheelers vehicles demand should grow significantly over the forecast timeframe. Indian two wheeler market is showing an uptrend and thus resulting in high sales and production volume.

Automotive sector holds the highest revenue generator segment and will continue to dominate over the forecast timeline. This can be attributed to rising demand for technologically advanced solutions in the vehicles. Furthermore, popular trends such as development of application specific solutions is expected to drive the bearings market growth.

Automotive Air Filters Market should surpass USD 7.5 billion by 2022, according to this new research report. Global automotive air filter Market should grow at a rapid pace owing to positive outlook towards growing automotive sales. Two-wheelers and passenger cars have witnessed widespread demand in past years and growing at a CAGR of 5% over the years which was over 55 million units in 2015.

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Cabin air filter market should generate over USD 4 billion by 2022. Rising pollution levels created by vehicular and industrial emission might reach inside car cabin through ventilation or air conditioning and needs to be checked in order to provide comfort and safety and will pivot automotive air filter market.

Intake automotive air filters might show a growth rate of over 10% during projected timeframe. They prevent engine contamination from dust and pollutants which may impact its fuel efficiency and performance of engine, thus creating scope for industry growth.

Growing health concern awareness among consumers should drive product demand. Favorable awareness programs by CCC and EPA for proper vehicle ventilation & filtration systems should support automotive air filters market growth. Ceramics, PP nonwoven fabric, papers, and fiberglass are major raw materials. Fluctuating raw material prices may result in supply deficit as they are also used for other industrial purposes.

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Passenger car segment of automotive industry generates the highest revenue accounting to be over 50% in automotive air filter market share. Rising demand of passenger cars in regions like Asia-Pacific, Middle-East and Africa owing to expanding population should drive industry growth.

OEM will witness a growth rate of over 8% by 2022 which is dominated by China and India market. Shortage of raw materials like fiberglass, pleated paper and ceramic paper due to its demand in other industries as well might impact pricing of products.

Asia-pacific automotive air filter market dominates the global market share and is expected to generate over USD 5 billion by 2022. Increase in sales of vehicles both passenger and commercial will drive regional industry growth.

Global air filter market shows moderately consolidated with presence of both big and small scale manufacturers and markets. Some key players in the market includes Mann+Hummel Group, Vokes Group, Parker Hannifan Group and Clarcor Inc.

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