Press release
Automotive Air Filters Market should surpass USD 7 billion by 2022 | Worldwide Key Players Cummins Inc, Denso, Donaldson, MAHLE, MANN+HUMMEL Group, Parker Hannifin, Valeo
Asia Pacific automotive air filters market 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.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.
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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.
Intake automotive air filters should witness robust growth at around 8%. They are used to prevent pollutants entrance via combustion engines which can hamper functioning of cylinders and piston ring system.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
• ACDelco
• Affinia
• Ahlstrom
• Clarcor
• Cummins Inc.
• Denso
• Donaldson
• Freudenberg Group
• Hengst Automotive
• Hollingsworth & Vose
• K&N Engineering
• Lydall Inc.
• Mahle
• MANN+HUMMEL Group
• Neenah
• Parker Hannifin
• Robert Bosch GmbH
• Roki Co., Ltd.
• Sogefi Group
• Toyota Boshoku America
• Toyota Boshoku Europe N.V.
• Valeo
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Cabin automotive air filters should witness highest gains at over 8%. Favorable regulations to control emission along with consumer awareness for care safety should drive industry growth. Strong R&D spending for superior and better products may influence product demand. Manufacturers are taking necessary initiatives to increase product portfolio and create ample opportunities in the industry.
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.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/automotive-air-filters-market
Global automotive air filters market is fragmented, Ahlstrom Corporation, Cummins, Mann+Hummel, and Denso Corporation, Toyota Boshoku, Mahle, Ac Delco, Clarcor, Affinia Group and Valeo remain major players.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Global Market Insights, Inc.
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