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Automotive Air Filters Market Share by 2022: Industry Analysis and Top Player are Ahlstrom, Cummins Inc., Denso, Donaldson, Freudenberg Group, Mahle, Neenah, Parker Hannifin, Robert Bosch GmbH, Sogefi Group, Toyota Boshoku America
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The report covers comprehensive market overview including definition, application and segmentation on the basis of region, product, end-use, application and competitive landscape. The report includes in-depth analysis of the market with focus on key factors that influence the market like drivers, impediments, opportunities and challenges.
Growth of electric vehicle industry owing to its features like less maintenance, negligible gas emissions, and environment friendly is expected to influence automotive air filter demand. Advent of electric vehicles is likely to hamper automotive air filters market growth.
Asia Pacific automotive air filters industry, which dominated the global revenue in 2014, is expected to witness a noticeable surge over 2015-2022. The growth can be credited to rise in number of manufacturing units, owing to favorable legislations and the availability of affordable workforce. Furthermore, high demand for vehicles has contributed significantly towards the regional growth.
North America automotive air filters industry is expected to register a CAGR of 8% over the period of 2015-2022, owing to stringent pollution control norms coupled with heavy demand for air filters. U.S. is expected to be a major regional revenue contributor.
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Highly fragmented global automotive air filters market has witnessed frequent mergers and acquisitions. The report features competitive analysis of the key players with profiles, business strategies, current trends, and financial metrics listed in the report. The key players covered in the report include Denso Corporation, Cummins Inc., Lydall Inc., Ahlstrom Corporation, Parker Hannifin Corp., K&N Engineering Inc., Toyota Boshoku Corporation and Roki Co. Ltd.
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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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