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Automotive Oil Strainer Market size is anticipated to be valued at US$ 657.1 Million in 2032

08-22-2022 07:40 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Automotive Oil Strainer Market

Automotive Oil Strainer Market

Automotive oils strainer solutions are integrated into automobiles to capture large-sized contaminants. These large-sized contaminants refer to impurities larger than 40 Microns. Automotive oil strainer solutions having a 60 mesh strainer container possess the ability to capture contaminants of sizes exceeding 240 Micron level. 100 mesh automotive oil strainer solutions capture impurities of sizes exceeding 150 Micron level. The automotive oil strainer mesh to Micron correlation can be determined by the total number of square-shaped gaps across a linear inch. Automotive oil strainer modules are less flow restrictive as compared to the automotive oil strainers. Mostly they are employed in the suction pumps.

In 2032, the market for Automotive oil strainer is expected to be worth US$ 657.1 Million. Sales of automobile oil strainers are anticipated to increase in the next years as a result of an increase in the number of fuel economy rules and a tightening of vehicle emission standards.

According to a recent analysis by FMI, the market for automotive oil strainers is anticipated to reach US$ 215.9 Million in 2022 and develop steadily at a CAGR of 8.4% from 2022 to 2032. The market is expected to be driven by the automobile industry's rapid global expansion.

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Automotive Oil Strainer: Market Dynamics

Automotive oil strainers are more capable of eradicating metal and other waste from the oil which enhances the engine life by saving it from unnecessary damage. Thus, automotive oil strainers prolong engines life as it removes dirt and debris that can affect other engine parts, such as pistons & cylinders. Hence, over the forecast period, the automotive oil strainer market is predicted to foresee an optimistic growth. Further, the automotive oil strainer enables an apt flow of air to the engine, thus, maintaining the air-fuel ratio, which in turn, reduces the emission from the vehicle. Additionally, various regions including Europe, have imposed stringent regulations on the carbon footprint of each vehicle.

Consequently, the aforementioned factors are stipulated to drive the market of automotive oil strainers over the forecast period. Further, installation of automotive oil strainers reduces the chance of spark plug ignition risks that can cause drivability issues coupled with consumer's inclination towards safe driving to boost the growth of the automotive oil strainers market in coming years.

Furthermore, the prime trend in the automotive industry; emission control by reducing fuel consumption, to propel the market share of the automotive oil strainers in the industry.

Among the vehicle type, the passenger cars segment is estimated to hold a significant share in the automotive oil strainers market owing to the huge fleet size of passenger cars in the industry. However, the heavy commercial vehicle sub-segment is anticipated to witness comparatively high year over year growth as they run for long miles and long hours which need frequent replacement.

Automotive Oil Strainer: Regional Market Outlook

North America and Europe automotive oil strainer markets may continue to dominate the global automotive oil strainer market during the forecast period. Moreover, the emergence of rigorous regulations, especially due to growing awareness about health issues and the environmental impact of air pollutants, is the principal driver for the automotive oil strainer market in both the regions. The China automotive oil strainer market is estimated to be next owing to the swift adoption of advanced automobile auto parts. The automotive oil strainer market in the Middle East & Africa and Latin America are estimated to grow at above-average pace over the projected period.
Key Segments Profiled in the Automotive Oil Strainer Industry Survey

By Vehicle Type:

• Passenger Cars
• Compact Cars
• Mid-Sized Cars
• Luxury
• SUVs
• Commercial Vehicles
• LCVs (Light Commercial Vehicles)
• HCVs (Heavy Commercial Vehicles)

By Cover Type:

• Floating Type Automotive Oil Strainer
• Fixed Type Automotive Oil Strainer

By Sales Channel:

• OEMs
• Aftermarket

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East and Africa

Download PDF Brochure @ https://www.futuremarketinsights.com/reports/brochure/rep-gb-9735

Table of Content

1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations

3. Market Background

3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer's
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter's Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics

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Automotive Oil Strainer: Market Key Players
Some of the major participants operating in the global Automotive Oil Strainer market include:

• Triple R America
• Parker Hannifin Corp.
• TECNECOFILTRATION
• Delphi Auto Parts
• Champion Laboratories, Inc.
• DaikyoNishikawa Corporation
• VANTECH CO., LTD.
• ELOFIC INDUSTRIES LIMITED
• ALCO Filters Ltd.
• Lucas Industries Ltd.
• Anhui Meiruier Filter Co. Ltd.

Contact:

Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware - 19713, USA
T: +1-845-579-5705
Browse All Reports: https://www.futuremarketinsights.com/reports

About Future Market Insights (FMI)

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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