Press release
Anticipated Growth in Automotive Filter Market, Projected to Reach $31.69 Billion by 2027 with a Strong CAGR of 6.7% || MANN+HUMMEL, Robert Bosch, Toyota Boshoku, Cummins, Parker Hannifin Corp
Automotive Filter Market
The Business Research Company's Automotive Filter Global Market Report 2023 the increase in environmental concerns and stringent emission norms is the major driver for the automotive filter market's growth in the forecast period. Automotive filters help in increasing fuel efficiency and reducing emissions and greenhouse gases. According to a report published by a US-based online publication, Our World in Data, in 2020, 60% of road transport emissions will come from passenger travel (cars, motorcycles, and buses) and the remaining 40% from road freight (lorries and trucks). The government has developed strict emission regulations in response to the increase in greenhouse gas emissions in the environment. For instance, in December 2021, for model years 2023-2026, the United States Environmental Protection Agency (EPA), a US-based government agency, released new national greenhouse gas (GHG) emissions requirements for passenger vehicles and light trucks. The final guidelines would result in significant reductions in GHG emissions as well as other criterion pollutants. Therefore, the increase in environmental concerns and stringent emission norms will contribute to the growth of the automotive filter market going forward.
The global automotive filter market size grew from $22.57 billion in 2022 to $24.43 billion in 2023 at a compound annual growth rate (CAGR) of 8.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive filter market size is expected to grow to $31.69 billion in 2027 at a CAGR of 6.7%.
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Major competitors in the automotive filter market are MANN+HUMMEL, Robert Bosch, Toyota Boshoku, Cummins, Parker Hannifin Corp., Ahlstrom Corporation, Denso, Mahle GmbH, Hengst SE, Valeo SA, Sogefi Group, K&N Engineering Inc., Donaldson, Dana Incorporated, Grayson Thermal Systems.
A key trend in the automotive filter market includes use of cabin filters for making automotive filters. Major companies operating in the market are focusing on product innovation to strengthen their position in the market. For Instance, in November 2021, Israel Aerospace Industries (IAI), an Israel-based defense company, launched a new electronic warfare system called Scorpius. This defense system works on active electronically scanned array (AESA) technology and enables armed forces to combat full-scale threats such as missiles, and drone ships, effectively disrupting radar, data communications, and electronic sensors.
Read More On The Global Automotive Filter Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-filter-global-market-report
The automotive filter market is segmented -
• By Filter Type: Fuel Filter, Oil Filter, Air Filter, Cabin Filter, Coolant Filter, Transmission Oil Filter, Other Filter Types
• By Media Type: Cellulose, Fiberglass, Other Media Types
• By Vehicle Type: Commercial Vehicles, Passenger Vehicles, Other Vehicle Types
• By Material Type: Particle, Activated Carbon, Electrostatic
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the automotive filters market.
The Business Research Company's "Global Automotive Filter Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Automotive Filter Market Include:
1. Executive Summary
2. Automotive Filter Market Characteristics
3. Automotive Filter Market Trends And Strategies
4. Automotive Filter Market - Macro Economic Scenario
5. Automotive Filter Market Size And Growth
……………
27. Automotive Filter Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Filter Market
29. Automotive Filter Market Future Outlook And Potential Analysis
30. Appendix
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More Releases for Filter
Filter Aid Diatomaceous Earth For Gravity Filter
Technology data sheet
TYPE
Color
Grade
Permeability
Density
Screening%
PH
MIN darcy
TARGET darcy
MAX darcy
TARGET g/cm3
MAX g/cm3
+150mesh
MIN
TARGET
MAX
ZBS100
pink/white
Dissolve calcination
1.3
1.5
1.8
0.37
0.4
0
NA
4
8-11
ZBS150
pink/white
Dissolve calcination
1.5
1.9
2.3
0.35
0.4
0
NA
4
8-11
ZBS200
pink/white
Dissolve calcination
2.3
2.6
3
0.35
0.4
0
NA
4
8-11
ZBS300
white
Dissolve calcination
3
3.5
4
0.35
0.37
0
2
6
8-11
ZBS400
white
Dissolve calcination
4
4.5
5
0.35
0.37
2
4
10
8-11
ZBS500
white
Dissolve calcination
4.8
5.3
6
0.35
0.37
4
8
15
8-11
ZBS600
white
Dissolve calcination
6
7
8
0.35
0.37
6
10
20
8-11
ZBS800
white
Dissolve calcination
7
8
9
0.35
0.37
10
15
25
8-11
ZBS1000
white
Dissolve calcination
8
10
12
0.35
0.38
12
21
30
8-11
13
19
25
0.35
0.38
9
19
30
8-11
ZBS1200
white
Dissolve calcination
12
17
30
0.35
0.38
NA
NA
NA
8-11
Product Advantages
- complete range of permeability - complete certification: ISO, Halal, Kosher - suitable for all walks of life - Higher efficiency filtration - National Patent products
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