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automotive filters market growth

automotive filters market growth

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automotive filters market growth

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  1.    +1 217 636 3356 +44 20 3289 9440 sales@mobilityforesights.com    Your Cart 0   Company  Market Reports  Consumer Research  Advisory Services  Exports - Imports Careers Contact Us Blog Your cart is empty Your Name Return to Shop Business Email Global Automotive Filters Market 2024-2030 Country Phone Number +1 Company Name Single User License : $ 3,500 Your message Corporate User License : $ 4,500 2024 Update coming soon By submitting this form, you are agreeing to Published Date: Sep 2022 the Terms of Use and Privacy Policy. Number of pages: 107 I'm not a robot reCAPTCHA Privacy - Terms  Request Sample DOWNLOAD SAMPLE BUY NOW DESCRIPTION TABLE OF CONTENTS AUTOMOTIVE FILTERS MARKET KEY FINDINGS 1. In 2023, the Global Automotive Filter Market reported a sales volume of XXM units, valued at $ XX billion. The market is estimated to be $XX Billion in 2030 with a CAGR of XX percent (2024-2030). 2. In Europe, Market constraints led to lower volumes for original equipment manufacturers. Volumes for Aftermarket remained at the previous year’s low level in the US while emerging markets were less affected and recorded growth in both segments. 3. China and Europe witnessed a sales boom in Cabin filters for EVs, as the region experienced a rise of more than 100% in EV sales volume. 4. Oil Filters with high sales volume are currently manufactured with resin-impregnated cellulose fiber media, which not only improves the contaminant filtration ability but also allows for higher flow rates. 5. The cabin filter prices are soaring up by 15-20 percent in the U.S. due to high technological demand caused by the growth of EVs in the region. 6. The filtering effect of the air filter is not only related to the wind speed, wind pressure, and resistance but also directly related to the material and is selected 7. The selection of materials plays a major role in pricing management and quality. 8. The global automotive filter market is dominated by top players such as Mann+Hummel, Mahle, Donaldson, Toyota, Sogefi, Ahlstrom-munksjö, and Denso constituting about XX percent of the market in terms of value in 2023. AUTOMOTIVE FILTERS MARKET INTRODUCTION Each year globally about 2 billion oil filters are replaced and disposed of. There are different kinds of automotive filters whose usage helps in achieving better fuel economy and more importantly cleaner environment. 0  Fuel Efficiency and Emission norms are two major factors influencing the automotive filters market. Different kinds of filters used in engine-powered and hybrid vehicles are Continue Shopping Engine air filters Cabin air filters Oil filters Fuel filters Steering filters Transmission filters Whereas, a BEV essentially has 2 types of filters, Battery and Cabin filters. Battery filters consist of ventilation and are critical for the thermal management of batteries. Cabin filters keep the passenger compartment free from any kind of contaminants.

  2. To learn more about the Europe Automotive Filters Market, read our report AUTOMOTIVE FILTERS MARKET DYNAMICS Engine-powered and Hybrid vehicles account majority of the market in filtration systems. The stringent emission norms across the world have been the major driving factor of the automotive filter market in recent times. However, with the increase in electric vehicle production, there has been a direct effect on air and oil filters. +1 MANN-FILTER has over 70 years of filtering experience and is recognized for its OE expertise all over the world. All goods are manufactured and tested by current international OEM production and testing standards. OE quality is the only global quality standard at the same time. That is why MANN-FILTER is trusted by workshops all around the world. By submitting this form, you are agreeing to Fuel filter PU 11 002, which offers effective three-stage water separation and reinvents diesel filtering, is an example of the Terms of Use and Privacy Policy. original MANN-FILTER products supplied for use as original equipment in new vehicles. In the independent automotive aftermarket, the same OE quality filter is available in the classic yellow-green package – of course in 100% Original MANN- FILTER OE quality. An industry leader in antimicrobial solutions, Microban, and WIX Filters, a global manufacturer of filtration equipment, have established an exclusive cooperation in the area. The lifetime Microban product protection offered by WIX cabin air filters will help to ward off odor-producing bacteria, mold, and mildew. Continuous Microban’s Aegis Technology, which employs a charge disruption mode of action to prevent the growth of germs, is used to protect the cabin air filter. This broad-spectrum antimicrobial’s rapid mechanism of action enables it to significantly lower bacteria loads on treated substrates in a short amount of time. As a result, this technology helps to maintain cleaner and fresher air inside cars. Ryco will support Clemente Motorsport, making the filter company his naming rights partner. By the agreement, Clemente will drive a Ryco-branded Honda Civic Type R throughout the weekend in the TCR Australia Series, Due to the wide variety of vehicles, Ryco has created a large selection of oil, air, fuel, cabin, transmission, DPF, Crankcase, and hydraulic filters to support this wide range of automobiles. Nanofiber Technology is also being used in cabin air filters for Automotive applications reducing the number of pollutants that vehicle occupants breathe, and thus improving the air quality in the vehicle cabin. Cabin Filter is almost neglected by the owners/mechanics in the region – Asia (China) and the Rest of the world. The main reason for the negligence is that they won’t service their vehicle at an authorized service center The Fuel Filter protects the critical parts of the engine, by filtering out foreign particles that can potentially damage a fuel injector. The injectors are very expensive to replace, The OEMs recommend they to replaced in time according to the maintenance interval. PASSENGER VEHICLE FILTERS MARKET Passenger vehicles account for the highest penetration in the filters market, solely because of the passenger car population across the world. The requirement for different varieties of filters has boosted the growth of the filter market. To maintain a cleaner passenger compartment stricter emission acts have demanded better filters across the passenger car segment. Any passenger cars are subjected to change the filters after every 20,000 -30,000 miles driven. If the vehicles are used extensively or in not-so-favorable conditions, filter change must be considered much before the subject period. Installation of air and oil filters improves the fuel efficiency of the vehicle and hence drivers are driven to install filters in their cars. COMMERCIAL VEHICLE FILTERS MARKET The second-highest filter market is found in the passenger vehicles segment. It can be either an LCV or an HCV.

  3. +1 By submitting this form, you are agreeing to the Terms of Use and Privacy Policy. Since usually, commercial vehicles spend much of their time on construction sites or any other working site prone to huge amounts of dust, the need for better air intake and cleaner cabins becomes important. Moreover, commercial vehicles travel a long distance and this creates a need for better fuel efficiency and emission. All these reasons constitute and help in the growth of the filter market in the commercial vehicles segment. US AUTOMOTIVE FILTERS MARKET The US being a hub for automobile sales, automakers demand a large number of filters. There is a high demand for quality air filters which has led to several air filter manufacturers, most of them being after-market. Some of the automotive filter manufacturers from the US are Donaldson and Parker Hannifin. One of the leading aftermarket manufacturers is K&N Engineering. About 90% of the aftermarket filter demand is fulfilled by local manufacturers in the U.S., roughly 900 Million Units in 2021. America had strong demand, as the used car sales were in high demand due to semiconductor shortage. The aftermarket segment firms achieved significant sales growth compared to 2020. EUROPE AUTOMOTIVE FILTERS MARKET The European market with a large number of auto manufacturers has come out as one of the leaders in filter markets in the world. The other reason is that severe regulations to control emissions have led to a surge in the filter market. Many leading air and oil filter manufacturers are from Europe supplying the OEMs. Some of them are Bosch, Mann+Hummel, Hengst, Mahle GmbH, and Freudenberg Filtration Systems all of them from Germany. UFI filters from Italy are another filter manufacturer that excels in both OE and aftermarket sales. Some of the aftermarket filter solutions are Alco and BMC filters. Bosch also has their aftermarket sales. Europe had strong growth in the equipment aftermarket, which started in 2019 and continued significantly in 2021. In particular, the cabin air filters showed good double-digit sales growth compared to 2020. To learn more about the Europe Automotive Filters Market, read our report CHINA AUTOMOTIVE FILTERS MARKET China is now the world`s biggest automotive market. Even though it accounts for the highest amount of BEVs there is a high requirement for cabin air filters and battery filters. The European filter manufacturers like Mann+Hummel and Bosch are the leaders in this region. Bengbu Jinwei Filters is one of the very few Chinese automotive filter manufacturers. Gaubb Group from China under the brand YBM Filters has been manufacturing filters for passenger vehicles. INDIA AUTOMOTIVE FILTERS MARKET India accounts for the largest 2-wheeler market in the world. The stricter emission regulations from the Indian Government have played an important role in the filter market in India. India is also one of the leading markets in commercial vehicles demanding an increasing number of filters from vehicle manufacturers. Some of the leading filter manufacturers are Fleetguard, Zenith, Inzin, and Viking filters. AUTOMOTIVE FILTERS MARKET SIZE AND FORECAST

  4. +1 By submitting this form, you are agreeing to the Terms of Use and Privacy Policy. Even though there is an increase in BEVs which will result in the downfall of the air and oil filters market, the absence of an engine creates a lot of room to fit in a larger cabin air filter. This prospect might influence the filter manufacturers to look into it closely and work on this. Among IC engine vehicles, the stringent emission rules worldwide must help the filter market to increase. AUTOMOTIVE FILTERS MARKET COVID-19 IMPACT There was a shortage of HEPA filters due to the large demand for air purifiers needed in the COVID-19 battle. As the focus went to upgrading the cabin filter in the automotive sector, Industry saw a cost increase in the cabin filter, which was made to filter the virus molecules. Mann+Hummel in 2020, due to the pandemic experienced a decline of 8.9% in sales, and the value drop was estimated to be € 3.8 Billion in 2020. st Donaldson Company, in its 1 quarterly report in 2021 stated that its net earnings were $61.9 Million as compared with $65.0 Million in 2020. The MAHLE Group with sales of €8 Billion in 2020, experienced a fall in sales by 16% in comparison with 2019. The Filtration division of the SOGEFI group obtained important orders from North American and European customers for traditional components (especially oil filters). st Parker Hannifin reported an increase of 15% in sales after the 1 half of FY-2021 $ 6.9B and the Net income was a record $447.3 Million, which includes a gain of approximately $76.4 million. AUTOMOTIVE FILTERS MARKET NEW ACQUISITION Custom Filter LLC, situated in Illinois, has been bought by Rensa Filtration, a family of filtration companies that manufacture air filtration devices. Custom Filter is a prominent maker of high-quality HEPA and ULPA filtration systems. Custom Filter also provides extensive testing and validation services for OEM, contract manufacturing, specialty, and a wide range of high-end pleated filters. For the most demanding air, liquid, and molecular OEM filtration applications, Custom Filter manufactures a wide range of filters. Filter design, prototyping, production, and filter testing are all available as in-house engineering services. Rensa’s commitment to technical quality, continual improvement, and product innovation is shared by Custom Filter LLC, an extraordinary filtering company. Custom is a well-run company, and we are pleased that John and his staff will remain with Rensa following the acquisition. Joining forces with Rensa and Brandon will allow us to increase our production capabilities and platforms. Viskon-Aire of Maryland, Permatron of Illinois, RoboVent of Michigan and Ohio, D-Mark, Inc. of Michigan, and Air Filters, Inc. of Texas are all part of the Rensa family. Rensa will continue to seek out high-growth companies who want to join a family of cutting-edge filtration suppliers. AUTOMOTIVE FILTERS MARKET RECENT LAUNCHES Mann Hummel and Mahle launched a cabin filter system co-related with virus and bacteria protections. Mann+Hummel has developed a new filter for public transport vehicles especially buses, called ‘Fine Dust Eater’. It is an emission-neutral device designed to capture PM2.5-PM10-sized particles In November 2020, Freudenberg Filtration Technologies announced the launch of its vehicle cabin air filters in India,

  5. UFI Filters has opened its first aftermarket plant in India. UFI is operating the aftermarket under the name Sofima Filters. MAHLE has developed two standardized air filters for fuel cell vehicles. The new range of products is estimated to be developed in less time and the cost is predicted to be ● Donaldson is going to expand its Filter Minder Connect Monitoring Solution which would include Fuel Filters and Engine Oil Condition Monitoring this connected engine technology will provide performance data to inform optimum filter maintenance decisions for on-road truck fleets and off-road equipment. In August 2020, Italian automotive component manufacturer UFI Filters launched an anti-virus cabin air filter for +1 passenger vehicle models in India under the ‘Sofima D+fend brand This has been introduced in the 21 most popular models in India. Ford recently announced its launch of a new cabin air filter option, innovated together with Freudenberg Filtration Technologies, the new Ford micronAir proTect cabin air filter is highly effective at capturing germs, allergens, and viruses that can cause significant health problems. By submitting this form, you are agreeing to In March 2020, BASF and Hengst developed the world’s first reusable plastic spin-on oil filter module for cars the Terms of Use and Privacy Policy. Toyota Boshoku developed PM 2.5 air filters of the world’s highest-level efficiency as Toyota’s first with a new concept of Minus Emissions. Mann+Hummel to work on areas of molecular filtration and activated carbon solutions. A new line of filtration products has recently been added to Continental’s rapidly expanding line of aftermarket products. Continental is a trusted supplier of OE-engineered aftermarket parts and a leading global supplier of systems, components, and tires to auto, truck, and agricultural/construction equipment manufacturers. For use in domestic and foreign automobiles, vans, SUVs, and light trucks, the new line offers a variety of OE-quality oil, fuel, air, and cabin filters. To ensure the best engine performance and the least amount of fuel consumption, Continental premium oil filters are made using the latest cutting-edge technology and creative filter media. Both spin-on and immersion variants of the filters are available. By effectively removing pollutants and dirt particles that might block injectors, increase engine wear, and affect fuel consumption, Continental air filters assist in ensuring a steady supply of air to the combustion chamber. Even in inclement weather, Continental Cabin filters have a pollen and active carbon composition that offers the optimum climate and comfort inside the automobile. The nonwoven material used to make the pollen filters can trap more than 90% of particles with a diameter of over 2 m. To fulfill the needs of contemporary high-performance fuel injection systems, Continental gasoline fuel filters use cutting-edge technology. To assist minimize power loss and potential engine damage, the filters are made to separate water from gasoline while also holding onto pollutants smaller than a micrometer. FRAM has announced the launch of FRAM Synthetic Endurance, a new premium oil filter available exclusively at Walmart. When used in conjunction with the right synthetic motor oil, FRAM Synthetic Endurance is a high-flow synthetic oil filter that gives optimal protection and performance for up to 25,000 miles. FRAM Synthetic Endurance is designed with a heavier steel construction to handle the demands of today’s higher-pressure engines. PurolatorTech Filters recently introduced a new range of heavy-duty oil filters meant to give better engine protection and longer filter life than regular filters. The filters are designed to trap more impurities and include a heavy-duty silicone anti-drain back valve for increased security during engine shutdowns. ACDelco Professional Cabin Air Filters recently introduced a new range of cabin air filters designed to increase air quality and comfort in the cabin. The filters are produced with high-quality filter media and have a multi-layer design for improved filtration efficiency and airflow. Mann-Filter FreciousPlus is a cabin air filter that captures allergens, pollutants, and unpleasant odors by combining activated charcoal and a bio-functional layer. It also has a biocide treatment to keep mold and germs at bay. Bosch HEPA Cabin Air Filters collect particles as small as 0.3 microns, including allergies, germs, and viruses, using a high- efficiency particulate air (HEPA) medium. They are also intended to increase cabin comfort by providing superior airflow. Donaldson Blue Oil Filters uses synthetic fiber media that outperforms traditional cellulose media in terms of filtering efficiency and engine protection. They also have a silicone anti-drain back valve that keeps oil in the filter during engine shutdowns, lowering the possibility of a dry start. WIX XP Filters: When compared to typical cellulose media, these filters use a synthetic media that provides higher filtration efficiency and a longer filter life. They are intended for use in high-performance engines and harsh environments. AUTOMOTIVE FILTERS MARKET RECENT TECHNOLOGICAL ADVANCEMENT Nanofiber Technology: This technology employs ultra-fine fibers to produce a dense, uniform filter medium capable of capturing smaller particles than ordinary filter media. This enables greater air and fluid filtering, which can lead to enhanced engine performance and filter life. Electrostatic Filters: These filters attract and trap particles by using an electrostatic charge. They’re often utilized in cabin air filters to filter out pollen, dust, and other allergens. Active Charcoal Filters: These filters absorb odors and other impurities from the air by using activated charcoal. They are frequently used in cabin air filters to improve air quality and minimize odors. Smart filters employ sensors and software to monitor filter performance and determine when it is time to replace a filter. This can help to ensure maximum engine performance while also lowering maintenance expenditures. Additive Manufacturing: Using 3D printing, this technique enables for the manufacture of complicated, high-performance filters. This can result in faster prototyping and more efficient manufacturing processes.

  6. +1 By submitting this form, you are agreeing to the Terms of Use and Privacy Policy. AUTOMOTIVE FILTERS MARKET NEW PRODUCT LAUNCH Ahlstrom launched Ahlstrom ECO, a lignin-based sustainable automotive filter media. Ahlstrom ECO is a technology that offers filter producers a new option while fulfilling the growing sustainability requirements of the worldwide transportation business. Using lignin-based impregnation in place of resin derived from fossil fuels, Ahlstrom has created a new renewable and sustainable filter media. While the mechanical qualities and durability of the filter media, even in difficult settings, are preserved, the resin solution contains a sizable quantity of bio-based, renewable lignin. Ahlstrom’s first calculations indicate that the novel lignin-based impregnated filter media has a lower carbon footprint than a typical resin media made of fossil fuels. A significant reduction in formaldehyde emissions during the curing process, of between 50 and 70%, is also brought about by the lignin-based impregnation recipe. Ahlstrom is working with Tecfil, a top producer of automobile filters in Latin America, to integrate Ahlstrom ECO into a final filter design. Ahlstrom ECO is an ideal illustration of how they are carrying out their purpose to Purify and Protect every fiber for a sustainable world, as well as their dedication to inventing fiber-based specialty solutions to meet the demands of their customers and assist them in addressing some of the world’s difficulties. Their cooperative efforts with Tecfil have been successful, and they are happy to be able to provide the market with this innovative, green solution. A new, green filter solution was created as a consequence of an excellent partnership between the two teams, Ahlstrom and Tecfil. The government’s environmental safety rules and the regulatory bodies’ emission standards are what motivate the development of the automotive filter market. The market for automobile fuel & oil filters is, however, constrained by the adoption of electric vehicles. On the other hand, it is anticipated that a rise in vehicle demand in emerging economies will open up profitable chances for this sector. The carburetor and engine are protected from dirt particles such as pollen, exhaust fumes, bacteria, and others by the automotive filter. This decreases the amount of air pollutants that automobiles emit, lowers maintenance costs, and increases the lifespan of the vehicle. Vehicles that release dangerous gases including hydrocarbons (HC), nitrogen oxide (NOx), carbon monoxide (CO), and others are subject to strict emission regulations set forth by the government and emission agencies. For instance, the U.S. Environmental Protection Agency (EPA) has modified regulations about the national program for greenhouse gas emissions (GHG) and fuel efficiency criteria for light-duty vehicles (passenger cars and trucks). In a similar vein, German cities have the right to prohibit obsolete diesel automobiles by European Union regulations to lessen air pollution. These elements are anticipated to fuel the market for automobile filters worldwide in general terms of growth. The demand for battery electric vehicles has increased as a result of reduced maintenance costs, which also lower total costs. This in turn propels the growth of the automotive filter market. AUTOMOTIVE FILTERS MARKET COMPETITIVE LANDSCAPE The Automotive Filters market is predominantly ruled by the European filter manufacturers in the OE market. A few of them are Bosch Auto Parts, Mann+Hummel, and Hengst share the maximum market share. Donaldson and Parker Hannifin from the US are the leading manufacturers in the US region. Denso and Toyota Boshoku are the Japanese filter manufacturers. In aftermarket sales, K&N from the US has been the aftermarket leader. Fleetguard Filters from India have been supplying filters to major Cummins Filtrations and other OEMs across the world. UFI Filters which has a production plant in Haryana, has been able to launch cabin air filter products at the price of just 25% of the vehicle’s original cabin filter. Jan 2022 – MANN+HUMMEL acquired the remaining shares of Pamlico Air, resulting in 100 percent ownership of the company. In March 2021, 55% of the shares in CleanAire, LLC, were acquired for EUR 45.9 million. With the acquisition of CleanAire, LLC, the MANN+HUMMEL Group intends to accelerate growth in the market for room air filtration, one of the largest and fastest-growing filtration segments. The aftermarket market is highly fragmented and dominated over the OE market, by the regional players and the competitive landscape will vary regionally.

  7. +1 By submitting this form, you are agreeing to the Terms of Use and Privacy Policy. AUTOMOTIVE FILTERS MARKET GEOGRAPHY OVERVIEW North America The North American market, particularly the USA, will be one of the prime markets for the automotive Filters Market) due to the nature of industrial automation in the region, high consumer spending compared to other regions, and the growth of various industries, mainly AI, along with constant technological advancements. The GDP of the USA is one of the largest in the world, and it is home to various industries such as Pharmaceuticals, Aerospace, and Technology. The average consumer spending in the region was $72K in 2023, and this is set to increase over the forecast period. Industries are focused on industrial automation and increasing efficiency in the region. This will be facilitated by the growth in IoT and AI across the board. Due to tensions in geopolitics, much manufacturing is set to shift towards the USA and Mexico, away from China. This shift will include industries such as semiconductors and automotive. Europe The European market, particularly Western Europe, is another prime market for (Automotive Filters Market) due to the strong economic conditions in the region, bolstered by robust systems that support sustained growth. This includes research and development of new technologies, constant innovation, and developments across various industries that promote regional growth. Investments are being made to develop and improve existing infrastructure, enabling various industries to thrive. In Western Europe, the margins for the automotive Filters Market) are higher than in other parts of the world due to regional supply and demand dynamics. Average consumer spending in the region was lower than in the USA in 2023, but it is expected to increase over the forecast period. Eastern Europe is anticipated to experience a higher growth rate compared to Western Europe, as significant shifts in manufacturing and development are taking place in countries like Poland and Hungary. However, the Russia-Ukraine war is currently disrupting growth in this region, with the lack of an immediate resolution negatively impacting growth and creating instability in neighboring areas. Despite these challenges, technological hubs are emerging in Eastern Europe, driven by lower labor costs and a strong supply of technological capabilities compared to Western Europe. There is a significant boom in manufacturing within Europe, especially in the semiconductor industry, which is expected to influence other industries. Major improvements in the development of sectors such as renewable energy, industrial automation, automotive manufacturing, battery manufacturing and recycling, and AI are poised to promote the growth of the automotive Filters Market) in the region. Asia Asia will continue to be the global manufacturing hub for (Automotive Filters Market) over the forecast period with China dominating the manufacturing. However, there will be a shift in manufacturing towards other Asian countries such as India and Vietnam. The technological developments will come from China, Japan, South Korea, and India for the region. There is a trend to improve the efficiency as well as the quality of goods and services to keep up with the standards that are present internationally as well as win the fight in terms of pricing in this region. The demand in this region will also be driven by infrastructural developments that will take place over the forecast period to improve the output for various industries in different countries. There will be higher growth in the Middle East as investments fall into place to improve their standing in various industries away from petroleum. Plans such as Saudi Arabia Vision 2030, Qatar Vision 2030, and Abu Dhabi 2030 will cause developments across multiple industries in the region. There is a focus on improving the manufacturing sector as well as the knowledge-based services to cater to the needs of the region and the rest of the world. Due to the shifting nature of fossil fuels, the region will be ready with multiple other revenue sources by the time comes, though fossil fuels are not going away any time soon. Africa Africa is expected to see the largest growth in (Automotive Filters Market) over the forecast period, as the region prepares to advance across multiple fronts. This growth aligns with the surge of investments targeting key sectors such as agriculture, mining, financial services, manufacturing, logistics, automotive, and healthcare. These investments are poised to stimulate overall regional growth, creating ripple effects across other industries as consumer spending increases, access to products improves, and product offerings expand. This development is supported by both established companies and startups in the region, with assistance from various charitable organizations. Additionally, the presence of a young workforce will address various existing regional challenges. There has been an improvement in political stability, which has attracted and will continue to attract more foreign investments. Initiatives like the African Continental Free Trade Area (AfCFTA) are set to facilitate the easier movement of goods and services within the region, further enhancing the economic landscape. RoW Latin America and the Oceania region will showcase growth over the forecast period in (Automotive Filters Market). In Latin America, the focus in the forecast period will be to improve their manufacturing capabilities which is supported by foreign investments in the region. This will be across industries mainly automotive and medical devices. There will also be an increase in mining activities over the forecast period in this region. The area is ripe for industrial automation to enable improvements in manufacturing across different industries and efficiency improvements. This will lead to the growth of other industries in the region. AUTOMOTIVE FILTERS MARKET MARGIN COMPARISON

  8. Margin Comparison Region Remarks (Highest to lowest) The supply chain demands and the purchasing power in the region enable suppliers to extradite a larger margin from this region than other 1 Europe regions. This is for both locally manufactured as well as imported goods and services in the region. Due to the high spending power in this region, the margins are higher +1 compared to the rest of the world, but they are lower than in Europe as 2 North America there is higher competition in this region. All the suppliers of goods and services target the USA as a main market thereby decreasing their margins compared to Europe By submitting this form, you are agreeing to Lower purchasing power, coupled with higher accessibility of services in the Terms of Use and Privacy Policy. this region doesn’t enable suppliers to charge a high margin making it 3 Asia lower than Europe and North America. The quality of goods and services is also affected due to this aspect in the region The margins are the lowest in this region, except for Australia and New Zealand as the countries in this region don’t have much spending power 4 Africa and ROW and a large portion of the products and services from this area is exported to other parts of the world AUTOMOTIVE FILTERS MARKET SEGMENTATION Automotive Filters Market By type of Filter used Air Filter Oil Filter Cabin Filter Others Automotive Filters Market By End Use OE Replacement Automotive Filters Market By Vehicle Usage Passenger Vehicles Commercial Vehicles 2 & 3W Wheeled Vehicles Automotive Filters Market By Geography North America China Europe Asia Ex-China ROW AUTOMOTIVE FILTERS MARKET COMPANY PROFILE 1. Mann+Hummel 2. Donaldson 3. Hengst 4. Mahle 5. Bosch 6. Denso 7. Inzin 8. Zenith 9. Fleetguard 10. Alco 11. K&N 12. Toyota Boshoku 13. Viking Filters 14. Parker Hannifin 15. Freudenberg 16. BMC filters 17. UFI filters 18. SOGEFI group AUTOMOTIVE FILTERS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS 1. Automotive Filters Market Size and Forecast, by region, by application 2. Average B-2-B price for Automotive Filters Market, by region, per user 3. Technology trends and related opportunities for new Automotive Filters Market tech suppliers 4. Automotive Filters Market share of leading vendors, by region, 5. Coronavirus impact on Automotive Filters Market earnings RELATED REPORTS

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