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According to a new market research report published by Credence Research “Automotive\nFilters Market (Filter Type – Air Filter, Oil Filter and Fuel Filter; Vehicle Class – Two wheelers,\nPassenger Cars and Commercial Vehicles (LCV, HCV & Offroad); Sales Channel – Original\nEquipment Manufacturers (OEMs) and Aftermarket Sales) – Growth, Future Prospects and\nCompetitive Analysis, 2017 - 2025

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credence research inc

Credence Research Inc.

“Automotive Filters Market- Growth, Share, Opportunities, Competitive

Analysis, and Forecast 2016 – 2023”

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E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web: http://www.credenceresearch.com

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According to a new market research report published by Credence Research “Automotive

Filters Market (Filter Type – Air Filter, Oil Filter and Fuel Filter; Vehicle Class – Two wheelers,

Passenger Cars and Commercial Vehicles (LCV, HCV & Offroad); Sales Channel – Original

Equipment Manufacturers (OEMs) and Aftermarket Sales) – Growth, Future Prospects and

Competitive Analysis, 2017 - 2025”, the global automotive filters market is set to expand with

a CAGR of 6.7% through the forecast period of 2017 to 2025.

Browse the full report at http://www.credenceresearch.com/report/automotive-

filters-market

Market Insights

Automotive filters are responsible for efficient functioning of various automotive modules

including engine, suspension, transmission, HVAC and several others. These are primarily used

for filtering air (entering engine as well as vehicle cabin), engine oil and fuel. Due to growing

need for more efficient and environment friendly vehicles, automotive filters have gained

immense significance over the period of time. The overall automotive filters market is highly

driven by the consistently rising automotive production across the world. Despite the

automotive industry slowdown, the Asia Pacific region has managed to maintain its growth

pace, in terms of automotive production and consumption. Subsequently, continued

anticipated growth in the overall automotive sector is estimated to generate steady demand

for automotive filters in the following years.

Another major factor fueling the market growth is tightening environment regulations on

vehicle emissions. Increasing concerns regarding air pollution would escalate the demand for

more efficient automotive filters in the following years. However, one of the major concerns

for the automotive filters industry is the steadily rising popularity of electric vehicles. Growing

penetration of electric vehicle eliminates the need for automotive filters and hence poses

significant threat. Nevertheless, the impact is projected to remain minimal due to relatively

slow pace of electric vehicles adoption across different regions.

The overall automotive filters market is segmented on the basis of filter type, vehicle class and

end-user. Based on the filter types, the market is further classified into air filters, oil filters

and fuel filters. The air filters segment is further categorized into engine air filter and cabin air

filter. Currently, the market is dominated by the air filters segment. On the basis of vehicle

class, the market is segmented into two wheelers, passenger cars and commercial vehicles. As

of 2016, the market is led by the passenger cars segment, contributing to more than forty

percent of the total market revenue. Further, the automotive filters market is categorized, on

the basis of end-users, into OEMs and aftermarket sales.

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Browse the full Automotive Filters Market - Growth, Future Prospects and Competitive Analysis, 2017 –

2025 report at http://www.credenceresearch.com/report/automotive-filters-market

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About:

Credence Research is a worldwide market research and counseling firm that serves driving organizations,

governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with

making enduring enhancements to their execution and understand their most imperative objectives. Over almost

a century, we've manufactured a firm extraordinarily prepared for this task.

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Name: Chris Smith

Address: 105 N 1st ST #429,

SAN JOSE, CA 95103 US

E-mail: sales@credenceresearch.com

Ph: 1-800-361-8290

Web: http://www.credenceresearch.com