Global Oil Filter Market To Record Protruding Growth With US$ 4,800.5 Million By 2028

April 2021 | Report Format: Electronic (PDF)

Increased revenues for oil filters are mostly due to increased health issues among citizens and government organizations in numerous nations as a result of significant greenhouse emissions (GHGs). As a result, the industry's growth is being bolstered by the growing need for automobile security and improving the general efficiency of the engines. Besides that, the booming automotive sector, in tandem with the rising manufacturing of industrial vehicles as a result of increased construction activity, is stimulating the global market for oil filters. Furthermore, major manufacturers are investing heavily in research and production to incorporate pure fuel loads into oil filters.

Aside from that, car owners all around the globe are focused on preventative upkeep to improve vehicle performance and durability. This, in consequence, is propelling the industry forward. Additionally, market participants are expected to benefit from the increasing overall age of cars in operation as a result of continuous improvements in automobile quality and related functionality.

Asia Pacific accounted for a sizable portion of the worldwide vehicle oil filter industry. Because of the rise in car manufacturing in Latin American nations, the market in that region is likely to grow significantly. The industry in these countries is being driven by rising demand for quality and effectiveness, as well as a stimulus to enhance industrialization. IC engine manufacturing is significant in Asia Pacific nations like Japan, China, and Korea which are also focusing more on the corporatization of electric cars, and the gasoline filter and engine lubricating oil sections of the industry in these nations are expected to develop at a modest percentage throughout the predicted timeframe.

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Oil Filter Market Report Highlights

• Denso Corporation, a Japanese automotive parts manufacturer, announced the acquisition of EASE Simulation Inc., a company that invests heavily in vehicle diagnostics research and development.
• MAHLE GmbH released new CleanLine gasoline filters in June 2019. Its gasoline filter ensures that the fuel pumps as well as injecting nozzles will require less servicing. They also protect the injection mechanism in the event that the fuel is of low quality. These also have a high level of dust extraction efficiency over the course of their lives.

OIL FILTER MARKET SEGMENTATION

The research report published by Market Research Strategy contains industry segments, as below-

Oil Filter Product Type Outlook (Revenue, USD Million, 2017 - 2028)

• Base gasket
• Anti-drain black seal
• Canister
• Base plate

Oil Filter Filter Media Outlook (Revenue, USD Million, 2017 - 2028)

• Synthetic
• Cellulose
• Others

Oil Filter End-User Outlook (Revenue, USD Million, 2017 - 2028)

• Passenger Cars
• Two-Wheelers
• Commercial Vehicles
• Others

Oil Filter Regional Outlook (Revenue, USD Million, 2017 - 2028)

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
• Central & South America
  • Brazil
  • Argentina
• Middle East & Africa
  • Saudi Arabia
  • South Africa

List of Key Players- Oil Filter Market

• A.L Filter
• Ahlstrom Corporation
• Alco Filters ltd.
• Champion Laboratories Inc.
• Cummins Inc.
• Denso Corporation
• Donaldson Company Inc.
• Freudenberg & Co. KG
• Hollingsworth and Vose Company
• K&N Engineering Inc.
• Luman Automotive Systems Pvt. Ltd.
• MAHLE Gmb
• Mann Hummel GmbH
• Robert Bosch GmbH
• UFI Filters SPA

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