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Oil Filter Market Status (2017-2021) and Forecast Market Analysis, Regional Outlook, Segment Growth Potential, and Competitive Market Share Analysis, 2022-2028

Format: PDF | Pages: 264 | Report ID: MRS1167


Report Description

The global Oil Filter market size is estimated at USD 3,190.8 million in 2021, expanding at a CAGR of 6.1% from 2022 to 2028 to reach 4,800.5 million USD in 2028.

Market Dynamics

The oil filter is a car item that keeps the vehicle's oil condition up to par. The purpose of an oil filter is to isolate impurities from the oil but also filter those out, leaving the oil pure and clean. This improves the condition of the lubricant and extends its life, as well as ensures efficient vehicle performance. As a consequence, the engine's health is ensured by using safe, clean oil. Because the pistons function on the oil level within the engine, impurities can reach the piston and cause damage to the motor. As a result, the demand for oil filters is growing to maintain the motor's and vehicle's security, resulting in the rise of the oil filter industry in the foreseeable years.

The need for oil filters is steadily expanding as the automobile infrastructure improves. The need for oil filters and engine oil rises as vehicle manufacturing and sales rise. Furthermore, as people's worries about environmental protection and fuel economy have grown, the oil filter industry has grown as well. As a result, the market is expected to increase in the coming years.

The rise in the populace and the number of cars on the road has led to a significant increase in dangerous gas pollutants. Nevertheless, as people's worries about the planet and reducing pollutants have grown, the oil filter industry has grown as well. As a consequence, the oil filter lowers emissions and increases fuel efficiency. As a result, the oil filter industry is expected to develop in the coming years.

Regional Insights

APAC accounted for the majority percent and is expected to maintain its dominance over the forecast period. India, China, and Japan are all part of the Asia-Pacific region. Non-industrial countries such as Japan, India, and China, where the car industry is rapidly growing, have engulfed the district.

Throughout the forecast period, North America is expected to hold a major percent share of the global market. People's awareness of the benefits supplied by the network and people's act of DIY management in the region are two factors that promote the auto networks reseller's interchange in North America.

Segment Dynamics

The Oil Filter market is fragmented into the Product Type, Filter media, and end-user segments. Based on the Product Type, the base gasket Product Type segment is anticipated to dominate the market. By Filter Media, the cellulose segment is projected to grow at the highest CAGR during the forecast period. By end-user, the passenger car segment is expected to hold the majority of the market share.

Competitive Insights

Industry executives have been focusing on inorganic approaches including mergers & acquisitions, as well as establishing coalitions with smaller businesses, to broaden their brand portfolios and gain a larger share of the industry. Large technology corporations are investing in innovation laboratories and competence institutes, as well as collaborating with other research groups, in order to increase their market share.

The report begins with an overview of the Industry Chain structure, and describes the industry environment, then analyses the market size and forecast of Oil Filter by Product Type, end-user, region, and Filter Media. In addition, this report introduces the market competition situation among the vendors, and the company profile, besides, market price analysis, and value chain features are covered in this report.

Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products etc.):

  • 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

Product Type Coverage (Market Size & Forecast, Main Consumer Analysis, etc.):

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

Filter Media Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

  • Synthetic
  • Cellulose
  • Others

End-User Coverage (Market Size & Forecast, Main Consumer Analysis etc.):

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

Region Coverage (Regional Consumption, Demand & Forecast by Countries etc.):

  • North America (U.S., and Canada)
  • Europe (Germany, U.K., France, Italy, Spain etc.)
  • Asia-Pacific (China, India, Japan, Indonesia, Malaysia, Australia, South Korea, etc.)
  • South America (Brazil, Mexico, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, Kuwait, UAE, South Africa etc.)

Frequently Asked Questions

The global Oil Filter market size is estimated at USD 3,190.8 million in 2021, expanding at a CAGR 6.1% from 2022-2028 to reach 4,800.5 million USD in 2028.
North America captured the highest revenue in 2021 and is projected to continue its dominance during the study period.
The global Oil Filter market size is expanding at a CAGR 6.1% from 2022-2028 to reach 4,800.5 million USD in 2028.
Asia Pacific (especially China, and India) region is projected to grow at the fastest growth rate during the study period.
Industry executives have been focusing on inorganic approaches including mergers & acquisitions, as well as establishing coalitions with smaller businesses, to broaden their brand portfolios and gain a larger share of the industry. Large technology corporations are investing in innovation laboratories and competence institutes, as well as collaborating with other research groups, in order to increase their market share.

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