Rising Health Concern among the People Is Majorly Influencing the Growth Of Global Automotive Air Filter Market
According to a new report published by Reports Monitor titled, “Global Automotive Air filters Market, Growth Opportunities, Innovations and Forecast, 2017-2025,” the Automotive Air filters market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025.
Air filter is an automotive component adopted to remove particulate matter and other kind of impurities from air. There exist two types of air filters in automotive applications, regular engine filters and cabin air filters. Engine air filters are responsible for providing filtered particulate free air to engine, while cabin air filters are responsible for removing contaminants from passenger compartment.
Growing health concern within the people coupled with rising environmental pollution forms the major factor in boosting the growth of market. Progressive transition towards the adoption of new fiber materials backed by technological advancement is also influencing the market growth positively. However, increasing sale of electric vehicles is majorly restraining the market growth.
This report provides a detailed analysis of Automotive Air filters market, which includes current industry situations such as market size, growth and demands, market outlook, major players with their key strategies such as investment, mergers and acquisitions, value chain analysis and swot analysis. It covers the market canvas and the growth opportunities in the coming years. The report has been made with an in-depth analysis along with important inputs from the various industry experts. The research is carried out with both extensive primary and secondary data sources with bottom-up and top-down approaches.
Global automotive air filter market is majorly segmented on the basis of materials, end-use and applications. Based on the materials used, market is segmented into: paper air filters, cabin air filters, cotton and foam air filters, and while based on end-use market is bifurcated into: original equipment manufacturer and aftermarket. Based on area of applications, market is segmented into: passenger car, light and heavy commercial vehicle, two wheelers.
Global Automotive Air filter market is majorly analyzed across: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa). Stringent laws and regulations in reducing the emission from automotive is majorly influencing the growth of North America and Europe, while surging demand for automotive in the developing economies such as China, India and others is propelling the growth of Asia Pacific.
Some of the major players operating in the market are: Ahlstrom Corporation, Ac Delco Inc., Affinia Group Inc., Denso Corporation, Hengst GMBH & Co. Kg, Clarcor Inc., Freudenberg & Co. Kg, Hollingsworth & Vose Co. Inc., Parker Hannifin Corp., Roki Co. Ltd, Lydall Inc., Mann+Hummel, Toyota Boshoku Corporation. Donaldson Company Inc., Cummins Inc., K&N Engineering Inc., Mahle GmbH, Neenah Paper Inc., SogefiS.p.A. Robert Bosch GmbH, and Valeo S.A.
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