The Report “Automotive Air Filters Market by Product, Application and End User – Global Industry Analysis and Forecast to 2022”, issued by Crystal Market Research, the market has come across substantial development in the recent years and is projected to grow significantly over the forecast period.
The Automotive Air Filters Market was worth USD 3.35 billion in the year of 2012 and is expected to reach approximately USD 8.02 billion by 2022, while registering itself at a compound annual growth rate (CAGR) of 8.16% during the forecast period.
Industry Outlook and Trend Analysis
The worldwide automotive air filters market is evaluated to witness immense development by virtue of the rising vehicle creation. Supportive regulations and ascend in the production of automobile are relied upon to drive the development. Different perspectives, for example, fast industrialization and urbanization in the nations, for example, China, Malaysia, Vietnam, Indonesia, India and South Korea is required to have a positive effect on the general market growth. Research and development activities to create excellent quality items are anticipated to additionally influence the market development in a positive manner. On the administrative front, orders and directions associated with discharge control are anticipated to significantly affect worldwide market. Euro VI petroleum and diesel basic standard that direct light and heavy vehicles are relied upon to boost the utilization of textile in the automotive filters. Producers have been taking significant efforts to enhance the product portfolio and make superior quality items to meet the growing demand. Developing economies like India and China render major opportunities to the market players.
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Automotive Air Filters Market – Competitive Insights
The global automotive air filters market is extremely aggressive in nature. The major organizations are vigorously putting resources into R&D to have a focused edge over market members. The organizations are putting resources into innovative work to create better items and increase upper hand.
The major players in the market are:
Hollingsworth & Vose
Neenah Paper Inc.
Toyota Boshoku Corporation
Affinia Group Inc.
Parker Hannifin Corp
Hengst GMBH & Co.
Robert Bosch GmbH
Sogefi and Mann+Hummel.
Automotive Air Filters Market – Product Outlook and Trend Analysis
In 2015, the cabin product segment had the most elevated infiltration in the automotive air filters market with a share of 50 percent of the total market volume. The cabin is again anticipated that would be the quickest developing item finished the gauge time frame and is ventured to develop at significant rate in the upcoming years. Increasing requirement in Asia Pacific locale is evaluated to fuel the interest for cabin item.
Automotive Air Filters Market – Application Outlook and Trend Analysis
The passenger car section encountered the most elevated penetration in 2015, by representing a share of 50 percent of the total demand and is anticipated to reflect significant growth in the upcoming years. Development in the manufacturing of automobile in the following years is anticipated to boost the usage of automotive air filters application for the interior parts. Efforts made by the government in regard with environmental concerns are foreseen to spur the requirement for passenger cars applications.
Automotive Air Filters Market – End User Outlook and Trend Analysis
Aftermarket is anticipated to have the most elevated developing in the upcoming years. Supportive regulations and increasing awareness among customers associated with timely changing of filter systems in order to keep the engine intact and appropriate cabin are anticipated to supplement Aftermarket for automotive air filters.
Automotive Air Filters Market – Regional Outlook and Trend Analysis
In 2015, the Asia Pacific automotive air filters market registered for more than 50 percent of the total market. The market was dominated by India over the past ten years trailed by China. North America reflects substantial growth. Canada and United States are nations that are anticipated to encounter lucrative development in the consumption of automotive, hence, supplementing the overall industry in the area. Europe is anticipated to possess a substantial share of the market. Increasing automotive production is anticipated to boost the development.
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By Region: North America: (U.S., Canada & Mexico), Europe: (Germany, UK, France, Russia, Italy & Rest of Europe), Asia-Pacific: (China, Japan, South Korea, India, Southeast Asia & Rest of Asia-Pacific), South America: (Brazil, Argentina, Columbia, South Africa & Rest of South America) and Middle East and Africa: (Saudi Arabia, UAE, Egypt, Nigeria, South Africa & Rest of MEA)
Major Table of Contents –
1.2.1. Secondary Research
1.2.2. Primary Research
Part 4.Automotive Air Filters Market, By Product
4.2.Automotive Air Filters Market Assessment and Forecast, By Product, 2012-2022
4.3.Cabin Air Filters
4.3.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
4.4.Intake Air Filters
4.4.1. Market Assessment and Forecast, By Region, 2012-2022 ($Million)
Part 7.Automotive Air Filters Market, By Region
7.2.Automotive Air Filters Market Assessment and Forecast, By Region, 2012-2022 ($Million)
7.3.1. Market Assessment and Forecast, By Country, 2012-2022 ($Million)
7.3.2. Market Assessment and Forecast, By Product, 2012-2022 ($Million)
7.3.3. Market Assessment and Forecast, By Application, 2012-2022 ($Million)
7.3.4. Market Assessment and Forecast, By End User, 2012-2022 ($Million)
Part 8.Company Profiles
8.1.ACDelco (a division of General Motors)
8.3. Clarcor Inc. (acquired by Parker Hannifin Corporation)
8.5.Cummins Sales & Service Private Limited
8.6.Donaldson Company, Inc
8.8.Freudenberg Filtration Technologies SE & Co. KG
8.9.Hengst SE & Co. KG
Reasons to Buy the Report:
This report focuses on various levels of analysis—industry trends, market ranking of top players, and company profiles, which together form basic views and analyze the competitive landscape, emerging segments of the rapid microbiology testing market, and high-growth regions and their drivers, restraints, challenges, and opportunities. The report will help both established firms as well as new entrants/smaller firms to gauge the pulse of the market and garner greater market shares.
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TO BE CONTINUED…
About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customised research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.
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