Automotive Filtration Process Upgrades Accelerate Growth of Automotive Oil and Air Filters Market
- Emergence of new generation filters capable of reducing vehicle emissions and improving engine efficiency to promote growth
- Sum of demand dynamics and opportunities in the automotive oil and air filters market estimated at $ 10.33 billion by 2031
The increasing use of technology supported by IoT devices is redefining automotive filtration processes, which has led to the emergence of next-generation automotive oil and air filters. The exponential increase in the number of commercial and passenger vehicles is creating a demand for automotive components, including automotive oil and air filters.
The growth of e-commerce which has led to a strong demand for commercial vehicles for shipping goods is benefiting the entire automotive industry, including the automotive oil and air filters sector. The kilometers traveled by vehicles to deliver goods lead to a growing need for frequent replacement of oil and air filters. This creates a demand in the market for automotive oil and air filters.
The COVID-19 outbreak and its continuing impact have forced players in the automotive industry to prepare for economic uncertainties in the future. The massive losses suffered in the automotive sector during the pandemic have punctuated the dynamics of electric vehicles and autonomous vehicles. The game of Industry 4.0 during the crisis has led players in the automotive oil and air filters market to harness the technologies to pave the way for futuristic automotive oil and air filters. Such activities are driving the growth of the automotive oil and air filters market.
The collective assessment of all factors leads to the estimation of the Automotive Oil and Air Filters market to increase to 3.9% CAGR for the forecast period 2021-2031.
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Emergence of new generation products to resist aggressive pollutants to create demand, design improvements to allow the use of full engine power
Over the past decade, automotive engines and their components have evolved considerably to adapt to the changing external environment. This implies that new vehicle models are fitted with oil filters which provide extended durability and thermal protection compared to previous vehicles. To meet these needs, manufacturers are using new materials to develop next-generation automotive oil and air filters capable of filtering out destructive contaminants that attack vehicles from the inside. The use of new filter materials based on synthetic fibers or cellulose fibers is increasingly used for automotive air filters. The design and functionality of these air filters are attractive to be able to filter particles down to a few microns, and their special ribs help stabilize the air filter pleats and prevent adhesion of adjacent plies.
R&D for superior products brings together steam
Rising concerns over harmful vehicle emissions such as CO2 have led to strict regulations in several parts of the world to control air emissions. It is mandatory for vehicle manufacturers to comply with air emissions regulations for the use of components. This prompts manufacturers of automotive oil and air filters to invest in R&D for higher quality products.
Automotive Oil and Air Filters Market – Growth Drivers
Longer uptime of commercial vehicles to serve booming e-commerce resulting in frequent replacement of automotive components is fueling the automotive oil and air filter market.
- R&D for next generation products to reduce vehicle emissions and enable full use of engine power to drive growth.
Automotive Oil and Air Filters Market – Key Players
Some of the major players operating in the automotive oil and air filters market are Champion Laboratories Inc., MANN + HUMMEL, Donaldson Company Inc., Robert Bosch GmbH, Cummins Inc., Ahlstrom-Munksjo, Hengst SE, First Brands Group LLC , ExxonMobil Corporation and DENSO CORPORATION.