The global automotive oil filter market reached a valuation of US$ 70.0 Billion, and is likely to register a Y-o-Y growth rate of 3.0% in 2022, closing at US$ 72.8 Billion. Furthermore, across the 2022-2032 period of assessment, growth is expected to accelerate at a whopping 4.0% CAGR, reaching US$ 107.76 Billion.
Automotive Oil filters are intended to eradicate dust and dirt particles from the oil filter is basically intended to remove contaminants from transmission oil, lubricating oil, engine oil and hydraulic oil. They are used in various types of hydraulic machineries.The global automotive oil filter market is expected to grow significantly over the forecast period. Oil filters are obligatory parts in a vehicle. These filters have a limited life, which leads to spur the demand for automotive oil filter in the aftermarket.
๐๐ผ๐๐ป๐น๐ผ๐ฎ๐ฑ ๐ฎ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ๐ฝ๐ ๐ผ๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: –
https://www.factmr.com/connectus/sample?flag=S&rep_id=288ย
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ฟ๐ผ๐๐๐ต ๐ฎ๐ป๐ฑ ๐๐ฟ๐ถ๐๐ฒ๐ฟ๐
The automotive oil filter market has seen sustained growth due to several key drivers. First and foremost, the increasing global vehicle population has led to higher demand for oil filters. As more vehicles hit the roads, the need to regularly change and maintain oil filters becomes essential for the longevity and optimal performance of the engines.
Furthermore, the growing awareness of environmental concerns and regulations has led to advancements in oil filter technology. Manufacturers are developing eco-friendly oil filters that not only remove impurities but also contribute to reducing emissions, ultimately aligning with stricter environmental standards.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฃ๐น๐ฎ๐๐ฒ๐ฟ๐ : –
FRAM Group IP LLC
Sogefi S.p.A
Hengst SE & Co. KG
Robert Bosch GmbH
K & N Engineering, Inc.
UFI FILTERS Spa
Champion Laboratories, Inc.
Donaldson Company, Inc.
Mann+Hummel GmbH
Cummins Inc.
Freudenberg & Co. KG.
๐๐๐๐ผ๐บ๐ผ๐๐ถ๐๐ฒ ๐ข๐ถ๐น ๐๐ถ๐น๐๐ฒ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐- ๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
Prominent players in the Automotive Oil Filter Industry are taking advantage of the rapidly increasing demand for the Automotive Oil Filter in various applications. To further their outreach, players are relying on collaborations, partnerships and acquisitions with existing small, medium and large-scale vendors. Some prominent market developments are as follows:
In April 2021, at the Technology and Maintenance Council (TMC) Spring Meeting, Donaldson Company, Inc. announced its Filter Minder Connect solution, which is available for monitoring fuel filters and engine oil conditions on heavy-duty engines. This product development focuses on increasing filtration efficiency.
In July 2020, Hengst Filtration announced that it had acquired the hydraulic filtration business of Bosch Rexroth AG. With this acquisition, Hengst sustainably extended its Industrial Filtration division which commenced with the take-over of Nordic Air Filtration and Delbag.
In June 2020, Donaldson Company, Inc. announced that it had reached a mutual agreement with Nelson Global Products, Inc. to terminate Nelson’s previously disclosed purchase offer for Donaldson’s Exhaust and Emissions (E&E) business. The transaction would have included Donaldson’s dedicated E&E sales and engineering functions, production facilities, and lab capabilities.
๐ฅ๐ฒ๐ฐ๐ฒ๐ป๐ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ก๐ฒ๐๐
Recent developments in the automotive oil filter market underline the industry’s commitment to innovation and adaptation. Here are some notable trends and news items:
Advanced Filter Materials: Manufacturers are continuously researching and implementing new materials for oil filter production. Advanced filter media materials, such as synthetic fibers and microglass, are being used to enhance filtration efficiency and capacity.
Sustainability and Eco-Friendly Filters: Environmental consciousness has driven the development of eco-friendly oil filters. Some filters are now designed to be recyclable, while others focus on reducing waste by extending their service life. Additionally, there’s a shift toward eco-friendly manufacturing processes.
Remote Monitoring and IoT Integration: Some oil filter manufacturers are exploring the integration of IoT (Internet of Things) technology into their filters. This allows for remote monitoring of filter performance and efficiency, ensuring that oil changes are carried out precisely when needed, reducing waste and optimizing engine performance.
Specialized Filters for Electric and Hybrid Vehicles: With the rise of electric and hybrid vehicles, manufacturers are developing specialized oil filters designed to meet the unique needs of these vehicles. These filters cater to the reduced wear and tear on electric drivetrains and the specific cooling requirements of hybrid powertrains.
Market Expansion: The market is expanding into emerging economies where the automotive industry is on the rise. Growing vehicle ownership and increasing consumer awareness of the importance of proper maintenance are contributing to this expansion.
๐๐ฒ๐ ๐ฆ๐ฒ๐ด๐บ๐ฒ๐ป๐๐ ๐๐ผ๐๐ฒ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ฒ ๐๐๐๐ผ๐บ๐ผ๐๐ถ๐๐ฒ ๐ข๐ถ๐น ๐๐ถ๐น๐๐ฒ๐ฟ ๐๐ป๐ฑ๐๐๐๐ฟ๐ ๐ฆ๐๐ฟ๐๐ฒ๐
๐๐ ๐๐๐ฒ๐น ๐๐ถ๐น๐๐ฒ๐ฟ :
Gasoline
Diesel
Alternative Fuels (Ethanol, CNG, etc.)
๐๐ ๐๐ถ๐น๐๐ฒ๐ฟ ๐ง๐๐ฝ๐ฒ :
Fuel Filter
Engine Oil Filter
Hydraulic Filter
Others
๐๐ ๐๐ถ๐น๐๐ฒ๐ฟ ๐ ๐ฒ๐ฑ๐ถ๐ฎ :
Cellulose
Synthetic
Other Oil Filter
๐๐ ๐ฉ๐ฒ๐ต๐ถ๐ฐ๐น๐ฒ ๐ง๐๐ฝ๐ฒ :
Passenger Car
Commercial Vehicle
๐๐ ๐ฆ๐ฎ๐น๐ฒ๐ ๐๐ต๐ฎ๐ป๐ป๐ฒ๐น :
OEM
Aftermarket
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐ ๐ถ๐ป๐ฐ๐น๐๐ฑ๐ฒ๐
North America (U.S., Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
CIS & Russia
Japan
Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
๐๐๐๐๐ฟ๐ฒ ๐ฃ๐ฟ๐ผ๐๐ฝ๐ฒ๐ฐ๐๐
The automotive oil filter market is set to continue growing, with several factors shaping its future:
Technological Advancements: Ongoing innovation in filter materials and designs will lead to even more efficient and long-lasting oil filters. Enhanced filtration capacity and eco-friendly solutions will be at the forefront of technological advancements.
Electric Vehicle Growth: The shift toward electric vehicles will create new opportunities for oil filter manufacturers to develop specialized filters tailored to the unique lubrication needs of these vehicles.
Environmental Regulations: Stringent environmental regulations will drive the development of more eco-friendly and recyclable oil filters, ensuring that the automotive industry remains compliant with evolving standards.
DIY Maintenance Trend: The trend of DIY vehicle maintenance is likely to continue, as more vehicle owners become inclined to take charge of their car care. This will contribute to increased sales of oil filters in the aftermarket.
IoT Integration: The integration of IoT technology into oil filters will improve efficiency and reduce waste in oil changes, while also enhancing engine performance. This trend is expected to gain further traction.
๐๐๐๐๐ผ๐บ๐ถ๐๐ฒ ๐๐ต๐ถ๐ ๐ฟ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ณ๐ผ๐ฟ ๐๐ผ๐๐ฟ ๐๐ฝ๐ฒ๐ฐ๐ถ๐ณ๐ถ๐ฐ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต ๐๐ผ๐น๐๐๐ถ๐ผ๐ป:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=288ย
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