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Automotive Oil Filter Market Is Expects A Robust 4.0% CAGR By 2032

Report

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.

๐——๐—ผ๐˜„๐—ป๐—น๐—ผ๐—ฎ๐—ฑ ๐—ฎ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—–๐—ผ๐—ฝ๐˜† ๐—ผ๐—ณ ๐—ง๐—ต๐—ถ๐˜€ ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜: –
https://www.factmr.com/connectus/sample?flag=S&rep_id=288ย 

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—š๐—ฟ๐—ผ๐˜„๐˜๐—ต ๐—ฎ๐—ป๐—ฑ ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐—ฟ๐˜€

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— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ : –

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.

๐—”๐˜‚๐˜๐—ผ๐—บ๐—ผ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ข๐—ถ๐—น ๐—™๐—ถ๐—น๐˜๐—ฒ๐—ฟ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜- ๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ

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.

๐—ฅ๐—ฒ๐—ฐ๐—ฒ๐—ป๐˜ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ก๐—ฒ๐˜„๐˜€

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.

๐—ž๐—ฒ๐˜† ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐˜€ ๐—–๐—ผ๐˜ƒ๐—ฒ๐—ฟ๐—ฒ๐—ฑ ๐—ถ๐—ป ๐˜๐—ต๐—ฒ ๐—”๐˜‚๐˜๐—ผ๐—บ๐—ผ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—ข๐—ถ๐—น ๐—™๐—ถ๐—น๐˜๐—ฒ๐—ฟ ๐—œ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐˜† ๐—ฆ๐˜‚๐—ฟ๐˜ƒ๐—ฒ๐˜†

๐—•๐˜† ๐—™๐˜‚๐—ฒ๐—น ๐—™๐—ถ๐—น๐˜๐—ฒ๐—ฟ :

Gasoline

Diesel

Alternative Fuels (Ethanol, CNG, etc.)

๐—•๐˜† ๐—™๐—ถ๐—น๐˜๐—ฒ๐—ฟ ๐—ง๐˜†๐—ฝ๐—ฒ :

Fuel Filter

Engine Oil Filter

Hydraulic Filter

Others

๐—•๐˜† ๐—™๐—ถ๐—น๐˜๐—ฒ๐—ฟ ๐— ๐—ฒ๐—ฑ๐—ถ๐—ฎ :

Cellulose

Synthetic

Other Oil Filter

๐—•๐˜† ๐—ฉ๐—ฒ๐—ต๐—ถ๐—ฐ๐—น๐—ฒ ๐—ง๐˜†๐—ฝ๐—ฒ :

Passenger Car

Commercial Vehicle

๐—•๐˜† ๐—ฆ๐—ฎ๐—น๐—ฒ๐˜€ ๐—–๐—ต๐—ฎ๐—ป๐—ป๐—ฒ๐—น :

OEM

Aftermarket

๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฎ๐—ป๐—ฎ๐—น๐˜†๐˜€๐—ถ๐˜€ ๐—ถ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ๐˜€

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)

๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐—ฃ๐—ฟ๐—ผ๐˜€๐—ฝ๐—ฒ๐—ฐ๐˜๐˜€

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.

๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฒ ๐˜๐—ต๐—ถ๐˜€ ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ณ๐—ผ๐—ฟ ๐˜†๐—ผ๐˜‚๐—ฟ ๐˜€๐—ฝ๐—ฒ๐—ฐ๐—ถ๐—ณ๐—ถ๐—ฐ ๐—ฟ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐˜€๐—ผ๐—น๐˜‚๐˜๐—ถ๐—ผ๐—ป:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=288ย 

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11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E Mail :ย sales@factmr.comย 

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