Global Automotive Filters Market Report and Forecast 2023-2028

Global Automotive Filters Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global automotive filters market reached a value of USD 16.70 billion in 2022. Aided by the growing demand for vehicle maintenance and the escalating applications of automotive filters in the automobile industry, the market is projected to further grow at a CAGR of 3.5% between 2023 and 2028 to reach a value of USD 20.53 billion by 2028.

Automotive filters are crucial elements in vehicle systems, responsible for removing impurities and contaminants from different vehicle fluids and air. These filters play a vital role in enhancing vehicle performance, extending vehicle life, and maintaining overall vehicle health. Given their significance, automotive filters find extensive use in various vehicles, including cars, trucks, and commercial vehicles, across engine air intake systems, fuel systems, oil systems, and cabin air systems.

The rising consumer emphasis on regular vehicle maintenance and high vehicle performance is driving the global automotive filters market growth. With growing awareness of the benefits associated with regular vehicle maintenance, such as improved fuel efficiency, extended vehicle lifespan, and reduced emissions, there has been a considerable shift towards routine vehicle servicing, leading to a surge in demand for automotive filters.

Moreover, the tightening vehicle emission norms and regulations worldwide further contribute to the increasing popularity of automotive filters. These filters, particularly air filters and fuel filters, are critical in controlling vehicle emissions and meeting regulatory standards, thus enhancing their demand.

The expanding applications of automotive filters in various vehicle systems also significantly influence the automotive filters market development. In the engine system, filters are indispensable for maintaining engine health by preventing the entry of contaminants into the engine. Similarly, in fuel systems, filters ensure the supply of clean fuel to the engine, which is crucial for optimal engine performance.

The cabin air system is another area where automotive filters play an essential role. These filters help improve in-cabin air quality by filtering out pollutants and allergens, thus enhancing driver and passenger comfort and health.

Moreover, the growing demand for electric vehicles (EVs) globally has also led to an increased focus on automotive filters. Although EVs require fewer filters compared to conventional vehicles, certain filters such as cabin air filters and coolant filters remain crucial for EVs' operation, thereby boosting the automotive filters market expansion.

Market Segmentation

The market can be divided based on media type, filter type, distribution channel, vehicle type, and region.

Market Breakup by Media Type

• Cellulose
• Fibreglass
• Others

Market Breakup by Filter Type

• Air Filters
• Fuel Filters
• Hydraulic Filters
• Oil Filters
• Coolant Filters
• Steering Filters
• Others

Market Breakup by Distribution Channel

• OEM
• Aftermarket

Market Breakup by Vehicle Type

• Commercial Vehicles
• Passengers Vehicles
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global automotive filters companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• DENSO Corporation
• Donaldson Company, Inc.
• General Motors
• Hengst SE
• Hollingsworth & Vose Company
• K&N Engineering, Inc.
• MANN+HUMMEL International GmbH & Co. KG
• Parker-Hannifin Corporation
• Robert Bosch LLC
• Sogefi SpA
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.