Growth opportunities in the automotive air filter market look promising over the next six years. This is mainly due to the rising stringency of vehicle emission and fuel economy regulations and continuous expansion of the automotive sector.
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The increasing strictness of vehicle emission and fuel economy rules throughout the world is one of the prominent drivers stimulating the growth of the global automotive air filter market size. The UAE's government, in 2018, introduced Euro 4 norms which have been sanctioned by the Emirates Authority for Standardization and Metrology (ESMA), with the motive to support the environment-friendly fleets in UAE. The ongoing expansion in the automotive sector is fuelling the market growth. As per the European Automobile Manufacturers Association (ACEA), the production of cars adds up to a total of 15.8 million units in the European Union for the year 201.
Numerous technological innovations in the market are further accelerating the market growth. For instance, Freudenberg Filtration Technologies SE & Co. KG is one of the major players in the market that provides fuel cell solutions, cabin and engine intake air filters. The micron Air cabin air filters offer a shield against pollen, wear debris, fine dust, road dust, and other bacteria. Thus, all these features of such filters attract the end-users to this market, thus boosting the market share.
However, in accordance with the market report, stainless steel, polyethylene terephthalate fiber, polyester fiber, and polypropylene fiber are frequently used raw materials in the production of automotive air filters. The inventory pile-up of raw materials and the imbalance in demand and supply ratio have resulted in price instability, thereby restraining the market growth.
Based on the application, passenger cars are predicted to witness a higher CAGR during the forecast period. The vigorous demand for luxury car components like premium-quality air filters for HVAC systems and intake manifolds for enhanced vehicle efficiency is driving the market growth. Also, the rising frequency of filter replacement in passenger cars to sustain the efficiency of performance of vehicles is propelling the market growth.
Based on the regional coverage, North America is anticipated to lead the market over the forecast period. The augmenting demand for aftermarket services, including maintenance, customization, repair, and replacement for improved safety, comfort, and ride quality, is a crucial factor that is accelerating the market growth. Moreover, the surging demand for luxury cars is contributing to the market growth.
Ahlstrom-Munksjö
Mahle GmbH
Sogefi SpA
Donaldson Company, Inc
Parker Hannifin Corp.
Robert Bosch GmbH
Hengst SE
Cummins Inc.
K&N Engineering, Inc.
MANN+HUMMEL
Automotive Air Filter Market Segmentation:
Segmentation by Product:
Intake Air Filter
Cabin Air Filter
Segmentation by Application:
Passenger Cars
Commercial Vehicles
Two Wheelers
Segmentation by End-Use:
Original Equipment Manufacturers (OEMs)
Aftermarket
Segmentation by Region:
North America
United States of America
Canada
Asia Pacific
China
Japan
India
Rest of APAC
Europe
United Kingdom
Germany
France
Spain
Rest of Europe
RoW
Brazil
South Africa
Saudi Arabia
UAE
Rest of the world (remaining countries of the LAMEA region)
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