According to HTF MI, “Global Automotive Filters Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030”. The Global Automotive Filters Market is anticipated to grow at a compound annual growth rate (CAGR) of 4.6% from 2024 to 2030, reaching USD 21.8 Billion in 2024 and USD 30.1 Billion by 2030.
The Automotive Filters Market refers to the industry segment that deals with the production, distribution, and consumption of filters used in automotive vehicles. Automotive filters are essential components that remove contaminants and impurities from fluids and air flowing through the vehicle’s systems, ensuring optimal performance and longevity of various automotive components.
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Key and developing players who have been highlighted as part of the coverage include Mann+Hummel (Germany), Freudenberg & Co. KG (Germany), Parker Hannifin Corp. (United States), Toyota Boshoku Corporation (Japan), Aim Nonwovens and Interiors Pvt. Ltd. (India), Robert Bosch (Germany), Fleetguard Filters Pvt. Ltd. (India), Lucas TVS Ltd. (India), Datsons Engineering Works Pvt. Ltd. (India), Millard Filters India Pvt. Ltd. (India), Alco Filters Ltd. (United Kingdom), WINKEL FILTER LTD. (Turkey), BALTIC FILTER JSC (Lithuania), FILTER POWER (Turkey), Steelbird (India).
Automotive Filters
Market Drivers
- The importance of clean air and the necessity of routine vehicle maintenance.
- Global demand for automobiles is rising.
Market Trend
- Filter maintenance and replacement are constantly needed.
- The market for automotive filters is changing as the use of electric vehicles (EVs) and hybrid vehicles increases.
Market Opportunities
- Rising global demand for automobiles, including passenger cars, commercial vehicles.
- People become more conscious of air pollution and its effects on human health.
Market Restraints
- Fluctuation in the cost
- Strict government regulations
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Key Market Segmentation:
The report has categorized the Automotive Filters market based on type, distribution channel, and region.
Market Breakdown by Applications:
- Cabin Filter, Oil Filter, Fuel Filter, Air Filter, Others
Market Breakdown by Types:
- Oil Mist Elimination, Cooling Fluid Filtration, Parts Washing, Others
Report Scope
The Market size value in 2024 (USD 21.8 Billion)
Revenue Forecast by 2033 (USD 30.1 Billion)
Growth Rate CAGR Of (4.6%)
Historical Years (2019-2023)
Base Year (2023)
Estimated Year (2024)
Short-Term Projection Year (2030)
Regions Covered (North America, Europe, the Middle East and Africa, Latin America, and the rest of the world)
Note: With the help of the Growth Overview Charts, Historical Period Analysis, Forecast Period Analysis, Main Market Segmentation, Leading Key Market Players, TOC, List of Figures, and List of Tables in this report, you can get a thorough overview of the market.
Competitive Landscape:
Along with studying the profiles of the key players, the industry’s competitive environment has also been examined. Players profiled are Mann+Hummel (Germany), Freudenberg & Co. KG (Germany), Parker Hannifin Corp. (United States), Toyota Boshoku Corporation (Japan), Aim Nonwovens and Interiors Pvt. Ltd. (India), Robert Bosch (Germany), Fleetguard Filters Pvt. Ltd. (India), Lucas TVS Ltd. (India), Datsons Engineering Works Pvt. Ltd. (India), Millard Filters India Pvt. Ltd. (India), Alco Filters Ltd. (United Kingdom), WINKEL FILTER LTD. (Turkey), BALTIC FILTER JSC (Lithuania), FILTER POWER (Turkey), Steelbird (India)
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Key highlights of the report:
- Automotive Filters Market Performance (2019-2023)
- Automotive Filters Market Outlook (2024-2030)
- Automotive Filters Market Trends
- Automotive Filters Market Drivers and Success Factors
- SWOT Analysis
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
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