Automotive Filter Market

Automotive Filter Market Outlook (2022-2032)

The global automotive filter market reached a valuation of US$ 17.0 Billion, and is likely to register a Y-o-Y growth rate of 4.0% in 2022, closing at US$ 17.77 Billion. Furthermore, across the 2022-2032 period of assessment, growth is expected to accelerate at a whopping 4.5% CAGR, reaching US$ 27.59 Billion.

According to Fact.MR, the major shifting preferences of the consumer towards fuel-efficient diesel engines and the need to lower the carbon footprint are the major factors that are anticipated to boost the growth of the automotive filter market over the analysis period. Factors such as the stringent government emission regulations are also expected to fuel the market growth in the forthcoming years.

For instance, as per the United States Environmental Protection Agency, it has been proposed to amend the greenhouse emission standards and Corporate Average Fuel Economy (CAFE) to vehicle models covering from 2021 through 2026 of passenger cars and light commercial vehicles. The increasing number of vehicles in developing countries is another major factor that is expected to escalate the growth of the automotive filter market in the near future.

Report Attributes	Details
Anticipated Base Year Value (2021)	US$ 17.0 Billion
Expected Market Value (2022)	US$ 17.77 Billion
Projected Forecast Value (2032)	US$ 27.59 Billion
Global Growth Rate (2022-2032)	4.5% CAGR
Expected Growth Rate of the U.S (2022-2032)	4.4% CAGR
Anticipated Growth Rate of China (2022-2032)	4.3% CAGR
Prominent Automotive Filter Service Players	Mann + Hummel GmbH Cummins Inc. Parker Hannifin Corporation K&N Engineering Inc. Toyota Boshoku Corporation Donaldson Company Inc. Hollingsworth and Vose Company ALCO Filters Ltd. MAHLE GmbH Denso Corporation Roki Co. Ltd.

2017-2021 Revenue Analysis of Automotive Filter Market vs. Growth Outlook 2022-2032

According to Fact.MR’s report, Automotive Filter demand exhibited a CAGR of over 3.1% from 2017 to 2021.

Toughening standards on vehicular emissions has prompted this increase in sales across the historical period. A general contraction in the global automotive industry since 2019, coupled with the outbreak of COVID-19 restricted growth prospects to a significant extent. Additionally, imposition of lockdowns in H1 2020 further stalled prospects. However, since H2 2020, prospects showed a gradual resurgence as lockdowns began to be lifted.

Moreover, the automotive market is poised to pick up acceleration after the economic downturn, supported by the latest advancements and hefty investments in the filters industry. It is projected to surpass the market worth of US$ 27.59 Bn by 2032.

Key Market Drivers Influencing Automotive Filter Industry Expansion

Government Initiatives to Propel the Market Growth

The governments have been continually encouraging and uplifting new initiatives as well as schemes in order to enhance the automotive sector, which in turn is anticipated to augment the growth of the Automotive Filter Market during the forecast period.

For instance, the U.S government launched an incentive programme in November 2020, to boost the automotive sector by approving US$ 20 Bn to attract more foreign companies to set up manufacturing plants in the country.

Furthermore, soaring investments in infrastructure plans like highway projects and transportation systems are also expected to recoup the automotive market in the coming years. This in turn will propel the market’s growth during the forecast period.

Rising Demand for Automotive Filters to Propel Market Growth Prospects

Automotive filters are used to prevent the entry of dust particles, exhaust fumes, and bacteria into the vehicle engine and reduce maintenance cost. This helps in minimizing air pollution as well. Stringent emission laws on the emission of vehicles by governments of various countries are driving sales in the automotive filters market. In order to minimize the risk of hazardous gases produced by vehicle emission, there is a set of standard regulations applied on passenger cars and light-duty vehicles across the globe.

Gases emitted from vehicles such as nitrogen oxide (NOx), hydrocarbons (HC), and carbon monoxide (CO) are extremely harmful for the environment. These factors are anticipated to accelerate the sales of automotive filters to reduce carbon emissions. Increasing research and development (R&D) activities in various developing economies to increase the service life of automotive filters is one of the major factors that is expected to boost the market growth over the analysis period.

Key Challenges encountered by Automotive Filter Industry

Increased Installation of Non-Replaceable Filters to Limit the Market Growth

The increased installation of non-replaceable filters is one of the major factors that is anticipated to restrain the growth of the automotive filter market over the forecast period. These non-replaceable filters are washable and can be utilized for longer duration.

The filter aftermarket would be impacted by the non-replaceable filters in the near future, since various filters, such as air and cabin filters, need not be changed in the entire lifespan of the vehicle. Hence, increased installation of non-replaceable filters is estimated to hamper the market during the forecast period.

High Cost of Filter Media to Restrain the Market Growth

Volatility in raw material prices and high cost of filter media, such as activated carbon and electrostatic, are the major factors that are expected to restrict OEMs from installation of these filters in every vehicle segment, as they are more expensive than conventional filters. This, in turn, is likely to hinder the automotive filters market globally, over the analysis period.

Country-wise Analysis

How will the U.S Perform in the Global Automotive Filter Industry Landscape?

Increased Focus on Refining Fuel Efficiency to Augment the Market Growth in the U.S

The Automotive Filter Market in the US will grow at a CAGR of 4.4% from 2022 to 2032.

According to Fact.MR, the U.S. is the fastest-growing automotive filter market in North America, accounting for over 31% of the market share in 2021, attributed to the factors such as mounting adoption of automotive vehicles and augmented investments for vehicle production by major OEMs.

Moreover, the U.S is home to leading aftermarket suppliers, such as Donaldson, ACDelco, and K&N Engineering for automotive filters in the world. In addition, the lack of adequate public transport and the wide geographical area of the country have compelled people to travel in their vehicles.

Additionally, an increased focus on refining fuel efficiency in the country is compelling the automotive filter brands to make lighter automotive filters. Hence, these increased investments for the production of vehicles and advancements in filters are expected to drive the market in the forthcoming years.

How will the Growth of Automotive Filter Market Escalate across China?

Increasing Strategic Partnerships to Enhance the Market Prospects

The Automotive Filter Market in India is expected to grow at a CAGR of 4.3% from 2022 to 2032.

The Automotive Filter Market in China is anticipated to hold a governing share in the global market, amounting to 61% in 2021. The country’s growth is attributed to a shifting of production facilities from Europe and North America. New market initiatives and strategic partnerships are expected to continue during the forecast period. This in turn is expected to foster the market’s growth during the forecast period.

Further, the market is expected to witness significant growth, due to the lower operational expenditure as compared to that in established regions. Also, other factors such as the high government spending on the infrastructure sector and increasing opportunities for FDI are anticipated to fuel the growth of the automotive filter market.

Country-wise Forecast CAGRs for the Automotive Filter Market

Country	CAGR
US	4.4%
China	4.3%
India	4.2%
Japan	4.1%
Germany	4.0%

Category-wise Insights

Which Segment to Remain Dominant in the Product Type Category?

Cabin Air Filters Segment to Enhance Growth Prospects

According to Fact.MR’s data, preference for Cabin Air Filters segment is expected to expand at a CAGR of 4.8% over the forecast period. The segment is expected to capture the 2/5th of total revenue.

Demand for cabin air filters is primarily driven by the billowy requirements for high-efficiency cars, and increasing pollution levels across the globe, particularly in urban areas.

In addition, the high-quality intake and cabin air filters are gaining a significant traction in the luxury cars segment, as these air filters ensure cleaner air by trapping dust, pollen, and smog among other harmful particles. Also, increased health awareness is another major factor that is likely to boost the demand for cabin filters in the foreseeable future.

Which is the Most Sought-after Vehicle Type Category?

Passenger Car Segment to Boost the Market’s Growth

According to Fact.MR’s data, preference for Passenger Car segment is expected to expand at a CAGR of 5.0% over the forecast period.

The adoption of passenger cars is observing robust growth, which in turn has stimulated the demand for automotive filters globally. Increasing consumer spending in emerging countries like China and India are fostering the market demand for passenger cars.

The high replacement rate of filters, owing to the necessity for the upkeep of passenger cars, will further propel the market’s growth in the near future.

Automotive Filter Market- Competitive Landscape

Prominent players in the Automotive Filter Industry are taking advantage of the rapidly increasing demand for the Automotive 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, MANN+HUMMEL began incorporating nanofiber technology in-cabin air filters for automotive applications reducing the number of pollutants that vehicle occupants breathe and thus improving the air quality in the vehicle cabin.
• In June 2020, Donaldson Company, Inc. achieved a mutual agreement with Nelson Global Products, Inc. to terminate Nelson’s previously announced purchase offer for Donaldson’s Exhaust and Emissions (E&E) business. Donaldson’s dedicated E&E sales and engineering functions, production facilities, and lab capabilities would have been included in the deal.
• In June 2019, MAHLE GmbH introduced new fuel filters – CleanLine. This fuel filter guarantees the lower maintenance costs for fuel pumps and injection nozzles. This filter also safeguards the injection system, though the fuel may be of poor quality.

Key Segments Covered in the Automotive Filter Industry Survey

• By Product Type :

  • Automotive Fuel Filter
  • Automotive Oil Filter
  • Automotive Intake Air Filter
  • Automotive Cabin Air Filter

• By Filter Media :

  • Synthetic Automotive Air Filter
  • Cellulose Automotive Air Filter

• By Vehicle Type :

  • Passenger Cars
  • LCV
  • AHCV
  • Off-Road Vehicles
  • Lawn Mowers

• By Sales Channel :

  • Automotive Sales through OEMs
  • Automotive Sales through OESs
  • Automotive Sales through IAMs

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa