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Automotive Oil & Air Filters Market to Grow Due to Emergence of Next-gen Products to Withstand Harsh External Environments: TMR

Efforts of manufacturers to develop superior products to adhere to vehicular emission norms to favor market growth

Demand dynamics and opportunities to drive the automotive oil & air filters market past US$ 10.33 Bn by 2031

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News provided by

Transparency Market Research

Sep 22, 2021, 07:30 ET

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ALBANY, N.Y., Sept. 22, 2021 /PRNewswire/ -- The growing use of technology supported by IoT devices is redefining automobile filtration processes that has led to the emergence of next-gen automotive oil & air filters. The exponential increase in the number of commercial and passenger vehicles is creating the demand for automotive components, which include automotive oil & air filters.

The growth of eCommerce that has led to high volume demand for commercial vehicles for shipping of goods is benefitting the entire automotive industry, including the automotive oil & air filters market. The large miles covered by vehicles for the delivery of goods results into increasing need for frequent replacement of oil and air filters. This creates demand in the automotive oil & air filters market.

The outbreak of the COVID-19 pandemic and its continued impact have compelled stakeholders in the automotive sector to prepare for economic uncertainties in the future. The massive losses incurred across the automotive sector during the pandemic has paced the momentum for electric vehicles and autonomous vehicles. The role of Industry 4.0 during the crisis has led stakeholders in the automotive oil & air filters market to tap into technologies to pave way for futuristic automotive oil & air filters. Such pursuits favor growth of the automotive oil & air filters market.

Thus, these factors are anticipated to drive the automotive oil & air filters market at a CAGR of 3.9% during the forecast period, 2021- 2031.

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Automotive Oil & Air Filters Market – Key Findings of Report

Design Improvements to Enable Use of Full Engine Power to Create Growth Opportunities

Over the past decade, automobile engines and their components have evolved considerably for the changing external environment. This involves new models of vehicles to be fitted with oil filters that deliver extended durability and temperature protection than predecessor vehicles. In order to serve this, manufacturers are using novel materials to develop next-gen automotive oil & air filters that can filter destructive contaminants that attack vehicles from inside. The use of novel filter materials based on synthetic fibers or cellulose fibers are increasingly being used for automotive air filters. The design and functionality of these air filters are attractive to be able to filter particles few microns in size, and their special ribbing helps to stabilize air filter pleats and prevent the adherence of adjacent pleats.

Initiative undertaken by manufacturers of automotive oil and air filters to improve their design for better performance is stimulating the automotive oil & air filters market. This includes deploying uniform distribution of pleats in air filters to facilitate the filtration process to take charge of the entire filtration medium. This helps in complete utilization of the automobile engine power and keeping it clean.

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R&D for Superior Products Gathers Steam

Rise in concerns due to harmful vehicular emissions such as CO2 has led to stringent regulations in several parts of the world to control air emissions. Automobile manufacturers need to mandatorily adhere to air emissions regulations for the use of components. This is leading manufacturers of automotive oil and air filters to invest in R&D for superior products.

Automotive Oil & Air Filters Market – Growth Drivers

  • Longer run time of commercial vehicles to serve burgeoning eCommerce leading to frequent replacement of automotive components fuels automotive oil & air filters market
  • R&D for next-gen products to reduce vehicular emissions and enable full utilization of engine power to stimulate growth

Buy our Premium Research Report on Automotive Oil & Air Filters Market @ https://www.transparencymarketresearch.com/checkout.php?rep_id=82762&ltype=S

Automotive Oil & Air Filters Market – Key Players

Some of the key players operating in the automotive oil & air filters market are Champion Laboratories Inc., MANN +HUMMEL, Donaldson Company Inc.,Robert Bosch GmbH, Cummins Inc., Ahlstrom-Munksjo, Hengst SE, First Brands Group LLC, ExxonMobil Corporation, and DENSO CORPORATION.

Chemicals & Materials Industry battles Tangible Impact of Economic and Cultural changes, Explore Transparency Market Research's award-winning coverage of the global Chemicals & Materials Industry:

Lactic Acid & Polylactic Acid Market - The global lactic acid & polylactic acid market is broadly affected by several factors, including increase in usage of lactic acid and polylactic acid in various end-use industries such as food & beverages, personal care, pharmaceutical, packaging, textile, automobile, electrical & electronics, agriculture, and construction. The rise in the global demand for calcium lactic acid and polylactic acid, and sodium lactic acid and polylactic acid has boosted the usage of lactic acid and polylactic acid. The increase in production and demand for dust control agents is expected to be the primary driver of the global lactic acid & polylactic acid market. The growth of polymer and packaging industries is also propelling the demand for lactic acid and polylactic acid.

Petroleum Jelly Market - The rapid growth of the petroleum jelly market in Europe is driven by the expansion of the electronic vehicles market. The implementation of stringent regulations on reduction of carbon footprint has driven the purchase of electronic vehicles. Electronic vehicles use batteries to store energy. This helps eliminate the need of traditional gasoline fuel, thus eliminating the emission of hydrocarbons. As battery terminal compound, petroleum jelly protects battery terminals from corrosion, dirt, and moisture, thus increasing the service life of batteries.

About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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