October 14, 2021 04:43 ET | Source: Research and Markets Research and Markets

Dublin, Oct. 14, 2021 (GLOBE NEWSWIRE) -- The "Global Automotive Filters Market by Filter Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, Dryer Cartridge, EMI/EMC, Coolant Particle), Air & Cabin Filter Media, Fuel & Vehicle Type, Aftermarket - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

The automotive filters market post COVID-19 is estimated to grow from USD 19.5 billion in 2021 to USD 23.1 billion by 2026, at a CAGR of 3.4% during the forecast period.

Factors contributing to the growth of the automotive filters market can be attributed to stringent emission and fuel economy regulations. Moreover, advancement in filtering technology enabling more efficient filtration of cabin air will increase the demand for automotive filters in the coming years. With progression in time, the COVID-19 impact has severely disrupted the supply chain for the entire automotive ecosystem. This has halted production facilities across the globe resulting in a disruption in the exports of automotive components. This scenario is expected to affect the automotive filters market, as the growth of the market is directly related to the production of the vehicles. The global production of vehicles pre-COVID-19 was expected to reach from ~90-95 million units in 2020 to ~110-115 million units by 2025. According to OICA, though global vehicle production declined by 5.2% between 2018-2019, the production outlook was supposed to showcase significant growth from 2021-2022 owing to multiple steps taken by OEMs, as well as some governments, to attract customers.

Brake Dust filter is the fastest growing market, by filter type

The brake dust filter is projected to be the fastest-growing segment in the automotive filters market. Brake dust filters are expected to play a significant role in reducing pollution caused by fine brake dust particles. Brake dust filters can be installed in existing spaces around disk brakes. They can also be equipped in all types of drives, from electric vehicles and hybrid vehicles to classical gasoline or diesel vehicles. The market for brake dust filters has higher growth potential in Europe and North America, owing to technological advancement and a higher emphasis on pollution in these regions. All these factors are expected to drive the market growth for brake dust filters.

Dryer Cartridges for batteries is the largest market for electric vehicle OE market, by filter type

The market for dryer cartridges for BEV is estimated to be larger than PHEV by value and is also projected to register a higher CAGR during the forecast period. Dryer cartridges for batteries protect the battery system from water condensation, as the battery is regarded to be the most significant component in BEVs. The installation of these cartridges enhances the overall protection of vehicles. The breathing of the battery system gets moistness into the interior, which can lead to the risk of water condensation at cooling plates. The air dryer cartridge adsorbs the water moisture and prevents water condensation, which could lead to electric shorts. Dryer cartridges for batteries are a compulsory component for all-electric and hybrid vehicle types, as electric short circuits can lead to serious damage to the vehicle systems. Thus, considering the vital role of the dryer cartridges, the market is expected to remain the largest in the coming years.

Asia Oceania is estimated to be the fastest-growing, and North America to be the largest market for automotive filters

The Asia Oceania region has emerged as a promising market for the automotive industry and OEMs across the globe. The primary reason behind this trend is the Chinese market, which has evolved into the largest producer and consumer of automobiles across the globe. Vehicle parc is the key factor influencing the growth of the automotive filters market. China accounts for the largest share of the total vehicle parc in Asia Oceania. Development in road infrastructure and an increase in miles driven annually are expected to drive the market growth for oil filters. A comparatively shorter replacement life of oil filters will require a replacement periodically. Also, large fleet vehicle volume, high environmental pollution, and low cost of filters are expected to drive the market in this region. North America is the largest market as the automotive filter is a mature technology in the US and Canada. Also, the stringent emission standards for enhanced performance and comfort are expected to drive the market. Although no standard regulation is present in Mexico for automotive filters, developments are underway to harmonize them with the US. Thus, the growth of automotive filters is quite evident and the demand is expected to grow significantly in the region. Key Topics Covered:

3 Executive Summary 3.1 Pre- & Post-COVID-19 Scenario 3.2 Report Summary 4 Premium Insights 4.1 Attractive Opportunities In Automotive Filters Market 4.2 Automotive Filters Market, by Region 4.3 Automotive Filters Market, by Filter Type 4.4 Automotive Filters (OE) Market for Ice Vehicles, by Filter Type 4.5 Automotive Filters (OE) Market, by Ice Vehicle Type 4.6 Automotive Cabin Filters (OE) Market, by Material Type 4.7 Automotive Air Filters (OE) Market, by Media Type 4.8 Automotive Fuel Filters (OE) Market, by Fuel Type 4.9 Electric & Hybrid Vehicle Filters (OE) Market, by Vehicle Type 4.10 Electric & Hybrid Vehicle Filters (OE) Market, by Filter Type 5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 5.2.1.1 Increasing vehicle production 5.2.1.2 Increasing sales of electric & hybrid vehicles 5.2.1.3 Growing vehicle parc and increase in miles driven annually 5.2.2 Restraints 5.2.2.1 Use of nonreplaceable filters 5.2.3 Opportunities 5.2.3.1 Advancements in filter media/technology 5.2.3.2 COVID-19 Impact: Presents new opportunities 5.2.4 Challenge 5.2.4.1 Unorganized aftermarket 5.3 Supply Chain Analysis 5.4 Revenue Shift for Automotive Filter Manufacturers 5.5 Automotive Filters Market- Ecosystem 5.6 Average Selling Price 5.7 Porter's Five Forces Analysis 5.7.1 Threat of Substitutes 5.7.2 Threat of New Entrants 5.7.3 Bargaining Power of Buyers 5.7.4 Bargaining Power of Suppliers 5.7.5 Rivalry Among Existing Competitors 5.8 Trade Analysis 5.9 Patent Analysis 5.9.1 Applications and Patents Granted, (2010- 2020) 5.10 Case Study 5.10.1 Dust Particle Counting/Efficiency Test 5.10.2 Clean Air Delivery for Automotive Manufacturer 5.11 Automotive Filters Market Scenario Analysis 5.11.1 Most Likely Scenario 5.11.2 Low Impact Scenario 5.11.3 High Impact Scenario 6 Automotive Filters (OE) Market for Ice Vehicles, by Filter Type 6.1 Introduction 6.1.1 Research Methodology 6.1.2 Assumptions 6.1.3 Industry Insights 6.2 Air Filters 6.3 Fuel Filters 6.4 Oil Filters 6.5 Cabin Filters 6.6 Brake Dust Filters 6.7 Transmission Filters 6.8 Coolant Filters 6.9 Oil Separators 6.10 Steering Filters 7 Automotive Air Filters (OE) Market, by Media Type 7.1 Introduction 7.1.1 Research Methodology 7.1.2 Assumptions 7.1.3 Industry Insights 7.2 Cellulose Media 7.3 Synthetic Media 8 Automotive Fuel Filters (OE) Market, by Fuel Type 8.1 Introduction 8.1.1 Research Methodology 8.1.2 Assumptions 8.1.3 Industry Insights 8.2 Gasoline Fuel Filters 8.3 Diesel Fuel Filters 9 Automotive Cabin Filters (OE) Market, by Material Type 9.1 Introduction 9.1.1 Research Methodology 9.1.2 Assumptions 9.1.3 Industry Insights 9.2 Particle 9.3 Activated Carbon 9.4 Electrostatic 10 Automotive Filters (OE) Market, by Ice Vehicle Type 10.1 Introduction 10.1.1 Research Methodology 10.1.2 Assumptions 10.1.3 Industry Insights 10.2 Passenger Cars 10.3 Light Commercial Vehicles (LCV) 10.4 Trucks 10.5 Buses 11 Electric & Hybrid Vehicle Filters (OE) Market, by Vehicle Type 11.1 Introduction 11.1.1 Research Methodology 11.1.2 Assumptions 11.1.3 Industry Insights 11.2 Battery Electric Vehicle (BEV) 11.3 Plug-In Hybrid Electric Vehicle (PHEV) 12 Electric & Hybrid Vehicle Filters (OE) Market, by Filter Type 12.1 Introduction 12.1.1 Research Methodology 12.1.2 Assumptions 12.1.3 Industry Insights 12.2 Air Filters 12.3 Fuel Filters 12.4 Oil Filters 12.5 Cabin Filters 12.6 Brake Dust Filters 12.7 Transmission Oil Filters 12.8 Dryer Cartridges for Batteries 12.9 EMI/EMC Filters 12.10 Cooling Air Particle Filters 13 Automotive Filters Aftermarket, by Filter Type 13.1 Introduction 13.1.1 Research Methodology 13.1.2 Assumptions 13.1.3 Industry Insights 13.2 Oil Filter 13.3 Fuel Filters 13.4 Air Filters 13.5 Cabin Filters 13.6 Coolant Filters 13.7 Transmission Oil Filters 14 Automotive Filters Aftermarket, by Region 14.1 Introduction 14.1.1 Research Methodology 14.1.2 Assumptions/Limitations 14.2 North America 14.2.1 US 14.2.2 Mexico 14.2.3 Canada 14.3 Europe 14.3.1 Germany 14.3.2 France 14.3.3 UK 14.3.4 Italy 14.3.5 Spain 14.3.6 Russia 14.4 Asia Pacific 14.4.1 China 14.4.2 Japan 14.4.3 South Korea 14.4.4 India 14.5 RoW 14.5.1 Brazil 14.5.2 South Africa 15 Recommendations by the Publisher 15.1 Asia Pacific Will Be Key Market for Automotive Filter Suppliers 15.2 Key Focus Area for Fuel, Transmission, and Cabin Filters 15.3 Conclusion 16 Competitive Landscape 16.1 Overview 16.2 Market Ranking Analysis 16.3 Market Share Analysis 16.4 Market Evaluation Framework 16.5 Competitive Leadership Mapping 16.5.1 Star 16.5.2 Emerging Leaders 16.5.3 Pervasive 16.5.4 Emerging Companies 16.6 Winners Vs. Tail-Enders 16.7 Competitive Situation & Trends 16.7.1 New Product Developments 16.7.2 Mergers & Acquisitions 16.7.3 Expansions 16.7.4 Collaboration/Supply Contracts 17 Company Profiles 17.1 Key Players 17.1.1 Mann+Hummel 17.1.2 Donaldson 17.1.3 Robert Bosch 17.1.4 Mahle 17.1.5 Sogefi 17.1.6 Denso 17.1.7 Ahlstrom-Munksjo 17.1.8 ACDelco 17.1.9 Hengst 17.1.10 K&N Engineering 17.2 Other Players 17.2.1 ADR Group 17.2.2 Lucas Tvs 17.2.3 Dale Filter Systems 17.2.4 Toyota Boshoku 17.2.5 Freudenberg Group 17.2.6 Valeo 17.2.7 Filtran Llc 17.2.8 Fildex Filters 17.2.9 Apc Filtration 17.2.10 A.L. Filter 18 Appendix

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