Automotive Air Filters Market Worth will Surpass $8.62 Billion By 2024
“Rising disposable income coupled with the growth of global automobile industry and stringent emission norms is expected to drive the Automotive Air Filters Market growth over the next eight years.�
The global Automotive Air Filters Market is expected to reach USD 8.62 billion by 2024, according to a new report by Grand View Research, Inc. Rising disposable income coupled with the growth of global automobile industry and stringent emission norms is expected to drive the market growth over the next eight years. Access Full Research Report on Global Automotive Air Filters Market: http://www.grandviewresearch.com/industry-analysis/automotive-air-filtersmarket The global automotive air filters market is estimated to witness a high growth owing to rising automobile production along with rapid industrialization and urbanization. Stringent emission control regulations are expected to foster the market growth. Growing disposable income in developing regions such as Asia Pacific and the Middle East is presumed to drive the growth. Economies such as India and China are projected to have brisk growth and lead their regional market. Volatile raw materials cost is
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presumed to hamper the industry growth. The increase in electric vehicles production is also estimated to hinder the market growth shortly. Favorable regulation such as EU and EEA member states emission standards which include Euro VI petrol and diesel norms. This norm is to govern light and commercial passenger vehicles emissions and is anticipated to have a positive impact on automotive air filters demand in engine components. Further key findings from the study suggest:
Cabin filter emerged as the leading product segment and accounted for 51.6% of total market revenue in 2015. Cabin filters are estimated to grow at a rapid pace at an estimated CAGR of a 9.1% from 2016 to 2024. The growth can be attributed due to favorable emission control regulation and consumer concern towards safe car environment.
Passenger car application segment dominated the automotive air filters demand and accounted for over 50% of the total market in 2015. Increasing demand in automobile industry coupled with rapid automobile production is expected to benefit the overall filters demand in automotive.
In 2015, Aftermarket segment in end-use had the highest penetration in the automotive air filters market with over 70% of the total market. This trend is expected to continue over the next eight years. Rising disposable income across emerging nations is estimated to favor the market growth.
Asia Pacific had the highest regional market penetration in 2015 and accounted for over 45% of global demand. Increasing automobile production in India, China, Thailand and Indonesia is expected to drive the regional market over the forecast period.
Key market participants include Ac Delco Inc., Affinia Group Inc., Denso Corporation, Hollingsworth & Vose Co. Inc., Mann+Hummel, Roki Co. Ltd, Donaldson Company Inc., K&N Engineering Inc., Robert Bosch GmbH, Ahlstrom Corporation, SogefiS.p.A, Neenah Paper Inc., Clarcor Inc., Parker Hannifin Corp., Freudenberg & Co. Kg, Lydall Inc., Toyota Boshoku Corporation, Cummins Inc., Hengst GMBH & Co. Kg, Mahle GmbH and Valeo S.A.
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Grand View Research has segmented the global Automotive Air Filters Market on the basis of product, application, end-use and region: Read Our Blogs on Reports from this category By Grand View Research: http://www.grandviewresearch.com/blogs/bulk-chemicals Table of Content of Global Automotive Air Filters Market Research Report: Chapter 1 Methodology and Scope 1.1 Research methodology 1.2 Research scope and assumptions 1.3 List of data sources Chapter 2 Executive Summary 2.1 Automotive Air Filters Market - Industry Summary & Key Buying Criteria, 2014 - 2024 Chapter 3 Automotive Air Filters Industry Outlook 3.1 Automotive air filters market segmentation 3.2 Automotive air filters market size and growth prospects, 2014 - 2024 3.3 Automotive air filters value chain analysis 3.3.1 Vendor landscape 3.4 Automotive air filters market dynamics 3.4.1 Marketdriver analysis 3.4.1.1 Increase in automobiles production 3.4.1.2 Stringent regulations norms for emission control 3.4.2 Market restraint analysis 3.4.2.1 Prices of raw materials 3.5 Key opportunities prioritized 3.6 Industry analysis - Porter’s analysis 3.7 Automotive air filters - PESTEL analysis
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Chapter 4 Automotive Air Filters Product Outlook 4.1 Global automotive air filters market share by product, 2015 & 2024 4.2 Intake 4.2.1 Market estimates and forecast in intake, 2014 - 2024 4.2.2 Market estimates and forecast in intake by region, 2014 - 2024 4.3 Cabin 4.3.1 Market estimates and forecast in cabin, 2014 - 2024 4.3.2 Market estimates and forecast in cabinby region, 2014 - 2024 Chapter 5 Automotive Air Filters Application Outlook 5.1 Global automotive air filters market share by application, 2015 & 2024 5.2 Passenger car 5.2.1 Market estimates and forecast in passenger car, 2014 - 2024 5.2.2 Market estimates and forecast in passenger car by region, 2014 2024 5.3 Heavy & light commercial vehicles 5.3.1 Market estimates and forecast inheavy & light commercial vehicles, 2014 - 2024 5.3.2 Market estimates and forecast in heavy & light commercial vehicles by region, 2014 - 2024 5.4 Two wheelers 5.4.1 Market estimates and forecast in two wheelers applications, 2014 - 2024 5.4.2 Market estimates and forecast in two wheelers, by region, 2014 2024 Chapter 6 Automotive Air Filters End-use Outlook 6.1 Global automotive air filters market volume by end-use, 2015 & 2024 6.2 OEM
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6.2.1 Market estimates and forecast in OEM, 2014 - 2024 6.2.2 Market estimates and forecast in OEM by region, 2014 - 2024 6.3 Aftermarket 6.3.1 Market estimates and forecast in Aftermarket, 2014 - 2024 6.3.2 Market estimates and forecast in Aftermarket by region, 2014 2024 Chapter 7 Automotive Air Filters Region Outlook 7.1 Global automotive air filters market share by region, 2015 & 2024 7.2 North America 7.2.1 Market estimates and forecast, 2014 - 2024 7.2.2 Market estimates and forecast by product, 2014 - 2024 7.2.3 Market estimates and forecast by application, 2014 - 2024 7.2.4 U.S. 7.2.3.1 Market estimates and forecast, 2014 - 2024 7.2.3.2 Market estimates and forecast by product, 2014 - 2024 7.2.3.3 Market estimates and forecast by application, 2014 - 2024 7.2.4 Canada 7.2.4.1 Market estimates and forecast, 2014 - 2024 7.2.4.2 Market estimates and forecast by product, 2014 - 2024 7.2.4.3 Market estimates and forecast by application, 2014 - 2024 7.2.5 Mexico 7.2.5.1 Market estimates and forecast, 2014 - 2024 7.2.5.2 Market estimates and forecast by product, 2014 - 2024 7.2.5.3 Market estimates and forecast by application, 2014 - 2024 7.3 Europe 7.3.1 Market estimates and forecast, 2014 - 2024 7.3.2 Market estimates and forecast by product, 2014 - 2024
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7.3.3 Market estimates and forecast by application, 2014 - 2024 7.3.4 Germany 7.3.4.1 Market estimates and forecast, 2014 - 2024 7.3.4.2 Market estimates and forecast by product, 2014 - 2024 7.3.4.3 Market estimates and forecast by application, 2014 - 2024 7.3.5 France 7.3.5.1 Market estimates and forecast, 2014 - 2024 7.3.5.2 Market estimates and forecast by product, 2014 - 2024 7.3.5.3 Market estimates and forecast by application, 2014 - 2024 7.3.6 Spain 7.3.6.1 Market estimates and forecast, 2014 - 2024 7.3.6.2 Market estimates and forecast by product, 2014 - 2024 7.3.6.3 Market estimates and forecast by application, 2014 - 2024 7.4 Asia Pacific 7.4.1 Market estimates and forecast, 2014 - 2024 7.4.2 Market estimates and forecast by product, 2014 - 2024 7.4.3 Market estimates and forecast by application, 2014 - 2024 7.4.4 China 7.4.4.1 Market estimates and forecast, 2014 - 2024 7.4.4.2 Market estimates and forecast by product, 2014 - 2024 7.4.4.3 Market estimates and forecast by application, 2014 - 2024 7.4.5 India 7.4.5.1 Market estimates and forecast, 2014 - 2024 7.4.5.2 Market estimates and forecast by product, 2014 - 2024 7.4.5.3 Market estimates and forecast by application, 2014 - 2024 7.4.6 South Korea 7.4.6.1 Market estimates and forecast, 2014 - 2024
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7.4.6.2 Market estimates and forecast by product, 2014 - 2024 7.4.6.3 Market estimates and forecast by application, 2014 - 2024 7.4.7 Japan 7.4.7.1 Market estimates and forecast, 2014 - 2024 7.4.7.2 Market estimates and forecast by product, 2014 - 2024 7.4.7.3 Market estimates and forecast by application, 2014 - 2024 7.5 Middle East & Africa 7.5.1 Market estimates and forecast, 2014 - 2024 7.5.2 Market estimates and forecast by product, 2014 - 2024 7.5.3 Market estimates and forecast by application, 2014 - 2024 7.6 Central & South America 7.6.1 Market estimates and forecast, 2014 - 2024 7.6 2 Market estimates and forecast by product, 2014 - 2024 7.6 3 Market estimates and forecast by application, 2014 - 2024 Chapter 8 Competitive Landscape 8.1 Ac Delco Inc. 8.1.1 Company Overview 8.1.2 Financial Performance 8.1.3 Product Benchmarking 8.1.4 Strategic Initiatives 8.2 Ahlstrom Corporation 8.2.1 Company Overview 8.2.2 Financial Performance 8.2.3 Product Benchmarking 8.2.4 Strategic Initiatives 8.3 Affinia Group Inc. 8.3.1 Company Overview
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8.3.2 Financial Performance 8.3.3 Product Benchmarking 8.3.4 Strategic Initiatives 8.4 Clarcor Inc. 8.4.1 Company Overview 8.4.2 Financial Performance 8.4.3 Product Benchmarking 8.4.4 Strategic Initiatives 8.5 Cummins Inc. 8.5.1 Company Overview 8.5.2 Financial Performance 8.5.3 Product Benchmarking 8.5.4 Strategic Initiatives 8.6 Denso Corporation 8.6.1 Company Overview 8.6.2 Financial Performance 8.6.3 Product Benchmarking 8.6.4 Strategic Initiatives 8.7 Donaldson Company Inc. 8.7.1 Company Overview 8.7.2 Financial Performance 8.7.3 Product Benchmarking 8.7.4 Strategic Initiatives 8.8 Freudenberg & Co. Kg 8.8.1 Company Overview 8.8.2 Financial Performance 8.8.3 Product Benchmarking
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8.8.4 Strategic initiatives 8.9 Hengst GMBH & Co. Kg 8.9.1 Company Overview 8.9.2 Financial Performance 8.9.3 Product Benchmarking 8.9.4 Strategic Initiatives 8.10 Hollingsworth & Vose Co. Inc. 8.10.1 Company Overview 8.10.2 Financial Performance 8.10.3 Product Benchmarking 8.10.4 Strategic Initiatives 8.11 K&N Engineering Inc. 8.11.1 Company Overview 8.11.2 Financial Performance 8.11.3 Product Benchmarking 8.11.4 Strategic Initiatives 8.12 Lydall Inc. 8.12.1 Company Overview 8.12.2 Financial Performance 8.12.3 Product Benchmarking 8.12.4 Strategic Initiatives 8.13 Mahle GmbH. 8.13.1 Company Overview 8.13.2 Financial Performance 8.13.3 Product Benchmarking 8.13.4 Strategic Initiatives 8.14 Mann+Hummel
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8.14.1 Company Overview 8.14.2 Financial Performance 8.14.3 Product Benchmarking 8.14.4 Strategic Initiatives 8.15 Neenah Paper Inc. 8.15.1 Company Overview 8.15.2 Financial Performance 8.15.3 Product Benchmarking 8.15.4 Strategic Initiatives 8.16 Parker Hannifin Corp. 8.16.1 Company Overview 8.16.2 Financial Performance 8.16.3 Product Benchmarking 8.16.4 Strategic Initiatives 8.17 Robert Bosch GmbH 8.17.1 Company Overview 8.17.2 Financial Performance 8.17.3 Product Benchmarking 8.17.4 Strategic Initiatives 8.18 Roki Co. Ltd 8.18.1 Company Overview 8.18.2 Financial Performance 8.18.3 Product Benchmarking 8.18.4 Strategic Initiatives 8.19 Sogefi S.p.A. 8.19.1 Company Overview 8.19.2 Financial Performance
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8.19.3 Product Benchmarking 8.19.4 Strategic Initiatives 8.20 Toyota Boshoku Corporation 8.20.1 Company Overview 8.20.2 Financial Performance 8.20.3 Product Benchmarking 8.20.4 Strategic Initiatives 8.21 Valeo S.A. 8.21.1 Company Overview 8.21.2 Financial Performance 8.21.3 Product Benchmarking 8.21.4 Strategic Initiatives
About Grand View Research, Inc.:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: 1-415- 349-0058 Toll Free: 1-888- 202-9519 Email: sales@grandviewresearch.com For More Information: http://www.grandviewresearch.com
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