Automotive Filters Market

Automotive Filters Poised to Undergo Design Changes as Environmental Norms Get Stricter

A paradigm shift in mobility design and solutions have been pushing the automotive industry towards a game-changing revolution over the past decade. Emerging economies are witnessing noteworthy foreign investments in the automotive industry, resulting in auto ancillaries and eco-system players observing a stupendous influx of incomes. Stringent emission norms combined with safety regulations are playing a critical role in environmental sustainability, dictating design changes in the automobiles sector, which is expected to create a positive outlook for products like automotive filters. Global automotive filters market is thus likely to witness design innovations in the near future.

The global carbon footprint has been steadily mounting, causing the population at large to rethink emissions. Globally, the CO₂ concentration rose from 391 ppm to nearly 480 ppm during the last decade. Transportation sector across the globe contributed nearly 14% of the total carbon emission. Fossil fuel-propelled vehicles are predicted to be prevailing for the next 25-30 years. If this persists, the transportation sector would likely be the leading reason for CO₂ emission levels by 2050. Worldwide, government bodies are concentrating on regulating vehicular pollutants through the deployment of sterner emission norms. Maintaining healthy air quality remains high on the political agenda of various governments as the pressure to control greenhouse gas emissions transportation sector accelerates.

Likewise, government and regulatory organisations are aiming towards the development of green vehicles. For the same purpose, automotive filter design has gained incredible attention, which is thereby fuelling the expansion of automotive filters market. An indigenous part of a vehicle, this is the major determinant of the smooth operation of vehicles, ensuring efficacy and minimising vehicle maintenance.

Health Risks in Urban Spaces Compel Engineers to Rethink Design, and Purpose

According to the Energy Information Administration (EIA), the transportation sector in the US is the second largest energy consumer. About 80% of the energy consumed by the transportation sector comes from gasoline. It is quite evident that the transportation sector represents a substantial share of the total greenhouse gas emission (GHG). To curb the vehicular pollution federal agencies have thus deployed stringent emission norms such as the Clean Air Act. Since 1970, the Clean Air Act has been monitoring the harmful emission released by vehicles. Data indicates that since 2017, the Clean Air Act has aided in curbing carbon footprint by nearly 10% and particulate matter by almost 10%, in addition to capping other harmful pollutants. Growing stringency of such regulations will favour automotive filters market performance.

Around nine out of 10 people inhale unhealthy air. Approximately 4.2 million deaths occur due to exposure to air pollution and nearly 91% of the world’s population that resides in the urban and suburban areas remains exposed to air quality that flouts WHO guidelines. In the light of this, air pollution is expected to be one of the biggest environmental risks, and children and elderly people are anticipated to be highly vulnerable to adverse health conditions like asthma, sinusitis, and respiratory disorders. Rising health concerns due to air pollution have urged automobile engineers to develop sustainable and reliable filters, which play an instrumental role in reducing the emission of pollutants. This remains the key factor driving automotive filters market.

Awareness About Compliance with Regulatory Norms to Boost Sales of Automotive Filters

Automakers are expected to focus on technologically advanced activated charcoal cabin filters, which are best known to block pollen, dust, and other harmful pollutants including odour, and fumes. This offers a better cabin environment, improving driving conditions, which is predicted to stoke demand for filtration components, thereby fostering sales of automotive filters. Emission regulations, viz., Clean Air Act, Euro 6, BS 6, and test methods like WLTP, and RDE are sculpting the automotive industry. These norms regulate the amount of air pollutants released from stationary, and mobile sources. Consistent revision of norms shall monitor the vehicle emission levels with reduced carbon ceiling cap. This is likely to compel automakers and consumers to frequently check their vehicle filters and replace them to comply with regulatory policies.

However, the COVID-19 pandemic has led to a massive disruption in the supply chain. Component suppliers are facing a ban on international transportation and logistics, resulting in delayed supply to automakers. As a result, automakers confronted increasing overheads and decreasing operating profits amidst mounting financial pressure. As the demand regains momentum, automotive filters market is also likely to pick up. Cabin air filters are projected to witness significant developments and dominate others in automotive filters market as better cabin conditions have become the need of the hour over the recent past. This estimated rise in demand can be attributed to the notable rise in particulate matter, and harmful emissions coupled with increased respiratory disorders in the urban areas.

Asia Pacific Maintains its Lead with the Highest Number of Buyers, and Manufacturers

Burgeoning vehicle production in the last decade was influential in demand concentration across Asia Pacific. Cheap overheads, and conducive environment continue to attract foreign investors to establish their production bases across lucrative Asian economies. Stringent enactment of regulatory policies in Asian, and European nations has aided the automotive filters market to flourish significantly in these regions. Productivity, efficiency, and booming manufacturing activities have been critical for the business expansion here. Emerging nations across the Asian subcontinent are expected to observe substantial growth in automotive filters market space in future.

Key Companies Prioritise R&D

Remarkable advancements have been witnessed in the design and development of filters through sizable investments. Automotive filters market is seemingly consolidated with major key players. Nevertheless, the market shall flourish during the forecast tenure with new entrants, and existent players practising vertical integration. Rising competition in automotive filters market, and urge to expand businesses are likely to compel manufacturers to expand its production capacities and set up new bases. Manufacturers are concentrating on developing cost-effective and sustainable solutions. Globally, manufacturers are embarking on diverse strategies vis-à-vis mergers and acquisitions, joint ventures, new product developments and launches and enhancing their product portfolio for wider clientele base.

North American Filter Corporation, SogefiSpA, Fildex Filters Canada Corporation, Robert Bosch GmbH, Donaldson Company, Inc., Mahle GmbH, K&N Engineering, Inc., Mann+HummelGmbH, FiltrakBrandT GmbH, Luman Automotive Systems Pvt. Ltd., Alco Filters Ltd., Siam Filter Products Ltd., Part and A.L. Filter are some of the key players driving competition in automotive filters market. Frecious Plus was introduced by Mann-Hummel under its product portfolio under the new product development strategy. The filter is used as cabin air filtration. Its innovative capability aids in blocking the unwanted smell and harmful gases. The filter is known to remove almost 100% of harmful particles like fine dust.

The automotive filters market is segmented as below:

By Filter Type

• Fuel Filter
• Diesel Fuel Filter
• Gasoline Fuel Filter
• Engine Oil Filter
• Engine Air Filter
• Cabin Air Filter
• Steering Filter
• Coolant Filter

By Application          

• Passenger Cars
• Commercial Vehicles
• Heavy Commercial Vehicle (HCV)
• Light Commercial Vehicle

By Distribution Channel

• OEM
• Aftermarket

By Region

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
• Latin America
  • Brazil
  • Mexico
• MEA
  • Saudi Arabia
  • UAE
  • South Africa

Key Elements Included In The Study: Global Automotive Filters Market

• Automotive Filters Market by Product/Technology/Grade, Application/End-user, and Region
• Executive Summary (Opportunity Analysis and Key Trends)
• Historical Market Size and Estimates, Value, 2018 - 2021
• Market Value at Regional and Country Level, 2022 - 2029
• Market Dynamics and Economic Overview
• Market Size in Value, Growth Rates, and Forecast Figures, 2022 - 2029
• Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies 
• Regional and Product/Grade/Application/End-user Price Trends Analysis
• Value Chain and Five Force’s Analysis
• Regional/Sub-region/Country Market Size and Trend Analysis
• Company Market Share Analysis and Key Player Profiles

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Disclaimer:

• The segmentation/company profiles/countries depicted above may vary in the actual report.