Automotive Filters Market
Global Industry Analysis (2017 – 2020) – Growth Trends and Market Forecast (2021 – 2025)
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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.
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 CO2emission 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, the government and regulatory organizations are aiming towards the development of green vehicles.
For the same purpose, automotive filter design has gained incredible attention. An indigenous part of a vehicle, this is the major determinant of the smooth operation of vehicles, ensuring efficacy and minimizing vehicle maintenance.
Health Risks in Urban Spaces Makes Engineers Rethink Design and Purpose
According to the Energy Information Administration (EIA), the transportation sector in the U.S. 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.
Roughly nine of ten people inhale unhealthy air. Approximately, 4.2 million deaths occur due to exposure to air pollution and the 91% of total world’s population, which resides in the urban and suburb areas remains exposed to an air quality that flouts WHO guidelines.
In light of this, air pollution is expected to be one of the biggest environmental risks to humanity. Children and elderly people are anticipated to be highly vulnerable to adverse health conditions like asthma and sinusitis and respiratory disorders caused air pollution. 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.
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. This is predicted to stoke demand for filtration components.
Emission regulations namely, 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, COVID-19 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, the cabin air filters segment will witness significant developments as better cabin conditions become the need of the hour. It is likely to be dominant over the foreseeable future. Rise in particulate matter and harmful emissions coupled with increased respiratory disorders in the urban areas have propelled the segment demand.
Asia Pacific to Retain Leading Position with High Number of Buyers and Manufacturers
Burgeoning vehicle production in the last decade was influential in market demand concentration in the Asia Pacific. Cheap overheads and conducive environment attracted foreign investors to establish their production bases in the Asian countries. Enactment of regulatory policies in Asian and European nations has aided the market to flourish significantly. Productivity, efficient product and booming manufacturing activities have been critical for the business expansion in Asia Pacific and European region. Emerging nations across Asia are expected to observe substantial growth over the forecast period.
Research and Development and Aim to Keep Pollution Low to Remain Priority Amongst Players
Remarkable advancements have been witnessed in the design and development of filters through sizable investments. The 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 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.
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.
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 among others that are indulged in steering the market growth.