DUBLIN, July 10, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/jj4t3k/automotive_oil) has announced the addition of the "Automotive Oil & Fuel Filter Market by Fuel Type (Gasoline & Diesel), Vehicle Type (Passenger Car, LCV, HCV, & Off- Highway), Filter Media (Cellulose, Synthetic-Laminated, Pure glass), Market (OE & Aftermarket), & by Region - Global Forecast to 2020" report to their offering.
The global automotive oil and fuel filter market size is projected to reach $1,006.4 Million by 2020
The automotive oil and fuel filter OE market is primarily driven by rising vehicle production levels and increasingly stringent emission regulations. Alternatively, demand for these filters in the aftermarket is triggered by the growing vehicle parc and increased vehicle miles travelled per year in all countries. Asia-Oceania is estimated to dominate the market, accounting for a market share of about 46% in 2015. China is the key contributor to the oil and fuel filter market in the Asia-Oceania region. The North American automotive oil and fuel filter market is projected to grow at the highest CAGR that is, 7.98% from 2015 to 2020. The European region is witnessing steady growth and is projected to grow at CAGR of 6.27% for the period under study.
The oil and fuel filter aftermarket is estimated to be dominated by diesel oil and fuel filters, with this market estimated to grow at a higher CAGR than the gasoline oil and fuel filter market. The primary reason for this trend is the short service life of diesel filters compared to gasoline filters. As of 2015, the share of replacement (aftermarket) oil and fuel filter in terms of value is estimated to be around 66% of the global automotive oil and fuel filter aftermarket. Filter manufacturers are currently working towards developing filters with increased service life of up to 30,000 kms.
This report covers the market for automotive oil and fuel filters based on filter type (oil and fuel), fuel type (gasoline and diesel), market type (OE and aftermarket), filter media (cellulose, synthetic & laminated, pure glass), vehicle type (passenger cars, LCVs, HCVs, and off-highway), and region (Asia-Oceania, Europe, North America and the Rest of the World).
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Technology Overview
6 Market Overview
7 Automotive OE Oil & Fuel Filter Market, By Filter Type
8 Automotive Oil & Fuel Filter Market, By Filter Media
9 Automotive Oil & Fuel Filter Aftermarket
10 Off-Highway Oil & Fuel Filter Market
11 Automotive OE Oil & Fuel Filters Market, By Region
12 Competitive Landscape
13 Company Profiles
- Acdelco Corporation
- Affinia Group Inc.
- Ahlstrom Corporation
- Cummins Inc.
- Denso Corporation
- Donaldson Company, Inc.
- Hengst Se & Co. Kg
- Mahle GmbH
- Mann+Hummel Group
- Sogefi Group
For more information visit http://www.researchandmarkets.com/research/jj4t3k/automotive_oil
Media Contact: Laura Wood , +353-1-481-1716, email@example.com
SOURCE Research and Markets