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Oil Filter Trends and Forecast
The future of the global oil filter market looks promising with opportunities in the compact, mid-sized, premium, and luxury markets. The global oil filter market is expected to reach an estimated $4.6 billion by 2030 with a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are increasing preference for electric vehicle and growing concerns towards safety of environment and vehicle emissions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Oil Filter by Segment
The study includes a forecast for the global oil filter by product type, filter media, vehicle type, sales channel, and region.
Oil Filter Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:
• Base Gasket
• Canister
• Anti-Drain Black Seal
• Base Plate
Oil Filter Market by Filter Media [Shipment Analysis by Value from 2018 to 2030]:
• Cellulose
• Synthetic
• Others
Oil Filter Market by Vehicle Type [Shipment Analysis by Value from 2018 to 2030]:
• Compact Passenger Cars
• Mid-Sized Passenger Cars
• Premium Passenger Cars
• Luxury Passenger Cars
• Others
Oil Filter Market by Sales Channel [Shipment Analysis by Value from 2018 to 2030]:
• Original Equipment Manufacturer (OEM)
• Original Equipment Supplier (OES)
• Independent Aftermarket (IAM)
Oil Filter Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Oil Filter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies oil filter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the oil filter companies profiled in this report include-
• Denso
• Robert Bosch
• K&N Engineering
• UFI Filters
• Hollingsworth and Vose
• Alco Filters
• Ahlstrom
• MAHLE
• Mann Hummel
• Cummins
Oil Filter Market Insights
Lucintel forecasts that anti-drain black seal is expected to witness the highest growth over the forecast period.
Within this market, compact is expected to witness the highest growth over the forecast period.
APAC will remain the largest region over the forecast period.
Features of the Global Oil Filter Market
Market Size Estimates: Oil filter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Oil filter market size by various segments, such as by product type, filter media, vehicle type, sales channel, and region in terms of value ($B).
Regional Analysis: Oil filter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, filter medias, vehicle types, sales channels, and regions for the oil filter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the oil filter market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the oil filter market size?
Answer: The global oil filter market is expected to reach an estimated $4.6 billion by 2030.
Q2. What is the growth forecast for oil filter market?
Answer: The global oil filter market is expected to grow with a CAGR of 5.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the oil filter market?
Answer: The major drivers for this market are increasing preference for electric vehicle and growing concerns towards safety of environment and vehicle emissions.
Q4. What are the major segments for oil filter market?
Answer: The future of the oil filter market looks promising with opportunities in the compact, mid-sized, premium, and luxury markets.
Q5. Who are the key oil filter market companies?
Answer: Some of the key oil filter companies are as follows:
• Denso
• Robert Bosch
• K&N Engineering
• UFI Filters
• Hollingsworth and Vose
• Alco Filters
• Ahlstrom
• MAHLE
• Mann Hummel
• Cummins
Q6. Which oil filter market segment will be the largest in future?
Answer: Lucintel forecasts that anti-drain black seal is expected to witness the highest growth over the forecast period.
Q7. In oil filter market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the oil filter market by product type (base gasket, canister, anti-drain black seal, and base plate), filter media (cellulose, synthetic, and others), vehicle type (compact passenger cars, mid-sized passenger cars, premium passenger cars, luxury passenger cars, and others), sales channel (original equipment manufacturer (OEM), original equipment supplier (OES), and independent aftermarket (IAM)), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Oil Filter Market, Oil Filter Market Size, Oil Filter Market Growth, Oil Filter Market Analysis, Oil Filter Market Report, Oil Filter Market Share, Oil Filter Market Trends, Oil Filter Market Forecast, Oil Filter Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Oil Filter Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Oil Filter Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Oil Filter Market by Product Type
3.3.1: Base Gasket
3.3.2: Canister
3.3.3: Anti-Drain Black Seal
3.3.4: Base Plate
3.4: Global Oil Filter Market by Filter Media
3.4.1: Cellulose
3.4.2: Synthetic
3.4.3: Others
3.5: Global Oil Filter Market by Vehicle Type
3.5.1: Compact Passenger Cars
3.5.2: Mid-Sized Passenger Cars
3.5.3: Premium Passenger Cars
3.5.4: Luxury Passenger Cars
3.5.5: Others
3.6: Global Oil Filter Market by Sales Channel
3.6.1: Original Equipment Manufacturer (OEM)
3.6.2: Original Equipment Supplier (OES)
3.6.3: Independent Aftermarket (IAM)
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Oil Filter Market by Region
4.2: North American Oil Filter Market
4.2.2: North American Oil Filter Market by Vehicle Type: Compact Passenger Cars, Mid-Sized Passenger Cars, Premium Passenger Cars, Luxury Passenger Cars, and Others
4.3: European Oil Filter Market
4.3.1: European Oil Filter Market by Product Type: Base Gasket, Canister, Anti-Drain Black Seal, and Base Plate
4.3.2: European Oil Filter Market by Vehicle Type: Compact Passenger Cars, Mid-Sized Passenger Cars, Premium Passenger Cars, Luxury Passenger Cars, and Others
4.4: APAC Oil Filter Market
4.4.1: APAC Oil Filter Market by Product Type: Base Gasket, Canister, Anti-Drain Black Seal, and Base Plate
4.4.2: APAC Oil Filter Market by Vehicle Type: Compact Passenger Cars, Mid-Sized Passenger Cars, Premium Passenger Cars, Luxury Passenger Cars, and Others
4.5: ROW Oil Filter Market
4.5.1: ROW Oil Filter Market by Product Type: Base Gasket, Canister, Anti-Drain Black Seal, and Base Plate
4.5.2: ROW Oil Filter Market by Vehicle Type: Compact Passenger Cars, Mid-Sized Passenger Cars, Premium Passenger Cars, Luxury Passenger Cars, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Oil Filter Market by Product Type
6.1.2: Growth Opportunities for the Global Oil Filter Market by Filter Media
6.1.3: Growth Opportunities for the Global Oil Filter Market by Vehicle Type
6.1.4: Growth Opportunities for the Global Oil Filter Market by Sales Channel
6.1.5: Growth Opportunities for the Global Oil Filter Market by Region
6.2: Emerging Trends in the Global Oil Filter Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Oil Filter Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Oil Filter Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Denso
7.2: Robert Bosch
7.3: K&N Engineering
7.4: UFI Filters
7.5: Hollingsworth and Vose
7.6: Alco Filters
7.7: Ahlstrom
7.8: MAHLE
7.9: Mann Hummel
7.10: Cummins
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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