
Vehicle Oil And Fuel Filters Market
Vehicle Oil And Fuel Filters Market Global Industry Assessment & Forecast
Segments Covered
By Product Types Oil Filter, Fuel Filter
By Filter Media Cellulose, Synthetic-Laminated, Pure Glass
By Sales Channel OEM, Aftermarket
By Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
Snapshot
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2021 - 2028 |
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2016 - 2020 |
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32.83 Billion |
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45.66 Billion |
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4.21% |
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North America |
Customization Offered
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market Dynamics
Region Level Market Share
Import Export Analysis
Production Analysis
Others Request Customization Speak To Analyst
Key Insights
The
global Vehicle Oil And Fuel Filters market was valued at USD 32.83 Billion in 2020 and is
projected to reach USD 45.66 Billion by 2028, growing at a CAGR of 4.21%%
from 2021 to 2028.

Years | Parameters |
---|---|
Historical Data (Actual Data) | 2016-2020 |
Base Year Data | 2020 |
Current Year Date | 2021 |
Projected year data | 2021-2026 |
Annual Market Size (2028) | 45.66 Billion |
Annual Market Size (2021) | |
CAGR (2021 - 2028) | 4.21%% |
Definition and Overview
Clean vehicle oil is essential for maintaining the wear and tear of vehicle engines. The use of unfiltered oil can become saturated with microscopic hard particles which can potentially damage the surface of the engine. The important function of fuel filters is to eliminate dust and other contaminants present in fuel. While fuel filters are installed in internal combustion engines, oil filters are used in different types of hydraulic machines. Oil filters are chiefly used for removing contaminants from engine oil, lubricating oil, hydraulic oil, and transmission oil.
The
global Vehicle Oil And Fuel Filters market is segmented based on by Product Types, Filter Media,
regions, and countries. The regional segmentation provides current and forecast
demand across North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. All the segments have been analyzed on the basis of present
and future trends. Rising demand for Vehicle Oil And Fuel Filters in various countries such as the U.S.,
Germany, China, India, and Japan, among others is likely to support the growth
of the market. Numerous companies are focusing on investing heavily in this
application to cater the end user requirements effectively. The report provides
comprehensive analysis of the market based on drivers, restraints,
opportunities, trends, competition, and industry-authenticated data. The market
is estimated from 2016 to 2020 with forecast from 2021 to 2028.
Global Vehicle Oil And Fuel Filters Market: COVID-19 Impact Analysis
The
COVID-19 pandemic is affecting industries worldwide and the global economy took
hit in 2020 and likely in 2021 as well. The outbreak created disruptions in
industries such as semiconductor, consumer electronics, travel, and automotive,
among others. Impact of COVID-19 on the market demand is considered while
estimating the current and forecast market size and growth trends for all the
regions and countries. The
report provides a completely separate chapter for COVID-19 Impact Analysis.
This chapter includes: o Impact Assessment of COVID-19
Pandemic o Pre & Post COVID-19
Market Size o Qualitative analysis on the
short term & long term impact of COVID-19 on the market
o
The
analysis provides foremost strategies adopted by competitors to minimize the
impact of the pandemic on their business activities and scope for future
developments.
Market Insights
The implementation of government laws and regulations for vehicular emission mandated automobile manufacturers to use vehicle oil and fuel filters to combat high emission levels in vehicles in various countries. The use of fuel filters in vehicles not only improves the working of engine of the vehicle but also eliminates the solid dirt particles such as dust, pollen, and other unwanted air particles that reduce the fuel consumption and carbon emission. Hence, incorporation of advanced filters in vehicles is expected to support the growth of the market.
The rising vehicle sale and manufacturing across the globe is anticipated to augment the growth of the vehicle oil and fuel filter market during the forecast period. This is owing to the rapid urbanization, industrialization, rising disposable income of the consumers, and advancement of technologies. Furthermore, the adoption of personal vehicles has also increased the global sales and production of automobiles which is in turn expected to support the growth of the vehicle oil and fuel filter market in the forecast period.
The increasing demand for electric vehicles is expected to hamper the growth of the global vehicle oil and fuel filter market in the years to come. Furthermore, the necessity for long drain intervals may also limit the growth of the market.
Global Vehicle Oil And Fuel Filters Market Report Scope
Parameter | Details |
---|---|
Market Size Provided for Years | 2016-2028 |
Base Year | 2020 |
Historic Years | 2016-2020 |
Forecast Years | 2021-2028 |
Market Size Provided In Terms Of | Revenue & Volume |
Segments Covered | Product Types, Filter Media, Sales Channel |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Countries Covered | The U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, South East Asia, Brazil, Argentina, GCC Countries, and South Africa, among others |
Companies Covered | Cummins Inc., Denso Corporation, Mann+Hummel Group, Mahle GmbH, Donaldson Company Inc., Ahlstrom Corporation, Affinia Group Inc., Hengst Se & Co, Acdelco Corporation, Sogefi Group. |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis |
Market Segmentation
Product Types Analysis: Preview On the basis of Product Types,
the market is segmented into Oil Filter, Fuel Filter. Fuel Filters held the
leading share in 2020 and is anticipated to grow at a noteworthy CAGR over the
forecast timespan. This is due to the increasing adoption of Fuel Filters
in emerging economies in Asia Pacific region. Filter Media
Analysis: Preview
Based on Filter Media,
the market is segmented into Cellulose, Synthetic-Laminated, Pure Glass. Synthetic-Laminated accounted
for the highest market share and is expected to grow at a significant CAGR from
2021 to 2028.
Global Vehicle Oil And Fuel Filters Market: Product Types Segment Analysis
-
- Oil Filter
- Fuel Filter
Global Vehicle Oil And Fuel Filters Market: Filter Media Segment Analysis
-
- Cellulose
- Synthetic-Laminated
- Pure Glass
Global Vehicle Oil And Fuel Filters Market: Sales Channel Segment Analysis
-
- OEM
- Aftermarket
Global Vehicle Oil And Fuel Filters Market: Segment Analysis
-
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Regional Analysis Preview
On the basis of region, the global Vehicle Oil And Fuel Filters market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America region held the largest share of the global Vehicle Oil And Fuel Filters market in 2020. Some of the major countries contributing to the surge in the market are the U.S., U.K., Germany, France, China, India, Japan, and South Korea. U.S. is one of the most profitable countries for companies operating in the market.
Market Size, 2021 (USD Billion)
Global Vehicle Oil And Fuel Filters Market: Regional Analysis
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- GCC Countries
- South Africa
- Rest of MEA
Competitive Landscape
The market comprises of various small, medium, and large sized players spread across all the regions. Some of the key companies operating in the global Vehicle Oil And Fuel Filters market are Cummins Inc., Denso Corporation, Mann+Hummel Group, Mahle GmbH, Donaldson Company Inc., Ahlstrom Corporation, Affinia Group Inc., Hengst Se & Co, Acdelco Corporation, Sogefi Group.. The report provides company market share analysis which gives a comprehensive overview of the key competitors in the market. In addition, the report also covers major strategies adopted by market players such as new product launch, acquisitions & mergers, partnerships, collaborations & joint ventures, research & development, and regional expansion. The study also covers the product portfolio of major companies operating in the market.
FAQ
Frequently Asked Question
What is the global demand for Vehicle Oil And Fuel Filters in terms of revenue?
-
The global Vehicle Oil And Fuel Filters valued at 32.83 Billion in 2020 and is expected to reach 45.66 Billion in 2028 growing at a CAGR of 4.21%%.
Which are the prominent players in the market?
-
The prominent players in the market are Cummins Inc., Denso Corporation, Mann+Hummel Group, Mahle GmbH, Donaldson Company Inc., Ahlstrom Corporation, Affinia Group Inc., Hengst Se & Co, Acdelco Corporation, Sogefi Group..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.21%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Vehicle Oil And Fuel Filters include
- The implementation of government laws and regulations for vehicular emission mandated automobile manufacturers to use vehicle oil and fuel filters to combat high emission levels in vehicles in various countries. The use of fuel filters in vehicles not only improves the working of engine of the vehicle but also eliminates the solid dirt particles such as dust, pollen, and other unwanted air particles that reduce the fuel consumption and carbon emission. Hence, incorporation of advanced filters in vehicles is expected to support the growth of the market.
- The rising vehicle sale and manufacturing across the globe is anticipated to augment the growth of the vehicle oil and fuel filter market during the forecast period. This is owing to the rapid urbanization, industrialization, rising disposable income of the consumers, and advancement of technologies. Furthermore, the adoption of personal vehicles has also increased the global sales and production of automobiles which is in turn expected to support the growth of the vehicle oil and fuel filter market in the forecast period.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the Vehicle Oil And Fuel Filters in 2020.