Automotive air filters market size worth 7.2 billion by 2022: Global Market Insights Inc. Business Articles | April 18 John Elway Hat , 2016

Automotive Air Filters Market Size By Application (Light & Heavy Commercial Vehicles, & Two Wheelers, Passenger Cars), By Product (Cabin, Intake) Justin Simmons Hoodie , By End-Use (Aftermarket, OEM), Industry Outlook Report, Regional Analysis, Application Development Jake Butt Hoodie , Price Trends, Competitive Market Share & Forecast, 2015 – 2022


Automotive air filters market size?is anticipated to be valued at USD 7.2 billion by 2022, as per a new research report by Global Market Insights, Inc. Increasing passenger car demand coupled with growth in two wheeler sales majorly in BRICs nations is likely to drive market. Post downturn recovery has witnessed growth in automobiles sales thereby factor likely to positively influence air filters market demand.

Increasing health awareness by regulatory agencies such as EPA and CCC Garett Bolles Hoodie , make sure consumers comply with proper filtration and ventilation systems in vehicles thereby influencing demand. Fluctuating prices of raw material such as PP nonwoven fabrics, fiberglass, ceramic and papers are likely to challenge overall profitability.?

Cabin filters were largest consuming products and accounted for over 50% of automotive air filters market share in 2014. Timely replacement of air filters owing to increasing pollution and restricting pollutants entering vehicle cabin is likely to drive demand. Intake air filters are likely to witness significant gains with an estimated CAGR of 7.5% from 2015 to 2022.
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To access a sample copy or view this report in detail along with the table of contents, please click the link below:

Key report insights suggest:
Global automotive air filters market size was estimated USD 3.87 billion in 2014 and may register USD 7.2 billion by 2022, ?growing with an estimated CAGR of 8.1% from 2015 to 2022.

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Passenger car applications dominated consumption and accounted for 51.7% of the automotive air filters market share in 2014. Increase in spending capacity and growth in tourist vehicle segment is likely to drive the demand. Two wheeler applications are likely to witness highest gains at an estimated CAGR of 8.6% from 2015 to 2022.
?Automotive aftermarket dominated the end-use segment accounting for 71.9% of the revenue share in 2014. OEM end-use segment is likely to grow at an estimated CAGR of 7.2% owing to presence of unorganised automotive air filters market in countries such as China and India.The market is highly fragmented with top six companies catering to below 50% of global market. Mergers and acquisition are observed in this industry to increase the regional presence. Major companies operating include Mann+Hummel Courtland Sutton Hoodie , Ahlstrom Corporation, and Lydall Inc, Denso Corporation and Cummins Inc.
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For this report, Global Market Insights has segmented the automotive air filters market on the basis of product, application Matt Paradis Hoodie , end-use and region:

Global Automotive Air Filters Market Product Analysis (Revenue, USD Million, 2012 – 2022)
IntakeCabin
Global Automotive Air Filters Market Application Analysis (Revenue, USD Million, 2012 – 2022)
Passenger CarsLight & Heavy Commercial VehiclesTwo Wheelers
Global Automotive Air Filters Market End-Use Analysis (Revenue Derek Wolfe Hoodie , USD Million, 2012 – 20220)
OEMAftermarket
Global Automotive Air Filters Market Regional Analysis (Revenue, USD Million, 2012 – 2022)
North AmericaEuropeAsia PacificLatin AmericaMiddle East & Africa
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