The Asia Pacific Automotive Air Filters Market would witness market growth of 6.1% CAGR during the forecast period (2022-2028).
One of the main factors propelling the growth of the automotive air filter market, particularly the cabin filter demand, is the continuously developing automobile industry, particularly the automobile industry. The demand for cabin air filters is flourishing as more car owners realize how important air filters are for maintaining clean air and preventing dirt from entering passenger cabins. All vehicles feature several filters, including cabin, fuel, oil, and air filters.
This will accelerate market expansion during the projection period, together with increased automotive manufacturing. Furthermore, the market for automotive air filters is also expected to expand due to new filter trends, such as transmission filters for automated transmission systems and brake dust filters.
Nowadays, cellulose medium, among the most economical, is used to make the majority of automotive air intake filters. But because they have so many advantages over cellulose media, synthetic media types are becoming increasingly popular and will command a sizeable market share. Synthetic media types, for instance, offer a greater flow area, better performance, and are more moisture-resistant. As a result, using these filters will boost combustion airflow, increasing fuel efficiency and reducing emissions.
China is also considered a major automotive sales and manufacturing center, as 35 million automobiles are expected to be produced domestically in China by the year 2025. Over 25 million cars, including 19.99 million passenger cars, were sold in 2020. Sales of commercial vehicles surpassed 5.23 million units, a 20% rise over 2019. In order to reduce CO2 and other dangerous gas emissions, the expanding automobile sales and production are also anticipated to increase the use of automotive air filters. Therefore, the regional automotive industry supports expanding the automotive air filter market.
The China market dominated the Asia Pacific Automotive Air Filters Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $901.2 Million by 2028. The Japan market is estimated to grow a CAGR of 5.4% during (2022 - 2028). Additionally, The India market would experience a CAGR of 7.2% during (2022 - 2028).
Based on End User, the market is segmented into Original Equipment Manufacturers (OEMs) and Aftermarket. Based on Product, the market is segmented into Cabin Air Filters and Intake Air Filters. Based on Application, the market is segmented into Passenger Cars, Commercial Vehicles and Two Wheelers. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Automotive Air Filters Market is Projected to reach USD 5.9 Billion by 2028, at a CAGR of 5.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Donaldson Company, Inc., Parker-Hannifin Corporation, Cummins, Inc., Mahle GmbH (Mahle Stiftung GmbH), Freudenberg SE, Valeo SA, Denso Corporation, Hengst SE and K&N Engineering, Inc.
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