Automotive Oil Filter Market in the APAC Region 2015-2019
About Automotive Oil Filter
An automotive oil filter removes impurities and undesired components from the engine oil in a vehicle. Engine oil lubricates engines, and it needs to be free from particles that may increase friction against piston movement and reduce engine efficiency. Canister-type filters are the most commonly used automotive oil filters.
TechNavio's analysts forecast the Automotive Oil Filter market in the APAC region to grow at a CAGR of 7.23 percent over the period 2014-2019.
Covered in this Report
This report covers the present scenario and the growth prospects of the Automotive Oil Filter market in the APAC region for the period 2015-2019. The report includes the entire range of oil filters available in the market. To calculate the market size, the report considers revenue generated through the sales of automotive oil filters. It analyzes the sales of automotive oil filters to OEMs and the aftermarket.
TechNavio's report, Automotive Oil Filter Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Automotive Oil Filter market landscape in the APAC region and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
TechNavio Announces the Publication of its Research Report – Automotive Oil Filter Market in the APAC Region 2015-2019
TechNavio recognizes the following companies as the key players in the Automotive Oil Filter Market in the APAC Region: Clarcor Inc., Denso Corp., Donaldson Co. Inc., Mahle Group and Mann+Hummel GmbH
Other Prominent Vendors in the market are: ACDelco, Ahlstrom, Bosch Group, Gud Holdings, Hengst, Hollingsworth & Vose, Puradyn Filter Technologies, Roki, Sogefi, Tokyo Roki and Toyota Boshoku
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends in this market is an increase in the volume of goods outsourced to countries, such as China, where the labor cost is low. As a result of growing manufacturing costs, existing players in the market are shifting operations to countries where they can get labor, raw materials, and other facilities at a low cost. This helps lower manufacturing costs and gives them an edge over their competitors.”
According to the report, demand for automobiles directly influences demand for automotive aluminum. This demand, especially for passenger vehicles, is continually increasing worldwide and is driving demand for automotive aluminum.
Further, the report states that the quality of automotive oil filters in the aftermarket is one of the main challenges faced by the market. Original equipment manufacturers offer well-constructed oil filters that are quality controlled. Many oil filters available in the aftermarket have poorly designed bypass valves. These valves are used either when the engine oil is too viscous to flow through the filter or the oil filter is too dirty.
Clarcor , Denso , Donaldson , Mahle , Mann+Hummel, ACDelco, Ahlstrom, Bosch Group, Gud Holdings, Hengst, Hollingsworth & Vose, Puradyn Filter Technologies, Roki, Sogefi, Tokyo Roki, Toyota Boshoku
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