Oil Filter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global oil filter market size reached US$ 3.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.
Oil filter is a device designed for eliminating impurities and foreign particles from automobile oils. It removes dirt and sludge, which further helps in keeping the oil safe and unadulterated, protecting the engine from premature wearing, enabling it to function efficiently, reducing emissions and decreasing the overall consumption of fuel. Its utilization assists in preventing contaminants from damaging the engine as oil left unfiltered can become saturated. Besides this, it is easy to replace and leaves no residue and helps in cooling the oil and monitoring the pressure.
Oil Filter Market Trends:
The increasing sales of oil filters are predominantly dependent on the growing environmental concerns among individuals as well as governing agencies of several countries due to considerable emissions of greenhouse gases (GHGs). In line with this, the rising need for vehicle safety and enhancing the overall performance of the engine is strengthening the growth of the market. Apart from this, the burgeoning automotive industry, in confluence with the increasing production of commercial vehicles on account of the surging construction activities, is catalyzing the demand for oil filters around the world. Moreover, leading manufacturers are significantly funding research and development activities (R&D) to introduce clean fuel levels in oil filters. Besides this, vehicle owners worldwide are focusing on preventive maintenance to increase the productivity and longevity of vehicles. This, in turn, is impelling the growth of the market. Furthermore, the growing average age of vehicles in operation due to continual improvement in the quality of vehicles and associated functionalities is envisaged to offer lucrative growth opportunities to market players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global oil filter market report, along with forecasts at the global and regional levels from 2023-2028. Our report has categorized the market based on end-use and fuel type.
Breakup by End-Use:
Passenger Cars
Commercial Vehicles
Two-Wheelers
Others
Passenger cars currently hold the largest market share on account of rapid urbanization, inflating disposable incomes and consequently altering lifestyles.
Breakup by Fuel Type:
Gasoline
Diesel
At present, gasoline accounts for the majority of the total market share.
Breakup by Region:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America
The Asia Pacific dominates the market due to the implementation of stringent emission regulations in different parts of the region.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Ahlstrom-Munksjц Oyj, CLARCOR Inc., DENSO Corporation, MAHLE GmbH, and MANN+HUMMEL International GmbH & Co. KG.
Key Questions Answered in This Report
1. What was the size of the global oil filter market in 2022?
2. What is the expected growth rate of the global oil filter market during 2023-2028?
3. What are the key factors driving the global oil filter market?
4. What has been the impact of COVID-19 on the global oil filter market?
5. What is the breakup of the global oil filter market based on the end-use?
6. What is the breakup of the global oil filter market based on the fuel type?
7. What are the key regions in the global oil filter market?
8. Who are the key players/companies in the global oil filter market?
The global oil filter market size reached US$ 3.4 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.2% during 2023-2028.
Oil filter is a device designed for eliminating impurities and foreign particles from automobile oils. It removes dirt and sludge, which further helps in keeping the oil safe and unadulterated, protecting the engine from premature wearing, enabling it to function efficiently, reducing emissions and decreasing the overall consumption of fuel. Its utilization assists in preventing contaminants from damaging the engine as oil left unfiltered can become saturated. Besides this, it is easy to replace and leaves no residue and helps in cooling the oil and monitoring the pressure.
Oil Filter Market Trends:
The increasing sales of oil filters are predominantly dependent on the growing environmental concerns among individuals as well as governing agencies of several countries due to considerable emissions of greenhouse gases (GHGs). In line with this, the rising need for vehicle safety and enhancing the overall performance of the engine is strengthening the growth of the market. Apart from this, the burgeoning automotive industry, in confluence with the increasing production of commercial vehicles on account of the surging construction activities, is catalyzing the demand for oil filters around the world. Moreover, leading manufacturers are significantly funding research and development activities (R&D) to introduce clean fuel levels in oil filters. Besides this, vehicle owners worldwide are focusing on preventive maintenance to increase the productivity and longevity of vehicles. This, in turn, is impelling the growth of the market. Furthermore, the growing average age of vehicles in operation due to continual improvement in the quality of vehicles and associated functionalities is envisaged to offer lucrative growth opportunities to market players.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global oil filter market report, along with forecasts at the global and regional levels from 2023-2028. Our report has categorized the market based on end-use and fuel type.
Breakup by End-Use:
Passenger Cars
Commercial Vehicles
Two-Wheelers
Others
Passenger cars currently hold the largest market share on account of rapid urbanization, inflating disposable incomes and consequently altering lifestyles.
Breakup by Fuel Type:
Gasoline
Diesel
At present, gasoline accounts for the majority of the total market share.
Breakup by Region:
Asia Pacific
North America
Europe
Middle East and Africa
Latin America
The Asia Pacific dominates the market due to the implementation of stringent emission regulations in different parts of the region.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are Ahlstrom-Munksjц Oyj, CLARCOR Inc., DENSO Corporation, MAHLE GmbH, and MANN+HUMMEL International GmbH & Co. KG.
Key Questions Answered in This Report
1. What was the size of the global oil filter market in 2022?
2. What is the expected growth rate of the global oil filter market during 2023-2028?
3. What are the key factors driving the global oil filter market?
4. What has been the impact of COVID-19 on the global oil filter market?
5. What is the breakup of the global oil filter market based on the end-use?
6. What is the breakup of the global oil filter market based on the fuel type?
7. What are the key regions in the global oil filter market?
8. Who are the key players/companies in the global oil filter market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL OIL FILTER MARKET
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Breakup by End-Use
. 5.5Market Breakup by Fuel Type
5.6Market Breakup by Region
5.7Market Forecast
5.8SWOT Analysis
5.8.1Overview
5.8.2Strengths
5.8.3Weaknesses
5.8.4Opportunities
5.8.5Threats
5.9Value Chain Analysis
5.9.1Overview
5.9.2Research and Development
5.9.3Raw Material Procurement
5.9.4Manufacturing
5.9.5Marketing
5.9.6Distribution
5.9.7End-Use
5.10Porters Five Forces Analysis
5.10.1Overview
5.10.2Bargaining Power of Buyers
5.10.3Bargaining Power of Suppliers
5.10.4Degree of Competition
5.10.5Threat of New Entrants
5.10.6Threat of Substitutes
6 MARKET BREAKUP BY END-USE
6.1Passenger Cars
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Commercial Vehicles
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Two-Wheelers
6.3.1 Market Trends
6.3.2 Market Forecast
6.4Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 MARKET BREAKUP BY FUEL TYPE
7.1Gasoline
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Diesel
7.2.1 Market Trends
7.2.2 Market Forecast
8 MARKET BREAKUP BY REGION
8.1Asia Pacific
8.1.1 Market Trends
8.1.2 Market Forecast
8.2North America
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Europe
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 IMPORTS AND EXPORTS
9.1Imports by Major Countries
9.2Exports by Major Countries
10 OIL FILTER MANUFACTURING PROCESS
10.1Product Overview
10.2Raw Material Requirements
10.3Manufacturing Process
10.4Key Success and Risk Factors
11 COMPETITIVE LANDSCAPE
11.1Market Structure
11.2Key Players
11.3Profiles of Key Players
11.3.1Ahlstrom
11.3.2CLARCOR Inc.
11.3.3DENSO
11.3.4MAHLE
11.3.5MANN+HUMMEL
2 SCOPE AND METHODOLOGY
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1Overview
4.2Key Industry Trends
5 GLOBAL OIL FILTER MARKET
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Breakup by End-Use
. 5.5Market Breakup by Fuel Type
5.6Market Breakup by Region
5.7Market Forecast
5.8SWOT Analysis
5.8.1Overview
5.8.2Strengths
5.8.3Weaknesses
5.8.4Opportunities
5.8.5Threats
5.9Value Chain Analysis
5.9.1Overview
5.9.2Research and Development
5.9.3Raw Material Procurement
5.9.4Manufacturing
5.9.5Marketing
5.9.6Distribution
5.9.7End-Use
5.10Porters Five Forces Analysis
5.10.1Overview
5.10.2Bargaining Power of Buyers
5.10.3Bargaining Power of Suppliers
5.10.4Degree of Competition
5.10.5Threat of New Entrants
5.10.6Threat of Substitutes
6 MARKET BREAKUP BY END-USE
6.1Passenger Cars
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Commercial Vehicles
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Two-Wheelers
6.3.1 Market Trends
6.3.2 Market Forecast
6.4Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 MARKET BREAKUP BY FUEL TYPE
7.1Gasoline
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Diesel
7.2.1 Market Trends
7.2.2 Market Forecast
8 MARKET BREAKUP BY REGION
8.1Asia Pacific
8.1.1 Market Trends
8.1.2 Market Forecast
8.2North America
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Europe
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Middle East and Africa
8.4.1 Market Trends
8.4.2 Market Forecast
8.5Latin America
8.5.1 Market Trends
8.5.2 Market Forecast
9 IMPORTS AND EXPORTS
9.1Imports by Major Countries
9.2Exports by Major Countries
10 OIL FILTER MANUFACTURING PROCESS
10.1Product Overview
10.2Raw Material Requirements
10.3Manufacturing Process
10.4Key Success and Risk Factors
11 COMPETITIVE LANDSCAPE
11.1Market Structure
11.2Key Players
11.3Profiles of Key Players
11.3.1Ahlstrom
11.3.2CLARCOR Inc.
11.3.3DENSO
11.3.4MAHLE
11.3.5MANN+HUMMEL
LIST OF TABLES
Table 1: Global: Oil Filter Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Oil Filter Market Forecast: Breakup by End-Use (in Million US$), 2023-2028
Table 3: Global: Oil Filter Market Forecast: Breakup by Fuel Type (in Million US$), 2023-2028
Table 4: Global: Oil Filter Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Oil Filter: Import Data by Country
Table 6: Global: Oil Filter: Export Data by Country
Table 7: Oil Filter: Raw Material Requirements
Table 8: Global: Oil Filter Market: Competitive Structure
Table 9: Global: Oil Filter Market: Key Players
Table 1: Global: Oil Filter Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Oil Filter Market Forecast: Breakup by End-Use (in Million US$), 2023-2028
Table 3: Global: Oil Filter Market Forecast: Breakup by Fuel Type (in Million US$), 2023-2028
Table 4: Global: Oil Filter Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Oil Filter: Import Data by Country
Table 6: Global: Oil Filter: Export Data by Country
Table 7: Oil Filter: Raw Material Requirements
Table 8: Global: Oil Filter Market: Competitive Structure
Table 9: Global: Oil Filter Market: Key Players
LIST OF FIGURES
Figure 1: Global: Oil Filter Market: Major Drivers and Challenges
Figure 2: Global: Oil Filter Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Oil Filter Market: Breakup by End-Use (in %), 2022
Figure 4: Global: Oil Filter Market: Breakup by Fuel Type (in %), 2022
Figure 5: Global: Oil Filter Market: Breakup by Region (in %), 2022
Figure 6: Global: Oil Filter Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 7: Global: Oil Filter Industry: SWOT Analysis
Figure 8: Global: Oil Filter Industry: Value Chain Analysis
Figure 9: Global: Oil Filter Industry: Porter’s Five Forces Analysis
Figure 10: Global: Oil Filter (End-Use in Passenger Cars) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Oil Filter (End-Use in Passenger Cars) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Oil Filter (End-Use in Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Oil Filter (End-Use in Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Oil Filter (End-Use in Two-Wheelers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Oil Filter (End-Use in Two-Wheelers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Oil Filter (Other End-Uses) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Oil Filter (Other End-Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Oil Filter (Gasoline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Oil Filter (Gasoline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Oil Filter (Diesel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Oil Filter (Diesel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Asia Pacific: Oil Filter Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Asia Pacific: Oil Filter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: North America: Oil Filter Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: North America: Oil Filter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Europe: Oil Filter Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Europe: Oil Filter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Middle East and Africa: Oil Filter Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Middle East and Africa: Oil Filter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Latin America: Oil Filter Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Latin America: Oil Filter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Oil Filter Market: Import Breakup by Country (in %), 2021
Figure 33: Global: Oil Filter Market: Export Breakup by Country (in %), 2021
Figure 34: Oil Filter Manufacturing: Detailed Process Flow
Figure 1: Global: Oil Filter Market: Major Drivers and Challenges
Figure 2: Global: Oil Filter Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Oil Filter Market: Breakup by End-Use (in %), 2022
Figure 4: Global: Oil Filter Market: Breakup by Fuel Type (in %), 2022
Figure 5: Global: Oil Filter Market: Breakup by Region (in %), 2022
Figure 6: Global: Oil Filter Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 7: Global: Oil Filter Industry: SWOT Analysis
Figure 8: Global: Oil Filter Industry: Value Chain Analysis
Figure 9: Global: Oil Filter Industry: Porter’s Five Forces Analysis
Figure 10: Global: Oil Filter (End-Use in Passenger Cars) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Oil Filter (End-Use in Passenger Cars) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Oil Filter (End-Use in Commercial Vehicles) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Oil Filter (End-Use in Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Oil Filter (End-Use in Two-Wheelers) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Oil Filter (End-Use in Two-Wheelers) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Oil Filter (Other End-Uses) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Oil Filter (Other End-Uses) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Oil Filter (Gasoline) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Oil Filter (Gasoline) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Oil Filter (Diesel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Oil Filter (Diesel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Asia Pacific: Oil Filter Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Asia Pacific: Oil Filter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: North America: Oil Filter Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: North America: Oil Filter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Europe: Oil Filter Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Europe: Oil Filter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Middle East and Africa: Oil Filter Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Middle East and Africa: Oil Filter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Latin America: Oil Filter Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Latin America: Oil Filter Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Oil Filter Market: Import Breakup by Country (in %), 2021
Figure 33: Global: Oil Filter Market: Export Breakup by Country (in %), 2021
Figure 34: Oil Filter Manufacturing: Detailed Process Flow
