Automotive filters are used to prevent the entry of dust particles, exhaust fumes, and bacteria into the vehicle engine and reduce maintenance cost. This helps in minimizing air pollution as well. Stringent emission laws on the emission of vehicles by governments of various countries are driving sales in the automotive filters market. In order to minimize the risk of hazardous gases produced by vehicle emission, there is a set of standard regulations applied on passenger cars and light-duty vehicles across the globe.
Gases emit from vehicles such as hydrocarbons (HC), nitrogen oxide (NOx), and carbon monoxide (CO) are extremely harmful for the environment. These factors are expected to propel the sales of automotive filters to reduce carbon emissions. Increasing research and development (R&D) activities in various developing economies to increase the service life of automotive filters is expected to fuel the market growth during forecast period.
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North America is expected to account for a major share of the global automotive filters market during the forecast period. Factors responsible for market growth are increase in stringency of emission regulations, rise in vehicle production, and high average miles driven per year in regions such as the U.S. and Mexico. There is a rising increasing demand for passenger cars and LCVs in the U.S. Key players operating in the global automotive filters market are expanding their presence by engaging in mergers & acquisition activities or by establishing new facilities.
The presence of a large number of manufacturers in the region is also a factor attributable to the rapid expansion of the automotive filters market. Fuel filters are an important part of conventional engine vehicles. Stringent rules and regulations associated with emission control and fuel efficiency of vehicles by governing bodies in Asia Pacific are driving the market in Asia Pacific. Automotive manufacturers are also focusing on innovative strategies to comply with these standards. This factor is driving the demand for automotive filters in Asia Pacific.
Rising pollution levels across the globe demand fuel-efficient and environment-friendly vehicles to reduce carbon emission. The growing awareness among consumers to use fuel-efficient solutions is driving the global market. The lucrative presence of market contributors all over the world is a major factor driving the global automotive filters market. Increasing competition among players boosts the market growth during the forecast period. A wide array of innovative products offered by some of the top players has been advantageous for these players over their competitors. However, the growing emergence of local players is expected to intensify competitiveness in the global automotive filters market.
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