The automotive filters market is projected to reach USD 13.1 billion by 2027 from USD 11.1 billion in 2022, at a CAGR of 3.3%. The increase in demand for light commercial and heavy commercial vehicles, Rising government emission norms related to CO2 and NOx emission, and increased investment in infrastructure to boost the demand for heavy commercial vehicles and construction equipment, and hence, this factors will drive the growth of the automotive filters market.
Automotive filters are required to be replaced on a regular interval basis for better performance and to increase the lifespan of the vehicle. The most frequently replaced filters are oil filters, air filters, and fuel filters, as these filters are directly related to the vehicle’s engine. As vehicle miles driven increase the filter media gets dirtier as it must filter various foreign and unwanted particles from air, fuel, and oil. Eventually, the filter media gets clogged by the dirt, therefore it limits the filtration function.
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The Brake dust filters for OE market are projected to be the fastest from 2022 to 2027. Brake dust filters are yet to be commercialized on a larger scale. These filters are installed on top of brake discs and brake pads to capture the particles emitted during the braking process. Brake dust contributes significantly to the pollution caused by particulates during traffic. More than 90% of brake dust consists of ultra-fine particles, which have a negative effect on human health. The Europe and North America regions have higher installation rates of brake dust particles as they are well known for early adoption of emission regulations followed by Asia Pacific. Mann+Hummel first presented brake dust filters technology in 2017 at an early stage of the development process; successful tests have confirmed its effectiveness. Brake dust filters can be installed in existing spaces around disk brakes. Thus, technological development in brake dust filters, and the adoption of brake dust filters is expected to grow in the future.
The light commercial segment is estimated to grow at the highest CAGR of 4.1% during the forecast period. Filters used in passenger cars can also have installed in light commercial vehicles. However, the installation rate of some filters in LCVs is higher than the passenger cars. For instance, the steering filters have higher installation rates in LCVs compared to passenger cars, as most of the LCVs are equipped with hydraulic power steering or electrohydraulic power steering. The LCV filters in North America contribute more than 18% in 2022. This is attributed to the increased production of full-size SUVs and Pickup trucks in the US and Canada. Thus, the rise in the production of LCVs around the world has created a demand for filters used in LCVs.
Thus, the growing vehicle production with demand for enhanced fuel efficiency and performance and stringent emission standards is expected to drive demand for automotive filters. Increasing R&D and stringent regulatory standards is driving automakers to adopt filters in their models. Leading market players have adopted strategies of new product development and mergers & acquisitions to increase their share in the automotive filters industry. These manufacturers have increased investments in product innovation and testing of material advancements for filtration. For instance, in April 2020, MANN+HUMMEL introduced FreciousPlus, its latest innovation in cabin air filtration. This filter blocks unpleasant smells and harmful gases, such as nitrogen oxides and ozone, from the outside air, while removing almost 100 percent of harmful particles, such as fine dust.
Key Market Players:
The automotive filters companies are Mann+Hummel (Germany), Donaldson Company, Inc. (US), Mahle GmbH (Germany), Robert Bosch GmbH (Germany), AHLSTROM-MUNKSJÖ (Finland), Denso Corporation (Japan), Toyota Boshoku Corporation (Japan), Sogefi S.p.A (Italy), Cummins Inc. (Indiana), K & N Engineering, Inc. (US), and Parker Hannifin Inc. (US). These companies adopted several strategies to gain traction in the automotive filter market.
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