June 19, 2019 by Steve Blade
Automotive fuel filter sales continue to spur in line with emphasis on safeguarding the fuel lines in various vehicles. Subject to cluster of dander, contamination, and dust, the clogged automotive fuel filters can disrupt the functioning of the engine. Clogged automotive fuel filters further lead to insufficient supply of fuel, which leads to harmful emission after a series of coughing, and a complete shutdown. Accumulation of dander, contamination, dirt, and dust can further damage the other components of the engine including pistons and cylinders. Growing need to protect the engine from debris, contaminant, and dirt continues to rev up growth of automotive fuel filter market.
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Fuel filters continue to remain integral components across diverse range of vehicles such as off-road vehicles, sport cars, as well as utility vehicles such as lawn mowers. Massive advances in passenger vehicles adoption on the back of growing population and urbanization are estimated to keep growth agile. Additionally, lurking opportunities in novel automotive variants such as luxury cars are further anticipated to keep growth agile.
Automotive fuel filter market players are focusing on launching extended performance fuel filters that are equipped with the enhanced high-performance technology that extends the change intervals of automotive fuel filter. Moreover, leading suppliers in the automotive fuel filter market are mainly focusing on the development of advanced technology that will reduce the emission of CO2, and enhance the fuel economy. However, the automotive fuel filters are mainly developed for the gasoline direct injection engines. Such factors are further expected to impact growth of the automotive fuel filter market.
Automotive Fuel Filter Market: Overview
The automotive fuel filter market has been analyzed in detail to offer definitive forecast insights on the market for the period 2017-22. This report is an exhaustive compilation of a detailed overview of automotive fuel filter market and analyzes the market in terms of market dynamics, macro and micro-economic determinants that shape market growth, also shedding light on other relevant factors that direct future prospects of the market trajectory.
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OEM Continues to Remain an Attractive Sales Channel
With increasing demand for fuel efficiency, adoption of diesel filters are expected to increase in the automotive industry. Diesel filter is predicted to sell more than the gasoline filters in the global market. Demand for diesel filters is likely to surpass US$ 400 Mn by 2022-end. On the other hand, the gasoline filters will continue to witness fastest growth in the global market through 2022.
By sales channel, the OEM segment will continue to generate significant revenues, recording more than US$ 230 Mn by 2017-end. The OEM sales channel segment is projected to reflect a relatively high CAGR in the global automotive fuel filter market through 2022.
Automotive Fuel Filter Market: Competition Landscape
Leading players operating in the automotive fuel filter market include Donaldson Company Inc., Robert Bosch GmbH, Mahle Group, Denso Corporation, Sogefi SpA, K&N Engineering, Champion Laboratories Inc., Cummins Inc., FRAM Group IP LLC, Freudenberg & Co KG, Hengst SE & Co KG, Mann + Hummel GmbH, and UFI Filters Spa.
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