According to Goldstein Research, global automotive filters market is expected to reach USD 9.4 billion by 2024 from USD 5.6 billion in 2015, growing at a CAGR of 6.6% over the forecast period through 2024. The global automotive filters market is majorly driven by the factors such as rising automotive production and stringent regulatory framework to reduce emission from vehicles.

Global automotive filters market segmentation has been carried out on the basis of products, vehicles and end users. Based on vehicle type, passenger cars segment dominated the market in terms of revenue share with sales of more than 60 million vehicles globally in 2016, which pushed the automotive filters market at new highs of all time. Global automotive filters market is majorly driven by Asia Pacific region valued at USD 1.92 billion in 2016 and is estimated to reach USD 3.2 billion by 2024. China is expected to dominate the automotive filters market followed by India due to large automotive.

Market Segmentation
On the basis of our in-depth analysis, Global Automotive Filters Market can be segmented as follows:

By Product Type
o Oil Filter
o Air Filter
o Fuel Filter
o Cabin Air Filter
By Vehicle Type
o Commercial Vehicles
o Passenger Vehicles
o Two-wheelers
By End Users
o OEMS's
o Aftermarket
By Region
o North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
o Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Automotive Filters Market Outlook 2024” by Goldstein Research contains detailed overview of the global automotive filters market in terms of market segmentation by product type, by vehicle type and by end users.

Further, Global Automotive Filters Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such asToyota Boshoku, Cummins Inc., Freudenberg & Co. KG, Hengst SE & Co. KG, Donaldson Dynamics, Clarcor Inc, ACDelco Inc., Mahle GmbH, Mann+Hummel, ALCO filters, Denso Corporation, Purofil Auto Pvt. Ltd,etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global automotive filters market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

The Report is Available @ https://www.goldsteinresearch.com/report/global-automotive-filters-market-outlook-2024-global-opportunity-and-demand-analysis-market-forecast-2016-2024

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