Growth prospects in the automotive oil filter market in the APAC:
The oil filter market for automobiles in the APAC region is expected to grow at a CAGR of around seven percent during the period 2014-2019. The demand for automobile oil filters from OEMs is increasing as a result of increased production in the automotive industry. The demand for automobile oil filters from the aftermarket is also expected to rise during the forecast period because of the increased size of the aforementioned aftermarket.
Automotive oil filter market challenges:
However, the quality of automotive oil filters in the aftermarket is one of the main challenges faced by the market today. Many oil filters available in the aftermarket have poorly designed bypass valves. These valves are used either when the engine oil is too viscous to flow through the filter or the oil filter is too dirty. Other factors discussed in this report are key challenges that vendors in this market will have to face.
Top vendors in the automotive oil filter market by market share:
Source: Technavio analysis
The above exhibit shows the market size of the 9 most prominent companies in this market. Top companies here include:
- Clarcor
- Denso
- Donaldson Company
- Mahle Group
- Mann Hummel
Prominent vendors in the oil filter market for automobile:
- ACDelco
- Ahlstrom
- Bosch Group
- Gud Holdings
- Hengst
- Hollingsworth & Vose
- Puradyn Filter Technologies
- Roki
- Sogefi
- Tokyo Roki
- Toyota Boshoku
Key leading countries:
Key customer segments:
Geographical segmentation (market shares only):
Key buying criteria:
- Brand Image
- Cost
- Oil Grade and Viscosity
- Quality and Reliability
- Safety
Other sections include an analysis on the following:
- Important factors driving the oil filter for automobile market in APAC
- Challenges impacting the companies of this market
- Key trends and its impact on the market
- Five forces analysis of oil filter in automobile market in APAC
- SWOT analysis of key vendors
The report provides the vendor analysis and their market shares at APAC level, which is highly fragmented among global and local players. This report explains the competitive landscape in detail and also includes their key product offerings. There is also an in-depth analysis of the key companies and their recent developments and other strategies.
Technavio also offers customizations on reports based upon specific client requirements.
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?