Automotive air filters market size worth 7.2 billion by 2022

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The Big Picture of Automotive Air Filters
Market by 2022
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-analysis/automotive-air-filters-market
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Global Market Scenario of Light Heavy
Commercial Vehicles
Automotive air filters market size is anticipated
to be valued at USD 7.2 billion by 2022, as per a
new research report by Global Market Insights,
Inc. Increasing passenger car demand coupled
with growth in two wheeler sales majorly in BRICs
nations is likely to drive market. Post downturn
recovery has witnessed growth in automobiles
sales thereby factor likely to positively
influence air filters market demand. Increasing
health awareness by regulatory agencies such as
EPA and CCC, make sure consumers comply with
proper filtration and ventilation systems in
vehicles thereby influencing demand.
Fluctuating prices of raw material such as PP
nonwoven fabrics, fiberglass, ceramic and papers
are likely to challenge overall profitability.
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Cabin filters were largest consuming products and
accounted for over 50 of automotive air filters
market share in 2014. Timely replacement of air
filters owing to increasing pollution and
restricting pollutants entering vehicle cabin is
likely to drive demand. Intake air filters are
likely to witness significant gains with an
estimated CAGR of 7.5 from 2015 to 2022.
Global automotive air filters market size was
estimated USD 3.87 billion in 2014 and may
register USD 7.2 billion by 2022, growing with
an estimated CAGR of 8.1 from 2015 to
2022. Passenger car applications dominated
consumption and accounted for 51.7 of the
automotive air filters market share in 2014.
Increase in spending capacity and growth in
tourist vehicle segment is likely to drive the
demand. Two wheeler applications are likely to
witness highest gains at an estimated CAGR of
8.6 from 2015 to 2022. Automotive aftermarket
dominated the end-use segment accounting for
71.9 of the revenue share in 2014. OEM end-use
segment is likely to grow at an estimated CAGR of
7.2 owing to presence of unorganised automotive
air filters market in countries such as China and
India. 
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-analysis/automotive-air-filters-market F
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Europe automotive air filters market size, by
product, 2012-2022 (USD Million)
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Report _at_ https//www.gminsights.com/industry-analy
sis/automotive-air-filters-market
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