Lucintel Forecasts the Global Oil Filter Market to Reach $4.6 billion by 2030
Lucintel Forecasts the Global Oil Filter Market to Reach $4.6 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global oil filtermarket looks promising with opportunities in the compact, mid-sized, premium, and luxury markets. The global oil filter market is expected to reach an estimated $4.6 billion by 2030 from $3.4 billion in 2024 at a CAGR of 5.1% from 2024 to 2030. The major drivers for this market are increasing preference for electric vehicle and growing concerns towards safety of environment and vehicle emissions.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in oil filter market to 2030 by product type (base gasket, canister, anti-drain black seal, and base plate), filter media (cellulose, synthetic, and others), vehicle type (compact passenger cars, mid-sized passenger cars, premium passenger cars, luxury passenger cars, and others), sales channel (original equipment manufacturer (OEM), original equipment supplier (OES), and independent aftermarket (IAM)), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that anti-drain black seal is expected to witness the highest growth over the forecast period.
Within this market, compact is expected to witness the highest growth over the forecast period.
Download sample by clicking on oil filter market
APAC will remain the largest region over the forecast period.
Denso, Robert Bosch, K&N Engineering, UFI Filters, Hollingsworth and Vose, Alco Filters, Ahlstrom, MAHLE, Mann Hummel, and Cummins are the major suppliers in the oil filter market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.comTo get access of more than 1000 reports at fraction of cast visit Lucintel’sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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