Replacement of Fuel Filters to Drive?Growth of the Automotive Fuel Filter Market

Posted by Arslan on February 19th, 2019

Growth of the global market of automotive fuel filter is bound by several macro-economic, and micro-economic factors. With increasing need to safeguard the fuel lines in a vehicle, adoption of fuel filters is likely to increase among the manufacturers. Accumulation of contamination, dust, dirt, and dander leads to blocked filters and injectors, which obstructs the functioning of the vehicles. Accumulating pollutants further seal the fuel filters, due to which additional pressure is exerted by the pump in order to supply sufficient fuel for combustion. Inadequate combustion due to insufficient supply further leads to harmful emission in the vehicle. Clogged filters further continues to damage the other components of the engine. Bound to these factors, demand for automotive fuel filter continue to increase among the automotive manufacturers globally.

Increasing demand for performance efficiency is projected to fuel adoption of fuel filter in the automotive industry. Moreover, growing need to replace the clogged fuel filters is projected to impact the global market growth of fuel filter significantly. Fact.MR projects the global automotive fuel filter market to reflect a CAGR of 5.8% over the forecast period, 2017-2022.

Replacement to Drive Growth of the Automotive Fuel Filter Market

Automotive fuel filters need to be replaced at regular intervals, as they undergo wear and tear over a period of time. This creates opportunities for automotive fuel filter replacement sales through OEMs. Over time with continuous use, the fuel injectors are subject to be sealed with debris, dust, and contaminations, due to which the pump exerts additional pressure to supply adequate fuel for the vehicle to function. Insufficient fuel results in inadequate burning, which damages the other components of the engine. Clogged automotive fuel filters are harmful to the functioning of the automotive as it can lower the performance level gradually. With increasing demand for vehicles with enhanced performance in several industries, growth of the automotive fuel filters will remain significant. Demand for vehicles in the healthcare, agricultural, and transport industry is expected to impact growth of the automotive fuel filter market.

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https://www.factmr.com/report/289/automotive-fuel-filter-market

Compact Passenger Car to Remain a Dominant Segment

Diesel filter type is expected to outsell the gasoline filter type in the automotive fuel filter market. This filter segment is expected to represent a value of over US$ 430 Mn by the end of 2022. However, gasoline filters is expected to register the highest CAGR in the automotive fuel filter market throughout 2022.

Sales of the automotive fuel filter through OEM is expected to represent a value of over US$ 230 Mn by the end of 2017. Moreover, sales through OEMs are expected to register the highest CAGR in the automotive fuel filter market throughout 2022.

On the basis of filter media, the report has segmented the market into synthetic, cellulose, and ‘others’. Cellulose filter media, albeit smaller in value, is projected to grow at the highest CAGR through 2022.

Competitive Tracking

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.