Oil Filter Market Is Expected to Reach $336.78 Million by 2018

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• Oil Filter Market Is Expected to Reach 336.78
  Million by 2018

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• The report global oil filter market covers the
  global market of the regions Asia-Pacific,
  Europe, North America and is further segmented
  based on vehicle type (Passenger cars, LCVs
  HCVs) and fuel type (Gasoline Diesel).
• Oil filters clean the gunk that the engine picks
  up which facilitates the engine to run smoothly.
  Stringent emission norms imposed in the different
  regions globally, and increasing environmental
  awareness throughout the world has increased the
  use and replacement of oil filters.
• Filters with different technologies are being
  developed and installed by OEMs in automobiles to
  control emission rates and increase fuel economy.
  The automotive oil filter market is expected to
  grow at a CAGR of 11.1 during 2013 to 2018.

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Browse through the market data tables, figures
and detailed ToC on the Oil Filter
Market. http//www.micromarketmonitor.com/market
-report/oil-filter-reports-8219774215.html

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• Related Reports
• North America Oil Filter Market
• The vehicle production growth in North America is
  showing a positive rate. The increasing awareness
  about the environment, and the government support
  promoting emission regulation, has increased the
  market span of oil filters in the region. With
  countries like Mexico and the U.S. becoming the
  hub of the automotive industry, the automobile
  demand in the region is increasing at a fast
  rate. The North American automotive oil filter
  market is estimated to grow at a CAGR of 11.1
  during 2013 to 2018.

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• Asia-Pacific Oil Filter Market
• Asia-Pacific houses countries with the highest
  vehicle production, and the oil filter market can
  be linked directly with vehicle production. The
  increasing demand of automobiles in the region
  has made it a potential market for various
  companies to invest in and build their business.
  The increasing environmental consciousness in the
  region has compelled governments to introduce
  strict emission norms, enabling the oil filter
  market to grow at faster rate. Aftermarket
  fittings play a huge role in the segment as the
  replacement of the filters at regular time
  intervals is very important. The Asia-Pacific
  automotive oil filter market is estimated to grow
  at a CAGR of 12.7 during 2013 to 2018.

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• Europe Oil Filter Market
• Europe is known for its well-developed automotive
  industry, which contributes a significant share
  to the global automotive industry. The government
  has imposed stringent emission norms and
  environmental regulations in the region. With the
  increasing CO2 emission in the environment by
  automobiles, the regulated use of oil filters and
  replacement of it at regular intervals has
  increased the market for oil filters in the
  region. Consumers are also inclined to
  environmental friendly means of transport, thus
  replacement of oil filters is common at regular
  intervals giving aftermarket suppliers a great
  opportunity to grow. The European automotive oil
  filter market is estimated to grow at a CAGR of
  8.3 during 2013 to 2018.

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