Global Oil Filter Market Share, Size, Price Trends And Forecast (2018-2023) - PowerPoint PPT Presentation

View by Category
About This Presentation
Title:

Global Oil Filter Market Share, Size, Price Trends And Forecast (2018-2023)

Description:

Get more information about the market: According to IMARC Group’s latest report, titled “Oil Filter Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global oil filter market reached a value of US$ 3 Billion in 2017. Request a sample report: Browse more reports on Heavy Industry Industry: Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Follow us on twitter: @imarcglobal – PowerPoint PPT presentation

Number of Views:12

less

Write a Comment
User Comments (0)
Transcript and Presenter's Notes

Title: Global Oil Filter Market Share, Size, Price Trends And Forecast (2018-2023)


1
Global Oil Filter Market Fuelled by Flourishing
Automobile Industry
Copyright IMARC. All Rights Reserved
2
About IMARC Group
Report Description
IMARC is a leading advisor on management
strategy and market research worldwide. We
partner with clients in all sectors and regions
to identify their highest-value opportunities,
address their most critical challenges, and
transform their businesses. IMARCs information
products include major market, scientific,
economic and technological developments for
business leaders in pharmaceutical, industrial,
and high technology organizations. Market
forecasts and industry analysis for
biotechnology, advanced materials,
pharmaceuticals, food and beverage, travel and
tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Oil Filter Market Fuelled by Flourishing
Automobile Industry The global oil filter
market has been witnessing a positive growth over
the past few years. This can be attributed to the
significant increase in the production of
vehicles across emerging countries and
introduction of stringent regulations by various
governments to decrease carbon emissions
generated by automobiles. Oil filter is a device
which is specifically designed for eliminating
foreign particles and impurities from different
types of automotive oils such as transmission,
engine, hydraulic and lubricating oil. In case
the oil is left unfiltered for a longer period of
time, it can get saturated and damage the bearing
surfaces of the engine. Oil filters eliminate
dirt and sludge which enables the engine to
function smoothly while reducing emissions as
well as decreasing the annual consumption of
fuel. In addition to this, these filters help in
monitoring the pressure and cooling the oil,
leave no oil residue and are easy to replace. A
new research report by IMARC Group, titled Oil
Filter Market Global Industry Trends, Share,
Size, Growth, Opportunity and Forecast
2018-2023, estimates that the global oil filter
market was worth US 3 Billion in 2017. The
report further anticipates the market to cross
US 4 Billion by 2023, at a projected CAGR of
nearly 5 over the forecast period.
4
Report Description and Highlights
Report Description
  • Global Oil Filter Market Drivers/Constraints
  • There has been a significant rise in the
    production of commercial vehicles owing to an
    upsurge in construction activities in the urban
    areas. This is one of the major factors which has
    been driving the growth of the market.
  • Governments of numerous nations have introduced
    various regulations to limit the rising amount of
    greenhouse gases and pollutants generated by
    automobiles. This has, in turn, contributed
    towards an augmented demand for oil filters
    across the globe.
  • Some of the factors which have been positively
    influencing the market growth include flourishing
    automotive industry as well as the development of
    sophisticated engine designs and clean fuel
    levels in oil filters by various manufacturers.
  • There has been a rapid rise in the demand for
    electric vehicles across the globe which is
    considered to be one of the major factors
    impeding the growth of the global oil filter
    market.
  • Read more here https//www.imarcgroup.com/oil-fil
    ter-market

5
Report Description and Highlights
Report Description
End-Use Insights On the basis of end-use, the
market has been segmented into passenger cars,
commercial vehicles and two-wheelers. Amongst
these, passenger cars represent the largest
segment owing to changing lifestyles, rising
disposable incomes and improving economic
situations across emerging nations. Fue
l Type Insights Based on fuel type, the market
has been segregated into gasoline and diesel.
Currently, gasoline holds majority of the market
share, whereas diesel is expected to grow rapidly
over the next few years. Request Sample Of The
Report https//www.imarcgroup.com/request?typere
portid865flagB
6
Report Description and Highlights
  • Regional Insights
  • On a geographical front, Asia-Pacific represents
    the largest market for oil filters. This can be
    attributed to an increase in the production of
    vehicles in countries such as China, Japan,
    India, and South Korea. The other major markets
    include North America, Europe, Middle East and
    Africa, and Latin America.
  • Import and Export Insights
  • The report has also analysed the import and
    export trends of the global oil filter market
    according to which the United States represents
    the largest importer, whereas Germany is the
    biggest exporter of oil filters.
  • Competitive Landscape
  • The market is highly fragmented in nature with
    the presence of numerous small and large
    manufacturers who compete in terms of prices and
    quality. Some of the leading players operating in
    the market are
  • Ahlstrom
  • CLARCOR Inc.
  • DENSO
  • MAHLE
  • MANNHUMMEL

7
Report Description and Highlights
  • Browse more related reports 
  • Flow Meter Market https//www.imarcgroup.com/flow
    -meter-market
  • Gas Analyzer Market https//www.imarcgroup.com/ga
    s-analyzer-market

8
Report Description and Highlights
Report Description

2017 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
9

Contact Us
About PowerShow.com