Growing awareness about regular filter replacement in aftermarket segment propelling substantial sales year-over-year; implementation of fuel economy standards catalyze demand for synthetic filters in Asia Pacific
Albany NY, United States, May 17, 2022 (GLOBE NEWSWIRE) — Stricter implementation of fuel economy standards is propelling need for automotive filters with high performance and service life. The demand for cabin, oil, intake air, and oil filters has been rising in especially for passenger and light-duty vehicles. The global automotive filters market is projected to exceed US$ 26.08 Bn by 2031.
The increasing consumer awareness about the need for periodic replacement of filters is catalyzing revenue opportunities for numerous automotive filters manufacturers & suppliers. High average miles driven per year in several countries are expanding avenues for commercial automotive filter manufacturers.
Emphasis on the health risks of car inmates due to human exposure to particulate matter (PM) is invigorating installation