In the world economic growth, the Cabin Air Filter industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Cabin Air Filter market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Cabin Air Filter market size will be further expanded, we expect that by 2024, The market size of the Cabin Air Filter will reach XXX million $.
A cabin air filter is a small pleated filter used in vehicles. It is made of multi-fiber paper cotton or other engineered materials. The filter traps the contaminants from outside air and prevent them from entering the inside of the vehicle.
Stringent government regulations for vehicle emission has led to high demand for cabin air filters from the automotive industry, which is expected to propel growth of the global cabin air filter market over the forecast period. For instance, in the U.S., the Environmental Protection Agency (EPA) regulates engine emissions under the Clean Air Act (CAA). Moreover, significant growth in the automotive sector in the near future is also expected to aid in growth of the market. For instance, according to European Automobile Manufacturers Association (ACEA), in 2018, the demand for commercial vehicles in the European Union (EU) increased by 3.2% compared to 2017 and 2.5 million commercial vehicles were registered across the EU in 2018.
Increasing concerns regarding environmental pollution caused by smoke emitted from vehicle exhausts is expected to fuel growth of the global cabin air filter market. For instance, according to Health Effects Institute estimates (provided by University of Texas at Austin), air pollution was the fifth leading risk factor for mortality worldwide in 2019. Moreover, increasing frequency of filter replacement in light commercial vehicles to maintain the performance efficiency of vehicles is also expected to boost growth of the market.
However, fluctuations in the price of raw materials due to supply-demand ratio imbalance and inventory pile-up of raw materials is expected to hinder growth of the global cabin air filter market.
Key players in the market are focused on launching new products to expand their product portfolio. For instance, in November 2019, WIX Filters, a manufacturer of filtration products, launched 93 new parts that include 29 light-duty parts, 23 heavy-duty parts, and 27 premium cabin air parts.
Key players in the market are also focused on launching promotional campaigns to increase their sales. For instance, in June 2019, Purolator announced to launch a promotion that will run from July 1 through August 31 across the U.S. and Canada that rewards customers for purchasing Purolator filtration products, in order to increase its sales.
Key Takeaways:
• Stringent government regulations for vehicle emission is expected to augment growth of the global cabin air filter market over the forecast period
• Increasing concerns regarding environmental pollution is expected to lead to high demand for cabin air filters
• Major players operating in the global cabin air filter market include, WIX Filters, Purolator, Mann-Hummel, Mahle, DENSO, Fram, Sogefi, Cummins, Freudenberg, UFI Group, Donaldson, Clarcor, BOSCH, ACDelco, APEC KOREA, Bengbu Jinwei, YBM, Zhejiang Universe Filter, Yonghua Group, Okyia Auto Technology, Guangzhou Yifeng, TORA Group, Bengbu Phoenix, DongGuan Shenglian Filter, Kenlee, and Foshan Dong Fan.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
* Mann-Hummel
* Mahle
* Wix
* DENSO
* Fram
* Sogefi
* Cummins
* Freudenberg
* UFI Group
* Donaldson
* Clarcor
* BOSCH
* ACDelco
* APEC KOREA
* Bengbu Jinwei
* YBM
* Zhejiang universe filter
* Yonghua group
* Okyia Auto Technology
* Guangzhou Yifeng
* TORA Group
* Bengbu Phoenix
* DongGuan Shenglian Filter
* Kenlee
* Foshan Dong Fan
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7): Type Segmentation
Product Type Segmentation:
--Regular cabin filter
--Active carbon cabin filter
Industry Segmentation:
--Passenger car
--Commercial vehicle
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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