Automotive Filters Market Expected to Reach $13.1 Billion by 2027
The automotive filters market is projected to reach USD 13.1 billion by 2027 from USD 11.1 billion in 2022, at a CAGR of 3.3%. The increase in demand for light commercial and heavy commercial vehicles, Rising government emission norms related to CO2 and NOx emission, and increased investment in infrastructure to boost the demand for heavy commercial vehicles and construction equipment, and hence,...
Automotive Filters Market Predicted to Hit $13.1 Billion by 2027
The automotive filters market is estimated to grow from USD 11.1 billion in 2022 to USD 13.1 billion by 2027, at a CAGR of 3.3%. The growth of the automotive filters market includes increasing stringency of vehicle emission & fuel economy regulations and the development of advanced filtration media, such as synthetic media for air filters and electrostatic material for cabin air filters. Further,...
Automotive Filters Market: An Outlook to the Future Global Opportunities
The global Automotive Filters Market in the pre-COVID scenario was projected to grow from USD 19.5 billion in 2021 to USD 23.1 billion by 2026, at a CAGR of 3.4%, during the forecast period. However, due to COVID-19, most of the countries have imposed a complete lockdown for almost more than two months, which, in turn, has impacted vehicle production. The automotive filters market is estimated to observe...