Hydrocarbon Absorption Filters Market for Automotive Introduction
Hydrocarbon absorption filters for automotive are used to remove hydrocarbons from the oil and gas in the vehicle by employing advanced polymer material. The polymer used as material for the filters chemically binds and absorbs the molecule of hydrocarbon. Another process by which the hydrocarbon is removed from the fluid is absorption of the molecule through the surface of the material onto the filtration medium. The smart filtration technology absorbs pollutants too efficiently with the molecules of hydrocarbon.
Hydrocarbon absorption filters market for Automotive – Competitive Landscape
Key players having global and regional presence in the market for hydrocarbon absorption filters market for automotive include Racor, FTC Houston, AKHELEC, National Oilwell Varco, Capture Green, GEI Works, Clean Flow Filter Solution, Parker, TIGG, Albarrie, Koshin Kogaku Co., Ltd., MANN+HUMMEL GmbH, Sogefi SpA, Robert Bosch GmbH, and K&N Engineering. Advancements in materials and continuous development in the technology and processes are likely to improve the overall quality of filters, which in turn is estimated to boost the lifespan of filters.
On March 04, 2019, Sogefi SpA launched its new cabin air filter at Automechanika Frankfurt. It is expected to be available for order through the aftermarket brands Tecnocar, Purfluxand, FRAM.
On September 19, 2018, MANN+HUMMEL GmbH introduced the WAVELOCK spin-on filter concept at Hannover. Easy, quick, and clean servicing can be achieved by this innovation. Key purpose of this development is for off-road applications. A major part of the concept is a bayonet lock that firmly links the head of the filter to the spin-on filter.
On September 19, 2018, the Company also showcased Plastic-aluminum hybrid design for highly stressed liquid filter modules. The application is limited for thermally and mechanically highly stressed components.
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Hydrocarbon Absorption Filters Market for Automotive: Dynamics
Increasing emission standards
Emission standards are a set of quantitative limits on the permissible amount of air pollutants that may be released from vehicles over a limited time frame. These standards are designed to achieve air quality standards and to protect human health. Rising concerns about the environment due to emission of harmful gases, such as CO2, has resulted in stringent air emission norms globally. In April 2017, the Government of India implemented BS IV norms across the country, in a phased manner. The BS V emission norms are expected to be implemented in 2020/2021. BS VI would be implemented from 2020, instead of 2024, skipping the BS V due to significant rise in pollution in major cities of the country.
Increasingly stringent regulations are likely to drive the vehicle market. Companies operating in the automotive filter market are anticipated to invest heavily in research & development to develop new and technologically advanced filters. This, in turn, is anticipated to propel the hydrocarbon absorption filters market for automotive during the forecast period.
Increasing production of vehicles
Since the economic crisis of 2009, production of vehicles has been rising consistently in developed countries such as the U. S. and China. Countries in Latin America such as Brazil and Argentina have been witnessing a recovery from political and economic disturbances since 2014. This is estimated to boost the market for vehicles and consequently, the hydrocarbon absorption filters market for automotive owing to a rise in the production of the vehicles, which in turn is anticipated to drive the demand for hydrocarbon absorption filters.
Rising concern about health of the vehicle
The health of the engine needs to be maintained periodically to increase the life of the vehicle. Consequently, continuous lubrication is required to prevent corrosion of the transmission system, engine components, and braking system owing to regular friction. Moreover, components need to be cooled, as excess heat can cause a major issue in the engine. Increased vehicle production across the globe for various applications is fueling the global hydrocarbon absorption filters market for automotive.
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Hydrocarbon Absorption Filters Market for Automotive Segmentation
Based on type, the hydrocarbon absorption filters market for automotive can be segmented into:
- Water Absorption Filter
- Gas Absorption Filter
Based on material, the hydrocarbon absorption filters market for automotive can be classified into:
Based on vehicle type, the hydrocarbon absorption filters market for automotive can be segregated into:
- Passenger Vehicle
- Commercial Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Off-road Vehicle
The report on hydrocarbon absorption filters market for automotive is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The hydrocarbon absorption filters market for automotive report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The hydrocarbon absorption filters market for automotive report also maps the qualitative impact of various market factors on market segments and geographies.
Regional analysis for global hydrocarbon absorption filters market for automotive includes:
- North America
- Latin America
- Asia Pacific
- Middle East & Africa
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
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