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Oil filters are available in various types, depending on the requirement. Oil filters are anticipated to be high in demand as it is a critical part of an engine. When compared to fuel filters, oil filters need consistent up gradation.

Diesel filters are likely to act as a propelling factor to oil filter market. This is due to technological advancement in vehicles and production of ultra-low sulfur diesel.

Oil filter market is a consolidated one, where 39% of market share is contributed by Denso Corp., a Japan based company along with few regional players. Key players account for other 61% market share. Some of the pioneers in oil filter market are Affinia Group (U.S.), Mann+Hummel (Germany), Clarcor Inc. (U.S.), Fram/UCI (U.S.), Donaldson Co. Inc. (U.S.), Cummins Inc. (U.S.), Sogefi SpA (Italy), and Mahle GmbH (German).

Among all aforementioned companies, Mann+Hummel is leading in oil filter market. The company has wide supply and distribution network across Europe and other parts of world, when compared to its peers. Moreover, the company deals in both original equipment and aftermarket demand such as replacement. This is helping in strengthening foothold in the global oil filter market.

The company has a strong hold in research and development segment of oil filters.  Recently, the company launched an oil filter HU 1291 z. It belongs to the category of filter media. High efficiency of the filter helps in improving the filtration process, when compared to the conventional filter.  Moreover, the small size of the filter has reduced the installation space.

To further strengthen its presence in global market, Mann+Hummel is extending its automotive market in China and Thailand. These regions provide substantial potential for growth of oil filter market. Moreover, the company is setting up various testing centers to get a vivid idea of product’s performance in real time. This is helping the manufacturer to introduce consistent innovation in the market.

Oil filter elements are designed to remove contaminants from circulating oil, transmission oil, engine oil, and hydraulic oil in automobiles. The accumulation of particles in engine oils may increase friction during the piston movement and could affect the efficiency of the internal combustion engines. Clean oil ensures enhanced engine and turbine performances as it both lubricates and cools the engine. Oil filter elements provide constant purification and lubricate the moving parts of the engines by maintaining the oil at a required level. These elements aid the elongation of an engine’s life efficiency by effectively trapping the debris and dirt that harm internal engine parts such as cylinders and pistons. Oil filter elements possess a high dirt holding capacity – a property which is exploited with their incorporation into vehicles. Furthermore, oil production, transport, and recycling processes also depend on oil filter elements for proper functioning.

The recent surge in the total number of vehicles produced has been a major driver of the global oil filter elements market. The rapid expansion of the commercial and passenger vehicle industries is expected to amplify the need for oil filters over the next few years. Growing innovation along with rising demands for additional functions have spurred the oil filter elements market. The increasing amount of disposable income also plays a significant role. Tighter emission norms implemented by governments is another contributing factor currently creating a positive impact on the oil filter elements market. Other propellants include the escalating number of health disorders due to contaminated cabin air, a rising awareness about good quality air, and demands for pressure-stabilized, long-lasting, and high-performance engines.

In terms of the type of media used, the global oil filter element market is divided into the following categories: cellulose media, synthetic media, laminated media, and pure glass media. In addition, filter media can be designed to capture particles through two distinct methods, namely surface retention and depth retention. Based on filter type, the market is split into the primary, secondary (bypass), and combination segments. Oil filter elements can also be characterized with respect to the method used to filter the contaminants or the manner in which the oil flows through the housing. On the basis of material used, oil filter elements are available in spin on filter and filter cartridge varieties. The former can be installed inside the engine valve, while the latter has recently been introduced into the industry. Environmental oil filter elements are another segment – cost-effective and easy to replace.

The oil filter element market expanded rapidly in 2015 and is estimated to exhibit the same trend during the forecast period. It is distributed over Asia Pacific, Europe, North America, Latin America and Middle East & Africa. Asia Pacific is the key market for oil filter element systems because of the rapid industrialization and urbanization in the region. Europe is another important region in terms of usage of oil filter elements due to the technological advancements here. Rising demands for advanced and luxurious automobiles in the region make North America a prominent player in the global oil filter elements market, which is projected to expand to Latin America and the Middle East in the near future.

Key players in the market include MANN+HUMMEL, DENSO CORPORATION, Clarclor Inc, Tokyo Roki Co Ltd Lydall Inc, Syn Lube Incorporated, and Gud Holdings Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Oil Filter Elements Market