Europe Oil Filter Market

The Europe automotive industry is the well settled sector and highly competitive market with 40 companies offering their products in each of the automobile segment. Over the past few years there has been a slow-down in the economic progress across Europe which had a vital impact over the industrial sector of the region. However with the passage of time the automotive industry which shares the maximum industrial segment of the region has shown a substantial growth. The production of the vehicles is increasing steadily and is anticipated to grow at similar rate in the near future.

The Europe government has imposed stringent emission norms and environmental regulations. With the increasing CO2 emission in the environment by the automobiles, the regulated use of oil filters and its replacement at regular intervals has increased the market of oil filter in the region. Consumers are also inclined to environmental friendly means of transport thus replacement of oil filters is common at regular intervals giving aftermarket suppliers great opportunity to grow. With the continued research and development to make filters work better, low cost synthetic filters have been developed and are quite popular in the region making it a potential market for automakers to expand.

The Europe oil filter market is estimated to grow at a CAGR of 8.3% during the period of 2013 to 2018 and will reach a value of $74.09 million by 2018. Growing concern of the consumers about the emission leading to climatic change has triggered the regulated replacement of oil filters opening opportunities for after-market players to grow. The report Europe oil filter market covers the major countries of the region analyzing the market drivers, restraints and opportunities. Further the report is segmented based on the vehicle type (Passenger cars, LCVs & HCVs) and fuel type (Gasoline & Diesel). It also gives a technological overview introducing new technologies being used to develop the oil filters. The report includes the company profile of key market players in the field of oil filter market covering qualitative data providing a comprehensive review of major market winning imperatives and key burning issues in automotive Europe oil filter market.

Key question answered

• What are the market estimates and forecasts for the Europe oil filter market?
• What are the trends based on the key countries of the region?
• Identification of market dynamics and impact of the same on Europe oil filter market
• Analysis of recent developments, alliances, joint ventures, and mergers & acquisitions in the oil filter market

Audience for this report

• Manufacturer of Europe oil filter companies
• Suppliers for oil filter manufacturers
• Traders, distributors, and suppliers in the  Europe oil filter market
• Automobile associations
• Automotive industry as end user industry

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