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Get detailed insights regarding the impact of COVID-19 on the market.
The global oil filter market was valued at US$ 3.2 Billion in 2021.
We expect the global oil filter market to exhibit a CAGR of 5.8% during 2022-2027.
The expanding automotive industry, along with the rising need for vehicle safety and enhancing the
overall performance of the engine, is currently driving the global oil filter market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary closure of numerous
manufacturing units for oil filters.
Based on the end-use, the global oil filter market has been segmented into passenger cars,
commercial vehicles, two-wheelers, and others. Among these, passenger cars currently represent
the largest market share.
Based on the fuel type, the global oil filter market can be bifurcated into gasoline and diesel.
Currently, gasoline accounts for the majority of the total market share.
On a regional level, the market has been classified into Asia Pacific, North America, Europe, Middle
East and Africa, and Latin America, where Asia Pacific currently dominates the global market.
Some of the major players in the global oil filter market include Ahlstrom-Munksjö Oyj, CLARCOR
Inc., DENSO Corporation, MAHLE GmbH, and MANN+HUMMEL International GmbH & Co. KG.
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