What is Metal Free Oil Filters?
Metal-free oil filters are manufactured from raw materials such as durable paper media, rustproof metal, long-lasting plastic, and rubber sealants along with strict quality control inspections before the manufacturing process. The United States metal free oil filters market is expected to grow at a moderate pace during the forecast period, according to the AMA study. The rising commercial vehicle production across the United States and increasing demand from the aftermarket are expected to be some of the major factors aiding the growth of the market. However, the market is expected to witness a decline in growth during FY 2020 but it is again expected to rise at a healthy pace after the COVID-19 pandemic is over.
The market study is broken down by Type (Full-Flow Oil Filter, Secondary Oil Filter, Cartridge Oil Filter, Spin-On Oil Filter, Spinner Oil Filter and Magnetic Oil Filter), by Application (Passenger Vehicles and Commercial Vehicles {LCV, MCV, HCV}) and major geographies with country level break-up.
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the market. According to the recent global industry crisis in the Fy 2020 due to the outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries had been shut down for a long period of time which had been resumed in FY 2021 later. Analysts at AMA Research estimates that Vendors from United States will contribute to the maximum growth of Global Metal Free Oil Filters market throughout the predicted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ACDelco (United States), Bengbu Phoenix International Co., Ltd. (China), Briggs & Stratton, LLC (United States), Calumet Branded Products, LLC (United States), Denso (Japan), Exxon Mobil Corporation (United States), Ford Motor Company (United States), FIRST BRANDS GROUP LLC (United States), GAUBB GROUP (China), K&N Engineering, Inc. (United States), MAHLE GmbH (Germany), Mann+Hummel (Germany), Robert Bosch GmbH (Germany), Sogefi SpA (Italy), Solberg Manufacturing, Inc. (United States), The Detroit Automobile Company (United States), The Freudenberg Group (Germany), Toyota Corporation (Japan), UFI Filters (Italy), Valeo Service (France) and Zhejiang Universe Filter Co., Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Metal Free Oil Filters market by Type, Application and Region.
On the basis of geography, the market of Metal Free Oil Filters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Users, the sub-segment i.e. OEMs will boost the Metal Free Oil Filters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. In-Line will boost the Metal Free Oil Filters market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In June 2020, FIRST BRANDS GROUP LLC announced that it has launched its new innovative FRAM Titanium and FRAM Force Oil Filters which are are the latest filter technologies in a long line of oil, air, and cabin air filtration products available for vehicle service professionals.
Stringent Government Regulations Regarding the Environmental Emissions from Automobiles is Impacting the Market Across the United States
Market Trend
- The Growing Demand for Lightweight Oil Filter Components Across the Automotive Industry
Market Drivers
- The Rising Demand for Commercial Vehicle Production Across the United States
- The Increasing Demand from Automotive Aftermarket
Opportunities
- The Rising Sales of Commercial Vehicles Owing to High Demand from Transportation & Logistics Sector Across the United States is Expected to Generate Huge Opportunities for Market Vendors During the Forecast Period
Restraints
- Fluctuations in Raw Materials Prices
Challenges
- Increasing Demand for Electric Vehicles is Becoming One of the Major Challenges for Metal-Free Oil Filter Manufacturers Due to Rising Electrification Across the Automobile Sector in the United States
Analyst View
Since the COVID-19 virus outbreak in December 2019, the disease has spread to more than 200 countries across the world along with the World Health Organization declaring it a public health emergency. The impact of the COVID-19 has already hit many industries and will affect the United States metal free oil filters market in FY 2020. The outbreak of COVID-19 has brought effects on many aspects, like scheduled public transportation cancellations; downfall in the real estate sector; travel bans and quarantines; closed operations across hotels & restaurants; banning of public gatherings & events; large slow-down in the supply chain of different markets; stock market unpredictability; declining business assurance, and uncertainty in the future market dynamics.
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.