Market Research Reports : Hexa Research Automotive Air Filters Market Report 2012 to 2020
Hexa Research
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Automotive Air Filters Market Share, Size, Analysis, Growth,
Trends and Forecasts, 2012 to 2020 | Hexa Research
Automotive air filters market is likely to cross over USD 6 billion by the end of
2020.According to the new research report by Hexa Research, The growing demand of
automotive industry, especially in nations like BRIC, with growth in industrialization and
increase in disposable income to remain a key driving factor in the global market. Rising
consumer awareness regarding health disorders that are caused due to contaminated air
the car cabin is also estimated to have a positive influence on industry. Global automotive
air filters segment was dominated by Cabin filters which contributed for over 50% of total
market revenue in 2013.These product segment are expected to be the fastest growing
product segment at an approximate CAGR over 8.5% from 2015 to 2020.Consumers’s focus
towards the reducing the bad odor and reducing the health disorders caused by air
pollutants inside the vehicles is estimated to increase demand for cabin filters over the
forecast period.
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