Asia Pacific Automotive Air Filters Market Size, Share, and COVID-19 Impact Analysis, By Vehicle Type (Light Commercial Vehicles, Passenger Cars, and Heavy Commercial Vehicle), By Product Type (Air Intake Filters and Cabin Air Filters), By End-user (Aftermarket and OEM), and Asia Pacific (China, Japan, India, Rest of APAC), Automotive Air Filters Market Insights, Industry Trend, Forecasts to 2033

Asia Pacific Automotive Air Filters Market Insights Forecasts to 2033

• The Asia Pacific Automotive Air Filters Market Size was estimated at USD 2548.71 Million in 2023.
• The Market is Growing at a CAGR of 6.57% from 2023 to 2033
• The Asia Pacific Automotive Air Filters Market Size is Expected to Reach USD 4817.11 Million by 2033

The Asia Pacific Automotive Air Filters Market is anticipated to reach USD 4817.11 Million by 2033, growing at a CAGR of 6.57% from 2023 to 2033.

Market Overview

The industry that produces, distributes, and sells air filters made especially for cars in the Asia Pacific area is referred to as the Asia Pacific automotive air filter market.  By removing dust, pollen, and other impurities, these filters are crucial for preserving the purity of the air within the car and guaranteeing that the engine works correctly. The need for air filters will rise in nations such as China, South Korea, and India as car sales rise. The region's automotive air filter sales will rise along with the passenger car market's growing trend. Additionally, the Asia Pacific automotive air filters market is expanding due to growing awareness of increased fuel economy, the significance of updating air filters for passenger comfort, and efficient vehicle performance. The market expansion for automotive air filters in the area will be fueled by the notable increase in Foreign Direct Investment (FDI) in the automotive industry in nations like China, Japan, etc.

Report Coverage

This research report categorizes the market for the Asia Pacific automotive air filters market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Asia Pacific automotive air filters market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Asia Pacific automotive air filters market.

Driving Factors

The growing automotive sector is one of the primary drivers of the market expansion for automotive air filters, especially the demand for cabin filters at the moment. As more vehicle owners become aware of the importance of air filters in preserving clean air and keeping dirt out of passenger cabins, the demand for cabin air filters is expanding. The market for car air filters is also anticipated to grow as a result of emerging filter trends, such as brake dust filters and transmission filters for automated transmission systems. In addition, as local manufacturing skills, aftermarket services, and technological know-how increased, domestic Chinese brands became a major export market. As a result, the implementation of these filters throughout the area will proceed more quickly.

Restraining Factors

Higher-end air filters with superior filtering and longer lifespans are frequently more costly.  For consumers who are price-conscious and smaller automobile manufacturers, this could be an obstacle. The cost of raw materials like paper, cotton, and synthetic fibers that are used to make air filters might fluctuate. The total cost of production and, in turn, market pricing may be impacted by this.

Market Segmentation

The Asia Pacific automotive air filters market share is classified into vehicle type, product type, and end-user.

• The passenger cars segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the vehicle type, the Asia Pacific automotive air filters market is divided into light commercial vehicles, passenger cars, and heavy commercial vehicle. Among these, the passenger cars segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. This is primarily because of the number of passenger automobiles sold in nations like South Korea, China, and India.  A major factor in this segment's domination has been the growing demand for passenger automobiles brought on by urbanization and increased disposable incomes.

• The cabin air filters segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the product type, the Asia Pacific automotive air filters market is divided into air intake filters and cabin air filters. Among these, the cabin air filters segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period. This is because people are becoming more conscious of the quality of the air as well as how important it is to keep the interior of cars clean and healthy. Cabin air filters are a popular option for customers because they help remove dust, pollen, and other pollutants from the air inside the car.

• The OEM segment accounted for the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected period.

Based on the end-user, the Asia Pacific automotive air filters market is divided into aftermarket and OEM. Among these, the OEM segment accounted for the highest share in 2023 and is anticipated to grow at a significant CAGR during the projected period. This segment is expanded because the demand for OEM air filters is driven by the region's strong concentration of major automakers and the growing number of vehicles produced.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Asia Pacific automotive air filters market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Denso Corporation
• FILONG Automotive Group Limited
• Donaldson Company, Inc.
• HEBEI XUE YUAN FILTER CO.,LTD
• Fonho
• Aiko
• ELOFIC INDUSTRIES LIMITED
• Zenith Filters
• Kotobuki Factory Co., Ltd (JDA)
• WAKO FILTER TECHNOLOGY Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In August 2021, Freudenberg and Honda Cars collaborated to introduce a new antiviral cabin air filter as an authorized car accessory in India. To protect the driver and passengers, the new air filter is made to eliminate dangerous bacteria, contaminants, and viruses from the car.

Market Segment

This study forecasts revenue at Asia Pacific, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Asia Pacific automotive air filters market based on the below-mentioned segments:

Asia Pacific Automotive Air Filters Market, By Vehicle Type

• Light Commercial Vehicles
• Passenger Cars
• Heavy Commercial Vehicle

Asia Pacific Automotive Air Filters Market, By Product Type

• Air Intake Filters
• Cabin Air Filters

Asia Pacific Automotive Air Filters Market, By End-user

• Aftermarket
• OEM