Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Filter Type (Fuel Filter, Engine Oil Filter, Hydraulic Filter, Others), By Filter Media (Cellulose, Synthetic, Other Oil Filter), By Vehicle Type (Passenger Car, Commercial Vehicle), By Sales Channel (OEM, Aftermarket), By Fuel Type (Gasoline, Diesel) And Competitive Landscape
Product Code: ETC058282 | Publication Date: Feb 2021 | Updated Date: Dec 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Europe Oil Filter Market report thoroughly covers the market by filter type, filter media, vehicle type, sales channel, fuel type and countries. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Europe oil filter market was valued at USD 2.46 billion in 2024, and it is expected to reach USD 3.16 billion by 2030. This expansion is being driven by increased production and sales of passenger and commercial vehicles, which raises the demand for oil filters to maintain proper engine performance and maintenance.
The Europe oil filter market is characterized by a growing emphasis on efficient filtration systems to meet the demands of a dynamic automotive and industrial landscape. Increasing vehicle ownership rates, coupled with heightened awareness of proper maintenance practices, drive the need for advanced oil filters to enhance engine performance and durability. The market is also shaped by evolving technologies, such as the adoption of filtration systems compatible with electric and hybrid vehicles, showcasing the industry's adaptability to changing mobility trends.
According to 6Wresearch, Europe Oil Filter Market size is expected to grow at a significant CAGR of 4.8% during 2024-2030. The Europe oil filter market is witnessing steady growth, driven by the increasing awareness of vehicle maintenance and the rising adoption of advanced automotive technologies. The growing number of vehicles on the road, coupled with stricter emission regulations imposed by governments, has amplified the demand for efficient oil filtration systems. Additionally, the surge in electric and hybrid vehicle production has created new opportunities for innovative filter designs tailored to these vehicle types. Industrial applications, such as machinery and power generators, further contribute to the demand for reliable oil filtration solutions, boosting the Europe Oil Filter Market growth.
Despite these drivers, the market encounters notable challenges. The volatility of raw material prices poses a threat to manufacturing costs and final product pricing, affecting both manufacturers and consumers. The transition to electric vehicles, while presenting opportunities, also raises concerns about the reduced demand for traditional oil filters in internal combustion engines over the long term. Furthermore, the growing emphasis on sustainability pressures companies to develop eco-friendly and reusable oil filter options, necessitating significant investments in research and development. Balancing these challenges while addressing evolving consumer and regulatory demands will be key to navigating the Europe oil filter market effectively.
The shift to eco-friendly and sustainable products is a major trend in the Europe oil filter market. As consumer demand for ecologically friendly products grows, manufacturers are increasingly including recyclable plastics and biodegradable filter material into their filters. The incorporation of cutting-edge technologies, such electronic monitoring systems and smart sensors, into oil filters is another trend. By cutting downtime, saving expenses for car owners, and offering real-time data for predictive maintenance, these advances improve efficiency. The market is anticipated to develop with an emphasis on both high-tech and environmentally friendly solutions as sustainability and technical breakthroughs continue to gain popularity.
The Europe oil filter market provides both long-standing companies and newcomers substantial investment prospects. Manufacturers may be able to create niche markets by creating specific filters that are suited to the particular needs of electric vehicles when demand for them rises. Additionally, people can now more easily obtain car parts, including oil filters, online thanks to the growth of e-commerce platforms. Manufacturers now have a great chance to broaden their distribution networks and capitalize on the increased aftermarket demand for oil filters, which will ultimately boost their market share and revenue.
Mann+Hummel Group, Donaldson Company Inc., K&N Engineering Inc., Ahlstrom-Munksjö Oyj, MAHLE GmbH, and Sogefi SpA are a few of the leading companies in the Europe oil filter market. To satisfy the changing demands of the industry, these businesses are making significant investments in new product development, creating cutting-edge filtration technologies, and emphasizing sustainability. To improve their product offerings and increase their market share, they are also collaborating and establishing strategic alliances with automakers.
Strict laws have been put in place by governments throughout Europe to lower automobile emissions. In 2020, for instance, the European Commission established a goal to cut CO2 emissions from new cars by 37.5% by 2030 compared to 2021 levels. It is anticipated that these restrictions would increase demand for more effective oil filters, which enhance vehicle performance and lower emissions. As a result, businesses have the chance to innovate and create cutting-edge filtering technologies that meet legal requirements. As manufacturers concentrate on satisfying customer demand and regulatory requirements, this shift toward enhanced environmental performance offers substantial growth opportunities for companies in the European oil filter market.
The Europe oil filter market is expected to rise steadily due to rising demand for sustainable products and technological advances. In order to satisfy consumer and regulatory demands, producers are concentrating on eco-friendly materials and effective filtering systems as environmental concerns grow. But since electric cars don't need conventional oil filters, their popularity poses a problem. Manufacturers must adjust and broaden their product lines to meet the changing needs of the automobile industry in order to remain competitive. Notwithstanding these obstacles, the oil filter market in Europe has a bright future as long as it keeps innovating and adapting to the demands of the sector.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ravi Bhandari, Research Head, 6Wresearch, the gasoline segment has a larger market share than the diesel segment. This is explained by the rising demand for oil filters brought on by the growing sales of gasoline-powered passenger cars.
Germany is a major participant in the Europe oil filter market. Germany is positioned as a leading force in the region thanks to its robust automotive sector and high demand for effective filtration systems, which both greatly contribute to the market's growth.
The Europe Oil Filter market report provides a detailed analysis of the following market segments
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Oil Filter Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Oil Filter Market Revenues & Volume, 2020 & 2030F |
3.3 Europe Oil Filter Market - Industry Life Cycle |
3.4 Europe Oil Filter Market - Porter's Five Forces |
3.5 Europe Oil Filter Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Europe Oil Filter Market Revenues & Volume Share, By Filter Type, 2020 & 2030F |
3.7 Europe Oil Filter Market Revenues & Volume Share, By Filter Media, 2020 & 2030F |
3.8 Europe Oil Filter Market Revenues & Volume Share, By Vehicle Type, 2020 & 2030F |
3.9 Europe Oil Filter Market Revenues & Volume Share, By Sales Channel, 2020 & 2030F |
3.10 Europe Oil Filter Market Revenues & Volume Share, By Fuel Type, 2020 & 2030F |
4 Europe Oil Filter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Oil Filter Market Trends |
6 Europe Oil Filter Market, 2020 - 2030 |
6.1 Europe Oil Filter Market, Revenues & Volume, By Filter Type, 2020 - 2030 |
6.2 Europe Oil Filter Market, Revenues & Volume, By Filter Media, 2020 - 2030 |
6.3 Europe Oil Filter Market, Revenues & Volume, By Vehicle Type, 2020 - 2030 |
6.4 Europe Oil Filter Market, Revenues & Volume, By Sales Channel, 2020 - 2030 |
6.5 Europe Oil Filter Market, Revenues & Volume, By Fuel Type, 2020 - 2030 |
7 Germany Oil Filter Market, 2020 - 2030 |
7.1 Germany Oil Filter Market, Revenues & Volume, By Filter Type, 2020 - 2030 |
7.2 Germany Oil Filter Market, Revenues & Volume, By Filter Media, 2020 - 2030 |
7.3 Germany Oil Filter Market, Revenues & Volume, By Vehicle Type, 2020 - 2030 |
7.4 Germany Oil Filter Market, Revenues & Volume, By Sales Channel, 2020 - 2030 |
7.5 Germany Oil Filter Market, Revenues & Volume, By Fuel Type, 2020 - 2030 |
8 United Kingdom Oil Filter Market, 2020 - 2030 |
8.1 United Kingdom Oil Filter Market, Revenues & Volume, By Filter Type, 2020 - 2030 |
8.2 United Kingdom Oil Filter Market, Revenues & Volume, By Filter Media, 2020 - 2030 |
8.3 United Kingdom Oil Filter Market, Revenues & Volume, By Vehicle Type, 2020 - 2030 |
8.4 United Kingdom Oil Filter Market, Revenues & Volume, By Sales Channel, 2020 - 2030 |
8.5 United Kingdom Oil Filter Market, Revenues & Volume, By Fuel Type, 2020 - 2030 |
9 France Oil Filter Market, 2020 - 2030 |
9.1 France Oil Filter Market, Revenues & Volume, By Filter Type, 2020 - 2030 |
9.2 France Oil Filter Market, Revenues & Volume, By Filter Media, 2020 - 2030 |
9.3 France Oil Filter Market, Revenues & Volume, By Vehicle Type, 2020 - 2030 |
9.4 France Oil Filter Market, Revenues & Volume, By Sales Channel, 2020 - 2030 |
9.5 France Oil Filter Market, Revenues & Volume, By Fuel Type, 2020 - 2030 |
10 Italy Oil Filter Market, 2020 - 2030 |
10.1 Italy Oil Filter Market, Revenues & Volume, By Filter Type, 2020 - 2030 |
10.2 Italy Oil Filter Market, Revenues & Volume, By Filter Media, 2020 - 2030 |
10.3 Italy Oil Filter Market, Revenues & Volume, By Vehicle Type, 2020 - 2030 |
10.4 Italy Oil Filter Market, Revenues & Volume, By Sales Channel, 2020 - 2030 |
10.5 Italy Oil Filter Market, Revenues & Volume, By Fuel Type, 2020 - 2030 |
11 Russia Oil Filter Market, 2020 - 2030 |
11.1 Russia Oil Filter Market, Revenues & Volume, By Filter Type, 2020 - 2030 |
11.2 Russia Oil Filter Market, Revenues & Volume, By Filter Media, 2020 - 2030 |
11.3 Russia Oil Filter Market, Revenues & Volume, By Vehicle Type, 2020 - 2030 |
11.4 Russia Oil Filter Market, Revenues & Volume, By Sales Channel, 2020 - 2030 |
11.5 Russia Oil Filter Market, Revenues & Volume, By Fuel Type, 2020 - 2030 |
12 Spain Oil Filter Market, 2020 - 2030 |
12.1 Spain Oil Filter Market, Revenues & Volume, By Filter Type, 2020 - 2030 |
12.2 Spain Oil Filter Market, Revenues & Volume, By Filter Media, 2020 - 2030 |
12.3 Spain Oil Filter Market, Revenues & Volume, By Vehicle Type, 2020 - 2030 |
12.4 Spain Oil Filter Market, Revenues & Volume, By Sales Channel, 2020 - 2030 |
12.5 Spain Oil Filter Market, Revenues & Volume, By Fuel Type, 2020 - 2030 |
13 Rest of Europe Oil Filter Market, 2020 - 2030 |
13.1 Rest of Europe Oil Filter Market, Revenues & Volume, By Filter Type, 2020 - 2030 |
13.2 Rest of Europe Oil Filter Market, Revenues & Volume, By Filter Media, 2020 - 2030 |
13.3 Rest of Europe Oil Filter Market, Revenues & Volume, By Vehicle Type, 2020 - 2030 |
13.4 Rest of Europe Oil Filter Market, Revenues & Volume, By Sales Channel, 2020 - 2030 |
13.5 Rest of Europe Oil Filter Market, Revenues & Volume, By Fuel Type, 2020 - 2030 |
14 Europe Oil Filter Market Key Performance Indicators |
15 Europe Oil Filter Market - Opportunity Assessment |
15.1 Europe Oil Filter Market Opportunity Assessment, By Countries, 2020 & 2030F |
15.2 Europe Oil Filter Market Opportunity Assessment, By Filter Type, 2020 & 2030F |
15.3 Europe Oil Filter Market Opportunity Assessment, By Filter Media, 2020 & 2030F |
15.4 Europe Oil Filter Market Opportunity Assessment, By Vehicle Type, 2020 & 2030F |
15.5 Europe Oil Filter Market Opportunity Assessment, By Sales Channel, 2020 & 2030F |
15.6 Europe Oil Filter Market Opportunity Assessment, By Fuel Type, 2020 & 2030F |
16 Europe Oil Filter Market - Competitive Landscape |
16.1 Europe Oil Filter Market Revenue Share, By Companies, 2023 |
16.2 Europe Oil Filter Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |