Freedonia study: North American automotive filter aftermarket to exceed $4 billion by 2021
CLEVELAND, OH, June 20, 2017-
Aftermarket demand for automotive filters in North America is forecast to advance 2.4% per annum through 2021 to US$4.1 billion. Sales will be boosted by:
Oil filters comprised the largest share of the North American automotive filter aftermarket in 2016, totaling US$1.6 billion in sales and representing 44% of the market. These products hold a leading share of the market due to the frequency with which oil changes are performed (and the associated filters replaced) as a part of routine maintenance. These and other trends are presented in Automotive Aftermarket for Filters in North America, a new study from The Freedonia Group, a Cleveland-based industry research firm.
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