The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per The Business Research Company’s Heavy Duty Road Filtration Aftermarket Global Market Report 2023, the heavy duty road filtration aftermarket market is expected to show significant growth in the forecast period.

Key insights from the heavy duty road filtration aftermarket market forecast include:

1. Market Size

The global heavy-duty road filtration aftermarket market is forecasted to increase from $3.04 billion in 2022 to $3.30 billion in 2023, demonstrating an 8.6% CAGR. By 2027, it is projected to reach $4.41 billion, reflecting a 7.5% CAGR.

2. Major Driver

The expanding construction industry significantly fuels the heavy-duty road filtration aftermarket market’s growth. Construction involves building, maintaining, and repairing infrastructure. Heavy-duty road filtration systems enhance the performance and longevity of construction vehicles by filtering dust and nitrogen oxides emissions. In May 2023, the United States Census Bureau reported a 3.8% rise in construction spending, increasing from $1,768.2 billion in March 2022 to $1,834.7 billion in March 2023. Additionally, housing unit starts in the US surged by 15.6% in 2021, from 1,379,600 in 2020 to an estimated 1,595,100 units, further propelling the heavy-duty road filtration aftermarket market.

View More On The Heavy Duty Road Filtration Aftermarket Market Report 2023 – https://www.thebusinessresearchcompany.com/report/heavy-duty-road-filtration-aftermarket-global-market-report

3. Key Trend

Product innovation is a prominent trend in the heavy-duty road filtration aftermarket market. Major companies are enhancing the efficiency and functionality of their heavy-duty road filtration products. In February 2021, Luber-finer, a US-based filtration solutions provider, introduced Finer-Flow, an advanced heavy-duty engine air filter. It employs precision-pleat technology for precise pleat separation, optimizing dirt-holding capacity and enhancing engine protection, all while maximizing airflow.

4. Major Players

Major players in the heavy duty road filtration aftermarket market are Denso Corporation, Parker Hannifin Corporation, MAHLE GmbH, Mann+Hummel Holding GmbH, Donaldson Company Inc., Pall Corporation, Filtration Group Corporation, Sogefi SpA, UFI Filters Group, Cummins Filtration Inc., Hengst SE & Co. KG, Clarcor Inc., Purolator Filters LLC, Baldwin Filters Inc., G.U.D. Holdings Inc., Fram Group Operations LLC, K&N Engineering Inc., Fleetlife Inc., Sure Filter, ACDelco, Nordic Air Filtration A/S, Luber-Finer Inc., Ryco Filters, ALCO Filters, Kleenoil USA Inc., Sakura Filters, Filvent (Pty) Ltd., Fumoto Engineering of America Inc., Afpro Filters GmbH, and Hastings Filters Inc.

5. Top Market Segments

The global heavy duty road filtration aftermarket market is segmented –

1) By Product: Oil, Air, Cabin, Fuel

2) By Application: Trucks And Buses, Construction, Mining, Agriculture

3) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket

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The Heavy Duty Road Filtration Aftermarket Global Market Report 2023  provides an in-depth analysis on the heavy duty road filtration aftermarket market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the heavy duty road filtration aftermarket market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –

Heavy Trucks Global Market Report 2023

Road Marking Materials Global Market Report 2023

Heavy Duty Engines Global Market Report 2023

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