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[English Market Research Report] Global Market for Automotive Filters

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The global automotive filter market grew from 22.57 billion USD in 2022 to 24.43 billion USD in 2023, with a CAGR of 8.2%. The Russia-Ukraine war has disrupted the potential for a global economic recovery from the COVID-19 pandemic, at least in the short term. This conflict between the two countries has led to economic sanctions against multiple nations, soaring commodity prices, and supply chain disruptions, causing inflation across goods and services and impacting many markets worldwide. The automotive filter market is expected to grow to 31.69 billion USD by 2027, with a CAGR of 6.7%.

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[English Market Research Report] Global Market for Automotive Filters

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The global automotive filter market reached 10.8 billion USD in 2022 and is projected to grow at a CAGR of 3.0% during the forecast period from 2023 to 2030, reaching 13.6 billion USD by 2030. The global automotive filter market is expected to undergo significant changes during the forecast period. With the increasing longevity of modern vehicles and improvements in the performance of the latest filters, the driving force of demand is shifting towards the aftermarket. This shift creates opportunities for third-party filter manufacturers to develop improved new products for consumers in the aftermarket.

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