According to Stratistics MRC, the Global Automotive Filters Market is accounted for $6.42 billion in 2016 and is expected to reach $12.10 billion by 2023 growing at a CAGR of 9.4% during the forecast period.
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Expanding vehicular outflow directions, worldwide increment in vehicle production and greater replacement rate are the key factors propelling the market growth. However, introduction of electric vehicles is the major restraint hindering the market growth
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