Market News
Recent Developments
New product launches
- Mann+Hummel: Mann+Hummel, a leading filtration company, launched a new line of oil filter elements called "ProVent" in 2021. The ProVent oil filter elements are designed specifically for heavy-duty off-road and commercial vehicle applications. They provide excellent filtration efficiency and extended service life to ensure optimal engine protection.
- Bosch: Bosch, a global automotive technology supplier, introduced the "Premium Oil Filters" range in 2021. These oil filter elements feature advanced filter media and innovative design to deliver superior filtration performance, reduce engine wear, and enhance overall engine performance.
- WIX Filters: WIX Filters, a prominent manufacturer of filtration products, launched the "XP" series of oil filter elements. The XP series incorporates advanced synthetic media and enhanced design features to provide exceptional filtration efficiency, high dirt-holding capacity, and extended service intervals.
Acquisition and partnerships
- Mahle's Acquisition of Delphi Technologies: In 2020, Mahle, a leading automotive parts manufacturer, completed the acquisition of Delphi Technologies, a global provider of advanced propulsion systems and aftermarket solutions. This acquisition expanded Mahle's product portfolio in the filtration segment, including oil filter elements, and strengthened its position in the market.
- MANN+HUMMEL's Partnership with Ford: MANN+HUMMEL, a filtration company, entered into a strategic partnership with Ford in 2020. The partnership aimed to develop advanced filtration solutions, including oil filter elements, for Ford's vehicles. This collaboration allows MANN+HUMMEL to leverage its expertise in filtration technology and work closely with Ford to meet their specific requirements.
- Cummins' Acquisition of Fleetguard: Cummins, a global power solutions provider, acquired Fleetguard, a leading manufacturer of filtration products, in 2018. This acquisition enabled Cummins to expand its filtration business and strengthen its presence in the oil filter elements market. It also allowed for synergies in product development and customer service.