According to a new market report published by Transparency Market Research , “ Oil Filter Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026 ” is expected to reach US$ 5.3 Bn by 2026, expanding at a CAGR of 3% during the forecast period. The global oil filter market for automotive is projected to expand at a CAGR of 3% between 2018 and 2026, according to a new research report by Transparency Market Research (TMR). According to the report, the global market is likely to be influenced by a range of political, economic, social, technical, and industry-specific factors. Latin America is expected to witness rapid rise in demand for oil filters, with the market in the region anticipated to expand at a CAGR of 3% during the forecast period. Stringent carbon emission norms, leading to lowered carbon emission levels, are expected to propel the overall oil filter market for IC engine vehicles. China 5 standards for emission...