Oil Breather Tank Market

Oil Breather Tank Market Overview

According to the latest research from Future Market Insights, oil breather tank market is expected to grow steadily at a CAGR of 3%-5% between 2021 and 2031. The market would steadily rebound in the short term, with an optimistic long-term growth outlook. One of the factors driving the growth is the expansion of the automotive industry as a result of increasing population, infrastructure expansion, and suburban development.

What is Driving Demand for Oil Breather Tank?

Nearly every reciprocating engine has oil breather tanks, which prevent pressure from building up in the crankcase. When the engine heats up, the oil temperature rises to dangerously high levels, hot enough for small amounts to vaporize into the air. Oil breather tank, which are part of the accessory case, are mounted near the top of the engine to vent this heavy, rising air. Globally, increasing vehicle demand is propelling the global demand.

In the coming years, ongoing growth in the automotive industry, primarily due to accelerating demand for new passenger vehicles, is expected to generate strong demand for both diesel and gasoline engines. The automotive industry is one of the most well-known industries that invests heavily in research and development to improve engine performance and fuel efficiency.

As a result of the high sales of crankcase ventilation systems, the demand for oil breather tank is growing.

In the current scenario, rising per capita income and improving economic conditions are expected to have a positive effect on the automotive industry, which is expected to drive the demand. As automotive manufacturers become more conscious of the importance of maintaining a safe and green climate, the demand for oil breather tank is expected to rise.

US and Canada demand outlook of Oil Breather Tank

North America is the one of the world's largest producer of vehicles, with a strong presence of all key automotive manufacturers. US and Canada are the key automobile manufacturing countries. Due to the region's strict emission regulations, North America is expected to be one of the prominent market.

North America is expected to retain a large share of the global market due to the presence of key automotive original equipment manufacturers in the country. The COVID-19 crisis has taken a toll on the US and Canada, causing a decline in economic activity. In recent years, manufacturers have been steadily building a new customer base in the region. Demand is expected to rise as the North American automotive industry grows.

Nikhil Kaitwade

Principal Consultant

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Europe Oil Breather Tank Sales Outlook

With the increasing demand for gasoline engines from light trucks and passenger cars, the Europe oil breather tank market is expected to see increased demand for gasoline engines, hence providing sales opportunities for oil breather tank. UK is expected to enforce strict carbon emission and fuel efficiency regulations on car manufacturers as the production of petrol and gasoline engines becomes more widespread.

Who are the Key Manufacturers and Suppliers of Oil Breather Tank?

Some of the leading manufacturers and suppliers include

• Jegs High Performance
• Moroso Performance Products
• Aerospace Components
• Peterson Fluid Systems
• VPW
• Holley Performance Products Inc
• UPR Products.        

Product releases, product approvals, and other organic growth programs such as patents and activities are being prioritized by a number of manufacturers. Acquisitions, as well as partnerships and alliances, were seen as inorganic growth strategies in the industry. As a result of these activities, market leaders have been able to expand their marketplace and customer base.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.

The report also maps the qualitative impact of various market factors on market segments and geographies.

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Key Segments of Oil Breather Tank Market

By Inlet Size:

• 8 AN
• 10 AN
• 12 AN

By Capacity:

• 0.75 liter
• 1 liter
• 1.25 liter
• Above 1.25 Liter

By Vehicle Type:

• Passenger
• Commercial

By Region:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, Italy, France, U.K, Spain, Russia)
• South Asia and Pacific (India, ASEAN, Australia & New Zealand)
• East Asia (China , Japan, South Korea)
• Middle East and Africa (GCC Countries, South Africa, Northern Africa)