Filter Market size was valued at US $ 73.68 Bn. in 2021 and the total revenue is expected to grow at 4.7% through 2022 to 2029, the Filtermarket is reaching nearly US $ 106.40 Bn. in 2029.Filter Market Overview:
Filters are used to remove pollutants like dirt, rust, and paint chips from oil, fuel, and air, increasing machine efficiency and lowering emissions. The market is expected to develop because of the rising demand for vehicles that runs on various fuels. Furthermore, rising levels of air pollution and global warming are drawing the attention of governments and policymakers all over the world, resulting in strict emission standards. As a result of the strict emission regulations, the market will rise over the forecast period. China will adopt China 6 emission standards in July 2021, which are based on the US and Euro 6 emission standards. Furthermore, rising demand for vehicle filters in BRICS countries, as well as the growing popularity of smaller, more efficient filters, are expected to drive market expansion in the future years. However, firms' failure to meet the increased demand for low-cost filters with longer service lives is expected to stymie the global filter market's expansion over the forecast period.To know about the Research Methodology :- Request Free Sample Report The report has covered the market trends from 2016 to forecast the market through 2029. 2021 is considered a base year. Special attention is given to 2021 and effect of lockdown on the demand and supply, and also the impact of lockdown for next two years on the market. Some companies have done well in lockdown also and specific strategic analysis of those companies is done in the report.
Filter Market Dynamics:
The increased emphasis on reducing emissions from automotive and industrial applications is expected to fuel market expansion. Increased product application in a variety of consumer goods, including air purifiers and water purifiers, is expected to drive market growth. The rapidly increasing usage of air purifiers to destroy hazardous germs such as bacteria and viruses in homes, hotels, restaurants, airlines, and train compartments is likely to create new market opportunities. With the government's emphasis on water treatment programs for the building of water treatment facilities, the global market is expected to grow. This is due to issues such as a lack of safe drinking water, population growth, and contamination of ground and surface water sources. The market is likely to be driven by the global automotive industry's growth, which is predicted to be fuelled by factors such as rising population and disposable income, particularly in developing countries including Asia Pacific, the Middle East and Africa, and Central and South America. Filters are used in the automotive industry for a variety of purposes, including oil intake, cabin air filtration, and emission filtration. A filter's essential component is the filter medium. It's utilized to catch any alien or undesired particles. Depending on the application, it is mostly composed of cellulose, synthetic, glass fiber, and activated carbon. In the coming years, advancements in filter media types or technology will provide tremendous potential for vehicle filter makers. Cabin filters are currently available to prevent dust particles from entering the car. Most dust filters capture 100 percent of particles 3 microns and larger, and 95–99 percent of particles 1–3 microns in size. Dust and odour filters, on the other hand, will have a mainstream market in the coming years.Global Filter Market Segments:
The Filter market is sub-segmented into by Type and End-user industry. Based on Type, the market is sub-segmented into ICE filters, Air filters, and Fluid filters. With the rise of the vehicle industry, ICE filters lead the market and accounted for more than 40.0 % of worldwide revenue in 2021. In order to improve fuel efficiency, ICE filters are widely used in automobiles. The introduction of environmental rules to regulate the discharge of hazardous pollutants, such as the Kyoto Protocol, Euro 5, and Euro 6, is predicted to promote category growth. Government investments in the development of water treatment plants to supply clean water for various residential, commercial, and industrial purposes are likely to drive the fluid filters market. Fluid filters are also predicted to expand in popularity due to their widespread use in a range of applications, including cold sterilization of beverages and pharmaceuticals, petroleum refining, and dairy processing. With the increased government attention on reducing pollutants from vehicle emissions around the world, air filters are predicted to expand at the quickest rate of 6.1 percent from 2021 to 2029. Furthermore, the growing popularity of air purifiers is likely to boost demand for cabin air filters, which remove pollen and allergens from the air in homes, businesses, planes, and railway compartments. Based on Application, the market is sub-segmented into Motor vehicle and Consumer goods. Increased automotive manufacturing, mainly in countries such as China, Indonesia, South Korea, Japan, Malaysia, and Taiwan, motor vehicles led the market and accounted for more than 47.0 % of worldwide revenue in 2021. Furthermore, strict rules on the lowering of automotive pollution levels by agencies such as the United States Environmental Protection Agency and the Department of Energy are likely to increase filter usage, driving product demand. Filtration equipment's use in a variety of consumer goods, including water filters, air purifiers, and air conditioners, is likely to drive market expansion in the future years. In addition, the consumer goods segment is likely to be driven by the manufacture of portable air purifiers by various businesses such as Dyson, Philips, and Molekule.Filter Market Regional Insights:
With rapid industrialization trends and tight regulations by various governments to safeguard environmental quality, Asia Pacific dominated the market and accounted for over 42.0 % of worldwide revenue in 2021. The use of air filtration and water filtering procedures is expected to increase as atmospheric pollution levels rise and environmental concerns grow, accelerating growth. The increased use of air filtration equipment in numerous industries, such as cement, chemicals, and metallurgy, is driving product demand in Europe, according to regulations given out by several authorities, such as the European Commission's International Plant Protection Convention (IPPC). Furthermore, the regional market is likely to be driven by an increase in the adoption of air purifiers in numerous nations, including Germany, France, Italy, and Spain. From 2021 to 2029, North America is predicted to grow at a CAGR of 3.8 %. This is due to the presence of major manufacturers such as Ford, General Motors, Fiat Chrysler, Kia, BMW, and Mercedes-Benz in the region, which has increased vehicle manufacturing levels. Furthermore, technical advances such as the use of nanotechnology in the filtering process are expected to increase product demand in the region. The objective of the report is to present a comprehensive analysis of the global FILTER market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global FILTER market dynamics, structure by analyzing the market segments and projecting the global FILTER market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global FILTER market make the report investor’s guide.Filter Market Scope: Inquire before buying
Filter Market Report Coverage Details Base Year: 2021 Forecast Period: 2021-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 73.68 Bn. Forecast Period 2021 to 2029 CAGR: 4.7 % Market Size in 2029: US $ 106.40 Bn. Segments Covered: by Type • ICE Filters • Air Filters • Fluid Filters by End-Use Industry • Motor Vehicles • Consumer Goods Filter Market by Region
• North America • Europe • Asia Pacific • The Middle East and Africa • South AmericaFilter Market key player
• 3M • Airex Filter Corporation • Koch Filter • Freudenberg Filtration Technologies SE & Co. KG • Donaldson Company, Inc. • Camfil AB • Parker Hannifin Corporation • DENSO Corporation • Clark Air Systems • Spectrum Filtration Pvt. Ltd. • Danaher • Alfa Laval • Eaton • Parker Hannifin • Others Frequently Asked Questions: 1. Which region has the largest share in Global Filter Market? Ans: Asia Pacific region held the highest share in 2021. 2. What is the growth rate of Global Filter Market? Ans: The Global Filter Market is growing at a CAGR of 4.7% during forecasting period 2022-2029. 3. What is scope of the Global Filter market report? Ans: Global Filter Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Filter market? Ans: The important key players in the Global Filter Market are – 3M, Airex Filter Corporation, Koch Filter, Freudenberg Filtration Technologies SE & Co. KG, Donaldson Company, Inc., Camfil AB, Parker Hannifin Corporation, DENSO Corporation, Clark Air Systems, Spectrum Filtration Pvt. Ltd., Danaher, Alfa Laval, Eaton, Parker Hannifin, and Others 5. What is the study period of this market? Ans: The Global Filter Market is studied from 2021 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Filters Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2021 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Filters Market 3.4. Geographical Snapshot of the Filters Market, By Manufacturer share 4. Global Filters Market Overview, 2021-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Type 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Filters Market 5. Supply Side and Demand Side Indicators 6. Global Filters Market Analysis and Forecast, 2021-2029 6.1. Global Filters Market Size & Y-o-Y Growth Analysis. 7. Global Filters Market Analysis and Forecasts, 2021-2029 7.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 7.1.1. ICE Filters 7.1.2. Air Filters 7.1.3. Fluid Filters 7.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 7.2.1. Motor Vehicles 7.2.2. Consumer Goods 8. Global Filters Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2021-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Filters Market Analysis and Forecasts, 2021-2029 9.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 9.1.1. ICE Filters 9.1.2. Air Filters 9.1.3. Fluid Filters 9.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 9.2.1. Motor Vehicles 9.2.2. Consumer Goods 10. North America Filters Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Filters Market Analysis and Forecasts, 2021-2029 11.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 11.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 12. Canada Filters Market Analysis and Forecasts, 2021-2029 12.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 12.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 13. Mexico Filters Market Analysis and Forecasts, 2021-2029 13.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 13.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 14. Europe Filters Market Analysis and Forecasts, 2021-2029 14.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 14.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 15. Europe Filters Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Filters Market Analysis and Forecasts, 2021-2029 16.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 16.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 17. France Filters Market Analysis and Forecasts, 2021-2029 17.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 17.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 18. Germany Filters Market Analysis and Forecasts, 2021-2029 18.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 18.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 19. Italy Filters Market Analysis and Forecasts, 2021-2029 19.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 19.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 20. Spain Filters Market Analysis and Forecasts, 2021-2029 20.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 20.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 21. Sweden Filters Market Analysis and Forecasts, 2021-2029 21.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 21.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 22. CIS Countries Filters Market Analysis and Forecasts, 2021-2029 22.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 22.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 23. Rest of Europe Filters Market Analysis and Forecasts, 2021-2029 23.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 23.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 24. Asia Pacific Filters Market Analysis and Forecasts, 2021-2029 24.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 24.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 25. Asia Pacific Filters Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2021-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Filters Market Analysis and Forecasts, 2021-2029 26.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 26.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 27. India Filters Market Analysis and Forecasts, 2021-2029 27.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 27.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 28. Japan Filters Market Analysis and Forecasts, 2021-2029 28.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 28.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 29. South Korea Filters Market Analysis and Forecasts, 2021-2029 29.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 29.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 30. Australia Filters Market Analysis and Forecasts, 2021-2029 30.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 30.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 31. ASEAN Filters Market Analysis and Forecasts, 2021-2029 31.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 31.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 32. Rest of Asia Pacific Filters Market Analysis and Forecasts, 2021-2029 32.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 32.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 33. Middle East Africa Filters Market Analysis and Forecasts, 2021-2029 33.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 33.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 34. Middle East Africa Filters Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Filters Market Analysis and Forecasts, 2021-2029 35.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 35.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 36. GCC Countries Filters Market Analysis and Forecasts, 2021-2029 36.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 36.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 37. Egypt Filters Market Analysis and Forecasts, 2021-2029 37.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 37.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 38. Nigeria Filters Market Analysis and Forecasts, 2021-2029 38.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 38.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 39. Rest of ME&A Filters Market Analysis and Forecasts, 2021-2029 39.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 39.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 40. South America Filters Market Analysis and Forecasts, 2021-2029 40.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 40.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 41. South America Filters Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2021-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Filters Market Analysis and Forecasts, 2021-2029 42.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 42.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 43. Argentina Filters Market Analysis and Forecasts, 2021-2029 43.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 43.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 44. Rest of South America Filters Market Analysis and Forecasts, 2021-2029 44.1. Market Size (Value) Estimates & Forecast By Type, 2021-2029 44.2. Market Size (Value) Estimates & Forecast By End-Use Industry, 2021-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Filters Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, End-Use Industries and R&D Investment 45.2.2. New Type Launches and Type Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals[ 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. 3M 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Type Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Airex Filter Corporation 45.3.3. Koch Filter 45.3.4. Freudenberg Filtration Technologies SE & Co. KG 45.3.5. Donaldson Company, Inc. 45.3.6. Camfil AB 45.3.7. Parker Hannifin Corporation 45.3.8. DENSO Corporation 45.3.9. Clark Air Systems 45.3.10. Spectrum Filtration Pvt. Ltd. 45.3.11. Danaher 45.3.12. Alfa Laval 45.3.13. Eaton 45.3.14. Parker Hannifin 45.3.15. Other Key Players 46. Primary Key Insights