Filters (Industrial and Automotive) Industry Analysis, Size, Trends and Future Scope

CITY, Country, 2019-Jul-23 — /EPR Network/ —The increasing population and urbanization in Asia-Pacific is expected to make it the global leader in global filters market by 2020. The increasing demand of bag and cartridge filters, mist collectors, and HEPA filters is expected to provide considerable growth opportunity for the global industrial filters market during the forecast period. The slowdown in passenger car sales in certain major automotive markets is obstructing the growth of the automotive filters market through original equipment manufacturer (OEM); however, the aftermarket sales have been offsetting the impact. The global market has witnessed consolidation during the recent past, which is reflected by several acquisitions taking place in the industry.

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With the increasing competition in the market, the filtration companies are modifying their product portfolio to include offerings that are more advanced. For instance, Pall Corporation launched a 5 nm asymmetric nylon filter for semiconductor lithography processes. It is targeted to reduce filter start-up and toll downtime, and minimize chemical waste. Cummins launched a lube filters with its polymeric nanotechnology-based synthetic media, Nanotech. The lube will be used in Cummins’ filter engines and will remove 98.7% of particles of dimension 12 microns. The introduction of products equipped with advanced technology is expected to positively impact the growth of the global filters market.

GLOBAL FILTERS MARKET BREAKDOWN

• By Segment – includes global market size of industrial and automotive filters.

• Industrial Filters, By Type – includes global market size of

o Liquid Filters – includes market size of Bag and cartridge filters, Hydraulic filters, and Strainers

o Air Filters – includes market size of Dust collectors, Mist collectors, HEPA Filters, Baghouse filters and Cartridge filters and collectors

• Automotive Filters

o By Type – includes global market size of fuel, oil and air filters

o By Product – includes global market size of intake and cabin filters

o By Distribution Channel – includes global market size of fuel, oil, and air filters through OEM and aftermarket

• By Geography – includes market size of North America, Europe, Asia-Pacific, and Rest of the World

GLOBAL FILTERS MARKET BREAKDOWN BY GEOGRAPHY

North America Filters Market

• By Country – U.S. and Canada

• By Segment

• Industrial Filters, By Type

• Automotive Filters – By Type, By Product and By Distribution Channel

Europe Filters Market

• By Country – Germany, U.K., Italy, France, Spain, Turkey and Sweden

• By Segment

• Industrial Filters, By Type

• Automotive Filters – By Type, By Product and By Distribution Channel

Asia-Pacific Filters Market

• By Country – China, Japan and India

• By Segment

• Industrial Filters, By Type

• Automotive Filters – By Type, By Product and By Distribution Channel

Rest of the World (RoW) Filters Market

• By Country – Brazil

• By Segment

• Industrial Filters, By Type

• Automotive Filters – By Type, By Product and By Distribution Channel

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The industrial production processes emit considerable amount of pollution in industrialized countries. The emission of harmful air pollutants, industrial wastewater discharge, and generation of other solid wastes are attracting the attention of regulatory authorities across the globe. This has led to several directives that require control of industrial pollution, which is consequently driving the growth of the global industrial filters market. The Industrial Emission Directive (IED) in Europe through Best Available Techniques (BAT) targets to limit industrial pollution in the region. The industries in the region are required to operate with a permit, based on industrial installations. The environmental inspection for industries is also mandatory in the region.

The global filters market is consolidating with large numbers of mergers and acquisitions taking place. The year 2015 witnessed the announcement and completion of four acquisitions, out of which, three belonged to MANN+HUMMEL. The key competitors in the global filters market include MANN+HUMMEL, Affinia Group Inc., Cummins Inc., CLARCOR Inc., Donaldson Company Inc., Pall Corporation, Parker Hannifin Corporation, and Eaton Corporation Plc.

 

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