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Filters Industry Research Set to Witness Rapid Growth by 2030

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Nayara Rajput
Filters Industry Research Set to Witness Rapid Growth by 2030

Filters Industry Data Book | Forecast 2030

 

Filters Industry Data Book - Mobil & Engine Filters, Hydraulic & Lube Filters, Process Filters, Industrial Air Filters, North America HVAC Filters, Air Pollution Control System, Compressed Air Dryers and Compressed Air Filters Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030

 

Grand View Research’s filters industry data book is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research. 

 

Access the Global Filters Industry Data Book, 2023 to 2030, compiled with details like market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies.

 

Air Pollution Control Systems Market Report Highlights

 

The global air pollution control systems market size is expected to be valued at USD 98.17 billion by 2025, per a new report by Grand View Research, Inc., registering a 5.0% CAGR during the forecast period.

  • The U.S. air pollution control systems market is predicted to exhibit a CAGR of 3.9% over the forecast period. Beneficial government regulations, coupled with economic and financial benefits offered for controlling the pollution, are expected to encourage industry growth in the regional market
  • The U.K. market was valued at USD 3.6 billion in 2017. The Department for Environment, Food, and Rural Affairs (DEFRA) is entrusted with the responsibility of regulating and monitoring levels of particulate matter and other harmful gases in the air. According to a 2017 report by the Royal College of Physicians and the Lancet Countdown on Health and Climate Change, 44 cities in the country have reported air quality below the recommended World Health Organization guidelines
  • China is among the largest markets in the Asia Pacific region, owing to growing industrial and mining activities in the region. In 2016, the country’s Ministry of Environmental Protection stated that 84 out of 338 prefecture-level cities had accomplished the national air quality standard.

 

Filters Market Report Highlights

 

The global filters market size is expected to reach USD 112.87 billion by 2030, registering a CAGR of 5.1% over the forecast period, according to a new report by Grand View Research, Inc. 

  • The air filters segment is expected to witness the fastest growth rate from 2022 to 2030 on account of the high product demand in air filtration devices, such as air purifiers
  • The motor vehicles application segment dominated the market in 2021 and is expected to reach remain dominant throughout the forecast period
  • This growth can be credited to the rapid growth in the automobile industry and wide product usage for the reduction in fuel consumption levels
  • Asia Pacific is estimated to witness the fastest CAGR from 2022 to 2030 owing to the growing product demand in industries, such as chemicals, power generation, metal processing, and cement, for the reduction in emission of Greenhouse Gases (GHG)
  • The demand was hampered owing to the global outbreak of the COVID-19 pandemic in 2020. Lockdowns in major countries led to a temporary closure of various industries and automobile production units, to limit the spread of the virus
  • The companies are emphasizing the development of new sustainable products for offering improved efficiency and better value to the customers
  • Extending products and service offerings to customers is also one of the primary strategies employed by the companies

 

Order your copy of the Free Sample of “Filters Industry Data Book - Mobil & Engine Filters, Hydraulic & Lube Filters, Process Filters, Industrial Air Filters, North America HVAC Filters, Air Pollution Control System, Compressed Air Dryers and Compressed Air Filters Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 – 2030” Data Book, published by Grand View Research

 

Competitive Landscape

Key players operating in the Filters industry are –

  • 3M
  • Parker Hannifin Corporation
  • Donaldson Company, Inc.
  • Man+Hummel GmbH
  • Cummins Inc.
  • Santorius AG
  • Danaher Corporation (Pall Corporation)
  • Camfil Group
  • American Air Filter Company, Inc.
  • SOGEFI Spa

 

Grand View Research’s Filters Industry data book is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

 

Check out more Industry Data Books, published by Grand View Research

 

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

 

 

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