PUBLISHER: TechNavio | PRODUCT CODE: 1603985
PUBLISHER: TechNavio | PRODUCT CODE: 1603985
Filters Market 2024-2028
The filters market is forecasted to grow by USD 7581 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the filters market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand across automotive industry, introduction of customized air filter concept, and development of gasoline particulate filter technology.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 4.2% |
CAGR | 4.5% |
Incremental Value | $7581 mn |
Technavio's filters market is segmented as below:
By Type
By Geographical Landscape
This study identifies the development of polyurethane-based adhesive filters as one of the prime reasons driving the filters market growth during the next few years. Also, growing demand for reusable air filters and introduction of multi-filtration systems will lead to sizable demand in the market.
The report on the filters market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading filters market vendors that include 3M Co., Ahlstrom Munksjo Oyj, Airex Filter Corp., Alfa Laval AB, Babcock and Wilcox Enterprises Inc., Camfil AB, Clark Air Systems, Cummins Inc., Danaher Corp., DENSO Corp., Donaldson Co. Inc., Eaton Corp plc, Filtration Group Corp., Freudenberg Filtration Technologies GmbH and Co. KG, Koch Filter, MANN HUMMEL International GmbH and Co. KG, Parker Hannifin Corp., Spectrum Filtration Pvt. Ltd., SUEZ WTS USA Inc., and W. L. Gore and Associates Inc.. Also, the filters market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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