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Filters Market Size, Share & Trends Analysis Report by Product (ICE, Air, Fluid Filters), Application (Motor Vehicles, Consumer Goods, Industrial & Manufacturing, Utilities), Region, and Segment Forecasts, 2024-2030

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  • 124 Pages
  • January 2024
  • Region: Global
  • Grand View Research
  • ID: 3765919
Description Jump to:
The global filters market is anticipated to reach USD 112.87 billion by 2030 and is anticipated to expand at a CAGR of 5.2% from 2024 to 2030. The market is influenced by several key trends such as technology trends, regulatory trends, raw material trends, and application trends. Moderately growing demand for automobiles owing to factors such as rising disposable incomes, rising standards of living, and switching consumer trends for owning a private vehicle in developing regions such as Asia-Pacific are likely to positively affect the market growth in the near future. The increasing use of intelligent air filtration systems is another trend driving the future air filtration market. These systems are designed to automatically adjust airflow and filtration performance within a room or building based on air quality, temperature, and humidity. Integrating Internet of Things (IoT) technology into air filtration systems aims to increase efficiency and reduce operating costs.

Growing environmental concerns and changing consumer behavior have prompted various governments to implement regulations and initiatives to safeguard the environment. Stringent implementation of pollution control acts like the Safe Drinking Water Act (SDWA) and Clean Water Act (CWA), coupled with a rise in the number of water treatment plants, have created a wide scope for the utilization of filters. Such a stringent regulatory framework is anticipated to play a key role in shaping the market over the forecast period.

Filters Market Report Highlights

  • The ICE filters segment dominated the system type segment with more than 40% share in 2023. The positive outlook of the automobile industry, especially in the Asia-Pacific and Central & South America regions, is expected to drive the market for ICE filters over the forecast period. There has been the implementation of various environmental regulations such as the Kyoto Protocol, Euro 5, and Euro 6 to control the release of harmful emissions, especially by automobiles and industrial applications. This factor is expected to aid the demand for ICE filters over the forecast period
  • Fluid filters emerged as the second largest product segment of the overall filters industry in 2023. Growing healthcare awareness among consumers, coupled with a regulatory focus about purified drinking water is anticipated to aid the market for fluid filters over the projected period
  • The industrial and manufacturing application segment accounted for a significant revenue share in 2023 and is expected to ascend at a higher rate in the projected time frame. Growing consumer awareness regarding the benefits offered by purified water is presumed to drive the growth of filter industry in future years
  • Increasing urbanization coupled with rising disposable income is expected to propel the demand for motor vehicles over the projected period. This trend in turn is presumed to benefit the demand for the overall market over the forecast period
  • Asia-Pacific dominated the global filters market accounting for over 40% of the global revenue share in 2023 on account of the rising automotive demand, rapid industrialization coupled with rising environmental regulations for pollution control. Furthermore, increasing government initiatives encouraging economic development as well as industrialization are anticipated to bolster the end-use filter demand. Emerging economies are slated to witness faster growth when compared to the developed economies of North America and Europe
  • In February 2023, Camfil launched its CamPure 8 media in the U.S. for the efficient removal of gaseous contaminants and odors, including sulfur dioxide, hydrogen sulfide, formaldehyde, and ethylene. The molecular filtration media can be utilized extensively in industries such as pulp & paper, oil & gas, wastewater treatment, and mining & metal refining, while also preserving fruits, flowers, and vegetables by removing odors and contaminants

Table of Contents

Chapter 1. Filters Market: Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Market Definition
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. Data Validation & Publishing
Chapter 2. Filters Market: Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Filters Market: Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Distribution Channel Analysis
3.2.2. Raw Material Trends
3.2.3. Technological Overview
3.3. Regulatory Framework
3.4. Technology Framework
3.5. Market Dynamics
3.5.1. Market Driver Analysis
3.5.2. Market Restraint Analysis
3.5.3. Industry Challenges
3.5.4. Industry Opportunities
3.6. Industry Analysis Tools
3.6.1. Porter’s Five Forces Analysis
3.6.2. Macro-environmental Analysis
Chapter 4. Filters Market: Product Estimates & Trend Analysis
4.1. System Type Movement Analysis & Market Share, 2023 & 2030
4.2. Filters Market Estimates & Forecast, by Product, 2018 to 2030 (USD Million)
4.3. Fluid Filters
4.3.1. Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.4. ICE Filters
4.4.1. Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
4.5. Air Filters
4.5.1. Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
Chapter 5. Filters Market: Application Estimates & Trend Analysis
5.1. End-use Movement Analysis & Market Share, 2023 & 2030
5.2. Filters Market Estimates & Forecast, by Application, 2018 to 2030 (USD Million)
5.3. Motor Vehicle
5.3.1. Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
5.4. Consumers Goods
5.4.1. Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
5.5. Utilities
5.5.1. Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
5.6. Industrial & Manufacturing
5.6.1. Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
5.7. Others
5.7.1. Market Revenue Estimates and Forecasts, 2018-2030 (USD Million)
Chapter 6. Filters Market: Regional Estimates & Trend Analysis
6.1. Regional Movement Analysis & Market Share, 2023 & 2030
6.2. North America
6.2.1. North America filters market estimates & forecast, 2018-2030, (USD Million)
6.2.2. North America filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.2.3. North America filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.2.4. U.S.
6.2.4.1. U.S. filters market estimates & forecast, 2018-2030, (USD Million)
6.2.4.2. U.S. filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.2.4.3. U.S. filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.2.5. Canada
6.2.5.1. Canada filters market estimates & forecast, 2018-2030, (USD Million)
6.2.5.2. Canada filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.2.5.3. Canada filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.2.6. Mexico
6.2.6.1. Mexico filters market estimates & forecast, 2018-2030, (USD Million)
6.2.6.2. Mexico filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.2.6.3. Mexico filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.3. Europe
6.3.1. Europe filters market estimates & forecast, 2018-2030, (USD Million)
6.3.2. Europe filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.3.3. Europe filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.3.4. Germany
6.3.4.1. Germany filters market estimates & forecast, 2018-2030, (USD Million)
6.3.4.2. Germany filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.3.4.3. Germany filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.3.5. UK
6.3.5.1. UK filters market estimates & forecast, 2018-2030, (USD Million)
6.3.5.2. UK filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.3.5.3. UK filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.3.6. France
6.3.6.1. France filters market estimates & forecast, 2018-2030, (USD Million)
6.3.6.2. France filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.3.6.3. France filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.3.7. Spain
6.3.7.1. Spain filters market estimates & forecast, 2018-2030, (USD Million)
6.3.7.2. Spain filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.3.7.3. Spain filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.3.8. Italy
6.3.8.1. Italy filters market estimates & forecast, 2018-2030, (USD Million)
6.3.8.2. Italy filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.3.8.3. Italy filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.4. Asia-Pacific
6.4.1. Asia-Pacific filters market estimates & forecast, 2018-2030, (USD Million)
6.4.2. Asia-Pacific filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.4.3. Asia-Pacific filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.4.4. China
6.4.4.1. China filters market estimates & forecast, 2018-2030, (USD Million)
6.4.4.2. China filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.4.4.3. China filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.4.5. Japan
6.4.5.1. Japan filters market estimates & forecast, 2018-2030, (USD Million)
6.4.5.2. Japan filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.4.5.3. Japan filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.4.6. India
6.4.6.1. India filters market estimates & forecast, 2018-2030, (USD Million)
6.4.6.2. India filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.4.6.3. India filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.4.7. Malaysia
6.4.7.1. Malaysia filters market estimates & forecast, 2018-2030, (USD Million)
6.4.7.2. Malaysia filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.4.7.3. Malaysia filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.4.8. Australia
6.4.8.1. Australia filters market estimates & forecast, 2018-2030, (USD Million)
6.4.8.2. Australia filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.4.8.3. Australia filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.4.9. Thailand
6.4.9.1. Thailand filters market estimates & forecast, 2018-2030, (USD Million)
6.4.9.2. Thailand filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.4.9.3. Thailand filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.5. Central & South America
6.5.1. Central & South America filters market estimates & forecast, 2018-2030, (USD Million)
6.5.2. Central & South America filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.5.3. Central & South America filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.5.4. Brazil
6.5.4.1. Brazil filters market estimates & forecast, 2018-2030, (USD Million)
6.5.4.2. Brazil filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.5.4.3. Brazil filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.6. Middle East & Africa
6.6.1. Middle East & Africa filters market estimates & forecast, 2018-2030, (USD Million)
6.6.2. Middle East & Africa filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.6.3. Middle East & Africa filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.6.4. Saudi Arabia
6.6.4.1. Saudi Arabia filters market estimates & forecast, 2018-2030, (USD Million)
6.6.4.2. Saudi Arabia filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.6.4.3. Saudi Arabia filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.6.5. South Africa
6.6.5.1. South Africa filters market estimates & forecast, 2018-2030, (USD Million)
6.6.5.2. South Africa filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.6.5.3. South Africa filters market estimates & forecast, by application, 2018-2030, (USD Million)
6.6.6. Egypt
6.6.6.1. Egypt filters market estimates & forecast, 2018-2030, (USD Million)
6.6.6.2. Egypt filters market estimates & forecast, by product, 2018-2030, (USD Million)
6.6.6.3. Egypt filters market estimates & forecast, by application, 2018-2030, (USD Million)
Chapter 7. Filters Market - Competitive Landscape
7.1. Recent Developments & Impact Analysis, by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Strategy Mapping
7.4.1. Expansion
7.4.2. Mergers & Acquisition
7.4.3. Partnerships & Collaborations
7.4.4. New Product Launches
7.4.5. Research And Development
7.5. Company Profiles
7.5.1. 3M Company
7.5.1.1. Participant’s overview
7.5.1.2. Financial performance
7.5.1.3. Product benchmarking
7.5.1.4. Recent developments
7.5.2. Airex Filter Corporation
7.5.2.1. Participant’s overview
7.5.2.2. Financial performance
7.5.2.3. Product benchmarking
7.5.2.4. Recent developments
7.5.3. Freudenberg Filtration Technologies SE & Co. KG
7.5.3.1. Participant’s overview
7.5.3.2. Financial performance
7.5.3.3. Product benchmarking
7.5.3.4. Recent developments
7.5.4. Donaldson Company, Inc.
7.5.4.1. Participant’s overview
7.5.4.2. Financial performance
7.5.4.3. Product benchmarking
7.5.4.4. Recent developments
7.5.5. Koch Filter
7.5.5.1. Participant’s overview
7.5.5.2. Financial performance
7.5.5.3. Product benchmarking
7.5.5.4. Recent developments
7.5.6. Camfil AB
7.5.6.1. Participant’s overview
7.5.6.2. Financial performance
7.5.6.3. Product benchmarking
7.5.6.4. Recent developments
7.5.7. Parker Hannifin Corporation.
7.5.7.1. Participant’s overview
7.5.7.2. Financial performance
7.5.7.3. Product benchmarking
7.5.7.4. Recent developments
7.5.8. DENSO Corporation
7.5.8.1. Participant’s overview
7.5.8.2. Financial performance
7.5.8.3. Product benchmarking
7.5.8.4. Recent developments
7.5.9. Clark Air Systems
7.5.9.1. Participant’s overview
7.5.9.2. Financial performance
7.5.9.3. Product benchmarking
7.5.9.4. Recent developments
7.5.10. Spectrum Filtration Pvt. Ltd
7.5.10.1. Participant’s overview
7.5.10.2. Financial performance
7.5.10.3. Product benchmarking
7.5.10.4. Recent developments
List of Tables
Table 1. Fluid filters market estimates and forecasts, 2018-2030 (USD Million)
Table 2. ICE filters market estimates and forecasts, 2018-2030 (USD Million)
Table 3. Air filters market estimates and forecasts, 2018-2030 (USD Million)
Table 4. Filters market estimates and forecasts, in motor vehicles, 2018-2030 (USD Million)
Table 5. Filters market estimates and forecasts, in consumer goods, 2018-2030 (USD Million)
Table 6. Filters market estimates and forecasts, in utilities, 2018-2030 (USD Million)
Table 7. Filters market estimates and forecasts, in industrial and manufacturing, 2018-2030 (USD Million)
Table 8. Filters market estimates and forecasts, in other applications, 2018-2030 (USD Million)
Table 9. North America filters market estimates and forecasts, 2018-2030 (USD Million)
Table 10. North America filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 11. North America filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 12. U.S. filters market estimates and forecasts, 2018-2030 (USD Million)
Table 13. U.S. filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 14. U.S. filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 15. Canada filters market estimates and forecasts, 2018-2030 (USD Million)
Table 16. Canada filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 17. Canada filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 18. Mexico filters market estimates and forecasts, 2018-2030 (USD Million)
Table 19. Mexico filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 20. Mexico filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 21. Europe filters market estimates and forecasts, 2018-2030 (USD Million)
Table 22. Europe filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 23. Europe filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 24. Germany filters market estimates and forecasts, 2018-2030 (USD Million)
Table 25. Germany filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 26. Germany filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 27. U.K. filters market estimates and forecasts, 2018-2030 (USD Million)
Table 28. U.K. filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 29. U.K. filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 30. France filters market estimates and forecasts, 2018-2030 (USD Million)
Table 31. France filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 32. France filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 33. Italy filters market estimates and forecasts, 2018-2030 (USD Million)
Table 34. Italy filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 35. Italy filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 36. Spain filters market estimates and forecasts, 2018-2030 (USD Million)
Table 37. Spain filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 38. Spain filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 39. Asia-Pacific filters market estimates and forecasts, 2018-2030 (USD Million)
Table 40. Asia-Pacific filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 41. Asia-Pacific filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 42. China filters market estimates and forecasts, 2018-2030 (USD Million)
Table 43. China filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 44. China filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 45. India filters market estimates and forecasts, 2018-2030 (USD Million)
Table 46. India filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 47. India filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 48. Japan filters market estimates and forecasts, 2018-2030 (USD Million)
Table 49. Japan filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 50. Japan filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 51. Australia filters market estimates and forecasts, 2018-2030 (USD Million)
Table 52. Australia filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 53. Australia filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 54. Malaysia filters market estimates and forecasts, 2018-2030 (USD Million)
Table 55. Malaysia filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 56. Malaysia filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 57. Thailand filters market estimates and forecasts, 2018-2030 (USD Million)
Table 58. Thailand filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 59. Thailand filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 60. Central & South America filters market estimates and forecasts, 2018-2030 (USD Million)
Table 61. Central & South America filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 62. Central & South America filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 63. Brazil filters market estimates and forecasts, 2018-2030 (USD Million)
Table 64. Brazil filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 65. Brazil filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 66. Middle East & Africa filters market estimates and forecasts, 2018-2030 (USD Million)
Table 67. Middle East & Africa filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 68. Middle East & Africa filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 69. South Africa filters market estimates and forecasts, 2018-2030 (USD Million)
Table 70. South Africa filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 71. South Africa filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 72. Saudi Arabia filters market estimates and forecasts, 2018-2030 (USD Million)
Table 73. Saudi Arabia filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 74. Saudi Arabia filters market estimates and forecasts, by application, 2018-2030 (USD Million)
Table 75. Egypt filters market estimates and forecasts, 2018-2030 (USD Million)
Table 76. Egypt filters market estimates and forecasts, by product, 2018-2030 (USD Million)
Table 77. Egypt filters market estimates and forecasts, by application, 2018-2030 (USD Million)
List of Figures
Fig. 1 Filters market segmentation
Fig. 2 Information Procurement
Fig. 3 Primary Research Pattern
Fig. 4 Primary Research Process
Fig. 5 Market research approaches - Bottom Up Approach
Fig. 6 Market research approaches - Top Down Approach
Fig. 7 Market research approaches - Combined Approach
Fig. 8 Filters market: Penetration & growth prospect mapping
Fig. 9 Filters market: Value chain analysis
Fig. 10 Market dynamics
Fig. 11 Filters market driver impact analysis
Fig. 12 Global automobile demand, 2010-2018 (Million Units)
Fig. 13 Filters market restraint impact
Fig. 14 Key opportunities - prioritized
Fig. 15 Filters market: Product movement analysis, 2021 & 2030
Fig. 16 Filters market: Application movement analysis, 2021 & 2030
Fig. 17 Filters market: Key company/ competition categorization
Fig. 18 Filters market: Strategic framework

Companies Mentioned

  • 3M Company
  • Airex Filter Corporation
  • Freudenberg Filtration Technologies SE & Co. KG
  • Donaldson Company, Inc.
  • Koch Filter
  • Camfil AB
  • Parker Hannifin Corporation.
  • DENSO Corporation
  • Clark Air Systems
  • Spectrum Filtration Pvt. Ltd

Methodology

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Table Information

Report AttributeDetails
No. of Pages124
PublishedJanuary 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 79.25 Billion
Forecasted Market Value ( USD ) by 2030 $ 112.87 Billion
Compound Annual Growth Rate5.2%
Regions CoveredGlobal
No. of Companies Mentioned10

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About the Filters Market

The Filters market is a segment of the industrial goods industry that produces and sells products used to filter out unwanted particles from liquids and gases. Filters are used in a variety of industries, including automotive, medical, and food and beverage. Filters are used to remove contaminants from air, water, and other liquids, as well as to separate particles of different sizes. Filters are typically made from a variety of materials, including paper, cloth, metal, and plastic. The most common types of filters are air filters, oil filters, and water filters. Filters are also used in industrial processes, such as in the production of pharmaceuticals and chemicals. The Filters market is highly competitive, with many companies offering a wide range of products. Some of the leading companies in the market include Parker Hannifin, Cummins Filtration, Donaldson Company, and Clarcor. These companies offer a variety of filters for different applications, including air, oil, and water filters. Show Less Read more

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