Filters Market is Booming Across the Globe Explored In Latest Research 2028
The global filters market size was valued at USD 70.38 billion in 2020 and is expected to expand at a
compound annual growth rate (CAGR) of 4.7% from 2021 to 2028. The growing emphasis on the
reduction of emissions from automotive and industrial applications is expected to fuel market growth
over the forecast period. Increasing product use in several consumer goods, such as air purifiers and
water purifiers, is expected to have a positive impact on the market growth.
The market in the U.S. is expected to exhibit high growth over the forecast period on account of
factors such as the growing product demand from the automotive industries as per the environmental
regulations laid down by the Environmental Protection Agency (EPA) for the installation of emission
control solutions in vehicles. In addition, economic revival and government initiatives to promote
environmental protection are expected to drive the market in the country.
Key Player Mentioned:
Airex Filter Corporation
Freudenberg Filtration Technologies SE & Co. KG
Donaldson Company, Inc.
Parker Hannifin Corporation
Clark Air Systems
Spectrum Filtration Pvt. Ltd.
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Product Segment Analysis:
Application Segment Analysis:
Industrial & Manufacturing
Regional Segment Analysis: North America, Europe, Asia Pacific, Latin America, and Mideast and
The global market is expected to grow owing to the government’s emphasis on water treatment
schemes for the construction of water treatment facilities. This is attributed to factors such as the
scarcity of quality drinking water, the growing population, and contamination of ground and