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Analysis Of Sintered Metal Filters Market : Industry Statistics, Growth Trends, And Forecast Until 2032 || Mott Corporation, Eurobalt Engineering OU, Pall Corporation, Gopani Product Systems
Sintered Metal Filters Market
Sintered Metal Filters Market Size, Growth Rate, And Forecast
The global sintered metal filters market size is expected to grow from $1.29 billion in 2022 to $1.38 billion in 2023 at a compound annual growth rate (CAGR) of 7.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global sintered metal filters market size is expected to grow to $1.81 billion in 2027 at a CAGR of 6.9%.
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Sintered Metal Filters Market Drivers
Rising environmental regulations will significantly contribute to the growth of sintered metal filters market going forward. Environmental regulations refer to the placing of restrictions or obligations on people, businesses, or other organizations intending to prevent environmental deterioration or improve it. Sintered metal filters are used to control emissions generated by power generation and automotive industries to meet environmental regulations. For instance, in March 2022, the Environmental Protection Agency (EPA), a US-based government agency tasked with environmental protection matters, issued new emission control standards for trucks and heavy-duty vehicles. According to the proposed regulations, trucks, buses and heavy-duty vehicles will be required to reduce greenhouse gas (GHG) emissions. Therefore, rising environmental regulations will drive the sintered metal filter market.
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Sintered Metal Filters Market Segments
• By Type: Low Porosity (60%)
• By Product: Fluid Filters, ICE Filters, Air Filters
• By Application: Metallurgy Industry, Power Industry, Chemical Industry, Medical Industry, Electronics Industry, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the sintered metal filters market.
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Sintered Metal Filters Market Key Players
Major competitors in the sintered metal filters market are Mott Corporation, Eurobalt Engineering OU, Pall Corporation, Gopani Product Systems, Teesing Worldwide, Filson Filters, Gkn Powder Metallurgy, Allied Group, Parker Hannifin, Lenntech B.V, Capstan Incorporated, Jelliff Corporation.
The Business Research Company's "Global Sintered Metal Filters Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Sintered Metal Filters Market Include:
1. Executive Summary
2. Sintered Metal Filters Market Characteristics
3. Sintered Metal Filters Market Trends And Strategies
4. Sintered Metal Filters Market - Macro Economic Scenario
5. Sintered Metal Filters Market Size And Growth
………………
27. Sintered Metal Filters Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Sintered Metal Filters Market
29. Sintered Metal Filters Market Future Outlook and Potential Analysis
30. Appendix
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