Press release
Intake Filter Media Market Size, Share, Trends, Growth And Global Forecast 2023-2032
Intake Filter Media Market
The Business Research Company's Intake Filter Media Global Market Report 2023 identifies The rising demand from the automotive industry as the major driver for the intake filter media market's growth in the forecast period. Engines need cleaner air for better combustion and lower emissions. The demand for air filters with superior intake filter media is expected to increase significantly over the projection timeframe as it gives the engines cleaner air.
The global intake filter media market size grew from $5.62 billion in 2022 to $5.97 billion in 2023 at a compound annual growth rate (CAGR) of 6.2%. 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 intake filter media market size is expected to grow to $7.43 billion in 2027 at a CAGR of 5.6%.
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Major competitors in the intake filter media market are Ahlstrom-Munksjö Oyj, DENSO Corporation, Donaldson Company Inc., Porvair Filtration Group, MAHLE GmbH, The General Motors Company, Brackett Aero Filters Inc., Hengst SE, K&N Engineering Inc., Parker Hannifin Corporation, Sogefi Group, Toyota Boshoku Corporation, Mann+Hummel Gruppe, Shelco Filters, and All Filters LLC.
A key trend in the intake filter media market includes product innovation. Major companies operating in the intake filter market are focused on developing new technological solutions to strengthen their position in the market. For instance, in April 2020, JP Air Tech, a Denmark-based air filtration, and filter media company launched the JX81-B-PTFE membrane, a new fully synthetic lightweight filter media. The JX81-B-PTFE membrane is a totally synthetic PTFE filter media with a basic weight of 80 g/m2 and in the E12 filtering efficiency class with a low initial pressure drop. It was developed to fulfil the growing need for high-efficiency lightweight synthetic filter media. It is intended for use in vacuum cleaners, HVAC, dust collecting, car cabins, and other air filtration applications. One of the main physical characteristics of this filter media is its base weight (g/m2), which is an important consideration when building the filter element to achieve optimal filtration performance in terms of specific surface area, pleat design, and overall filter area.
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The intake filter media market is segmented -
•By Filter Media: Cellulose, Synthetic
•By Vehicle Type: Passenger Car, Commercial Vehicle, Construction Equipment, Marine Vessels, Other Vehicle Types
•By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket
•By Application: Automotive, Aerospace, Marine, 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 intake filter media market.
The Business Research Company's "Global Intake Filter Media Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Intake Filter Media Market Include:
1. Executive Summary
2. Intake Filter Media Market Characteristics
3. Intake Filter Media Market Trends And Strategies
4. Intake Filter Media Market - Macro Economic Scenario
5. Intake Filter Media Market Size And Growth
……
26. Africa Intake Filter Media Market
27. Intake Filter Media Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Intake Filter Media Market
29. Intake Filter Media Market Future Outlook and Potential Analysis
30. Appendix
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