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Intake Filter Market Size, Share Analysis, Trends, Growth Revenue 2033
Intake Filter Market Size
As per the report, the intake filter media market size has grown steadily in recent years. It will grow from $5.85 billion in 2023 to $6.11 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The intake filter media market size is expected to see steady growth in the next few years. It will grow to $7.4 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%.
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Rising Demand From The Automotive Industry Driving The Growth Of The Intake Filter Media Market
The rising demand from the automotive industry is expected to propel the growth of the intake filer media market going forward. 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. For instance, in April 2022, European Automobile Manufacturers Association, a Belgium-based standards group for automotive industries, the global production of automobiles increased by 1.3% from 2020 to 79.1 million units. This increase in the production of motor vehicles requires air filters for engine safety. Therefore, the rising adoption of air filters in automobiles is anticipated to fuel the growth of the intake filter media market.
Synthetic Lightweight Filter Media Transforms The Market
Product innovation is a key trend gaining popularity in the intake filter media market. 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.
The intake filter media market covered in this report is segmented -
1) By Filter Media: Cellulose, Synthetic
2) By Vehicle Type: Passenger Car, Commercial Vehicle, Construction Equipment, Marine Vessels, Other Vehicle Types
3) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket
4) By Application: Automotive, Aerospace, Marine, Other Applications
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Major companies operating in the intake filter media market report are Ahlstrom-Munksjö Oyj, DENSO Corporation, Donaldson Company Inc., Porvair Filtration Group Ltd., MAHLE GmbH, General Motors Company, Brackett Aero Filters Inc., Hengst SE, K&N Engineering Inc., Parker Hannifin Corporation, Sogefi SpA, Toyota Boshoku Corporation, Mann+Hummel Gruppe, Shelco Filters Corp., All Filters LLC, Freudenberg Filtration Technologies SE & Co. KG, Lydall Inc., Hollingsworth & Vose Company, Filtration Group Corporation, Cummins Filtration Inc., Roki Co Ltd., UFI Filters SpA, Valeo SA, Wix Filters, Zhejiang Universe Filter Co. Ltd., Automotive Corporation of Delaware, Advanced Engine Management Inc., Baldwin Filters Inc., Champion Laboratories Inc., Clarcor Inc.
Contents of the report:
1. Executive Summary
2. Intake Filter Media Market Report Structure
3. Intake Filter Media Market Trends And Strategies
4. Intake Filter Media Market - Macro Economic Scenario
5. Intake Filter Media Market Size And Growth
…..
27. Intake Filter Media Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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