Europe Filters Market Size & Outlook, 2021-2030
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Europe filters market highlights
- The Europe filters market generated a revenue of USD 18,449.1 million in 2021.
- The market is expected to grow at a CAGR of 3.8% from 2022 to 2030.
- In terms of segment, ice filters was the largest revenue generating type in 2021.
- Air Filters is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Russia is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 18,449.1 million |
| Market revenue in 2030 | USD 25,752.8 million |
| Growth rate | 3.8% (CAGR from 2021 to 2030) |
| Largest segment | Ice filters |
| Fastest growing segment | Air Filters |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fluid Filters, ICE Filters, Air Filters |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.5% of the global filters market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 54,382.5 million by 2030.
Ice filters was the largest segment with a revenue share of 42.44% in 2021. Horizon Databook has segmented the Europe filters market based on fluid filters, ice filters, air filters covering the revenue growth of each sub-segment from 2018 to 2030.
The filters market in Europe is expected to witness a steady growth owing to the strict emission standards set by the European Union. Growth in the number of polluting industries, such as the cement industry, food & beverage, metal processing, and pharmaceutical industry in the country, is likely to promote the need for the implementation of filtration processes to eliminate the pollutants from entering the environment.
Increasing the use of filtration equipment in the region is likely to promote the growth of the filters market over the forecast period.
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Filters Market Scope
Filters Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Dayton Superior | View profile | 5001-10000 | Miamisburg, Ohio, United States, North America | http://www.daytonsuperior.com/default.aspx |
| CTS Cement Manufacturing Corporation | View profile | 101-250 | Garden Grove, California, United States, North America | http://ctscement.com |
| LATICRETE International | View profile | 1001-5000 | Bethany, Connecticut, United States, North America | https://laticrete.com |
| MYK Arment | View profile | 501-1000 | Hyderabad, Andhra Pradesh, India, Asia | https://mykarment.com |
| TCC Materials | View profile | 251-500 | Mendota, Minnesota, United States, North America | http://tccmaterials.com |
| Larsen Building Products | View profile | 101-250 | Belfast, Belfast, United Kingdom, Europe | https://larsenbuildingproducts.com |
| Durabond Products | View profile | 11-50 | Scarborough, Ontario, Canada, North America | https://www.durabond.com |
| Duraamen Engineered Products | View profile | 11-50 | Boston, Massachusetts, United States, North America | http://www.duraamen.com |
| USG | View profile | 5001-10000 | North Chicago, Illinois, United States, North America | https://www.usg.com/ |
| Sika AG | View profile | 33547 | Zugerstrasse 50, Baar, Switzerland, 6340 | https://www.sika.com |
Europe filters market size, by country, 2018-2030 (US$M)
Europe Filters Market Outlook Share, 2021 & 2030 (US$M)
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