Malaysia Filters Market Size & Outlook, 2021-2030
Related Markets
Malaysia filters market highlights
- The Malaysia filters market generated a revenue of USD 808.9 million in 2021 and is expected to reach USD 1,443.0 million by 2030.
- The Malaysia market is expected to grow at a CAGR of 6.6% 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.
Filters market data book summary
| Market revenue in 2021 | USD 808.9 million |
| Market revenue in 2030 | USD 1,443.0 million |
| Growth rate | 6.6% (CAGR from 2021 to 2030) |
| Largest segment | Ice filters |
| Fastest growing segment | Air Filters |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fluid Filters, ICE Filters, Air Filters |
Other key industry trends
- In terms of revenue, Malaysia accounted for 1.1% of the global filters market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China filters market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 5,088.2 million by 2030.
Ice filters was the largest segment with a revenue share of 40.99% in 2021. Horizon Databook has segmented the Malaysia filters market based on fluid filters, ice filters, air filters covering the revenue growth of each sub-segment from 2018 to 2030.
The Environment Quality Act along with the government regulations for controlling the pollution in the environment have mandated the industries to implement the filtration techniques. Thereby, propelling the demand for filters in the country.
The utilization of filters in industrial spaces in order to reduce the emission into the environment is further likely to upscale the demand for filters. The manufacturing industry in the country is majorly engaged in the production of electronics, consumer goods, and other products. Thus, the demand for filters in consumer goods is likely to ascend in the projected time.
The automotive industry in the country accounted for high imports of passenger cars, luxury cars, commercial vehicles, and light vehicles for local transport. The aftermarket sales of filers used in automobiles are anticipated to augment in the upcoming period owing to the increasing maintenance of the vehicles in the country.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Malaysia filters market size, by type, 2018-2030 (US$M)
Malaysia Filters Market Outlook Share, 2021 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
