Mexico Filters Market Size & Outlook, 2021-2030
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Mexico filters market highlights
- The Mexico filters market generated a revenue of USD 1,906.4 million in 2021 and is expected to reach USD 3,557.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 7.2% 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 1,906.4 million |
| Market revenue in 2030 | USD 3,557.3 million |
| Growth rate | 7.2% (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, Mexico accounted for 2.6% of the global filters market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. filters market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 3,557.3 million by 2030.
Ice filters was the largest segment with a revenue share of 40.75% in 2021. Horizon Databook has segmented the Mexico filters market based on fluid filters, ice filters, air filters covering the revenue growth of each sub-segment from 2018 to 2030.
Growing manufacturing activities coupled with technological advancements in Mexico are expected to result in the implementation of stringent environmental regulations to avoid air and water pollution and ensure a safe environment for future generations. Rising environmental concerns are expected to boost the demand for filtration processes in various manufacturing firms, which, in turn, is anticipated to drive the filters market.
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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 |
Mexico filters market size, by type, 2018-2030 (US$M)
Mexico Filters Market Outlook Share, 2021 & 2030 (US$M)
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