Filters Industry Data Book - Mobil & Engine Filters, Hydraulic & Lube Filters, Process Filters, Industrial Air Filters, Compressed Air Dryers and Filters Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Database Overview

Grand View Research’s filters sector database is a collection of market sizing information & forecasts, trade data, pricing intelligence, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, such information is systematically analyzed and provided in the form of outlook reports (1 detailed sectoral outlook report) and summary presentations on individual areas of research.

Filters Industry Data Book Scope

Filters Industry Data Book Coverage Snapshot

Filters Sector Outlook

The economic value generated by the filters industry was estimated at approximately USD 40.19 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of filters, distribution & supply, and application of filters.

Stringent regulations regarding safe environmental conditions and pollution control measures are expected to promote the use of filters in industrial processing facilities and manufacturing industries. Moreover, the rise in vehicle emissions from ICE-based vehicles is likely to support the demand for filters in the automobile industry.

Asia Pacific dominated the filters market in 2022 with a revenue share of over 44.1%. Robust manufacturing bases in the region, specifically in China and India have provided accelerating growth to the regional industrial output with major manufacturing operations including production of automobiles, machinery, electrical & electronics, consumer goods, food & beverage production, and meat processing. In addition, workplace safety regulations and environment protection policies by local authorities have mandated the facility operators to use advanced filtration techniques to reduce pollution levels, thus are likely to increase the demand for filters.

Mobil & Engine Filters Market Analysis And Forecast

The fuel filters segment dominated the mobile & engine filters market in 2022, with a share of 38.4%. Fuel filters are an essential component for internal combustion engines as they screen the fuel for possible contaminants. The truck companies are investing in increasing their production capacities with an increase in demand, thus leading to increased demand for fuel filters. Furthermore, adoption of MRO services by several trucking and transport agencies for timely maintenance of their truck and bus fleet. Is expected to increase the aftermarket sales for fuel filters. 

The engine air filters segment accounted for the second largest share of the mobile & engine filters market in 2022, with a share of 37.5%. This is attributed to the growing maintenance, repair, and overhaul industry for automobiles. The filters need to be periodically to prevent clogging of engine air systems. Innovations by companies toward increasing the service life of filters along with enhancing their strength and filtering capacity are expected to create new growth opportunities in the market.

Hydraulic & Lube Filters Market Analysis And Forecast

A rise in product demand in various application industries including automotive, power generation, marine, manufacturing, construction, mining, and agriculture is expected to add growth prospects to the market over the forecast period. The performance of every hydraulic filter is measured based on its contamination removal efficiency, thus ensuring reduction or no hydraulic fluid leakage due to clogging in the hydraulic system. The pressure side filters are anticipated to dominate the overall hydraulic & filters market in 2022 followed by the return side filters and the trend is likely to ascend at a positive rate over the forecast period owing to their wide application, especially in the construction application segment.

Pressure side filters help remove particles and contaminants from oil used in a hydraulic system. These filters are placed between the pump and actuators and used for medium to high-pressure hydraulic filtration. The high-pressure filter is the most common type of pressure filter used in the hydraulic system. These filters are stocked with a bypass check valve, which is fitted directly in the back of the pump enabling it to become the main filter for the complete flow of oil that helps to protect all hydraulic components against wear and tear.

Process Filters Market Analysis And Forecast

Liquid filtration systems dominated the process filters market in 2022, with a revenue share of 68.2%, and is expected to rise at a CAGR of 6.4% over the forecast period. This is attributed to the widespread usage of liquid filtration systems in several industries including food & beverage, wastewater treatment, power generation, mining, chemicals, and pharmaceuticals, for the removal of contaminants from process water, chemicals, and beverages.

Several kinds of process filters such as backflushing filters, bag filters, cartridge filters, and membrane filters are utilized for liquid filtration applications in marine, food & beverages, water & wastewater treatment, power generation, chemicals, pharmaceuticals, mining, microelectronics, and snowmaking industries. They are used for filtering out oils, process water, wine & other beverage items, and chemicals.

Industrial Air Filters Market Analysis And Forecast

The use of industrial air filters in verticals dealing with manufacturing processes is expected to increase the product demand over the forecast period owing to the increasing concern towards reducing the risk of microbiological as well as molecular contamination in industrial premises. Industrial air filter products such as dust collectors, oil mist collectors, HEPA filters, and wet scrubbers are commonly used industrial air filters in various end-use industries to help control the generation of hazardous, toxic, and radioactive gas streams.

Rising concerns about improving indoor air quality in industrial units and surging deployment of air purifiers in the wake of the COVID-19 pandemic have increased the consumption of air purifiers fitted with HEPA filters across the world. In addition, the growing utilization of HEPA filters in exhaust mediums of inline air filters that remove harmful solid particulates during laser surgeries is expected to fuel the demand for these filters in the medical application segment. Moreover, the application of HEPA filters in industrial vacuum cleaners to improve workplace air quality is further expected to fuel the growth of this segment of the market from 2023 to 2030.

Compressed Air Dryers and Compressed Air Filters Market Analysis And Forecast

Extensive use of compressed air dryers and air filters for removing particulate, oil, and mist, which could affect the performance of compression systems used in various end-use industries is expected to increase product utilization over the forecast period. Oil removal application is expected to dominate the market in 2022 based on revenue and the trend is expected to remain the same over the forecast period. This growth in the application segment is attributed to the extensive accumulation of fluid during the operation which gets spilled from the hydraulic system or during refueling activities, especially in the machining, construction, and automotive industries.

Extensive use of compressed air in oil & gas industries involving operations such as oil transport, powering pneumatic tools, fans & pumps, and cleaning is anticipated to have a positive impact on the market growth over the forecast period. The use of dryers and filters to separate water vapors and contamination from crude oil & natural gas helps in minimizing hydrate formation, combustibility issues, and line regulator freezing.

Competitive Insights

Key players are notably investing in research and development activities and continuously launching new products and services in the market to enhance customer productivity, thereby attaining business growth in the market. In addition, they are focusing on attracting and developing a qualified workforce and training them to develop their skills for the long-term benefit of the company. Furthermore, key participants are taking efforts to increase market penetration & presence and offer expanded product offerings in the selected market segments.

The companies are focusing on developing a close relationship with customers to help them increase their productivity in a sustainable way. Customer engagement, sales, and services take place through indirect channels including distributors and direct channels including online platforms to enhance the market presence. The companies are employing personnel with strong knowledge regarding applications & features of products for sales purpose in order to cater to various customer queries. Furthermore, service and maintenance provided by skilled technicians form an integral part of the package.

• In April 2019, the company announced that it had completed the acquisition of 100% stakes in Apollo Air Cleaner Co., Ltd., a China-based joint venture between Freudenberg (75%) and Apollo Trading Group (25%). Apollo Air Cleaner Co., Ltd. was a provider of air and water filtration technologies in China and will continue as Freudenberg Apollo Filtration Technologies as a part of Freudenberg Filtration Technologies. This acquisition is expected to help the company strengthen its position and expand its customer base in China.

• In March 2019, Donaldson introduced Filter Minder connected technology for monitoring truck engine air filters using the vehicles’ own telematics system. This system helps the maintenance managers monitor filter performance and plan for its change, thus increasing the overall efficiency of the vehicle.