Global Filters (Industrial and Automotive) Market Size, Share, Development and Demand Forecast to 2020 By P&S Market Research Reports
The global filters market is expected to grow from $8,922.9
million in 2014, and reach $1,3601.9 million by 2020, growing with a CAGR of
7.3% during 2015 – 2020. The global filters market comprising industrial and
automotive filters is driven by increasing industrialization and growth in the
commercial vehicles market. The regulations regarding industrial and automotive
emissions are becoming more stringent, which is consequently surging the demand
for filters in the both the sectors. The demand for efficient filtration on the
other hand has been promoting the sales of advanced filters, such as HEPA
filters.
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The
increasing population and urbanization in Asia-Pacific is expected to make it
the global leader in global filters market by 2020. The increasing demand of
bag and cartridge filters, mist collectors, and HEPA filters is expected to
provide considerable growth opportunity for the global industrial filters
market during the forecast period. The slowdown in passenger car sales in
certain major automotive markets is obstructing the growth of the automotive
filters market through original equipment manufacturer (OEM); however, the
aftermarket sales have been offsetting the impact. The global market has
witnessed consolidation during the recent past, which is reflected by several
acquisitions taking place in the industry.
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The
information and data in the publication “Global
Filters Market Size, Share, Development, Growth and Demand Forecast to 2020”
represent the research and analysis of data from various primary and secondary
sources. A bottom-up approach has been used to calculate the global filters
market by country, segment, type, and distribution channel. P&S Market
Research analysts and consultants interact with leading companies of the
concerned domain to substantiate every value of data presented in this report. The
company bases its primary research on discussions with prominent professionals
and analysts in the industry, which is followed by informed and detailed,
online and offline research.
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Related Research: https://www.psmarketresearch.com/industry-report/chemicals-materials-and-energy
Chapter 1. Research Scope & Methodology
1.1 Market Definition
1.2 Market Scope
1.2.1 Market breakdown by segment
1.2.2 Market breakdown by geography
1.3 Research Methodology and Sources
Chapter 2. Executive Summary
2.1 Key Findings
2.2 Research Summary
Chapter 3. Market Outlook
3.1 Introduction
3.2 Trends in the Filters Market
3.2.1 Increasing number of acquisitions
Chapter 4. Global Filters Market Size and Forecast (2011 – 2020)
4.1 Global Filters Market, by Segment
4.1.1 Industrial Filters
4.1.2 Automotive Filters
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