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The filters market size is forecast to increase by USD 7.58 billion at a CAGR of 4.5% between 2023 and 2028. The market is experiencing significant growth due to the increasing concern for indoor air quality and the need for filtration solutions in various industries. Portable air purifiers are gaining popularity as people seek to mitigate air pollution from sources such as industrial activities, hydrogen sulfide, formaldehyde, ethylene, and other harmful gases. HEPA systems are widely used for filtration in industries dealing with food and beverage, chemicals and materials, pharmaceuticals/medical, metal and mining, and other sectors. The development of advanced filters using polyurethane-based adhesives is a key trend, offering improved filtration efficiency and longer filter life. The end-user concentration in the automotive and water treatment industries is expected to remain high, further boosting market growth. The Kyoto Protocol and other pollution control acts are also pushing for stricter emission standards in motor vehicles, leading to increased demand for ICE filters.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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