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Filters Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
The Business Research Company's Filters Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026
LONDON, GREATER LONDON , UK, September 1, 2022 /EINPresswire.com / -- According to 'Filters Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026' published by The Business Research Company, the filters market size is expected to grow from $68.28 billion in 2021 to $72.23 billion in 2022 at a compound annual growth rate (CAGR) of 4.95%. The global filters market size is expected to grow to $94.30 billion in 2026 at a compound annual growth rate (CAGR) of 6.89%. According to the filters market research, the rapidly increasing adoption of air purifiers due to increasing toxic gas release in the air causing sever health hazards is expected to fuel the demand for filters.
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The filter market consists of sales of filters by entities (organizations, sole traders, and partnerships) that refer to a porous substance or material, such as a paper or sand, through which a liquid or gas is passed to remove floating particles. Filters are used to remove impurities from air, gas, and liquid. Filters are used in various industries such as automotive, consumer goods, manufacturing, and others.
Global Filters Market Trends
Nanotechnology is one of the key filters industry trends gaining popularity. Nanotechnology in filters refers to the use of nanomaterials, and nanoparticles to improve the performance of filters. One such filter system based on nanotechnology is a nanotech-based water purification system that is thought to be modular, highly efficient, and cost-effective compared to traditional water filtration procedures. These systems are made up of carbonaceous nanomaterials, metal oxide nanoparticles, zeolites, and other nanomaterials that are integrated into a polymeric matrix to improve the performance of traditional polymeric membranes. For instance, in February 2020, Parker Hannifin Corporation, a US-based motion and control technology company's Industrial Gas Filtration and Generation Division introduced ProTura® SB Nano Pleated Filters that is a dust collection filter used in a variety of applications. The ProTura® SB Nano Pleated Filters use advanced nanofibre filtration technology whose filters are made from a 100% synthetic base media with a proprietary nanofiber layer applied to the collection surface, designed for demanding applications.
Global Filters Market Segments
The global filters market is segmented:
By Product: Fluid Filters, ICE Filters, Air Filters
By Distribution Channel: Offline Stores, Online Stores
By Application: Motor Vehicles, Consumer Goods, Utilities, Industrial and Manufacturing, Others
By Geography: The global filters market report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
Read more on the global filters market report here
Filters Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides filters market overviews, analyzes and forecasts market size and growth for the global filters market, filters global market share, filters global market segments and geographies, filters global market players, filters global market leading competitor revenues, profiles and market shares. The filters global market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors' approaches.
TBRC's Filters Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: 3M Company, Airex Filter Corp, Koch Filter, Freudenberg Filtration Technologies SE & Co KG, Donaldson Company Inc, Camfil AB, Parker Hannifin Corp, DENSO Corp, Clark Air Systems, Spectrum Filtration Pvt Ltd, MANN+HUMMEL, Clear Edge Filtration Group, Pall Corporation, Danaher Corporation, TFI Filtration (India) Private Limited and Aarkays Air Equipment Private Limited.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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About The Business Research Company
The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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