The Intake Filter Media by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Intake Filter Media, The intake filter media market size has grown steadily in recent years. It will grow from $5.85 billion in 2023 to $6.11 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to increasing vehicle production, stringent emission standards, engine performance optimization, consumer awareness of air quality, expansion of aftermarket segment.
The intake filter media market size is expected to see steady growth in the next few years. It will grow to $7.4 billion in 2028 at a compound annual growth rate (CAGR) of 4.9%. The growth in the forecast period can be attributed to electrification of vehicles, stricter emission standards improved engine efficiency, enhanced air quality monitoring, engine downsizing and turbocharging. Major trends in the forecast period include nanofiber technology adoption, multi-layered filtration media, eco-friendly and sustainable materials, customization for performance vehicles, digitalization and connectivity.
The rising demand from the automotive industry is expected to propel the growth of the intake filer media market going forward. Engines need cleaner air for better combustion and lower emissions. The demand for air filters with superior intake filter media is expected to increase significantly over the projection timeframe as it gives the engines cleaner air. For instance, in April 2022, European Automobile Manufacturers Association, a Belgium-based standards group for automotive industries, the global production of automobiles increased by 1.3% from 2020 to 79.1 million units. This increase in the production of motor vehicles requires air filters for engine safety. Therefore, the rising adoption of air filters in automobiles is anticipated to fuel the growth of the intake filter media market.
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The intake filter media market covered in this report is segmented –
1) By Filter Media: Cellulose, Synthetic
2) By Vehicle Type: Passenger Car, Commercial Vehicle, Construction Equipment, Marine Vessels, Other Vehicle Types
3) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket
4) By Application: Automotive, Aerospace, Marine, Other Applications
Product innovation is a key trend gaining popularity in the intake filter media market. Major companies operating in the intake filter market are focused on developing new technological solutions to strengthen their position in the market. For instance, in April 2020, JP Air Tech, a Denmark-based air filtration, and filter media company launched the JX81-B-PTFE membrane, a new fully synthetic lightweight filter media. The JX81-B-PTFE membrane is a totally synthetic PTFE filter media with a basic weight of 80 g/m2 and in the E12 filtering efficiency class with a low initial pressure drop. It was developed to fulfil the growing need for high-efficiency lightweight synthetic filter media. It is intended for use in vacuum cleaners, HVAC, dust collecting, car cabins, and other air filtration applications. One of the main physical characteristics of this filter media is its base weight (g/m2), which is an important consideration when building the filter element to achieve optimal filtration performance in terms of specific surface area, pleat design, and overall filter area.
The intake filter media market report table of contents includes:
- Executive Summary
- Intake Filter Media Market Characteristics
- Intake Filter Media Market Trends And Strategies
- Intake Filter Media Market – Macro Economic Scenario
- Global Intake Filter Media Market Size and Growth
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- Global Intake Filter Media Market Competitive Benchmarking
- Global Intake Filter Media Market Competitive Dashboard
- Key Mergers And Acquisitions In The Intake Filter Media Market
- Intake Filter Media Market Future Outlook and Potential Analysis
- Appendix
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