Global Filters (Industrial and Automotive) Market Forecast to 2020 – Growing Demand for Automotive Filters – Research and Markets
June 9, 2016 | By Business Wire News
DUBLIN
Research and Markets has announced the addition of the “Global Filters (Industrial and Automotive) Market Forecast to 2020 – Industry Insights by Segment” report to their offering.
The global filters market is growing due to increasing population and urbanization, which is consequently increasing the propensity of industrialization, as well as boosting the demand for automotive filters. The emission regulations for industrial, as well as automotive sectors are further surging the demand of filters. HEPA filters are providing considerable growth opportunity to the market, owing to high-energy efficiency provided by them.
The increasing penetration of filters in the emerging countries is one of the most important drivers of the market. The technological advancements in terms of product development and innovation are expected to provide ample growth opportunity for the global market. The global filters market is observing a moderate level of consolidation, owing to the increasing acquisitions in the industry.
The increasing population and urbanization in the developing countries is propelling the demand for consumer products. This is consequently up surging the industrialization level in those countries and increasing the demand for filtration products. China, Indonesia, Malaysia, Philippines, and Vietnam are observing swift growth rates in industrial production. The industrial production in China grew by 9.7% in 2013 over 2012, while in Indonesia and Philippines it grew by 6% and 13.7% respectively during the same years under consideration.
The growing numbers of automotive, due to increasing disposable income of people and up surging commercial activities are also leading to increased vehicular pollution levels. The developed countries already have stringent norms related to automotive emission, while the developing countries are also following their developed counterparts to include them in their vehicular emission control programs.
Companies Mentioned:
- Affinia Group Inc.
- Clarcor Inc.
- Cummins Inc.
- Donaldson Company Inc.
- Eaton Corporation Plc
- Mann+Hummel
- Pall Corporation
- Parker Hannifin Corporation
Key Topics Covered:
1. Research Scope & Methodology
2. Executive Summary
3. Market Outlook
4. Global Filters Market Size and Forecast (2011 – 2020)
5. Global Industrial Filters Market, by Segment
6. Global Automotive Filters Market, by Segment
7. Global Filters Market, by Geography
8. Competitive Analysis
9. Company Profiles and Strategic Developments
For more information visit http://www.researchandmarkets.com/research/7zt9sx/global_filters
View source version on businesswire.com: http://www.businesswire.com/news/home/20160609005536/en/
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