Filters Market Companies Integrate

LONDON, Sept. 22, 2022 (GLOBE NEWSWIRE) — According to The Business Research Company’s filter market research report, nanotechnology is gaining popularity in filter market trends. Nanotechnology in filters refers to the use of nanomaterials and nanoparticles to improve filter performance. Such a nanotechnology-based filter system is a nanotechnology-based water purification system that is considered modular, highly efficient, and cost-effective compared to traditional water filtration procedures. These systems consist of carbon nanomaterials, metal oxide nanoparticles, zeolites and other nanomaterials that are embedded in a polymer matrix to improve the performance of traditional polymer membranes. For example, in February 2020, Parker Hannifin Corporation, a US-based motion and control technology company, and its industrial gas filtration and generation division launched the ProTura® SB nano pleated filters, which are a dust collection filter used in a variety of applications. ProTura® SB Nano pleated filters utilize advanced nanofiber filtration technology in which the filters are made from a 100% synthetic base media with a proprietary nanofiber layer applied to the collection surface, designed for demanding applications.

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The size of the global filters market 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 share is expected to reach $94.30 billion in 2026 at a compound annual growth rate (CAGR) of 6.89%.

The rapidly increasing adoption of air purifiers due to the increase in emissions of toxic gases in the air causing serious health risks is expected to fuel the demand for the filters market. Air toxics cause a wide range of health effects depending on the specific pollutant, the amount of exposure, and how people are exposed. People who inhale high levels of toxic substances in the air experience irritation of the nose, throat and eyes and difficulty breathing. Long-term exposure to toxic substances in the air such as carbon monoxide, nitrogen oxides, lead and others can cause cancer and long-term damage to the respiratory, neurological, immune and reproductive systems . For example, according to a study by the British Lung Foundation (BLF) and Asthma UK published in February 2021, almost 6 million people aged over 65 in England are at higher risk of lung damage and seizures. asthma from toxic air. This increase in toxic air would increase the demand for air purifiers, thereby driving the growth of the filter market.

The major players in the filter market are 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.

The global filters market is segmented by product into fluid filters, ICE filters, air filters; by distribution channel in offline stores, online stores; by application in motor vehicles, consumer goods, utilities, industry and manufacturing, others.

Asia Pacific was the greater region in the Global Filters Market in 2021. Regions covered in the Global Filters Market report are Asia-Pacific, Western Europe, Eastern Europe, North America, America South, the Middle East and Africa.

The Global Filters Market Report 2022 – Global Market Size, Trends and Forecasts 2022-2026 is part of a series of new reports by The Business Research Company that provide Filters Market overviews, Filters market analysis and forecast market size and growth for overall market, filters market segments and geographies, filters market trends, filters market drivers, filters market restraints, filters revenue, profiles and market shares of major market competitors in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.

The report also gives an in-depth analysis of the impact of COVID-19 on the market. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. A highly experienced and expert team of analysts and modellers provide market analysis and forecasts. The reports identify key countries and segments for opportunities and strategies based on market trends and key competitor approaches.

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