Global Intake Filter Media Market is valued approximately USD 5.15 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.6 % over the forecast period 2020-2027. Intake filter media is the air cleaning component fixed in air filters to catch dust and other contaminants from the air so they can reach the turbine. The use of various types of air filter media relies on different fields of use, such as automobile, aerospace, marine and other applications. Further, Global passenger air traffic has seen an upward trend since 2009 and is projected to increase over the years. According to annual figures from the International Civil Aviation Organization (ICAO) worldwide, the cumulative number of commuters on scheduled flights increased to 4.38 billion in 2019, which was 3.65 per cent more than in the 2018. The highest passenger traffic in the Asia-Pacific region has been observed. In October 2018, the International Air Transport Association (IATA) announced that the latest advances in air transport ventures could double to 8.2 billion passengers till 2037. This is projected to be one of the key drivers that will raise the demand for aircraft filters and fuel the growth of the global intake filter media industry. Furthermore, factors such as tight government restrictions on toxic vehicle pollution and the use of nanotechnology for air filtration are expected to accelerate the development of the global demand for intake filter media. However, emergence of washable air filters impedes the growth of the market over the forecast period of 2020-2027. Also, the rising demand for intake filter media for alternative fuel vehicles is projected to create future opportunities for the global intake filter media market.
The regional analysis of global Intake Filter Media market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the implementation of emission and fuel economy related standards & regulations in the country. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as Rapid industrialization in countries such as China, India and Vietnam would create lucrative growth prospects for the Intake Filter Media market across Asia-Pacific region.
Major market player included in this report are:
Brackett Aero Filters, Inc.
Donaldson Company Inc.
K&N Engineering, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Filter Media:
By Distribution Channel:
By Vehicle Type:
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Intake Filter Media Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers