The global intake filter media market exhibited moderate growth during 2015-2020. Looking forward, the market is set to grow at a CAGR of around 6% during 2021-2026.
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end-use sectors. These insights are included in the report as a major market contributor.
Intake filter media is a component of an air filter that prevents atmospheric dust particles from depositing on the internal parts of a machine. These particles usually deposit on the valves, rotors, vanes, or impellers of turbines, engines, centrifugal fans, and blowers. Intake filter media assists in preventing premature mechanical wear and tear and oil contamination in the engine. As it is washable, reusable, easy to install, and exhibits high mechanical strength and considerable dirt holding capacity, its demand is increasing around the world.
Intake Filter Media Market Trends
The increasing utilization of air filters equipped with superior intake filter media in engines represents one of the key factors propelling the growth of the market. Intake filter media removes fine dust particles and provides cleaner air to engines, which is required for improving combustion and lowering emissions.
Besides this, the growing adoption of air filters in automobiles on account of strict government regulations to reduce the release of pollutants and harmful greenhouse gas (GHG) emissions into the atmosphere is favorably influencing the sales of intake filter media around the world.
Additionally, the increasing application of intake filter media in the aerospace and marine industries is strengthening the growth of the market. Furthermore, the rising utilization of advanced filter materials with electrostatic interactions is improving the efficiency of intake filter media. Moreover, the advent of nanofiber filter media is improving the overall dust separation efficiency, reducing flow control and extending service life, which is anticipated to fuel the market growth.
Key Questions Answered in This Report:
How has the global intake filter media market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global intake filter media market?
What are the key regional markets?
What is the breakup of the market based on the filter media?
What is the breakup of the market based on the mode?
What is the breakup of the market based on the application?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global intake filter media market and who are the key players?
What is the degree of competition in the industry?
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being
Vista Outdoor Inc. ("Vista Outdoor", "we", "us" or "our") and Czechoslovak Group a.s. ("CSG") announced today that they have voluntarily withdrawn and re-filed their joint voluntary notice to the Committee on Foreign Investment in the United States...
The Board of Directors of Chimera Investment Corporation announced the declaration of its first quarter cash dividend of $0.11 per common share. The dividend is payable April 30, 2024 to common stockholders of record on April 8, 2024. The ex-dividend...
Apogee Minerals Ltd. ("Apogee" or the "Company" or the "Optionee") has amended the option agreement (the "Amendment Agreement") with Eagle Plains (the "Optionor") whereby the Optionor granted the Company the right to acquire up to an 80% interest in...
Metalla Royalty & Streaming Ltd. ("Metalla" or the "Company") announces its operating and financial results for the year ended December 31, 2023. Metalla has also filed with the U.S. Securities and Exchange Commission (the "SEC") its SEC Annual...
First Trust Advisors L.P. ("FTA") announces the declaration of the Monthly distribution for certain exchange-traded funds advised by FTA, a series of First Trust Exchange-Traded Fund.
The following dates apply to today's distribution...
PACIFIC COAST OIL TRUST (the "Trust"), a royalty trust formed by Pacific Coast Energy Company LP ("PCEC"), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on March 28, 2024 based...