Filters Industry to Grow Substantially at CAGR of 5.1% from 2023-2030
Filters Industry Forecasts 2023-2030 Filters Industry Data Book - Mobil & Engine Filters, Hydraulic & Lube Filters, Process Filters, Industrial Air Filters, North America HVAC Filters, Air Pollution Control System, Compressed Air Dryers and Compressed Air Filters Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030 Filters Industry Outlook The economic value generated by the filters industry was estimated at approximately USD 75.5 billion in 2022. This economic output is an amalgamation of businesses that are involved in the manufacturing of filters, distribution & supply, and aplication of filters. Asia Pacific dominated the market in 2022 with a revenue share of over 43%. Robust manufacturing bases in the region, specifically in China and India have provided accelerating growth to the regional industrial output with major manufacturing operations including the production of automobiles, machinery, electrical & electronics,...