Market Data & Pricing
A sea change in the filter industry is underway
The true cost of one filter as opposed to another has been traditionally limited to considerations of energy cost vs performance. Health has been a factor in filter decisions, but not dominant. In this pandemic era the concept of true cost includes health factors measured in $ billions and even $ trillions and is unlike …
Rising awareness of environmental and health concerns drives demand for filtration
The $40 billion global filtration market is forecast to grow 4% per year through 2022. Fluid filters have favorable growth prospects because of increasing concerns about pollution; the introduction of new, state-of-the-art filtration technologies; the expansion of public infrastructures around the world; and increasing consumer interest in a wide range of filtration products. The adoption …
Weathering the storm – Brexit forces a filter manufacturer to rethink its supply chain
Croft Filters Ltd, based in Warrington, U.K., has been designing and manufacturing customized filters for industry for more than 33 years. During that time, I’ve noticed that whenever a general election is called in the United Kingdom, the phone stops ringing, email inquiries drop off and the order book diminishes. Once the election is past, …
The outlook for nonwoven filter media
The filtration end use is the fifth largest (in tonnage) of the nonwoven segments, consuming 9% of the world’s nonwovens production in 2018, and one of three end uses that will increase their relative share through the forecast period, with filtration rising to 10% of nonwovens production by 2023 (Figure 1). The filtration market is …
Four ways china is fighting air pollution
A new Freedonia study finds that the Chinese market for internal combustion engine, air, and fluid filters will approach $18 billion in 2022, and remain the largest in the world. Among the factors driving market growth, efforts by regulators to curb the nation’s notorious air pollution problem, such as by raising filtration standards, will continue …