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Filters Market Size is expected to reach at USD 111.9

#Filters #Market #Size #expected #reach #USD

BEIJING, Sept. 28, 2022 (GLOBE NEWSWIRE) — The Global Filters Market Size accounted for USD 74.6 Billion in 2021 and is estimated to achieve a market size of USD 111.9 Billion by 2030 growing at a CAGR of 4.8% from 2022 to 2030.

Filters Market Statistics

  • Global filters market revenue was worth USD 74.6 billion in 2021, with a 4.8% CAGR from 2022 to 2030
  • According to study, passenger cars will emit around 3 billion metric tons of carbon dioxide globally by 2020
  • Asia-Pacific market leads with more than 42% filters market share in 2021
  • North America region is projected to expand at a CAGR of 5% from 2022 to 2030
  • Among type, the hospital segment has captured 60% of total market share in 2021

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Filters Market Report Coverage:

Market Filters Market
Filters Market Size 2021 USD 74.6 Billion
Filters Market Forecast 2030 USD 111.9 Billion
Filters Market CAGR During 2022 – 2030 4.8%  
Filters Market Analysis Period 2018 – 2030
Filters Market Base Year 2021  
Filters Market Forecast Data 2022 – 2030
Segments Covered By Product, By Application, And By Geography
Filters Market Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled 3M, Koch Filter, Airex Filter Corporation, Donaldson Company, Inc., Freudenberg Filtration Technologies SE & Co. KG, Parker-Hannifin Corporation, The Camfil Group, Clark Air Systems, DENSO Corporation, and Spectrum Filtration Pvt. Ltd.
Report Coverage Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

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Filters Market Dynamics

Continued growth from the transportation sector for reducing emissions as a result of restrictions imposed by many agencies, including the United States Environmental Protection Agency (EPA) as well as the Ministry of The environment, is likely to drive the filters market during the projected period. Due to the increasing increase in the…

Read on GNW: Filters Market Size is expected to reach at USD 111.9

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