DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Filters (Industrial and Automotive) Market Size, Share, Development, Growth and Demand Forecast to 2020" report to their offering.
The global filters market is growing due to increasing population and urbanization, which is consequently increasing the propensity of industrialization, as well as boosting the demand for automotive filters. The emission regulations for industrial, as well as automotive sectors are further surging the demand of filters. HEPA filters are providing considerable growth opportunity to the market, owing to high-energy efficiency provided by them. The increasing penetration of filters in the emerging countries is one of the most important drivers of the market. The technological advancements in terms of product development and innovation are expected to provide ample growth opportunity for the global market. The global filters market is observing a moderate level of consolidation, owing to the increasing acquisitions in the industry.
With the increasing competition in the market, the filtration companies are modifying their product portfolio to include offerings that are more advanced. For instance, Pall Corporation launched a 5 nm asymmetric nylon filter for semiconductor lithography processes. It is targeted to reduce filter start-up and toll downtime, and minimize chemical waste. Cummins launched a lube filters with its polymeric nanotechnology-based synthetic media, Nanotech. The lube will be used in Cummins' filter engines and will remove 98.7% of particles of dimension 12 microns. The introduction of these technologically advanced products is expected to positively impact the growth of the global filters market.
Key Topics Covered:
1. Research Scope & Methodology
4.Global Filters Market Size And Forecast (2011-2020)
5.Global Industrial Filters Market, By Segment
6.Global Automotive Filters Market, By Segment
7.Global Filters Market, By Geography
9.Company Profiles And Strategic Developments
For more information about this report visit http://www.researchandmarkets.com/research/z63zsf/global_filters