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Web Exclusive | January 2017

Asia/Pacific, biggest market for air & fluid filters

Demand for air and fluid filters in the Asia/Pacific region totaled $11.4 billion in 2015, representing the world’s largest regional market. Because the area is home to both developed and developing economies, air and fluid filter demand tends to vary considerably from country to country. In general, however, the Asia/Pacific region has a low intensity of air and fluid filter consumption per capita.

China is by far the leading consumer of air and fluid filters, accounting for roughly 45 percent of regional sales in 2015. Japan, India, and South Korea are the next largest markets, among the top 10 air and fluid filter consumers in the world. These and other trends are presented in Global Air & Fluid Filters Market, a new study from The Freedonia Group, a Cleveland-based industry research firm.

Fluid filters were the larger segment of the Asia/Pacific market in 2015, representing 52 percent of total regional air and fluid filter sales. Fluid filter sales will be supported by continued economic growth and an expansion in manufacturing output, driving demand for both fluid filters used to process industrial fluids and for fluid power filters used in manufacturing equipment. Additional gains will be promoted by an expansion of water and wastewater treatment infrastructure throughout the region. Going forward, air filters are forecast to post the faster gains, as well as the majority of new growth in total regional demand. Sales of these products will benefit from increases in building construction spending and manufacturing activity, as well as from environmental regulations promoting the greater use of pollution control equipment.
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