Air Filter Foam Market - Global Industry Dynamics 2018-19, Trends and Forecast, 2020–2027

An air filter foam is oil-wetted, polyurethane or polyester urethane foam. Depending on grade and thickness of the foam used, air filters with foam can provide the minimum flow restriction. Air filter foams are commonly used in small engines and air compressors. Air filter foam offers lower resistance to air. It is washable, easy to install, reusable, and space saving.

Driving Factors:

  • Key factors driving the global market include rapid increase in the sales of motorbikes and passenger vehicles, growth in aftermarket sales of air filters, and implementation of norms to reduce carbon emissions

  • Moreover, rapid growth of automotive and consumer electronics industries is projected to drive the demand for air filter foams in the near future

  • Evolution of e-commerce has created better opportunities for producers and distributors of air filter foams to sell their products through online channels. Producers and distributors of air filter foams are focusing on selling their products on various e-commerce portals in order to cater to a wide range of consumers across the globe. Promotion of air filter foams through various online channels is expected to offer attractive opportunities to the global air filter foam market in the next few years.

Market Segmentation:

  • The global air filter foam market can be segmented based on material, application, distribution channel, and region.

  • In terms of material, the global air filter foam market can be divided into polyurethane and polyester urethane.

  • Based on application, the air filter foam market can be categorized into automotive, consumer electronics, furnaces, and others (including data processing equipment and humidifiers).

  • Based on distribution channel, the air filter foam market can be segregated into offline and online. The offline segment can be sub-divided into direct selling and dealers or distributors. The online segment can be sub-categorized into e-commerce websites and company-owned websites.

  • In terms of region, the global air filter foam market can be segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The market in North America is projected to expand at a considerable pace in the near future, as this region is projected to be the largest air filter aftermarket in the near future in countries such as the U.S. and Canada. The air filter foam market in Europe is estimated to expand at a constant pace during the forecast period, due to stringent rules and regulations imposed by regulatory bodies in Germany, the U.K., Finland, and France to reduce carbon emissions from automobiles. The air filter foam market in Asia Pacific is projected to expand at a significant pace in the near future, due to rapid increase in sales of motorcycles and passenger vehicles in countries such as India, China, Japan, and Indonesia. The air filter foam market in South America is projected to expand at a moderate rate in the near future, due to rise in the purchasing power of consumers in the region.

Competitive Landscape:

  • Prominent players operating in the global air filter foam market include Robert Bosch GmbH, Permatron Corporation, Uni Filter, and supreme.co.in. MAHLE GmbH, North American Filter Corporation, and PARKER HANNIFIN Corp. These players are projected to face intense competition during the forecast period, due to presence of a large number of local players in the marketplace.

  • Major players are focusing on product innovations and research and development activities. Companies are involved in mergers and acquisitions with local players to expand their product portfolios. Producers in developing countries are focusing on reducing their production costs and enhancing profitability so as to achieve sustainable growth of their businesses.

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