Filter Adhesive is basically an adhesive used in filter manufacturing. Manufacturers utilize adhesives to fabricate numerous filter components to assemble the filter media itself, and bond the filter media mainly into a frame or end cap or install the gasket. Most of these adhesives include sealants or casting compounds. Growing demand for these products from various end-use industries, including industrial, automotive, and manufacturing owing to the stringent environmental regulations is estimated to fuel market growth over the forecast period.
MARKET DYNAMICS
The filter adhesives market has witnessed a significant growth owing to factors such as wider application in industries such as water filter, liquid filter, oil filter, air filter, and others. The automotive industry is anticipated to witness the strong growth of this market. Increasing the use of filters in applications, such as oil intake, cabin air, and emission filtration, mainly in the automotive industry, is further expected to benefit this market. In addition to that, growing environmental issues, including water & air pollution due to the growing population as well as rapid industrialization, are likely to boost the demand for water & air filtration systems. Furthermore, the expansion of the manufacturing sector, along with growing investments in water, power generation, wastewater, and infrastructure across the globe, is likely to boost the product demand during the forecast period. Implementation of various environmental regulations, including the Kyoto Protocol, Euro 5, and Euro 6 to control the release of harmful emissions, compel the manufacturers to install filters, which is expected to aid market growth. However, the fluctuation of raw material and the availability of substitute products may hamper the growth of the filter adhesives market. Nevertheless, with the new product development, market players can open up new opportunities for this market.
MARKET SCOPE
The "Global Filter Adhesives Market Analysis to 2028?" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the filter adhesives market with detailed market segmentation by type, application, and geography. The global filter adhesives market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading filter adhesives market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global filter adhesives market is segmented on the basis of type, application. On the basis of type, the filter adhesives market is segmented solvent-based adhesives, water-based adhesives, and others. The filter adhesives market on the basis of the application is classified into water filter, liquid filter, oil filter, air filter, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global filter adhesives market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The filter adhesives market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the filter adhesives market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the filter adhesives market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global filter adhesives market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from filter adhesives market are anticipated to lucrative growth opportunities in the future with the rising demand for filter adhesives in the global market. Below mentioned is the list of few companies engaged in the filter adhesives market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the filter adhesives market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Affinia Group Intermediate Holdings, Inc.
- Bostik
- Cummins, Inc.
- Donaldson Company, Inc.
- H.B. Fuller
- Nanpao
- Parker Hannifin Corporation
- Permabond Llc
- Plasmatreat Gmbh
- Others
The Insight Partner dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.