Lucintel Anticipates that Asia Pacific will be the Fastest Growing Region in the Hydraulic Filter Market

   August 14, 2019
According to a new market report published by Lucintel, the future of the hydraulic filter market looks promising with opportunities in the construction machinery, mining, petrochemical, aerospace, marine, and transportation industries. The hydraulic filter market is expected to reach an estimated $6.8 billion by 2024 with a CAGR of 3.6% from 2019 to 2024. The major drivers for this market are increasing production of construction, mining, and other equipment, stringent government regulations for environmental pollution, and increased focus on preventive maintenance of hydraulic equipment and systems.

Browse 78 market data tables and 113 figures spread through 175 pages and in-depth TOC on “Hydraulic Filter Market"

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In this market, different types of hydraulic filter such as suction side filter, pressure side filter, return side filter, off-line filter, and in-tank breather filter are used as product type. On the basis of comprehensive research, Lucintel forecasts that, pressure side filter will remain the largest segment and it is also expected to witness the highest growth over the forecast period as these filters are designed to clean the fluid to protect the pump and other sensitive components.

Within this market, hydraulic filters for construction machinery will remain the largest segment over the forecast period due to increasing production of construction machinery.

Asia Pacific will remain the largest region and it is also expected to witness highest growth over the forecast period due to increasing production of construction machinery, high investment in infrastructure, and government plans for smart cities.

Emerging trends, which have a direct impact on the dynamics of the hydraulic filter industry, include the introduction of new micro glass materials with unique six layer design that delivers 50% more dirt holding capacity and development of the hydraulic filters with cyclone effect technology. Parker Hannifin, Mahle, Donaldson, Eaton, UFI FILTERS, Danaher, Bosch Rexroth, SMC Corporation, Caterpillar, and Yamashin are among the major hydraulic filter manufacturers.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the hydraulic filter market by product, end use industry, mode of distribution channel, and region and has come up with a comprehensive research report entitled “Growth Opportunities in the Hydraulic Filter Market 2019-2024: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the hydraulic filter market by product, end use industry, mode of distribution channel, and region as follows:

By Product Type [$B shipment analysis for 2013 – 2024]:

  • Pressure Side Filter

  • Return Side Filter

  • Off-Line Filter

  • In-Tank Breather

  • Suction Side Filter

  • Others

By End Use Industry [$B shipment analysis for 2013 – 2024]:

  • Construction Equipment

  • Transportation

  • Aerospace

  • Marine

  • Mining 

  • Petro-chemical

By Mode of Distribution Channel [$B shipment analysis for 2013 – 2024]:

  • OEM

  • Aftermarket

By Region [Value ($ Million) and Volume (Million Units) from 2013 to 2024]:

  • North America

    • United States

    • Canada

    • Mexico

  • Europe

    • Germany

    • United Kingdom

    • France

    • Russia

  • Asia Pacific

    • China 

    • Japan

    • India

    • South Korea

    • Indonesia

  • The Rest of the World

    • Brazil

    • Argentina

This 175-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or

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