Market Overview:
The global hydraulic filter element market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hydraulic filters in various applications such as mining, oil & gas, architecture, ocean and others. In addition, the growing awareness about the benefits of using hydraulic filters is also contributing to the growth of this market. Based on type, high pressure hydraulic filter element held a major share of the global hydraulic filter element market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to their ability to remove contaminants from fluids at high pressures without any loss in performance or efficiency. Based on application, mining was one of the major segments for hydraulics filtration products and accounted for a significant share of this market in 2017.
Product Definition:
A hydraulic filter is a device used to remove contaminants from hydraulic fluid. The fluid enters the filter element, which is a pleated tube or cartridge filled with filtering media. As the fluid flows through the media, contaminants are trapped and removed from the system.
High Pressure Hydraulic Filter Element:
High pressure hydraulic filter element is a device that is used to separate solid particles from liquid in oil & gas pipelines. It works on the principle of pressure and flow rate. The basic working principle of HPHFE is based on four simple elements, namely; suction, discharge, check valve and upstream media selection.
Medium Pressure Hydraulic Filter Element:
The hydraulic filter element is a small filtering device that is used in the oil & gas industry to separate solid particles from fluid. The element consists of two metal plates, one of which is stationary and the other rides along with the fluid particle. As soon as a particle comes in contact with the riding plate it gets captured by its surface and carried to an opening where it can be removed from the system.
Application Insights:
The mining application segment led the global market in 2017 and is projected to expand at a revenue-based CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for coal, copper, silver, and other minerals from various industries across the globe.
The oil & gas industry is one of the largest consumers of these products as they are used in numerous applications including hydraulic fracturing operations along with shale gas extraction activities. The rising need for hydraulic filters during natural gas production has resulted in an increased demand for HFEs which are capable of handling high flow rates while providing clear filtration output fluids without any loss or contamination.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major mining companies such as BHP Billiton, Rio Tinto, Xstrata and Antofagasta in Chile has resulted in high demand for hydraulic filters across various applications. In addition, increasing oil & gas exploration activities coupled with rapid infrastructure development are likely to drive product demand over the forecast period.
The North America market was valued at USD X million in 2017 owing to growing concerns regarding water pollution along with stringent environmental regulations by EPA have resulted in increased utilization of water treatment processes including filtration that drives industry growth. In addition, rising shale gas exploration activities are anticipated to augment product penetration across this region during the forecast period.
Europe accounted for a significant share of revenue generated by hydraulics filter element manufacturers due to growing concerns regarding air pollution resulting from industrialization have led European countries such as Germany.
Growth Factors:
- Increasing demand for hydraulic filters in the automotive industry to improve fuel efficiency and reduce emissions
- Growing demand for hydraulic filters in the construction and mining industries to improve equipment performance
- Increasing use of hydraulic systems in agricultural applications
- Technological advancements that have led to the development of more efficient and durable hydraulic filter elements
- Rising awareness about the importance of regular filter element replacement for optimal system performance
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydraulic Filter Element Market Research Report
By Type
High Pressure Hydraulic Filter Element, Medium Pressure Hydraulic Filter Element, Low Pressure Hydraulic Filter Element
By Application
Mining, Oil & gas, Architecture, Ocean, Others
By Companies
Bosch, Parker, Pall, Eaton, HYDAC, Swift Filters, STAUFF, Schroeder Industries, Luber-finer (Champion Laboratories), Cleanse Filtration, Xinxiang FeiLiter Equipment, Xufeng Guolv, Wannuo Filter, Wenzhou Kanghua Hydraulic, Langfang Hualv Filtration Equipment
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Hydraulic Filter Element Market Report Segments:
The global Hydraulic Filter Element market is segmented on the basis of:
Types
High Pressure Hydraulic Filter Element, Medium Pressure Hydraulic Filter Element, Low Pressure Hydraulic Filter Element
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Mining, Oil & gas, Architecture, Ocean, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Parker
- Pall
- Eaton
- HYDAC
- Swift Filters
- STAUFF
- Schroeder Industries
- Luber-finer (Champion Laboratories)
- Cleanse Filtration
- Xinxiang FeiLiter Equipment
- Xufeng Guolv
- Wannuo Filter
- Wenzhou Kanghua Hydraulic
- Langfang Hualv Filtration Equipment
Highlights of The Hydraulic Filter Element Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Pressure Hydraulic Filter Element
- Medium Pressure Hydraulic Filter Element
- Low Pressure Hydraulic Filter Element
- By Application:
- Mining
- Oil & gas
- Architecture
- Ocean
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydraulic Filter Element Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A hydraulic filter element is a component of an air conditioning system that removes dust, dirt, and other small particles from the air.
Some of the major companies in the hydraulic filter element market are Bosch, Parker, Pall, Eaton, HYDAC, Swift Filters, STAUFF, Schroeder Industries, Luber-finer (Champion Laboratories), Cleanse Filtration, Xinxiang FeiLiter Equipment, Xufeng Guolv, Wannuo Filter, Wenzhou Kanghua Hydraulic, Langfang Hualv Filtration Equipment.
The hydraulic filter element market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydraulic Filter Element Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydraulic Filter Element Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydraulic Filter Element Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydraulic Filter Element Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydraulic Filter Element Market Size & Forecast, 2020-2028
4.5.1 Hydraulic Filter Element Market Size and Y-o-Y Growth
4.5.2 Hydraulic Filter Element Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High Pressure Hydraulic Filter Element
5.2.2 Medium Pressure Hydraulic Filter Element
5.2.3 Low Pressure Hydraulic Filter Element
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Mining
6.2.2 Oil & gas
6.2.3 Architecture
6.2.4 Ocean
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydraulic Filter Element Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydraulic Filter Element Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High Pressure Hydraulic Filter Element
9.6.2 Medium Pressure Hydraulic Filter Element
9.6.3 Low Pressure Hydraulic Filter Element
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Mining
9.10.2 Oil & gas
9.10.3 Architecture
9.10.4 Ocean
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High Pressure Hydraulic Filter Element
10.6.2 Medium Pressure Hydraulic Filter Element
10.6.3 Low Pressure Hydraulic Filter Element
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Mining
10.10.2 Oil & gas
10.10.3 Architecture
10.10.4 Ocean
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High Pressure Hydraulic Filter Element
11.6.2 Medium Pressure Hydraulic Filter Element
11.6.3 Low Pressure Hydraulic Filter Element
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Mining
11.10.2 Oil & gas
11.10.3 Architecture
11.10.4 Ocean
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High Pressure Hydraulic Filter Element
12.6.2 Medium Pressure Hydraulic Filter Element
12.6.3 Low Pressure Hydraulic Filter Element
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Mining
12.10.2 Oil & gas
12.10.3 Architecture
12.10.4 Ocean
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High Pressure Hydraulic Filter Element
13.6.2 Medium Pressure Hydraulic Filter Element
13.6.3 Low Pressure Hydraulic Filter Element
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Mining
13.10.2 Oil & gas
13.10.3 Architecture
13.10.4 Ocean
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydraulic Filter Element Market: Competitive Dashboard
14.2 Global Hydraulic Filter Element Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Parker
14.3.3 Pall
14.3.4 Eaton
14.3.5 HYDAC
14.3.6 Swift Filters
14.3.7 STAUFF
14.3.8 Schroeder Industries
14.3.9 Luber-finer (Champion Laboratories)
14.3.10 Cleanse Filtration
14.3.11 Xinxiang FeiLiter Equipment
14.3.12 Xufeng Guolv
14.3.13 Wannuo Filter
14.3.14 Wenzhou Kanghua Hydraulic
14.3.15 Langfang Hualv Filtration Equipment
