Abstract
US filter demand to reach $12 billion in 2011
Demand for filters in the US is expected to increase 4.1 percent per year to
$12 billion in 2011. Gains will be driven by ongoing sales in the aftermarket,
which accounts for the vast majority of demand. Advances will also be spurred
by pending changes in environmental regulations, particularly those involving
cleaner air and a reduction in diesel engine emissions.
Manufacturers' increasing interest in reclaiming production inputs from
process water and investing in water recycling processes to reduce costs will
also drive demand for filters. Increasing penetration of newer products,
particularly motor vehicle cabin air filters and many varieties of home air
and water filters, and the development of a major aftermarket within these
segments will also fuel gains.
Filter shipments are projected to advance 3.2 percent annually through 2011 to
$10.9 billion. Gains will be limited by competition from imports as US
producers face increasing competition from low-cost imports, particularly in
the commodity-oriented segments. Domestic shipment growth will be further
limited as some US manufacturers move production offshore. However, US
manufacturers will remain strong in specialty and high end filters because of
ongoing technology developments and consumers' access to service. A shift in
usage toward higher value filters that perform more efficiently on a broader
range of particles will also contribute to advances.