Middle East & Africa Hydraulic Filters Market Segments and Growth by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027Middle East & Africa Hydraulic Filters Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product (Suction Filter, Pressure Filter, Return Line Filter, Off-Line Filter, Breather Filter, and Others), and End-user (Manufacturing, Marine, Automotive, Chemical and Petrochemical, Power Generation, Agriculture, Construction, Metal and Mining, and Others)
- Report Date : Nov 2020
- Report Code : TIPRE00016253
- Category : Manufacturing and Construction
- Status : Published
- Available Report Formats :
- No. of Pages : 128
The hydraulic filters market in MEA is expected to grow from US$ 165.38 million in 2019 to US$ 245.82 million by 2027; it is estimated to grow at a CAGR of 5.2% from 2020 to 2027.
Saudi Arabia, South Africa and UAE are major economies in MEA. Availability of superior products for high filtering capacity is the major factor driving the MEA hydraulic filters market in a positive way. The market players are coming up with new and innovative products to sustain the competitive edge and focus on the launch of products that could keep the fluid contaminant free. Hydraulic fluid is also referred to as the "life-blood" of hydraulic systems, and it is essential to keep this fluid free of contaminants to prevent damage and increase the life cycle of these systems. One such innovative product is breather filter. The breather filters prevent the dissemination of contamination from the ambient air in the hydraulic fluid. This circulating air consist of articles and moisture that can cause corrosion, rises equipment wear, and minimizes fluid performance. In typical systems, the inner hydraulic fluid is warmer than the external environment. This difference in temperatures grounds water vapor to form. Breather filters guards the hydraulic system by filtering out damaging moisture and particles. The breather filters evade contamination and water from the surroundings from entering the system. They keep contamination and water from any connection with fluctuations of the oil level in the tank (tank breathing). There are various other products which include spin-on filter, tank filter, and duplex filter. Spin-on filters are used in variety of end user including agriculture, construction. These spin-on filters are generally used to protect the individual pumps, valves, and hydraulic circuit. However, these several advantages offered by these filters offers a positive impact on Middle East & Africa Hydraulic Filters market. On the other hand, the tank filters and duplex filters are generally used to remove large contaminants from hydraulic system. The adoption rate of tank filters and duplex filters are comparatively slower than that of spin-on filters. However, in the forthcoming years, the procurement of the two filters are expected to rise attributing to the rise in number of manufacturing units across MEA. Thus, the availability of superior products for high filtering capacity is one of the major factors anticipated to propel the MEA hydraulic filters market growth during the forecast period.
Further, the ongoing COVID-19 is having terrible effect on MEA economy. In the MEA region, Iran, Saudi Arabia, Qatar, South Africa, and UAE are some of the countries with high number of COVID-19 confirmed cases and deaths. The economic and industrial growth of these countries has been affected negatively in the past few months. The region comprises many growing economies such as UAE, among others, which are prospective markets for hydraulic filters providers, owing to the huge presence of diverse customer base as well as infrastructural development to build smart cities. The majority of the business in these countries have come to a halt and is expected to continue slower than usual pace. The countries are taking significant containment measures to reduce the number of infected patients. COVID-19 pandemic outbreak has severely affected the automotive industry and has resulted in the shutting down of various automotive manufacturing facilities in the MEA. Thus, leading to reduction in demand for hydraulic filters. Additionally, the adverse effect on the tourism and hospitality industry has affected the sales of new cars in the region. Therefore, the COVID-19 pandemic outbreak has suppressed the hydraulic filters market in the MEA region.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA hydraulic filters market. The MEA hydraulic filters market is expected to grow at a good CAGR during the forecast period.MEA Hydraulic Filters Market
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
MEA Hydraulic Filters Market Segmentation
MEA Hydraulic Filters Market – By Product
- Suction Filter
- Pressure Filter
- Return Line Filter
- Off-Line Filter
- Breather Filter
- Others
MEA Hydraulic Filters Market – By End-User
- Manufacturing
- Marine
- Automotive
- Chemical and Petrochemical
- Power Generation
- Agriculture
- Construction
- Metal and Mining
- Others
MEA Hydraulic Filters Market, by Country
- Saudi Arabia
- South Africa
- UAE
- Rest of MEA
MEA Hydraulic Filters Market - Companies Mentioned
- Donaldson Company, Inc.
- Eaton Corporation Plc.
- Filtration Group Industrial
- HYDAC Technology Ltd.
- MANN+HUMMEL Group
- MP Filtri S.p.A.
- Pall Corporation
- Parker-Hannifin Corporation
- YAMASHIN-FILTER CORP.
Middle East & Africa Hydraulic Filters Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 165.38 Million |
| Market Size by 2027 | US$ 245.82 Million |
| Global CAGR (2020 - 2027) | 5.2% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
Market Research & Consulting
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- Donaldson Company, Inc.
- Eaton Corporation Plc.
- Filtration Group Industrial
- HYDAC Technology Ltd.
- MANN+HUMMEL Group
- MP Filtri S.p.A.
- Pall Corporation
- Parker-Hannifin Corporation
- YAMASHIN-FILTER CORP.
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