According to a new market research study on “SAM Hydraulic Filters Market to 2027 - COVID-19 Impact and Regional Analysis and Forecast by Product and End-User” is expected to reach US$ 383.22 million by 2027 from US$ 243.25 million in 2019. The market is estimated to grow at a CAGR of 6.0% from 2020 to 2027. The report provides trends prevailing in the SAM hydraulic filters market along with the drivers and restraints pertaining to the market growth. Technological and digital advancements are providing surge in demand for hydraulic filter and this the major factor driving the growth of the SAM hydraulic filters market. However, issues associated with fancy installation process including sluggish design process is going to hamper the growth of SAM hydraulic filters market.
The SAM hydraulic filters market is segmented based on the product and end-user. Based on product, the SAM hydraulic filters market is segmented into suction filter, pressure filter, return line filter, off-line filter, breather filter, and others. Return line filter is dominating the market during the forecast period. Based on end-user, the SAM hydraulic filters market is segmented into manufacturing, marine, automotive, chemical and petrochemical, power generation, agriculture, construction, metal and mining, and others. Manufacturing segment held a substantial market share during 2017-2027.
Also the ongoing COVID-19 pandemic is adversely impacting the SAM region. In the SAM, Brazil has the highest number of COVID-19 confirmed cases, followed by other countries such as Ecuador, Peru, Chile, and Argentina. The governments of various countries in SAM are taking several initiatives to protect people and control COVID-19's spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to affect the region's economic growth as the region directly will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners. The outbreak has also resulted in the shutdown of production plants, which has impacted the growth of the automotive, manufacturing, and construction industry, among others and has limited the growth of the hydraulic filters market in the region. Additionally, the sales of passenger vehicles in the region has declined which has resulted in the lower demand of the hydraulic filters market. Therefore, the COVID-19 pandemic outbreak has suppressed the hydraulic filters market in the SAM region.
Bosch Rexroth Corporation; 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. are among the leading companies in the SAM hydraulic filters market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Eaton Corporation plc launched LOFTREX Nylon a melt-blown depth filter cartridge that can be withstand high temperature operation at 120 °C (248 °F). The LOFTREX Nylon is made up of nylon 6.6 polymer with high melt-blown technology.
The report segments the SAM Hydraulic Filters Market as follows:
SAM Hydraulic Filters Market - By Product
SAM Hydraulic Filters Market - By End-User
SAM Hydraulic Filters Market - By Country
Reasons to Buy
The SAM hydraulic filters market is segmented based on the product and end-user. Based on product, the SAM hydraulic filters market is segmented into suction filter, pressure filter, return line filter, off-line filter, breather filter, and others. Return line filter is dominating the market during the forecast period. Based on end-user, the SAM hydraulic filters market is segmented into manufacturing, marine, automotive, chemical and petrochemical, power generation, agriculture, construction, metal and mining, and others. Manufacturing segment held a substantial market share during 2017-2027.
Also the ongoing COVID-19 pandemic is adversely impacting the SAM region. In the SAM, Brazil has the highest number of COVID-19 confirmed cases, followed by other countries such as Ecuador, Peru, Chile, and Argentina. The governments of various countries in SAM are taking several initiatives to protect people and control COVID-19's spread in the region through lockdowns, trade bans, and travel restrictions. These measures are expected to affect the region's economic growth as the region directly will face lower export revenues, both from the drop in commodity prices and reduction in export volumes, especially to major trading partners. The outbreak has also resulted in the shutdown of production plants, which has impacted the growth of the automotive, manufacturing, and construction industry, among others and has limited the growth of the hydraulic filters market in the region. Additionally, the sales of passenger vehicles in the region has declined which has resulted in the lower demand of the hydraulic filters market. Therefore, the COVID-19 pandemic outbreak has suppressed the hydraulic filters market in the SAM region.
Bosch Rexroth Corporation; 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. are among the leading companies in the SAM hydraulic filters market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, Eaton Corporation plc launched LOFTREX Nylon a melt-blown depth filter cartridge that can be withstand high temperature operation at 120 °C (248 °F). The LOFTREX Nylon is made up of nylon 6.6 polymer with high melt-blown technology.
The report segments the SAM Hydraulic Filters Market as follows:
SAM Hydraulic Filters Market - By Product
- Suction Filter
- Pressure Filter
- Return Line Filter
- Off-Line Filter
- Breather Filter
- Others
SAM Hydraulic Filters Market - By End-User
- Manufacturing
- Marine
- Automotive
- Chemical and Petrochemical
- Power Generation
- Agriculture
- Construction
- Metal and Mining
- Others
SAM Hydraulic Filters Market - By Country
- Brazil
- Argentina
- Rest of SAM
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM hydraulic filters Market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the SAM hydraulic filters Market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth SAM Market trends and outlook coupled with the factors driving the hydraulic filters Market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
3. Research Methodology
4. SAM Hydraulic Filters Market Landscape
5. SAM Hydraulic Filters Market - Key Market Dynamics
6. Hydraulic Filters Market - SAM Analysis
7. SAM Hydraulic Filters Market Analysis - by Product
8. SAM Hydraulic Filters Market Analysis - by End-User
9. SAM Hydraulic Filters Market - Country Analysis
10. SAM Hydraulic Filters Market - COVID-19 Impact Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bosch Rexroth Corporation
- 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.