Middle East & Africa Filters Market Size & Outlook
The filters market in Middle East & Africa is expected to reach a projected revenue of US$ 3,768.2 million by 2030. A compound annual growth rate of 4.8% is expected of Middle East & Africa filters market from 2022 to 2030.
The MEA filters market generated a revenue of USD 2,476.8 million in 2021.
The market is expected to grow at a CAGR of 4.8% from 2022 to 2030.
In terms of segment, ice filters was the largest revenue generating type in 2021.
Air Filters is the most lucrative type segment registering the fastest growth during the forecast period.
Country-wise, Saudi Arabia is expected to register the highest CAGR from 2022 to 2030.
MEA data book summary
Market revenue in 2021
USD 2,476.8 million
Market revenue in 2030
USD 3,768.2 million
Growth rate
4.8% (CAGR from 2021 to 2030)
Largest segment
Ice filters
Fastest growing segment
Air Filters
Historical data covered
2018 - 2020
Base year for estimation
2021
Forecast period covered
2022 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Fluid Filters, ICE Filters, Air Filters
Other key industry trends
In terms of revenue, MEA region accounted for 3.4% of the global filters market in 2021.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 54,382.5 million by 2030.
The growing oil & gas industry in the Middle East & Africa is one of the major contributors to rising environmental issues in the region. Various activities such as exploration, drilling, and extraction result in the emission of pollutants into the atmosphere and water bodies.
Strict government norms imposed on the companies to limit the number of pollutants released into the environment are expected to propel the market growth.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Filters Market Outlook will help companies and investors design strategic landscapes.
Ice Filters was the largest segment with a revenue share of 41.53% in 2021.
Horizon Databook has segmented the Middle East & Africa filters market based on fluid filters, ice filters, air filters covering the revenue growth of each sub-segment from 2018 to 2030.
The growing oil & gas industry in the Middle East & Africa is one of the major contributors to rising environmental issues in the region. Various activities such as exploration, drilling, and extraction result in the emission of pollutants into the atmosphere and water bodies.
Strict government norms imposed on the companies to limit the number of pollutants released into the environment are expected to propel the market growth.
Middle East & Africa Filters Market Type Outlook (Revenue, USD Million , 2021-2033)
Fluid Filters
ICE Filters
Air Filters
Middle East & Africa Filters Market Application Outlook (Revenue, USD Million , 2021-2033)
Motor vehicle
Consumers applications
Utilities
Industrial & manufacturing
Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa Filters Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa Filters Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Middle East Africa Filters Market, 2021-2033 (US$M)