Nonwoven Filter Media Market Size and trends

Asia Pacific dominated the market and accounted for the largest revenue share of 46.8% in 2022 and is expected to grow at the fastest CAGR of 8.1% during the forecast period. This growth can be attributed to China and India's significant emphasis on water and air pollution control, Japan's increasing geriatric population, and a surge in demand for filtration solutions following the COVID-19 pandemic. Moreover, the region is anticipated to witness a high demand for filtration products in the automotive industry.

The product demand in North America and Europe is expected to be dominated by hygiene applications. The market is projected to witness stiff competition on account of the availability of alternative filtration solutions in the market. Developed countries, including the U.S. and Germany, are projected to showcase significant market growth due to its highly industrialized economy.

North America is expected to grow at a CAGR of 5.1% over the forecast period. This growth can be attributed to a rise in product demand for personal care and hygiene care products. A positive outlook for the food and beverage, HVAC, and automotive industry positively impacts industry growth.

The demand for nonwoven filter media in Central & South America is likely to witness significant growth over the projected period owing to the rising demand from application industries. High consumer awareness, rising water, air pollution concerns, and advancement in filtration technology are expected to impact market growth positively over the forecast period.