According to a recent research report from The Freedonia Group, a leading international business research company publishing more than 100 annual industry research studies, results shows that the demand for filters in the United States is expected to increase by 7.1% each year to $12.6 billion in 2015. What on earth could be causing this surge in air and water filter usage?
This study sites reasons that include an ongoing trend toward strengthening environmental regulations, especially an increase in those involved with reducing emissions from electric utilities and diesel engines. Concerns about water quality and indoor air quality are also increasing the demand for filters in this area of consumer goods. In light of heightened awareness regarding drinking water contaminants and air pollution, we are finding that more consumers are replacing their motor vehicle cabin and air filters, diesel emissions filters, residential air filters and water filters more frequently.
Fluid filters used for municipal water and waste, as well as consumer water and industrial fluid filters, account for the largest share of filter consumption. The use of internal combustion engine filters such as oil filters, air intake filters, cabin air filters and fuel filters account for the second largest share of filter consumption. The growing concern about the water we consume and the air we breathe is creating a proactive approach regarding the heightened concerns with water, indoor and outdoor air quality. For your family’s health and well-being, be sure to replace your water, air, humidifier and vehicle filters as recommended, depending on usage and environmental quality for optimal performance.